More pain for restaurants as firms cut back on Christmas November 12, 2009 THE number of restaurants falling into insolvency is set to rise again next year after one of the quietest corporate Christmases on record. The industry’s woes over the financial crisis have been well publicised by the difficulties experienced by the UK’s celebrity chefs. Gordon Ramsay revealed earlier this year that his restaurant empire had teetered [...]
WHAT THE OTHER PAPERS SAY THIS MORNING December 21, 2009 THE SUNDAY The Sunday Telegraph TEST FOR DEFENCE SPENDING PLEDGE The government’s pledge to direct £900m of defence spending into better equipment for Afghanistan will be tested next month when it announces the replacement for the controversial Snatch Land Rover. The Ministry of Defence (MoD) is understood to be choosing between four vehicles, and industry experts say the [...]
Construction firms accused of bid rigging September 22, 2009 CONSUMER watchdog the Office of Fair Trading (OFT) yesterday dealt out fines adding up to £129.5m to some of the UK’s biggest building companies, punishing them for colluding while bidding for work on projects such as hospitals, schools and housing refurbishments. Balfour Beatty, Carillion, Connaught, Interserve, Kier and Galliford Try were among the 112 named [...]