Osborne fleshes out his reform plan April 26, 2010 OVER the past week, the election campaign has started to feel a little like Groundhog Day: the polls are barely changing, confirming that we are now in a three-way race pointing to a hung parliament; there are no new policies from any of the parties; it seems at times as if we are merely being [...]
We must choose either fairness or freedom March 22, 2010 ALTHOUGH we are becoming more connected, more empowered by digital devices and more able to control our lives with technology, we are also becoming more nannied, more kept by the state. Shouldn’t there be an alignment towards more freedom rather than a contrast between our personal and civic lives? We spend our days listening to [...]
Babcock seals VT Group deal March 23, 2010 VT GROUP, the engineering services company, is bracing itself for job cuts at its Southampton headquarters after being acquired by Babcock International for £1.3bn yesterday. Chief executive Paul Lester told City A.M. there would be inevitable “casualties” among VT’s head office staff, but redundancies would affect a fraction of the merged group’s 27,000-strong workforce. Job [...]
Office affairs are rarely wise June 2, 2010 IN OFFICE HOURS BY LUCY KELLAWAY Fig Tree, £12.99 **** by Zoe Strimpel STELLA, Bella, Rhys and James are four employees at fictional City-based oil giant Atlantic Energy. Stella is an executive in her mid-forties with two kids and a stable – if slightly unexciting – marriage. Bella is a PA, with an alcoholic ex-boyfriend [...]
Office affairs are rarely wise June 2, 2010 IN OFFICE HOURS BY LUCY KELLAWAY Fig Tree, £12.99 **** by Zoe Strimpel STELLA, Bella, Rhys and James are four employees at fictional City-based oil giant Atlantic Energy. Stella is an executive in her mid-forties with two kids and a stable – if slightly unexciting – marriage. Bella is a PA, with an alcoholic ex-boyfriend [...]
At a glance: All of Alistair Darling’s 2010 Budget tax and spend policies March 24, 2010 THE ECONOMY/ PUBLIC FINANCES l Confirmed pre-Budget report (PBR) 2010 growth forecast of 1-1.5 per cent. But the chancellor revised downwards the 2011 forecast to 3-3.5 per cent to bring forecasts in line with those of the Bank of England. Growth forecast of 3.5 per cent in 2012 maintained. l Inflation spike expected to be [...]
Great progress on the deficit – but far too many unnecessary tax hikes June 22, 2010 WE?were told to expect a tough Budget, with lots of pain, and that was exactly what we got. Many of the policies announced were necessary; others, however, are clearly misguided. On balance, however, this Budget will leave Britain in a stronger position –?not something that could usually be said of the previous government’s efforts. George [...]
Great progress on the deficit – but far too many unnecessary tax hikes June 22, 2010 WE?were told to expect a tough Budget, with lots of pain, and that was exactly what we got. Many of the policies announced were necessary; others, however, are clearly misguided. On balance, however, this Budget will leave Britain in a stronger position –?not something that could usually be said of the previous government’s efforts. George [...]
Tesco beats forecasts with 1.4bn profits October 6, 2009 TESCO chief executive Sir Terry Leahy yesterday said that the UK was “past the low point” of the slump as he unveiled bumper profits and sales. Britain’s biggest retailer said that group sales had jumped 8.3 per cent to £30.4bn during the 26 weeks to 29 August – meaning the giant supermarket chain was ringing [...]
Gloves off as Goldman ups SEC defence April 25, 2010 GOLDMAN Sachs at the weekend distanced itself even further from the man at the centre of the Securities and Exchange Commission’s fraud case, publishing a raft of damaging personal emails to demonstrate differences of opinion within the bank. Goldman’s retaliatory move came just hours after a Senate subcommittee released a number of potentially explosive email [...]