Google and Carphone in mobile deal October 25, 2010 THE SECOND Google-branded mobile phone will hit the UK in time for Christmas through an exclusive deal with Carphone Warehouse, City A.M. has learned. Its predecessor, the Nexus One, is the flagship device for the search giant, which is desperately trying to wrest market share from Apple’s iPhone. The deal with Carphone represents a major [...]
Queen agrees to £6m cut to annual civil list budget October 20, 2010 EVEN the Queen felt the pain of yesterday’s cuts. George Osborne said the Queen had “graciously” agreed to do her bit. She has agreed to a freeze in the palace’s cash allowance, known as the Civil List and funded by the taxpayer, for a year. The bulk of the grant goes towards paying staff, with [...]
SELLING November 18, 2010 MANAGING DIRECTOR, PROPERTY HUNT Q.Dear Russell, what can I do to increase the value of my property? A.There are very simple and obvious things that can be done to improve the value of a property but it is amazing how often people forget them. For example, it will not help the value of your property [...]
M&C Saatchi expects Xmas adverts boost September 30, 2010 AD AGENCY M&C Saatchi hopes a bumper Christmas for retailers will help it beat full-year expectations. The update came as Saatchi posted a 17 per cent rise for pre-tax profit to £6.3m and the same size sales rise to £58.2m, for the six months to the end of June. The news adds to hopes that [...]
Barracuda looks to Costa to fuel sales November 1, 2010 BARRACUDA is to launch Costa coffee at its pub estate – and will now open at 9am for breakfast. Costa coffee is expected to be available in 100 of its 217 pubs by Christmas with the rest launching in 2011. Barracuda, which also has the Smith & Jones brand, is pursuing a more food-focused policy [...]
AARDMAN’S CLOSE SHAVE October 10, 2010 WALLACE and Gromit creator Aardman has posted a £2.5m loss this year after soaring costs and shrinking income from its commercials division ate into the bottom line. Despite recording £1m profits last year and increasing revenues by a third to £31.5m since then, the Bristol-based animation house has been hit by costs from moving headquarters, [...]
IRISH BOW OUT OF POWERSCOURT BASH AS DUBLIN FENDS OFF EU AID November 16, 2010 CITY comunications advisory Powerscourt last night held its annual bash in Paramount, the 31st-floor bar of Centrepoint, but there were a few old favourites missing from the crowd. CEO Rory Godson, originally from Ireland, said he could only pass on his apologies from his Irish chums: “Our friends in Dublin have stayed at home to [...]
KP tells Aussies: Adelaide show is just the start December 7, 2010 ENGLAND batsman Kevin Pietersen has warned Australia’s attack to get used to seeing him raise his bat in celebration after claiming to have rediscovered his ruthless touch in Adelaide. Pietersen ended a personal drought of 18 Tests without a century by recording his biggest international score of 227, inspiring England to an innings victory and [...]
PERSONAL FINANCE NEWS November 25, 2010 TRYING TO TIME THE MARKET IS COSTLY Research commissioned by Barclays Wealth has revealed that investors’ habit of chasing performance is costing more than one percentage point a year in returns. The study, which analysed fund flows between 1992 and 2009, discovered that market timing decisions by retail investors (when investing in equity mutual funds) [...]
PERSONAL FINANCE NEWS November 25, 2010 TRYING TO TIME THE MARKET IS COSTLY Research commissioned by Barclays Wealth has revealed that investors’ habit of chasing performance is costing more than one percentage point a year in returns. The study, which analysed fund flows between 1992 and 2009, discovered that market timing decisions by retail investors (when investing in equity mutual funds) [...]