Virgin Media’s sales rise but losses widen April 28, 2010 VIRGIN Media continued its roaring run of form with its fastest ever customer growth last quarter. It surpassed analyst expectations as it added 38,300 net cable customers to solidify its position as the UK’s second biggest pay-TV provider. Chief executive Neil Berkett said the firm had benefited from both record new customers and the lowest [...]
Hung parliament would be a disaster, says our City panel April 26, 2010 THE CITY fears a hung parliament will lead to a fall in the value of sterling, higher government borrowing costs and lower economic growth. The City A.M./PHI Panel, which has been specially recruited with Politics Home to represent a cross-section of London’s financial and business community, were to predict the economic impact of a hung parliament. [...]
Brussels is about to clobber the City May 16, 2010 HOW absurd. A successful British industry, one which even banker-bashers admit wasn’t responsible for the financial crisis, will this week be hammered by the European Union, marking the new government’s first foreign policy defeat and the latest blow to London’s prosperity. I’m of course referring to the EU’s attack on alternative investment managers, including hedge [...]
The accidental transport secretary turns his sights on planes and trains June 15, 2010 IT wasn’t meant to be like this. If the Tories had won an outright majority on 7 May, Philip Hammond would have gone to the Treasury as chief secretary and implemented the toughest spending cuts in a generation. As part of the coalition agreement, however, he had to step aside for a Liberal Democrat and [...]
The accidental transport secretary turns his sights on planes and trains June 15, 2010 IT wasn’t meant to be like this. If the Tories had won an outright majority on 7 May, Philip Hammond would have gone to the Treasury as chief secretary and implemented the toughest spending cuts in a generation. As part of the coalition agreement, however, he had to step aside for a Liberal Democrat and [...]
easyJet lands Guardian executive as new boss March 24, 2010 BUDGET airline easyJet has chosen Guardian Media Group chief executive Carolyn McCall to replace chief executive Andy Harrison. McCall who has been at the helm of the publisher of The Guardian and The Observer for four years, said the switch as a “once in a lifetime opportunity.” She has been with GMG for 24 years, [...]
Greek bailout talks delayed by ash April 18, 2010 A MISSION of European officials and the International Monetary Fund to Greece has been delayed by the volcanic ash cloud and will arrive on April 21 if possible, Greece’s Finance Ministry said yesterday. Struggling under a huge budget shortfall and debt pile, Greece requested the talks with the European Union, the European Central Bank and [...]
It was the Tories wot should’ve won it May 7, 2010 IT was the Tories wot should’ve won it. David Cameron entered this election with huge advantages over his rivals. The party’s coffers were bursting with almost £18m – the maximum that can be spent on a campaign – practically outstripping the Labour and Liberal Democrat war-chests put together. Nearly every newspaper came out in support [...]
Runners and riders line up May 10, 2010 David Crow examines those in line to succeed Gordon Brown as leader of the Labour party GORDON BROWN’S resignation will lead to an almighty battle for Labour’s soul. Those on the centre of the party will be looking for an heir to Tony Blair, the election-winning machine that kept them in power for 13 years. Brown’s backers [...]
‘Special One’ Jose eyes an English return March 15, 2010 CHELSEA V/S INTER MILAN JOSE MOURINHO has reiterated his desire to return to manage in England one day after stepping foot back inside Stamford Bridge last night. The Inter Milan boss returned for the first time since his shock sacking in September 2007 as he entertained the media ahead of tonight’s Champions League last-16 second [...]