Nigel Farage claims Vince Cable is a “Marxist” after Royal Mail sale December 19, 2014 During his regular phone in with LBC radio Nigel Farage gave it business secretary Vince Cable with both barrels. The Ukip leader slammed the Lid Dem cabinet minister saying we've got a "Marxist in charge of the business department". Farage was answering a question referring to the privatisation of Royal Mail. He added that Cable [...]
Ukip 2014: The best gaffes, resignations and controversies December 19, 2014 It's been a bumper year for the "people's army", storming to victory in the European elections and capturing its first seats in Westminster. UK politics appears to be in a state of flux with a split on the right and neither of the major parties able to muster over 35 per cent of the vote. [...]
Serco in the clear: City of London Police find no evidence of any “corporate-wide conspiracy” December 19, 2014 Outsourcing firm Serco has finally received some good news after a disastrous year. After being asked last year to conduct an investigation into whether Serco staff had been misleadingly recording prisoners as ready for court when they were not, the Crown Prosecution Service has accepted the view of the City of London Police and put [...]
Jeb Bush to quit Barclays bank as speculation over 2016 presidential race heats up December 18, 2014 In further signs that he is preparing to run for the presidency of the United States former Florida governor Jeb Bush is leaving his position at Barclays bank, according to the Financial Times. The brother of America's 43rd President George W. Bush recently announced that he would "actively explore the possibility of running for President [...]
London universities race ahead to challenge Oxbridge December 18, 2014 London's universities are racing ahead in the area of research excellence and challenging Oxbridge for the top spots, according to new research. The London School of Economics (LSE) snatched the number one spot for the UK university with the highest proportion of "world leading" research. Meanwhile, University College London (UCL) has overtaken Cambridge in the [...]
Lord Myners report: Here’s why the Royal Mail sale wasn’t done on the cheap December 18, 2014 The much awaited Myners report commissioned by business secretary Vince Cable on the sale of Royal Mail has finally been released. The report concluded that the Royal Mail sale was undervalued by £180m. The Labour party and the trades unions will no doubt scream blue murder about another botched attempt by a Tory-led government to [...]
The UK, Alibaba and Nigel Farage are the biggest winners of 2014 December 18, 2014 As the year draws to a close it's a good time to reflect and look back on who will be cheerfully toasting 2014, after looking at those poor souls who've been dealt nothing but coal this year. This lot have plenty of reason for good cheer this holiday season – here's our pick of the [...]
Exclusive: Britain’s small businesses are being held back by “digital immaturity” December 17, 2014 Britain's small businesses are missing huge opportunities by failing to adapt adequately to the digital age, according to research published today. The UK's embrace of the American retail tradition of Black Friday has served to highlight how businesses are falling behind their customers. Mobile has become a key part of the consumer experience. On Black [...]
MPs behaving badly in 2014: Resignations, defections and prison sentences December 17, 2014 MPs rarely set the moral standard for the rest of us with fraudulent expenses claims, licentious behaviour and tasteless tweets galore. This past year has once again seen a handful of those charged with governing the country being held up as examples of bad, rather than good, behaviour. Here is a list of those MPs [...]
Tui Travel completes merger with its German parent company December 17, 2014 Tui Travel has completed its merger with its German parent company Tui AG. Tui AG shares will be admitted to the London Stock Exchange with effect from 8:00am. From today, Tui AG shares will also trade on the Frankfurt Stock Exchange. Dr Klaus Mangold, chairman of the supervisory board of Tui AG, said: Tui and [...]