Savvy shoppers give retailers a welcome boost despite World Cup July 8, 2014 Shoppers have boosted June like-for-like sales at high-street retailers by one per cent compared to the same period a year ago, new research out today shows. The increase is particularly significant given the World Cup, which traditionally draws shoppers, and their cash, away from the high-street. Sophie Bevan, head of retail and wholesale at BDO, [...]
Labour party to auction £140k of art work and Sir Patrick Stewart voicemail message at election gala dinner July 8, 2014 Ed Miliband is expecting Labour grandees to splash some serious cash at the party’s election gala dinner tonight, with auction lots from artists Antony Gormley, Anish Kapoor and Grayson Perry featuring a combined reserve price of £140,000. According to the leaked auction guide seen by City A.M., the party is seeking donations to boost [...]
Labour friends set to splash the cash at auction July 8, 2014 ED MILIBAND is expecting Labour grandees to splash the cash at the party’s election gala dinner tonight, with auction lots from artists Antony Gormley, Anish Kapoor and Grayson Perry featuring a combined reserve price of £140,000. According to the auction guide seen by City A.M., the party is seeking donations to boost its election campaign, [...]
Miliband to woo firms by training better graduates July 7, 2014 Labour will today announce plans to help businesses recruit and retain trained graduates, with new technical degrees backed by some of the UK’s biggest companies. The party’s leader Ed Miliband will give a speech setting out the policy, which would see the new degrees developed in conjunction with businesses and universities, to meet the needs [...]
Two new polls give Labour a seven point lead July 7, 2014 Two new polls have given Labour a strong seven point lead with just ten months to go before the general election in May. Polls from both Lord Ashcroft and Populus show Labour on 34 per cent and 38 per cent respectively, with the Conservatives behind on 27 and 31 per cent. The new surveys are [...]
May launches fresh inquiries into child abuse July 7, 2014 HOME secretary Theresa May has announced a wide-ranging inquiry into historic child sex-abuse scandals and the way they were handled by UK institutions. The inquiry will be headed up by an independent panel of child protection experts and will not report before the general election next year, May told the House of Commons yesterday. It [...]
Shareholder spring reduces top pay awards July 7, 2014 The legacy of the shareholder spring has reduced top executive pay in the FTSE 100 by seven per cent, according to new research. The pay packages of top bosses fell by five per cent in 2012 and seven per cent last year, the report from remuneration experts Manifest and MM&K suggested. The research also listed [...]
George Osborne tells India: The good days are coming July 7, 2014 Chancellor George Osborne has hailed Narendra Modi’s new administration in India for working to attract investment into the country, telling an audience in Mumbai that “good days are coming”. In a speech in which he announced a number of new trade deals between the UK and India, the chancellor praised the close ties between the [...]
Germany’s Angela Merkel sends strong warning to US over spy claims July 7, 2014 German Chancellor Angela Merkel has spoken for the first time about an alleged double agent in the German intelligence community, claiming if true it would be “a clear contradiction of what I consider to be trusting co-operation” with the US. Speaking during a trade visit to China, her seventh since taking office in 2005, Merkel [...]
Fear of Scottish independence behind Glasgow’s £500m boost from Treasury says Sturgeon July 3, 2014 Scotland’s deputy first minister Nicola Sturgeon has played down a £500m funding announcement by David Cameron, suggesting the money is in response to the threat of Scottish independence, an outcome the Prime Minister is keen to avoid. Cameron announced Glasgow as the first Scottish city to win a sought-after city deal with the Treasury yesterday, [...]