Greening orders probe into DfiD
Justine Greening, the new international development secretary, has commissioned an investigation into her department’s use of consultants, despite assurances from Downing Street that the coalition has already done its best to “bear down” on wasteful aid spending.
D&D London receives sales boost
London’s fine diners have helped boost earnings at D&D London, the international restaurant group that owns Le Pont de la Tour and Coq d’Argent. The company, formerly known as Conran Restaurants, reported a 2.5 per cent rise in sales to £75.5m for the 52 weeks to the end of March on the back of a four per cent likefor- like revenue increase in its London restaurants, which constitute the bulk of its portfolio.
Ashmore aims at UK retail investors
Ashmore, the emerging market focused fund manager, is targeting UK retail investors as it attempts to broaden its client base and tap into increasing demand by European savers for developing world assets.
Indian PM risks supermarket revolt
India’s Prime Minister will learn today if he will face a vote of no confidence after gambling the future of his government on a decision to allow foreign supermarkets to operate in the country.
Poll gives Labour lead of 15 points
Labour has opened up a 15-point lead in a Populus poll for The Times that puts Ed Miliband on course for Downing Street but highlights the public’s ambivalence towards political leaders and their parties.
The Daily Telegraph
Archbishop tells bankers to behave
Bankers and businessmen leave their sense of right and wrong at home when they go to work, according to the leader of the Roman Catholic Church in England and Wales.
Climate goals to cost UK motorist £35
Drivers will be forced to pay an extra £35 a year due to a European climate change target, a report by Oxfam has found. Motorists will subsidise a move to ensure ten per cent of transport energy comes from renewable sources such as biodiesel.
THE WALL STREET JOURNAL
Credit Suisse to give more files over
Credit Suisse is handing over more internal documents to US authorities in response to Washington's crackdown on tax evasion, according to an internal memo reviewed by The Wall Street Journal.
US balks at General Motors plan
The Treasury Department is resisting a push by General Motors to sell the government’s entire stake in the auto maker—the latest source of tension between two unlikely partners.