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Business

  • EE crowned best UK mobile network, but rivals closing in

    August 18, 2014

    Mobile operator EE was crowned the UK’s best performing mobile network, according to an independent study out today. The tests by RootMetrics, the leading independent mobile analytics firm, found that EE’s customers received better calling, texting and mobile internet performance than rival operators Three, O2 and Vodafone during the first half of 2014. “Today’s results, [...]

  • Women paid £9k less than men and must work until they are 80 to earn the same

    August 18, 2014

    The pay gap between men and women is an astonishing £9,096 on average per year, or 23 per cent, according to new figures released today. Despite attempts to ensure equal pay between the genders, women can still expect to earn less than their male colleagues for the same job, with the gap widest at age [...]

  • Former BP-boss Lord Browne lends his name to LGBT network OUTStanding

    August 18, 2014

    Lord Browne's crusade to help LGBT executives come out of the glass closet is continuing its pace. The former BP boss has linked up with OUTStanding, the LGBT professional network, to compile its Top 100 list of LGBT executives – for which nominations are now open. “Lord Browne is one of our biggest advocates,” OUT­Stand­ing [...]

  • Not sure about an acquisition? Take Google’s toothbrush test

    August 18, 2014

    Google loves making an acquisition. This year alone it’s made 24. But would you believe us if we told you chief executive Larry Page uses a toothbrush to decide whether to gobble up a company or not. Well, it’s true. Sort of.    The New York Times has revealed Page has something called “the toothbrush [...]

  • Anti-Cuadrilla fracking activists No Dash For Gas digging in wrong spot

    August 18, 2014

    Anti-fracking campaigners No Dash For Gas didn’t quite achieve their goal yesterday pitching up on the wrong floor of the North and Western Lancashire Chamber of Commerce to protest about Cuadrilla. The fracking company rents one of the Chamber’s floors, but protesters set up shop on a different level. “They have been informed of the [...]

  • Berlin-EU clash is looming over currency union’s fiscal rules

    August 18, 2014

    A clash between the major Euro­zone economies over the currency union’s fiscal rules is looming, according to one of the leading Ger­man politicians in Angela Mer­kel’s party. Norbert Barthle told Italian newspaper La Repubblica that Berlin was heading for a confrontation with the social democratic governments of Italy and France over Europe’s fiscal compact. Barthle [...]

  • Euro area challenged by French failure to meet deficit targets

    August 18, 2014

    The French government’s admission that it will not be able to reach its deficit targets for the year is a negative signal for the Eurozone, according to credit ratings agency Moody’s. In a briefing note yesterday, Moody’s analysts said that France’s inability to reach deficit targets would prove a test of the Eurozone’s capability to [...]

  • Middle Eastern buyers seize half of £10m-plus homes in Mayfair

    August 18, 2014

    Middle Eastern buyers have been ramping up their presence in the capital and now account for half of all purchases of £10m-plus homes in Mayfair each year, new figures released yesterday show. According to findings from Mayfair and West End property specialist Wetherell, buyers from the Middle East made up 10 per cent of all [...]

  • Homes at East Village finish

    August 18, 2014

    PROPERTY giant Lend Lease said yesterday it had handed over the last phase of homes at East Village, which once housed athletes during the 2012 Olympics and Paralympics, to the Olympic Delivery Authority. The development includes a total of 2,818 homes. Some 1,250 homes are already lived in after the first residents moved in last [...]

  • Ineos acquires license to join fracking drive

    August 18, 2014

    INEOS has joined the dash to frack with the acquisition of a 51 per cent share of the Petroleum Exploration and Development Licence (PEDL), as the company looks to take part in the nascent shale gas industry being promoted in the UK. The petrochemical company, which is the fourth largest in the world, announced its [...]

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