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Business

  • Boris Johnson continues gas-bagging at #AskBoris Twitter question time

    October 20, 2014

    Boris Johnson flexed his fingers and hit Twitter yesterday for his monthly #AskBoris question time and, as usual, the mayor didn’t disappoint with his flamboyant answers.    He made an extraterrestrial quip when asked about the reinstatement of Peckham Lido, tweeting #takemetoyourlido. He said if he were to spend a night in any building at [...]

  • Florentijn Hofman’s giant sculpture HippopoThames hits St Katharine Docks

    October 20, 2014

    Visitors to the City’s St Katherine Docks might have noticed an interesting addition of late. Dutch artist Florentijn Hofman’s giant sculpture HippopoThames has been resident for a few weeks and this weekend will be honoured with a special hippo-themed family day on Saturday, replete with games and treats. We can’t wait.

  • Now Shire loses finance chief after deal fails

    October 20, 2014

    SHIRE’S chief financial officer (CFO) James Bowling is leaving the company at the end of the first quarter of 2015 to take up the top finance role at water company Severn Trent, replacing retiring CFO Mike McKeon. Flemming Ornskov, Shire’s chief executive, said: “James has helped build and lead a high-quality finance team at Shire. [...]

  • EE set to cut 350 jobs

    October 20, 2014

    Mobile operator EE is planning to cut 350 jobs including its Hatfield headquarters as the firm looks to slim down its marketing, finance, legal and account management teams. The move comes just days after reports that EE’s owners, Orange and Deutsche Telekom, are back in talks for either a float or sale of the business [...]

  • GoCompare bites back after The Big Deal’s claims that price comparison websites are hiding cheapest deals

    October 20, 2014

    Price comparison website GoCompare has hit back at energy site The Big Deal’s claims that “all the major price comparison websites” are hiding the cheapest deals from customers. The Big Deal conducted research on Compare the Market, Confused, GoCompare, MoneySupermarket and uSwitch, and has called on the government to take action over its findings. The company [...]

  • Amazon hires for Christmas: 13,000 temporary UK jobs to be created over festive period

    October 20, 2014

    Amazon is set to create an extra 13,000 temporary jobs in the UK over the Christmas season as the online giant braces itself for the busiest trading period of the year.    The company announced yesterday it will hire people to work across it eight fulfilment centres across the UK and its customer service centre [...]

  • CGI creates 650 new Welsh jobs

    October 20, 2014

    SOME 650 IT jobs are being promised for south Wales after Canadian IT services firm CGI announced it is planning to expand its Bridgend offices. The Welsh government are offering CGI a £3.2m grant to support the job-creation over five years. CGI provides cloud computing, cyber security and other IT service functions and currently employs [...]

  • Stars’ talent agency snapped up

    October 20, 2014

    THE TALENT agency which represents sports and movie stars including Cristiano Ronaldo and Cate Blanchett (pictured) was yesterday taken over by private equity giant TPG. Creative Artists Agency, the Hollywood talent agency, has sold a controlling stake to TPG, which is led by veteran dealmaker David Bonderman.

  • No slowdown for Halliburton amid oil slide

    October 20, 2014

    HALLIBURTON, the world’s number two oilfield services provider, said there were no signs of a slowdown in drilling activity despite the recent 25 per cent fall in oil prices. Halliburton’s shares rose about 2.5 per cent in early trading after the company reported a better-than-expected quarterly profit and raised its quarterly dividend. “We believe industry [...]

  • Chipotle sales beat forecasts

    October 20, 2014

    MEXICAN food chain Chipotle yesterday reported forecast-beating profit as sales continued to surge. Sales rose 19.8 per cent at restaurants open at least a year for its third quarter. While the US company expects comparable restaurant sales increases in the mid-teens for this year, it forecast that figure will dip to low to mid-single digit [...]

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