Kiss me quick! Londoners urged to salute VE Day May 7, 2015 The Royal British Legion is calling on Londoners to recreate the celebrations of Victory in Europe Day (VE Day) 70 years ago with kisses all round. The campaign – with the hashtag #KissforVEDay – aims to recreate the euphoric atmosphere of 8 May, 1945, when it was announced that the war was over in Europe. [...]
Dutch and German growth help ING profit May 7, 2015 DUTCH finance group ING saw its profits shoot up by more than 50 per cent on the back of the relatively healthy economies in the Netherlands and Germany. The group made profits of €1.8bn (£1.3bn) in the first three months of the year, up 50.3 per cent on the same period of 2014. And its [...]
Strengthening demand for workers is fuelling sharp salary increases May 7, 2015 RAPIDLY rising demand for workers and reduced jobseeker availability is causing pay to climb, according to survey figures released today by consultants KPMG and the Recruitment and Employment Confederation. An index representing the growth of permanent hiring rose to a score of 60.6 in April from March’s 59.5. An index score above 50 signifies growth, [...]
China urged to free up yuan exchange rate May 7, 2015 CHINA needs to allow greater flexibility in its exchange rate, the International Monetary Fund (IMF) said yesterday. “Exchange rate policy should continue to allow greater flexibility by reducing foreign exchange intervention,” the IMF said in its economic outlook for the Asia Pacific. It also said China needed to “reorient the economy away from excessive reliance [...]
April car registrations hit decade high May 7, 2015 Confident consumers are driving up new car sales, according to figures published yesterday by the Society for Motor Manufacturers and Traders. The number of new car registrations reached 185,778 units last month, making it the best April for new car sales for a decade. It is also 5.1 per cent more registrations than April 2014.
How to land that bumper bonus May 7, 2015 TACTICS are always important when negotiating a salary for a new job, a pay rise, or a bonus. Playing for high stakes, investment bankers have settled on their technique. The trick, according to numbers from salary benchmarking site Emolument.com? Look unhappy. In fact, look furious. If nobody knows how much their colleagues have been paid, [...]
No problems for Spotify chair May 7, 2015 WHAT do you do when a hip-hop mogul tries to muscle in on your territory? If you’re Spotify chairman and co-founder Martin Lorentzon you hit them with a zippy one-liner. When asked what he would do about Jay-Z, given the rap king’s push into music streaming with his Tidal service, Lorentzon said: “I would say [...]
Derwent reaps £11m rent on London offices May 7, 2015 DERWENT London said yesterday that it has secured 23 per cent more rent this year so far than it achieved for the whole of 2014, as appetite for office space in central London continued unabated. The FTSE 250 developer, which owns the Tea Building in Shoreditch and Burberry’s offices at Horseferry House in Victoria, has [...]
Galliford Try wins £55m of school projects May 7, 2015 GALLIFORD Try said yesterday that it has won two new contracts in the education sector worth up to £55m. The FTSE 250’s construction business Morrison Construction will refurbish four primary schools in Scotland after being appointed preferred bidder by Moray Council. Its building business has also won a £38m contract in Hull and East Riding [...]
Morrisons boss says customers key to survival May 7, 2015 MORRISONS new chief executive David Potts said yesterday that it would take more weeks of listening to customers and staff to understand how to bring the “British underdog” back to life, as it reported a further drop in sales. In his first trading update since taking over the reins in March, Potts said he had [...]