I recreated all my favourite TV tropes, from crawling through pipes to being two kids in a trenchcoat
Intercontinental boosted by Asia and Middle East in third quarter November 5, 2013 INTERCONTINENTAL Hotels Group posted a 3.3 per cent rise in third-quarter revenues yesterday boosted by a strong performance in Asia, Middle East and Africa. The hotelier, which owns the Crowne Plaza, Holiday Inn and InterContinenal brands, had already warned that its key Americas business suffered a slowdown in trading in September, blaming the earlier timing [...]
Travelodge to build six hotels November 5, 2013 BUDGET hotel group Travelodge said yesterday it is to spend £41.5m on building six new hotels across the UK, creating 500 jobs. The company, which came out of a painful restructuring earlier this year, said it has started work on the new hotels including two sites in Greenwich and Raynes Park. These six properties, which [...]
Intu looks for new partner November 5, 2013 SHOPPING centre owner Intu may seek partners to help it fund its £1bn pipeline of projects, and the firm said it was seeing strong demand from retailers as the economy recovers. The group said occupancy in the quarter to 5 November remained at 95 per cent by rent, and that it had signed 57 long-term [...]
Eurozone to see meagre growth in year ahead November 5, 2013 THE EUROZONE economies will grow at a slower speed than previously expected in 2014, according to a forecast yesterday by the European Commission. The euro area is now expected to grow by only 1.1 per cent in 2014, compared to the 1.2 per cent projected in the spring, despite the region’s emergence from a long [...]
British wellbeing took smaller hit from world’s financial crisis November 5, 2013 THE EFFECTS of the financial crisis are still having an impact on peoples’ wellbeing around the world, according to a major study by the Organisation for Economic Co-operation and Development (OECD). The OECD’s report, released yesterday, shows that life satisfaction has fallen in many developed countries, but the UK’s result shows a slight improvement between [...]
Water firms vow to keep bill rises below inflation November 5, 2013 WATER companies yesterday confirmed that they would not be raising prices above the inflation rate next year, after environment secretary Owen Paterson called for the industry to reconsider price hikes. In a letter to all of the major water firms, Paterson said the government is “encouraging water companies to look closely at any price increases, [...]
Bank of England hires Barclays economist to join forecast team November 5, 2013 THE BANK of England said yesterday that it had appointed Barclays’ chief UK economist, Simon Hayes, to head its economic forecasting team. Hayes, who worked at the Bank for eight years before joining Barclays, will be responsible for drafting the central bank’s quarterly economic forecasts and will report to BoE chief economist Spencer Dale. No [...]
Construction in the City reaches five-year high November 5, 2013 BUILDING activity in the City has reached a five-year high thanks to rising developer confidence buoyed by a shortage of prime office space in the Square Mile. Deloitte’s latest London Office Crane Survey released yesterday shows that nine new projects got underway in the third quarter of the year with a combined floor plan of [...]
Shire jumps to record as ADHD drug is used for new disorder November 5, 2013 PHARMACEUTICAL group Shire yesterday said Vyvanse, its amphetamine-based drug prescribed to US students to control ADHD, had also been successful in treating the newly-recognised binge eating disorder (BED) in a trial. Shares in the London-listed firm rose to an all-time high after it said the drug was superior to a placebo in reducing the number [...]
Primary Health completes £70m 12-year bond as rent roll rises November 5, 2013 PRIMARY Health Properties said yesterday it has completed the raising of a floating rate £70m bond as it reported strong occupancy and rents in the third quarter of the year. The company, which buys primary health care premises and leases them back to NHS doctor surgeries, said the 12-year bond was raised at a margin [...]