What the other papers say this morning – 06 September 2013 September 5, 2013 FINANCIAL TIMES Acxiom under transparency fire An effort to bring transparency to the shadowy world of consumer data brokers has backfired, as privacy advocates slam industry leader Acxiom for a new service that for the first time lets consumers glimpse what it knows about them. “Secrecy is never a good strategy,” Scott Howe, chief executive [...]
Network Rail picks Shell man as its new boss September 5, 2013 A VETERAN of the oil industry will be the next boss of Network Rail, the manager of Britain’s railways said yesterday. Mark Carne, who spent more than 20 years at Shell, will replace Sir David Higgins on 1 April 2014. He joins as the group starts a five-year, £40bn spending round and battles lingering problems [...]
Japanese brewer in talks to buy Glaxo’s Ribena and Lucozade September 5, 2013 JAPANESE group Suntory Beverage & Food is in advanced talks to buy Lucozade and Ribena from pharmaceuticals giant GlaxoSmithKline (GSK). A person close to the company told City A.M. that the two drinks brands are likely to be sold for between £1bn to £1.5bn and that a deal could be completed within days. However, the [...]
Market turmoil and Syrian strike could hit sale of Lloyds shares September 5, 2013 THE SALE of the government’s stake in Lloyds could be delayed by market turmoil caused by tapering at the Federal Reserve or by action in Syria, City A.M. understands. The combination of market turmoil potentially hitting the share price and the distraction of political attention from the bank could both have an impact. UK Financial [...]
Car registrations rev up ahead of busiest month September 5, 2013 NEW CAR registrations continued to climb in August, marking the 18th straight month in which registrations have risen, according to the Society of Motor Manufacturers and Traders (SMMT). The number of new cars registered was up 10.9 per cent on August last year, and 10.4 per cent more cars have been registered in the eight [...]
£650m Google campus given final approval September 5, 2013 A SWIMMING pool and running track are both features of Google’s new £650m UK headquarters that was granted final approval by Camden Borough Council yesterday. At 924,000 square feet and 300 metres long – as long as the Shard is tall – it will be the longest known commercial building. The campus will also include, [...]
Yahoo unveils logo redesign as the company’s fortunes return September 5, 2013 YAHOO, the once struggling online services company, continued its turnaround today with a corporate makeover, in the form of a redesigned logo. Yahoo’s share price has risen 83 per cent since new chief executive Marissa Mayer joined the company last July, kickstarting a turnaround of the company’s fortunes. “We hadn’t updated our logo in 18 [...]
Visas should be relaxed for entrepreneurs September 5, 2013 WIKIPEDIA founder Jimmy Wales has called on the government to make the capital more enticing to entrepreneurs by changing the rules on their visas. “I think we could go much further with [the entrepreneur visa], make it easier to get, make it possible to bring in more people. Those kind of things are quite critical,” [...]
Number of first time buyers up by 45 per cent September 5, 2013 THE NUMBER of first time buyers has swelled as the housing market begins to rebound, with LSL Property Services suggesting a 45 per cent increase in the 12 months to July. There were 26,100 people buying homes for the first time in July, up by over 8,000 through the year, with LSL’s figures suggesting that [...]
Gun firm Smith & Wesson hurt by factory shift September 5, 2013 GUNMAKER Smith & Wesson Holding last night forecast current-quarter results below analysts’ estimates as it expects to lose several days of production, sending its shares down more than four per cent in extended trading. The company, which reported a higher profit for the first quarter, said it expects second-quarter income from continuing operations of 20 [...]