The Crime Lord: Peter Capaldi on the manosphere, London and rocking out with his band as he approaches 70
Met chief denies he is to be sacked September 5, 2008 Sir Ian Blair denied rumours he will be axed as Metropolitan Police chief in a statement given yesterday outside Scotland Yard’s headquarters. Newspaper reports said ministers and other police chiefs were secretly planning to remove Blair, who has been dogged by controversy since taking over as chief in February 2005. The first action would be [...]
Boeing’s largest union votes to strike over pay and health benefits September 5, 2008 The largest union of American plane maker Boeing has rejected a new contract over pay and conditions, giving the management 48 hours to improve the deal or face a damaging strike. The International Association of Machinists and Aerospace Workers said in Seattle last night that 80 per cent of the voters opposed the contract and [...]
Aviva cuts final payout for Norwich Union policy holders by 10 per cent September 5, 2008 Norwich Union, part of giant British insurance group Aviva, will slash its final policy payout by 10 per cent, in a move that will affect 2.4m policyholders. Norwich said yesterday its terminal bonuses would be cut by as much as 10 per cent after its funds were hit by faltering stock markets, commercial property and [...]
Co-founder of RAB stands aside as CEO September 5, 2008 Philp Richards, the co-founder of troubled hedge fund RAB Capital, is stepping down as chief executive to focus exclusively on its special situations fund. RAB shares have plunged 37 per cent in the last six months after being hit by a series of bad investments – including a significant shareholding in beleaguered Northern Rock– and [...]
Informa says no to revised cut-price bid September 5, 2008 Informa last night rejected a cut-price bid from a private equity consortium, led by Providence, slamming the 450p a share offer as “significantly undervaluing” the publisher. City A.M.’s exclusive revelation yesterday that the consortium had slashed its initial bid by more than 10 per cent to 450p a share caused a stir in the financial [...]
Palin silences critics with first speech September 4, 2008 Republican running mate Sarah Palin fought back at her critics in her first key address to the Republican National Convention last night. Her speech came as Republican US presidential candidate John McCain slammed the media for questioning the way his running mate Sarah Palin’s candidacy was vetted, following shock revelations that Palin’s 17-yearold unmarried daughter [...]
Punch scraps its dividend as declining beer sales hit September 4, 2008 Pubs group Punch Taverns is scrapping its dividend, the group said yesterday. The move comes in the wake of reports of declining sales, which led to a plunge in the company’s share price. Punch shares closed down 12 per cent at 278.25p. Punch Taverns said the move was prudent given the “challenging market conditions”. The [...]
Women must wait 73 years for job equality September 4, 2008 Representation of female bosses in the FTSE 100 has increased slightly – to 11 per cent – since last year, the newly launched “Sex and Power” report from the Human Rights Commission revealed yesterday. However, women will still be “waiting in the wings” for an estimated 73 years to achieve equal status to their male [...]
Providence slashes bid for Informa September 4, 2008 The private equity consortium is no longer prepared to pay as much for the UK firm Crumbling markets have led the private equity consortium circling Informa to slash its offer for the publisher, as another potential bidder dropped out of the race. The group led by Providence Equity Partners made an indicative offer of 506p [...]
Brown’s £1bn home market rescue gets a cool response September 3, 2008 Critics have rounded on prime minister Gordon Brown’s housing market rescue package saying it will do little to reverse the worst housing slump in 18 years. From today the government has scrapped stamp duty for a year on homes worth less than £175,000 as part of a package of measures designed to revitalise the flagging [...]
