EasyJet and Aer Lingus enjoy rise in low-cost air customers July 5, 2012 EASYJET carried almost a tenth more passengers in June compared to a year ago, figures out yesterday showed. The low-cost airline said it took 5.43m passengers last month, up 9.7 per cent on June 2011, while its load factor, a measure of how full its flights are, jumped 1.6 percentage points to 89.9 per cent. [...]
Babcock sees stable trading July 5, 2012 ENGINEERING support services group Babcock yesterday said it was trading in line with expectations, helped by cost-cutting and clients outsourcing more work. Babcock said that its order book was stable at around £13bn. Meanwhile 80 per cent of revenue expected in 2012/2013 is already contracted, it said. It added that it was pursuing new contracts [...]
LONDON 2012 IMAGE OF THE WEEK July 5, 2012 THE Olympic canoe slalom course at the Lee Valley White Water Centre was the focus of attention this week, as athletes from 30 national teams tested the venue. Built on a 10,000 square metre lake, the slalom pumps out 13 cubic metres of water each second. Between now and the start of the Olympics, City [...]
RBS withdraws from Tibor panel July 5, 2012 RBS yesterday said it had withdrawn from the panels that set Tibor – the Japanese equivalent of Libor. RBS said the move was part of a strategic decision taken by chief executive Stephen Hester to rationalise its markets business. Despite the move, RBS said that it “remained committed” to the Japanese market.
Ticket price rises boost Cineworld July 5, 2012 Cineworld yesterday reported a 1.1 per cent rise in first-half revenues, boosted by a 4.1 per cent growth in box office income due to ticket price increases despite lower sales. Other income fell 18.7 per cent due to lower sales of 3D glasses, the booking fee removal and reduced ad revenues.
McBride trading hitting forecasts July 5, 2012 McBride said yesterday it expects its profit for the year just ended to hit forecasts. The provider of private label household and personal care products forecast full-year revenue growth of one per cent. Net debt at the end of the year should be in line with the board’s expectations at around £82m, it said in [...]
Westfield Group raises £450m July 5, 2012 Westfield Group, which owns London’s Shepherd’s Bush and Stratford shopping centres, yesterday raised £450m with the issuance of a 10-year sterling bond. The Australian firm is expected to use part of the money raised to pay down some of its UK debts, as well as fund new investments.
Murray: It’s time to reach my first Wimbledon final July 5, 2012 BRITISH No1 Andy Murray is adamant that nothing short of reaching his first Wimbledon final will suffice as he heads into today’s crucial semi-final showdown against Jo-Wilfried Tsonga of France. Any potential victory would make Murray the first British male to reach the All England Club’s showpiece since Henry Wilfried Austin in 1938, and though [...]
Board blamed over Van Persie exit bombshell July 5, 2012 ARSENAL’S billionaire shareholder Alisher Usmanov lashed out at the club’s board yesterday, accusing the directors of being culpable for the apparently imminent departure of captain Robin van Persie. Majority shareholder Stan Kroenke is committed to Arsenal’s so-called self-sustainability model of only investing revenues raised through the club’s activities. Yet Usmanov said that he and Kroenke [...]
Goal-line technology set for imminent Premier League use July 5, 2012 PREMIER League football finally appears to be set to benefit from the introduction of goal-line technology after its introduction was finally approved of by football’s law makers, the International Football Association Board. World football’s governing body Fifa is satisfied that two separate systems – Hawk-Eye and GoalRef – fulfill the necessary criteria, and after their [...]
