NEED TO KNOW | AREA INSIGHT April 26, 2012 WHERE IT IS Ascot is a village in Berkshire, technically within the civil parish of Sunninghill and Ascot. The region is divided into Ascot itself, North and and South Ascot. SCHOOLS The schools in Ascot are good and some are rather smart – particularly the girls schools. Of these, St Mary’s Ascot, a Catholic all [...]
FOCUS ON: ASCOT April 26, 2012 EASTWAYS Price: £4.95m A spacious seven bedroom home set in landscaped gardens overlooking Sunningdale Golf Course. It features a library, drawing room, breakfast room and utility room as well as a cinema room. Also has a triple garage. Contact Knight Frank on 01344 642 732 TWO CEDARS Price: £1.38m Five bedroom house located in the [...]
Stamp duty woes: selling up and a renovations business April 26, 2012 DIRECTOR, KAY & CO Q My property is currently on the market at £2.15m. I had accepted an offer of £2.05m but unfortunately the recent stamp duty increase caused the sale to fall through and I have not had much interest since. I have found somewhere else that I want to buy and do not [...]
Murdoch claims victim status in hacking crisis April 26, 2012 RUPERT Murdoch yesterday claimed senior staff at the News of the World (NotW) deliberately covered up phone hacking from News Corp executives. Appearing before the Leveson inquiry for the second day, Murdoch said the cover up during the phone-hacking scandal emanated from the Sunday tabloid. He said, “I do blame one or two people for [...]
WHAT RUPERT MURDOCH SAID: BEST OF THE REST April 26, 2012 ● [The News of the World] was interested in coverage of celebrities, yes. Salacious gossip? Certainly not. ● Spreading myths about Murdochs has become an industry, which I hope the Leveson inquiry will put to bed. ● I may not be able to know what every journalist is writing, but it is certainly the duty [...]
Hunt’s top civil servant clams up over emails April 26, 2012 JEREMY Hunt’s top civil servant yesterday refused to back the culture secretary’s version of events during his oversight of News Corp’s bid for BSkyB. Permanent secretary Jonathan Stephens shirked at least ten questions when he appeared before the public accounts committee, batting away queries on his knowledge of adviser Adam Smith’s communications with News Corp. [...]
Shell earnings rise fuelled by oil price jump April 26, 2012 OIL major Royal Dutch Shell beat forecasts yesterday with an 11 per cent rise in quarterly profit, fuelled by higher oil prices. Europe’s largest oil company by market capitalisation said its current cost of supply (CCS) net income – an industry measure of profit – jumped to $7.66bn (£4.7bn). Production lifted by 1.4 per cent [...]
Invesco profits push up dividend April 26, 2012 FUND manager Invesco yesterday announced that profits were up nine per cent for the first-quarter, bolstered by new business and rising stock markets. Net income at the American firm was $193.9m (£119m), up from $177.5m for the same period a year earlier. Investors – who have already seen shares gain 22 per cent so far this [...]
IS SHELL’S STRATEGY WORKING AND WHAT IS THE OUTLOOK FOR 2012? April 26, 2012 TONY SHEPARD | CHARLES STANLEY We expect outperformance to continue providing Shell delivers on its growth strategy. The increased guidance on disposals should be well received and will help to pay for the $1.8bn bid for Cove Energy. STUART JOYNER | INVESTEC Shell’s results were better than expected. Refining continues to be a drag, with [...]
Exxon sees 5pc drop in oil and gas production April 26, 2012 EXXON Mobil yesterday posted a lower first-quarter profit as its oil and natural gas production slumped more than five per cent, pushing its shares down. The company said in March its oil and gas output would be down about three per cent this year from 2011, but several large projects due on line would increase [...]