KEW MARKS 100 DAYS TO GO TO LONDON 2012 April 18, 2012 OLYMPIC rings formed from flowers were unveiled yesterday at the Royal Botanic Gardens in Kew to mark 100 days until the London 2012 Olympic Games.
Orient sign Samsung shirt deal April 18, 2012 FOOTBALL: Samsung, sponsor of Chelsea, has agreed a one-year deal with League One Leyton Orient. The electronics giant will adorn the front of Os home shirts and back of away jerseys, with EA Sports on the reverse.
Top two progress in Monte Carlo April 18, 2012 TENNIS: Novak Djokovic and Rafael Nadal eased into the Monte Carlo Masters third round, beating Andreas Seppi and Jarkko Nieminen.
EXCLUSIVE: KEN LIVINGSTONE ADMITS HE USES PRIVATE HEALTHCARE April 18, 2012 KEN Livingstone, the Labour candidate to be Mayor of London and a noted opponent of NHS privatisation, uses private healthcare services, City A.M. has learned. A spokesperson for the 66-year-old Livingstone said he uses an “external provider” for annual check-ups, in an admission that is sure to lead to accusations of hypocrisy. “Like many people [...]
Fuel drivers reject deal raising fears national tanker strike will go ahead April 18, 2012 THE THREAT of a national fuel tanker strike reared its head again yesterday when union reps rejected a deal with distribution firms after six days of talks. Unite the union, which has until Friday to call a strike, said the proposal on the table did not go far enough on work standards and security for [...]
Silence of the doves as inflation concerns grow April 18, 2012 AFTER tolerating the UK’s high inflation for years, Bank of England officials have suddenly begun to worry that it is not coming down towards its two per cent target as they had hoped. The Bank had predicted inflation would fall to its target before the end of the year, but deputy governor Paul Tucker yesterday [...]
Why Britain’s productivity disaster is costing workers dear April 18, 2012 ONE of the most important trends of recent years has been the appalling performance of UK productivity, otherwise known as output per worker. This matters hugely: over time, the only way that wages can go up is if workers become more productive, either because they become more skilled or work harder or smarter, or if [...]
WHAT THE OTHER PAPERS SAY THIS MORNING April 18, 2012 FINANCIAL TIMES Ackman plans listing for $4bn fund Pershing Square Capital, the $11bn hedge fund run by high-profile US activist investor Bill Ackman, is planning a $4bn public flotation for a new fund in January 2013. Ackman intends to float the vehicle, which has already been set up in Guernsey and is known as Pershing [...]
Eurozone banks face $2.3 trillion firesale, says IMF April 18, 2012 EUROPEAN banks could be forced into selling off $2.3 trillion worth of assets as they battle to regain investors’ trust, the IMF warned yesterday. The Washington based fund expects EU-based banks to sell almost seven per cent of their total assets – a staggering $2.3 trillion – over the next 20 months as they attempt [...]
Auditing watchdog gets serious April 18, 2012 The national auditing watchdog is considering imposing higher fines based on a percentage of annual turnover, with a similar approach based on total remuneration for punishing individual partners, rather than using past rulings as a benchmark. The Accountancy and Actuarial Discipline Board yesterday unveiled draft guidelines for imposing “credible” fines which are “proportionate to the [...]
