Letters to the Editor – 25/06 – Mansion taxes, Best of Twitter June 24, 2014 Mansion taxes [Re: Balls unveils mansion tax and promises to hit the rich hardest, yesterday] While I agree that the purchaser of the £140m flat in Westminster ought to pay more tax than the inhabitants of an average-value property in the area, I disagree with the arguments put forth by Ed Balls regarding his mansion [...]
Social media: The new talent spotter June 24, 2014 Social media has already transformed the way we communicate, and it is now beginning to change the way we work. Enterprise social networks, such as Yammer and Chatter, have created an internal business role for social media, influencing how organisations interact, and how they share and develop ideas. These tools can be instrumental in harnessing [...]
World Cup in brief June 24, 2014 Spain plane struck by lightning SPAIN suffered another shock following their first-round elimination when the plane carrying the squad home was hit by lightning yesterday. The Iberia flight to Madrid was struck shortly before landing and nobody was hurt. Spain, who arrived in Brazil as one of the favourites having won their last three major [...]
Saracens sign Western Force prop June 24, 2014 RUGBY UNION: Saracens have signed Australian prop Kieran Longbottom from Super Rugby side Western Force. The 28-year-old is also eligible to play for England.
Godolphin’s Crisford goes it alone June 24, 2014 HORSE RACING: Former Godolphin racing manager Simon Crisford is to set up his own training business. Crisford, 52, will rent stables from Newmarket-based trainer Clive Brittain.
What the other papers say this morning – 24 June 2014 June 23, 2014 FINANCIAL TIMES Labour to take on outsourcing groups Labour will mount an assault on big outsourcing companies if it wins the election, reducing their role in delivering the government’s back-to-work programme and exploring a plan to force them to pay all workers above the minimum wage in exchange for Whitehall contracts. The proposals are the [...]
More TSB shares sold on flotation June 23, 2014 An additional 3.5 per cent of TSB is up for sale as part of the bank’s flotation, after its parent Lloyds successfully sold 35 per cent on Friday. The over-allotment takes place in initial public offerings when the share price rises – and TSB’s rose by around 13 per cent on its first day of [...]
Wheatley’s law firm announced June 23, 2014 Chief financial regulator Martin Wheatley will be advised by law firm Kingsley Napley in the upcoming investigation over a bungled announcement by Financial Conduct Authority (FCA), according to sources close to the issue. The firm will be representing Wheatley and other top FCA staff, with the watchdog picking up the legal bills. Insurance firms were [...]
Fitch slashes Tesco credit rating June 23, 2014 Tesco came under renewed pressure yesterday after Fitch downgraded the troubled supermarket’s credit rating amid growing competition in its home market. Fitch said it has cut its rating from BBB+ to BBB, citing increasing competition from the hard discounters Aldi and Lidl and the mounting price war among the big four grocers. The downgrades comes [...]
Asos share price: Retailer shrugs off warehouse fire as website reopens June 23, 2014 Asos shares rose two per cent yesterday as the online fashion retailer reassured investors and said it had resumed taking orders following a fire at its main warehouse this weekend. The fire at its Barnsley warehouse in South Yorkshire on Friday night forced the company to suspend its website over the weekend and sparked fears [...]