National Union of Teachers votes for another day of school strikes April 21, 2014 THE National Union of Teachers has voted for a strike that could close schools in England and Wales in the week beginning 23 June. The union’s conference in Brighton also agreed to consult teachers on further action in the autumn term. The strikes are part of a bitter campaign over teachers’ pay, pensions and workload. [...]
Boston stays strong for Marathon April 21, 2014 THE Boston Marathon was yesterday won by an American male runner for the first time in three decades, an emotional performance in a city still recovering from last year’s fatal bomb attack on the 118-year-old race. Meb Keflezighi, born in Eritrea but now a US citizen, held off a late challenge by Kenya’s Wilson Chebet [...]
Cost of moving in London soars above £20,000 April 21, 2014 LONDONERS are shelling out over £20,000 on average to move house, according to research released this weekend, with the cost of moving rising by nearly £3,000 between 2012 and 2013 alone. The report by Lloyds Bank shows that the average cost of moving house in London ran to £20,825 in 2013, more than double the [...]
Heavyweight financiers kickstart hedge fund run by Soros alumni April 21, 2014 TWO ex-Soros Fund Management bosses yesterday unveiled one of Asia’s biggest start-up hedge funds, after clinching $150m (£89.3m) of financial backing. Kenneth Lee and Michael Yoshino – who worked at the firm founded by legendary investor George Soros – will launch Pleiad Investment Advisors this summer after being given cash by HS Group, a new [...]
The Woolf in Mayor’s clothing speaks out April 21, 2014 The Lord Mayor of the City of London tells Elizabeth Fournier how her historic role puts her right at the heart of UK plc THERE’S no such thing as a typical day in the life of the Lord Mayor of the City of London. On the morning that I meet the incumbent Fiona Woolf in [...]
Shale to boost jobs across the supply chain April 21, 2014 THE UK’S burgeoning shale gas industry will create tens of thousands of jobs and billions of pounds worth of investment across the supply chain, according to a new report set to be published this week. The study, commissioned by the UK Onshore Operators Group and undertaken by EY, is expected to warn that the country [...]
Primark to lift profit at AB Foods April 21, 2014 ASSOCIATED British Foods’ (ABF) booming high street chain Primark is expected to reveal a 21 per cent jump in first half operating profits this week, helping to offset falling profits at its troubled sugar business. The FTSE 100 owner Twinings tea and Kingsmill bread, which will report its half year results tomorrow, guided in February [...]
My Little Pony sales help Hasbro show a jump in quarterly profits April 21, 2014 MY LITTLE Pony and other toys aimed at girls have helped Hasbro beat profit forecasts in the first three months of the year. The 31-year-old pony franchise pushed revenues from girls’ toys up by more than a fifth to $138.7m (£82.5m), the US company said yesterday. The fortunes of My Little Pony contrast with those [...]
Taxman ramps up probes into gift aid claims April 21, 2014 HM Revenue & Customs probed more than a thousand charities for their gift aid tax relief claims in the last financial year, double the number it examined in 2011-12, according to figures out today. The taxman looked into 1,057 claims compared to 510 in the previous year, statistics published by accountancy firm Wilkins Kennedy showed. [...]
Government appoints female MP to lead women in enterprise April 21, 2014 THE government has appointed Lorely Burt MP as its women in enterprise champion, a new position in the Department for Business, Innovation and Skills. Burt, who set up and ran her own business before becoming an MP, will help boost the number of female entrepreneurs in the UK, by explaining the help available to start [...]
