Unbeaten tons for Cook and Bell April 14, 2014 CRICKET: England captain Alastair Cook and Test colleague Ian Bell both scored unbeaten centuries yesterday in the County Championship. Cook hit 139 as Essex built a 237-run lead over Derbyshire, while Bell’s 144 helped Warwickshire lead Sussex by 245.
Kiev strikes back in East Ukraine April 14, 2014 THE UKRAINIAN government has launched a full-scale anti-terrorist operation in the country, after pro-Russian forces moved into half a dozen towns in eastern Ukraine. The town of Slaviansk saw a reported gun battle yesterday, with at least one Ukrainian soldier and one pro-Russian fighter killed in the violent clashes. Others were said to have been [...]
World’s biggest fund manager warns UK firms April 14, 2014 LARRY Fink, the founder and boss of BlackRock – which controls $4 trillion (£2.4 trillion) – has urged UK firms on the fund manager’s books to invest in capital expenditure to boost long-term growth. Fink, who founded the fund management behemoth in 1988, has written an open letter to FTSE-listed businesses that BlackRock invests in [...]
Average London house price to top £700,000 by 2020 April 14, 2014 LONDON house prices are set to rise 54 per cent over the next six years, leaving the rest of the UK’s property market even further behind, new research claims. A typical home in the capital will be worth more than £700,000 in 2020, according to the Centre for Economics and Business Research (CEBR). This rapid [...]
London leading Britain’s GDP growth comeback April 14, 2014 EVERY region in the UK is growing strongly, with London the driving force, an influential survey published by Lloyds shows today. Sustained growth across the country is driven by rising demand as consumers order more output from businesses. And as a result, the study found firms are hiring more staff which should in turn support [...]
The recovery is being driven by a revolution in the jobs market April 14, 2014 ON the face of it at least, all is going swimmingly well for the British economy. The best news continues to be on jobs, but GDP is also powering ahead, pay is growing on some measures and falling far less rapidly on others, and a more confident attitude is becoming increasingly entrenched across British boardrooms. [...]
Britain one of best at cutting tax for workers April 14, 2014 BRITAIN is cutting income taxes faster than almost any other advanced nation, figures from the Organisation for Economic Co-operation and Development (OECD) showed over the weekend. Tax rates in the UK fell by 0.6 percentage points in 2012-13, the third-largest cut across the 34 countries studied. The only bigger falls in income taxes came in [...]
Lagarde mulls ending central bank freedom April 14, 2014 CENTRAL banks are gaining so many new powers that it is time to consider ending their independence from government control, International Monetary Fund (IMF) boss Christine Lagarde indicated yesterday. This would represent a major shift in central banking, which has been given credibility by its freedom from politicians since – in the UK’s case – [...]
What the other papers say this morning – 14 April 2014 April 14, 2014 FINANCIAL TIMES UK watchdog targets bankers Wayward UK bankers risk increasingly large fines as the amount of individual penalties levied by the country’s financial watchdog has increased 76 per cent over the past two years. The Financial Conduct Authority and its predecessor meted out fines totalling £35.5m on individuals in 2012 and 2013, compared with [...]
Companies turn away from tax avoidance plans April 14, 2014 THE TAXMAN suspects Britain’s biggest companies of underpaying taxes to the tune of £18.8bn in the last year, though this figure is down 12 per cent on the previous year in a sign that firms are being less aggressive with their financial planning. Figures from HM Revenue & Customs show that suspected underpayments or “tax [...]
