Lloyds: 40pc of our top managers will be women in 2020 February 3, 2014 LLOYDS will hire 600 more female managers over the next six years, the bank’s chief will promise in a speech tomorrow. Antonio Horta Osorio will commit to ensuring 40 per cent of senior staff are female by 2020. Currently 28 per cent of the bank’s 5,000 senior staff are female, equating to 1,400 employees. The [...]
Last-ditch talks as commuters face Tube strike February 3, 2014 UNION officials and Tube bosses will meet today for last-ditch talks to avoid a crippling two-day strike on the Underground this week. Transport for London has warned that all Tube lines will face disruption starting at around 9.30pm tomorrow if the two sides fail to agree a truce. Talks will resume today at the dispute [...]
Dip in confidence reveals risks to economic growth February 3, 2014 CONSUMER confidence dropped slightly in the fourth quarter of last year, adding a gloomier edge to a UK recovery which has so far been driven by an increase in consumer spending, according to figures released by Nielsen today. The UK’s confidence level fell from a score of 87 to 84, with any number above 100 [...]
Britain’s consumers still have dangerously high levels of debt February 3, 2014 BRITAIN’S economic debate has moved on. A year ago, commentators were obsessed with whether austerity was good or bad for growth; today, with GDP roaring ahead, the big divide is between those who believe that the UK’s economic recovery is unbalanced and those who believe it will eventually turn out to be just fine. One [...]
No more cash fares on buses February 3, 2014 London buses will stop taking cash payments from this summer, Transport for London said yesterday. Around one per cent of bus journeys are paid for in cash, with the rest using Oyster cards and contactless bank cards, TfL said. The decision, which follows a trial last year, will save TfL an estimated £24m a year. [...]
Super Bowl ads bring in big money February 3, 2014 Advertisers including Volkswagen and SodaStream reportedly paid an average of $4m (£2.4m) for a prized 30-second slot during last night’s US Super Bowl XLVIII event broadcast on Fox. More than 100m viewers are estimated to have tuned in to watch the American football match between the Denver Broncos and the Seattle Seahawks held at the [...]
Rajoy says tax will drop gradually February 3, 2014 A tax reform due to be announced in the first quarter will bring about the gradual reduction of tax rates in Spain over the coming years, Prime Minister Mariano Rajoy said in a speech yesterday to a national convention of the ruling People’s Party. The right-wing of his conservative party has been unhappy with Rajoy’s [...]
What the other papers say this morning – 03 February 2014 February 3, 2014 FINANCIAL TIMES Spain will not interfere on Scotland Spain has no intention of interfering in Scotland’s push for independence and is willing to consider an eventual Scottish application to join the EU as a separate state, the foreign minister said in remarks that will bolster the nationalist campaign. Madrid has long been among the most [...]
City jobs market bouncing back as economy lifts February 3, 2014 THE CITY jobs market is at last recovering from the crash, a series of recruiters said today, with “business as usual” positions being created. January saw the creation of 3,350 new jobs according to recruiters Astbury Marsden, up 34 per cent on the same month a year ago and the largest number in 18 months. [...]
Former BP man to keep watch on major government projects February 3, 2014 A FORMER BP executive has been drafted in to lead the government group keeping tabs on High Speed 2 and other big building work. John Manzoni, most recently head of Talisman Energy, will take over the Major Projects Authority and its mandate to tackle poor project management in the public sector. The MPA, set up [...]
