BBC’s James Max to advise BNP Paribas January 16, 2014 BBC presenter James Max is to be appointed as a senior advisory director for business development at BNP Paribas Real Estate. Max currently presents weekday Early Breakfast on BBC London 94.9. Prior to his media career, he spent 15 years working in property, finance and investment.
Euro inflation slows further January 16, 2014 CORE inflation in the Euro area is at the lowest level in the region’s history, with 0.7 per cent price growth in December 2012. The headline figure for the bloc’s consumer price inflation last month was 0.8 per cent, but the core number that excludes volatile items dropped to the lowest in the single currency’s [...]
Grim year for EU car sales January 16, 2014 CAR sales in the EU crumbled to their lowest level in nearly two decades during 2013, as the currency union’s economic stagnation hit the automotive industry hard. Only 11.85m new cars were registered last year, a 1.7 per cent drop from 2012, the sixth year of contraction. Figures from the European Automobile Manufacturers’ Association were [...]
Boris insists an estuary airport has the X Factor January 16, 2014 THE MAYOR of London’s aviation adviser yesterday criticised the airports commission for making decisions like a judging panel on the X Factor. Daniel Moylan also complained Sir Howard Davies and his team were keeping City Hall out of the loop on an issue that could change the face of London. “They have treated the mayor [...]
Private healthcare companies told to sell off nine hospitals January 16, 2014 TWO PRIVATE healthcare firms have been ordered to sell off nine hospitals in a bid to improve competition and cut prices, which one lawyer described as “draconian”. The Competition Commission said HCA should dispose of London Bridge and Princess Grace hospitals, while BMI has been told to sell seven sites across the country. “Requiring operators [...]
UK’s largest debt placement firm TDX sold to Equifax for £200m January 16, 2014 TDX GROUP, the UK’s largest debt placement services and debt management platform company, has been sold to US-listed Equifax for £200m. Investcorp, TDX’s largest institutional shareholder, announced the sale of its stake and those of TDX’s three founders yesterday. Founded in 2004 and headquartered in Nottingham, TDX employs approximately 345 people globally. TDX provides businesses [...]
Ecclestone to face German bribery charges January 16, 2014 FORMULA One’s Bernie Ecclestone will stand trial on bribery charges in Munich in late April over the sale of a stake in his multi-billion dollar sport, a German court said yesterday. Ecclestone has denied wrongdoing and said he will fight to clear his name. He stepped down from his chief executive role but will remain [...]
UK banks risk financial meltdown if the long-term IT crisis remains unresolved January 16, 2014 ON THE busiest online shopping day of 2013, Cyber Monday, RBS faced an embarrassing IT system outage that left more than 1m customers unable to access their accounts for three hours. This wasn’t the first time. In 2012, an IT meltdown at RBS and its subsidiaries locked 17m customers out of their accounts for days, [...]
The Long View: Our digital technologies prove that freedom is more than just a rallying cry January 16, 2014 FREEDOM isn’t just a rallying call, it is a practical way to transform the world for the better. Letting people make their own choices scorns the arrogance of narrow elites, preferring instead the riches found in every individual’s contribution. That seismic shift opens huge, untapped reserves of human potential. And since it starts by recognising [...]
Letters to the Editor – 17/01 – Readers respond to our criticism of France’s failed socialist experiment January 16, 2014 Although I now live in China, I worked in France for 26 years, and have a lot of affection for the country and its people. Like Allister Heath, I feel sad to see the country going down the drain because it cannot rid itself of socialist dogma. The problem is that France is paralysed by [...]
