Riether accepts three-match ban November 6, 2013 FOOTBALL: Fulham defender Sascha Riether has been hit with a three-game suspension after accepting a Football Association charge of violent conduct for stamping on Manchester United midfielder Adnan Januzaj.
UK must build 1.5m new homes November 6, 2013 Think tank calls for huge construction drive over next five years THE NEXT government must commit to build 1.5m homes by 2020 to stem an emerging social and economic crisis, according to a report released today. Westminster think tank Policy Exchange has calculated that the UK desperately needs to build 300,000 houses every year between [...]
London must learn from New York’s woes and build more homes November 6, 2013 ONE of the perennial myths about this country is that we are somehow uniquely keen on home-ownership and are culturally averse to renting. That’s nonsense: 70.7 per cent of those who live across the EU’s 27 member states are owner-occupiers, against just 64 per cent (and falling fast) in England and Wales. Having risen from just [...]
Firms name more women to boards but lack execs November 6, 2013 THE UK’S biggest listed firms are making “steady progress” towards hitting 2015 targets to increase the number of women in their boardrooms, but still failing to hire women for executive roles, according to new figures released this morning. The latest report from the Cranfield School of Management shows that women now make up 19 per cent of [...]
What the other papers say this morning – 07 November 2013 November 6, 2013 FINANCIAL TIMES NHS drugs bill frozen for pledge The drug industry has agreed to a near-freeze in the £12bn bill to the NHS of branded medicines over the next five years, in exchange for a political pledge to support increased use of new treatments. The launch of a new Pharmaceutical Price Regulation Scheme (PPRS) yesterday [...]
Eight firms in oil market rigging case revealed November 6, 2013 SHELL, BP, Statoil, Morgan Stanley, Trafigura Beheer, Trafigura, Phibro Trading and Vitol were named as defendants yesterday in a case surrounding accusations of oil market manipulation. Four NYMEX traders have alleged that the North Sea Brent crude oil market has been manipulated by oil majors and trading houses since at least 2002, in a class [...]
World TV sales to droop again November 6, 2013 TV SALES in both advanced and developing economies are on the decline, according to research by IHS released yesterday. The number of TV units shipped in 2013 is due to decline to 226.7m this year, down from 238.2m in 2012. IHS recorded a dip between 2011 and 2012 of seven per cent, down from 255.2m. [...]
Dow Jones hits a record high November 6, 2013 THE DOW JONES yesterday closed at a record high, led by gains in Microsoft and encouraging European economic data. The stock index ended the day up 128.66 points, or 0.82 per cent, at 15,746.88. Microsoft was the biggest gainer on the blue chip Dow index after it was reported the company had narrowed its CEO [...]
Goldman spells out new rules on working hours for its juniors November 6, 2013 GOLDMAN Sachs last night detailed the new rules for its junior employees, aimed at ensuring they work more regular hours. In a memo to remind staff that the so-called ‘Saturday rule’ begins this weekend, junior bankers were told they were “required” to be out of the office from 9pm on Friday until 9am on Sunday. [...]
Mark Carney’s day at the palace November 6, 2013 BANK of England governor Mark Carney visited the Queen yesterday at Buckingham Palace, four months after succeeding Lord King as head of the UK’s central bank. The Bank’s monetary policy committee will finish its November meeting today, with analysts expecting interest rates to stay at 0.5 per cent and the stock of quantitative easing to [...]