Greece edges closer to sealing bailout package August 11, 2015 GREEK finance minister Euclid Tsakalotos is optimistic the country will reach a deal with its creditors in time to meet a debt repayment next month, despite the prospect of stricter conditions. “I don’t know if it will be tomorrow morning, but soon means soon,” Tsakalotos told reporters yesterday after two days of negotiations. Germany yesterday [...]
Google name change to Alphabet shocks Wall Street August 11, 2015 Google stunned investors last night by unveiling a radical restructuring that will see it become part of a holding company named Alphabet. Shares in the global tech giant jumped in after-hours trading after co-founder Larry Page published a blog post detailing the new plans. The move is designed to differentiate between Google’s core [...]
Yaya Toure at the double as Manchester City sound title warning August 11, 2015 Bullish Manchester City skipper Vincent Kompany insisted that his side have a point to prove this season after starting their campaign with a crushing defeat of West Brom last night. Read more: English clubs have spent over £20m on agents' fees this summer Kompany sealed City’s victory, which immediately fired Manuel Pellegrini’s charges to [...]
Tories go after employers of illegal migrants August 10, 2015 IMMIGRATION officers are set to crack down on employers giving jobs to illegal migrants, as the government faces mounting pressure over its handling of the migrant crisis in Calais. Immigration minister James Brokenshire said yesterday: “Rogue employers who give jobs to illegal migrants are denying work to UK citizens and legal migrants and helping drive [...]
Landslide victory predicted for Labour leader candidate Jeremy Corbyn August 10, 2015 Jeremy Corbyn is set to ease to victory in the contest for Labour leadership, a new poll reveals. The hard-left Islington North MP can expect 53 per cent of the vote, 32 points ahead of his nearest rival. In second place was health secretary Andy Burnham, who was far behind at 21 per cent, according to [...]
Sales of video games help boost dwindling entertainment market August 10, 2015 CONSUMERS still buying video games on the high street helped provide a welcome boost to the physical entertainment market in the last quarter and stem the rate of decline. Figures released yesterday by Kantar Worldpanel show that the physical entertainment market – sales of CDs, DVDs and games – shrank by three per cent in [...]
Gresham Computing prospers in wake of Clareti software boom August 10, 2015 GRESHAM Computing, which makes software for investment banks, yesterday said strong sales of flagship product Clareti Transaction Control (CTC) had propelled a jump in revenue. Total revenues were £7.1m for the half year, up from £6.4m last year, bolstered by group software sales rising 38 per cent. CTC sales rose 247 per cent alone, accounting [...]
Meggitt ties up $200m deal with Cobham August 10, 2015 DEFENCE firm Meggitt announced yesterday it was buying composites business worth $200m (£128m) from Cobham . Cobham’s sale of its advanced composites businesses follows its sales of Weinschel and Inmet to API technologies for $80m in June as part of an ongoing move to streamline its business. Meggitt is funding the purchase of the components [...]
London airports see record footfall as long-haul flights double intake August 10, 2015 London airports have reported record footfall for July, as an increase in long-haul flight bookings mean that Stansted and Gatwick have both seen record passenger numbers. The results put Gatwick ten years ahead of forecasts from the Airports Commission, with 4.3m passengers passing through the airport in July. Gatwick chief Stewart Windgate said the results [...]
Capita to sell dental insurer NDP to US-based Unum in £32m deal August 10, 2015 CAPITA has agreed to sell dental insurance provider National Dental Plan (NDP), to Unum Group for £31.7m in cash, the FTSE 100 outsourcer said yesterday. NDP provides dental insurance through the workplace to over 500 major firms and 150,000 insured employees. It was acquired by Capita in 2010 for £30m. The sale, which is still [...]
