SNP support up in Scotland June 9, 2015 A NEW poll has found record support for the Scottish National Party, as Labour continues to lose its grip north of the border. Sixty per cent of committed voters polled by TNS said they would back the SNP in next year’s Scottish parliament elections, 10 percentage points higher than the share who backed the SNP [...]
Trade union delegates boo Labour leader candidate Andy Burnham in Dublin June 9, 2015 Labour leadership hopeful Andy Burnham faced a tough crowd in Dublin yesterday, where he was booed by trade union delegates. Burnham – who is widely seen as the favourite in a field that includes Yvette Cooper, Liz Kendall, Mary Creagh and Jeremy Corbyn – was participating in a GMB hustings event with his fellow candidates [...]
Graduate job market booming as jobless rate drops to 2007 levels June 9, 2015 Graduates are finding it easier to find employment, figures published yesterday by the Department for Business, Innovation and Skills reveal. Meanwhile, those who complete post-graduate degrees are set to earn nearly twice as much on average as those who opt not to go university. The employment rate for working age graduates was 87.5 [...]
Deutsche Bank’s Renaissance man: John Cryan is a cultured accountant ready to take on his biggest challenge June 9, 2015 With an encyclopedic knowledge of Mozart and a finely honed understanding of fine wine, Deutsche Bank’s new British boss John Cryan is a far cry from the masters of the universe-type banker. Cryan’s appointment at the top of Germany’s financial establishment has cast the spotlight on a man who, until Sunday, had worked in positions [...]
Old Mutual to sell stake in US asset manager June 9, 2015 OLD MUTUAL is preparing to sell a further stake in OM Asset Management (OMAM), the boutique asset manager it spun off in a float on the New York Stock Exchange last year. The Anglo-South African investment, savings, insurance and banking group, which is listed on the FTSE 100, yesterday said it would use the proceeds [...]
Wimbledon set to serve up aces June 9, 2015 WASH your whites and let out your waistbands; Wimbledon 2015 is just over three weeks away. Fans are gearing up for the party of the year and to cheer dour Brit Andy Murray to victory. Wimbledon is the largest annual sporting catering operation in Europe. Whether you’re just coming for the finals or staying for [...]
One in five Plus500 customers restart trading after crackdown June 9, 2015 TROUBLED spreadbetter Plus500 yesterday said one in five customer who had their accounts frozen in the wake of a regulatory crackdown had restarted trading. The company, currently a takeover target of Playtech, said 23,000 customers had logged onto their accounts since the Financial Conduct Authority (FCA) forced the company to freeze accounts and stop taking [...]
Lessons learned as final parcel of Royal Mail goes on sale June 9, 2015 Last week chancellor George Osborne announced that the government will sell off its remaining 30 per cent stake in Royal Mail, meaning the company will become completely private. There is no immediate timeline for the sale. Currently the market value of the shares is around £1.5bn. Osborne was forthright in saying the transaction would [...]
Vedanta Resources jumps after firm signals deal is in the works June 9, 2015 COMMODITIES producer Vedanta Resources yesterday signalled that it is considering a deal between two of its subsidiaries, Cairn India and Vedanta Limited. In a response to press speculation, the company said that any potential transaction with Cairn would be considered a reverse takeover. The group has been planning to combine Cairn, its oil and gas [...]
The city’s centre of hope June 9, 2015 Help us to raise £1m for Maggie’s Centre at Barts hospital and bring vital cancer care to the City of London CITY A.M. is committed to raising £1m to help cancer charity Maggie’s bring vital cancer support to the City of London. The money will help Maggie’s professionally qualified staff deliver the charity’s unique programme [...]