General Election 2015 results: Only David Cameron can lead Britain now – Editor’s Letter May 7, 2015 Back in 1992, when the Conservatives denied the polls to snatch victory from the jaws of defeat, the May number one hit was Please Don’t Go. If the astonishing exit poll is right, Britain has echoed its sentiment again, calling on Cameron to stay in Number 10. But in truth, David Cameron was always the [...]
Chaos at polls: Voters not on register as Ukip left off ballot May 7, 2015 COMPLAINTS of people being unable to vote at polling stations, despite them being registered, perpetuated polling day yesterday. The cause of the chaos seemed to be the new registration system brought in during the last parliament, which ruled every voter needed to identify themselves, and register individually. If there was a mismatch in information on [...]
Business leaders gather at the capital’s General Election celebrations May 7, 2015 As the night drew in, some of the country’s top business leaders were heading for their chosen General Election parties. Some had two to three parties to choose from, with the Institute of Directors, law firm DLA Piper, and others all putting on stylish gatherings. Peter Mandelson Probably the party of all parties [...]
Q & A: Could we see a second general election before christmas? May 7, 2015 Q Who decides when the UK holds its General Elections? A Prime Ministers used to be able to call a General Election whenever they wanted. But new legislation enacted in 2011, called the Fixed-term Parliaments Act (FTPA), changed that. The FTPA stipulates that General Elections are held every five years, on the first Thursday in May. [...]
Deutsche could see investors revolt at AGM May 7, 2015 DEUTSCHE Bank is facing an uphill battle at its annual general meeting (AGM) later this month, as a new note from an influential adviser has urged investors to reject the German bank’s management board. ISS told Deutsche shareholders not to approve the board’s actions in 2014, citing its failings in the Libor rigging scandal and its co-chief [...]
Varoufakis eyes deal as official says Greece could resort to IOUs May 7, 2015 GREECE’S firebrand finance minister Yanis Varoufakis was yesterday adamant that the country would reach a deal with its creditors, while a European Central Bank (ECB) official warned that Greece could begin using a parallel currency. “I trust an agreement will be in the offing in the next few days, or weeks,” Varoufakis said yesterday, speaking [...]
Upturn in growth and inflation lifts European borrowing costs May 7, 2015 EUROPEAN government borrowing costs are rising sharply, bouncing back from record lows. The interest on German government debt climbed 0.59 per cent yesterday – reaching its highest rate of 2015. It marks a sharp rebound from last week when the interest rate was as low as 0.15 per cent. Rates on Spanish and Italian debt also [...]
Fantasy football: Can BT’s dreams of boosting growth come true? May 7, 2015 The telecom’s move into TV sports gained credibility from its £900m deal to broadcast the Champions League, but it is not without problems BT BOSS Gavin Patterson didn’t waste any time in making his presence felt at the top of the FTSE 100 company when he was appointed chief executive in 2013. Just two months [...]
ARMS race heats up as ACE puts on the pressure with £100m offer May 7, 2015 THE BATTLE to control Asia Resource Minerals (ARMS) took another turn yesterday after Asia Coal Energy Ventures (ACE) submitted a £98.8m bid for the beleaguered company. ACE, backed by Indonesia’s Sinarmas Group, is run by the Widjaja family and Hong Kong based Argyle Street Management (ASML). The move is a response to Nat Rothschild’s plan [...]
Centrica boss in £2.4m share win May 7, 2015 BRITISH Gas-owner Centrica has rewarded its chief executive with company shares worth close to £2.4m The utility giant released news to the market as Brits went to the polls yesterday afternoon. It confirmed chief executive Iain Conn was awarded 943,012 shares as part of a bonus worth around £2.4m, while British Gas managing director Mark [...]
