Premier clubs head to States April 15, 2015 CHELSEA and Manchester United have confirmed their participation in the International Champions Cup, a 10-team pre-season tournament to be held in the United States. Barcelona, Paris Saint-Germain, Porto, Fiorentina, Mexican side Club America and three Major League Soccer (MLS) teams will also take part in the event on unspecified dates between 11 July to 5 [...]
After core inflation fell to a nine-year low of 1 per cent in March, should we be worried? April 15, 2015 Ashraf Laidi is chief global strategist at City Index, says Yes As UK inflation extends its hold in zero territory, it may only be a matter of time before core inflation (stripping out volatile factors like food) creeps closer to zero. A continuation of this trend may imply that disinflationary pressures coming into the production [...]
Barclays U-turn on account fees: Bank will pay customers £4 a month as competition hots up April 14, 2015 Barclays will offer to pay current account customers from next week, intensifying the battle sweeping the high street since the seven-day switching service made it easier to move banks 18 months ago. The bank has been losing customers to rivals through the seven-day service, as other lenders have won clients by offering financial rewards. Barclays’ [...]
Maaxi takes to the road in Uber fight April 14, 2015 A NEW mobile phone app, backed by financier Nat Rothschild (pictured, right), will launch today with the intention of allowing black cabs to take on the might of tech giant Uber. Maaxi aims to turn iconic London taxi cabs into a form of public transport, with users linking up to share cab rides.
Lib Dem manifesto: Nick Clegg pledges £2.5bn to boost British schools April 14, 2015 The Liberal Democrats will focus their General Election pitch on education, promising an additional £2.5bn of funding during the next parliament. Launching their manifesto today, the party says it will protect per pupil funding for pupils aged two to 19 in real terms over the next parliament. Echoing Tony Blair’s famous “education, education, education” mantra, [...]
Airport row flies over Tory childcare announcement April 14, 2015 THE CONSERVATIVES’ manifesto, published yesterday, fails to rule out expanding Heathrow – a decision that could put pressure on Zac Goldsmith, the party’s candidate in Richmond Park. Goldsmith said in 2012 that he would not stand as a Tory candidate if there was “wriggle room” in his party’s manifesto on Heathrow expansion, which he strongly [...]
Boris questioned cost of key tory pledge April 14, 2015 LONDON mayor Boris Johnson insisted yesterday that he backs the Conservatives’ plan to allow housing association tenants the right to buy their homes. Johnson had previously said that extending the scheme “would involve massive subsidies”, but tweeted last night: “Brilliant Conservative policy on the Right to Buy, and a good way of ensuring it is [...]
General Election 2015: Better Capital founder Jon Moulton wants simplified legislation and free trade with Europe April 14, 2015 ELECTION COUNTDOWN: 22 DAYS TO GO Every day until the final week of the election campaign, we ask a business leader to say what policies would entice them to vote for a particular party. JON MOULTON: FOUNDER OF BETTER CAPITAL This is to the party of my upbringing and closest to my beliefs [...]
Barclays account switch: The customer is king once more – Bottom Line April 14, 2015 An injection of capitalism was all it took. Not long ago, British banks were unpopular and unresponsive, and now they are listening to their customers. How times are changing. Barclays’ decision to radically change its offer to customers by giving them cash marks the latest stage in the development of this market – and shows [...]
HSBC gears up to shake up its board of directors April 14, 2015 British banking giant HSBC is planning to shake up its boardroom, as long-serving directors prepare to leave the institution. Non-executives Rona Fairhead and Simon Robertson are expected to serve on the board for another year, and the bank’s headhunters are looking for candidates to join the top committee. HSBC is understood to retain recruiters MWM Consulting [...]
