Demand helps support our production December 6, 2012 BRITAIN’S car industry continues to defy those who say this country doesn’t make things any more. And demand at home is helping to drive that resurgence. Industry lobby group the SMMT released data yesterday showing the UK is now the second-largest EU car market by new registrations. Demand has risen year on year in the [...]
CIBC gets in the Xmas mood on its Miracle Day December 6, 2012 ‘TIS the season and alongside mince pies, carols and tinsel, charity trading days are fast becoming the traditional way to celebrate Christmas in the Square Mile. Just a day after Icap’s annual charity extravaganza, Canadian Bank CIBC yesterday hosted its Miracle Day with all fees and commissions from its London wholesale banking employees going to [...]
Horse racing and music tie-up scores Doogan-Hobbs top prize December 6, 2012 HORSE racing and music concerts may be par for the course these days, but there was not too long ago when they were deemed unlikely bedfellows. We’ve got entrepreneur Liz Doogan-Hobbs to thank for the now often seamless shift from the races to the dance floor. Yesterday, Doogan-Hobbs, who set up Liz Hobbs Group which [...]
How to give December 6, 2012 online at: www.cityam.com/appeal by text CITY13 and amount (£5 or £10 only) to 70070 Text donations may not work from company mobile phones as these often block premium messages. credit or debit card by phone to Opportunity International (01865 725 304) If donations exceed our programme needs in Africa, they will be deployed elsewhere. TWEET [...]
The Prudential backs our appeal December 6, 2012 Why is Prudential supporting Opportunity International? Prudential is a leading player in a number of emerging markets and therefore we have first-hand experience of the importance of financial literacy. We like the way Opportunity International uses micro–credit, hand in hand with financial business training, to create opportunities that allow individuals to help themselves and maximise [...]
London’s Tech City gets £50m from Cameron December 6, 2012 DAVID CAMERON yesterday unveiled a £50m government project in east London’s “Tech City” alongside a host of new investments from the likes of Microsoft and KPMG. The Prime Minister said the money would be put towards a new showcase building on Old Street roundabout – the junction that has become an icon of the growing [...]
Virgin gets rail deal as inquiry finds big flaws December 6, 2012 A STINGING report yesterday blamed disorganisation and overstretched staff at the Department for Transport (DfT) for the failure of the West Coast Main Line franchise contest. The DfT confirmed yesterday that Virgin Trains, which had lost out in its bid for the 13-year West Coast franchise, has agreed to run the route for up to [...]
More train ticket woe as firms hike some prices by 10 per cent December 6, 2012 THE PRICE of the average train ticket will go up by 3.9 per cent in January – though some passengers will be hit by hikes of up to 10 per cent in the new year. The Association of Train Operating Companies said yesterday that the fare increases on regulated fares are in line with government [...]
Was your journey to work affected by Snow this week, and is Britain ready for Winter? December 6, 2012 DANIEL VECCHIO MOODY’S I was in Holland, but generally if we get snow it doesn’t work. I know the government can’t set aside a bunch of snow ploughs for one day, though. We can’t spend a lot of money for something that may never happen. RICK CORBISIERO RABOBANK Yes, it did affect me, and I [...]
Mulberry hurt by rising costs as margins fall December 6, 2012 MULBERRY’S profits tumbled by more than a third in the first half of the year due to rising costs as the British fashion house presses ahead with its expansion plans and moving the brand upmarket. The group yesterday posted a 36 per cent drop in pre-tax profits to £10m for the six months to 30 [...]
