Romney takes Nevada vote February 5, 2012 Republican front-runner Mitt Romney cruised to an easy victory in Nevada over the weekend, crushing his three remaining rivals and taking firm command of the party’s volatile presidential nominating race. With support from a broad cross-section of Republicans, Romney won by a big double-digit margin over former US House Speaker Newt Gingrich, Representative Ron Paul [...]
Apprentices as valuable as Games: report February 5, 2012 THE UK economy would benefit more from a million extra apprenticeships than from hosting the Olympic Games, according to new research from City & Guilds. The survey – timed for the start of Apprenticeship Week 2012 this week – shows that, if a million more apprenticeships were set up by 2013, the economic benefit would [...]
LONDONERS FACE THE BIG FREEZE February 5, 2012 Londoners came out to play yesterday as the capital woke to a blanket of thick snow. Alexandra Park (above) was a popular spot for sledging, while City tourists at Bankside (right) took the opportunity to brave the cold and see London’s famous landmarks covered in white. The biting weather proved testing for Occupy London protesters [...]
Webster to step down as IHG chairman February 5, 2012 DAVID Webster, the long-standing chairman of Intercontinental Hotels Group, is to stand down after eight years at the helm of the world’s largest hotel group. A source close to Webster said that no date had been set yet for his departure, but that he is likely to leave later this year. The owner of Holiday [...]
Tory MPs rebel over subsidies for wind farms February 5, 2012 NEW Liberal Democrat energy secretary Ed Davey is already under political pressure, after more than 100 Tory MPs called on the government to slash subsidies to wind farms. The 101 Conservative signatories wrote to Prime Minister David Cameron to demand a re-think of the coalition’s energy policy. “In these financially straitened times, we think it [...]
Call for Deutsche Boerse boss to quit after failed merger February 5, 2012 DEUTSCHE Boerse’s chief executive Reto Francioni should step down following the collapse of its $7.4bn (£4.7bn) plan to merge with NYSE Euronext, a member of the German exchange operator’s supervisory board told a newspaper. “The question needs to be asked whether there have to be consequences (for management),” Johannes Witt, a board member representing the [...]
Olympic Media Buzz LONDON 2012 PARTNERS February 5, 2012 IN ASSOCIATION with Repskan.com, the media monitoring and analytics platform, City A.M. is measuring the relative Olympic media buzz around the partners for the London 2012 Olympic and Paralympic Games, week by week. The leaderboard, right, reflects their ranking over the past week, in this case from Wednesday 25 January to Wednesday 1 February. Coca-Cola [...]
EU competition law thwarts Vodafone’s Greek merger deal February 5, 2012 VODAFONE will scrap a $1bn merger of its Greek business with a local competitor due to the belief that EU regulatory authorities will block the deal. The deal with Wind Hellas will be called off due to “regulatory uncertainty” on EU competition law. The turmoil of the Greek economy, which is in a deep recession, [...]
Queen marks sixty years on the throne February 5, 2012 THE QUEEN will today celebrate her Diamond Jubilee anniversary, with 6 February marking exactly 60 years since her accession to the throne. Yesterday the Queen and the Duke of Edinburgh, who is recovering from treatment for a blocked artery over Christmas, attended a church service in Sandringham, as her traditional winter break in Norfolk comes [...]
City panel concerned about the impact of Financial Services Bill February 5, 2012 AS MPs debate the new Financial Services Bill in the Commons today, almost 60 per cent of our Voice of the City panel have confessed to being concerned about the overall impact it could have on the UK. Fifteen per cent of our panel – surveyed in association with PoliticsHome.com, said they were “very concerned” [...]
