Why the love of your life is just a click away February 9, 2011 CHRISTMAS and New Year are over. You’re feeling fat, poor, anxious and – if you’re single – panicked. What do you do? You vow to go on a diet, you cut back on the expensive nights out and, in the hopes of sticking to the one resolution you really care about, you sign up to [...]
CITY A.M. | SHADOW MPC February 9, 2011 ALLISTER HEATH | CITY A.M “All the surveys are showing strong business activity – across the sectors – and seriously rising costs. A quarter point rate rise is urgently required to send a strong message.” SIMON WARD | HENDERSON “Half-point hike. The debate is shifting from whether to how far rates need to rise. Solid [...]
Private sector pay rises slow February 9, 2011 Take-home pay in the private sector slowed to 0.6 per cent growth in the three months to January, close to an all-time low, according to research by VocaLink released today. The manufacturing industry recorded a surprise slouch in pay growth to 0.4 per cent, despite the sector’s resilience in 2010. In the public sector, annual [...]
Red tape costs firms £37bn February 9, 2011 The Institute of Directors has today claimed that company directors wasted 17 hours a month wading through regulatory paperwork last year, up from 13 hours a month in 2009. The IoD said the overall man-hours of this burden cost £36.8bn last year, up from £28.2bn in 2009. “Some of this burden has to be lifted [...]
Scents to make the one you love (or like) swoon February 9, 2011 FOR HER FEMME FATALE: LOVE IN BLACK BY CREED Dark, powdery and seductive – the silent screen siren of scent. Florentine iris, glorious pure Damascus rose and a violet encore. Love In Black by Creed £142/75mls from www.creedfragrances.co.uk SENSUAL: SKIN PETALS BY ILLUMINUM Succulent apple blossom and wild berry, mellows into a duo of fragile [...]
German recovery storms ahead February 9, 2011 The strengthening German economy is driving confidence in the Eurozone, according to several reports out yesterday. German GDP is set to expand by three per cent in 2011, said a survey of companies by trade association DIHK, while a paper by the Ifo research institute suggested that a Eurozone growth index jumped nine points to [...]
Remove taxes to boost growth February 9, 2011 Cuts in income taxes for low earners can help an economy escape recession, according to new research published today. Long term growth can be encouraged by switching the tax burden from income taxes towards housing and consumption taxes, said professor Christopher Heady and a team of OECD researchers. A shift of one per cent of [...]
Nissan upbeat as profits fall February 9, 2011 NISSAN Motor’s quarterly profit fell 15 per cent on a stronger yen and sliding Japanese demand, but the decline was the slimmest among local automakers and it lifted its outlook on growing overseas sales. Nissan, which overtook Honda Motor as Japan’s second-biggest automaker last year, has been a standout particularly in China, where a line-up [...]
Food prices boost Syngenta dividend February 9, 2011 SWISS agricultural group Syngenta is set to benefit from soaring food prices as farmers invest in products to boost harvests and buy more weed and bug killers from the world’s largest agrochemicals company. The group lifted its dividend a sixth to SwFr7, above a forecast for 6.14 francs, and said it was launching a $200m [...]
CSN raises stake in Riversdale to strengthen position pre-takeover February 9, 2011 CSN, Brazil’s largest diversified steelmaking group, has raised its stake in Australian miner Riversdale, which is subject to a $3.9bn takeover bid from global miner Rio Tinto. CSN increased its stake to 17.58 per cent from 16.29 per cent, according to a substantial shareholder notice filed with the Australian exchange. The Brazilian group trails Riversdale’s [...]
