ANALYST VIEWS: WHAT DO YOU MAKE OF BP’S RESULTS? November 2, 2010 TONY SHEPARD | CHARLES STANLEY BP is making progress. It is doing very well on the disposals and improving safety. It’s going ahead with investments too, which suggests a good deal of confidence. GREG SMITH | FAT PROPHETS Oil and gas prices have meant higher production income despite a fall in actual production, which was [...]
Stare back at the haka, says Maori Hape November 2, 2010 ENGLAND centre Shontayne Hape knows more about the haka than most and is urging his team-mates to stare right back when New Zealand perform their war dance at Twickenham on Saturday. Auckland-born Hape took part in the haka himself when representing his native country at rugby league, before switching codes and joining Bath in 2008, [...]
Royal Mail reports fall in profits November 2, 2010 PROFITS at state-owned postal service Royal Mail tumbled in the first half, highlighting the mammoth task the government will face in finding a trade buyer or completing a flotation. In the six months to the end of September, operating profit plunged by 72 per cent to £52m, against £184m a year earlier,as falling mail volumes, stiff [...]
Anglo-French tie-up cheers defence firms November 2, 2010 DEFENCE contractors yesterday gave a cautious thumbs up to plans for greater military cooperation between Britain and France, which could help soften the blow of swingeing cuts to government spending on big projects. Prime Minister David Cameron and French President Nicolas Sarkozy yesterday signed two treaties, paving the way for an unprecedented degree of collaboration [...]
Ponting’s a defeat away from sack November 2, 2010 FORMER England captain Michael Vaughan has warned Australia skipper Ricky Ponting it will be a case of three strikes and you’re out if he fails to regain the Ashes this winter. Ponting’s position is already the subject of intense scrutiny following the recent drawn series in England against Pakistan and last month’s defeat in India. [...]
Landlords ordered to do green works November 2, 2010 LANDLORDS will be forced to make their properties more energy efficient, after the government announced plans for a new “Green Deal” yesterday. Tenants will be given the right to request everything from insulation and double glazing to new boilers when the Energy Bill is passed before the end of the year. However, the National Association [...]
CBI CHIEF TO PROMOTE UK PLC November 2, 2010 OUTGOING CBI chief Richard Lambert is to take up a role as a British trade ambassador, Prime Minister David Cameron will announce next week during a visit to China. The trade ambassadors programme was started under Gordon Brown in order to promote lobbying for UK business interests abroad. Its current makeup includes AstraZeneca chairman Chris Brinsmead [...]
Aviva plans £400m savings in two years November 2, 2010 INSURANCE company Aviva has announced plans for £400m in savings over the next two years, half of which will come from efficiency gains, and half from cost savings. It has also said that it will close its final salary pension scheme, which has 7,600 members, something that will save £50m a year. Several hundred jobs [...]
Ancelotti dismisses talk of a January bid for striker Torres November 2, 2010 CHELSEA vs SPARTAK MOSCOW CHELSEA manager Carlo Ancelotti has ruled out a January bid for Liverpool striker Fernando Torres as his side look to clinch their place in the knockout stages tonight. The Blues have hardly struggled for goals this season, hitting eight on their way to maximum points from three games in Group F. [...]
State Street eyes further acquisitions November 2, 2010 BOSTON-based bank State Street’s asset management arm is on the hunt for more acquisitions in Europe after its €57m (£50m) acquisition of Bank of Ireland Asset Management earlier this year. In 2009, 36 per cent of the bank’s total revenues came from outside the US, but the bank is now focused on expanding abroad. In [...]
