Murdoch’s News Corp profits up threefold thanks to TV channels November 6, 2012 NEWS CORP revealed a trebling in profits last night thanks to growth in its lucrative cable networks division. Rupert Murdoch’s media giant said its US channels, such as Fox News, Fox Sports and the FX Network, saw a 33 per cent year-on-year increase in operating income in the third quarter. This was driven by higher [...]
Industry output dive means GDP could go down November 6, 2012 OUTPUT IN the production industries dived in September, data showed yesterday, driven by a collapse in mining and quarrying, which analysts suggested might lead to downward GDP revisions. Manufacturing output rose 0.1 per cent into October, according to the Office for National Statistics, but overall production was dragged down 1.7 per cent by a 15.3 [...]
Pay gap remains as women earn £400,000 less over working life November 6, 2012 THE average female executive in the UK earns £400,000 less than her male counterpart over a lifetime of work, according to new data released this morning. Women in executive roles are also likely to win bonuses worth less than half those given to their male colleagues – the average male bonus came in at £7,496 [...]
Auditors see big problems with EU budget for 18th year in a row November 6, 2012 OFFICIAL auditors yesterday reported major errors in EU spending last year, amounting to billions of euros and strengthening the hands of politicians in the UK who hope to freeze spending in the budget. The European Court of Auditors said it had found irregularities affecting four per cent of total spending during 2011, equivalent to around [...]
MPs told new banks are not short-term fix November 6, 2012 THE GROWTH of challenger banks is not a solution to the current shortage of lending to small firms, City grandee John Griffith-Jones said yesterday, arguing that only unblocking lending from big banks can help in the short run. The former KPMG boss and incoming chairman of the Financial Conduct Authority also told MPs that banks [...]
Allied Irish asks bosses who led to ruin to give back pensions November 6, 2012 ALLIED IRISH Bank (AIB) wrote to former directors yesterday to ask for some of their pensions back, after mounting public anger at the scale of payouts at the bailed-out bank. The institution collapsed in the financial crisis, leading to a bailout in 2009 and nationalisation in 2010 – part of a wave of bailouts that [...]
Play me boss, begs Walcott, after star nets on comeback November 6, 2012 ARSENAL forward Theo Walcott last night pleaded with manager Arsene Wenger to give him a run in the team after he justified a rare start with a goal as the Gunners squandered two points in Germany. Walcott, who has been left on the bench amid his refusal to extend a contract that expires next summer, [...]
Federer finding Finals form and fitness after win over Tipsarevic November 6, 2012 WORLD No2 Roger Federer believes that he is on course to perform to the best of his ability after easing to victory over Janko Tipsarevic in his first match at the ATP World Tour Finals in London. The Swiss great, widely revered as the finest player of all time, comfortably cruised to a 6-3, 6-1 [...]
Mancini: Champions League dream is over, thanks to ref November 6, 2012 MANCHESTER CITY 2 vs AJAX 2 MANCHESTER City manager Roberto Mancini accused referee Peter Rasmussen of denying them a dramatic late victory over Ajax after last night’s draw left them on the brink of elimination from the Champions League. The fiery Italian manager confronted the referee at the final whistle to complain about the decision [...]
Sainsburys ups market share as Morrisons lags November 6, 2012 J SAINSBURY, Britain’s third-biggest supermarket group, has lifted its market share, helped by investment in its cheaper own-brand products, industry data showed yesterday. Market researcher Kantar Worldpanel said Sainsbury’s sales rose 6.4 per cent in the 12 weeks to 28 October, increasing its share of the UK grocery market to 16.8 per cent from 16.4 [...]
