CAR TALK October 25, 2011 ORDER NOW: VW’S NEW BEETLE The order books have opened for VW’s new Beetle. Two engines will be available at launch: a 1.2-litre TSI 105 PS (47.9mpg, 137g/km CO2) and a 1.4-litre 160 PS TSI (42.8mpg, 153g/km CO2). Three others – a 1.6-litre diesel, 2.0-litre diesel and 2.0-litre petrol – will join later in 2012. [...]
How to look good cycling October 25, 2011 THERE used to be three choices when it came to City bike-wear: highlighter neon, racing Lycra or crumpled suit with sweat patches. But bike fashion has evolved. And with many more of us cycling to work, thanks to Boris bikes and increasing take up of corporate bike schemes, there’s demand for kit that actually looks [...]
HOW TO GET DRESSED October 25, 2011 FOUNDERS OF ROUS ILAND MEMBERS’ BOUTIQUE Q.I’ve got a million invitations piling up on my mantelpiece! What are the trends I should pay attention to for this season’s party wardrobe? A.Flesh-baring is strictly reserved for the summer; stay chic (and warm) by covering up. Long fitted sleeves and higher necklines are given a glamorous update [...]
FIVE MINUTES WITH JONATHAN SAUNDERS | BY HELENA LEE October 25, 2011 Jonathan Saunders, the Scottish fashion designer, and Grey Goose vodka have teamed up to help raise money for the Elton John AIDS foundation. The designer, who has previously worked with Alexander McQueen, Christian Lacroix and Phoebe Philo at Chloe, has created outfits for staff at the Grey Goose Winter Ball, which is on Saturday. Saunders [...]
Barclays offloads Russian retail unit to Igor Kim October 25, 2011 Barclays has agreed to sell its Russian retail and commercial banking operations to local banker Igor Kim. Barclays said its Barclays Bank LLC Russian division had gross assets of £513m as of the end of September 2011. It added that the sale of the business would not have any material impact on its earnings or [...]
Reckitt earnings rise October 25, 2011 British consumer goods group Reckitt Benckiser cautioned of slower growth ahead due to a number of one-off effects as the company matched forecasts with a nine per cent rise in third-quarter earnings. The maker of Cillit Bang cleaners and Nurofen painkillers said growth will slow as it laps an acquisition made late last year and [...]
King says QE is not guaranteed to trigger bank lending October 25, 2011 The Bank of England’s resumption of its asset buying programme will not automatically persuade commercial banks to increase lending, though it should provide a safeguard against a major dip in loan activity, Bank governor said. “I can’t guarantee that it means that bank lending will rise, but what I do believe is that it won’t [...]
Novartis to axe 2,000 jobs October 25, 2011 Novartis AG is slashing 2,000 jobs in Switzerland and the United States to keep costs under control in the face of growing price pressures and the strong Swiss franc, the Swiss drugmaker said on Tuesday. The Basel-based group has already cut thousands of jobs, shut several sites, notably in Britain. It has also shifted its [...]
Credit Suisse fined £5.9m by FSA October 25, 2011 Credit Suisse has been fined £5.95m by the Financial Services Authority for system failures in its private bank, the second time it has fallen foul of the British regulator in less than two years. The FSA said in an emailed statement on Tuesday it had fined Credit Suisse for “systems and control failings in relation [...]
Household saving ratio rises October 25, 2011 Households ramped up their savings to their highest in almost a year between April and June, official data showed on Tuesday, in a sign that a darkening economic outlook may be causing consumers to retrench. The Office for National Statistics said the household saving ratio rose to 7.4 per cent in the second quarter, up [...]
