Britvic hit by rise in costs May 27, 2011 Soft drinks maker Britvic posted a small decline in first half profit as input cost inflation remained high, but said it was confident about the second-half. Britain’s second biggest soft drinks maker behind Coca-Cola Enterprises said underlying pretax profit for the six months to 17 April was £27.7m compared with £27.8m the year before. The [...]
Tate&Lyle beats forecasts and plots more growth May 27, 2011 Sweeteners and starches maker Tate & Lyle beat forecasts with a 34 per cent rise in year profits on Friday helped by higher corn prices and gave an upbeat outlook as it sees another year of profitable growth. The maker of sweeteners like Splenda and starches said it saw a year of good sales growth [...]
Osborne hit by data leak row May 26, 2011 SENSITIVE data leaked by the Treasury could have fallen into “the wrong hands” and been used to profit off the markets, the head of the UK’s statistics office said yesterday in a scathing letter to the chancellor George Osborne. The Treasury has sent confidential inflation data to around 400 recipients prior to its official release [...]
Facebook boss: don’t regulate us May 26, 2011 FACEBOOK founder Mark Zuckerberg defended the internet’s freedom of speech to world leaders at the Group of Eight summit in France yesterday. Smart-suited Zuckerberg (below) and Google chief executive Eric Schmidt both hit back at plans by French President Nicolas Sarkozy to regulate the world wide web, arguing that it aided democracy and free expression. [...]
FAST INTERNET CONNECTION HELPS CHILDREN May 26, 2011 THE internet encourages social interaction for children and adolescents, a German thinktank claimed last night. “The researchers refute the myth that the internet isolates people socially,” the Munich-based Ifo institute said. A fast internet connection can result in children doing more sport and extra-curricula activities, Ifo found.
US outlook knocked by slow GDP growth May 26, 2011 HOPES for a strong American recovery were dashed yesterday by disappointing GDP figures and a surprising upturn in the number of new people claiming unemployment benefits. First-quarter growth came in at an unchanged 1.8 per cent for the US, below the expectations of economists who had anticipated growth to be revised above the two per [...]
Osborne’s growth forecasts slammed by Tullett Prebon May 26, 2011 A CITY broker attacked government growth forecasts as overly optimistic yesterday and warned of an “exceptionally bleak” outlook in a damning assessment of the economy’s progress over the past decade. Tullett Prebon, the brokerage led by investment maverick Terry Smith, issued a doom-filled prediction that government growth forecasts would prove unachievable as the UK weaned [...]
Alex who? Messi not interested in United May 26, 2011 Barcelona’s 52-goal talisman confesses his ignorance of tomorrow’s opponents in eagerly anticipated Champions League final at Wembley BARCELONA v/s MANCHESTER UTD BARCELONA superstar Lionel Messi admits he knows virtually nothing about Champions League final opponents Manchester United. The Argentinian genius says he pays little attention to other teams and does not plan to study United [...]
City bonuses fail to reach pre-slump peak as regular pay boosted instead May 26, 2011 BONUSES in the financial sector have held up this year but remain below their pre-recession peak, with evidence of regular pay being boosted instead. Bonuses averaged £901 a week in February and £760 a week in March this year, it was revealed today, roughly on a par with the same figures from last year (£975 [...]
BBC staff get private healthcare May 26, 2011 The BBC has spent over £2.1m on private health insurance for its staff in the last three years, the Taxpayers’ Alliance (TPA) will reveal today. A further £150,000 has been spent by the Welsh language channel S4C, to fund private healthcare cover for some of its employees. “Viewers already pay for the NHS through their [...]
