WHAT THE OTHER PAPERS SAY THIS MORNING October 3, 2011 FINANCIAL TIMES M&S ASKS SUPPLIERS TO AID STORE REVAMPS Marks and Spencer has asked its top clothing suppliers for a multimillion-pound contribution to its store revamp plans and a step-up in advertising. At a gathering on Friday of M&S’s top 60 clothing and homewares suppliers, Marc Bolland, chief executive, asked them for a one-off contribution [...]
It’s make or break for the Tory party October 3, 2011 POLICIES to boost growth. That is what the Conservative Party conference, which started last night, must focus on. Growth has ground to a halt, partly because of global forces but also because too little has been done to make the UK once again a competitive place in which to work, invest and operate a business. [...]
It’s make or break for the Tory party October 2, 2011 POLICIES to boost growth. That is what the Conservative Party conference, which started last night, must focus on. Growth has ground to a halt, partly because of global forces but also because too little has been done to make the UK once again a competitive place in which to work, invest and operate a business. [...]
Star hedge fund Winton hits $25bn October 2, 2011 THE hedge fund run by star trader David Harding has defied the industry’s poor performance this year to make returns on investments of around 6.3 per cent so far. City A.M. understands that Winton Capital, which uses scientific research to spot patterns in market behaviour, has seen funds under management rise by about 45 per [...]
London clings to top spot as finance hub September 26, 2011 LONDON clung to the top place on a list of the most important global financial centres yesterday but saw its lead over rivals slashed to almost zero as its competitive edge vanished, a new report showed. In a worrying sign that the City is losing its place as the world’s leading finance hub, London’s competitiveness [...]
Investors to get £100m tax boost September 25, 2011 Chancellor George Osborne is today set to offer £100m of new income and capital gains tax breaks to those investing in fast growing technology and manufacturing firms. The government plans to expand the Enterprise Investment Scheme (EIS) by increasing the rate of tax relief available from 20 per cent to 30 per cent and doubling [...]
ANALYST VIEWS: IS DEBENHAMS’ STRATEGY WORKING? September 20, 2011 KATE CALVERT SEYMOUR PIERCE The beat is down to the 53rd week contribution, we believe, which management expects to add £5-7m in profit, higher than previously thought. Management expects 53-week full year profit before tax to be ahead of consensus of £158m, according to the company within the range of £160-165m. RICHARD HUNTER HARGREAVES LANSDOWN [...]
Obama wants tax breaks ended to pay for jobs plan September 12, 2011 President Barack Obama has proposed paying for his jobs plan by eliminating $467bn (£294bn) in tax breaks for wealthier Americans and corporations, triggering a new battle with Republicans in Congress. The White House objective is to put lawmakers in a difficult spot: either back Obama’s jobs package or risk being portrayed as doing nothing to [...]
It’s time to abolish the 50p tax rate September 8, 2011 THERE are many reasons why the top 50p rate of tax should be axed. It sends a message that the UK doesn’t like successful people; it has made Britain less competitive in the race for talent and capital; and the job losses and reduced economic growth it will cause means that the overall revenue raised [...]
It’s time to abolish the 50p tax rate September 7, 2011 THERE are many reasons why the top 50p rate of tax should be axed. It sends a message that the UK doesn’t like successful people; it has made Britain less competitive in the race for talent and capital; and the job losses and reduced economic growth it will cause means that the overall revenue raised [...]