The financial A to Z of Scottish independence – CNBC Comment September 15, 2014 A new, independent Scotland might flummox a foreign visitor. So it’s lucky this financial A to Z has turned up – even if some say it’s a parody of the Better Together campaign. A: Alex – Scotland’s official unit of currency, though largely superseded by an informal bartering system, where one barrel of oil [...]
Scottish independence: BT, TalkTalk, EE, Telefonica, Vodafone and Three warn of increased costs if Scots vote Yes September 14, 2014 Six of Britain's leading telecoms companies are the latest to warn of potential price rises if Scotland votes Yes to independence. The chiefs of BT, TalkTalk, EE, Telefonica UK, Vodafone UK and Three UK have issued a joint letter warning that the uncertainty around regulation and spectrum allocation, which mobile networks use to operate, could [...]
Scottish independence: Boost for No as Alex Salmond’s economic plan torn apart September 11, 2014 An influential thinktank yesterday tore apart Alex Salmond’s economic plan for an independent Scotland, warning that a Yes vote will make it harder to protect public spending from cuts. The blow to Salmond’s case for independence came as a number of high-profile UK retailers and banks added their names to a growing list citing concerns [...]
London Report: Lower crude prices pull FTSE down but Morrison’s gets lift September 9, 2014 BRITAIN’S top shares yesterday inched lower on Tuesday as energy stocks weakened and investors bet on whether Scotland would vote to leave the United Kingdom in the 18 September referendum. But stocks showed little reaction to comments by Bank of England Governor Mark Carney, who suggested the bank might start to raise interest rates next [...]
Co-operative Group hires City headhunters to find board members September 7, 2014 The Co-operative has kicked off its search for a new chair by appointing City headhunters Odgers Berndtson to grill potential applicants for the high profile role. The mutual, currently chaired by Co-op insider Ursula Lidbetter, is hunting for the first independent chairman in its 150-year history in the wake of radical governance reforms voted through [...]
City AM awards: Business of the Year nominees announced September 7, 2014 I have great pleasure in introducing the first of our shortlists for the annual City A.M. awards. As ever, the awards have attracted nominations from all sorts of diverse businesses and people who have done great things during the course of the past year, a year of recovery in the UK. We have taken on [...]
And the nominees are… September 7, 2014 TOMORROW: ACCOUNTANCY FIRM OF THE YEAR ALDI The German discounter has taken the British high street by storm. Aldi now has a 4.6 per cent share of the UK market, up more than one third in a year due to consumers choosing its quality and low prices over the more established retailers. It has even [...]
Theatre review: Little Revolution September 4, 2014 ★★★★ Is there anything left to say about the riots? Despite the avalanche of think-pieces chewing over possible causes – from the left: poverty, racism, a lack of opportunities; from the right: irresponsibility bred by welfarism and failures in state education – no one provided a wholly satisfactory diagnosis. The riots were simply too big, [...]
Queens Park Rangers’ £6bn west London revamp to create homes, jobs and a new stadium September 3, 2014 A vast area of west London looks set to undergo a massive regeneration programme that could see 24,000 homes being built and 55,000 new jobs created. Hundreds of acres of brownfield around Old Oak Common, near the site of Wormwood Scrubs prison, could be transformed as a result. The £6.2bn plan is being spearheaded by [...]
London Report: Mining shares lift FTSE despite doubt over ECB September 2, 2014 BRITAIN’S top share index steadied near a two-month high yesterday, with some caution before the European Central Bank’s policy meeting tomorrow offsetting a rally in miners prompted by stronger metals prices. The blue-chip FTSE 100 index ended 0.06 per cent higher at 6,829.17 points after rising up to 6,849.28 points, the highest level since early [...]