London Report: Reports of new Pfizer Astra bid pushes up FTSE August 21, 2014 BRITAIN’S top equity index yesterday rose on gains in healthcare stocks, led by Astrazeneca on speculation that previously rejected US suitor Pfizer might make another bid. The blue-chip FTSE 100 index closed up 22.18 points, or 0.3 per cent, at 6,777.66 points. Astrazeneca rose three per cent to 4,411.50p, while domestic rival Glaxosmithkline advanced 1.2 [...]
City Moves for 20 August 2014 | Who’s switching jobs August 19, 2014 BDO The accountancy and business advisory firm has announced two appointments to its forensic accounting team. Gavin Williamson joins as a partner from Deloitte, where he specialised in complex, multi-jurisdictional fraud and corruption investigations. Cathie Cameron (pictured) joins as a director. She previously ran her own consulting business in the US, and has also held [...]
Supermarkets spark Bank Holiday petrol price war by slashing costs August 18, 2014 Britain’s leading supermarkets have fired the latest salvo in a fuel price war after slashing prices at their pumps today in a bid to win over customers ahead of the Bank Holiday. Asda was the first to take action, announcing that it would cut the cost of petrol by up to two pence per litre [...]
What is the internet of things? August 18, 2014 There’s a new wave of technology entering our daily lives and its impact will turn them upside down. The internet of things is predicted to cause the same disruption to society as the transformational impact of the printing press in the 15th Century and the internet-induced information revolution in the late 20th Century. [...]
Asda sales ahead despite profit warning from owner Wal-mart August 14, 2014 ASDA is outperforming its leading supermarket rivals in the battle for customers’ loyalty after reporting a 0.5 per cent increase in like-for-like sales in the second quarter. The US-owned chain was the first of the big four to take action against the discounters by cutting its prices when it pledged in November to invest £1bn [...]
West Ham star threatened girl with acid attack, court is told August 8, 2014 WEST Ham star Ravel Morrison threatened to throw acid in his ex-girlfriend’s face, blow up her house and have her killed during a four-year campaign of terror, a court heard yesterday. The harassment allegations emerged as England Under-21 midfielder Morrison appeared before Manchester magistrates charged with assaulting his former partner and her mother last month. [...]
Tesco’s credit rating downgraded by S&P amid profit fears August 8, 2014 Tesco suffered a fresh blow yesterday after Standard and Poor’s (S&P) downgraded the troubled supermarket’s credit rating over concerns of rising competition in its home market and its recent profit warning. S&P said it had cut its long-term rating on Tesco to “BBB” from “BBB+”, but reiterated its “A-2” short-term corporate credit rating on the [...]
West Ham star is granted bail August 4, 2014 WEST Ham midfielder Ravel Morrison was released on bail yesterday after three days in custody on charges of assaulting his ex-girlfriend and her mother. The England Under-21 star faces two charges of common assault after an alleged incident involving Reah Mansoor, 19, and Parveen Mansoor, 39, on 27 July. He was initially remanded in custody [...]
West Ham starlet Morrison refused bail over double assault allegation July 31, 2014 WEST Ham midfielder Ravel Morrison’s future is in doubt again after he was denied bail and remanded in custody accused of assaulting his ex-girlfriend and her mother. England Under-21 star Morrison was arrested on Wednesday following the alleged incident on Sunday morning, in which it is claimed he punched and slapped Reah Mansoor, 19, and [...]
Aldi closes in on Waitrose as the discounters scent blood July 29, 2014 The challenges facing Britain’s big four grocers was further laid bare yesterday after new data revealed that Aldi was poised to overtake Waitrose to become the country’s sixth biggest supermarket. Kantar Worlpanel data released yesterday showed Aldi’s sales jumped 32 per cent year-on-year in the 12 weeks to 20 July, bringing its market share within [...]