We must not ignore the economic evidence on immigration’s benefits November 5, 2013 CONCERNS about immigration continue to gather strength. A recent poll by Survation for Sky News found that 67 per cent think the coalition’s attempt to reduce net migration to 100,000 per year does not go far enough. More than a quarter feel that immigration in the last decade brought no positive benefit to the UK. [...]
Premier Foods on search for new bread investor November 5, 2013 Hovis owner Premier Foods has begun a secret hunt for an outside investor to help reverse the fortunes of its floundering bread division, reports Sky News' City editor Mark Kleinman. Premier Foods has approached a number of private equity groups over the sale of a stake in its bread unit. Sky understands that the chief [...]
Sky high costs expected as key football bid due November 4, 2013 EUROPEAN Champions League television rights could be a case of winner-takes-all between rival bidders BT, Sky and ITV, according to analysts. Bids for the prized football broadcast rights from 2015-18 are due to be filed today, and the bidding could be the most competitive, and expensive, ever. “We believe Sky could go for complete exclusivity, [...]
Deflation fear prompts Eurozone rate cut talk November 4, 2013 But a single data point is unlikely to convince the ECB that immediate loosening is necessary European shares traded close to five-year highs yesterday amid speculation that the European Central Bank (ECB) will cut its policy rate on Thursday. The FTSEurofirst 300 Index rose above 1,296, a near 6 per cent increase from Friday’s levels. [...]
Fitness Expert: Ways to burn calories on your fasting days November 4, 2013 THERE’S a good chance you’ve either tried, or know someone that’s trying, the 5:2 diet. It’s relatively simple, doesn’t involve cutting out a bunch of your favourite foods, and is extremely effective as far as weight loss is concerned. But where and how does exercise fit in? Is it okay to work out on fasting [...]
Co-op Bank to close 15 per cent of branches with hundreds of jobs on the line November 4, 2013 The Co-operative Group is to axe 15 per cent of its floundering bank's 324 branches by the end of next year, as part of a radical restructuring plan unveiled today. Sky News' Mark Kleinman reported on Saturday that the bank is to cut more than 1,000 jobs as part of the restructure, which will see [...]
Labour makes new push for higher wages November 4, 2013 LABOUR leader Ed Miliband has pledged to offer tax breaks of up to £1,000 per worker for companies that move low-paid staff onto the living wage. Miliband said the scheme would cut poverty while saving money on benefit payments – but the Conservatives and some business groups said the plan was impractical. More than 400 [...]
Tilda basmati rice brand is put up for sale November 4, 2013 THE OWNERS of Tilda, one of the world’s top basmati rice brands, are considering a sale that could value the business at up to £250m. The Thakrar family, which owns Tilda, is understood to have appointed investment bank Rothschild to review options for the family’s shareholding, according to reports by Sky News. Rothschild declined to [...]
There is no sporting comeback to rival Nadal’s, says Becker November 3, 2013 THE ASTONISHING rise from the verge of retirement to world No1 by Rafael Nadal following seven months out with a knee injury represents the greatest sporting comeback ever, according to six-time grand slam champion Boris Becker. Nadal, who begins his ATP World Tour Finals campaign this week, was sidelined by tendinitis following last year’s Wimbledon [...]
Treasury to tax overseas buyers of UK property October 31, 2013 GEORGE Osborne is considering a tax raid on overseas investors who own British property, it was reported yesterday, in an attempt to raise millions of pounds. The plan would require non-UK-based real estate owners to pay capital gains tax (CGT) on British property, according to Sky News. At the moment only UK residents pay the tax to HMRC. Many [...]