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  • ELECTION2010

    April 18, 2010

    Tories in iconic buildings pledge The Conservatives yesterday said they would legislate to protect iconic buildings, ensuring they aren’t obscured by new sky-scraper developments. Shadow arts minister Ed Vaizey said: “These are buildings people treasure and are part of our identity. We hope that the scheme would provide a significant hurdle against intrusive developments.” Paxman [...]

  • BANKER BASHING IS ‘JUST LOUSY ECONOMICS’

    April 18, 2010

    AT LONG last, the City’s beleaguered banking contingent has found itself a champion willing to stand up and state the bleedin’ obvious. Tim Morgan, the head of research at inter-dealer broker Tullett Prebon, on Friday put out a damning note condemning our politicians’ obsession with bashing the bankers and non-doms – and advising them to [...]

  • Premier League to defend Sky

    April 15, 2010

    THE Premier League has announced it will challenge Ofcom’s ruling to slash the price Sky can charge its rivals to show matches. It says investment in the sport will suffer as a result. Premier League chief executive Richard Scudamore said: “Having taken time to study the Ofcom decision we have concluded we have no option [...]

  • City can leave United’s title hopes in tatters

    April 15, 2010

    MANCHESTER CITY vs MANCHESTER UNITED TOMORROW – 12.45PM SKY SPORTS 1 THIS must be one of the most important Manchester derbies in recent memory with United trying to gain ground on Chelsea and City looking to consolidate their fourth-place position. Add the whole Carlos Tevez saga, Gary Cook’s intelligent remarks and the fiery Carling Cup [...]

  • Sorrell: WPP will return to UK under the Tories

    April 14, 2010

    ADVERTISING mogul Sir Martin Sorrell dealt a blow to Labour yesterday by claiming he would relocate WPP, the world’s largest advertising firm by revenue, back to London if the Tories are elected. The firm shifted its tax base to Ireland over 18 months ago in protest at what it estimated as tens of millions of [...]

  • ELECTION2010

    April 14, 2010

    Tories pass 40 per cent mark Today’s YouGov poll for the Sun shows the Conservatives gaining considerable ground. Their lead has0 widened to nine points, with a 41 per cent share of the vote, while Labour is up two points at 32 per cent. That puts the Tories on course to win a comfortable majority [...]

  • Sky chief says Ofcom ruling to hurt industry

    April 14, 2010

    SKY chief executive Jeremy Darroch yesterday launched a scathing attack on Ofcom, claiming the watchdog has endangered smaller channels and will hamper creativity. Speaking at the Mip TV conference in Cannes he said Ofcom’s decision to slash the prices Sky can charge for its content will distort the whole pay TV industry and will have [...]

  • Crunch meeting for Premier shareholders

    April 14, 2010

    PREMIER League shareholders will meet this afternoon to discuss a series of key issues affecting football’s top flight governing body. The Premier League board is said to be eager to offer more money to lower league clubs to help stave off the threat of administration. We revealed last month the governing body could double the [...]

  • Citigroup sheds more assets as it plans to sell hedge fund unit to SkyBridge

    April 14, 2010

    CITIGROUP plans to sell a hedge fund business with $4.2bn (£2.7bn) worth of assets to US investment firm SkyBridge Capital. The deal marks another step in Citi’s plan to shed assets. The unit had been languishing in Citi Holdings, the bank’s repository for businesses that it is trying to sell or wind down. The unit [...]

  • Ronson tops out the City’s Heron Tower

    April 12, 2010

    HERON Tower, the tallest building in the City of London, was yesterday “topped out” at a ceremony held by the developer Heron International and construction firm Skanska. The 46-storey development, near Liverpool Street Station, is to be completed in February next year and will add 40,836 square metres of commercial office space to the London [...]

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