WHAT THE OTHER PAPERS SAY THIS MORNING June 9, 2010 FINANCIAL TIMES BACKLASH OVER INDIAN FLOAT RULES India is facing a growing private sector backlash against a rule change that will lead to a flood of more than $50bn of new shares being listed over three years. There are concerns that the move could damage the country’s stock market and hamper economic growth. The Finance [...]
Pru board’s perks revealed in their employment contracts June 7, 2010 PRUDENTIAL chairman Harvey McGrath may have soaked up most of the pressure at yesterday’s annual general meeting, but at least he didn’t have to think about driving home. The former head of Man Group is entitled to a chauffeur-driven car as one of his perks at the helm of Prudential’s board, according to contracts seen [...]
WHAT THE OTHER PAPERS SAY THIS MORNING May 27, 2010 FINANCIAL TIMES COMMODITIES SURGE AFTER WARNING ON HURRICANE SEASON Oil and natural gas prices surged on Thursday as the US government said this year’s hurricane season could rank among the most active to date, comparable to years that brought such devastating storms as 2005’s Katrina and Rita. The outlook raises the possibility of damage to [...]
Q&A: PAYE May 20, 2010 Q. I have recently started my business and I am in the process of hiring staff, what should I know about PAYE? A. Pay As You Earn (PAYE) is the way that HMRC collects income tax and national insurance. As an employer once you start hiring people you have a legal obligation to collect PAYE [...]
WHAT THE OTHER PAPERS SAY THIS MORNING May 20, 2010 FINANCIAL TIMES GOOGLE DEBATES OVER FACE RECOGNITION TECHNOLOGY Google executives are wrestling over whether to launch controversial facial recognition technology after a barrage of criticism over its privacy policies. Eric Schmidt, chief executive, said a series of public disputes over privacy issues had caused the management team to review its procedures and the launch of [...]
‘BIGOTGATE’ GAFFE HITS GRINNING GORDON WHERE IT HURTS MOST April 28, 2010 SPREAD betting firms always pride themselves on having a finger on the pulse, so it’s a bleak lookout for Gordon Brown if general election seat spreads yesterday were anything to go by. Brown (as even strictly cloistered Martians will know by now) yesterday committed a political gaffe of monolithic proportions, simpering to the UK’s newest [...]
Admiral on track to hit its targets as turnover rises April 28, 2010 MOTOR insurer Admiral said its performance in the first quarter put it on track to meet analyst expectations for 2010 as turnover was boosted by the firm insuring more cars. Admiral said yesterday that sales for the first three months of the year increased to £345m – 28 per cent higher than the same period in [...]
Limited near-term economic impact April 19, 2010 WITH no aircraft allowed to enter or leave the UK since 15 April due to the volcanic ash, disruption and problems for the economy have been widespread. But the overall impact for the UK should be limited, especially as British airspace is poised to reopen. There is, however, a not insignificant risk the problem could [...]
He’s seen off his own PM, but now the chancellor must beat the Tories April 14, 2010 WHEN all politicians around him are losing their heads, Alistair Darling is intent on keeping his. Having seen off an attempt to replace him with Gordon Brown’s favourite apparatchik Ed Balls – who wanted to use Labour’s final Budget to make vote-winning spending promises – the famously low-key chancellor says the new enemies of prudence [...]
WHAT THE OTHER PAPERS SAY THIS MORNING April 13, 2010 FINANCIAL TIMES BEEF PRICE SURGES FOLLOWING HARSH US WINTER Beef prices are soaring after cattle failed to fatten up during the harsh US winter and cash-strapped ranchers culled herds to cope with the recession. Cattle futures have risen more than 20 per cent since December and are again flirting with $1 a pound, a milestone [...]