Good tax cuts drowned out by a series of silly errors March 21, 2012 SOMEBODY like me – a believer in lower taxes and less government intervention – ought to love this Budget. I certainly like the fact that the top rate of tax will fall by five percentage points (even if this will only happen in 13 months’ time), and that corporation tax is being cut to 24 [...]
Centamin sees production rise January 17, 2012 Gold producer Centamin has posted a 10 per cent rise in fourth-quarter output, boosted by higher production rates at its flagship Sukari project. Egypt-focused Centamin was hit in the second quarter by local restrictions on blasting, which, along with supply disruptions in the first quarter, forced the company to reduce its 2011 production guidance to [...]
Oil hits $100 due to Suez supply fears January 31, 2011 OIL surged over $100 a barrel for the first time in more than two years yesterday as investors feared the turmoil engulfing Egypt could disrupt shipments passing through the Suez canal and impact supply. Brent crude for March, the global benchmark, leapt by $1.59 to settle at $101.01 a barrel – the highest since Lehman [...]
UK firms hit as tensions in Egypt mount January 31, 2011 THE FTSE 100 closed down 0.2 per cent yesterday at 5,862.94 after a day of jitters fuelled by the escalating tensions in Egypt. The death toll reached over 100 as violent clashes in Egypt continued into their seventh day, with protesters calling for President Mubarak to stand down. Travel firms were hit hardest, with their [...]
WHAT THE OTHER PAPERS SAY THIS MORNING July 22, 2010 FINANCIAL TIMES TARGETFOLLOW SEEKS MPS’ HELP The owner of a large property portfolio that includes the Centre Point tower in London has enlisted the help of his local MPs to stave off administration after loans of more than £200m provided by Lloyds expired on Thursday. Targetfollow, the Norwich-based property developer managed by Ardeshir Naghshineh, has [...]
Liverpool embark on odyssey to Madrid April 20, 2010 LIVERPOOL are due to finally arrive in Madrid this afternoon, more than 24 hours after they and Fulham both embarked on mammoth journeys in order to reach their Europa League semi-finals. The Reds, who face Atletico Madrid tomorrow night, began an odyssey by road, rail and air yesterday afternoon. A handful of coach rides, three [...]