Real Madrid top Deloitte Football Money League as Champions League revamp boosts Premier League’s rivals
Fastest price rises since CPI began in 1996 October 18, 2011 CONSUMER prices increased at a record rate in the year to September, the Office for National Statistics (ONS) said yesterday. The consumer price index (CPI) rose to 5.2 per cent – the highest since it was introduced in 1996, and equal to the peak in September 2008. The figure was 4.5 per cent in the [...]
British Gas chief warns hike in energy prices will continue October 17, 2011 HOUSEHOLD energy bills will continue to rise despite government measures, industry bosses warned yesterday as government ministers met the “Big Six” energy companies for talks. Phil Bentley, the managing director of British Gas said that prices in the longer term would keep increasing because of the rising cost of gas on the international market and [...]
A few cold facts in the debate on high energy bills October 17, 2011 AT YESTERDAY’S energy price summit, David Cameron pledged that he would do whatever he could to bring down the spiralling cost of energy bills. There is only one problem: the coalition’s own costly green energy policies, which threaten to raise energy prices even further in coming years. David Cameron’s energy advisers recently warned him of [...]
Make the most of half term and indulge your childish side as well October 17, 2011 THINGS TO DO LION KING 3D IMAX Everyone loves a bit of Lion King, and when it not only promises to be in 3D but also extra big on the IMAX screen, this offering is impossible to resist. 2-27 October, child ticket: £11, adult ticket: £16. LONDON ZOO Always a great place to take the [...]
America’s solar scandal is a warning: Bankrupt climate policies boost tax, not jobs October 11, 2011 IN SEPTEMBER 2009, the United States Department of Energy gave a $530m (£339m) loan guarantee to the solar company Solyndra. President Barack Obama said at the plant: “It’s here that companies like Solyndra are leading the way, towards a brighter and more prosperous future.” In September 2011, the company collapsed, the jobs which the Vice [...]
Greggs reports sales rise October 6, 2011 High street baker Greggs posted a slight acceleration in sales growth in its third-quarter, showing resilience in the face of severe macroeconomic headwinds. Greggs, which sells bread, sandwiches, savouries and cakes to over 6 million customers a week from 1,540 shops, said sales at stores open over a year rose 0.8 percent in the 13 [...]
Rising sun set to shine again September 28, 2011 THERE is a strong argument that Japanese equities are undervalued. Although the macro situation remains bleak, this doesn’t preclude companies from turning a profit – particularly on the back of Chinese demand. A GOOD DEAL Ben Seager Scott of Bestinvest says “Japan is looking like a fairly attractive investment opportunity at the moment, with cheap [...]
WHAT THE OTHER PAPERS SAY THIS MORNING September 16, 2011 FINANCIAL TIMES BTG PACTUAL LOOKS AT IPO AS IT EYES EXPANSION BTG Pactual, Brazil’s largest independent investment bank, is looking to hold an initial public offering as early as next year as one option to fund an ambitious expansion in Latin America. The move comes as the bank is also strengthening its foothold in Asia [...]
Next upbeat on 2012 while earnings rise September 14, 2011 NEXT yesterday said there was a chink of light amid the retail gloom as it forecast a pick-up in sales in 2012. The retailer said there had been a “perfect storm” in 2011 with customers squeezed by surging energy bills, the slowdown in government spending and a hike in VAT. However, pre-tax profits for the [...]
Factory input costs fall but prices stay high September 9, 2011 Prices for manufactured UK goods stuck at a record high in August despite a fall in the costs of raw materials as fuel costs dipped, official data shows. Factory gate inflation stayed at July’s upwardly revised reading of 6.1 per cent, the highest annual rate since October 2008. Analysts had forecast a 5.9 percent increase. [...]