News archive from 11 December 2013, page 5

ALEX BRUMMER: Peter Long's Dreamliner increase plans set to prove a smart move

One of the best and most surprising aspects of my retreat to Minorca in August was the carrier. Thomson, only one of two airlines directly connecting to one of the smaller Balearics, flew us out on the Boeing 787 Dreamliner. After some initial...

 

MARKET REPORT: Discount broker Hargreaves Lansdown at a record high amid earning upgrade talks

If you would have told Peter Hargreaves and Stephen Lansdown when they founded Hargreaves Lansdown 32 years ago, trading initially from a dimly-lit bedroom in Bristol, that one day their business would be worth around £6billion and be a Footsie star,...

 

CITY FOCUS: Winser London is fashioning a future on the High Street

Walking the floor of luxury department store Harvey Nichols with Kim Winser, it is clear her eponymous new fashion venture has got off to a flying start. Not yet a year old, Winser London is the latest foray for the seasoned retailer who was once...

 

Households have 39 days to dump E.ON before energy giant raises prices by an average of £49

E.ON customers have 39 days to switch to a cheaper deal before their bills jump by up to 4 per cent. E.ON was the last of the Big Six to raise its prices, increasing bills for four million gas and electricity customers by an average of...

 

Santander in ten-day low cost loan war as lenders try to attract more borrowers ahead of Christmas

Lenders are slashing interest rates on personal loans in a heated fee war to attract more borrowers just ahead of Christmas. Santander is the latest lender to cut the cost of borrowing, reducing rates on loans of between £5,000 and £15,000 in a...

 
India firms in telecom infrastructure deal

India firms in telecom infrastructure deal

Two of India's biggest firms, Reliance Industries and Bharti Airtel, have agreed to share telecom infrastructure. They will share optic fibres, submarine cable networks, telecom towers and internet broadband services. Reliance is looking to launch a...

BBC, 02:10 in Business
 

Bad education: X Factor reject Tamera Foster hits the town with controversial ex-contestant Katie Waissel

She was one of this year's more controversial contestants on The X Factor before her exit in Week 8. So it seems only right that Tamera Foster has joined forces with fellow X Factor 'bad girl' Katie Waissel. The 16-year-old wannabe was spotted...

 

She's got a new day job: Lydia Bright wears floral dress and Chanel heels to present fashion on This Morning

She left TOWIE to focus on her business endeavours, but now Lydia hit ITV screens again to talk about fashion on This Morning. The former reality star was invited on the show to talk about sparkly dresses for the winter season, but rather than going...

 

Tom Pearce and Pascal Craymer get close in a hot tub, to his ex Lucy Mecklenburgh's despair in TOWIE...

They were humiliated by Lucy Mecklenburgh and Mario Falcone in the last series, and now Tom Pearce and Pascal Craymer have got their own back. In the TOWIE Christmas special, Tom and Pascal get up to a bit of hot-tub flirting as the Essex clan head to...

 

'20 classrooms of kids' a day take up smoking

"The equivalent of 20 classrooms-full of children take up smoking every day in the UK," reports The Independent. This disturbing headline comes from estimates of the number of children between the ages of 11 and 15 who start smoking each...

 
Fracking support from government climate change adviser

Fracking support from government climate change adviser

Britain should push ahead with fracking, the chairman of the government's advisory body on climate change has said. Lord Deben said exploiting Britain's shale gas reserves would provide a secure source of energy for decades without wrecking the...

BBC, 02:51 in Business
 
Nelson Mandela's Coffin Goes On Public View

Nelson Mandela's Coffin Goes On Public View

Tens of thousands of South Africans are expected to line the streets of Pretoria to pay their respects as the body of Nelson Mandela is taken to lie in state. The former leader's remains will be moved from a military hospital to the grand setting of...

 

'Patent box' encourages GSK to invest $330 mln more in UK

Last year GSK announced it was building its first new factory in Britain for 40 years as a result of the scheme. The latest move will help it ramp up output of new lung drug Relvar, produce the long-established antibiotic Augmentin and develop...

Reuters, 04:00 in Business
 

BoE policymaker: Securitisation could boost lending to business -FT

Securitisation, in which banks bundle pools of loans and sell the resulting package to raise funds for lending, was discredited in 2007 when underlying mortgages defaulted, triggering the global financial crisis, which resulted in banks having to be...

Reuters, 04:00 in Business
 
Uruguay becomes first country to legalise marijuana trade

Uruguay becomes first country to legalise marijuana trade

A government-sponsored bill approved by 16-13 votes in the Senate provides for regulation of the cultivation, distribution and consumption of marijuana and is aimed at wresting the business from criminals in the small South American nation. Backers of...

 


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