News archive from 12 September 2013

MARKET REPORT: Bulls are super confident ... Cash-rich fund managers give IPOs lift-off

Bulls are super confident. The great City float race means the London stockmarket should be set fair for the final quarter. So far this year 16 Initial Public Offerings, or IPOs, have listed on the London Stock Exchange, raising a total of...

 

Competition watchdog paves way for government sale of Lloyds stake

Britain's competition watchdog approved on Wednesday night plans by Lloyds Banking Group to offload more than 600 branches - paving the way for the Government to sell its stake in the lender. Lloyds this week spun off 631 branches under the TSB banner...

 

Store closures help Thorntons move back into the black

Shutting stores and stemming falling sales helped chocolatier Thorntons move back into the black. The group made pre-tax profits of £5.2million last year, compared to a loss of £2.2million the year before, as sales ticked up 1.8 per cent to...

 

Kingfisher rents out floor space to cushion its costs

B&Q owner Kingfisher is cutting costs by renting swathes of its unwanted floor space to supermarket retailers. The first Asda has already opened within a B&Q in London's Bexley and Britain's biggest home improvement chain, which yesterday...

 

ALISTAIR DARLING INTERVIEW: Too soon to start popping corks, warns former Chancellor

There is no doubt in Alistair Darling's mind - the US government should not have let Lehman Brothers fail. "I couldn't believe it,' says the silver-haired Scot, who was the British Chancellor of the Exchequer when the US investment bank filed...

 

Housebuilder Barratt Developments hails best outlook for five years

Housebuilder Barratt Developments yesterday put five dismal years behind it as it unveiled its first dividend since the financial crisis struck. The company reported a 73.7 per cent jump in full-year profits to £192.3million on the back of a 12.2 per...

 

ALEX BRUMMER: Rapid employment surge scares the horses

In every generation a different set of economic data assumes great importance. In the Wilson-Callaghan era it was the trade figures and their impact on the sterling. Under Margaret Thatcher the money supply was the be all and end all. And in the...

 
Medical experts propose hospital doctors treat patients at home

Medical experts propose hospital doctors treat patients at home

The Future Hospital Commission suggests that professionals' healthcare for the elderly and frail needs to be integrated. Photograph: Peter Titmuss/Alamy Patients could in future be treated at home by hospital doctors under plans for a revolution in...

Guardian, 00:06 in Health
 

JONJO SHELVEY EXCLUSIVE: I had to quit Liverpool... I couldn't just sit on the bench and pick up the money

Jonjo Shelvey has never had a problem with his fiancee's cooking, but he didn't think twice about dropping his fork and charging out of the door on July 2. It just might be the most significant run of his career so far. That morning he'd reported for...

Daily Mail, 00:06 in Sport
 

Mayweather: Alvarez is just another fighter... he doesn't do anything I haven't seen before

Floyd Mayweather has dismissed Saul Alvarez as 'just another opponent' ahead of their fight for the Mexican's WBA and WBC light middleweight titles. The two are to fight on Saturday evening at the MGM Grand in Las Vegas when even though Alvarez is the...

Daily Mail, 00:06 in Sport
 

Khan loses Dubai appeal as hopes of world title fight in Arabian desert slowly fade

Amir Khan's hopes of becoming the first Muslim boxer to fight for a major world title in the Arabian desert look to be evaporating. Khan arrives in Las Vegas today to see whether Floyd Mayweather can defend his unbeaten record against Mexican prodigy...

Daily Mail, 00:10 in Sport
 

EU exit bad for most British businesses, poll suggests

Of 415 firms surveyed by the research company YouGov, 78 percent thought staying in the EU would be in their best interest. Ten percent thought it would be better to leave and 12 percent were not sure. ( link.reuters.com/hyp92v ) A separate poll on...

Reuters, 00:11 in Business
 

School 'should start at 6 or 7'

Children should not start formal school lessons until they are six or seven because of the "profound damage" the current education system is causing, a group of experts has warned. An early focus on play should be introduced as part of a...

 

Jobs figures reveal mixed picture

Mixed signals have emerged from the jobs market as unemployment fell by 24,000 but those forced to take part-time work hit a record high and a north-south jobs divide widened. The number of unemployed dropped to 2.49 million in the three months to...

 

'Shocking' NHS fatality figures

Patients in NHS hospitals in England are 45% more likely to die in hospital than patients in the USA, according to figures compiled by an eminent doctor and statistician. Professor Sir Brian Jarman - who invented the hospital standardised mortality...

 


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