News archive from 12 October 2013

Members of Unite vote in favour of strike action against Ineos as refinery row continues

Members of Unite have voted overwhelmingly to strike against chemicals giant Ineos. Yesterday the trade union served notice of a 48-hour strike, which will start on Sunday October 20 at 7am. Staff at Ineos's Grangemouth refinery in Falkirk began...

 

Boss Jamie Dimon loses his magic touch as JPMorgan slumps to its first quarterly loss in eight years

JPMorgan has slumped to its first quarterly loss in eight years after being hit by £5.7billion in legal costs. The firm plunged £250million into the red in the three months to the end of September, down from a £3.6billion profit in the same period...

 

George Osborne defends Help to Buy scheme in face of criticism and Bank's pressure to obtain power to...

The Chancellor is refusing to make concessions on the Help to Buy mortgage guarantee scheme in the face of sharp criticism from the International Monetary Fund, opposition politicians and some City economists. "It is good news that Barclays has...

 

Lloyds sells its Aussie business BOS International to Australian bank Westpac for £900m

Lloyds has finally pulled the plug on its disastrous Antipodean adventure, selling its Australian businesses for around £900million. The state-backed lender has sold troublesome corporate lending division BOS International to Australian bank Westpac....

 

ALEX BRUMMER: Battle looms for home loans as Osborne presses ahead with Help to Buy

When it comes to the Help to Buy scheme George Osborne is allowing no prisoners to be taken. Despite the opposition from across the political spectrum, from City economists and the scepticism of the International Monetary Fund, the Chancellor is...

 

MARKET REPORT: Royal Mail float delivers a profit bonanza

It was delivered to Joe and Joan Public on a plate. An immediate first-class paper profit bonanza on a £750 investment after Royal Mail's shares rocketed when conditional dealings began. City dealing rooms had expected the heavily 20 times...

 

Matalan issues profit warning as it blames warm summer weather for poor sales of its autumn winter collection

Troubled Matalan has issued a profit warning blaming the warm summer weather on poor sales of its autumn winter collection. The privately-owned discount clothing chain - which has recently turned to model and Strictly Come Dancing star Abbey Clancy to...

 

RUTH SUNDERLAND: Short-termism still holds back Britain

How does the Government's commitment to pushing through £100billion of investment in infrastructure square with the deeply ingrained impulse, in politics and on the markets, to go for the quick gain? No one disputes the need to improve our dilapidated...

 

Hunting for high income? Top 10 income-paying companies in the UK revealed

In the middle of the Royal Mail trading frenzy, where armies of small investors sold up as soon as humanly possible, it is easy to forget that many others were not motivated by a quick profit, but actually hoped to be long term investors in order to...

 

Defence firm Chemring counts cost of US crisis as it issues another profit warning

The impact of the US government shutdown has reached the UK, writes Rupert Steiner. Defence firm Chemring issued the latest in a series of profit warnings yesterday, this time blaming delays in US orders for torpedoing around £8million of full-year...

 

Wonder drugs cut toll of strokes by 40%: How the use of statins has helped thousands control their blood...

Strokes have fallen by 40 per cent in just 16 years thanks to the growing use of statins. The prescribing of blood pressure drugs have also helped cause rates to plummet among older people - those most vulnerable to their devastating effects. Huge...

Daily Mail, 00:08 in Health
 

Actor's Smooth move into Strictly

Waterloo Road actor Mark Benton is ditching the comedy routines to go for a change of pace with a serious American Smooth on this week's Strictly Come Dancing. Benton, 47, is donning a tuxedo for his ballroom number with professional partner Iveta...

 

One dead, 60 hurt as tourist train, truck collide in West Virginia

The diesel train carrying at least 60 passengers, was about 50 minutes into its crawl through dense spruce forests in the high country wilderness when the collision occurred at 1:30 p.m. near Cheat Bridge, said Amy Shuler Goodwin, spokeswoman for...

 

The face cream which will keep your skin glowing through the menopause... but a pot will set you back £85

As any woman of a certain age will know only too well, the menopause can wreak havoc with your complexion. But scientists claim to have found a solution - with the first face cream specifically formulated for menopausal women. According to its...

Daily Mail, 00:26 in Health
 

Find it difficult to look on the bright side of life? Don't worry, it's down to your GENES: DNA predisposes...

29 View comments If your glass is always half empty, it could be down to your genes, according to scientists. Some people are genetically predisposed to see the world negatively, and to experience emotional events more vividly than others - especially...

Daily Mail, 00:26 in Health
 


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