News archive from 17 October 2013

UK companies raise ad budgets as confidence grows - survey

The numbers add to recent signs of improving business confidence in Britain and improved macro-economic data. They also chime with comments from the industry, with WPP (WPP.L), the world's largest advertising agency, having in August slightly raised...

Reuters, 00:07 in Business
 

Canadian government promises balanced budget law, sees free trade with EU

It also said it would soon wrap up free trade talks with the European Union, and announced that Prime Minister Stephen Harper would travel to Brussels on Thursday "with the goal of concluding the ... negotiations." The Conservatives, who...

Reuters, 00:07 in Business
 

Cook is our man for all reasons: skipper deserves greater respect, says Jimmy

Jimmy Anderson has launched a passionate defence of Alastair Cook's captaincy, with England only a week away from flying to Australia to defend the Ashes. Cook was the subject of non-stop sledging from the sidelines by Shane Warne during England's 3-0...

Daily Mail, 00:11 in Sport
 

Southgate: None of my Under 21 stars are ready to be picked as World Cup wildcards

Gareth Southgate has attempted to defuse the hype around England's exciting Under 21 squad by insisting none are ready to pick as World Cup wildcards. The Under-21s produced their most entertaining performance for some time on Tuesday when they...

Daily Mail, 00:11 in Sport
 

Arsenal ace Ramsey promises even more after netting his 10th of the season

Aaron Ramsey has claimed his goal-rush this season is a result of a cool head as he predicted his best was still to come. Arsenal's midfielder found the net for the 10th time this season for club and country after earning Wales a surprise draw in...

Daily Mail, 00:11 in Sport
 

MPs voice concern at Chancellor's move to let in Chinese banks

The Treasury Select Committee has raised the alarm about the Chancellor's landmark deal with Chinese banks. Its chairman, Andrew Tyrie MP, yesterday voiced concerns that the Government may be relaxing financial safety rules in a bid to cosy up to the...

 

Glaxo's China chief Mark Reilly faces bribes quiz as he secretly returns to the country

The British former head of GlaxoSmithKline's Chinese operations has secretly returned to the country and is assisting authorities with their bribery investigation. Mark Reilly left China in July just before police arrested four senior GSK executives...

 

Markets rally as US Senate strikes last-minute deal to avoid debt default and end government shutdown

Shares on both sides of the Atlantic rose last night as the United States struck a last-ditch deal to raise the country's debt ceiling and reopen the government. Political leaders in the Democrat-controlled Senate secured a cross-party agreement to...

 

Mobile phone firm EE warns of threat to 4G services as it could put UK investments on hold

The UK's biggest mobile phone company could put millions of pounds of investment on hold after facing soaring charges from the industry regulator. EE, a collaboration between Orange and T-Mobile, has warned privately that it may not be able to pump as...

 

Ineos gives an ultimatum on cost cuts as it threatens to close Grangemouth plant

Petrochemicals firm Ineos could close its Grangemouth fuel plant for good, putting thousands of jobs at risk as relations with its trade union broke down. Group director Tom Crotty said the firm would put a cost-cutting proposal directly to the...

 

ALEX BRUMMER: America needs a more permanent solution to its budget deadlock

It was always unthinkable that the US Congress would leave President Obama with the Hobson's Choice of allowing the federal government to default on its debt or suspend welfare payments to the most vulnerable in society. Default would have undermined...

 

MARKET REPORT: Anite's profits warning dismays investors and sparks share sell-off

Another dire profits warning from Anite had investors stampeding for the exit. Shares of the Slough-based mobile handset and network testing group collapsed 35.75p or 32 per cent to a low of 76.75p after it warned sales and profits were being held...

 

'UK aid budget is not just about alleviating poverty': Justine Greening's real world reform of foreign aid

Justine Greening has one of the toughest jobs in British politics. She is required to defend Britain's £10billion-plus foreign aid in a period when most people in Britain have suffered fierce cuts in living standards and welfare budgets at home are...

 

Suspects 'held over Qatar murder'

Police have arrested multiple suspects in connection with the murder of a British primary school teacher in Qatar, local authorities said. Lauren Patterson, 24, was reportedly last seen leaving a five-star hotel in Doha with a group of men in the...

 

'Exemplary' damages win for robber

A foreign national jailed for 12 months for robbery has been awarded £25,000 damages because he was detained too long while attempts were made to deport him. In June last year, the High Court ruled that Algerian citizen Aziz Lamari should have been...

 


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