News archive from 25 April 2016

£6.3bn PFI fiasco revealed: Full eye-watering cost to taxpayers of new schools emerges

£6.3bn PFI fiasco revealed: Full eye-watering cost to taxpayers of new schools emerges

SCOTLAND’S biggest councils owe a staggering £4.5billion for PFI projects – despite having already shelled out £1.8billion. The £6.3billion total to be paid by eight local authorities can be revealed after Edinburgh Council had to close 17 schools due...

 
Share Hunter: Prospects looking chipper for Arm Holdings

Share Hunter: Prospects looking chipper for Arm Holdings

The firm has enjoyed robust growth in recent years, propelled in large part by the mobile market, but the “Internet of things” provides ample opportunities, too. The group’s first-quarter results paint a rosy picture – sales grew by 14 per cent...

 
City news: Distilleries sector, Northern Powerhouse and UK consumer confidence

City news: Distilleries sector, Northern Powerhouse and UK consumer confidence

A surge in demand for boutique spirits such as gin is driving this rise, according to accountancy firm UHY Hacker Young. The group adds that last year saw a boom in the UK gin industry, with sales nearly approaching a record £1billion. The rising...

 
Banks facing up to a gloomy outlook: High street lenders to announce trading updates

Banks facing up to a gloomy outlook: High street lenders to announce trading updates

Barclays will reveal the impact of a dire start to the year in the investment banking sector on Wednesday, while Lloyds Banking Group and Royal Bank of Scotland will follow suit on Thursday and Friday respectively. Barclays’ results are expected to...

 
Pay ratio between bosses and employees will be '2016's hot topic'

Pay ratio between bosses and employees will be '2016's hot topic'

The widening discrepancy between shopfloor wages and soaring boardroom pay is rising up the agenda of major investors and could spark calls for companies to provide more detail about their pay ratios, according to one of the largest fund management...

Guardian, 00:08 in Business
 

The Way We Were: Football referee had a 'fine tenor voice'

MADAM, – I cannot recognise any of the players in the photograph of Kidsgrove Athletic (The Way We Were, February 20), but the referee is Gilbert (Gil) Warrilow. I often ran the touchline for Gil on a Saturday afternoon, and then saw him the following...

 

Official report admits TTIP ‘bad for Britain’

DANGEROUS transatlantic trade deal TTIP would have little economic or political benefits for Britain but instead leave US investors free to sue the government to get their hands on our public services, the government’s one and only risk assessment has...

 

USDAW Conference: Defeat of the Tories ‘down to workers’

Corbyn: Labour and the unions can protect each other JEREMY CORBYN hailed the victories of the shopfloor workers over George Osborne yesterday as he recalled the year’s fights against tax credit cuts and longer Sunday trading hours. Speaking to...

 

MPs press Hunt to get round the table

Stubborn Health Secretary dismisses proposal to trial contract by Our News Desk JEREMY HUNT dismissed a cross-party proposal to avoid an unprecedented all-out NHS strike as “opportunism” yesterday. MPs of all parties wrote to the Health Secretary...

 

Israel is paid £1,500 to free 12-year-old

ISRAEL released a 12-year-old girl, believed to be its youngest female Palestinian detainee, yesterday after nearly three months in prison. Dima al-Wawi, from a village near Hebron in the occupied West Bank, was arrested and sentenced in February for...

 

Germany: US’s TTIP salesman Obama woos Merkel

by Our Foreign Desk US PRESIDENT Barack Obama continued his farewell tour of Europe yesterday by trying to flog his unpopular trade pact in Germany. Chancellor Angela Merkel warmly greeted Mr Obama, rolling out the red carpet at Hanover’s sprawling...

 

Korea: North offers to stop testing Kim’s ‘dagger of destruction’

by Our Foreign Desk AS NORTH KOREA tested a submarine-launched missile this weekend, the regime’s Foreign Minister Ri Su Yong offered to halt nuclear weapons tests if the US ceases military exercises with the south. The north’s Korean Central News...

 

TTIP: The terrible truth

EVERY TIME we get a look at the details of EU-US trade deal TTIP and its implications we come away disgusted. Unelected, unaccountable EU bureaucrats are desperate to keep the inner workings of the treaty under wraps for the simple reason that it will...

 

Polling headlines hide truth about Labour

by Charley Allan LAST week started off badly for Labour-loving poll-watchers, with two firms, ComRes and ICM, both claiming the Tories were five points ahead across the country. But it’s worth making a couple of observations before we dig any deeper....

 

Your paper: Shining bright for 50 years

Half a century ago, the Daily Worker became the paper you now hold. Editor BEN CHACKO explains why it’s more vital than ever before FIFTY years old today! I hope many of you can join us at our birthday bash at the 100 Club in London tonight. It’s...

 


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