Jewel thieves escape with £380,000 haul

first_img Share Show Comments ▼ More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org A gang of four thieves wearing balaclavas smashed their way into luxury jeweller De Beers, in the Royal Exchange, with sledge hammers in a five-minute raid on Saturday night.They targeted diamonds before breaking into neighbouring watchmaker Omega in a move described by one source as an afterthought.The dramatic CCTV images released by the police show the men piling handfuls of jewelery into white sacks and scouring the stores for the most expensive items.The thieves then made their escape in the same red BMW they arrived in.Police sources, including a former member of the Scotland Yard Flying Squad, are speculating the gang may have had an inside man who tipped them off about security weaknesses.Royal Exchange, which houses some of London’s most expensive retailers, was allegedly protected by only a small lock and a series of glass doors.Police are now sifting through hours of CCTV footage in a bid to track the men.A City of London police spokesman said: “The force is treating this incident very seriously. A team of dedicated detectives from the City of London Police is currently involved in the investigation and is liaising with other police forces.”The spokesman added: “One of the reasons this type of crime is rare in the City is the protection offered by the network of CCTV cameras that cover the City. These include private cameras in and around the Royal Exchange, which officers are now analysing as one line of enquiry.”Police are appealing for witnesses or information leading to the capture of the men or their vehicle. No arrests had been made last night. MASKED raiders escaped with £380,000 worth of jewellery and watches after a brazen smash and grab at a City arcade. whatsapp whatsapp KCS-content Monday 16 August 2010 8:11 pm Tags: NULL Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoCrowdy FanShe Didn’t Know Why Everyone Was Staring At Her Hilarious T-ShirtCrowdy FanUndoBetterBe20 Stunning Female AthletesBetterBeUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoMoneyWise.com15 States Where Americans Don’t Want To Live AnymoreMoneyWise.comUndoinvesting.comCanceled TV Shows Announced: Full Updated Listinvesting.comUndo Jewel thieves escape with £380,000 haul last_img read more

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TITANS OF BUSINESS SET TO CLASH AT GOODWOOD REVIVAL FESTIVAL

first_img Show Comments ▼ TITANS OF BUSINESS SET TO CLASH AT GOODWOOD REVIVAL FESTIVAL More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgConnecticut man dies after crashing Harley into live bearnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org Thursday 16 September 2010 8:15 pm whatsapp THE LOVE affair between businessmen and their fast cars is certainly alive and kicking.This weekend marks the Goodwood Revival historic motorsport and aviation festival, as over 132,000 attendees prepare to head down to Sussex for two days of immersion in classic cars and planes. And The Capitalist hears that among those competing on the track will be a surprisingly large number of City types, enjoying a bit of a break from the daily grind.Orange chief executive Tom Alexander will be there taking a 1951 Aston Martin DB2 for an adrenaline-fuelled spin; former peer Baron Laidlaw, the businessman who earlier this year refused to become domiciled in the UK for tax purposes, will be hopping over from Monaco to get behind the wheel of a Maserati 250S; and Shaun Lynn, the president of inter-dealer broker BGC Partners, will be driving his own 1961 lightweight Jaguar E-type.JCB chairman Sir Anthony Bamford’s rare and pricey 1962 Ferrari 250 GTO is being driven by his son Joe, while Tesco group strategy director and BSkyB non-executive Andrew Higginson is leaving the driving to the professionals. He’s entered his 1959 Austin A40, which he’s entrusting to the capable hands of racing driver Oliver Gavin.SPINNING AROUNDSimon Lewis, former Prime Minister Gordon Brown’s spokesman until the general election earlier this year, is set to step through a new set of doors at the beginning of October. .Lewis, who had been director of communications at Number 10 for almost a year before the coalition came into power, is to lead the Association for Financial Markets in Europe (AFME).As chief executive of AFME – created out of the merger of LIBA and SIFMA Europe – he will be tasked with lobbying regulatory and government officials on behalf of the industry.Earlier in his career Lewis spent a period in financial PR and lengthy stints at Vodafone and Centrica. In contrast, after the election, he spent just a couple of months in an interim communications advisory role at UKTI.BEER GOGGLESIn zooms an email containing lengthy ruminations from Unicredit’s resident economist Alexander Kock… on Munich’s upcoming Oktoberfest, of all things.Kock is up in arms over the cost of heading to Oktoberfest, which is apparently climbing up at a much steeper rate than the general consumer price index. In order to calculate how much steeper, he’s developed a Wiesn Visitor Price Index, breaking down the cost of visiting to two Mass (two litres) of beer and half a grilled chicken, plus the price of public transport.“The development of the individual price components reveals that prices have risen disproportionately since 1985,” Kock writes, adding that beer has risen the fastest, by over four per cent per year. The upshot? Oktoberfest’ll cost you, 3.4 per cent more than last year, to be precise – and well above the expected inflation rate of 1.2 per cent.Luckily, to ease the pain of the actual hangover, Kock also kindly included a ten-point guide to avoiding feeling like death the morning after – water, eating plenty of sausages to soak up the alcohol, you know the drill. If all else fails, an hourly dose of vegetable broth should do the trick for the remaining beer toxins, as well as copious amounts of chocolate and pizza.“Of course – to quote Benjamin Franklin – an ounce of prevention is worth a pound of cure,” Kock muses. “But experience teaches that this is easier said than done…” Quite.SADDLE SOREA cautionary tale from the City with regard to the so-called “Boris bikes”, courtesy of Baker Tilly’s cheery head of capital markets Chilton Taylor.Taylor tells me he’s been on the bike trail for four days so far, though only the first of those days has been entirely successful. On the second day, he encountered three separate bikes which could not be released from their docking stations, while on the third day, the gears failed half way through his journey back home.On the fourth day, he rose again to the challenge, but passed four empty stations before having to walk a mile to find a bike. Adding insult to injury, Taylor then proceeded to ride for a grand total of two minutes in exuberant style before his trousers split down the seams. Best stick to the Tube in future?IRON WOMANFinally, congratulations to Berwin Leighton Paisner’s resident exercise junkie, real estate finance lawyer Jill Parker. I hear Parker won the World Amateur Triathlon Championships in Hungary at the weekend – coming first in the 30-34 Olympic-distance women’s race by over three minutes and competing against 2,800 athletes from around the globe. That’s a 1.5km swim, a 40km bike ride and a 10km run, just to drill it home for the faint-hearted. KCS-content center_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com Share Tags: NULLlast_img read more

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BEST OF THE BROKERS

first_img BEST OF THE BROKERS Share Tuesday 21 September 2010 7:17 pm whatsapp Tags: NULL Show Comments ▼ BARCLAYSRoyal Bank of Scotland (RBS) expects that negative operating trends will reverse and a ‘new world’ Barclays is set to deliver. The broker reiterates a “buy” rating for the bank with a 410p price target. Gradual profit and loss momentum, fluidity and execution of group strategy are key to a sustained re-rating, according to the broker.TULLOW OILKillik & Co has initiated coverage of Tullow Oil with a “buy” recommendation. The broker says, so far this year, Tullow’s stock has underperformed the sector in spite of the robust oil price and positive exploration newsflow. The broker believes the recent uncertainty emanating from Uganda provides buying opportunity.DIAGEODiageo has started the year strongly in Asia, says Evolution Securities, which reiterates a “buy” stance for the group. The broker says Diageo is gaining share in most markets, and its Chinese business is strong. With the first quarter trading likely to be strong, earnings risks are set to skew to the upside, says the broker. KCS-content whatsapp Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Prooflast_img read more

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Immigration cap is City’s biggest complaint

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople Today Sunday 3 October 2010 10:15 pm Immigration cap is City’s biggest complaint Share Show Comments ▼ whatsapp KCS-content center_img whatsapp MARIA from the Home Office called me about a recent key-worker visa application at 9.00am and suggested, in no uncertain terms, that she drop by for an immigration audit at lunchtime. We settled on teatime the next day. Britain’s clampdown on skilled migrant workers is in a rush. My encounter with Home Office enforcers last week was typical of a new trend. Visa numbers cut. Visa lengths shortened. Key skill shortages holding up projects. Business going overseas where qualified workers can more easily settle. I talk to City people every day and the single greatest source of complaint has recently become the arbitrary implementation of the governments new interim immigration cap.This cap, installed in July ready for new rules in April, is proving bad for business, they tell me. Companies operating in global markets, employing the best workers from around the world, are finding that they are getting to the front of the queue and finding that the shop is shut. In a globalised world, no one country has all the skills it needs. One of the great things about globalisation is the way the best people work together on international projects, exchanging ideas from around the world and producing innovative, cost-effective products.The government’s policy, due to be finalised by April, should be encouraging this. Or else Britain will be handing a competitive advantage to economies offering a more welcoming regime. At a time when we need more economic growth to pay off the nation’s debt, it seems crazy to many CEOs that the government is bringing in a twenty first century “brain block”.With millions of people on benefits, the immigration minister Damien Green is right to expect companies to “look to fill vacancies from the resident labour force before they look for skills outside the UK”.But every time a British company compromises on the quality of its human resources, it loses an edge and foreign competitors can steal some market share here, some margin there. Before long the British company is out of business.Companies are increasingly breaking cover and saying publicly that they are frustrated by having one hand tied behind their back. GlaxoSmithKline, International Business Machines, General Electric, J.P. Morgan Chase and Deutsche Bank are amongst those businesses expressing concern in one way or another. Even the CBI last week seemed to be changing its stance, calling on the government to prioritise skilled workers with a job offer.On the government benches, Vince Cable seems to agree. He told the BBC’s Today programme that he was “optimistic” current discussions with the Home Office would lead to a “more flexible system that worked for the benefit of Britain in general”.Just to be clear, my friends in the City are not rejecting controls on immigration. The current system has lost credibility. But it seems unreasonable that British businesses, growing the payroll after recent recessionary cut-backs, are being rationed to 24,100 non-EU key-worker visas when 360,000 non-EU student visas were granted in the year to June, mostly to non-degree courses.Most people see the need for better immigration controls. What we don’t need is an arbitrary cap that puts key-workers at the back of queue, making British business uncompetitive and hampering Britain’s future economic growth. The government should listen to Britain Plc and rethink how it handles the annual limit.James Bethell is director of Westbourne Communications. More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comMark Eaton, former NBA All-Star, dead at 64nypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comWhy people are finding dryer sheets in their mailboxesnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comConnecticut man dies after crashing Harley into live bearnypost.com Tags: NULLlast_img read more

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China warns EU it will not back down

first_img Show Comments ▼ Share Read This Next’Kevin Can F**k Himself’: Here’s Why Only Allison and Patty Are SeenThe Wrap20 Stars Who’ve Posted Nude Selfies, From Lizzo to John Legend (Photos)The Wrap’Batwoman’: Wallis Day on Circe’s ‘Deranged’ Warpath and the Key to SavingThe Wrap’Godzilla vs Kong’ Reaches $100 Million in US After Grossing $250,000 inThe WrapJoin a Conversation on ‘Cancel Culture in Comedy’ with Maz Jobrani, SkyeThe WrapAnya Taylor-Joy, Ralph Fiennes Join Searchlight’s Dark Comedy ‘The Menu’The WrapAfter ‘Black Widow,’ Kevin Feige Leaves Open the Possibility of OtherThe Wrap’Pose’ Creator Steven Canals on Life After His Groundbreaking Show: ‘I’mThe Wrap’The Boys’ Star Aya Cash Took Inspiration From YouTube, TikTok and SteveThe Wrap China warns EU it will not back down Tags: NULL whatsappcenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was The Dream Girl In The 90s, This Is Her NowMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farminvesting.comCanceled TV Shows Announced: Full Updated Listinvesting.com CHINESE premier Wen Jiabao told the European Union (EU) yesterday to stop piling pressure on Beijing to revalue its currency, saying a rapid shift could unleash disastrous social turmoil.Wen told an EU-China business forum in Brussels that China would implement a reform of its currency regime announced in June, making the exchange rate more flexible, but rebuffed calls from EU leaders for a rapid and substantial appreciation.“Do not work to pressurise us on the renminbi rate,” the Premier said, departing from a prepared speech to a business forum on the sidelines of a summit with EU leaders. Wen said EU leaders should turn to the US dollar for an explanation of the fluctuations in the exchange rate of the euro. He said China’s trade surplus against the United States was due to the specific structures of the two economies, not the yuan exchange rate.He noted that a US congressman had predicted social unrest in China if there was a rapid rise in the currency, known as the renminbi or yuan.“Many of our exporting companies would have to close down, migrant workers would have to return to their villages. “If China saw social and economic turbulence, then it would be a disaster for the world,” Wen said.The US and the EU accuse China of keeping its currency artificially weak to promote exports, undermining jobs and economic growth in the West. The monetary standoff came amid growing signs of a “currency war” in which major industrial nations such as Japan and the United States are seeking to weaken their exchange rates while emerging economies such as Brazil and South Korea are taking or threatening measures to curb capital inflows. The EU also pressed Beijing to amend its trade practices to put an end to technology theft, counterfeiting and export controls. Wednesday 6 October 2010 7:30 pm whatsapp KCS-content last_img read more

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Royal Mail managers may strike

first_img Managers at Royal Mail Group will be balloted on industrial action for the first time since 1979 over job losses, the Unite union said this morning. Unite is preparing a ballot for the start of November for 8,535 members working across Royal Mail, Parcelforce and Post Office Limited over the threat of compulsory redundancies. The union said about 1,500 jobs are set to go, mainly managers working at Royal Mail’s head offices in London. Postal workers at Royal Mail ended a long-running dispute over pay and modernisation in April. Sunday 24 October 2010 11:26 pm KCS-content whatsapp Share More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org center_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald Royal Mail managers may strike Show Comments ▼ Tags: NULLlast_img read more

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IRELAND BETS ALL ON DRASTIC CUTS

first_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was The Dream Girl In The 90s, This Is Her NowMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”Wanderoam KCS-content THE Irish government today released a four-year austerity plan described as “draconian” and “staggeringly austere” by analysts, with €15bn (£12.6bn) of budget cuts planned by 2014. But the measures failed to placate the markets, where Irish bond yields continued to rise on fears that the government will be unable to get the cuts through parliament: 10-year yields jumped to 8.9 per cent, just short of the highs they reached before Ireland announced its intention to apply for a bailout.The cost of insuring Irish debt also rose, with credit default swaps rising by 16 basis points (bps) to 595bps, meaning it now costs €595,000 to insure €10m’s worth of debt.Economists welcomed the depth of the cuts but were sceptical about the plan’s growth forecasts: it predicts an average growth rate of 2.75 per cent over the next three years despite a likely contraction in the economy during 2010. People immediately took to the streets to protest against the plans, which would come on top of €15bn of cuts already made. The new cuts involve slashing Ireland’s minimum wage – one of the highest in Europe – by one euro to €7.65, reducing the public sector payroll by 24,750 and cutting wages for new hires by 10 per cent. Welfare payments will also be reduced by €2.8bn. Overall, the plan makes €7bn’s worth of cuts in services, €3bn in capital expenditure and makes up the rest with €5bn of tax rises. The cuts are to be front-loaded, with €4.5bn of cuts and €1.5bn of tax rises to come in 2011.However, the tax changes do not include any rise in the country’s flagship 12.5 per cent corporation tax rate – one of the lowest in Europe. Instead, the government proposes raising VAT to 23 per cent over three years (from 21 per cent now), reducing the value of income tax credits and tax bands by 16.5 per cent and doubling its carbon tax to €30 per tonne. Irish Prime Minister Brian Cowen, who yesterday confirmed the EU/IMF bailout would be €85bn said: “The size of the crisis means that no one will be sheltered from the contribution that has to be made towards national recovery.” But with two independent MPs defecting from the government coalition this week, Cowen is short of the votes needed to pass the package. And even if it passes, it does not address the insolvency of the country’s banking system. Commerzbank’s Peter Dixon said: “The underlying problem of the massive hole in banking sector balance sheets is yet to be tackled.” Wednesday 24 November 2010 9:06 pm Show Comments ▼ whatsapp Share IRELAND BETS ALL ON DRASTIC CUTS Tags: NULLlast_img read more

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Lib Dems gear up for a bumpy ride with Cable on the ropes

first_img whatsapp Lib Dems gear up for a bumpy ride with Cable on the ropes KCS-content Tuesday 21 December 2010 8:34 pm Tags: NULL More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgcenter_img whatsapp EVEN as the story of business secretary Vince Cable’s indiscretions broke late on Monday, campaigners linked with the the office of Liberal Democrat deputy leader Simon Hughes were frantically sending out press releases.Surely an example of an impressive scale-up of the famously scatty Lib Dem media operation?Er, not quite. “Don’t use King’s Stairs Gardens for your tunnel, Simon Hughes tells Thames Water,” announced the urgent release, with quotes aplenty from Hughes on the importance of preserving a local park in Rotherhithe.And, to show Hughes’ appreciation for the place, the campaign team was kind enough to include a snap of himself on a sled geared up for a steep downhill ride. Be careful what you wish for, Simon!?Meanwhile, foreign secretary William Hague’s office would have us believe that he was standing by on Twitter at the very moment Cable was arriving in Downing Street for crisis talks. “Good news that an Iraqi government has now been formed – improves prospects for stability,” he tweeted at 4.20pm. Radio silence on the coalition’s state of affairs, alas.But even as Labour MPs flooded social networking sites with demands that Cable resign, Lib Dems were taking a lead from their festive-minded leader. Jo Swinson, deputy leader of the Scottish Lib Dems, was posting pictures of Christmas trees on Twitter, while the left-leaning party activists’ group the Social Liberal Forum was soliciting entries for its “question time with Vince Cable”, suggesting that members might like to query him on university funding. It seemed it hadn’t quite hit home that media regulation was, by then, a little further up the agenda. SATELLITE TWEETSLuckily, Paddy Power was a little more on the ball than the Lib Dems. Scarcely a day had gone by before the bookies jumped on the Cable-bashing bandwagon, announcing that odds on the business secretary to resign had shortened from 5/4 to 1/6 after his comments on Murdoch emerged. As for those willing to take a really long punt, you can now bet on what Cable is likely to be up to on Christmas Day. You can get 40/1 for a bet that he’ll be spotted removing a Sky satellite dish from his family home, 250/1 that he’ll be editing the Times, and 500/1 that he’ll be invited over to the Murdochs for a Christmas Day kiss and make-up.Still, the prize for the quickest off the mark has to go to Labour MP Ian Cawsey, who tweeted at 4pm: “Vince v Rupert it’s that age old argument cable or satellite!” Time for a career move sideways into stand-up, surely?BOARDROOM SCOWLSIt seems that not everyone is entranced with incoming Lloyds chief executive Antonio Horta-Osorio. Known as an incorrigable charmer, the Portuguese Horta-Osorio has wowed media and bankers alike, with few at Lloyds having a bad word to say about him despite his reputation as a ruthless cost-cutter. Until now, that is. The Capitalist hears that the bank’s chairman Sir Win Bischoff was less than amused by his swift recruitment of two of his loyal lieutenants from Santander UK. In response to a light-hearted joke asking whether they’d now be speaking Portuguese in Lloyds board meetings, we’re told Bischoff pulled a terrible scowl.And sources close to Lloyds tartly reminded The Capitalist that the new recruits “are Spanish anyway”. So there.HELLO, GORGEOUSGiven their unpopularity, banking lobbyists have a reputation as a careful bunch. But it seems it’s not beyond the goons of the British Bankers’ Association (BBA) to add a little colour to the job.The BBA’s out-of-hours contact number yesterday was going straight to voicemail – understandably, perhaps, given the time of year – but who was the saucy lady whose answerphone we’d reached?“Well, hello,” said the voice, “You’ve reached gorgeous me. Please leave your message.”But who is the gorgeous owner of this appealing voice? Let us know.FINN-KISSSpeaking of gorgeous, The Capitalist hears rumour of a delightful picture of finnCap chief executive Sam Smith circulating among brokers. We’re told she appears clad in a lovely Santa-themed mini-dress, posing under the mistletoe with a similarly lovely broker. Anyone want to send the pic our way?CITY FACESFollowing on from The Capitalist’s notice last week about Winkball, the online video site, the website held a successful “faces for the forces” campaign day on Friday.The aim is to collect 500,000 short videos of celebrities and members of the public giving Christmas messages of support for the armed forces, with the campaign already over 400,000, including videos from David Cameron, Nick Clegg and a variety of footballers and singers.And they added an impressive 1,500 to that headcount in just six hours in the City last week. Among those taking part were at least a couple of workers from Lloyds, including Jo Scott, digital comms manager, and Neil Barclay. “Happy Christmas to you all,” said Scott, with Barclay saying, “Keep the good work going”. Well worth a few minutes out of the day. Share Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGemlast_img read more

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City views: have you used Linkedin?

first_img Show Comments ▼ City views: have you used Linkedin? whatsapp whatsapp More From Our Partners Killer drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org Thursday 6 January 2011 8:48 pm KCS-content center_img THOMAS LANE | AON“No, I haven’t. I don’t see any real need to network online – I’d rather meet clients in person.”GRANT MORROW | JUBILEE INSURANCE“Yes, I have. I use LinkedIn to keep in touch with past clients and colleagues.”NICK HOCKING | PRICE FORBES“I signed up a while ago but haven’t logged on recently. If you’re not looking to move jobs, LinkedIn isn’t that useful.”DIPO AJENIFUJA | MANAGEMENT“Yes. I think LinkedIn is a brilliant tool, especially from a recruitment point of view.” Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com Tags: NULLlast_img read more

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Henderson ties up Gartmore takeover

first_imgWednesday 12 January 2011 8:35 pm Share SHARES in Anglo-Australian fund manager Henderson were up 9.26 per cent yesterday, after it announced it would buy troubled rival Gartmore.The deal sees shareholders receive two Henderson shares for every three Gartmore shares, valuing the company at £335m.Around 63 per cent of Gartmore shareholders have so far approved the deal, after the boards of both companies unanimously recommended a takeover. A significant number of Gartmore’s fund managers have been locked into the deal, representing 84 per cent of the company’s assets under management (AUM).The combined team will now hold around £78bn AUM, making it one of the largest UK retail asset managers. Three key Gartmore fund managers remain in talks over joining Henderson, despite its takeover team having worked closely with the Gartmore team since November, a source close to the deal said. However, Henderson is said to be confident the remaining fund managers will join as the two firms integrate.Some analysts have approached the news with caution, warning investors could continue to redeem their assets in a continuation of the troubles suffered by Gartmore.David McCann, analyst at Numis said: “The management assumption [AUM] will stay where they are is extremely aggressive.“There is a whole raft of reasons why money will continue to [walk out] the door. People don’t like uncertainty, particularly when its people handling their money.”However, McCann rated Henderson shares “hold” due to the potential lift in share price from the takeover.Gartmore’s woes started after the departure of influential fund managers Guillaume Rambourg and Roger Guy last year, which contributed to plummeting share prices and investors withdrawing funds.Its outflows in the fourth quarter were £4.8bn, of which £3.1bn related to the European large cap team formerly run by Guy and Rambourg.The company’s share price dropped by more than half from its initial 2009 flotation price over the course of last year to as low as 88.5p per share last week. Yesterday’s takeover news saw Gartmore shares lift to 103p per share.And sources close to the deal believe any risk of contagion following the departure of Guy and Rambourg has now passed.Chief executive of Henderson Andrew Formica said: “The acquisition of Gartmore is a great opportunity for Henderson.“Gartmore has a highly complementary strategy and stable of products to that of Henderson. Its recent travails should not overshadow the fact that Gartmore is one of the best known managers in UK fund management.” Tags: NULL KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com Henderson ties up Gartmore takeover whatsapp whatsapp Show Comments ▼last_img read more

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