CITY VIEWS: ARE YOU WORRIED ABOUT THE CONSEQUENCES OF A COUNTRY SUCH AS IRELAND OR SPAIN DEFAULTING?

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 whatsapp MARK GROVES | EIB“Not directly in terms of my work however a major country defaulting would affect everyone through the direct country risk and the risk from the exposure our clients have. The knock-on effects on the financial services industry as a whole would most certainly be a cause for concern.”YASMINE MOEZINIA | NOMURA“I am not personally worried by this. Recently the UK economy has been going from strength to strength. Business and consumer confidence is improving, and house prices are looking extremely resilient and that’s what concerns me most.”ALEX BALFOUR | SMITH & WILLIAMSON“I would regard a Spanish sovereign default as much more serious than an Irish sovereign default, within the Eurozone. However, a Spanish default is less likely than an Irish, given the relative scale of the banking busts in the two economies, relative to GDP.” More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.com Share Show Comments ▼ center_img Thursday 30 September 2010 10:58 pm whatsapp CITY VIEWS: ARE YOU WORRIED ABOUT THE CONSEQUENCES OF A COUNTRY SUCH AS IRELAND OR SPAIN DEFAULTING? KCS-content Tags: NULLlast_img read more

Retailers go head to head with results

first_imgSunday 3 October 2010 10:43 pm KCS-content Show Comments ▼ SUPERMARKETS are set for a showdown this week as Tesco, J Sainsbury and Marks & Spencer post interim results. Smaller retailers Ted Baker, Halfords and Greggs are also due results, in a week that will indicate how the High Street has fared since the general election. Tesco is expected to post a 10 per cent rise in first-half pre-tax profit on Tuesday, as growth in its Asian operations offsets sluggish sales in the UK. Analysts expect Tesco to have improved since the start of the year. Evolution Securities predicted an 8.5 per cent rise in total sales last week but warned of slow growth in the UK thanks to lagging petrol prices and a lack of new branches. Sainsbury’s, Britain’s third-biggest supermarket group behind Tesco and Asda, is tipped to show stronger UK growth in a second-quarter sales update on Wednesday, helped by its strength in the more affluent south.Wealthier shoppers are also likely to prove a fillip for clothing, food and homewares chain Marks & Spencer when it publishes second-quarter sales figures on Thursday.The group is expected to post a fourth consecutive rise in underlying quarterly sales, though analysts will be keen for any news on profit margins amid rising cotton, wage and freight prices.Sales at UK stores open over a year are tipped to rise between 1.3 and 4.6 per cent, according to a company poll of 16 analysts, compared with first-quarter growth of 3.6 per cent.Bakery chain Greggs is expected to post small first-half improvements on Wednesday, making up for the rise in wheat prices with some sales growth. Analysts expect bicycles-to-car parts chain Halfords to report a drop in second-quarter underlying sales of 4.0 to 4.6 per cent on Thursday, exacerbated by teething problems at a new distribution depot, though they also think cost cuts will keep it on track to meet full-year profit expectations.Fashion chain Ted Baker is set to announce strong sales over spring and summer on Thursday, after posting its first growth in two years at the start of 2010. Tags: NULL center_img Retailers go head to head with results whatsapp whatsapp Sharelast_img read more

US announces state probe of practices among mortgage firms

first_img Show Comments ▼ All 50 US states yesterday launched a joint investigation of the mortgage industry, a move some experts fear will cause uncertainty and threaten the recovery of the fragile housing market.The state attorneys general are looking at allegations some banks used shoddy or fraudulent paperwork to remove struggling borrowers from their homes during a foreclosure crisis that is one of the most visible wounds of the 2007-2009 recession.Industry experts warn the investigation could put the brakes on foreclosure proceedings. One of every four homes sold in the second quarter was a foreclosed property and any slowing could have an impact on the broader economy, as the housing market traditionally drives recoveries after a downturn. The US has an $11 trillion (£6.9 trillion) residential mortgage market. whatsapp Tags: NULL Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryNoteabley25 Funny Notes Written By StrangersNoteableyTotal 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 AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Timescenter_img KCS-content More From Our Partners Inside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org whatsapp Wednesday 13 October 2010 8:02 pm US announces state probe of practices among mortgage firms last_img read more

Clients ditch UBS following new tax rules

first_img Share KCS-content whatsapp Tuesday 16 November 2010 9:13 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure Solutionmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmBlood Pressure For LifeWhy Doctors May No Longer Prescribe Blood Pressure MedsBlood Pressure For LifeAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver Healththedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com UBS could lose about 10 per cent of its European client assets as a result of deals Switzerland is striking with other countries over untaxed secret bank accounts.The bank, which confirmed ambitious medium-term goals yesterday, said up to SwFr40bn (£26bn) were at risk from changes in tax regulations.Switzerland agreed last month with Germany and Britain to resolve the issue of untaxed accounts and to impose a withholding tax on future deposits. It is expected to seal similar deals with other European nations imminently.UBS faces demands for clients’ unpaid tax and the possibility of more clients withdrawing money from offshore accounts. The bank said clients from Austria, Britain, France, Germany and Italy had already withdrawn SwFr20bn from its accounts in the past 12 months, according to slides in an investor presentation in London.“We believe that SwFr15-40bn are still at risk as a result of changes in tax regulations,” said Juerg Zeltner, head of UBS wealth management, adding the bank had SwFr320bn invested client assets in Europe at the end of September. However, UBS said it remained on track to reach an annual pre tax profit of SwFr15bn by 2014 at the latest, despite a shock third-quarter investment banking loss due to low client activity after UBS cut risky but potentially lucrative proprietary trading.Investment bank head Carsten Kengeter said UBS was well placed to benefit from an upturn in client activity after hiring new staff, though trading growth would also mean more risk. Separately the Swiss government said US tax authorities had withdrawn a summons against UBS after the bank was forced to hand over details of 4,000 accounts of clients suspected of tax evasion. center_img Show Comments ▼ Clients ditch UBS following new tax rules Tags: NULL More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.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.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comWhy people are finding dryer sheets in their mailboxesnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com whatsapplast_img read more

Job placements up in November

first_img KCS-content whatsapp Show Comments ▼ Permanent placements and temp billings rose at the fastest rates for three months in November, according to a UK labour market report released today. The Recruitment and Employment Confederation (REC) and KPMG Report on Jobs, which draws on recruitment consultancies data, showed three-month highs for both permanent placements and temporary billings, following a previous slowdown. There was an increase in overall job vacancies, though this rise was the slowest for just over a year. Chief executive of REC Kevin Green, said: “The jobs market remains fragile …but confidence does seem to be returning amongst private sector employers.” whatsapp Sharecenter_img Tuesday 7 December 2010 8:32 pm 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 Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayBetterBe20 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 NowHealthyGem Job placements up in November More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.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.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org Tags: NULLlast_img read more

Nintendo leaps ahead with 3DS

first_img KCS-content AFTER being surrounded by the latest in 3D technology for a week at the Consumer Electronics Show in Las Vegas, the sight of two-dimensional images – a video of a puppy playing, for example, or a photograph of a friend’s newborn baby – now makes me uncontrollably and violently sick. Watching standard 2D TV is like peering through the analogue haze at the Queen’s coronation footage from 1952, while wearing a blindfold. I have even built a pyre in my garden, upon which I plan to throw my old Xbox 360 and PlayStation 3 games, casting the outdated technology to the flames where it belongs.Thank the lord, then, that Nintendo is almost ready to launch its much-hyped 3DS. The portable console will hit the UK on 25 March, after an embarrassing delay that resulted in the firm missing the lucrative Christmas market, and while they haven’t let me get my hands on one yet, what I have seen so far looks impressive.I got a chance to play with some of the first portable glasses-free 3D gadgets at CES and the depth that even a small screen can achieve is astonishing. Judging by the demos Nintendo showed off last week, this translates nicely to its trademark cartoony games. The dual-screen device is also packing motion and gyro sensors (although these clash with the 3D technology, which demands the device is held still, meaning you have to go into 2D mode to take advantage of them), and Nintendo has introduced its own version of the App Store, allowing it to cash in on the trend for casual and retro games.The Japanese firm has already unveiled a host of launch titles, including new versions of Street Fighter and Pro Evolution Soccer. So far so good. The catch is the £229 price tag. Will gamers be willing to shell out such a handsome sum for a portable device (more than a standard Xbox360 console)? I doubt it. Expect prices to fall after hardcore fans have finished flashing the cash.One thing for sure is the new PlayStation Portable 2 (PSP2), which is set to be unveiled sometime this week, has a lot to live up to. Sony has already confirmed it will not feature a 3D screen, meaning it will either have to be very powerful or very cheap to compete (the PSP has already struggled against the DS, selling just 18m units in the US compared to Nintendo’s 47m).With games on mobile phones advancing at a remarkable pace, this could well be the last great battle of the stand-alone portable consoles. Apple’s iPhone and iPod Touch are evolving into fully-fledged gaming machines in their own right and Sony is set to launch its own PlayStation phone. But for now, clever money is on Nintendo to come out victorious.WHITE BLACKBERRY TORCH/iPHONEAs Apple boss Steve Jobs – the man who drove a stake through the heart of the beige PC – knows too well, colour is important. And in the mobile phone world, white is very much in this season. First up is a new version of BlackBerry’s flagship Torch handset. The white 9800 will be much the same as its monochrome sibling, only brighter, presumably for people wanting to be noticed typing their incredible important emails on the underground. Not to be outdone, Apple is set to respond with its very own white version of its iPhone 4.HYDRA (RAZER)High definition 3D screens are grabbing the headlines. But for gamers, three dimensions are becoming de rigueur off screen too. We got our hands on Razer’s latest motion sensing controller, the Hydra. The unit features two separate hand-held devices which are tracked by an electromagnetic field, doing away with the need for a motion sensing camera. This allows gamers to interact with the screen with incredible precision and pull off seemingly complex moves with relative ease. For now, the Hydra will only work with Valve’s upcoming title Portal 2 (which is out soon on Xbox 360, PlayStation 3, and PC), but something this good will surely be rolled out across other titles soon.iPAD 2More than 80 tablets were unveiled at the Consumer Electronics show earlier this month but none managed to knock the iPad from its perch. Now the competition may just have got even tougher, with rumours that the latest version of the all-conquering device could hit stores as soon as next month. The iPad 2 is expected to feature front and rear facing cameras and our money is on a more sophisticated multi-tasking system akin to that on the impressive BlackBerry Playbook. At the risk of going out on a limb, we think this will be the gadget to own this year. 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 PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeDefinitionDesi 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.comLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search Ads Nintendo leaps ahead with 3DS Sunday 23 January 2011 9:30 pm whatsappcenter_img Tags: NULL More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.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.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com whatsapp Sharelast_img read more

Red tape costs firms £37bn

first_img 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.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com Wednesday 9 February 2011 7:34 pm Tags: NULL whatsapp The Institute of Directors has today claimed that company directors wasted 17 hours a month wading through regulatory paperwork last year, up from 13 hours a month in 2009. The IoD said the overall man-hours of this burden cost £36.8bn last year, up from £28.2bn in 2009. “Some of this burden has to be lifted if we want the private sector to grow and create jobs to offset redundancies in the public sector,” said director-general Miles Templeman. The group this week suggested that the government could boost growth by cutting red tape in employment law, planning and local authorities. Red tape costs firms £37bn center_img Show Comments ▼ KCS-content whatsapp Share Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoMartha Stewart CBDShop Martha Stewart’s CBD Products NowMartha Stewart CBDUndoDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionUndoBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeUndoReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter CenterUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndolast_img read more

Petrol prices are inflicting huge pain

first_img BRITAIN is not quite America, where the price of petrol is one of the most important determinants of who wins elections. But the fact that one litre of unleaded now sets you back a crippling £1.29 is starting to become a major issue for the public here in Britain – and it is also beginning to hurt other parts of the economy, especially retailers. In 2005, a litre of diesel cost 85.82p; today, you would have to shell out 134.41p, a development that is crippling transport firms and increasing costs throughout supply chains. A litre of unleaded petrol cost 81.44p six years ago; as recently as two years ago, after prices had plunged following the recession, a litre of unleaded was still retailing at just 86p. The price at the pump has rocketed by 50 per cent since then, punching a gaping hole in the finances of millions of motorists and diverting cash away from other purchases.No wonder, therefore, that the distributive trades survey from the CBI – a good gauge of retail sales – showed a substantial slowdown in February. People are still spending more in shops but the rate of growth has slowed to a crawl. A similar survey out earlier this week painted a picture of a two-tier service sector economy: professional services are doing well but services to consumers are stagnating. Strong global growth and efficiency gains means that firms are flash with cash, despite higher costs, and are spending more – but individuals are being squeezed.It’s not rocket science: prices are surging as inflation spirals out of control, led by much higher petrol prices. Post-tax, post-inflation, post petrol take-home pay is dropping at an accelerating rate; the tax and price index, an official measure of the cost of living, was up 5.5 per cent in the year to the end of January. Given that average earnings were up just 2.1 per cent, Britain faced a national pay cut of 3.4 per cent over the past year. There is less to spend on discretionary items after all the direct debits and essentials. It’s neither a surprise nor hard to understand why retailers will be facing a difficult 2011; even supermarkets will suffer. Of course, there are also other pressures on consumer spending: some public sector workers who feel they may be at risk will be tightening their belts. Against that, the net number of jobs in the UK rose by 218,000 last year; as long as the private sector continues to create 3.8 net extra jobs for each that is lost in the public sector, the aggregate effect will mean more spending power. There was some good news yesterday: crude prices fell back, thanks to Saudi Arabia saying it is in talks to compensate for lost Libyan output. King Abdullah’s massive £22bn in handouts may not have been enough to assuage all his critics, however. And even if the oil price stabilises, a huge chunk of the price at the pump is made up of tax – 58.95p per litre for fuel duty alone – which keeps going up. That is the real scandal.Politicians and the media are obsessed with spending cuts, even though these will be worth only one per cent of total state spending in real terms in 2011-12. Yet the impact of inflation on incomes will be three times larger – and everybody is being hit. The coalition would be well-advised to remember the 2000 fuel protests: they almost destroyed Tony Blair, something that not even Iraq could manage. [email protected] me on Twitter: @allisterheath More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.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.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org whatsapp Show Comments ▼ KCS-content Thursday 24 February 2011 9:07 pm Share whatsapp Petrol prices are inflicting huge pain Tags: NULLlast_img read more

GDF Suez expects bumper profit

first_img Show Comments ▼ GDF Suez expects bumper profit Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapKatt Williams Explains Why He Believes There ‘Is No Cancel Culture’ inThe Wrap Thursday 3 March 2011 7:12 pm Tags: NULL GDF Suez raised its earnings forecast for the year yesterday in light of its recent merger of international business with International Power, after reporting a forecast-beating €4.62bn (£3.96bn) net income. Its revenues rose 5.7 per cent to €84.5bn on higher energy tariffs in its native France. GDF said it plans to focus on emerging markets for long-term growth. center_img whatsapp whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeNinjaJournalistCareless Workers Caught In Unbelievable MomentsNinjaJournalistUndoMattresses | Search AdsMattresses Covered By Medicare May Surprise YouMattresses | Search AdsUndoBetterBe25 Cooking Tricks That Will Change The Way You Cook!BetterBeUndoUrbanAuntyKate Middleton’s Gown Took Prince William’s Breath AwayUrbanAuntyUndoTheFashionBallBrock Lesnar’s Wife Is The Most Stunning Woman To Ever ExistTheFashionBallUndoZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldUndoLoan Insurance WealthGrab A Tissue Before You See Richard Simmons At 72Loan Insurance WealthUndoAffordable Dental Implants | Search AdsAdvertisement New Dental Implant Prices Have Seniors Ditching Dentures For Good Affordable Dental Implants | Search AdsUndoAuto InquirerOur Jaws Dropped At Aircrew’s Shocking Find On Deserted IslandAuto InquirerUndo KCS-content Sharelast_img read more

Bank’s Weale: Tax hikes to come

first_img whatsapp Bank’s Weale: Tax hikes to come Share KCS-content Rising government spending on pensions and healthcare will require a large shift in UK fiscal policies, according to a study co-authored by Bank of England policymaker Martin Weale. Taxes and spending will need to adjust by around 6.5 per cent of GDP to ensure different age groups are treated fairly, the report said. Tuesday 15 March 2011 8:22 pm whatsapp Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrap Show Comments ▼ Tags: NULLlast_img read more