Selling prices accelerate at a record pace

first_img Tags: NULL Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoOpulent ExpressHer Quadruplets Were Born Without A Hitch. Then Doctors Realized SomethingOpulent ExpressUndoElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite HeraldUndoTrading BlvdThis Picture of Prince Harry & Father at The Same Age Will Shock YouTrading BlvdUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeUndo Show Comments ▼ whatsapp SHOP price inflation accelerated in August at its fastest rate since February 1992, the CBI revealed yesterday, raising the ugly spectre of persistently rising prices and creating even more of a headache for the Bank of England.In its August distributive trades survey, the business lobby reported that a net 58 per cent of firms said average selling prices had risen compared to a year ago. The looming VAT hike to 20 per cent in January, combined with rising food prices, will only create more inflationary pressures.While the outlook for consumer spending remains uncertain, retailers are at their most positive about the future since May 2004, with a net 22 per cent of firms forecasting that the overall business situation will improve over the next three months.More than half of the retailers surveyed said that the volume of sales rose during the first two weeks of August, compared to just 18 per cent experiencing a decline.Sub-sectors that saw the strongest growth included clothing, grocers, and durable household goods, which the CBI said has been helped by better weather at the beginning of the month and the summer holidays.Lai Wah Co, CBI head of economic analysis, said: “Better sales growth continued on the high street in early August, and retailers are upbeat about prospects in the coming three months.” “However, the broader outlook for consumer spending is still uncertain, given the VAT rise next year, subdued pay awards and the feed-through of public spending cuts to job losses, ” she added.Analysts said that this boded well for third quarter GDP growth, which had been expected to slump after a stunning second quarter. Societe Generale’s Brian Hilliard said that yesterday’s CBI data pointed to further strong consumption growth in the three months to October. KCS-content center_img whatsapp Thursday 26 August 2010 8:50 pm More From Our Partners Police 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.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comWhy people are finding dryer sheets in their mailboxesnypost.com Share Selling prices accelerate at a record pace last_img read more

Shire begins £358m offer for Movetis

first_img Tags: NULL DRUGS firm Shire launched its €19-a-share offer for Belgian gastro-intestinal specialist Movetis yesterday, as the company pushes ahead with its plans for international expansion. Movetis investors have until 26 September to accept the offer, which values the firm at €428m (£358m) including its €100m cash pile. Movetis management have unanimously recommended the offer to shareholders, which represents a premium of 74 per cent on stock prices before the bid was first announced on 3 August. Institutional investors Sofinnova Partners, Sofinnova Ventures, and Life Sciences Partners, which together make up 38.9 per cent of shares, have already agreed to sell. Shire said yesterday it believes the acquisition will make money from 2012. The tender offer is being funded by existing cash resources and executed through the company’s Luxembourg-based subsidiary. The acquisition would give Shire the rights to Resolor, which treats chronic constipation in women in 27 countries of the European Union and elsewhere. Shire estimates potential annual peak sales of Resolor of more than €300m.The purchase will boost the acquisitive drugmaker’s gastro-intestinal business, which is currently the smallest of its three areas of operation. The takeover is one of several deals being thrashed out in the pharmaceutical sector. French drugs giant Sanofi-Aventis said yesterday it would be prepared to moderately raise its $69 per share (£44.7) offer for Genzyme, after the US firm rejected an all-cash $18.5bn offer last week. Shares in Shire closed 0.55 per cent up at £14.59 yesterday, while Movetis remained flat at €18.84. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal 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 TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search Adsautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Herald Share whatsapp Shire begins £358m offer for Movetis center_img Read This NextNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof KCS-content Show Comments ▼ whatsapp Monday 6 September 2010 8:29 pmlast_img read more

Tweedie tells politicians to let IASB find his successor

first_img Read This NextNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof whatsapp European politicians should not interfere in how the next chief of a global accounting rule setting board will be selected, the board’s current chairman said yesterday.David Tweedie, chairman of the International Accounting Standards Board (IASB), which sets accounting rules used in over 100 countries, including the EU, said the selection of his successor should be dealt with solely by the IASB’s trustees. “If everyone wants to have their say, in the end, no one has a say,” Tweedie said.Tweedie is understood to have been annoyed that the European Union’s executive European Commission was seeking to influence the selection process.Tweedie steps down in June 2011 and the trustees are expected to name his successor next month. Show Comments ▼ KCS-content Tweedie tells politicians to let IASB find his successor Sharecenter_img Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldUndo Thursday 9 September 2010 8:31 pm whatsapp Tags: NULLlast_img read more

Sweden sees a newly hung parliament

first_img Sweden sees a newly hung parliament whatsapp Sunday 19 September 2010 10:07 pm Share whatsapp More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.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.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com KCS-content SWEDEN’S centre-right government has won re-election but lost its overall majority in parliament after an anti-immigrant party earned its first ever seats in yesterday’s election, preliminary results showed last night.Official preliminary results showed the centre-right coalition government won 173 seats in the 349-seat parliament and the Social Democrat-led centre-left won 156 seats.Reinfeldt, who has benefited from one of Europe’s strongest economic recoveries and sound public finances, would be the first sitting centre-right leader ever to win re-election in Sweden. The Social Democrats, architects of Sweden’s welfare model, ruled for much of the last century.Analysts had said before the vote that a hung parliament, with Prime Minister Fredrik Reinfeldt having no overall majority, would unsettle investors, but the Swedish crown firmed slightly after the results.Reinfeldt has said he is prepared to lead a minority government but could also approach the opposition Green Party for support.However, the big news of the night for a country which has long prided itself as being one of the most tolerant in Europe was that the anti-immigrant Sweden Democrats looked set to win 20 seats.“If this outcome stands we will have a scenario that most Swedish voters wanted to avoid, that is that we have a xenophobic party holding the balance of power,” said Ulf Bjereld, a political scientist at Gothenburg University.The rise in support for the Sweden Democrats has followed a move away from the party’s skinhead roots and matches developments in other European countries.The Sweden Democrats deny they are racist but both main blocs have ruled out cooperating with them.“Today we have written political history together,” said Sweden Democrat leader Jimmie Akesson.The centre-left opposition focused its campaign on people who have suffered welfare reforms under the Alliance of Reinfeldt’s Moderate Party, the Liberals, Centre and Christian Democrats. Show Comments ▼ Tags: NULLlast_img read more

H&M

first_img whatsapp KCS-content Show Comments ▼ Wednesday 29 September 2010 10:38 pm Share 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 Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrapcenter_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.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com whatsapp H&M is a company built for recession. You can splurge on outfits for under a tenner, and it specialises in fast throwaway fashion – stocking the latest look, but making it cheap enough to ensure you return for more when it’s no longer in trend. Investors have lapped up this apparently slump-proof stock – sending its shares up 30 per cent over the past year. And while yesterday’s third-quarter results showing net profits up 23 per cent to 4.24bn Swedish kronor (SEK) and sales up 14 per cent to SEK26.89bn seem decent in spite of weak comparisons from the previous year, the fall in gross margin to 60.5 per cent for the quarter, down from 61.6 per cent a year ago and from 65.9 per cent in the second quarter are the first signs that it cannot avoid the impact of a sluggish economy. The other sign is that it has cut its plans for new store openings for this year to 220 from 240. With the price of raw materials and supply chain costs both rising, and favourable exchange rates diminishing H&M’s biggest attraction – its low prices – are now a millstone around its neck. H&M will find it much harder than rivals to hike its prices without losing business. H&M shares trade at 21.5 times 2011 forecast earnings, close to larger rival Inditex on 21.7, but its business model is reliant on low prices that may no longer deliver enough volume growth to compensate for the fall in gross margin from higher costs. Now is a good time to take profits, before the uncertainty becomes a reality. As Nomura said yesterday: “Recent strength reflects the past, not the future.” H&M Tags: NULLlast_img read more

CITY MOVES | WHO’S SWITCHING JOBS

first_img 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.comBeach RaiderMom Belly Keeps Growing, Doctor Sees Scan And Calls CopsBeach Raider CITY MOVES | WHO’S SWITCHING JOBS BlackRockIan Winship has moved over from Brevan Howard to join BlackRock’s sterling fundamental fixed income team as a senior portfolio manager.Winship has 21 years of experience in the investment industry, including an 11-year stint at Aberdeen Asset Management as head of global rates and his most recent position at Brevan Howard as head of its absolute return product.KPMGThe accountancy giant has appointed Mark Britnell as its new global head of healthcare, a growing area in which the firm plans to appoint up to 15 new partners in the next year.Britnell joined KPMG last year from the Department of Health, where he was previously director general for commissioning and system management. He also previously sat on the NHS management board.Crossbridge CapitalThe investment firm, focused on high net worth individuals and families, has hired Serkan Gur and Atilla Uygun from Bank of America Merrill Lynch to spearhead its push into Turkey.Gur joined BoA Merrill Lynch in 2008 from BNP Paribas’ subsidiary in Turkey, where he was head of the FX and derivatives desk. Uygun’s career includes stints at Garanti Bank in Turkey and Amsterdam and a role as managing director of Cappadocia Investments.Baker TillyTony Wright has been promoted to partner in the professional services group’s restructuring and recovery team.Wright specialises in restructuring and turnaround work, with a focus on the professional practices, property and leisure sectors. 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 WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrapcenter_img whatsapp Thursday 14 October 2010 8:56 pm KCS-content Show Comments ▼ Tags: NULLlast_img read more

Intel planning to invest in its US production facilities

first_imgTuesday 19 October 2010 7:38 pm whatsapp Show Comments ▼ Read This NextThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotRicky 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 WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap CHIPMAKER Intel yesterday said it plans to spend between $6bn (£3.8bn) and $8bn on high-tech manufacturing facilities in Arizona and Oregon, projects it estimates would create up to 8,000 construction jobs.Intel said plans call for it to build a new fabrication plant in Oregon and upgrade several existing factories. The projects, it said, would support 6,000 to 8,000 construction jobs along with another 800 to 1,000 permanent new high-tech jobs.Intel said the new plant in Oregon – which would be called D1X – is scheduled for research and development start-up in 2013. In addition, upgrades would be undertaken at four existing factories in Oregon and Arizona.Currently, about 75 per cent of Intel’s microprocessor manufacturing takes place in the US, while the majority of its sales occur overseas. The company employs more than 80,000 people worldwide. Tags: NULL whatsapp Intel planning to invest in its US production facilities Share KCS-content last_img read more

DEMOCRATS SET TO LOSE CONTROL OF CONGRESS

first_img DEMOCRATS SET TO LOSE CONTROL OF CONGRESS KCS-content whatsapp Share Tags: NULL whatsappcenter_img Show Comments ▼ EARLY exit polls suggest that President Barack Obama will have to deal with a new balance of power in Washington after yesterday’s midterm elections. The Democrats appeared to have lost control of the US House of Representatives, with voters most concerned about the direction of the economy, in particular high unemployment. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.com More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comA 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.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comWhy people are finding dryer sheets in their mailboxesnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.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.comPuffer fish snaps a selfie with lucky divernypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com Tuesday 2 November 2010 10:01 pmlast_img read more

CharlesStan boss attacks regulation

first_img Share Tags: NULL Show Comments ▼ CHARLES Stanley chairman Sir David Howard yesterday railed against the “Monty Python-esque” barrage of new regulation hitting the independent stockbroking sector, even as the firm reported a 33 per cent surge in pre-tax profit for the half year.Howard, an ex-Lord Mayor of the City of London, said new measures introduced by the FSA are excessively blunt, without the finesse necessary to ensure new regulation is appropriate to every corner of the industry.“The political pressure on the FSA means they are stretching the new rules far beyond a sensible level,” he said. “It’s a death wish on the part of the UK to make us less competitive.”Howard said extending the new remuneration code to independent fund managers and stockbrokers did not take into account their business models, which are entirely different to those at large investment banks.Stockbrokers and fund managers are also having to devote an increasing amount of time and energy to jumping through hoops on new capital and liquidity standards, he said.Charles Stanley itself delivered a solid performance over the first half, growing pre-tax profits by a third to £7.3m and revenue by seven per cent to £59.7m, thanks to a jump in income at its private client division. KCS-content 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 Timesmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCutethedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter CenterBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure Solutioncenter_img whatsapp Wednesday 10 November 2010 8:08 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 WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap CharlesStan boss attacks regulation last_img read more

Euro Zone trade surplus bigger than forecast

first_img Euro Zone had a bigger than expected trade surplus in September as export growth outpaced the rise in imports year-on-year, official statistics have shown.The European Union’s statistics office Eurostat said the 16 countries using the euro had a trade surplus with the rest of the world of 2.9bn euros in September, up from 1.4bn last year and a deficit of five billion euros in August.Eurostat said unadjusted exports grew 22 per cent year-on-year in September, while imports were up 21 per cent.Adjusted for seasonal swings, exports grew 0.6 percent month-on-month in September while imports fell 2.5 per cent against August. More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comMatt 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.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org Show Comments ▼ Euro Zone trade surplus bigger than forecast whatsapp Monday 15 November 2010 6:03 amcenter_img whatsapp Tags: NULL John Dunne Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGemUndoZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndolast_img read more

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