Fashion sales dampen retail growth during warm September

first_img Fashion sales have hampered the wider retail sector in September, with warm weather driving sales down 4.1 per cent year-on-year.Month-on-month that figure was even worse: sales dropped 7.8 per cent between August and September. As a result, the retail sector as a whole saw a 0.3 per cent month-on-month drop, although sales climbed 2.7 per cent on the same time last year, making it the 18th consecutive month of growth, the longest sustained period of growth since May 2008.On a three month rolling basis, the sector is also seeing growth – just. The rate increased by 0.3 per cent, the lowest this year.The total spent in the retail sector during September was down 0.6 per cent on the month before, but up 1.3 per cent on last year.The proportion of online sales were unchanged at 11.4 per cent. Online sales increased by 10.1 per cent compared with September 2013. Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe 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 Wrap Thursday 23 October 2014 5:35 am Show Comments ▼ Fashion sales dampen retail growth during warm September whatsapp Tags: NULL Catherine Neilan Share whatsapplast_img read more

PhotoBox picks up Spanish rival Hofmann to boost EU expansion

first_img Share Europe’s largest online photo processing company PhotoBox further expanded its reach yesterday with the acquisition of Spanish photobook firm Hofmann.The deal, which is understood to take full advantage of the £50m revolving credit facility PhotoBox secured with RBS and Barclays in June, is part of the firm’s strategy to accelerate international expansion.“We’re keen to consolidate this industry and that’s what we’re doing with the acquisition of Hofmann,” PhotoBox chief executive Stan Laurent told City A.M. “Hof­mann is in a very strong position in Spain on the photobook segment and has activities in Germany, Switzerland and Austria that will supplement our presence in those markets.”By acquiring Hofmann, PhotoBox now generates 50 per cent of its revenues from outside the UK, with Hofmann’s 2014 revenues expected to contribute around €40m (£31.4m) to the total. Hofmann will be run by PhotoBox as a separate unit and brand alongside its existing Moonpig, Sticky9 and Paper Shaker businesses. PhotoBox picks up Spanish rival Hofmann to boost EU expansion by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For Seniorsinvesting.comThe Military Spent $1 Billion On this New Vehicle, And Here’s The First Lookinvesting.comMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost Fun Tuesday 4 November 2014 8:07 pm whatsappcenter_img whatsapp More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.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.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com Tags: NULL Oliver Smith Show Comments ▼last_img read more

In pictures: M&S hopes for summer of love with 2015 spring clothing line

first_img Winter has arrived and the temperature has finally dropped but the weather felt distinctly summery last night in Marylebone, west London, where Marks & Spencer was showcasing next season’s collection. Speaking at the event, style director Belinda Earl said the 2015 spring/summer ranges, which will start hitting the stores as soon as February, were “much more considered and confident”. Featuring among next season’s collections is an Oriental-inspired range with kimono-style tops as well as a seventies-feel “summer of love” collection that includes suede skirts and bright coloured tops. “We have done a lot of work editing the collection to ensure we have outfits that are wearable and very much on trend,” the former Jaeger boss said. whatsapp Share Kasmira Jefford Tuesday 18 November 2014 8:47 pm Show Comments ▼ In pictures: M&S hopes for summer of love with 2015 spring clothing line whatsapp More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.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.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comConnecticut man dies after crashing Harley into live bearnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.com Tags: Company Marks & Spencer Grouplast_img read more

Labour adviser Lord Mitchell forecasts Wonga end as boss Tim Weller quits

first_img Tim Wallace Tags: Payday lenders Wonga Labour adviser Lord Mitchell forecasts Wonga end as boss Tim Weller quits Thursday 20 November 2014 9:01 pm Payday lender Wonga lost its third chief executive in a year as interim boss Tim Weller was yesterday revealed to have left the embattled firm. Labour peer Lord Mitchell – who advises Ed Miliband on enterprise – unusually seized on the troubles to forecast the demise of the group. “Another Wonga CEO resigns after 6 mths,” he tweeted. “‘Ship. Deserting. Rats. Sinking’. Rearrange anyway you like – Wonga are toast.” Weller followed Niall Wass, who quit in May, and Wonga co-founder Errol Damelin who stepped aside as chief executive late last year. The consumer credit industry is facing new rules from the Financial Conduct Authority, which includes a cap on rates. Wonga needs to work towards getting a full licence under the new regime, as well as writing off arrears of borrowers who should not have been offered loans, and creating products which comply with incoming rules. https://twitter.com/lordparry/status/535408512231567360 Chairman Andy Haste, who joined Wonga in July, will take a more hands-on role. It is thought the firm wants a single leader, with Weller’s presence diluting the reforms’ chances. Wonga is still looking for a perm­a­nent chief executive, but is not exp­ected to find one until some months into 2015 at the earliest. “This was a mutual decision, following a comprehensive handover, and will ensure clear leadership in the weeks and months ahead,” said Haste. Share More From Our Partners Florida 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.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.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgcenter_img whatsapp Show Comments ▼ whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May Likezenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorLoan Insurance WealthDolly Parton, 74, Takes off Makeup, Leaves Us With No WordsLoan Insurance WealthPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past FactoryPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthDefinitionThe Most Famous Movie Filmed In Every U.S. StateDefinitionlast_img read more

John Lewis Partnership hit by multi-million pound burden of new holiday pay ruling

first_img Show Comments ▼ Friday 16 January 2015 6:59 am whatsapp Lawyers warned us that changes to holiday pay would be an expensive ruling, and lo, it came to pass. The John Lewis Partnership, which includes the eponymous department store and Waitrose, will have to stump up an additional £12m each year to cover costs relating to pension, bonuses and National Insurance. “The majority of these costs will be incurred in Waitrose where paid overtime is more usual than in John Lewis,” JLP said. It will also have to shell out a one-off £10m for the current financial year, of which £7m covers pension liabilities, with the back payment for holidays taken since November 1 totalling £3m. Director of personnel Tracey Killen said: “The John Lewis Partnership has acted promptly to change its pay practices in response to the Employment Appeal Tribunal (EAT) ruling. We believe our approach is a fair and practical outcome for our partners in light of this decision.” At the time of the ruling, business groups warned it could have serious repercussions for industry, particularly smaller firms, which could be liable for “billions”. Simon Walker, director general of the Institute of Directors, said:The holiday pay time-bomb could have a hugely detrimental impact on businesses up and down the country. It is not an exaggeration to say that some small businesses could end up being wiped out if employers who have acted compliantly and in good faith face underpayment claims backdated as far as 1998. whatsapp Sharecenter_img John Lewis Partnership hit by multi-million pound burden of new holiday pay ruling by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldGive It LoveRemember These Rare Sisters? See Them NowGive It Lovezenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorBeverly Hills MDPlastic Surgeon Explains: “Doing This Every Morning Can Snap Back Sagging Skin” (No Creams Needed)Beverly Hills MDNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyVikings: Free Online GameIf you’re over 50 – this game is a must!Vikings: Free Online Game Catherine Neilan More From Our Partners Brave 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.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.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com Tags: John Lewislast_img read more

Dividends on the rise at British Land as occupancy rates grow

first_img More From Our Partners Inside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.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.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org Tuesday 27 January 2015 8:57 pm whatsapp Share Dividends on the rise at British Land as occupancy rates grow Express KCS Show Comments ▼ whatsapp British Land has said it will raise its dividend by 2.5 per cent to 6.9p per share on the back of strong trading figures for the quarter ending 31 December 2014.Total occupancy for its retail and office divisions at the end of the quarter was 97.8 per cent an increase of 0.7 percentage points on 30 September with 269,000 sq ft of retail and 168,000 sq ft of office lettings and renewals completed.The company disposed of over £900m in assets in the year to 31 December accounting for over £30m of annual net rent.Several key investments achieved practical completion during the period, including retail extensions at Fort Kinnaird in Edinburgh, Broughton Park near Chester and Deepdale in Preston totalling close to 175,000 sq ft.Retail footfall continues to outperform the market with growth of 1.3 per cent during the period coupled with an increase in retailer same store sales of 4.4 per cent.London’s expanding tech sector continues to increase its role as an important source of revenue for the company, accounting for 43 per cent of completed office lettings by the end of the period.Chief executive Chris Grigg said: “It’s been another good period for our business: we are leasing well, making progress with development.”The market reacted to the news with shares in the company closing down 1.14 per cent to 823.50p a share yesterday. Tags: British Land Co Companylast_img read more

Apple share price rises after stellar first quarter earnings

first_imgWednesday 28 January 2015 10:25 am Apple stock has opened as much as eight per cent higher, reflecting a stellar set of earnings released after yesterday’s market close.Investors appear more than happy with the $18bn of profit and 75m iPhones it sold in the three months to the end of December – the biggest quarterly profit of any company in history. Apple had already gained five per cent in after-hours trading.At $117.90 per share in mid-morning trading, it was touching highs last seen in November, the same month in which it hit a record $119.75.The gains lifted the Nasdaq higher, rallying one per cent, or 56 points higher.And here’s the trend for Apple shares after posting its first quarter results after a the launch of a new iPhone.Some analysts think Apple could break the $120 per share mark. Share whatsapp Apple share price rises after stellar first quarter earnings whatsapp Lynsey Barber center_img More From Our Partners Brave 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.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyBeverly Hills MDPlastic Surgeon Explains: “Doing This Every Morning Can Snap Back Sagging Skin” (No Creams Needed)Beverly Hills MDEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive SupplementVikings: Free Online GameIf you’re over 50 – this game is a must!Vikings: Free Online Game Show Comments ▼ Tags: Applelast_img read more

London house prices: Havering, Croydon and Bromley are London’s Help to Buy hotspots

first_img Share More From Our Partners Institutional Investors Turn To Options to Bet Against AMCvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.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.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgWhite House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.com Show Comments ▼ whatsapp This month is the second anniversary of the launch of Help to Buy, the scheme which allows cash-strapped house buyers to borrow 95 per cent mortgages.The scheme may be one of the government’s most controversial policies, but it has also been one of its most popular. In fact, new research suggests that, as of the end of February, almost 53,000 households had borrowed mortgages under the scheme. The UK’s most popular place to buy a home under the scheme is Leicester, where there have been 892 completions, while the most popular is the MK42 postcode in Bedford, where there have been 309 completions under the scheme.But what of the capital, where over recent years notoriously expensive property has priced out even the best-off buyers? The research, by TotallyMoney.com, shows despite speculation to the contrary, buyers in the capital have subscribed to the scheme – but the areas capitalising the most are on the periphery of the capital, such as Havering (London’s Help to Buy hotspot, with 375 completions under the scheme) and Croydon (242 completions).In five boroughs – Westminster, the City of London, Kensington and Chelsea, Camden and Hammersmith and Fulham – there are yet to be any completions under the scheme at all. More encouragingly, though, in Greenwich – one of London’s best-off boroughs – there have been 207 completions, while in another “posh” area, Richmond upon Thames, five homes have been bought through Help to Buy. Every little helps, we suppose… Wednesday 22 April 2015 4:43 am by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunForbesThese 10 Colleges Have Produced The Most Billionaire AlumniForbesComedyAbandoned Submarines Floating Around the WorldComedyGameday NewsNBA Wife Turns Heads Wherever She GoesGameday NewsEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorOpulent ExpressHer Quadruplets Were Born Without A Hitch. Then Doctors Realized SomethingOpulent Expresscenter_img whatsapp London house prices: Havering, Croydon and Bromley are London’s Help to Buy hotspots Emma Haslett Tags: Help to Buy scheme London house prices UK house priceslast_img read more

Rising oil prices boost UK shares – London Report

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite HeraldEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorDefinitionWhat ‘Harry Potter’ Characters Were Actually Supposed To Look LikeDefinitionOpulent ExpressHer Quadruplets Were Born Without A Hitch. Then Doctors Realized SomethingOpulent ExpressMoneyWise.com15 States Where Americans Don’t Want To Live AnymoreMoneyWise.comFactable30 Little-Known Facts About ‘Planet Of The Apes’Factable Rising oil prices boost UK shares – London Report Tags: Oil prices Share whatsapp BRITAIN’S top equity index closed slightly higher after setting a three-week low yesterday, with Royal Mail gaining on the prospect of lower competition and energy shares tracking a rise in oil prices.Royal Mail led the blue-chip FTSE 100 index, with the company’s shares rising 5.3 per cent after Dutch rival PostNL abandoned talks with LDC on plans to expand PostNL’s Whistl unit in Britain.Among top sectoral gainers, the UK Oil and Gas index rose 0.6 per cent after crude oil prices hit a five-month high on a weaker dollar and on signs that US production had eased and refinery demand had picked up.“Stronger oil prices have provided some support to the energy sector, while yesterday’s strong market sell-off will have tempted investors to look for bargains,” Augustin Eden, analyst at Accendo Markets, said.“On a company level, Royal Dutch Shell’s move to maintain its dividend added to relatively good performance in its downstream operations to negate a fall in profits and put it in line with sector peers.”Shares in Royal Dutch Shell rose 0.4 per cent after it reported stronger than expected profits thanks to refining, which proved valuable in the recent oil price downturn, joining a trend set by rivals BP and Total earlier this week.The FTSE 100 index, which hit an all-time high of 7,122.74 on 27 April, closed 0.2 per cent higher at 6,960.63. whatsappcenter_img Thursday 30 April 2015 8:39 pm Show Comments ▼ More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comWhite House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.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.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com Express KCS last_img read more

Can mayoral hopeful Tessa Jowell build One London and win back City Hall for Labour?

first_img Show Comments ▼ Can mayoral hopeful Tessa Jowell build One London and win back City Hall for Labour? Share Tags: London mayoral election 2016 Sunday 21 June 2015 11:11 pm whatsapp Express KCS whatsapp When asked what sets her apart from the other candidates competing for the Labour party’s nomination for mayor of London, Dame Tessa Jowell says, without missing a beat, “I’m the candidate who can win.” The 67-year-old former culture secretary and Olympics minister told City A.M. last week that she has the experience, policies and wide appeal to not only cut through a competitive Labour field that includes former transport minister Sadiq Khan and popular MPs David Lammy and Diane Abbott, but to also defeat Tory candidates like Richmond Park MP Zac Goldsmith. “In order to win a mayoral election, you have to be able to build cross-party support,” Jowell said, adding: “I’m the candidate with the biggest reach, and if you have biggest reach, you’re the candidate who is best-placed to win.” Buoyed by a new YouGov poll for the Evening Standard showing that in a head-to-head race against Conservative front-runner Goldsmith, she would win by a wide margin of 57 per cent to 43 per cent, Jowell told City A.M. that she is the candidate who “can bring London together.” “I’m a unifying figure, I’m not a divisive figure,” she said. The line fits well with Jowell’s “One London” campaign slogan, which she has taken to citing often in speeches and at public events. Jowell has said that she will “help counter the trend towards the capital becoming divided between rich and poor” by creating “one London where everyone shares in our city’s success.” For Jowell, that includes a policy manifesto focused on increasing housing supply in the capital, making public transportation more affordable and expanding programmes like SureStart to address inequalities at an early age. She has already promised that if elected, she would set up a “Homes for Londoners” agency tasked with developing public land for residential use, and vowed to create a “one zone weekend ticket” so people could travel across the entire city on Saturdays and Sundays for the price of a zone one single fare. Jowell has also said that she would freeze fares for the first year of her tenure, and told City A.M. that while she would consider extending the freeze further, she would not make any promises to do so until after the government publishes its comprehensive spending review later this year, given how reliant the city’s transport network is on funding from Whitehall. “It’s frankly irresponsible to say that you can give a pledge for four years until you know what the outcome of the spending review is,” Jowell said, adding, “I will not get into an uncosted bidding war with other candidates about how many houses I can build, or by how much I can cut fares.” When asked about her relationship with the city’s businesses, Jowell said that while the mayor’s powers to implement policies affecting industry may be limited, if elected, she would use her influence in City Hall to be back enterprise in the capital. “London is the economic engine that drives growth in the rest of the country, as well as growth for the city itself,” Jowell said. “Business in London should look to the mayor as one of their chief advocates. I would be that advocate.” Jowell told City A.M. that her business agenda would largely focus on supporting entrepreneurs and start-ups, saying that London “can’t afford to squander the opportunity that their success can give to the city.” A strong proponent of the so-called “living wage,” Jowell told City A.M. that she wanted wages tied to the cost of living to be a “negotiated agreement, rather than a mandated obligation” for businesses, saying, “Lots of businesses want to feel that they’re doing this of their own volition.” More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.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.orgKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgWhite House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.comlast_img read more