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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...
Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday
Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...
UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...
Eurozone crisis live: Japan's strong growth figures... PM Shinzo Abe's stimulus package could generate feelgood factor needed to end two decades of stagnant growthPhillip Inman
Wed, May 15, 2013 04:24 – easyJet Plc (ESYJY: OTC Link) released their Semi-Annual Report concerning easyJet plc Half Year Results 15 May 2013. To read the complete report, please visit: https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=104540.
Read this article: easyJet Plc (ESYJY: OTC Link) | Semi-Annual Report
Category : Business
Demand for flats and houses in the UK has risen to its highest level for three and a half years, according to an industry survey.
Continued here: Housing demand ‘highest since 2009′
Category : World News
- Mom versus Dad: Canadians expect to spend slightly less for Father’s Day
- The majority will give mom a gift, while more than half plan to call or spend time with her to celebrate Mother’s Day
- Men plan to spend more than women for both Mom and Dad
Read more from the original source: REPEAT-BMO Survey: Canadians Plan to Spend an Average of $107 on Mother’s Day-Up 27 Per Cent from 2012
Category : Business
Head of new Financial Conduct Authority says complaints data helps consumers and boosts competition
Santander has been named as the most complained about bank by the new Financial Conduct Authority (FCA). The Spanish-owned bank, which is advertising its 123 current account heavily at the moment, was the subject of four complaints for every one of its 1,000 banking customers during the second half of last year.
Overall, Santander had the fifth-largest number of complaints to the regulator, but the most banking problems per customer. On investments, it was the most-complained about firm with 2,236 complaints, and also received the most mortgage complaints, 14,080.
Barclays topped the new financial regulator’s figures in terms of the gross number of complaints, including banking, insurance, payment protection insurance (PPI) and other issues.
The FCA, which has just taken over from the Financial Services Authority, said that in total there were almost 3.5m complaints about financial service firms during the six months to the end of 2012 with 2.1m about mis-sold PPI. The figure was 1% higher than the first half of the year as the number of PPI complaints climbed by 5%.
There was some better news for pure banking customers. Complaints about current accounts fell 6% while problems with insurance rose by the same amount.
The figures show that Barclays was the subject of 414,302 complaints to the FSA, which is down 6% since the first half of 2012. Lloyds TSB had 349,386 (down 19%), Bank of Scotland/Halifax: 338,912 (down 7%) while Santander received 237,923 (down 1%). The card provider MBNA received a large number of complaints – 270,486 (a drop of 3%).
FCA chief executive Martin Wheatley says: “Greater transparency drives greater competition, and the publication of the complaints data lays bare the track record of the UK’s financial institutions when it comes to resolving customer conflicts.
“When I meet the bosses of the financial institutions they frequently tell me they do not want to be at the top of the table, which means they strive to improve both their sales and complaints handling processes.
“Not only does our data help consumers compare and contrast their current bank or lender, it also boosts competition among firms.”
Category : Business
Department store chain Debenhams reports a dip in half-year profits after trading was hit by the snow in late January.
See the article here: Debenhams profits hit by bad weather
Category : Business, World News
The Financial Conduct Authority says the number of complaints about the mis-selling of PPI fell in the second half of last year.
Read the original here: PPI complaints start to decline
REGINA, SASKATCHEWAN–(Marketwired – April 15, 2013) - A strong agricultural economy fuelled by low interest rates, growing world food demand and resulting higher commodity prices, continue to underpin a national increase in average farmland values. The average value of Canadian farmland increased by 10.0% during the second half of 2012, according to a new Farm Credit Canada (FCC) Farmland Values Report.
Here is the original post: FCC reports rise in Canadian farmland values
Category : World News
The Scottish government is proposing an independent Scotland could take on a public sector debt burden at just over half of the rate faced by the whole UK.
See the rest here: Scotland’s debt ‘could be lower’
Category : Business
Twenty-three employees begin BA in business management, first honours degree course in UK funded by a restaurant chain
KFC is subjecting its zingers, popcorn chicken and BBQ rancher burgers to some academic rigour after launching a BA in business management.
The first employees with places on the course – the UK’s first honours degree funded by a restaurant chain – have begun their studies in conjunction with De Montfort University in Leicester.
The firm has invested £600,000 to fund half of a three-year BA in business management for 60 restaurant managers over the next five years, with the first intake of 23 – who enrolled in January – starting work at the university on Thursday. The first intake of 23 employees will combine residential sessions at the college with full-time work.
KFC will cover the cost of the college accommodation, while the tuition fees will be split half and half between the employer and the employee. The overall cost will be £9,000 over three years, the same figure as the annual tuition fee at many universities in England.
Rival chain McDonald’s launched a two-year foundation degree for its restaurant managers in 2010, combining classroom learning at a special facility in East Finchley in London with on-the-job training.
Sun, Mar 17, 2013 02:12 – Red 5 Limited (RDFLY: OTC Link) released their Semi-Annual Report concerning Half year accounts 12/31/12. To read the complete report, please visit: https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=101037.
See more here: Red 5 Limited (RDFLY: OTC Link) | Semi-Annual Report