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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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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...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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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...

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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...

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CUPE NL echoes former school board CEOs’ call for public consultations on mergers

Category : Stocks

ST. JOHN’S, NEWFOUNDLAND AND LABRADOR–(Marketwired – May 10, 2013) - CUPE NL President Wayne Lucas says a call from some former heads of school boards in our province for public consultations on merging boards is a reasonable and timely suggestion.

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Fraser Institute’s Alberta High School Rankings Show Academic Improvement at 22 Schools

Category : World News

CALGARY, ALBERTA–(Marketwired – May 4, 2013) - Twenty-two Alberta high schools, including 12 public schools and nine schools in Calgary, have seen their academic performance improve over the past five years, according to the Fraser Institute’s annual school rankings.

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Pret A Manger creates 500 UK jobs after profits rise

Category : Business

Sandwich chain to extend school-leavers’ programme nationwide after stacking up healthy profits in lean times

Pret A Manger, the food chain known for its fresh lunchtime baguettes, sandwiches and wraps, is set to create 1,000 jobs worldwide, including 500 positions in the UK after a bumper boost in profits.

However, the company is likely to come under pressure to ensure most of the jobs go to British workers having faced criticism in the past that it was favouring foreign staff.

In the past year bosses have attempted to tackle the calls from Boris Johnson, the London mayor, and Chris Grayling, former employment minister, to increase British staffing levels, revealing 20% of workers are from the UK, compared with 17% a year earlier.

A school-leavers’ programme has been launched and will be extended across the country, with the aim of information being sent to every pupil leaving school this year.

Pret’s chief executive, Clive Schlee, recently said: “We are pleased that we have seen some encouraging signs and that the number of British workers at Pret has increased. But this is not a Pret issue, this is an industry-wide issue and there is no quick fix.

“We are expanding our school-leavers programme this coming year and will continue to do all that we can to attract more British applicants. We will always employ the very best people at Pret and we celebrate the rich diversity of our workforce and the atmosphere that brings to our shops.”

However, the school-leavers’ programme will not be extended until September, and until then the 500 positions are expected to be open to all nationalities entitled to work and are subject to an intensive 12-week training period. The 500 staff employed last year were hired on the same criteria.

A plan to get the homeless back to work has also seen 84 apprentices given jobs with around 50 having worked for Pret for more than six months.

It comes as the company, which has 320 stores and plans to open another 50, saw sales increase 17% to £443m last year with underlying profits also up 17% to £61.1m.

The business has undergone a major expansion, taking advantage of the high street decline by negotiating lower rents.

Management have said in the past that the rate of expansion – 36 opened last year, bringing the total to 323 – has only been possible due to landlords keen to fill empty spaces.

The company, which was bought by private equity firm Bridgepoint in 2008 for £345m – netting the founders Julian Metcalfe and Sinclair Beecham £50m each – has expanded worldwide, with stores in Hong Kong, Paris and the US.

In France, the new Parisian shops have been so successful that average weekly sales at the stores take more money than any other Pret worldwide, the company said.

A major refurbishment plan is already underway, with bosses keen to encourage more customers to eat in, rather than be seen as just a takeaway operation.

They also revealed that its tuna baguette has overtaken the super club sandwich as its best selling UK sandwich.

Other projects include donating unsold sandwiches to the homeless, with employees giving away 2.5m in the past year while it also gave £1m to homeless charities.

• This article was amended on 22 April to correct the company’s annual profits

Monarch Announces Winners of School Competition

Category : Stocks

LONDON, UNITED KINGDOM–(Marketwired – April 22, 2013) - After launching a nationwide appeal, asking for head teachers to help them in their quest to make flying fun, Monarch Airlines has today announced the three winning schools that have been selected for the day trip of their lives.

  • Fulbrook Middle School in Milton Keynes
  • Icknield Community College in Watlington
  • Harris Academy Beckenham in Kent

A total of six hundred children – two hundred from each school – will have exclusive use of a Monarch aircraft on 24th April 2013, with a range of fun activities in the air and on the ground.

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VIDEO: Apprenticeships ‘back aspirations’

Category : Business, World News

School leavers who decide against going to university should go on to an apprenticeship, David Cameron has said.

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PM in ‘new norm’ apprentice pledge

Category : World News

The prime minister will pledge to make apprenticeships the “new norm” for school leavers who decide not to go to university during a speech later.

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OSSTF/FEESO Student Achievement Awards 2013

Category : Stocks, World News

TORONTO, ONTARIO–(Marketwire – March 9, 2013) - This afternoon at the annual meeting of the Ontario Secondary School Teachers’ Federation (OSSTF/FEESO), students from across Ontario were honoured for their outstanding abilities and creativity as provincial winners of the Student Achievement Awards in honour of Marion Drysdale.

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The Fraser Institute: 42 Elementary Schools Across Alberta Score Improvement in Fraser Institute School Rankings

Category : Stocks, World News

CALGARY, ALBERTA–(Marketwire – Feb. 23, 2013) - Across Alberta, 42 elementary schools showed significant improvement in their academic performance over the past five years, according to the Fraser Institute’s annual school rankings.

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Finance lessons in schools from 2014

Category : World News

School children will start learning about tax, debt and money management in lessons from September 2014, under government plans.

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Secondary Buyouts Produce Strong Returns, Bucking the Conventional Wisdom

Category : Stocks

Drawing on a Unique Database of Private-Equity Deals, BCG and Research Partner HHL Leipzig Graduate School of Management Show That Owners of Secondary Buyouts Create Substantial Value

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