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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com 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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Bank of England upgrades forecasts

Category : Business

The Bank of England upgrades its economic growth forecast, but separate figures show a rise in UK unemployment.

See the article here: Bank of England upgrades forecasts

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Eurozone economy still in recession

Category : World News

The recession across the 17-nation eurozone has continued into a sixth quarter, official figures show.

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Make Your Next Birthday Celebration One to Remember

Category : Stocks

MISSION, KS–(Marketwired – May 16, 2013) – (Family Features) Who doesn’t love celebrating their special day with a bold, festive birthday party? Creating a memorable celebration can be as easy as gathering together family and friends, hanging a few simple decorations and lighting the candles on a show-stopping birthday cake.

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Amazon paid £2.4m in tax in 2012

Category : Business, World News

Amazon’s UK unit paid £2.4m in corporation tax last year, despite making sales of £4.3bn, the online retailer’s accounts show.

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VIDEO: Chanel looks East with Singapore show

Category : Business, World News

Singapore has hosted a major fashion show for international designer Chanel, for the first time.

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Get Ready for National Aperitif Day with Alexander & James

Category : Stocks, World News

LONDON, UNITED KINGDOM–(Marketwired – May 8, 2013) - Started by French apéritif producer Maison Lillet, the first National Apéritif Day, taking place on 16th May 2013, will celebrate the art of luxury living and fine drinking with apéritif master classes and exclusive Lillet recipes for you to try at home. Make the most of this celebration with Alexander & James by mixing a show-stopping cocktail to wow your friends from the comfort of your own home.

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TV review: Eddie Stobart – Trucks and Trailers

Category : Business

Need some overblown nonsense about heroic truck drivers and impressive-sounding numbers? Send for Eddie Stobart

Eddie Stobart is shifting up a gear,” we’re told at the start of series five (five!) of Eddie Stobart: Trucks and Trailers (Channel 5). “They’re already one of the kings of road and rail. Now they’re aiming high, flying to an ever-growing number of international destinations.”

What, there’s now an Eddie Stobart airline, is there? With green-and-red planes whose pilots are Yorkie-eating men with big bellies and tats? Oh, no – they now have one plane de-icing truck, operating at Southend Airport, glamorously. This show does a lot of that: turning the mundane into the extraordinary. So putting the plane de-icer to the “ultimate test” turns out to be … de-icing a plane. Guess what “the ultimate test” for trucker Peter Grant’s snow chains is? Yup, driving on a bit of snow. (The chains, incidentally are the “ace up [Peter's] sleeve in his fight against the frost.”)

The show throws a lot of impressive big numbers into the mix. Eddie Stobart’s red and green lorries drive half a million miles every day, the same distance as to the moon and back. The forest in Scotland where Peter, Eddie Stobart’s one and only log-wagon specialist, is picking up his logs is 100,000 acres in size, the same as 50,000 football pitches, and home to 40m trees. His monster 500-horsepower timber truck – Laura Jane – carries 25 tonnes of logs, the same weight as five elephants … etc.

Then there’s the odd truck-sounds-a-bit-like-fuck gag. Welsh driver Ashley Maddox has a day from “trucking hell” (he takes a few rolls of loft insulation from Wales and delivers them around London). And there’s a truckload of alliteration in the narration. “From the forests to the factory to the final destination in Kent is an epic 500-mile journey.” More big numbers, more heroic drivers, and a heroic rock guitar soundtrack, and there you have it, Eddie Stobart: Trucks and Trailers. I’d say it was more like an Eddie Stobart marketing film than a TV documentary. But then I’ve always been more of a Norbert Dentressangle man myself.

London fuels house price divide

Category : World News

The contrast between rising house prices in London and falling prices elsewhere continues to grow, figures from the Land Registry show.

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Openreach leaves customers unconnected and angry

Category : Business

Frustration over endless waits for Openreach to instal phone lines is made worse by being unable to complain directly

Letters about the unreliability and inscrutability of Openreach, the division of BT which, in theory, provides access to the national phone network, has unleashed a torrent of woe from readers stranded, often for months, without phones. The complaints have a common thread: Openreach is unanswerable to the customers it lets down because grievances must be channelled through their own service provider, some of whom seem equally unable to communicate with the company they rely on to install new lines.

MN of London

has been waiting since November for his Sky telephone and broadband to be installed: “Appointments have been made, and each time the engineer failed to show. In desperation, I cancelled my contract with Sky and placed a new order with BT in February. I’m still waiting and was recently asked by an amused BT operative what life is like without a phone line.”

Primus customer VC of Althorne, Essex,

lost her line in January and is still awaiting reconnection. “We feel powerless before these faceless organisations,” she says. Londoner LN-C has also been waiting since January for a new line. Engineers have either turned up with the wrong parts or qualifications, arrived unannounced and were unable to gain access or did not come at all. “We have wasted more than 40 hours waiting for BT to show up, or telephoning them to complain. BT’s delays are also costing me thousands of pounds in lost productive working hours as we are unable to conduct our business effectively without the internet,” she writes. “One of the telephone lines awaiting installation is for our Dualcom alarm system, which is necessary to comply with our insurance requirements.”

SC of Colwyn Bay, Conwy

ordered a new line through Sky in January and was told she would have to wait seven weeks. Snow meant the engineer was a no-show and she was told the next available appointment was in May: “We have been told that you can’t contact Openreach, you have to go through our provider – Sky – but then all Sky will say is ‘sorry’ this is the first available appointment.”

SC of London

complained to his provider Zen of a slow broadband connection in December. “Zen has been fighting hard to get Openreach to resolve the issue… Openreach has no telephone number or email address for end user complaints and insists we must go through our ISPs. It seems absurd that Openreach has been set up as a monopoly supplier of the communications infrastructure without there being any way for the end user to complain to them directly about their services, or for there to be an external body to which we can seek redress.”

Telecoms regulator Ofcom tells me it doesn’t publish complaints about Openreach as the number is so small. Of course it is. Because of Ofcom rules, Openreach gets to skulk behind the service providers who have to deal with customer complaints on its behalf. However, even Ofcom has realised that Openreach’s performance has “deteriorated” since the summer and it is reviewing the wholesale access market – ie Openreach’s monopoly on installations agreed with Ofcom in 2006 – to enable service providers to access BT’s national network. It is planning to introduce new rules such as payouts for customers who suffer delays.

Meanwhile, Openreach blames last year’s wet weather for a backlog of delays, including SC of Conwy’s five-month wait (her appointment was brought forward a month thanks to press office muscle) and says it has appointed 1,000 new engineers and carried out 1.7m visits in the last quarter. It blames MN’s saga on the fact that both Sky and BT coincidentally committed an “administrative error” when processing the order. His line has now been installed.

VC is the victim of a faulty telephone pole, which requires input from the electricity company and the council to remedy. The council also had to be invoked in LN-C’s case because it had concreted over relevant manhole covers and she now has a working line. SC of London apparently suffered delays because of the technical complexity of the problem which necessitated several visits.

Although customers’ contracts are with their own service provider rather than Openreach, it’s worth complaining to Ofcom if Openreach irks you. While unable to intervene on an individual basis, it will add it to the growing tally. For mediation when you reach deadlock, turn to the telecommunications ombudsman,

Downton Abbey, Broadchurch and beyond: how ITV got back on top

Category : Business

TV thriller Broadchurch was an extraordinary hit. Perhaps most surprising was the fact that it was on ITV, not always seen as the home of edgy entertainment. But that’s changing

There was something out of the ordinary about Broadchurch, the TV murder mystery that kept nearly 10 million viewers guessing until the killer of 11-year-old Danny Latimer was revealed this week. The work almost entirely of a single writer – unusual for an eight-part drama – it featured only one murder (the average episode of Midsomer Murders has four).

Most surprising of all, perhaps, was

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