Tesco boss slams short-term investors

first_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 KCS-content whatsapp Sunday 26 September 2010 10:46 pm TESCO boss Sir Terry Leahy has launched a stinging attack on City investors for failing to act in the best interests of Britain’s public companies.Writing in today’s Times, Leahy said shareholders would benefit from becoming more engaged with the firms they invest in.This would also free up managers from dealing with the goals of short term investors and allow them to create more wealth in the long-run.He said: “Many investors don’t want to get under the skin of the business or don’t have the patience for long-term value creation.“While executives may invest many years… in one company, investors may consider that a long-term interest in a company lasts only a year or two.” center_img Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily 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 ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily Proof Share Tesco boss slams short-term investors Show Comments ▼ Tags: NULLlast_img read more

Air France faces price-fixing claim

first_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.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times Air France faces price-fixing claim Wednesday 29 September 2010 11:37 pm whatsapp Air France-KLM faces a claim for up to €500m (£430.8m) from claimants including Ericsson and Philips over allegedly fixing the price of air cargo. A law firm representing the claimants estimated that the total damages could exceed that amount once money for the harm suffered since 2000 is taken into account. Claims Funding International said it would serve a writ on the airline today for what could be a record cartel damages case. The carrier agreed in July to pay $87m to settle civil claims in the United States. Sharecenter_img KCS-content whatsapp Show Comments ▼ 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 Wrap Tags: NULLlast_img read more

Critics slam Labour bank levy plans

first_img 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 whatsapp Monday 18 October 2010 8:49 pm ALAN Johnson’s plan to raise at least £3.5bn by clobbering the banks with another levy was roundly dismissed yesterday, with critics claiming it was unworkable and could encourage firms to quit the UK. In his first major speech as shadow chancellor, Johnson welcomed the coalition’s plan for a £2.5bn levy on banks, but said they should make an even “greater contribution”. He added: “In terms of scale, the £3.5bn bill from Alistair Darling’s bonus tax was absorbed with ease last year. In a time of rising profits they should be asked to maintain that scale of contribution alongside the existing levy proposal.”The Institute of Directors (IoD) hit out at the plans, insisting they would force banks to consider relocating overseas. “The chances of banking business disappearing overseas would increase significantly if the bank levy was increased by another £3.5bn,” a spokesperson for the IoD said.Mark Littlewood, director general of the Institute of Economic Affairs, also warned that “bankers, stockbrokers and hedge fund managers will continue to leave London if the tax burden becomes uncompetitive”.The Tories were quick to point out that the bonus tax implemented by Darling was only ever meant to be a “one-off” measure. They also claimed Johnson recently said a second levy would need international agreement, something which would be hard to achieve. Tags: NULL whatsappcenter_img Critics slam Labour bank levy plans Video Carousel – cityam_native_carousel – 426 00:00/00:50 LIVERead More Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoTotal 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.comUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndo Show Comments ▼ KCS-content Sharelast_img read more

Admiral reports turnover rise despite higher premiums

first_img whatsapp whatsapp Show Comments ▼ Admiral reports turnover rise despite higher premiums ADMIRAL Group announced third quarter turnover jumped 50 per cent year-on-year to £446m yesterday as it added more customers despite increasing insurance premiums.The group, which includes Diamond and Elephant.com, said a significant amount of this came from overseas insurance contributions, which rose 87 per cent compared to the same period last year to £19.3mGroup vehicle turnover rose 28 per cent in the three months to 30 September to 2.6m, despite a rise in premium rates. The insurer also said there was no change in claims trends from the first half of the year. Admiral said it was also still on target to meet analysts profit estimates for the year.But Admiral said at Confused.com, the insurer’s price comparison website, turnover was also steady, although margins remained under pressure. Confused.com, has lost its market-leading position to Comparethemarket.com due to its successful meerkat-led TV ads.Henry Engelhardt, chief executive of Admiral said: “The UK business remains the driving force of the group’s success and we continue to develop our international businesses.” Wednesday 3 November 2010 9:44 pmcenter_img 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 ScottsdaleMoneyPailSerendipity 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.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm Share KCS-content More From Our Partners Mark Eaton, former NBA All-Star, dead at 64nypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA 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.org Tags: NULLlast_img read more

UK regulation reaches crucial tipping point

first_img UK regulation reaches crucial tipping point whatsapp KCS-content THE future of the European Union (EU), and the economic prospects of member states, continues to be the subject of intense scrutiny. Even a Royal engagement has not pushed the crisis headlines off the front pages.European countries are not alone in facing fiscal adjustments in the wake of the financial crisis. Ensuring these changes are smoothly managed is a crucial challenge for leaders.The City of London Corporation has forged strong ties in Europe to ensure the UK financial services industry is well represented in such debates.Indeed, I will be visiting Budapest later this week alongside Lord Mayor Michael Bear to flag up key issues ahead of Hungary’s EU Presidency.The European Parliament will shortly begin considering proposals on over-the-counter (OTC) derivatives, central counterparties and trade repositories. This will be followed by amendments to the Markets in Financial Instruments Directive, the Capital Requirements Directive and the Market Abuse Directive. As Europe accounts for more than half of all global OTC derivatives activity, the outcome of these measures will have a significant impact on the EU economy. Consistency will be crucial across these measures, but the European Commission also needs to work with its US counterparts to ensure that our competitive position is not damaged.The need to engage hard, fast and early with EU stakeholders was demonstrated by the legislative process around the Alternative Investment Fund Managers Directive.This began with a draft, preceded by minimal consultation and unaccompanied by impact assessments. The early proposals would have damaged key markets and restricted access to capital and to a wide range of investment products. We have now reached a much more acceptable compromise – but only after 18 months of hard work and intensive dialogue.Global problems require global solutions. But it is not just wider reforms that matter when it comes down to day-to-day business. The way domestic regulators interpret and act upon such agreements is an equally important factor in determining how competitive we are in international markets.We are approaching a tipping point. During my recent visit to the US, companies expressed reservations over investing in the UK due to an overly aggressive approach to regulation. It is vital that we replace this negative perception with a positive one – that the UK is open to business, and home to a stable regime for regulation and taxation.Without this, the City will find it increasingly difficult to attract and retain international investment in the future.And equally important is the new business we risk missing out on if decision makers choose to plant or expand operations elsewhere.Stuart Fraser is policy chairman at the City of London Corporation 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 PastPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodaySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com Show Comments ▼ Share whatsapp Monday 22 November 2010 5:57 am Tags: NULLlast_img read more

ANALYST VIEWS: WHAT DO YOU THINK OF DMGT’S RESULTS?

first_img Tags: NULL whatsapp Thursday 25 November 2010 8:00 pm LORNA TILBIAN | NUMISIt is encouraging in business-to-business, with the group guiding to good growth. Business-to-consumer is more mixed, with Associated starting the new fiscal year well, but Northcliffe still challenging.PAUL GOODEN | RBSGiven the accounting hit we expect consensus earnings to remain unchanged for 2010 to 2011. With strong share price and no earnings upgrades, there could be some profit taking in DMGT.MANOJ LADWA | ETXFull-year numbers show what a difficult period it has been for the media company. But its management has been adept in turning in a profit despite sales dropping sharply. Share KCS-content Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily 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 ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof Show Comments ▼ whatsapp ANALYST VIEWS: WHAT DO YOU THINK OF DMGT’S RESULTS? last_img read more

Davies report to shy away from quotas

first_img More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA 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.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.com Davies report to shy away from quotas whatsapp Sunday 12 December 2010 10:39 pm Show Comments ▼ Share whatsapp KCS-content Tags: NULL THE DEPARTMENT for Business, Innovation and Skills insisted yesterday that its review into women on company boards will only push for a mandatory quota system as a last resort. Lord Davies’ review into boardroom diversity could instead recommend an internship scheme to encourage a wider range of people to take up directorships, a spokesperson said yesterday. Mervyn Davies, the former chief executive of Standard Chartered and trade minister under Labour, is consulting with City players over plans to demystify the boardroom and encourage more women to take top roles. A spokesperson for the Department of Business, Innovation and Skills, which is overseeing the review, said Lord Davies was not currently planning to impose a quota of women on boardrooms and would prefer a voluntary system to encourage more women into executive roles. “It’s difficult to say what measures will be involved, and there are lots of possibilities that are being discussed. However, quotas are a last resort,” the spokesperson said.Davies’ team is consulting with head-hunters, FTSE-listed companies and their board members to explore ways to get a broader mix of people into the top jobs. The review has received more than 2,600 responses to its call for evidence, which closed on 2 December. It is expected to report its recommendations in February. Lord Davies of Abersoch said at the launch of the review in August: “While it is essential that the boards of UK companies are meritocratic, the fact that there are only 131 female directors in FTSE 100 companies means that we cannot be using all the skills and talents that make our workforce so competitive.” Recent research by Cranfield School of Management showed that 12.5 per cent of directors in the FTSE 100 are women.There are 18 female executive directors – which is only 5.5 per cent of the total. More than one in five FTSE 100 companies have all-male boards, the research showed. last_img read more

Beazley drops £180m bid for its rival Hardy

first_img KCS-content Tuesday 14 December 2010 8:49 pm Tags: NULL Show Comments ▼ LLOYDS of London insurer Beazley withdrew its £180m offer for rival Lloyds firm Hardy Underwriters yesterday after failing to win an agreed deal and said it might now return cash to investors.In a brief statement issued yesterday, Beazley said it had submitted a final offer of up to 350p per share for Hardy but the firm said it would only consider an offer substantially above this level.The withdrawal of the offer was not unexpected. Beazley had initially offered 300p per share for Hardy in October but this was rejected by the underwriter as opportunistic and designed to exploit a low point in the insurance cycle. Beazley then said on 15 November it might pull the bid after its revised offer, increased to 330p per share from an initial 300p, was once again rejected by Hardy. Beazley said it would now look at other growth strategies. Hardy shares fell 4.6 per cent to 269p. Beazley shares edged up 1.3 per cent to 115.3p on the announcement.“We will continue to look at ways to grow in the United States, at Lloyd’s of London and in Europe,” said chief executive Andrew Horton Horton said Beazley could continue to look for acquisitions but added: “If we end up with surplus capital, I am sure we will look at ways of handing back cash to shareholders.” Lloyd’s of London insurers have been at the centre of takeover speculation as a difficult trading environment has weighed on their share prices, opening up potentially attractive acquisition opportunities. In October, a four-month takeover battle led to Brit Insurance agreeing to be taken over by buyout firms Apollo Management and CVC Capital Partners. Beazley drops £180m bid for its rival Hardy center_img Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definition whatsapp More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.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.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org whatsapplast_img read more

City views: Is Virgin Atlantic Atlantic right to withhold fees over Heathrow’s handling of the snow?

first_img HELEN WHITEHEAD | SMBCE“I don’t think it handled the snow well. Considering how much snow fell in New York I’d think it’s relatively unacceptable. But maybe compared to the rest of Europe it was pretty standard.”NADIA MIRANVIEE | CREDIT MUTUEL“It’s a good thing that Virgin is doing this. The airlines suffer when it’s the airport that didn’t have the capacity to deal with the snow. Heathrow should be able to deal with the public much better.”DAVID YOUNG | JAMES ALLEN“I think it was ridiculous. Heathrow needs to invest in the equipment and the money and deal with it quicker. It needs to put the investment in.” City views: Is Virgin Atlantic Atlantic right to withhold fees over Heathrow’s handling of the snow? Monday 10 January 2011 8:17 pm whatsapp whatsapp HELEN WHITEHEAD | SMBCE“I don’t think it handled the snow well. Considering how much snow fell in New York I’d think it’s relatively unacceptable. But maybe compared to the rest of Europe it was pretty standard.”NADIA MIRANVIEE | CREDIT MUTUEL“It’s a good thing that Virgin is doing this. The airlines suffer when it’s the airport that didn’t have the capacity to deal with the snow. Heathrow should be able to deal with the public much better.”DAVID YOUNG | JAMES ALLEN“I think it was ridiculous. Heathrow needs to invest in the equipment and the money and deal with it quicker. It needs to put the investment in.” Share Tags: NULL KCS-content Share City views: Is Virgin Atlantic Atlantic right to withhold fees over Heathrow’s handling of the snow? Tags: NULL,Monday 10 January 2011 8:17 pm Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof KCS-content Show Comments ▼ whatsapp whatsapplast_img read more

easyJet plunges after fuel hike

first_img Share whatsapp Show Comments ▼ KCS-content whatsapp easyJet plunges after fuel hike BUDGET airline easyJet saw its shares plummet yesterday after it posted a disappointing quarterly update due to soaring fuel prices and lower revenue per seat. easyJet shares fell 16.2 per cent to 382p, after chief executive Carolyn McCall (pictured) warned that the higher market price of fuel will put pressure on margins again this year. The company also expects revenue per seat to continue dropping in the next six months, due to fewer forward bookings during the icy weather and fewer than expected passengers paying to check in their luggage. The company expects a loss of £140m to £160m in the next six months, compared to a pre-tax loss of £78.7m in the same period last year.Total revenue in the three months to 31 December rose 7.5 per cent to £654m, though strikes and disruption caused by the weather cost £6m and £18m respectively. McCall announced a new range of flexible fares for business travellers in November, and the firm said yesterday that initial take-up has been encouraging. Wyn Ellis, Numis Securities analyst, yesterday cut his forecasts for the year and warned that fuel rises would cost the firm £30m to £35m in the next half. Thursday 20 January 2011 7:52 pm Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Tags: NULLlast_img read more