Micro Focus slashes its revenue target

first_img KCS-content Micro Focus International was forced to slash its full-year revenue target after underlying growth stalled in the first quarter, with customers delaying contracts and low-value deals remaining weak.The firm’s shares fell 31 per cent to a 16-month low yesterday after the company, which upgrades legacy mainframe applications for companies like Boeing and Tesco, updated the market.The company said it now expected low single-digit like-for-like revenue growth in the year to the end of April 2011, instead of mid-single digit growth. However, it expected no change to earnings guidance after cost cuts helped margins.Analysts at Numis believe the market overreacted, adjusting their recommendation to “buy”. David Toms said: “Our view is that the underlying performance is fairly consistent. It was clearly a disappointment and has refreshed investor concerns but in our view these are overdone.”Chief executive Nigel Clifford said: “We still expect to meet our previous expectations for full year 2011 adjusted Ebitda and to achieve double-digit revenue growth over the medium term.” whatsapp Micro Focus slashes its revenue target Tags: NULL Share Wednesday 11 August 2010 8:22 pm Show Comments ▼ More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.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.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comConnecticut man dies after crashing Harley into live bearnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comPuffer fish snaps a selfie with lucky divernypost.com whatsapplast_img read more

Osborne’s child benefit U-turn hits middle class

first_img More From Our Partners Police 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.orgKiller drone ‘hunted down a human target’ without being told tonypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comConnecticut man dies after crashing Harley into live bearnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com Share Show Comments ▼ THE CHANCELLOR yesterday announced sweeping benefit cuts for higher earners, as he seeks to slash the welfare bill and reduce Britain’s yawning budget deficit.Families paying the higher 40 or 50 per cent rate of tax will no longer receive child benefit, affecting hundreds of thousands of professional Londoners.By 2013, families with an adult that earns over £43,875 will have their child benefit withdrawn through the tax system, George Osborne said.He added: “We still pay over a billion pounds a year in child benefit to higher rate taxpayers. Most are not the super rich, but it’s very difficult to justify taxing people on low incomes to pay for the child benefit of those earning so much more than them.”Treasury officials say the reforms, which will affect 1.2m households, will save around £1bn a year.But the Centre for Social Justice, a think-tank set up by welfare secretary Iain Duncan Smith, said it was “concerned” about the reforms, which penalise families with a stay-at-home mother or father. It called on the government to consider “alternative options”.The changes will punish families that have one adult paying the higher rate of tax. For example, a two-child family with a father that earns £44,000-a-year and a stay-at-home mother will lose £1,700 a year in child benefit.But a two-earner family where both parents earn £42,000 a year – giving them a combined household income of £84,000 – will continue to receive their child benefit, even though they are better off.The Institute of Fiscal Studies (IFS) warned that government’s proposals would also “seriously distort work incentives for some families with children”.Mike Brewer, an economist at the IFS, said: “Adults with children whose income places them below the higher-rate income tax threshold might find themselves considerably worse off from a small rise in income.”He added: “A one-earner couple with an income of £43,875 would need a pay rise of £2,975 or more to ensure they were no worse off after paying income tax and national insurance and losing child benefit.”Aides to the chancellor insisted the plans were fair, and said the only other option was to means-test child benefits. The coalition has also drawn up plans to scrap child benefit for parents with children aged between 16 and 18, which could be announced in the comprehensive spending review on 20 October. Treasury officials say this measure, which would affect 2m families, would save around £2bn.Meanwhile, unemployed households will have their benefits capped at £26,000 a year.From 2013, families will not receive more in weekly benefits than the average working family earns, which is expected to total around £500 a week.Treasury officials estimate that the cap will affect 50,000 households, who will lose an average of £93 a week, although the reforms do not apply to people on disability living allowance.Larger families and those living in expensive inner London areas will be disproportionately affected, and could be forced to move to cheaper areas. Aides to the chancellor said they expected the cap to save “hundreds of millions of pounds a year”, although they would not be drawn on exact figures.Labour said the move undermined the coalition’s claim to be a family-friendly government. Monday 4 October 2010 9:30 pm whatsapp whatsappcenter_img Tags: NULL Osborne’s child benefit U-turn hits middle class KCS-content 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 last_img read more

BA, AA and Iberia name tie-up routes

first_img BA, AA and Iberia name tie-up routes Show Comments ▼ More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.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.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comPuffer fish snaps a selfie with lucky divernypost.comWhy people are finding dryer sheets in their mailboxesnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.com whatsapp 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 Wednesday 6 October 2010 8:49 pmcenter_img British Airways, American Airlines, and Spain’s Iberia unveiled four new routes and promised passengers lower prices and flight flexibility as they launched an $8bn (£5bn) transatlantic joint business yesterday.The trio are strengthening their existing oneworld alliance ties — but stopping short of a full financial merger because of strict US laws that bar foreign ownership in the airline industry — as many airlines struggle to stay airborne in the wake of the global financial crisis.However, British Airways chief executive Willie Walsh said of the deal: “You are going to witness a new era of competition. Customers flying transatlantic have never had so much choice.”The four new routes are: New York to Budapest, Chicago to Helsinki, London to San Diego and Madrid to Los Angeles. The new venture’s route network will cover 433 destinations in 105 countries. whatsapp Share KCS-content Tags: NULLlast_img read more

Positive PMI boosts sterling

first_img Positive PMI boosts sterling Tags: NULL Wednesday 3 November 2010 9:13 pm whatsapp whatsapp STRONGER-than-expected figures on the UK service sector yesterday caused the pound to rise to its highest level against the dollar and the euro for nine months and reduced the chances that the Bank of England will opt to engage in a second round of quantitative easing to boost the economy. The purchasing managers’ index (PMI), which measures activity at UK service sector companies, beat expectations that it would fall to 52.5 by rising to 53.2, up from 52.8 in September. It was the highest level for the PMI since June, although the sector has lowered its expectations for the coming months because it is worried about the effect of government spending cuts. Employment in the sector, which accounts for three-quarters of the UK economy, may have slightly reduced, said the report. Sterling jumped 0.5 per cent on the news, to $1.6128 against the dollar and £0.8705 against the euro.The strong figures come on the back of last week’s third-quarter GDP results which showed the economy had grown by 0.8 per cent. Together these have reduced fears of a double dip recession in the UK and mean that the Bank of England will almost certainly not follow the Fed’s lead and opt for a second round of quantitative easing at its Monetary Policy Committee (MPC) meeting on Thursday. Howard Archer at IHS Global Insight, said: “We suspect that the resilience of growth in the third quarter and decent survey evidence for October will convince most MPC members that there is no need at this stage at least to provide further support to the economy.” Sharecenter_img KCS-content 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 ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableySerendipity 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.com Show Comments ▼ More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.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.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comWhy people are finding dryer sheets in their mailboxesnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comlast_img read more

Emerging markets boost RSA figures

first_img Share More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comInside 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.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com Thursday 4 November 2010 10:36 pm GROWTH in emerging markets helped revenue at RSA Insurance Group jump by just under 10 per cent in the third quarter. Net written premiums rose to £5.5bn in the nine months to 30 September, up from £5.03bn a year earlier.The insurer announced strong numbers in emerging markets with net written premiums up 19 per cent to £683m, and a massive rise of 33 per cent for India, to £84m. Latin America was also strong for the insurer, where premiums were up 23 per cent across the board. The figure in Argentina was up 63 per cent and in Brazil it was 31 per cent.The group said that it expects to return a double-digit growth in emerging markets in 2011 and predicted that it will come close to that number this year. “We continue to supplement organic growth with targeted acquisitions,” said Andy Haste, Group CEO of RSA. “We remain excited about the group’s prospects and confident of delivering sustainable profitable performance.”Performance in the UK was also strong, with premiums up by 10 per cent to £2.175bn. The launch of a pet insurance business in association with supermarket giant Tesco is expected to be a big income stream for the group, and RSA calculates that it will generate around £100m of premiums in 2011.RSA has made a number of overseas acquisitions in the past year, most recently of GCAN in Canada. Tags: NULL Emerging markets boost RSA figures center_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStorymoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCutethedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter CenterBeach RaiderSee The Woman Bradley Walsh Is Dating At 61Beach Raider Show Comments ▼ whatsapp KCS-content last_img read more

Morrison sluggish as hard times bite

first_img WM MORRISON supermarkets said yesterday it expected shoppers to remain under pressure into the second half of next year, as it met forecasts with a 1.3 per cent rise in third-quarter underlying sales.However, the fourth-biggest grocer played down fears of a surge in food prices, saying it did not see big inflationary pressures and consumers were offsetting the impact of rising prices by buying more goods on promotion.Britain’s retailers are worried that tax hikes and public spending cuts aimed at reducing government borrowing could hit spending in the coming months, and that they might struggle to pass on rising input prices to cash-strapped shoppers.“We think through until really the second half of 2011, people will be very focused on value,” finance director Richard Pennycook said.Morrison’s, which runs over 430 stores and, unlike major rivals, produces much of the food it sells, said sales at stores open over a year rose 1.3 per cent, excluding petrol and VAT sales tax, in the 13 weeks to 31 October – its fiscal third quarter.That was up from one per cent in the second quarter, helped by a small increase in food prices, and compares with analysts’ average forecast of 1.4 per cent in a Reuters poll of 11.“We had hoped for a bit more than that … Morrison’s will need to do better in the key fourth quarter to meet our second-half forecast of over two per cent like-for-like sales growth,” said Arden Partners analyst Nick Bubb. Morrison is locked in a battle for market share with rivals including Tesco and Asda. whatsapp KCS-content Share More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.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.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com Show Comments ▼ Thursday 4 November 2010 10:54 pmcenter_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryZen 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 Morrison sluggish as hard times bite Tags: NULLlast_img read more

Canada considers a tougher takeover law

first_imgSunday 7 November 2010 9:06 pm 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 ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMagellan 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.comGloriousaCouple Had Their Home Demolished Because Of ThisGloriousa Show Comments ▼ whatsapp Canada considers a tougher takeover law Sharecenter_img whatsapp CANADA is considering toughening up its foreign investment rules in the wake of its rejection BHP Billiton’s bid for Saskatchewan company Potash Corp last week. Industry minister Tony Clement, who said last week that BHP Billiton’s $39bn (£24.7bn) hostile bid for Potash did not deliver a net benefit to the country, said in an interview yesterday: “The prime minister and I both feel the process worked very well in the review of the BHP bid… There are some points of view out there that are worth looking at.”Clement said the review of the Investment Canada Act was not a direct result of the BHP offer, and told the Financial Times he was open to suggestions of how to deal with potential “delinquent investors” in the future. He added that the government would look at ways to compel foreign companies to provide concessions such as jobs and technology for the country. Canada’s foreign investment law, which was used to block a deal for the second time in 25 years last wrrk, currently applies to takeovers where the target company’s assets are worth more than C$299m (£184.7m).UK-listed BHP Billiton has said it would continue to work with the government to iron out the problems standing in the way of a takeover. KCS-content Tags: NULL 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 WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe 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 Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wraplast_img read more

Northern Foods and Greencore plan merger

first_img whatsapp John Dunne whatsapp Tags: NULL Wednesday 17 November 2010 3:11 am Share 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 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 Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe 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 Show Comments ▼ Northern Foods and Greencore plan merger Food manufacturer Northern Foods has agreed to merge with Ireland’s Greencore Group to create a combined group with annual sales of around £1.7bn.The deal will see the creation of a combined business to be named Essenta Foods which will be headquartered in Dublin, the companies said in a joint statement.Northern Foods shareholders will receive 0.4479 of a new Greencore share for each Northern Foods share they hold. Greencore and Northern Foods shareholders will hold about 50 per cent of the combined group.The companies are targeting cost savings of about £40m per annum to be realised within three years from the merger, which they expect will complete during the second quarter of 2011.“The proposed merger is a great opportunity to develop fully the potential of both companies,” Northern Foods chairman Anthony Hobson said.Northern Foods makes own-label products for retailers as diverse as premium food seller Marks & Spencer and discounter Aldi. Its brands include Goodfella’s Pizza and Fox’s biscuits. Greencore is one of Britain’s biggest sandwich and ready- meals-makers. last_img read more

Cards overtake cash in UK

first_img For the first time, UK consumers have spent more using their debit cards than with cash over the course of a year, data suggests. Spending on debit cards reached £272bn in the 12 months to October, figures from the UK Payments Council show. The statistics, released every three months, showed spending on cash stood at £269bn over the same period. Credit card usage remained steady but there was a further decline in the number of cheques written. whatsapp KCS-content Show Comments ▼ Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMoneyPailShe Was The Dream Girl In The 90s, This Is Her NowMoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndothedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comUndo Sharecenter_img Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily 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 ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof whatsapp Thursday 2 December 2010 8:37 pm Cards overtake cash in UK Tags: NULLlast_img read more

Nick Clegg’s popularity falling

first_imgSunday 12 December 2010 11:16 pm whatsapp KCS-content The popularity of Nick Clegg has plummeted and supporters are deserting his party over plans to raise university tuition fees, said a poll published yesterday. Parliament voted on Thursday in favour of plans to allow English universities to almost treble current fees, a policy that has divided Clegg’s Liberal Democrat party and led to violent protests in London. Before May’s election Clegg and all his party’s MPs had pledged to vote against any rise. In April, a poll rated him as the most popular British party leader since World War Two Prime Minister Winston Churchill. Now 61 per cent describe the deputy prime minister as untrustworthy, says an Ipsos MORI poll for the News of the World. Tags: NULL Show Comments ▼ whatsapp Nick Clegg’s popularity falling 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 WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe 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 WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap Sharelast_img read more

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