Monthly Archives: April 2014

Thomas Piketty wants ‘informed fight’ on inequality

“What people like is this is a readable account of issues that people care a lot about,” Mr Piketty told AFP after a sold-out event launching the book in London, organised by the IPPR centre-left think tank. “There’s always been […]

Richard Desmond set to sell Channel 5 to Viacom

The company, controlled by Sumner Redstone, has already invested heavily in the UK, creating original reality and children’s shows such as the succesful MTV programme Geordie Shore. Along with Channel 5, Viacom also airs the Peppa Pig cartoon series. A […]

IMF approves $17bn aid deal for Ukraine

Part of a $27bon bailout including the World Bank, European Union and others, the IMF said the rescue plan “aims to restore macroeconomic stability, strengthen economic governance and transparency, and launch sound and sustainable economic growth, while protecting the most […]

Kurds to invite oil bids in defiance of Baghdad

The Kurdistan Regional Government (KRG) has clashed with Baghdad after being instructed to accept severe budget cuts. It has shipped its oil production to Turkey despite a ban on exports imposed by Baghdad, which claims its oil ministry must approve […]

Co-op report shows need for change

That is what he has provided. It’s just unfortunate that, in that time, the Treasury select committee’s hearings involving all the major protagonists has provided that on a near fortnightly basis, while the number of reports and investigations which have […]

US cuts QE by $10bn as economy grows 0.1pc

“Information received since the FOMC met in March indicates that growth in economic activity has picked up recently,” it said. Unemployment remains high but “on balance” the labour market improved, and household spending “appears to be rising more quickly,” the […]

Britain should leave the EU if Europe’s judges trample on our basic protections

The unspoken rule of the EU game is that no state – or no large state, with my apologies to Ireland, Cyprus and others looking bruised lately – should ever be steamrollered on a vital national interest, or in a […]

Reckitt Benckiser bows out of race for Merck’s consumer health arm

Reckitt Benckiser has said it is no longer in discussions about buying US pharma group Merck’s consumer health business, leaving Germany’s Bayer as the leading contender for the $14 billion (£10bn) business. Rakesh Kapoor, Reckitt Benckiser’s chief executive said in […]

Serco launches £170m fundraising on back of third profit warning

The succession of announcements, which came two hours after the market closed, will likely lead to the FTSE 250’s companies shares being marked lower in the morning. Shares in Serco closed down 3.7p at 340.1p, having halved since last July, […]

Solar farm subsidies to be cut under plans to curb the spread of panels across the countryside

A further 48 were due to start operating in March and an additional 194 projects have planning permission and are awaiting construction, which can take as little as eight weeks. Costs of solar panels have been falling and Whitehall sources […]