Web Issue 3498
July 5 2009
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CBI targets employment law
Employers' body the Confederation of British Industry will today unveil plans to revolutionise employment rights by introducing an “alternative to redundancy” (ATR) scheme to get workers to stay at home in return for £128 a week.
Ogston to capitalise on contacts at equity firm
Jack Ogston, who retires as head of corporate and structured finance for Clydesdale Bank in Scotland this month, is to use his extensive contacts to help Glasgow private equity firm Maven Capital Partners build its co-investment business with wealthy individuals and companies.
Rose in firing line as M&S investors plan protest vote
The simmering discontent over Sir Stuart Rose’s powerful role at high street retailer Marks & Spencer will emerge once more at the company’s annual meeting this week with investors planning a protest vote.
Fed pressured to peg interest rates
Analysis:
Top Federal Reserve officials are piling pressure on Ben Bernanke to keep US interest rates pegged in the present range of zero to 0.25% indefinitely.
Andrew is signing up for success as business helps deaf
SME Focus:
However tough the times have been lately, a report by the accountancy firm Grant Thornton and the Economist Intelligence Unit today confirms the pool of entrepreneurs has carried on expanding.
Culture collision threat to banking
AS more data emerge it becomes ever clearer that this recession is worse than anything we have experienced for several decades and that its impact will endure for many years to come - not least in terms of the public finances!
France and Russia call for debate on reserve currencies
France and Russia yesterday called for a debate about the world’s reserve currencies saying the current system, which is dominated by the dollar, was out of date.
Shareholders ruffle feathers at Tesco AGM
Tesco shareholders jolted the UK's biggest supermarket group yesterday after more than 40% of those voting at its annual meeting in Glasgow opposed changes to its share option scheme.
Glasgow firm set to benefit from Mandelson’s fund
A Glasgow company is poised to become the first to benefit from an investment by UK Business Secretary Lord Mandelson's Capital for Enterprise fund, The Herald has learned.
Concern as service sector expansion begins to slow
Doubts over the sustainability of emerging growth in the UK’s service sector intensified yesterday when a key survey revealed a slight slowing of expansion last month from May’s modest pace and a renewed fall in firms’ new business inflows.
UK still faces a long slog to recovery
Fear over the sustainability of any UK economic recovery were fuelled further yesterday by a key survey which indicated nascent growth in the dominant service sector might prove short-lived.
Soccer centre’s profits hit by early year snow
After a week in which much of the country cowered from the heat, five-a-side football operator Goals Soccer Centres yesterday told investors that snow has cost it some profits.
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FARMING
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Breeding project boosts returns on ewes
Agricultural law expert joins firm
New creamery on Mull of Kintyre is timely boost for the Scottish dairy industry
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