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Monthly Archive: September 2021

Shoppers fear for economy

first_img Tags: NULL Shoppers fear for economy Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoCrowdy FanShe Didn’t Know Why Everyone Was Staring At Her Hilarious T-ShirtCrowdy FanUndoBetterBe20 Stunning Female AthletesBetterBeUndoAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndoTrading BlvdThis Picture of Prince Harry & Father at The Same Age Will Shock YouTrading BlvdUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndo CONSUMER confidence has fallen to the lowest level since May 2009, amid rising everyday costs and jitters about the health of the economy. Nationwide’s confidence index fell seven points to 56 today, the third consecutive monthly drop. The number of households who believe their income will be lower in six months’ time is at the highest level since the survey began in 2004. More consumers are delaying big purchases, and more than one in four (28 per cent) believe the economic landscape will be even worse by the end of the year. “This is perhaps largely a product of consumers taking stock of their personal situation following the emergency Budget, although fears over the state of the job market and economy as a whole are still playing a part as the UK continues on its sluggish path to recovery,” said Nationwide’s chief economist Martin Gahbauer. The Bank of England is widely tipped to lower its growth forecasts while raising inflation projections in its quarterly Inflation Report today, confirming to consumers the fragile state of the UK economy. Bank governor Mervyn King has recently warned of a possible slowdown throughout the Eurozone. Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayot Sharecenter_img whatsapp Show Comments ▼ KCS-content Tuesday 10 August 2010 8:58 pm whatsapplast_img read more

Britain’s GDP growth in line for hike

first_img 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.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.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.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com Friday 13 August 2010 6:00 am BRITAIN’S second-quarter GDP growth could be revised up by 0.1 percentage points to 1.2 per cent after construction output expanded even faster than expected, official data showed on Friday.Revised construction output of 8.6 per cent – versus an initial estimate of 6.6 per cent – would add 0.1 percentage points to Q2’s 1.1 per cent GDP growth rate, other things being equal, a spokesman for the Office for National Statistics said.The ONS said that the construction output growth was the strongest since the second quarter of 1963, and like then was driven by a sharp rebound following an unusually harsh winter.“It does look incredibly strong, but there were good reasons for construction to be strong in Q2,” said Alan Clarke, UK economist at BNP Paribas.“The snow had melted and the government was spending in a final fling before the election. Will it last? I doubt it. It was a one-off snow melt boost,” he added.The initial GDP estimate of 1.1 per cent growth in the second quarter was the strongest in four years. Most economists expect it to represent a peak in the rate of recovery before growth slows later this year and in 2011 due to slowing overseas demand and impending budget tightening.Second-quarter construction output was 9.1 per cent higher than in Q2 2009, an even stronger upward revision from the 5.8 per cent annual growth estimated in the second-quarter GDP series. Construction accounts for about 6 percent of British economic output.Private home-building rose 22 per cent on the quarter and 9 percent on the year, while private commercial work was up 5 per cent on the quarter but down three per cent on the year.Gains were even more marked in publicly funded work. Home-building rose 11 per cent on the quarter and 62 per cent on the year – giving the highest total public housing construction output since the second quarter of 1980.Infrastructure spending increased seven per cent on the quarter and 35 percent on the year, giving the highest total infrastructure spending since the third quarter of 1993.Britain’s previous Labour government, which lost power in May’s election, brought forward planned public construction spending to ease the impact of the country’s deepest recession since World War Two.The new Conservative/Liberal Democrat coalition government plans sharp cuts in capital spending to rein in Britain’s record budget deficit, for example scrapping plans to repair schools. Britain’s GDP growth in line for hike John Dunne Share whatsapp Show Comments ▼ whatsapp Tags: NULLlast_img read more

US new home sales slump

first_imgWednesday 25 August 2010 8:41 pm FEARS of a double-dip in the US housing market intensified yesterday after data showed that new home sales fell at the sharpest monthly pace in July since records began. Sales of new homes plummeted 12.4 per cent to an annual rate of 276,000 – the lowest since the data was first recorded in 1963 and well below the market’s expectations of a rate of 330,000 homes. The Commerce Department also revised down June’s annual sales pace to 315,000 units. New home sales have struggled to pick up over the past few months and the annual pace is only a quarter of what was seen in the boom years of the early 2000s.New York-based Steven Ricchiuto at Mizuho Securities said: “It is a bad report through and through, there is nothing in the details to tell you that things are improving whatsoever. The odds of the dreaded double-dip are increasing.”The downbeat data initially weighed on US equities but buying activity capped losses.Analysts expect the pace of new home sales to remain depressed for some months to come and predicted possible years of excess supply. ING’s Teunis Brosens said: “Sales may recover slightly in the coming months, as the demand fallout following the expiry of the homebuyer tax credit fades. But we expect them to remain low.”“Homebuilders continue to face tough competition from distressed sales. These typically sell at a discount and currently make up about 30 per cent of total sales. Moreover, while the building spree peaked in 2006, the housing market is still burdened with substantial excess supply. It may take several years to clear this excess,” he warned. whatsapp US new home sales slump KCS-content Share whatsapp Show Comments ▼ Tags: NULL More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.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.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.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.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comlast_img read more

FTSE rebounds after Asia rise

first_imgFriday 17 September 2010 3:16 am FTSE rebounds after Asia rise The FTSE 100 index has rebounded after falls in the previous session following gains overnight in Asia, with commodity stocks likely to be in demand buoyed by firmer metals and oil prices.The blue chip index looks set to add 46 to 51 points, or as much as 0.9 percent, according to financial bookmakers, after it closed 15.42 points, or 0.3 per cent, lower at 5,540.14 on Thursday.Global stock markets were on their way to a third week of gains on Friday, with emerging markets favoured, while the threat of Japanese intervention kept the yen close to its lows for the month.U.S. stocks were little changed on Thursday as mixed economic data and a cautious forecast from economic bellwether FedEx kept the market locked in its recent tight trading range.A drop in initial jobless benefit claims to a two-month low in the most recent week was not enough to lift stocks, while a gauge of business activity in the U.S. Mid-Atlantic region showed a contraction for a second straight month in September. Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking 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 ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Share 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 John Dunne center_img Show Comments ▼ Tags: NULL whatsapp whatsapplast_img read more

Ernst & Young is falling behind its big four rivals

first_imgTuesday 5 October 2010 8:27 pm whatsapp Show Comments ▼ ERNST & Young (E&Y) has reported flat revenue growth across its global offices, falling behind big four rivals Deloitte Touche Tohmatsu and PwC. The accounting giant posted $21.3bn (£13.3bn) in global revenue, marking a slight decrease from 2009 when global income came to $21.4bn.The firm’s results place it behind Deloitte and PwC, which both posted increases in global turnover. Deloitte saw global revenue of $26.6bn, while PwC’s revenue also came to $26.6bn, marking a rise on 2009. E&Y’s figures were bolstered by its Asia-Pacific practice, which delivered a nine per cent rise in revenue. However, its remaining regions, including the UK, continued to suffer. Pricing pressure in the UK led to a two per cent decline in turnover last year.Jim Turley, global chief executive said E&Y was “encouraged by the return to growth”.E&Y plans to invest $1.2bn in developing its business over the next four years and will hire 3,000 people in the UK and 5,000 in China and India this year. Deloitte said yesterday it also plans to invest $1bn to fund growth. Tags: NULL whatsapp Share More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.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.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.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.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgPuffer fish snaps a selfie with lucky divernypost.comWhy people are finding dryer sheets in their mailboxesnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.com KCS-content Ernst & Young is falling behind its big four rivals last_img read more

Toyota pays £21m fine for car recalls

first_imgTuesday 21 December 2010 8:18 pm Toyota pays £21m fine for car recalls by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeCuteness56 Animal Puns For a Quick LaughCutenessBewadaHusband Divorced His Wife After Looking Closer At This PhotoBewadaadvisor15 Plants that Repel Mosquitoes NaturallyadvisorDinnerZUTop 5 Foods That Help Lose Weight FastDinnerZUMike HistoryAt 66, This Is Bruce Willis’ Private CarMike HistoryScalp Psoriasis SearchWhat Exactly is Scalp Psoriasis? See the SymptomsScalp Psoriasis SearchfddStimulus News UpdatesfddAmoMediaRich Guy Mocks Disabled Waiter, Regrets It ImmediatelyAmoMediaPlumbing ServicesPlumber Prices In Scottsdale might surprise YouPlumbing Services KCS-content More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida 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.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org whatsapp center_img Share TOYOTA has agreed to pay the maximum fine of $32.4m (£20.95m) related to two US probes into its handling of a spate of vehicle recalls which hurt sales and tarnished its once impeccable reputation for quality.The settlements conclude a tumultuous year for the world’s largest automaker over the recalls of 11m vehicles in the US and disclosure of problems blamed by safety advocates for hundreds of crashes and the deaths of dozens of people.The crisis prompted unprecedented government scrutiny over unintended acceleration complaints, a total of three heavy fines, and a loss of prestige and consumer confidence in Toyota’s best-selling cars.“I am pleased that Toyota agreed to pay the maximum possible penalty and I expect Toyota to work cooperatively in the future to ensure consumer safety,” Transportation secretary Ray LaHood said in a statement that accompanied the late night announcement in Washington on Monday.Toyota said it agreed to the National Highway Traffic Safety Administration (NHTSA) fines without admitting any violation of law.Toyota said separately yesterday that it planned to boost its group-wide global vehicle sales by three per cent to 8.61m units in 2011, led by nine per cent growth in the US to 1.90m vehicles.Toyota was the worst performer among major automakers in the US this year, with a rise of just 0.2 per cent in its single-biggest market, which expanded 11.2 per cent in the year to date. The stock has fallen more than 15 per cent this year, compared with a flat performance for Japan’s main index – the TOPIX. Jesse Toprak, a senior analyst with Truecar.com, said settlements with the government are a good first step, but that regaining consumer trust in a hotly contested US market would take years. whatsapp Show Comments ▼ Tags: NULLlast_img read more

SUPER BOWL AD REVENUE TOPS $210M

first_img LAST night’s Super Bowl clash between the Pittsburgh Steelers and the Green Bay Packers was expected to generate more than $210m (£130.5m) in advertising revenue, with companies paying up to $100,000 a second to secure a piece of the lucrative airtime. SUPER BOWL AD REVENUE TOPS $210M Show Comments ▼ Sunday 6 February 2011 9:36 pm 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 PastZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com whatsapp center_img KCS-content Tags: NULL whatsapp Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily 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 ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily Proof Sharelast_img read more

M&S poaches Tesco’s online guru Wade-Gery

first_imgMonday 7 February 2011 3:16 pm Tags: NULL Upmarket retailer Marks & Spencer has poached Laura Wade-Gery from supermarket group Tesco to head its internet business, underscoring new boss Marc Bolland’s commitment to online sales growth.M&S, the UK’s biggest clothing retailer, said Wade-Gery is to join as executive director of multi-channel and e-commerce at a time and on terms to be confirmed.In his strategic review in November, Bolland unveiled plans to double M&S’s online sales, which totalled £413m in the year ended March 2010, by 2013-14.“It’s a fantastic appointment – a real statement of intent,” said Peel Hunt analyst John Stevenson, though he added a big improvement in M&S’s online business might not come until its new platform had been introduced in a couple of years.M&S, which also sells homewares and upmarket groceries, has been criticised by some analysts for being slow to take advantage of the boom in internet shopping.Its closest rival in clothing, Next, made £873m of sales at its home shopping business in the year ended January 2010.Wade-Gery’s move will be a blow to Tesco, Britain’s biggest retailer, which has seen a number of high-profile management departures in recent years.She had been due to move from her online role at Tesco to become head of non-food in the UK, an area where analysts are keen for improvement after weaker-than-expected sales at Christmas.However, Peel Hunt’s Stevenson said departures were inevitable for a company of Tesco’s size and success, and there was plenty of talent within its ranks.Tesco said Per Bank, currently head of its Hungary business, had been appointed as commercial director for UK clothing, electricals and general merchandise with effect from March 1.M&S shares closed up one per cent at 359.8p before news of the appointment. Tesco ended down 0.1 per cent at 402.1p. whatsapp alison.lock Share whatsappcenter_img 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 PastUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndoDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndo M&S poaches Tesco’s online guru Wade-Gery Show Comments ▼ More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.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.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.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.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comlast_img read more

AB Foods profit to rise but Primark stalls

first_img whatsapp Show Comments ▼ whatsapp AB Foods profit to rise but Primark stalls John Dunne Tags: NULL Monday 28 February 2011 2:51 am Share Read This NextNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautRicky 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’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap Associated British Foods said it expects a rise in half-year operating profits despite a slowdown at its discount fashion retailer Primark and flat profits at its UK sugar operations.The London-based company said Primark’s like-for-like sales will be three per cent ahead while its operating profit margins will be lower reflecting a tax hike in the UK and higher cotton prices, and margins will stay under pressure in the second half.Profits from sugar will be higher driven by rises in Spain and China helping to offset a fall in Illovo and flat profits in the UK, but higher processing will hit UK profits by £20m for the full year.AB Foods was giving an update for its half-year to 5 March and ahead of its full interim results on 27 April. last_img read more

Troubled HCL loses another board member

first_img 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 Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The 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 WrapKatt Williams Explains Why He Believes There ‘Is No Cancel Culture’ inThe Wrap Tuesday 1 March 2011 8:30 pm CRISIS-HIT medical recruiter Healthcare Locums lost another director yesterday, after its chief operating officer Mo Dedat stepped down from the board with immediate effect. HCL, whose shares remain suspended from AIM pending an internal probe into accounting problems, now has four directors including suspended chief financial officer Diane Jervis. Chairman Peter Sullivan, who joined the firm last month, said Dedat will continue to work for the company but has left the board to help “introduce new and independent talent”. The company refused to say whether or when new directors will be appointed. “There are no strict rules for AIM companies’ corporate governance, but you would expect as a minimum a chief executive and a chief financial officer, and a balance of non-executives,” Philip Quigley, head of transaction services at Smith & Williamson, told City A.M.. An investigation into HCL’s accounts is due to report its findings “in a matter of weeks”. The firm’s founder Kate Bleasdale was suspended and stepped down two weeks ago, followed by several other board members amid a shareholder rebellion. whatsapp KCS-content Share Show Comments ▼center_img Troubled HCL loses another board member Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndo whatsapp Tags: NULLlast_img read more