Minister denies rift between Duncan Smith and Osborne

first_img SUGGESTIONS of a cabinet rift between George Osborne and Iain Duncan Smith were scotched by a senior minister yesterday, but Whitehall sources insisted the pair were at loggerheads. David Willetts, the universities minister, said he was “not aware” of any acrimony between the chancellor and Duncan Smith, the work and pensions secretary. “All I can say is that all of us are working hard on saving money in our departments,” he added.But friends of Duncan Smith said he was frustrated by Treasury officials working for Osborne, who he says treat his staff with disrespect. Clare Lombardelli, the Treasury mandarin in charge of welfare reform, has been identified by Duncan Smith as one of the key culprits.The chancellor also balked at the £3bn up-front cost of Duncan Smith’s welfare reforms, insisting the Department of Work and Pensions make £10bn of cuts elsewhere to help fund the plans. A source close to Duncan Smith suggested he would resign if the chancellor blocks his welfare reforms. “Iain didn’t come back into politics for vanity. He’s got one simple aim: to reform the benefits system. If he can’t, there will be little reason for him to stay in government.” KCS-content Sunday 22 August 2010 10:26 pm whatsapp Tags: NULL Share Show Comments ▼ More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.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.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com whatsapp Minister denies rift between Duncan Smith and Osborne last_img read more

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do you expect house prices to keep falling

first_img do you expect house prices to keep falling KCS-content Monday 30 August 2010 8:43 pm whatsapp ED STANSFIELD | CAPITAL ECONOMICSWe forecast the Nationwide survey to be five per cent lower at the end of this year compared to December 2009 and the outlook remains downbeat for 2011. The market has softened already before we have seen any real fiscal tightening. Although London is likely to remain resilient in the short term, it is likely it will see bigger-than-average falls.CATHERINE PENMAN | CARTER JONASThe overall picture is definitely one of decline with fewer enquiries and the conversion of applicants to successful sales falling. We are not forecasting a fall off a cliff but we think the slowdown will continue. After a buoyant spring, the market has struggled to get going again. Public sector cuts are going to have a significant effect.PETER ROLLINGS | MARSH & PARSONSAt the start of 2010 I said that the London market would be five to seven per cent higher by the end of the year. Although public sector cuts will slow the national market, I think we will see a six or seven per cent increase on London prices this year. We have had a surprisingly good August, which is typically quiet. There’s plenty of demand and at last supply is coming back. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldBetterBe20 Stunning Female AthletesBetterBeCrowdy FanShe Didn’t Know Why Everyone Was Staring At Her Hilarious T-ShirtCrowdy Fanautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite Heraldcenter_img Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof Share whatsapp Show Comments ▼ Tags: NULLlast_img read more

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BEST OF THE BROKERS

first_img CARREFOURExecution Noble issues a “sell” rating on the French grocer following its first-half results yesterday. The broker says some of Carrefour’s key markets are deteriorating, for example in Brazil, and that the firm’s new strategy in France will be critical to any recovery. Shares are trading at a six per cent premium to the sector..NATIONAL BANK OF GREECEStandard & Poor’s maintains a “strong sell” recommendation after the bank’s second quarter results. NBG’s pre-tax profit of €104m missed broker forecasts due to higher costs and credit losses, though revenues were in line. The broker says Greece’s macro instability paints a bleak medium-term outlook for margins.SANOFI-AVENTISRBS rates the pharmaceutical company a “buy” with a target price of €58 (£48), but argues the firm has only limited room for manoeuvre following its initial takeover approach for US peer Genzyme. The broker says the purchase would give opportunities for considerable cost-cutting, but is less convinced of some production synergies. Tags: NULL BEST OF THE BROKERS Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof Share Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeNoteabley25 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 TimesUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsUndoSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search AdsUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndocenter_img whatsapp whatsapp Show Comments ▼ Tuesday 31 August 2010 8:40 pm KCS-content last_img read more

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State workers earning £7k more than those in the private sector

first_img Show Comments ▼ Tuesday 14 September 2010 9:02 pm State workers earning £7k more than those in the private sector 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 TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com whatsapp KCS-content Tags: NULLcenter_img whatsapp PUBLIC sector workers are paid an average of £7,000 a year more than their private sector counterparts once pension contributions are taken into account, according to the Office for National Statistics (ONS). The ONS September Economic & Labour Market Review found state employees earn an average of £615 a week, including pension provision, compared with an average of £479 a week in the state sector. This equates to an average of £31,980 a year for public sector workers, compared to £24,908 in the private sector.The ONS figures reveal average pay is lower for private sector workers, even before pensions are taken into account. Average public sector pay is £539 a week before pensions, compared to £465 on average in the private sector. More From Our Partners Mark Eaton, former NBA All-Star, dead at 64nypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA 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.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comWhy people are finding dryer sheets in their mailboxesnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.com Sharelast_img read more

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CHINA REASSURES POOR OVER?FOOD?PRICES

first_img whatsapp CHINA REASSURES POOR OVER?FOOD?PRICES whatsapp 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 ▼ KCS-content center_img CHINA’S government yesterday insisted that inflation is firmly under control, after food prices jumped 10.1 per cent in October. The government threatened price controls, and promised food subsidies for the poor. Meanwhile, Thailand technically entered recession after its economy retracted for the second quarter in a row, falling by 0.2 per cent. The annual rate of growth however, is still positive, expanding at 6.2 per cent. 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 TimesUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoAlphaCute30 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 Share Monday 22 November 2010 7:17 pm Tags: NULLlast_img read more

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Apple TV sales hit the 1m mark

first_imgTuesday 21 December 2010 8:15 pm Tags: NULL whatsapp Apple TV sales hit the 1m mark Apple expects sales of Apple TV to top 1m units this week, showing that the device is gaining traction in bringing the Web to TV. Apple also said yesterday that iTunes users are now renting and buying more than 400,000 TV shows and more than 150,000 movies per day.“One million is a real benchmark,” said Daniel Ernst, an analyst with Hudson Square Research. “To put it in perspective, they are within shooting range of some of the smaller cable operators like Cablevision with 3m subscribers.” Share Show Comments ▼ Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily 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 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 whatsapp KCS-content last_img read more

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Rolls-Royce awarded US Navy contract

first_imgMonday 17 January 2011 2:51 am John Dunne whatsapp Rolls-Royce awarded US Navy contract 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 TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldSenior Living | Search AdsNew Senior Apartments Coming Nearby Scottsdale (Take a Look at The Prices)Senior Living | Search Adscenter_img whatsapp 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 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 WrapThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayot’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap Show Comments ▼ Engineering group Rolls-Royce said it had won a contract to supply gas turbines and waterjets for up to ten of the US Navy’s Littoral Combat Ships.Rolls-Royce already supplies propulsion equipment for some of the Lockheed Martin-built vessels and the new deal extends this with one firm order and options on a further nine ships, Rolls said.Neither company gave a value for the contract.Shares in Rolls-Royce have risen 5.3 per cent in the last three months. Tags: NULLlast_img read more

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Dissatisfied bank customers still remain loyal

first_img whatsapp Dissatisfied bank customers still remain loyal 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 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 WrapThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayot’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap 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 PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com Tags: NULLcenter_img Tuesday 18 January 2011 7:21 pm KCS-content whatsapp LAST week we saw that Santander had a difficult 2010 in terms of customer perceptions, with poor service quality leading to customer dissatisfaction and driving down scores across all BrandIndex measures. This week we ask whether that actually matters, as a new report from YouGov SixthSense into the customer journey suggests that customer inertia may give Santander hope. Only 15 per cent of adults have changed their main bank in the past five years, and most of those have done so for lifestyle reasons. The reason for this low customer churn is that 40 per cent of those that haven’t changed are “reluctant loyalists” – those who are not satisfied with their provider but remain loyal. The concern remains, however, as the report reveals that among adults who have changed their provider in the past five years, the impact of positive reviews on financial websites (49 per cent), positive reviews in the personal finance pages of newspapers and magazines (40 per cent) and features in the best buy tables of price comparison websites (40 per cent) are strong. Assuming their reluctant loyalists make their voices heard, Santander is likely to record poor reviews, but the main impact of this will probably be that the bank fails to attract new customers, rather than losing existing ones. The conundrum for banks chasing Santander’s dissatisfied customers is that whilst it is customer service levels that drive satisfaction, it is the bank’s offerings that people look at when considering a new provider. “Better value for money” (50 per cent) and “bank charges” (49 per cent) both outperform “customer service” (42 per cent) as factors precipitating change. The challenge, then, is first to overcome the inertia by playing on service dissatisfaction and then to show that they have better offerings than their competitors.Stephan Shakespeare is founder and chief executive of YouGov. Show Comments ▼last_img read more

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Heineken sees lift as cost cuts pay off

first_img Show Comments ▼ Heineken sees lift as cost cuts pay off whatsapp Wednesday 16 February 2011 8:16 pm Share KCS-content center_img HEINEKEN, the world’s third-largest brewer, beat full-year earnings forecasts as cost cuts in Europe and savings from a large Mexican acquisition more than offset lower beer sales, lifting its shares.The group, whose main brands are Heineken and Amstel, which are Europe’s number one and three beers, said it expected drinkers in Latin America, Asia and Africa to buy more of its lagers and other drinks this year. The company said it would almost completely offset an expected low single-digit percentage rise in costs with higher prices.Investors had been keen to hear the Dutch brewer’s outlook on rocketing raw material costs, likely to be a hot issue in 2011. The futures price for malting barley has risen 50 per cent since the launch of the contract in May last year. Chief executive Jean-Francois van Boxmeer said: “Harvests influence a lot of the pricing. We are happy with that and we are of course now preparing the next year [2012] and there are still many uncertainties.”The group said it expected European and US consumers to be cautious this year due to unemployment and austerity measures. But it said the premium beer segment, including its Heineken brand in many markets, would outperform the beer market overall. Heineken did not disclose figures for the UK business but said the group’s western European arm reported a 3.6 per cent decline in volumes in 2010, while operating profits were up 14 per cent to €904m (£761.6m).Its shares rose 3.1 per cent to close at €38.04 yesterday. More From Our Partners Colin Kaepernick to publish book on abolishing the policethegrio.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.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comKiller drone ‘hunted down a human target’ without being told tonypost.comKansas coach fired for using N-word toward Black playerthegrio.comMark Eaton, former NBA All-Star, dead at 64nypost.comFort Bragg soldier accused of killing another servicewoman over exthegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com Tags: NULL 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 ScottsdaleMoneyPailPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com whatsapplast_img read more

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Qatar keen to buy RBS and Lloyds stakes

first_img 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 QATAR plans to buy stakes in RBS and Lloyds Banking Group, the nation’s Prime Minister told David Cameron yesterday. Prime Minister Sheikh Hamad bin Jassim bin Jabr al-Thani said when asked about the state-owned banks: “We are very open to any investment in the UK and we have discussed some.”The Qatar Investment Authority already has several billion pounds tied up in the UK, including stakes in Sainbury’s, Barclays and Harrods. The UK’s holding of 83 per cent in RBS and 40 per cent in Lloyds is not expected to be sold until at least September, once the Independent Commission on Banking reports on the possible break-up of UK banks.Cameron, who is leading a trade delegation in the Middle East this week, also praised Qatar’s deal with Centrica yesterday, which will see state-run Qatargas deliver 10 per cent of the UK’s gas demand in an agreement worth £2bn. Qatargas is to deliver 2.4m tonnes of liquefied natural gas (LNG) a year for the next three years to Centrica, the owner of British Gas. Cameron said the deal was “good for Britain, good for our energy security, good for jobs, and good for economic growth”.Centrica chief executive Sam Laidlaw, who is accompanying Cameron on his tour, said he hoped the deal represents the start of a long-term relationship between the two countries.The agreement is the first time a UK company has signed up for a long-term LNG supply. FAST FACTS | QATAR’S INVESTMENTSThe Qatar Investment Authority was set up in 2005 to diversify Qatar’s oil-driven economy.The sovereign wealth fund has a 24 per cent stake in Canary Wharf owner Songbird, 15 per cent of the LSE and swathes of London property. Show Comments ▼ whatsapp 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 PastPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodaySenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search AdsSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeHistorical GeniusHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeHistorical Genius Wednesday 23 February 2011 9:13 pmcenter_img Share whatsapp Tags: NULL Qatar keen to buy RBS and Lloyds stakes KCS-content last_img read more

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