Cold winter boosts Gazprom

first_img Cold winter boosts Gazprom RUSSIA’S Gazprom, the world’s biggest gas producer, beat forecasts for first-quarter sales and profit, as a surge in domestic revenues offset a sharp drop in prices to European customers.Gazprom supplies a quarter of the European Union’s gas needs, but economic weakness has slashed demand, and some customers there have secured lower prices on long-term contracts, citing cheaper fuel on spot markets.Gazprom’s total revenue increased 14 per cent to 956.8bn roubles (£20.2bn), compared with a Reuters poll estimate of 946.6bn, as domestic sales jumped 47 per cent.Export sales, mostly to Europe, Gazprom’s biggest gas export market, declined by 22 per cent to 286.22bn roubles, as a 36 per cent drop in prices outweighed a rise in sales volumes of 37 per cent.Gazprom said it did not expect any further contract revisions, but abandoned its previous projections for an increase in European sales to 145bn cubic metres this year from 142 bcm in 2009.“We expect gas sales [volumes] to Europe in 2010 to be flat compared to 2009,” chief financial officer Andrei Kruglov said.Gazprom’s free cash flow for the quarter hit a record 233bn roubles, nearly triple the amount for all of 2009, which put it in a more comfortable position to manage its 977bn roubles net debt, which it said it would continue to cut after having cut it by nearly 30 per cent in the three months.Earnings before interests, taxes, depreciation and amortisation rose to 407bn roubles from 337bn roubles a year ago and 334bn roubles in the last quarter of 2009. KCS-content More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida 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.orgKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.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.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comWhy people are finding dryer sheets in their mailboxesnypost.com Share Tags: NULL Show Comments ▼center_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal 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.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldDrivepedia20 Of The Most Underrated Vintage CarsDrivepedia whatsapp Thursday 2 September 2010 7:30 pmlast_img read more

Morgan Stanley in recruitment freeze

first_img 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 Show Comments ▼ whatsapp Tuesday 28 September 2010 6:51 am John Dunne Morgan Stanley in recruitment freeze Sharecenter_img whatsapp Morgan Stanley, which employs more than 5,000 people in London, has put a freeze on hiring staff for the rest of the year.The US investment bank said although it was not hiring it had no plans for large-scale lay-offs this year.THE Royal Bank of Scotland earlier announced the axing up to 500 back-office jobs from its investment banking division, whichis mainly based in London. 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 ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily Proof Tags: NULLlast_img read more

Chinese output picks up again

first_img Chinese output picks up again Wednesday 29 September 2010 11:07 pm More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.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.orgKiller drone ‘hunted down a human target’ without being told tonypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comConnecticut man dies after crashing Harley into live bearnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPuffer fish snaps a selfie with lucky divernypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com Tags: NULL KCS-content Chinese manufacturing is picking up after slowing in the first half of 2010. A rise in HSBC’s China Purchasing Managers’ Index to a five-month high in September pointed to renewedmomentum in the vast industrial sector that is the backbone of China’s economy. The index rose to 52.9 from 51.9 in August. Share Show Comments ▼ whatsapp whatsapplast_img read more

Job freeze looms as firms suffer

first_img whatsapp Job freeze looms as firms suffer Tags: NULL Show Comments ▼ ABOUT 5,000 fewer jobs than expected will be created in the City this year as government proposals to introduce a permanent immigration cap, the 50p tax rate and regulatory uncertainty force investment banks to put the brakes on hiring. Economic consultancy the Centre for Economic and Business Research (CEBR), which tracks financial services recruitment, yesterday slashed its forecast for the number of jobs created in the City in 2010 by a third from 14,000 to 9,600, while forecasting dire prospects for 2011 saying only 2,700 new jobs would be created.It expects the average number of people working in the sector in Britain to increase from 305,000 to 315,000 this year, rising to 318,000 in 2011. This is a significant downgrade from just six months earlier when it forecast that the average number of people working in the sector would rise to 319,000 this year and 327,000 next year.The group said the coalition government’s increasingly “anti-business” proposals were forcing some of the City’s biggest players to freeze recruitment. “There was a lot of talk from the coalition government when it first came to power about how Britain was open for business again but a lot of businesses are quite concerned about the measures that are potentially about to be brought in because they are going to make it much harder to do business in the UK in the future,” said Scott Corfe, economist at the CEBR.Corfe said the biggest concern of legal, business services and investment companies was the immigration cap, introduced in July, which limits the number of skilled workers entering the UK from outside of the European Union to 24,100. Due to be made permanent next April, critics of the cap say it means companies will not be able to bring in enough skilled workers to carry out vital functions that help them grow their business. The CEBR says together with the 50 per cent tax on higher earnings and regulatory uncertainty, businesses could be forced to move abroad.JP Morgan Chase, Deutsche Bank and PricewaterhouseCoopers (PwC) have all expressed concerns about the immigration cap. PwC warned recently that businesses were “struggling to operate” and having to put projects on hold. A Treasury spokesperson said the government was committed to ensuring the City “remains a competitive location for financial services” but that also meant reducing “the systemic risk the financial services sector poses to the wider economy.” 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.comHistorical GeniusHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeHistorical Genius Wednesday 6 October 2010 9:05 pm Share KCS-content last_img read more

BEST OF THE BROKERS

first_img Tags: NULL BARCLAYSAccording to Evolution, the UK is most likely to follow Switzerland and implement higher minimum Core Tier 1 ratios. Barclays will have a roughly 8.7 per cent Core Tier 1 by 2012: if the “UK finish” is a 10 per cent ratio, Barclays will be £7bn short of capital. The broker warns a “deal-cum-rights-issue” is the most likely option but it could be very dilutive.TESCOShore Capital says that with annual trading profit growth of around 10 per cent forecast in the medium term, coupled with the ongoing extraction of working capital benefits and the continuation of the sale and lease programme, its analysis points to Tesco being an increasingly cash generative business. It says “buy”.CARREFOURS&P Equity Research maintains its strong sell recommendation. The broker sees greater risk to the downside, believing it is 12 months away from seeing tangible evidence of operational initiatives working. S&P says it has operationally deteriorated, with its focus back on France leaving the 25 per cent P/E multiple premium to peers unwarranted. whatsapp More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.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.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org Share Sunday 17 October 2010 10:42 pm KCS-content Show Comments ▼ BEST OF THE BROKERS whatsapplast_img read more

FTSE announces rule change for UK listing of foreign companies

first_imgSunday 31 October 2010 11:29 pm Tags: NULL KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableyDiscovery23+ Sports Stadiums Around the World That Are Abandoned NowDiscoverySerendipity 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 Herald FTSE announces rule change for UK listing of foreign companies whatsapp center_img Show Comments ▼ 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 WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe 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 Wrap whatsapp FTSE has introduced new rules for foreign companies planning to list on its major indices, which are intended to simplify the current rules and protect City Investors. The rule change, announced through a nationality practice note, means foreign companies will have to sell at least 50 per cent of their shares in London, where previously they only had to issue 25 per cent of shares in the UK. The rule replaces a previous more stringent rule, which was designed to ensure no one party or group of shareholders could control a foreign company. But under the previous regime it was still difficult to work out a firm’s ownership structure.The only way around the rule was for companies to become incorporated in the UK. Sharelast_img read more

Construction loses momentum to fall to eight-month low

first_img Tags: NULL Tuesday 2 November 2010 9:19 pm Share Construction loses momentum to fall to eight-month low by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStorySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity Timesmoneycougar.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 ACTIVITY in the construction sector slowed more than expected in October to its weakest level in eight months, a closely-watched survey showed yesterday suggesting one of the key areas of recent UK economic growth could be faltering.The Markit/Chartered Institute of Purchasing and Supply construction purchasing managers index fell to 51.6 in October from 53.8 in September, against expectations for a more modest easing to 53.0. But still remained above the all-important 50 mark, which denotes expansion, rather than contraction.Construction contributed about a quarter to the 0.8 per cent growth recorded between July and September and around half of the 1.2 per cent growth in the second quarter, although it makes up only six per cent of total output.“The survey indicates that construction activity is losing momentum and the economy will not be able to rely on a significant growth contribution from the sector going forward,” said Howard Archer, economist at IHS Global Insight.The survey showed activity in the housing and civil engineering sectors fell in October, although commercial construction increased significantly.New orders continued to rise, albeit at the slowest pace in eight months, and firms cut jobs for the fourth month running even though businesses remained optimistic about the prospects for the coming 12 months.The construction sector was responsible for a quarter of the 0.8 per cent GDP growth in the third quarter. Show Comments ▼center_img whatsapp whatsapp More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org KCS-content last_img read more

SOCGEN STRATEGIST PUTS ASIDE HIS SHAME TO FLEX FOOTY MUSCLE

first_img whatsapp Show Comments ▼ whatsapp Share THERE’S been some glowering across the desks over at SocGen, where a divergence in the viewpoints of European economists Albert Edwards and Dylan Grice last week played out via email to their amused army of readers.Edwards, in a note playfully entitled “Shame on you, Dylan Grice”, defended his own perma-bearish “Ice Age” view on equities in the face of apparent bullishness from his colleague – and remarked that Grice’s view of inflationary pressures in Japan sending the Nikkei rocketing might, at a stretch, be useful “as a [cheap] hedge against my central case being wrong or, indeed, too early”.For a day or so, there was silence from Grice himself, until our man in the spotlight sent out his own impassioned defence of his forecasts – laced with a heavy dose of sarcasm.“I’ve been found out. All that stuff I’ve been writing on cheap ways to hedge tails or the search for mispriced intrinsic value has been a front to dupe Albert,” Grice began. “As someone gleefully concluded upon reading my work on the nascent bubble developing in EM, I’ve really just ‘lost the faith’ and don’t have the decency to come out and say so: shame on me!!!”But after a meandering note which ranged from chimpanzees and human evolution to the mood swings of the market and a withering attack on central bankers and QE, one thing’s clear: among the strategic niggles between Grice and Edwards, the former most definitely has the upper hand where it counts.“I have no idea if QE will work,” Grice wrote, “but does it really matter? I didn’t know Wayne Rooney was going to have a duff season when I chose him as my fantasy football captain, but the absence of a crystal ball hasn’t stopped me reaching the summit of our office league (and a comfortable twelve points ahead of Albert)”… MAN AND MACHINETo Amsterdam at the weekend to hear Henderson’s currency fund manager Bob Arends expound at length on the virtues of investing in currencies, which he argues are an investor’s dream – volatile, but not so jumpy as equities; liquid; transparent; with low correlation to more traditional investments, and so on.His fund has a rigorous strategy of screening currency pairs to weigh up the best investments based on balancing interest rate “carry” and risk, so The Capitalist was intrigued to hear him speculate over how far the dollar could fall. Would he ever, Arends was asked, intervene in the strategic modelling machine because of a personal view on a currency’s trajectory?“Never,” he replied, without a glimmer of sarcasm. “I am the machine…”Arnie, eat your heart out.TOUCH OF SPARKLEBack in the City, financial printing group Millnet hosted a party to celebrate its 15th birthday at the top of the Millbank tower, at which the canapés and champagne were paired, of all things, with a ladies’ fashion show by designer James Lakeland and a dance troupe of blonde beauties scantily clad in sequins.“There was nothing Carry On about it, it was really elegant,” one director tells me. “And anyway, we made sure we got sign off from all the girls working for us beforehand, to make sure they were happy with it.” A sign of the times, if ever there was one. Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoGloriousaCouple Had Their Home Demolished Because Of ThisGloriousaUndo KCS-content center_img More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller 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.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.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.comPuffer fish snaps a selfie with lucky divernypost.com SOCGEN STRATEGIST PUTS ASIDE HIS SHAME TO FLEX FOOTY MUSCLE Sunday 7 November 2010 8:39 pm Tags: NULLlast_img read more

Travelodge looks to tap into concert venues with raft of hotel openings

first_img KCS-content Show Comments ▼ whatsapp BUDGET hotelier Travelodge has exchanged contracts on two new hotels next to the MEN Arena in Manchester and Birmingham’s NEC.The £24m hotels deal will see 200 rooms built at each site, specifically chosen due to the increased popularity of live music, comedy and the enduring popularity of conference and exhibitions. The deals follow recent Travelodge exchanges near London Excel, the Liverpool Echo Arena and the Metro Radio Arena in Newcastle.Travelodge, which operates 452 hotels accounting for 30,504 rooms in the UK, Ireland and Spain, plans to grow its estate to 70,000 rooms or around 1,000 hotels by 2020.Paul Harvey, managing director for development at Travelodge, said: “The explosion in the popularity of live music and comedy events over recent years saw our hotels located near to arenas out perform expectations during the recession.“The NEC in Birmingham and the MEN in Manchester both attract the biggest acts, conferences and events from around the world so I am delighted we have been able to secure these locations. We have identified another three arenas we are looking to build in close proximity to and I hope we will secure those deals soon.”Travelodge is now seeking other potential sites near arenas. A focus is on London’s O2 in Greenwich, Wembley Arena and the SECC in Glasgow. Existing hotels near these popular concert and event venues have hit 100 per cent occupancy on nights when a major event is being held, Travelodge said. 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 whatsappcenter_img Share Travelodge looks to tap into concert venues with raft of hotel openings 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 HeraldHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGemZen 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 Sunday 14 November 2010 10:14 pm Tags: NULLlast_img read more

CBI welcomes schools plans

first_img CBI welcomes schools plans Wednesday 24 November 2010 7:26 pm More From Our Partners Mark Eaton, former NBA All-Star, dead at 64nypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comSupermodel 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.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org Share Show Comments ▼ whatsapp KCS-content Tags: NULL whatsapp THE business community welcomed the government’s white paper proposals aimed at reforming education policy yesterday, saying the government was right to focus on driving up quality and standards. Susan Anderson, director for education and public services policy at the Confederation of British Industry (CBI) said: “The government is right to focus on raising standards in literacy and numeracy. While many schools are already doing an excellent job, it is right that attention is being focused on helping young children achieve better results.”Anderson added businesses wanted students to leave school with high-quality qualifications, which were both recognised and understood. She suggested an “English baccalaureate” could be a good way of encouraging more young people to study academic subjects, such as languages, which businesses value. Anderson however called for a “more determined” focus on ensuring students study the three sciences separately at GCSE in order to be better prepared to study the subjects at A-level.The white paper, unveiled by education secretary Michael Gove, includes proposals to make foreign languages compulsory until the age of 16. It puts forward plans to reform league tables so schools would be ranked higher for the number of pupils taking GCSEs in five core subjects – English, Maths, science, a language, and a humanity. It suggests raising the threshold at which schools are considered to be failing. And it lays out plans for a reading test for six-year-olds; radical reform of teacher training and possible reform of “modular” GCSEs, which include coursework, in favour of “linear” exams taken after two years of study. last_img read more