Business News in Brief: 21/11/2010
Sunday 21 November 2010
Reed pleads for cash help for those seeking work
Reed in Partnership says that almost all long-term Job Seeker's Allowance claimants are too poor to return to work without help.
Of the 4,000 long-term job seekers Reed has helped into employment in the past year, 96 per cent needed money for travel, interview clothing, childcare and other expenses. Reed estimates that the average cost of finding a job is £146. It wants the Government to say what it is doing to help the long-term unemployed pay these costs.
Obama hopes for boost from economy
US president Barack Obama is expecting some much needed cheer on Tuesday when the country's latest DGP data is released. It is expected that the US will have grown 2.4 per cent in the last quarter, up from 2 per cent during the previous three months. The news will help the president's fightback after devastating mid-term elections, which saw the opposition Republican Party make massive gains due to widespread discontent over the economy.
Compass, the caterer, set to post £900m profit
Contract caterer Compass Group is expected to announce a full-year pre-tax profit of around £900m next week, as a swathe of companies announce final and interim results. Mitchells & Butlers, the Beefeater and Toby Carvery restaurant chain owner, is not expected to pay-out a dividend, despite raising hundreds of millions in a series of pub disposals this year. Engineering consultant Atkins, speciality chemicals group Johnson Matthey and utility Severn Trent also report.
Is your name now 'banned' in Saudi Arabia?
Exclusive: World’s most pristine waters are polluted by US Navy human waste
Croatia's second city to close 'worst zoo in the world' after reports of 'nightmare' conditions and 'depressed' animals
Missing Malaysia Airlines Flight MH370: Did jetliner fly into area controlled by Taliban? Net widens after claims final satellite signal could have been sent from the ground
Missing Malaysia Airlines Flight MH370 Q&A by Simon Calder: How far could it have travelled? Who was responsible and what would their plans be? And how can a plane just vanish?
Katie Hopkins continues campaign to become Britain's most hated talking head with poorly timed Bob Crow tweet
Ukip and Nigel Farage on course for remarkable victory in European elections
No EU referendum under Labour: Ed Miliband to reveal that vote on membership is ‘unlikely’ in next Parliament if party wins power
Tony Benn was entirely ineffectual - and usually wrong
The rise of Ukip: Study warns Labour that Eurosceptic party's electoral base now 'more working class than any of the main parties'
Europeans have ‘got whiter’ due to natural selection in past 5,000 years, scientists say
- 1 Is your name now 'banned' in Saudi Arabia?
- 2 Gender-specific books demean all our children. So the Independent on Sunday will no longer review anything marketed to exclude either sex
- 3 Missing Malaysia Airlines Flight MH370 Q&A by Simon Calder: How far could it have travelled? Who was responsible and what would their plans be? And how can a plane just vanish?
- 4 California man Christopher Viatafa surrenders to police after googling own name and discovering himself listed as ‘most wanted’
- 5 'Missing Malaysia Airlines Flight MH370 plane found in Bermuda Triangle!' Viral Facebook links are profiting hackers
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