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.
World's most lethal spider found under a bunch of bananas
Rumours that the star wants to move on to pastures new
TV presenter Fiona Bruce seemed a bit startled by the find during the filming of Antiques Roadshow
Comedian says he 'never laughed as hard as I have writing with Rik'
- 2 Ebola outbreak: What is bushmeat – and is it to blame for the disease that has killed thousands?
- 4 Meet Thea, Norway's 12-year-old child bride
Ebola outbreak: What is bushmeat – and is it to blame for the disease that has killed thousands?
Oscar Pistorius sentencing: Olympic star must serve 10 years, prosecutor urges
Isis fighters 'crucify' 17-year-old boy in Syria
Kentucky gang rape: 15-year-old boy left in critical condition after sexual attack by group at party
Oscar Pistorius sentence: Athlete's wealth and notoriety provoke an overdue debate on South African prisons
Cameron is warned 'no possibility' of UK reducing immigration and that bid to bring in quota on migrant workers would be illegal
Sorry Judy Finnigan – Ched Evans is no less sickening than an alleyway rapist
Residents should throw a street party and mix with immigrant neighbours, councils told
Workers 'could be forced to pay £5 a week' to get benefits
Russell Brand threatened with arrest after filming outside Fox News headquarters
Amal Alamuddin calls for the return of the Elgin Marbles from Britain: 'Injustice has persisted for too long'
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