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.
- 1 Man who held up 'hire me' sign at Waterloo station returns a year later with 'I'm hiring' sign
- 2 Mother of newborn Baby No 59 trapped in sewer pipe told Chinese police she 'heard crying' when she raised alarm
- 3 Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
- 4 Tennis fan suing Australian Open organisers for 'failing to shade spectators' during Murray match
- 5 This crazy skiing video will leave you feeling queasy
Man who held up 'hire me' sign at Waterloo station returns a year later with 'I'm hiring' sign
Mother of newborn Baby No 59 trapped in sewer pipe told Chinese police she 'heard crying' when she raised alarm
Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
AirAsia QZ8501: Black box reveals warning alarms 'screamed' before crash, as more bodies recovered from near fuselage of jet
Rob Lowe hits out at White House decision not to meet Israeli leader
British Muslim leaders outraged after Eric Pickles says followers of Islam should 'prove their identity'
UK terror fears: My jihadist son returned from Syria mentally scarred – now he is being ignored
Nigel Farage: NHS might have to be replaced by private health insurance
Billy Crystal: 'Stop shoving gay sex scenes in my face'
French court convicts three over homophobic tweets, in case hailed as a 'significant victory' by LGBT rights campaigners
British Muslim school children suffering a backlash of abuse following Paris attacks
iJobs Money & Business
Negotiable: Recruitment Genius: A Tax Assistant is required to join a leading ...
£16000 - £25000 per annum: Recruitment Genius: This is an exciting opportunity...
£45000 - £47000 per annum + bonus + benefits: Ashdown Group: Java Developer / ...
£35000 - £38000 per annum + Benefits: Ashdown Group: Marketing Manager - Marke...