Friday 15th June, 2012, 05:40 | London

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Rupert Murdoch's "fail-wall" - "Open" Guardian revenues up 50% 
Posted on  15-10-2010 01:29:55 AM (GMT +01:00)
Published By  [email protected]

Figures have suggested that the great Rupert Murdoch pay-wall experiment is failing while the "open" Guardian website has increased revenues by 50%.

Circulation figures from ABC show that The Times and Sunday Times print sales fell 14.8% and 9.5% year-on-year respectively.

The strategy was designed to protect hard ...

  
Job losses force bankers to seek temporary roles or positions abroad 
Posted on  30-01-2012 07:42:35 AM (GMT +01:00)
Published By  Paula Planelles Manzanaro

City News Desk

With more banks planning cuts to headcounts bankers, are contacting headhunters and accepting temporary positions and postings abroad, according to one of London’s leading headhunters.

Fear among bankers is increasing in the capital after the latest news of job losses. According to estimates ...


  
Regeneration project in Canary Wharf will bring an extra 20,000 jobs 
Posted on  21-01-2012 02:59:08 AM (GMT +01:00)
Published By  Paula Planelles Manzanaro

By Paula Planelles Manzanaro
Property News Correspondent

An impressive regeneration plan takes its next step in Canary Wharf this year. Canary Wharf Group will take control of the 4.8 million square feet Wood Wharf site, paying £90m to buy out Ballymore and British ...


  
Euro crisis now hitting the core nations in EU 
Posted on  14-01-2012 09:12:25 AM (GMT +01:00)
Published By  City News Desk

City News Desk

Standard & Poor's decision to downgrade France’s credit rating from the top level AAA credit rating and downgrade eight other European countries has highlighted that the Euro-zone crisis is not a problem for the southern EU economies but one that ...

  
City job prospect gloom 
Posted on  10-01-2012 12:51:53 PM (GMT +01:00)
Published By  City News Desk

Record numbers to lose jobs in financial services in 2012

City News Desk

The Square Mile, and financial services in London has seen a starling drop in job openings, a 43 per cent decline according to new figures.


According to a leading financial services ...

  
Record numbers of Chinese shoppers on sales day in London 
Posted on  26-12-2011 02:55:45 AM (GMT +01:00)
Published By  News Desk

News Desk

The London economy is riding high because of record numbers of shoppers from China and the Far East spending on average £1,700 each during the Christmas sales, with leading shops like Selfridges seeing thousands of Chinese queuing up to get their hands on discounted luxury brands.

  
No new airport for London its better roads business demand 
Posted on  05-09-2011 10:03:39 AM (GMT +01:00)
Published By  News Desk

News Desk

London businesses are calling on the next mayor of London to focus on improving the roads of London and preventing utility works causing so much disruption in London.

According to a survey published by Londonlovesbusiness.com out of 760 businesses, 57 per cent listed as ...


  
Bloodbath in London banking jobs 
Posted on  24-08-2011 08:20:38 AM (GMT +01:00)
Published By  City News Desk

City News Desk

Jobs in London's financial services are being axed at levels not seen in recent times with UBS leading the charge in a decision to cut 5 percent of its workforce globally leading to 300 loses in London, and 40,000 jobs across Europe are ...


  
London to be punished for EU financial crisis 
Posted on  30-06-2011 07:57:02 AM (GMT +01:00)
Published By  News Desk

News Desk

The Square Mile and financial services in London will be punished with punitive taxes imposed by Brussels in the form of a new proposal to use a financial transaction taxes (FTT) to fund an extra £93bn needed for EU spending increases.


  
Retail in crisis as Argos sales slump, Comet looking at selling sites 
Posted on  10-06-2011 09:22:01 AM (GMT +01:00)
Published By  City News Desk

City News Desk

Retailers on the high street are struggling to deal with the negative psychology of shoppers who are simply not buying goods at present, with Argos revealing a 9.6% slump in sales, and 20% drop in sales of electronic goods.  

Comet has revealed in a ...


  
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