PZ Cussons upbeat amid tough market

first_img KCS-content whatsapp More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding 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.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com Monday 13 September 2010 7:48 pm PZ Cussons upbeat amid tough market Tags: NULL Show Comments ▼center_img PZ Cussons said yesterday new products, including Imperial Leather Skin Kind, a new formula Carex and The Sanctuary’s skincare range, meant it felt “cautiously optimistic” despite tough competition and an uncertain global economic environment.Cussons said its trading for the three months to September would meet City expectations.It said: “We remain cautiously optimistic for the full-year out-turn despite the global economic picture remaining uncertain and difficult trading conditions in some markets.”It added the Greek market had been hit by “difficult” trading conditions as the country’s economy struggles. But it has received a boost from Asian markets and said its promotional activity in Europe was helping to keep it competitive. 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 TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search AdsElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald Share whatsapp last_img read more

No review due for BSkyB deal

first_img Share whatsapp whatsapp KCS-content 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 Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proofcenter_img Show Comments ▼ Thursday 16 September 2010 8:23 pm No review due for BSkyB deal THE government has not yet decided whether to refer for review the proposed takeover of pay-TV group BSkyB by Rupert Murdoch’s News Corp, it said, responding to a report a review was likely. The BBC said business secretary Vince Cable was likely to ask the media regulator Ofcom to look at the impact of any takeover and whether it would reduce the plurality of voices within the British media sector. News Corp wants to buy the 61 per cent of the pay-TV group it does not own. Tags: NULLlast_img read more

McDonalds to sell lattes to Brits

first_img whatsapp KCS-content Fast-food retailer McDonald’s is to target the rapidly expanding British coffee market by selling espresso-based drinks alongside Happy Meals and Big Macs. McDonalds said it sold 84m cups of coffee last year and, since re-launching its coffee business three years ago, sales have jumped 39 per cent. The food chain expects to cash in on the expanding British coffee market, which is expected to grow by some £2bn by 2012. Share McDonalds to sell lattes to Brits Wednesday 22 September 2010 9:01 pm Show Comments ▼ More From Our Partners Killer 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.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.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.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.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‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.com whatsapp Tags: NULLlast_img read more

Restructuring cuts Northern Foods’ costs

first_img Tags: NULL Read This Next’Kevin Can F**k Himself’: Here’s Why Only Allison and Patty Are SeenThe Wrap20 Stars Who’ve Posted Nude Selfies, From Lizzo to John Legend (Photos)The Wrap’Batwoman’: Wallis Day on Circe’s ‘Deranged’ Warpath and the Key to SavingThe Wrap’Godzilla vs Kong’ Reaches $100 Million in US After Grossing $250,000 inThe WrapJoin a Conversation on ‘Cancel Culture in Comedy’ with Maz Jobrani, SkyeThe WrapAnya Taylor-Joy, Ralph Fiennes Join Searchlight’s Dark Comedy ‘The Menu’The WrapAfter ‘Black Widow,’ Kevin Feige Leaves Open the Possibility of OtherThe Wrap’Pose’ Creator Steven Canals on Life After His Groundbreaking Show: ‘I’mThe Wrap’The Boys’ Star Aya Cash Took Inspiration From YouTube, TikTok and SteveThe Wrap whatsapp food manufacturer Northern Foods saw sales growth accelerate in its second-quarter and said it was changing the structure of its business to save money as it braces for a possible double-dip recession.“We don’t know whether there’s going to be a double-dip or not but we are planning for it and keeping a weather eye open on it,” chief executive Stefan Barden said yesterday. He said the firm, which makes own-label products for retailers as diverse as premium food seller Marks & Spencer and discounter Aldi, would shift from five business units to two divisions – branded and chilled.The branded division will comprise Goodfella’s Pizza, McDougalls and Hollands Pies, Fox’s Biscuits and Matthew Walker Puddings, while the chilled division will combine sandwiches and salads with ready meals and the firm’s British Airways supply business.Northern Foods said the move would mean a restructuring charge of up to £6m, with payback by the end of 2011. Some jobs would go with a consultation programme under way.Barden said he expected competitive market conditions to continue and forecast a two to four per cent rise in input costs going into 2011.But he said action taken at the start of the last recession, when the firm increased the proportion of value lines to 20 per cent of sales, meant it was well placed if consumers rein in spending.“If it happens again we can react very quickly and deliver what the retailers want,” he said.Northern Foods has lost over a third of its value over the last year, underperforming a five per cent rise in the UK food producers’ index. The stock closed up half a per cent yesterday, valuing the business at £216m.The firm said underlying sales rose 7.1 per cent in its second quarter to 2 October, having fallen 1.6 per cent in the first quarter. The outcome reflected a rise of 16.4 per cent in the chilled division and a 10.9 per cent increase in the bakery division. Show Comments ▼ Restructuring cuts Northern Foods’ costs Share whatsapp KCS-content Tuesday 5 October 2010 7:45 pmlast_img read more

US banks set to suffer from trading slump

first_img ANALYSTS have slashed their forecasts ahead of the slew of US banks reporting third quarter earnings this week, as concerns over a steep fall in trading activity and the housing foreclosure ruckus in the States weighed on expectations.Wall Street bank shares had rallied last week after JP Morgan topped analysts’ consensus earnings forecasts of 90 cents per share with $1.01 per share.But the sector has since taken a battering at the hands of investors as it suffers a probe into illegal mortgage foreclosure practices and fears over the earnings impact of a slowdown in Wall Street securities activity.The banks reporting next week are widely expected to record an uptick in profits due to lower one-off impairment charges, though analysts are concerned that the trading slump over the summer will have disproportionately hit investment banking revenues.Citigroup, which reports third quarter earnings today, is expected to post earnings of 5.7 cents per share, down from an analyst consensus of 6.25 cents per share just a week ago, according to Thomson Reuters data.Predictions for Goldman Sachs earnings per share, revealed tomorrow, have also dropped sharply over the week to $2.28 per share, while Bank of America, also reporting tomorrow, is now thought likely to post earnings of under 10 cents per share.Morgan Stanley is expected to earn between 15 and 20 cents per share, down from 38 cents a year ago.Wall Street has been hit with a barrage of gloomy predictions in recent weeks, including renowned analyst Meredith Whitney’s prediction that 80,000 investment bankers are likely to be culled in the next two years. whatsapp Tags: NULL US banks set to suffer from trading slump Sunday 17 October 2010 11:28 pm Show Comments ▼ Share KCS-content whatsapp 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 Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe 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 Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wraplast_img read more

F&C boosted by jump in assets under management

first_img F&C Asset Management reported higher-than-expected assets under management in its third quarter, boosted by the takeover of rival Thames River and rising equity and bond markets. F&C said AuM swelled 13.5 per cent to £108.2bn in the quarter to September 30, beating analyst forecasts for between £105bn and £107.7bn after winning £600m of net new business.Analysts at JP Morgan Cazenove described the performance as encouraging but retained their “neutral” rating on the stock.KBC Peel Hunt confirmed a “buy” recommendation and noted the introduction of Sherborne Investors to the shareholder list was a “clear catalyst to improved shareholder returns.”Edward Bramson’s Sherborne lifted its stake to 14.6 percent in August, triggering speculation a bid was imminent and raising doubts about the future of F&C Chief Executive Alain Grisay. Sherborne has not outlined its strategy.F&C’s results reflect improving confidence among investors seeking extra returns or ways to hedge their risks after a period of caution in the wake of the global financial crisis.F&C inflows over the quarter were broadly in line with larger rival Aberdeen Asset Management’s (ADN.L) 621 million pounds net new business, while smaller rival Henderson (HGGH.L) posted outflows.Larger rival Schroders Investment Management (SDR.L) is due to report on November 9.SPECIALIST TARGETF&C saw outflows of about 1.1 billion pounds, mostly from institutional funds, offset by inflows of more than 5.8 billion pounds, boosted mainly by £4.2bn from Thames River and inflows into institutional business.This is in marked contrast with the previous quarter, when F&C shed £605m.A stronger euro versus sterling added about £3.3bn. Positive market movements in equities and fixed-income increased assets by £4.8bn.F&C said it secured £1.6bn of new business commitments at the end of the quarter and was targeting new business in specialist and higher-margin products.“We expect institutional redemptions to slow further in 2011, following the trend in 2010,” it said in a statement, adding it also expected weaker growth in new institutional business in the fourth quarter.F&C completed the acquisition of Thames River Capital in September, paying £33.6m plus £15m to retain key staff. F&C boosted by jump in assets under management Friday 29 October 2010 8:57 am Tags: NULL John Dunne Share Show Comments ▼ whatsapp 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 CenterGloriousaCouple Wins Lottery, 5 Years Later, Their House Had To Be DemolishedGloriousa whatsapplast_img read more

Celebrating the best of the City

first_img Mayor of London Boris Johnson snapped up the most prestigious gong at CityA.M.’s inaugural awards ceremony last night.A panel of judges, made up of some of the most influential members of the Square Mile’s financial community, voted unanimously for Johnson to be personality of the year, saying that he was a “wild personality” and “larger than life”. They praised him in particular for repeatedly speaking out as a lone advocate for London’s financial services community in what has been one of its toughest periods.Accepting the award last night, the mayor told the 450-strong audience gathered at the Grange Hotel, St Paul’s, that he was honoured by the recognition. “I’m glad we are sticking up for financial services and I will continue to do so as long as I am Mayor and as long as I have breath in my body,” Johnson said.The panel was also unanimous in voting for Burberry as CityA.M.’s company of the year in 2010. Best known for its upmarket fashion products with a peculiarly British slant, Burberry recently edged up full-year profit expectations after achieving 18 per cent sales growth. Chief executive Angela Ahrendts said yesterday that Burberry focused on “style, structure and values” to make Burberry “the great company it is”. Burberry finance director Stacey Cartwright collected the award on behalf of the company.Other winners of awards included the Arsenal Football Club chief executive Ivan Gazidis, who won an award as the rising star of the year. Gazidis, who recently announced record-breaking profits at Arsenal, was voted as a rising star because he has shown that spending your way to the top is not the only way to achieve success in the ultra competitive world of Premier League football.JP Morgan Cazenove was deemed by the judges to be the investment bank of the year. The judges said the bank continues to perform very strongly, with its influence felt across most major deals of the year. Summing up the evening in his opening speech, CityA.M. editor Allister Heath said it was an “evening of festivity and optimism – two commodities that have been far too scarce in recent times.” ALLISTER HEATH: P2, Celebrating the best of the City Show Comments ▼ KCS-content whatsapp whatsapp 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 Share Tags: NULL Thursday 28 October 2010 9:34 pmlast_img read more

UK listed companies are failing on green policies

first_img Share KCS-content UK listed companies are failing on green policies whatsapp Tags: NULL whatsapp 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 WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe 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 Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrapcenter_img Sunday 7 November 2010 8:39 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteBridesBlushThis Is Why The Royal Family Kept Quiet About Prince Harry’s Sister BridesBlush UK-LISTED companies are failing to follow guidelines on how they monitor their carbon footprint, according to Deloitte. The business advisory firm’s survey of 100 companies revealed that none were adequately addressing the environmental impact of their operations. Only 37 per cent provide statistics on how much pollution they were creating, while only one in five had set themselves targets for keeping emissions down. Meanwhile only eight per cent had invited a third party in to review the way they tackle green issues. The companies should be following guidelines set out by Defra.Jenny Harrison, director in Deloitte’s energy practice and carbon reporting and assurance team, said: “The survey shows a high degree of variation in carbon reporting practices, and many companies, particularly those outside the top tier of FTSE companies, could do better.“The wide variety of reporting practices does not facilitate comparison between companies or industry and reducing their carbon footprint.” The survey showed that 57 per cent of companies reported carbon emissions in some way but not effectively. Show Comments ▼last_img read more

REWRITING THE RULE BOOK FOR CITY LIFE

first_imgWednesday 10 November 2010 8:19 pm REWRITING THE RULE BOOK FOR CITY LIFE RULES, rules, rules – it’s probably fair to say the financial services industry is getting a little sick of them by now, after being hit by a hammer blow of regulatory changes in the wake of the crisis.But that hasn’t deterred Canon David Parrott, guild vicar of the St Lawrence Jewry church on the Guildhall yard, who’s taken it upon himself to re-write the City rule book – quite literally – in order to provide guidance on how to live a better life.The original, written by former Lord Mayor Sir John Barnard in 1740, is still given to new Freemen of the City of London today, and features 36 short “rules” for life, along with references from the Bible to back them up.Parrott – whose name may be familiar to some, since he shot to prominence earlier this year for blessing BlackBerries, phones and laptops at a Plow Monday service – has merely updated the rule book using modern English to make it more relevant for today.“The challenges presented to the City by the financial state it has been in for the past couple of years have caused some people to question the values by which they live their lives – some of the same values which are central to the church,” says Parrott, who’s enlisted the business world’s most famous man of the cloth – HSBC chairman Stephen Green – to deliver the first of a series of lectures to mark the book’s launch later this month at St Lawrence Jewry.The sub-headers to the rewritten book – “Rules for living the high-life without being a low-life”, for example – certainly sound like he’s hit the nail on the head on the advisory front.TOP LIP TOPIARYIf you’ve felt baffled over the past week or so by the number of usually dapper gentlemen in the Square Mile who’ve been sporting sparse growths of hair on the upper lip, allow The Capitalist to explain.We’re currently in the middle of “Movember”, the month when many men go through the public humiliation of growing a moustache from scratch, to raise funds and awareness for the Prostate Cancer Charity.Bank of America Merrill Lynch’s Stewart Jones is one charitable soul braving the abuse for a good cause, and tells me that the style of choice this year is shaping up to be the Mexican drop-down moustache. The reasoning? The more out-there the growth, the more likely it is that others will realise that you’re taking part, rather than just forgetting to have a proper shave in the mornings. Next stop: the Edwardian twizzle-sided moustache.TALL ORDERUseless trivia of the week, courtesy of the National Business Awards on Tuesday evening – where Dragon Peter Jones’ National Enterprise Academy was the charity partner.The rather diminutive Capitalist had never realised, watching Jones on-screen, that he was such a statuesque fellow, standing an impressive 6’7” tall.“That’s right,” he laughed. “You know what? When we’re filming in the Den, they even have to put Theo Paphitis’ chair on stilts so that I don’t look like such a giant…” KCS-content Share Tags: NULLcenter_img whatsapp Show Comments ▼ whatsapplast_img read more

Construction projects still growing in UK

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeFinanceChatterViewers Had To Look Away When This Happened On Live TVFinanceChattermoneywise.comKirkland Products That Are Actually Big Brands In Disguisemoneywise.comYourDailyLamaHe Used To Be Handsome In 80s Now It’s Hard To Look At HimYourDailyLamaPost FunCouple Makes A Bet: No Eating Out, No Cheat Meals, No Alcohol. A Year After, This Is ThemPost FunTotal PastThis Woman’s Obituary Was So Harsh, Her Son Was Left ReelingTotal PastZen HeraldShe Inspired Three Of The Most Popular Songs EverZen Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.combonvoyaged.comYour IQ Is 142 If You Get 15/20 On This General Knowledge Quizbonvoyaged.comMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStory Tags: NULL KCS-content More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.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.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPuffer fish snaps a selfie with lucky divernypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com Thursday 2 December 2010 7:31 pm Share center_img Show Comments ▼ BRITISH construction unexpectedly increased in November, it was revealed yesterday.In a boost for the economic recovery, construction increased to 51.8 in the Purchasing Managers Index (PMI), a measure of business activity.The index was up slightly, from 51.6 in October. All figures over 50 indicate growth in the sector.The rate of growth had fallen in recent months, after the boom witnessed in the second and third quarters of the year. Between April and October, the index fell by 6.6 points.The surge in construction from April to June — attributed to a sudden uptake of projects delayed by the recession and the harsh winter conditions – added 0.6 per cent growth to British GDP, according to Howard Archer of IHS Global Insight.Yet the economy can no longer rely on construction to significantly aid its recovery. The industry totals just 6.3 per cent of GDP, said Archer.Construction growth nonetheless remains steady, driven largely by commercial activity. “Private commercial development is the most resilient sub-sector at the present time,” said Simon Rubinsohn of the Royal Institution of Chartered Surveyors.Yet house building fell for the third consecutive month. “The weaker housing market makes builders nervous about committing to large new building projects,” said David Noble of the Chartered Institute of Purchasing and Supply, who compiled the data. Construction projects still growing in UK whatsapp whatsapplast_img read more