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Holidaybreak’s education arm gives it a lift

first_img HOLIDAYBREAK – which operates Eurocamp – gave a glimmer of hope yesterday after poor results in the industry from Thomas Cook and TUI. The company said it remained upbeat especially about Eurocamp’s education division, providing school trips and adventure experiences for youngsters. The adventures business, trading under the PGL brand, has benefited from a growing number of schools choosing it to fulfil the key stage two syllabus requirement for children to learn outside the classroom. The company also provides abseiling and water activities in a safe environment for schools across the UK, with experts giving classes.Chief executive Martin Davies, who used to run the education arm, said: “We’re showing how our business has different dynamics to the big leisure operators who reported this week. For example, the ash cloud which hurt them so much had no impact on us at all.” whatsapp Show Comments ▼ Thursday 12 August 2010 8:26 pm Holidaybreak’s education arm gives it a lift whatsapp KCS-content Share 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 ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayot Tags: NULLlast_img read more

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China is set to probe BHP’s bid for Potash Corp

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeNoteabley25 Funny Notes Written By StrangersNoteableyTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastAll Things Auto | Search AdsBuick’s New Lineup Is Truly StunningAll Things Auto | Search AdsLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save ThousandsThe No Cost Solar ProgramMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBe Share KCS-content China is set to probe BHP’s bid for Potash Corp CHINA plans to launch an antimonopoly probe into BHP Billiton’s $39bn (£25.2bn) bid for Canada’s Potash Corp.The probe is another indicator that China, as the world’s biggest importer of fertiliser, is wary of further concentration in the market, following BHP Billiton’s launch of a hostile bid for Potash Corp last month.But it was unclear what steps, if any, Chinese regulators could take in opposition to the bid. whatsapp BHP declined to comment yesterday. But BHP has already said that the deal only needs approvals from regulators in Canada and the United States, where Potash Corp sells around half its production.China buys around seven per cent of the output of Potash Corp, which controls around one-fifth of world production of the key crop nutrient. Potash demand in the country has been growing by around five to eight per cent a year, faster than other fertilisers. Show Comments ▼ whatsapp Wednesday 1 September 2010 8:21 pm Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof Tags: NULLlast_img read more

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Ex-AIG chief Sullivan to head risk at Willis

first_img Read This NextNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof KCS-content Show Comments ▼ 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 TimesBetterBe20 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 Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com whatsapp Share Wednesday 8 September 2010 7:47 pm whatsapp Tags: NULL The insurance giant wound up getting a pledge of up to $182bn (£117bn) from US taxpayers to address problems at its financial products division. Sullivan, during testimony in June before the Financial Crisis Inquiry Commission, said AIG had already been in crisis before he took the helm in 2005. But he did defend its risk management practices.After Sullivan’s departure, AIG switched chief executives three times in a little over a year. Ex-AIG chief Sullivan to head risk at Willis Former AIG chief executive Martin Sullivan, who was ousted three months before the US government bailed the insurer out, is joining Willis Group, the London-based insurance broker said yesterday.Sullivan will head a new unit that will oversee brokerage and risk management advisory services for Willis’ multinational and global accounts. He will also be deputy chairman of the company, reporting to chief executive Joe Plumeri.Sullivan has 40 years of experience in the industry, Willis said in a statement. He is best known for his tenure with American International Group, which was collapsing as he left the company in 2008. For that, Sullivan is linked to AIG’s role in the financial crisis.last_img read more

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HSBC’s Geoghegan warns of risk from uncertainty of UK regulation

first_img Share Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndo Video Carousel – cityam_native_carousel – 426 00:00/00:50 LIVERead More whatsapp whatsapp Show Comments ▼ HSBC’s chief executive said while Europe’s biggest bank was happy to keep its base in London, uncertainty about regulation and the business climate were risks to the city as a leading financial centre.“Uncertainty is currently the biggest risk to the City’s competitiveness,” Michael Geoghegan, who will step down from the role at the end of the year, said yesterday.Britain should adopt a “clear and consistent policy” on regulation and the business environment, he said in a speech, adding the country needed to support international banking and trade to avoid rival cities catching up with London as a financial hub.Asked whether HSBC would move its headquarters to Hong Kong, Geoghegan said: “The board is more than happy to have its head office in London … the best for us at the current time is to have our headquarters in London but to have a strong operation in Hong Kong and a strengthening operation in Shanghai”.Geoghegan moved to Hong Kong earlier this year, fuelling speculation HSBC could move its base back to Asia in coming years. His replacement, Stuart Gulliver, will also be based in Hong Kong. More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.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.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.com HSBC’s Geoghegan warns of risk from uncertainty of UK regulation Monday 4 October 2010 9:01 pm KCS-content Tags: NULLlast_img read more

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Warning on demand dents ARM

first_img Tags: NULL Warning on demand dents ARM KCS-content Share whatsapp More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller 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.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgcenter_img CHIP designer ARM’s confidence that it would see more growth, after third-quarter revenue beat expectations, was overshadowed by a warning from one of its chipmaking customers that demand could be weakening.Its shares, which have risen by 120 per cent since the start of the year, fell 5.9 per cent to close at 366.20p after Texas Instruments said end-demand for chips could be weakening.Execution Noble analysts said ARM would not be immune to a slowdown. But ARM was positive, saying it would continue to outgrow the market.ARM reported a 60 per cent rise in pre-tax profit to £38.8m on revenue of £100.4m. whatsapp Show Comments ▼ Tuesday 26 October 2010 8:33 pm 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 Famous, Now She Works In {State}MoneyPailSerendipity 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 Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comlast_img read more

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Credit Suisse joins risk fund

first_img KCS-content More From Our Partners Matt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.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.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comConnecticut man dies after crashing Harley into live bearnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.com whatsapp Wednesday 27 October 2010 8:59 pm 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 PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity 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 Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm whatsapp center_img Show Comments ▼ Share Credit Suisse joins risk fund Credit Suisse will raise $800m (£510m) for a new fund aimed at helping banks reduce the amount of capital they must hold under new global banking rules. The Christofferson Robb & Company (CRC) fund will help banks transfer risk, accroding to the Financial Times. Demand for such funds is thought to be high. A letter obtained by the paper said: “CRC estimates that the first Capital Release Fund will tap less than one per cent of potential demand from European bank.” Tags: NULLlast_img read more

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CITY MOVES | WHO’S SWITCHING JOBS

first_img KCS-content whatsapp whatsapp CITY MOVES | WHO’S SWITCHING JOBS Adam & CompanyThe private bank has hired Graham Storrie as managing director. He joins from parent company Royal Bank of Scotland, where he was most recently managing director of specialist advice. He brings with him over 30 years of experience in banking, investments and advice, having worked for organisations such as Standard Life, where he was managing director for wealth management UK. He is also an associate of the Institute of Bankers (Scotland). More From Our Partners Inside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.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.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgcenter_img Tags: NULL Show Comments ▼ Thursday 9 December 2010 7:20 pm Marsh Andrew Tunnicliffe has returned to the insurance broker as head of risk consulting, having previously worked as a managing director at the firm. He joins from Aon Global Risk Consulting, where he has spent five years, most recently as chief operating officer. He will take up his post next year, and replaces Jeff Colburn, who is taking a senior role in Marsh’s North American risk consulting business.RothschildThe financial adviser has hired Gilles Costerousse as a managing director and as head of Rothschild FIG capital markets advisory. He joins from Nomura, where he was a managing director and head of FIG debt capital markets for two years, and spent 10 years at Lehman Brothers.DeloitteThe business advisory firm has appointed Neil Cornelius as a director in its economic consulting practice with a focus on the energy sector. Cornelius joins from ICF International, where he led the European energy and carbon market analysis practice. He has more than 20 years of experience in the power sector, having worked for BP in its alternative energy division and in various roles for National Power. Oriel SecuritiesThe stockbroker has promoted Mike Trippitt to head of research. Trippitt replaces Eithne O’Leary, who will work on developing Oriel’s retail franchise. Trippitt, who has led Oriel’s financials research team since 2006, has previously worked as a UK banks analyst at HSBC, Schroders and SG Warburg. Sharelast_img read more

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AT A GLANCE: FINANCE BILL

first_img KCS-content AT A GLANCE: FINANCE BILL Thursday 9 December 2010 9:08 pm whatsapp Share Show Comments ▼ whatsapp PENSIONS– The existing effective obligation for members of a defined contribution pension scheme to purchase an annuity by age 75 is to be abolished, creating an increased flexibility.– In order to ensure that increased flexibility doesn’t lead to pension funds being exhausted with the recipients being forced to fall back on support from the state, the draft legislation also introduces a limit on direct draw downs set at 100 per cent of the equivalent annuity in most cases. – To exceed this limit, individuals will need to demonstrate lifetime pension income of at least £20,000 per year.FURNISHED HOLIDAY LETTINGS – The special UK favourable tax rates for furnished holiday lettings will now be made compatible with EU requirements by expanding it to apply to properties in both the European Economic Area and the UK. – But the minimum letting periods for properties to qualify are being increased. SMALL COMPANY TAX– Existing anti-avoidance legislation used to restrict the use of the lower rate of corporation tax for small companies in cases where the taxpaying company has “associated companies” will be replaced with a clearer purpose-based rule.– The rules are widely drafted so that an individual’s company will often be regarded as associated with any companies owned by other members of their immediate family, increasing the applicable rate of tax. – Changes included in today’s draft legislation are designed to relax the rules so as to only catch situations where substantial commercial interdependence exists.FOREIGN PROFIT TAXATION– The draft legislation sets out interim measures as part of the government’s ongoing project to reform the taxation of foreign profits for companies. – The changes currently proposed widen the exemptions from the controlled foreigncompany (CFC) regime and provide a permanent “opt-in” exemption from UK tax on the profits of a company’s overseas branches.CORPORATE CAPITAL GAINS– Consultation to simplify the taxation of companies’ chargeable gains when they buy and sell assets. – Simplification of the highly complex rules governing the use of capital losses in situations where the ownership of a company changes. – In particular, certain restrictions on the use of losses realised after the change in ownership are to be removed.– Simplification of the “value shifting” rules in an attempt to restrict their application to cases of genuine avoidance.– Simplification of the “degrouping charge” rules so as to reduce the number of cases in which a sale of shares in a company which is itself tax free by virtue of the substantial shareholding exemption (SSE) nonetheless crystallises a tax liability in the form of a degrouping charge.CORPORATE TAX ANTI-AVOIDANCE RULE– New targeted anti-avoidance provisions in other areas of corporation tax to target cases of perceived abuse, particularly in relation to financial instruments. A study has been put in place to look at this to be completed by 31 October 2011.ALCOHOL– New rates of duty applying to high-strength – 7.5 per cent alcohol by volume (abv) and above – and low-strength – 2.8 per cent abv and below beers as part of the government’s drive to discourage consumption of higher strength products.BANK LEVY– The levy on banks’ balance sheets will be 0.05 per cent, rather than 0.04 per cent for 2011 as announced previously. It will rise to 0.075 per cent in 2012, rather than the 0.07 per cent announced previously.DISGUISED REMUNERATION– Legislation will be introduced to ensure that income tax and national insurance contributions on employment income ar not avoided or deferred through the use of trusts or similar vehicles affecting 50,000 employees and bringing in up to £500m a year. Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMoneyPailShe Was The Dream Girl In The 90s, This Is Her NowMoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndoDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndo Tags: NULLlast_img read more

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Sports Direct revenue rises as debt drops

first_img whatsapp Sports Direct revenue rises as debt drops More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org Share 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 PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBeMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definition Thursday 16 December 2010 2:50 am center_img whatsapp Show Comments ▼ John Dunne Sports Direct has reported an 8.3 per cent rise in revenue to £819.9m in the half-year.UK Retail revenues were up 9.9 per cent to £644.3m, in the figures which cover the period to 21 OctoberMeanwhile international retail revenues were up 4.6 per cent to £66.5m.The group has reduced net debt by 25.1 per cent to £233.6m.Chief executive David Forsey said: “The group has continued to perform strongly during the first eight months of this financial year, achieving excellent profit growth across all three main divisions.” Tags: NULLlast_img read more

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Offshore account details given to Wikileaks

first_img Tags: NULL Monday 17 January 2011 9:15 am A former Swiss banker turned whistleblower has presented Wikileaks with two discs of offshore bank account details he says name potential fraudsters.The exchange between the website’s founder Julian Assange and Rudolf Elmer, a former executive at Julius Baer Bank, one of Switzerland’s leading private banks, took place at a press conference in London’s Frontline Club today.The discs are believed to contain the account details of about 2,000 prominent people, institutions and financial firms said to be involved in financial fraud. Elmer said the data included account details for about 40 politicians and information from three banks including Julius Baer. The Frontline Club, which promotes independent journalism, said Elmer would “reveal more details of alleged abuses in the world of offshore financial centres.” Assange said the data would be vetted and then fully disclosed. Share alison.lock 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 WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayot’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap This is the second time that Elmer has given secret documents to Wikileaks, after first sharing details with the website in 2007.Elmer, who was chief operating officer at Julius Baer in the Cayman Islands before being sacked in 2002 under suspicion of having taken bank files, is due to stand trial on Wednesday 19 January for breaching Swiss bank secrecy laws.The bank alleges that he forged the information given to Wikileaks in 2007 to suggest tax evasion.At the press conference he described how illicit money was funnelled into secret offshore accounts. “I’m against the system. I know how the system works,” he said. He said his family had faced extreme pressure after he blew the whistle on the practices, and he had been offered money in exchange for his silence. Show Comments ▼ whatsapp Offshore account details given to Wikileaks by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definitionlast_img read more

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