You are here: Home - Investing -

Thursday newspaper round-up: Capita, Google, Jaguar…

0
Written by:
30/05/2013
Capita to close O2 call centres and cut jobs; Google to challenge iPhone; Jaguar Land Rover to invest £2.75bn in the UK.

The Telegraph says that outsourcing group Capita has secretly planned to shut down two O2 call centres and cut up to 1,200 jobs as part of the big deal it signed with the network provider last week.

Financial Times says that Google is to launch a new gadget called the MotoX through its Motorola subsidiary which is part of a campaign to challenge Apple by offering cheaper smartphones.

Jaguar Land Rover is to invest £2.75bn in the UK over the next 12 months as strong demand from China drives record sales and profits, writes The Telegraph.

According to The Times, bond fund Pimco has said that incoming Bank of England Governor Mark Carney may trigger a fresh devaluation of the pound in the face of “soggy growth and a largely depleted policy arsenal”. The paper says that he could devalue sterling by as much as 15% against a basket of others to help British exporters.

The Guardian says that Chinese steelmakers have questioned the reliability of iron ore pricing data from Platts. This follows a raid connected to the alleged manipulation of oil markets.

The Independent reports that Lloyds has sold its international private banking unit with assets under management of £7.2bn to Swiss rival Union Bancaire Privee.

The frontman of railway infrastructure firm Network Rail, Sir David Higgins, is to pocket a £100,000 annual bonus despite the company failing to meet some of its performance targets, according to The Scotsman.

Tag Box

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Flight cancelled or delayed? Your rights explained

With no sign of the problems in UK aviation easing over the peak summer period, many will worry whether holida...

Rail strikes: Your travel and refund rights

Thousands of railway workers will strike across three days this week, grinding much of the transport system to...

How your monthly bills could rise as the base rate reaches 1.25%

The Bank of England has raised the base rate to 1.25% as predicted – the fifth consecutive rise in just six ...

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

DIY investors: 10 common mistakes to avoid

For those without the help and experience of an adviser, here are 10 common DIY investor mistakes to avoid.

Mortgage down-valuations: Tips to avoid pulling out of a house sale

Down-valuations are on the rise. So, what does it mean for home buyers, and what can you do?

Five tips for surviving a bear market mauling

The S&P 500 has slipped into bear market territory and for UK investors, the FTSE 250 is also on the edge. Her...

Money Tips of the Week