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Qlox London facing prospect of more strike action and delays over Night Tube
Tuesday 28 April 2015 9:30 pmGrowth stalls as parties speed to the finish lineBy: Express KCSShareFacebookShare o brumate canada n FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleNew preliminary figures released yesterday showed that growth in the UK economy slowed in the first three months of this year.The slowdown could dent the re-election prospects of the Conservatives and Liberal Democrats, yet economists and business groups played down the significance of the data.The Of stanley usa fice for National Statistics ONS reported that GDP is estimated to have increased by just 0.3 per cent in the first quarter of 2015, compared to 0.6 per cent growth in the last quarter of 2014.However, growth in the quarter was up 2.4 per cent from the same time last year. Vicky Redwood, chief UK economist at Capital Economics, believes that the slowdown will be temporary. We doubt that the recovery is on the cusp of a sustained slowdown. Householdsrsquo; real incomes are still on track for their strongest growth this year since 2006, she said.Martin Beck, senior economic advisor to the EY Item Club, commented: There is a glaring disparity between the GDP data and other evidence on the state of the economy, both from business surveys and also the ONSrsquo own data.The figures are highly sensitive in the context of a neck-and-neck election ra polene fr ce. The Tories in particular are keen to emphasise their economic re Ywbx Motorola plans iPad competitor
Tuesday 04 October 2011 8:22 pm|Updated:Thursday 30 May 2019 9:27 pmJon Moulton sees pound;9.7m offer for Clarity rejectedBy: KCS-contentShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleJON 82 stanley austria 00;Moulton has seen his pound;9.7m bid for Clarity Commerce rejected, after the offer was branded highly opportunistic by the firmrsquo board.Clarity said the unsolicited bid by Enigmatic ndash; a vehicle controlled by Moultonrsquo buyout company Better Capital ndash; undervalues the company and its prospects, adding the board decision to recommend its rejection was unanimous. The firm, a provider of software solutions to the entertainment, retail, hospitality and leisure sector, posted a loss in its last financial year, which it stanley termosy blamed on reduced demand in the retail sector.Clarity, chaired by Sir Colin Chandler, the former chairman of easyJet, said it has since restructured its operations and has achieved significant cost reductions. The cost reduction programme and a round of UK redundancies, which completed last month, are expected to remove a further pound;1m from its cost base. Venture capitalist Moulton holds a 9.4 per cent stake in Better Capital, which he founded in 2009 with a focus on turnaround investments after stanley cup quitting Alchemy Partners. Share this articleFacebookXLinkedInWhatsAppEmailSimilarly tagged content: SectionsNewsCategoriesBusi |
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