Sydney cafe siege: Uber offers free rides after price rise triggers angry criticism

first_imgTaxi firm Uber is offering customers in Sydney free rides out of the city’s central business district, where at least one gunman is currently holding a group of people hostage in a cafe. Uber had initially come in for criticism after its price for rides in the area surged to a minimum $100 as people looked to evacuate the area when news of the siege at a Lindt chocolate cafe/shop emerged. The company initially posted on Twitter that “fares have increased to encourage more drivers to come online & pick up passengers in the area”, before announcing about an hour later that it would be offering rides for free. In a statement it added that it would be refunding rides paid during hours when the price surged. We are all concerned with events in CBD. Fares have increased to encourage more drivers to come online & pick up passengers in the area.— Uber Sydney (@Uber_Sydney) December 15, 2014Uber Sydney trips from CBD will be free for riders. Higher rates are still in place to encourage drivers to get into the CBD.— Uber Sydney (@Uber_Sydney) December 15, 2014 Uber’s pricing is based on an algorithm that sends prices higher whenever demand rapidly increases in an area. A zone surrounding Martin Place in Sydney’s business district has been cordoned off as police work on the hostage situation at a Lindt chocolate cafe/shop. So far, five people are known to have got out of the under-siege building. Uber’s public image has taken something of a battering in recent months; the taxi-app service has been banned in a number of countries and cities, while the company has become embroiled in a number of PR storms. whatsapp Joe Hall Share Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeHero WarsAdvertisement This game will keep you up all night!Hero WarsUndoTele Health DaveRemember Pierce Brosnan’s Wife? Take A Deep Breath Before You See What She Looks Like NowTele Health DaveUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramUndoUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive SupplementUndoNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsUndoFungus EliminatorIf You Have Toenail Fungus Try This TonightFungus EliminatorUndoElvenarAdvertisement If You Need to Kill Time on Your Computer, this Fantasy Game is a Must-Have. No Install.ElvenarUndo Sydney cafe siege: Uber offers free rides after price rise triggers angry criticism Tags: Uber Show Comments ▼ Monday 15 December 2014 5:34 am whatsapplast_img read more

UK joins US as economic growth engine of world

first_img whatsapp Tuesday 13 January 2015 9:21 pm whatsapp More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFort Bragg soldier accused of killing another servicewoman over exthegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMan on bail for murder arrested after pet tiger escapes Houston homethegrio.com Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryHero WarsThis game will keep you up all night!Hero WarsTele Health DaveRemember Pierce Brosnan’s Wife? Take A Deep Breath Before You See What She Looks Like NowTele Health DaveMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailFungus EliminatorIf You Have Toenail Fungus Try This TonightFungus EliminatorMedical MattersThis Picture Shows Who Prince Harry’s Father Really IsMedical MattersBeverly Hills MDPlastic Surgeon Explains: “Doing This Every Morning Can Snap Back Sagging Skin” (No Creams Needed)Beverly Hills MD UK joins US as economic growth engine of world center_img Britain and the US are set to grow strongly, the World Bank said last night, defying the malaise which is overtaking the Eurozone and much of the developing world.Crashing oil prices should give those economies a cushion, which the analysts said should be used for crucial economic reforms to restore competitiveness and growth.Economists slashed forecasts for the Eurozone to 1.1 per cent for 2015 – just six months ago, the World Bank thought the currency area would grow by 1.8 per cent this year.And the chopped global growth forecasts from 3.4 per cent to three per cent for 2015, and from 3.5 per cent to 3.3 per cent for next year.By contrast the US outperformed forecasts for last year, with growth of 2.4 per cent rather than the expected 2.1 per cent.And the World Bank pushed up its forecast for US growth in 2015 from three per cent to 3.2 per cent.Britain is closer to the US. The economists expect the UK will rack up growth of 2.9 per cent in 2015 and 2.6 per cent next year.The one bright spot for those struggling regions is the fall in oil prices.“The lower oil price, which is expected to persist through 2015, is lowering inflation worldwide and is likely to delay interest rate hikes in rich countries,” said “This creates a window of opportunity for oil-importing countries, such as China and India. What is critical is for nations to use this window to usher in fiscal and structural reforms, which can boost long-run growth and inclusive development.”Eurozone leaders have pledged to make reforms to make their economies more flexible and competitive, but they have often proved difficult to implement politically.An extra boost from low oil prices could help politicians implement these reforms, by easing some of the pressures on living standards and growth which have come from high fuel prices. Express KCS Show Comments ▼ Tags: Oil priceslast_img read more

Abcam buys US firm Firefly in £18.5m deal

first_img Share BRITISH biotech firm Abcam yesterday announced that it will buy Firefly BioWorks for £18.5m in cash, adding it expected to meet its full-year revenue target after a 7.7 per cent increase in the first half of its financial year at actual exchange rates.The firm said that after an “initial period of modest investment”, Firefly was expected to generate “attractive returns in the longer term”. The acquisition of Massachusetts-based Firefly will be funded from Abcam’s existing resources, and is expected to close by the end of the month.Cambridge-based Abcam said its revenue growth in the half-year to 31 December had been capped by bad exchange rates, and on a constant currency basis it was 13.8 per cent. Gross margins for the first half were likely to be slightly less than those in the previous year, Abcam said, as it sold a greater proportion of less profitable products.The company reported revenue growth of 67.2 per cent in China, boosted by the opening of its new office in Shanghai last February. It expects this to moderate as its business there establishes itself.Abcam shares closed down 4.8 per cent at 456.50p. Express KCS Tags: NULL Abcam buys US firm Firefly in £18.5m deal whatsapp Wednesday 21 January 2015 8:18 pm Show Comments ▼ More From Our Partners Porsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org whatsapplast_img read more

Best of the Brokers for 09 February 2015

first_img Share More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com Best of the Brokers for 09 February 2015 To appear in Best of the Brokers, email your research to [email protected] GROUPBesi Research reiterated its “buy” rating for the telecoms group, after incorporating the upcoming EE deal into its forecasts. The broker said “given the strategic opportunity and synergy potential”, the price being paid is fair, and added that BT’s dividend is unlikely to come under pressure.CATLIN GROUPWesthouse Securities reiterated its “neutral” rating for the insurance group, but said its forecasts are “somewhat academic” given that the firm is subject to a recommended bid by XL Group which values Catlin at $4.2bn (£2.8bn). The broker said this was fair value for the group, “but not exciting”.GULF KEYSTONE PETROLEUMCantor Fitzgerald reiterated its “buy” rating for the oil firm, noting that it is working towards an early pipeline access solution for its Shaikan operation, which will “significantly improve margins” over using trucks to export. The broker also said the firm is taking a prudent approach to capex in 2015. Tags: NULL Show Comments ▼center_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Weekzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comLivestlyThe Best Redhead Actresses, RankedLivestlyNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableySenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search AdsBeverly Hills MDPlastic Surgeon Explains: “Doing This Every Morning Can Snap Back Sagging Skin” (No Creams Needed)Beverly Hills MDMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesFinancial 10See The Wife Of The World’s Richest BillionairesFinancial 10 whatsapp Sunday 8 February 2015 10:51 pm Express KCS last_img read more

After the record high FTSE falls on Weir warning – London Report

first_imgWednesday 25 February 2015 8:38 pm THE FTSE 100 yesterday retreated from the previous session’s record high, with engineer Weir Group leading the market lower after warning about a significant drop in its revenue in the current year.The blue chip index closed down 14.25 points, or 0.2 per cent at 6,935.38 points after setting a new record high of 6,958.89 points on Tuesday. That surpassed its previous high of 6,950.60 set on 30 December 1999.Weir Group, which makes valves and pumps for the energy and mining industries, fell 8.7 per cent to 1,700p to the bottom of the blue-chip FTSE 100 index after saying uncertainty in the oil and gas industry would sign­ificant­ly reduce its revenue despite cost-cutting.“People have been talking about inevitable cutbacks in oil exploration for quite along time, and you would have thought that those companies with exposure to the sector would have already been on investor radar screens,” Jeremy Batstone-Carr, mar­ket analyst at Charles Stanley, said.Among other sharp movers, mid-cap AO World slumped 31.7 per cent to 192p after the British online domestic appliances retailer cut its full-year earnings outlook as the boost around the company’s flotation faded.Kurdistan-focused oil explorer Gulf Keystone shot up 54.93 per cent to 55p after reports emerged that it was up for sale. In earlier trading, it soared 71 per cent.Whitbread rose 2.7 per cent to 5,245p after saying it expected to post full-year profit towards the top end of market forecasts, as strong demand at its Premier Inn hotels and Costa Coffee chain helped to deliver a 5.8 per cent rise in fourth-quarter underlying sales.Wealth manager St James’s Place rose four per cent to 930p after it reported a 29 per cent rise in annual profits and said it was well placed to continue its growth this year.Supermarket Morrisons lifted 0.57 per cent to 192.90p after it confirmed the appointment of former Tesco executive David Potts as its chief executive from next month. Shares in rival Tesco were 1.05 per cent stronger at 240.90p and Sains­bury’s added 0.63 per cent to 271.70p.Outside the top flight, Superdry owner SuperGroup dropped 3.85 per cent to 975p as it emerged that its chief financial officer Shaun Wills had left the role in the wake of being declared bankrupt. Tags: Company FTSE 100 Show Comments ▼ More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFort Bragg soldier accused of killing another servicewoman over exthegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org whatsapp Share Express KCS After the record high FTSE falls on Weir warning – London Report whatsapplast_img read more

Virgin Active sells off 80 per cent to South African hedge fund Brait SE

first_img Share Virgin Active sells off 80 per cent to South African hedge fund Brait SE NULL whatsapp Thursday 16 April 2015 3:54 am Read This NextThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayot’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 ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofWhat is ‘Ranked-Choice Voting,’ the New System for New York’s MayoralFamily Proof whatsapp Tags: NULL Show Comments ▼ Jessica Morris last_img read more

David Cameron says deals worth more than £750m will be made on south east Asia trip

first_img David Cameron says deals worth more than £750m will be made on south east Asia trip by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSwift VerdictChrissy Metz, 39, Shows Off Massive Weight Loss In Fierce New PhotoSwift VerdictMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunComedyAbandoned Submarines Floating Around the WorldComedyGameday NewsNBA Wife Turns Heads Wherever She GoesGameday Newszenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorTheFashionBallAlica Schmidt Is The Most Beautiful Athlete To ExistTheFashionBall Tags: David Cameron People As the he embarks on his four-day trip to south-east Asia, David Cameron has said business deals worth in excess of £750m will be made.The trade mission, for which Cameron is accompanied by 31 business leaders, aims to forge links to the area to exploit emerging markets which could open up new channels for trading British goods and services. Number 10 says the deals will create 270 new jobs across the UK. Read more: David Cameron to take UK fintech leaders on Asian tourOn the visit to Indonesia, Malaysia, Vietnam and Singapore, the Prime Minister is doing his part to help boost UK exports to the region, as “over the next 20 years, 90 per cent of global growth is expected to come from outside Europe, and Britain must be poised to take advantage,” Cameron said.That’s why I’m delighted to be taking British businesses to this vast and dynamic market, securing deals worth over £750m and creating opportunities for hard working people back at home.We can also open up more markets for British businesses by leveraging the power of the EU’s single market with 500 million consumers to secure bold, ambitious trade deals with these fastest, growing economies.Read more: David Cameron’s south east Asia tour: The UK needs a step change in its ASEAN tradeLast week the Prime Minister said the UK needs to go to “the ends of the earth” to sell its goods and services.The business secretary Sajid Javid will lead a separate delegation from the North of England.The Prime Minister will also hope to make progress on a free trade deal between the EU and the south east asian trading bloc Asean, holding talks with the group’s secretary general Le Luong Minh. Downing Street believes this could provide a £3bn a year boost to the British economy.We can also open up more markets for British businesses by leveraging the power of the EU’s single market with 500 million consumers to secure bold, ambitious trade deals with these fastest, growing economies.The EU has shown this can be done with the trade agreement with Singapore and the recent breakthrough in talks with Vietnam, but an EU-Asean trade deal would really turbocharge growth across the single market.Alongside an EU-US trade agreement, such deals would be like a shot in the arm for Europe’s economy.Cameron will also engage his counterparts in conversations surrounding the international threat posed by Islamic State during his visit. James Nickerson whatsapp whatsapp Show Comments ▼ Monday 27 July 2015 6:30 am Sharelast_img read more

Port of London Challenge taking place on river Thames tonight

first_img whatsapp Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe Wrap’Drake & Josh’ Star Drake Bell Arrested in Ohio on Attempted ChildThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The WrapWatch President Biden Do Battle With a Cicada: ‘It Got Me’ (Video)The WrapNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap Port of London Challenge taking place on river Thames tonight If you’re near the Thames this evening keep one eye on the river: tonight the annual Port of London Challenge will be taking place.  Certainly no Boat Race, the Port of London Challenge is one of the more obscure river contests, set up in 1996 by then-speaker of the House of Commons Betty Boothroyd as a curtain-raiser for the Doggett’s Coat and Badge Race, which took place on the same day.                      Now, however, the Doggett’s Coat and Badge Race will take place on 1 August, giving the smaller competition more time in the limelight.  The challenge starts at 7pm, across 4.4 miles from HQS Wellington on the Victoria Embankment, passing Waterloo, Westminster and Vauxhall until the rowers reach Chelsea Harbour.  The cutters are crewed by six rowers and a cox. In keeping with tradition, a passenger must be carried with them8.  Only five cutters – which measure 34 feet by 4 “6 – contested the inaugural event in 1996 for a solid silver trophy donated by the Port of London Authority, which was won by the Watermen’s Company rowers in the ‘Jim Holt’. Now it’s more popular and more recent events have had staggered starts, setting off in waves to compete against the clock.  Share Tags: NULL Catherine Neilan Monday 27 July 2015 10:22 am Show Comments ▼ whatsapplast_img read more

Best of the Brokers for 21 September 2015

first_img Best of the Brokers for 21 September 2015 Sunday 20 September 2015 11:32 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeSwift VerdictChrissy Metz, 39, Shows Off Massive Weight Loss In Fierce New PhotoSwift VerdictPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity Mirrorzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comArticles SkillHusband Leaves Wife For Her Sister, Not Knowing She Won The Lottery Just Moments BeforeArticles SkillDefinitionThe Most Famous Movie Filmed In Every U.S. StateDefinitionTotal PastThis Was Found Hiding In An Oil Painting – Take A Closer LookTotal PastPsoriatic Arthritis | Search AdsWhat Is Psoriatic Arthritis? See Signs (Some Symptoms May Surprise)Psoriatic Arthritis | Search Ads Express KCS To appear in Best of the Brokers, email your research to [email protected] is an attractive buy at the current price, analysts at Berenberg said. The recent sell-off in HSBC shares seems to be a case of Deja Vu, mirroring the events of 1997-8. HSBC underperformed European banks by 50 per cent over that period on Asian crisis concerns, before outperforming by 86 per cent once investors realised all banks were exposed to emerging market. Berenberg reiterated its “buy” rating.The firm’s results for the year ending June 2015 came in below the expectations of analysts at FinnCap. The market for Petra’s diamonds continues to be weak, with demand hit by the current unsettled economic conditions in China. The US continues to be the strongest market, but demand there is weak. Yet FinnCap reiterated its “buy” recommendation but has put in under review. This is not just any ratings call: Canaccord Genuity has bumped up its “hold” rating for the retail giant to “speculative buy”. Analysts at Canaccord expect the rollercoaster that has been M&S’ share price to continue but said the short-term risk reward looks weighted to the upside. However, they do not yet have sufficient conviction in the company’s long-term fundamentals to move to an unequivocal “buy” recommendation. whatsapp Share Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe Wrap’Drake & Josh’ Star Drake Bell Arrested in Ohio on Attempted ChildThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapWatch President Biden Do Battle With a Cicada: ‘It Got Me’ (Video)The 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 Show Comments ▼ whatsapplast_img read more

John McDonnell at the Labour Party Conference 2015: Here’s what businesses think

first_img Share John McDonnell at the Labour Party Conference 2015: Here’s what businesses think whatsapp Emma Haslett More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgWhite House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comWhy people are finding dryer sheets in their mailboxesnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comcenter_img Newly-appointed John McDonnell made his conference debut as shadow chancellor today – and despite promises of a “stultifyingly boring” speech, it actually turned out to be pretty punchy, with attacks on big business and buy-to-let landlords, as well as a hint that the Bank of England’s mandate might be up for discussion.But what did business make of McDonnell’s appearance? Here are the reactions:CBI: “Strong on intent but not on detail”The shadow chancellor was strong on intent but has not yet provided great detail on how he intends to deliver his plans. The overall impression of this speech was of rather more intervention in the world of business and the economy. What’s clear to us is that you can’t be pro-growth and pro-jobs without being pro-business. And a thriving private sector is essential for raising living standards and paying for high-quality public services. We share the aim of seeing more people getting into higher-paid jobs but pay rises need to be sustainable and affordable – and based on rising productivity. Mr McDonnell talks of working in partnership with businesses and entrepreneurs, and recognises the importance of deficit reduction, infrastructure, and skills. But this is best achieved by liberating entrepreneurs to create wealth and jobs.Read more: Four reasons why Corbyn fails to convince small businesses  BCC: “Don’t prejudge outcome of reviews on Treasury and Bank”There is a difference between an entrepreneurial state – one that supports growth and innovation – and a big state, reaching into and directing every facet of business and national life.  … McDonnell is right to go back to first principles and review the shape of the UK economy. He is right to start fundamental reviews of how the Treasury and the Bank of England work. He is right to engage economic experts to look in detail at how the state can better support economic growth. However, he must not prejudge these reviews – or insist on attacking businesses and wealth creators, when a conversation is what is needed. Labour needs to get the tone right if it wants to build a partnership with business, in the national interest.Louise Cooper: “Economically and fiscally naive”It’s cloud cuckoo land. The job of a chancellor is to live in the real economic and fiscal world. McDonnell does not. A significantly higher minimum wage is likely to reduce demand for labour. More wages, less jobs, classic supply and demand. It is private business that creates long term economic growth and not the government.  It only has money to spend thanks to private business. Extravagant promises on spending but with fiscal responsibility? History suggests this is unachievable.ICAEW: “A new era of politics”Fixing our public finances is dependent on generating sufficient tax receipts, so we are pleased that our calls for more resource for HMRC to concentrate on tax avoidance have been heard. Reviewing the Bank of England’s mandate is perfectly reasonable after 18 years, as is looking at the Treasury. We have suggested that Treasury must be transformed into a modern finance ministry, with responsibility across all parts of Whitehall.  We are in a new era of politics, and the Shadow Chancellor spoke of the need for debate. It will be interesting to see what policies Labour come up with in the months and years ahead. Businesses across the country will welcome the opportunity for debate going forward. Monday 28 September 2015 3:45 pm Show Comments ▼ whatsapplast_img read more