US expects to sue BP over spill

first_img Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily 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 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 Proof KCS-content OIL giant BP learned last night it could be hit by a civil lawsuit from the US Justice Department, as outgoing chief executive Tony Hayward prepares to face MPs over the Deepwater Horizon disaster today. The department said in a court filing on Monday that the US government “expects that it may file a civil complaint related to the Deepwater Horizon disaster” after reviewing the relevant environmental laws. The government has not yet filed a civil action over the spill in the Gulf of Mexico, but has set out the practical details of any potential claim in Monday’s document, seen by City A.M.Hannah August, a spokesperson for the Department of Justice, said: “As we have said from the beginning, we are committed to ensuring that those responsible clean up the mess they made, restore or replace the natural resources lost or injured in this tragedy, and repay every cent of taxpayer money.”BP declined to comment on court matters. The district court in Louisiana is already set to hear more than 300 cases arising from the disaster on 20 April, and the firm has begun to sell assets to pay for the clean-up and $20bn (£12.9bn) compensation fund. Hayward will appear this afternoon before the parliamentary committee on energy and climate change to talk about the Gulf of Mexico oil spill and its implications for the UK. whatsapp 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 TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comPeople-TodayWoman Files For Divorce After Seeing This PhotoPeople-TodaySenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search Ads Sharecenter_img whatsapp Tuesday 14 September 2010 9:16 pm Show Comments ▼ US expects to sue BP over spill Tags: NULLlast_img read more

Wellstream confirms takeover bid is causing shares in the UK to skyrocket

first_img Wellstream confirms takeover bid is causing shares in the UK to skyrocket Show Comments ▼ KCS-content Tuesday 21 September 2010 8:13 pm More From Our Partners Astounding 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.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.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.comKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.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.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comConnecticut man dies after crashing Harley into live bearnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com BRITISH oilfield services group Wellstream Holdings said it had received several bid approaches, lifting its shares 30 per cent and valuing the company at over £700m.Wellstream, which was floated on the stockmarket in 2007 by British private equity firm Candover, makes flexible pipes used by oil companies in deep water, an area set for strong growth due to major finds in Brazil and the Gulf of Mexico in recent years.The firm said it had “received a number of preliminary approaches regarding a possible offer for the company” but there was “no certainty that an acceptable offer will ultimately be made”.The statement follows a five per cent rise in Wellstream shares on Monday.“The possible offers for Wellstream highlight the M&A potential for the oil service sector at this stage in the cyclical recovery,” said Keith Morris, oil analyst at Evolution Securities.Wellstream is a frequent subject of takeover rumours, with market chatter often linking it to Europe’s largest oil services company, Saipem.ANDREW OSBORNEBANK OF AMERICA MERRILL LYNCHManaging director of corporate broking at Bank of American Merrill Lynch, Andrew Osborne, is the top leader on the possible takeover of Wellstream. Osborne, who is short-listed for the City A.M. Dealmaker of The Year award, is known as the go-to guy for the mid-cap energy and power sector. Most notably, Osborne advised Tullow Oil on its £1bn fundraising to pay for the buying rights to exploration on the shores of Lake Albert. The deal, which happened earlier this year, saw Tullow move into the premier league of oil explorers.Osborne cut his teeth at Hoare Govett but he was poached by Merrill Lynch in 2004 by then chairman Bob Wigley.Other advisers on the Wellstream deal, include a team from Credit Suisse which is being led by investment banking managing director, John Hannaford.City law firm Clifford Chance has taken lead legal role, with London corporate partners David Lewis and Tim Lewis managing the deal. whatsapp whatsapp Share Tags: NULLlast_img read more

Moss Bros in office suit push

first_img whatsapp Tags: NULL KCS-content MENSWEAR retailer Moss Bros is hoping demand for suits from office workers will help it narrow full-year losses.Moss Bros made a pre-tax loss of £3.3m for the six months to 31 July versus a loss of £3m in the same period last year, as costs increased faster than sales.However, revenue rose 7.9 per cent to £65.6m.Chief executive Brian Pick said: “If it’s tough [the jobs market] people will look after themselves for work. “They do not want to stand out as the scruff in the office.”Pick said he was encouraged by trading in the second half so far and was on track to meet internal expectations for the full year. He added: “Our black tie hire and sales business has improved as companies are spending on parties and hospitality again. It’s nothing like it was before the downturn but its is improving.”Moss Bros is also trying to attract a younger customer that is less impacted by the economic downturn. It also added its wedding business was proving resilient.“The weddings that will be booked for next year will still happen. If people are going to have tailcoats they will have tailcoats,” said Pick.Prior to yesterday’s update shares in the group, which owns the Moss, Cecil Gee and Savoy Taylors Guild chains and runs the UK franchise operation of Hugo Boss, had lost a quarter of their value over the last year. Moss Bros said like-for-like sales in the first eight weeks of the second-half showed an improvement on 2009, with gross margin slightly higher. The company also said it was reviewing its costs. Wednesday 29 September 2010 10:41 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 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 Moss Bros in office suit push center_img 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 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 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 Wrap whatsapp Show Comments ▼ Sharelast_img read more

Stagecoach in £52.8m deal for London bus group

first_img Stagecoach in £52.8m deal for London bus group TRANSPORT group Stagecoach has bought the East London Bus Group in a £52.8m deal. The company has a market share of around 15 per cent in the capital. Stagecoach said it could make “back office” cost cuts to make the business – London’s third largest bus operator – more efficient.Chief Executive of Stagecoach Brian Souter said: “We operated a successful bus business in London for several years and are pleased to re-enter the London bus market at what we consider to be an attractive price. “Whilst we do not underestimate the challenges we face in driving up the financial performance of the acquired business, we relish the opportunity to apply our expertise in managing UK bus businesses to create value from a turnaround situation.” Show Comments ▼ whatsapp whatsapp John Dunne Sharecenter_img 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 Wrap 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 PastSerendipity 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.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.com Friday 15 October 2010 2:48 am Tags: NULLlast_img read more

Department of Justice is amongst most badly hit

first_img Department of Justice is amongst most badly hit KCS-content Wednesday 20 October 2010 8:29 pm Tags: NULL CRIMINAL justice faced one of the biggest shake-downs of the spending review yesterday, with 20 per cent of its budget being cut.The coalition said the majority of this will come from shedding bureaucratic workers and the cuts will be phased in over the next five years.However, senior police officers say the cuts will mean at least 11,600 officers are at risk of losing their jobs.The coalition says police pay and conditions will be modernised, central targets will be removed and there will be increased efficiencies in the police “back office.”It is thought justice secretary Ken Clarke fought for the cuts to be held to 17 per cent but was overruled by the Treasury.The Police Federation, the body that represents officers in England and Wales, had forecast even more severe cuts which could have meant the loss of 40,000 policing jobs.Osborne said: “By cutting costs and scrapping bureaucracy we are saving hundreds of thousands of man hours — our aim is to avoid any reduction in the visibility and availability of police in our streets.”He said spending on fighting terrorism, earmarked as one of the greatest threats to the country by the new National Security Strategy unveiled this week, would be prioritised.Elsewhere in the justice department, a fifth of prison, probation and court officer staff face the chop as well as another fifth of back-office workers. Show Comments ▼ Share More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.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.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.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‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.com whatsapp whatsapplast_img read more

Credit Agricole accused of fraud by sub-prime product investors

first_img Show Comments ▼ KCS-content Tags: NULL whatsapp Share Sunday 24 October 2010 11:22 pmcenter_img CREDIT Agricole has been accused of fraud in the United States by investors in the bank’s sub-prime mortgage-backed securities. Several firms under the Jersey-based Loreley name brought a case in a New York state court last week over three collateralised debt obligations (CDOs) named Orion 2006-1, Pyxis 2006-1, and Millstone IV, which they claim were designed to fail. The Loreley firms were advised and funded by German bank IKB, which is in turn being sued by Credit Agricole in the UK over its involvement in another mortgage-backed security named Havenrock II.“Credit Agricole CIB has been notified of the IKB US filing which is clearly related to our UK $1.675bn high court 2009 lawsuit against IKB for fraud. We are confident this counter-action by IKB is without merit,” said a Credit Agricole spokesperson last night.The ongoing case is one of several relating to CDOs created in the run-up to the financial crisis. Goldman Sachs and Societe Generale are currently defending a lawsuit from German bank LBBW, which claims it lost $37m after being misled about a CDO’s risk. 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 AthletesBetterBeUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndo whatsapp More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com Credit Agricole accused of fraud by sub-prime product investors last_img read more

Royal Mail profit plunges

first_imgTuesday 2 November 2010 8:21 am whatsapp Tags: NULL 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 CenterBeach RaiderSee The Woman Bradley Walsh Is Dating At 61Beach Raider Royal Mail profit plunges Show Comments ▼center_img Share Royal Mail has seen its half-year operating profit drop 72 per cent from £184m a year earlier. The loss at Royal Mail Letters totalled £66m, after a £48m profit last year.Royal Mail said the loss was caused by a continuing fall in mail volumes, and had been limited by cost-cutting.It said mail volumes fell by a further five per cent during the first half of the year, as more customers used e-mail, websites “and, increasingly, social media for communications in place of the traditional letter”.Royal Mail Letters now delivers 68m items per day on average, 24 pe cent less than in 2005. 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 Wrap John Dunne last_img read more

Banco Popular addresses capital

first_img Banco Popular addresses capital KCS-content Tags: NULL whatsapp Spanish bank Banco Popular is to reinforce its position ahead of the new Basel III regime on capital adequacy, with plans to raise up to €679m (£577m) of new capital. The bank will strengthen its capital base by €579m-€679m with a 3 per cent capital increase taken up by France’s Credit Mutuel-CIC, and a €400-500m bond issue for retail investors compulsorily convertible into shares. Chairman Angel Ron said: “Banco Popular’s capital will be well above the minimum core capital requirements and will thus achieve a position of advantage.” by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure SolutionBlood Pressure For LifeWhy Doctors May No Longer Prescribe Blood Pressure MedsBlood Pressure For Lifemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteWolf & ShepherdNFL Star Rob Gronkowski Loves These ShoesWolf & Shepherdcenter_img Share More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.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.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com Show Comments ▼ whatsapp Tuesday 16 November 2010 9:22 pmlast_img read more

Entertainment One hopes for Peppa Pig boost

first_img More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.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.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.com Entertainment One hopes for Peppa Pig boost whatsapp Share ENTERTAINMENT One, which owns the rights to the Twilight movies, said yesterday it cut its losses in the last six months of the year. The firm’s reported loss before tax fell to £2.5m – down from £7.9m – and included £1.8m of one-time costs associated with the company’s move to the main market in London.The firm, which recently announced the export of its smash-hit children’s animation Peppa Pig to the US, saw its revenues rise 30 per cent to £212m.Chief executive Darren Throop told City A.M. he is planning to roll out the firm’s UK production operations in its TV division through inorganic growth.Entertainment One is also hoping Peppa Pig can emulate its UK success when it hits the US next year.It has made around £150m in the UK and some analysts are speculating it could rake in as much as £700m in the US. Throop added: “The second half has started well. We anticipate the business will continue to deliver good growth and are confident market expectations will be met.” The Toronto-based firm is also Canada’s largest wholesaler of DVDs, CDs and video games. KCS-content center_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure SolutionBlood Pressure For LifeWhy Doctors May No Longer Prescribe Blood Pressure MedsBlood Pressure For LifeWolf & ShepherdNFL Star Rob Gronkowski Loves These ShoesWolf & ShepherdSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthCompressaWhy Physical Therapists Are Recommending This Knee SleeveCompressamoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm Wednesday 17 November 2010 8:29 pm Show Comments ▼ Tags: NULLlast_img read more

WPP backs a new start for Lord Mandelson

first_imgMonday 29 November 2010 8:51 pm More From Our Partners Inside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.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.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.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.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comWhy people are finding dryer sheets in their mailboxesnypost.com whatsapp KCS-content Share Tags: NULL SIR Martin Sorrell’s WPP has solved one of the big questions remaining from the Labour Party’s defeat at the last election. The giant advertising-to-marketing group is taking a minority stake in a new consultancy firm set up by the self-proclaimed Prince of Darkness, giving the ever energetic Lord Mandelson a new reason to get up in the morning.Mandelson, who has served as a trade commissioner in Brussels and a trade minister in the UK, will chair the new company Global Counsel LLP, which will be run by his former special adviser Benjamin Wegg-Prosser.Sorrell’s backing of the new company gives it a strong start.Mandelson’s career has been not without unfortunate episodes.?He was twice asked to leave his post in Tony Blair’s Cabinet.Last night a source close to WPP said: “Mandelson courts controversy but clearly WPP feels that his business will be a success and it wants to be part of it. Mandelson moves in the right circles.”Some suggested that Finsbury founder Roland Rudd, a friend of Mandelson’s and a part of the WPP group, might have helped the two men put the deal together. center_img 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 The Dream Girl In The 90s, This Is Her NowMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter Center Show Comments ▼ whatsapp WPP backs a new start for Lord Mandelson last_img read more