Queenco in Cambodia move

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 ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily 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 whatsapp whatsapp Monday 20 September 2010 8:57 pm Queenco in Cambodia move Share Tags: NULL Show Comments ▼ Hotel and casino operator Queenco Leisure is moving into Cambodia.It yesterday signed a joint-venture deal with Paradise Investment to open a hotel, casino, restaurant and karaoke premises. This is Queenco’s first move into Asia, though it has businesses in Greece, Belgrade and Bucharest. It will own 70 per cent of the Cambodian venture, which will initially be based at the Holiday Palace Hotel in Sihanoukville in Cambodia. Queenco is to pay for renovations to the property, including the development of a new wing for the hotel. A long-term lease of 25 years has been agreed, with an option for a further 25 years after that should the venture prove a success. KCS-content last_img read more

Whitbread’s profit boosted by discounts

first_img whatsapp whatsapp Show Comments ▼ Tuesday 19 October 2010 7:44 pm WHITBREAD profit jumped by 28 per cent to £151m in the six months to September, as its Premier Inn and Costa Coffee businesses boomed.Revenue rose 14.5 per cent to £805m as the company expanded its operations across the UK. Whitbread raised its interim dividend by 17 per cent to 11.25p to reflect the results. Costa has just over 1,100 in the UK – and plans to take the total to 1,850 by the end of the year.Like-for-like sales at coffee stores chain Costa rose 8.5 per cent, boosted by new products such as the flat white and ice cold Costa, and a customer loyalty card.Whitbread also plans to expand its Premier Inn hotel chain, and open at least 1,700 rooms in 18 hotels across the UK.It says its advertising campaign, fronted by the comedian Lenny Henry, promoting its £29 a room offer helped to boost like-for-like sales by 10.1 per cent.In London, a rise in the number of tourists over the summer also helped the Premier Inn business.Chief executive Alan Parker, who was reporting his final set of results, said: “People want value for money and Whitbread is benefiting from these times of austerity.“In London the number of tourists over the summer helped us. This is a great business based on a solid grounding.“Our Premier Inn offers for periods of low occupancy are really paying off.” Andy Harrison has arrived from easyJet to take over as chief executive.Premier Inn was voted UK’s favourite hotel brand according to a YouGov survey. The group also owns the Beefeater and Brewers Fayre pub restaurant chains. Parker added: “In our markets we feel in a fairly buoyant position.” KCS-content Share Whitbread’s profit boosted by discounts Read This NextThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotRicky 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 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 Tags: NULLlast_img read more

Crossrail and Tube spared from savings

first_img MAYOR of London Boris Johnson yesterday painted the chancellor’s decision to protect the capital’s major transport funding as a triumph, upholding London’s competitiveness as a major economic hub at a time when tax and regulatory changes are hammering the city.Johnson, who has fought a long campaign over the importance of investment in London’s infrastructure, said both the Crossrail project and major upgrades to the Tube have been given the go-ahead, providing a £78bn fillip to the economy.Funding to Transport for London (TfL) from the Department for Transport (DfT) will fall by £2.17bn over the four years of the Spending Review, equivalent to a real-terms cut of 21 per cent. But DfT funds represent only a third of TfL’s budget, alongside fares, borrowing and commercial revenue – meaning the cut to the organisation’s total funding will be around eight per cent.Crossrail’s budget has been slashed by £1bn, meaning that delivery of the project will be delayed by a year to 2018 while efficiencies are found. But it will be delivered in full, including branches off to Heathrow, Maidenhead and other out-of-London destinations, the Mayor said.The Tube upgrade, which with Crossrail will boost network capacity by 30 per cent, is also going ahead, though “cosmetic improvements” to Tube stations have been axed.Concessions have also been protected on the London bus network, with fare increases kept at the level announced at the end of last year.But Johnson conceded that the pain would be felt via a rise in the congestion charge to £10, a reduction in spending on electric vehicles, charging for parking on the TfL road network and a cut in the funding allocation to London boroughs.Tfl, which has already realised £5bn of savings, will also be subjected to a structural review led by transport commissioner Peter Hendy, who will report early next year on how to deliver further efficiency savings. Show Comments ▼ KCS-content whatsapp Wednesday 20 October 2010 8:45 pm Crossrail and Tube spared from savings center_img whatsapp More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.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.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com 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 FarmDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definitionthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com Share Tags: NULLlast_img read more

GDP grows steadily yet may stall in 2011

first_img whatsapp Show Comments ▼ 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 ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof Share RESILIENT economic growth continues to be recorded in the UK, according to official figures released yesterday.The economy grew by 0.8 per cent in the three months to September, the Office for National Statistics (ONS) confirmed.And GDP was up 2.8 per cent compared to 12 months earlier. The figures mark a calendar year of consecutive growth in the UK.Further good news came in the details, which “look more sustainable than in prior quarters” according to Andrew Goodwin, senior economist at the Ernst & Young ITEM Club.“There is greater balance and this gives the impression of durability, and much smaller reliance on stockbuilding,” he added.There was also less reliance on construction growth, which fell to four per cent, down from the unusually high second quarter rate of 9.5 per cent. GDP was boosted by a surprise improvement in net trade as exports grew faster than imports. However, there remain concerns for the economy’s prospects in the final quarter of the year, and into 2011.Growth in consumer spending remains weak, falling to 0.3 per cent. Falling incomes, government spending cuts and the impending rise in VAT will pinch consumers, say analysts.Combined with tight credit conditions and potential knock-on effects of the crisis in Ireland, GDP “looks set to slow further in the fourth quarter, possibly down to around 0.4 per cent” according to Chris Williamson, chief economist at Markit. Most analysts expect per quarter growth between 0.3 per cent and 0.5 per cent for next year.The economy is in a robust state, but there is no room for complacency, said David Kern, chief economist at the British Chambers of Commerce (BCC). “The government must focus all its efforts on enabling the private sector to make 2011 a year for growth,” he said. “Obstacles that hamper businesses in their efforts to create jobs, invest and export must be removed.”The ONS will report on fourth quarter growth on 25 January next year. KCS-content Wednesday 24 November 2010 8:41 pm whatsapp Tags: NULL GDP grows steadily yet may stall in 2011 last_img read more

Spending hits ten-year low in households

first_imgTuesday 30 November 2010 8:17 pm Spending hits ten-year low in households KCS-content Share whatsapp Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily 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 Proof Tags: NULL Show Comments ▼ FAMILY spending in the UK has fallen to a ten year low, according to government figures released yesterday.The average weekly spend dipped to £455 per household last year, down from £471 in 2008, said the Office for National Statistics (ONS).The figures reflect households tightening their belts amid recession, as the economy shrunk by five per cent in 2009.Yet spending in London remained considerably higher than in other UK regions. The average household in the capital spent £552.30 per week between 2007 and 2009, over £90 higher than the British average.Households in the rest of the south east were close behind, spending £523.90.The north east was the region with the lowest weekly spend, averaging out at just £387.20.The high costs of London living were largely attributed to spending in the housing, fuel and power category. Londoners’ spending on these items was 48 per cent higher than people in the rest of the country.Despite the London effect, spending was higher among people living in rural areas. The average countryside households spent around £50 more per week than its counterparts in towns and cities. The editor of the report, Giles Horsfield, said that cuts in interest rates may actually have reduced some spending. “Higher expenditure on housing related costs such as rent, electricity and gas were offset by lower spending on mortgages,” he said.The results are based on the Living Costs and Food Survey (LCF) of 6,000 households across the UK.The fall in spending for 2009 mirrored data released on Monday by the Office for Budget Responsibility (OBR). The independent watchdog listed household consumption for 2009 as 3.3 per cent down on the previous year.Yet the figures provide hope that spending for 2010 will bounce back. The OBR estimate a 1.1 per cent jump in household consumption for this year, an upward revision of 0.8 per cent from the projection made in June’s emergency budget.The OBR forecast consumption growth of 1.3 per cent in 2012, rising to 2.1 per cent by 2014. whatsapplast_img read more

Saga nets Nestor in a sweetened £124m deal

first_img KCS-content whatsapp Read This NextFresh Fruit Sushi: Recipes Worth CookingFamily ProofCreamy Pumpkin Soup: Delicious Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily Proof’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofA Once in 17 Years Cicada Event in Princeton, New JerseyFamily Proof 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 ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBeHistorical GeniusHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeHistorical GeniusMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald Saga nets Nestor in a sweetened £124m deal Monday 6 December 2010 7:18 pm Sharecenter_img SAGA, which specialises in offering services to the over 50s in the UK, said yesterday it would buy Nestor Healthcare for about £124m. Nestor investors will receive 110p in cash for each share, a premium of about four per cent to the stock’s Friday close, the companies said.Under the terms, Nestor will pay a second interim dividend of 2.5p per share for the year ending 31 December in lieu of a final dividend.Nestor provides services to health and social care customers in the UK. Saga, which is owned by private equity group Acromas, had first made an offer for Nestor in August and sweetened its bid in October and November. Saga said it had the support of over half of Nestor’s shareholders, including the company’s directors. Nestor shares were up 3.8 per cent at 109.75p immediately after the announcement. Show Comments ▼ whatsapp Tags: NULLlast_img read more

HMV shares plunge as its losses mount

first_img whatsapp KCS-content Share HMV shares plunge as its losses mount HMV shares dropped nearly 17 per cent yesterday as poor trading figures laid bare the company’s failing turnaround plan.The music, DVD, games and books retailer posted a worse-than-expected widening in first-half losses. Its share price dropped 16.57 per cent yesterday, to 36.50pHMV made an underlying pre-tax loss of £41.3m for the six months to 23 October, compared with analyst forecasts for a loss of £38-39m, according to a company poll.Sales fell six per cent to £749.5m, with sales at stores open over a year down 11.5 per cent.Like-for-like sales at its Waterstone’s book chain fell by 3.2 per cent over the first half of its financial year.Chief executive Simon Fox is battling to turn the business around as competition from downloads increases.Fox said: “Our stores are ready (for Christmas). We have done everything we possibly can but if customers cannot get on to the high street it will be very serious for all retailers, including ourselves.”He said the outcome for HMV’s year to the end of April would be largely determined by the next four weeks of the Christmas trading period which, together with the final four months of the year, account for 60 per cent of total sales. He is nervous that more extreme weather will further hamper seasonal sales.The company has changed its strategy by concentrating on its live music venues, which Fox believes can help it turn the corner. Prior to yesterday’s update, HMV shares had lost 62 per cent of their value over the past year.SIMON FOXCHIEF EXECUTIVE HMVChief executive Simon Fox has been at the helm of HMV for four years. A former executive at electricals giant Kesa, he has a strong pedigree in retail and is also a non-executive director of the Guardian Media Group. His interest in the media, allied with his executive experience, made him one of the prime candidates for the chief executive spot at ITV when it became vacant earlier this year. He was a frontrunner but pulled out of the race to concentrate on completing his turnaround plan at HMV. Ironically, while the company has continued to struggle, ITV – under new chief Adam Crozier – has seen improving fortunes. Fox graduated with an MA in economics from Cambridge University in 1982, and worked for Security Pacific Bank, Boston Consulting Group and Sandhurst Marketing in his early career. He also founded Office World before joining Kingfisher in 1998. At HMV, his boldest move has been a partnership with live music venue operator MAMA, under which nightspots such as the Hammersmith Apollo have been rebranded with the HMV logo. Fox is known for his laid back style, but retail experts say he has the backbone to make tough decisions.Director general of the British Retail Consortium Stephen Roberston said of him: “He’s not as acerbic as other retailers, but there’s no doubting he has the steel to run a business like HMV”. center_img Tags: NULL Show Comments ▼ whatsapp Thursday 9 December 2010 9:00 pmlast_img read more

KKR’s £1bn bid for Perpetual is called off

first_img whatsapp KCS-content Share KKR’s £1bn bid for Perpetual is called off whatsapp Tags: NULLcenter_img Show Comments ▼ Monday 20 December 2010 8:08 pm AUSTRALIAN wealth manager Perpetual has called off talks with private equity firm Kohlberg Kravis Roberts over a $1.7bn (£1.09bn) takeover saying the approach undervalued the company, knocking its shares down by nearly 15 per cent.KKR made an indicative bid of A$38 to A$40 per Perpetual share in October, eyeing a slice of the $1.2 trillion Australian wealth management sector. It was only willing to raise that slightly after looking at limited data.The Australian wealth management industry is among the few growing parts of the country’s financial services sector, thanks to compulsory private pension schemes. There have been several deals in the sector, including the $13bn takeover offer of AXA Asia Pacific by AMP.Perpetual, which is currently searching for a new chief executive, said the the initial offer was too low and said it would now end all discussions with KKR after it failed to get an acceptable price.A successful offer could have led to further consolidation in the world’s fourth-largest wealth management industry but investors said KKR will likely remain in the market for other Australian wealth management assets.KKR’s offer valued Perpetual at about 22 times forward earnings compared to 18 times for AMP’s offer for the Australia and New Zealand assets of AXA Asia Pacific.“The takeover premium is gone out of the share price and no other bidders are likely to come in,” said Simon Burge, fund manager at ATI Asset Management. “Add to that uncertainty over the new chief executive. Only when a new head is appointed will we know the direction of the firm.” More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPuffer fish snaps a selfie with lucky divernypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comRussell 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.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org 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 TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 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.comlast_img read more

BAE fined over Tanzania deal

first_img Share Show Comments ▼ Tuesday 21 December 2010 8:23 pm More From Our Partners A 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.orgBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com980-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.comWhy people are finding dryer sheets in their mailboxesnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com BAE fined over Tanzania deal ARMS group BAE Systems yesterday received a £725,000 penalty after a probe into allegations about an arms sale to Tanzania, but a judge criticised a deal it struck with the Serious Fraud Office (SFO) to end the investigation.A London court handed down the sentence, including a £500,000 fine plus costs of £225,000, to BAE for failing to keep proper records of payments to a Tanzanian marketing adviser.But Justice David Bean criticised a plea bargain deal with the SFO, under which it avoided admitting to claims it made payments to win a £28m radar deal with Tanzania, which it denies.Under the deal, BAE agreed to pay a £30m fine and last month pleaded guilty to a charge of breach of duty over keeping of accounting records covering payments made to the adviser.Bean said the agreement was hastily drafted and he was unable to “sentence (BAE) for an offence which the prosecution failed to charge”, such as false accounting or conspiracy to corrupt.The judge wanted to know what the cash paid to the adviser had been used for before deciding on the fine.“The victims of this way of obtaining business, if I have correctly analysed it, are not the people of the UK, but the people of Tanzania,” Bean said.BAE acknowledged paying commission money to the agent, but denied corruption. “The company accepts the decision of the court and will abide by it,” BAE said.After the sentencing, SFO director Richard Alderman said: “I expect BAE to honour the agreement. I expect the company to pay it as quickly as possible.” Tags: NULL whatsapp KCS-content whatsapplast_img read more

NO DIRTY NAPPIES, I’M OFF TO THE MATCH

first_img NO DIRTY NAPPIES, I’M OFF TO THE MATCH whatsapp KCS-content HIGH-profile dads have been dominating the newsstands recently, with David Cameron introducing baby Florence to the press (right) and father-of-three Nick Clegg proposing changes to the UK’s paternity leave rules. Hot on the heels of the trend, Prospect magazine has today published an article on the struggle to achieve a work-dad balance, with some fascinating insights into the parenting styles of the UK’s working fathers.Most interesting is M&C Saatchi founding director David Kershaw, a self-confessed “creature of selfish habit” who married late after spending the 1980s leading the “somewhat debauched existence” of a classic ad man. Fast-forward several years and he’s is ready to settle down – but not without caveats.Kershaw explains how a contract was agreed with his wife for how the couple would approach their “breeding programme”, with three explicit conditions. The clauses exempted Kershaw from nappy changing, night duties, and having to stop spending time playing golf or watching his beloved Arsenal. Naturally, it also required his wife to give up work.Terms agreed, the couple happily procreated, with Kershaw continuing his hands-off approach as their children grew up, acting as “a sharer of treats rather than a constant figure of responsibility”. While The Capitalist is a firm believer in an each-to-their-own philosophy, Clegg should be careful to look elsewhere for his paternity-leave poster boy. RUGBY’S NEW MASCOTSThere’ll be something for everyone at One New Change tonight, when Irish London players Delon Armitage and David Paice will share the shopping centre’s atrium with an up-and-coming band – though thankfully not at the same time. Ahead of the Exile’s derby against Harlequins on Saturday, Armitage and Paice will be answering questions – which fans can submit in advance on Facebook or twitter – and there’ll also be giveaways of tickets for the popular clash.For those not so into the rugby, alternative entertainment will be on offer in the form of “hotly-tipped” girl band FunFair (us neither). Taking cross marketing to a whole new level London Irish have signed a deal for the band to play at every one of their home games this season and will be kicking off the event with a live performance.So when you hear the strains of the club’s anthem – The Boys Are Back In Town – drifting out across the dome of St Paul’s Cathedral, you’ll know who they’re singing about. STRICTLY BOARDROOMOusted Healthcare Locums vice-chair Kate Bleasdale (left) has had a tumultuous month, but The Capitalist is hoping that being investigated for accountancy irregularities at her own firm won’t stop the reportedly jovial ex-nurse from maintaining her party spirit.Word has spread that an entertaining YouTube video of the former executive vice chairman dancing to Abba has been taken offline recently and The Capitalist is keen to view the forbidden footage: consider this a call for submissions.We have to say that the report of the video does jog the memory: it was not too long ago that Bleasdale was accepting a business award at a dinner in Old Billingsgate Market. Shunning the usual speech, she decided instead on a peculiar little jig on-stage. Alas, the merry chairwoman is “finally facing her Waterloo”. Show Comments ▼center_img Wednesday 23 February 2011 7:31 pm Share whatsapp Tags: NULLlast_img read more

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