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Posts posted by acidreign

  1. From the running Telegraph blog:

    15.43 The Daily Telegraph's city editor, Richard Fletcher, points out on Twitter that we're heading for the longest losing streak in eight years unless the FTSE 100 picks up this afternoon:

    Twitter The FTSE 100 is currently down 1.1pc. If it closes down it will be the eighth consecutive day of losses - the longest losing streak Jan 2003

  2. I was talking to an IT recruiter today who said they were now having trouble getting people to come work in London due to the high costs of accomodation/food which are shooting up for the Olympics.

    Thought I would share.

    Heard something similar with regards to a large Oil & Gas EPC Project that is due to be executed soon. Possibilities exist that the Project may be manned up elsewhere...

  3. Belfast the new Canary Wharf! Forgive me. Any new jobs are a good thing:

    300 jobs for Belfast

    A financial sector company has announced plans to create more than 300 new jobs in Belfast.

    The expansion by Capita's life and pensions division at its centre in the north of the city will create 336 posts over the next four years.

    Enterprise Minister Arlene Foster welcomed the announcement, which follows an offer of more than £1m support by Invest NI.

    The minister said: "These new jobs, which will be created over the next four years, are very welcome in the current economic climate and offer a wide variety of opportunities including management and supervisory positions".

    The scheme aims to create 4,000 jobs by 2014 and includes a range of temporary measures to support individuals to start a new business as well as employment support for established businesses.

    Capita has operated at Beacon House, Clarendon Dock, for almost five years, servicing global companies such as Prudential, MetLife and Aviva.

    Anne Marie McGoldrick, operations director for life and pensions in Capita said: "We are forecasting significant sales growth for our Belfast operation over the next three years and in order to facilitate that growth, we will need to quadruple our employee numbers".


  4. Yup. Many small businesses go bust due to late payments by the government. There was talk of a law to force government departments to pay within 30 or 60 days (I can't rememeber the exact figure). That was a few years ago but AFAIK they're still trying to pass it.

    It's already passed:

    a) From July 7th, 2010 to December 31st, 2011, 85 days maximum term of payment.

    b. From January 1st, 2012 to December 31st, 2012, 75 days maximum term of payment

    c) After January 1st, 2013, the maximum term of payment will be 60 days.

    Full info at the link:


  5. And that's all folks :P

    Icelandic volcanic stops erupting - UK official

    (Reuters) - An Icelandic volcano which has caused disruption to northern European airspace has stopped erupting, a UK weather official said Wednesday.

    The Grimsvotn volcano, which began erupting Saturday, is only blowing out steam and concerns over the ash cloud on aviation are easing rapidly, the official said.


  6. Carefully timed or more spin??

    Commodity prices fall as Goldman Sachs closes trade

    Commodity prices fell on Tuesday after Goldman Sachs' commodity team called time on one of its major trades.

    I'll not copy and past the whole article as it seems to be deemed the wrong thing to do on here... so here <_<


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