Month: September 2021

Co-op hits out at Cameron’s austerity talk

first_img More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.com whatsapp Show Comments ▼ Co-op hits out at Cameron’s austerity talk whatsapp Share THE Co-operative Group blasted the government for damaging consumer confidence with talk of an “age of austerity” yesterday, despite revealing an 18 per cent rise in profits.Britain’s largest mutual retailer said it had beaten tough conditions to grow in the first half of the year but predicted a gloomy trading environment until at least the end of 2011.Chief executive Peter Marks told City A.M.: “Are we going to be helped by the general economy any time soon? No – how can you be because the government is telling us about an age of austerity.”Marks said negative language from politicians was “absolutely” affecting sentiment on the high street. He added: “If you talk loudly enough and long enough about something, people start believing it. However, it is clear the government needed to tackle the deficit. Everybody knows we were living beyond our means.”Marks’ comments are likely to hit home with Prime Minister David Cameron. Earlier this year, Cameron re-launched an initiative urging school and hospital workers to replicate co-operative structures in a bid to improve public services. Chancellor George Osborne has praised mutuals as a way of letting people “take ownership of their own enterprise”.Marks’ broadside came as the Co-op said its purchase of Somerfield helped push group turnover up eight per cent to £6.9bn in the six months to 3 July. The business, whose activities span food retailing, financial services, travel and funeral parlour operations, said profit before payments to members fell 31 per cent to £169m. But after one-off items it rose 17.6 per cent to £260m.Co-operative Financial Services, which merged with the Britannia last year, picked up a stream of customers disillusioned with bigger-name banks. Its operating results rose by more than a third to £109.3m and savers’ deposits grew to £1.4bn. KCS-content Thursday 26 August 2010 8:44 pm Tags: NULLlast_img read more

Merkel calls on Bundesbank to dismiss director

first_imgMonday 30 August 2010 9:04 pm KCS-content Merkel calls on Bundesbank to dismiss director Show Comments ▼ More From Our Partners Biden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.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.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org Share whatsappcenter_img GERMAN chancellor Angela Merkel is urging Bundesbank to review whether one of its board members should remain at the bank after comments he made about immigrants and Jews caused a political storm. Merkel lashed out at comments made by Thilo Sarrazin, who joined Bundesbank’s board last year, and said the bank should dismiss him. Sarrazin, who released a book on immigration yesterday, was quoted telling a German newspaper that “all Jews share a particular gene”.Merkel said his comments have harmed “the bank’s reputation domestically and abroad”.The Bundesbank board has sought to distance itself from Sarrazin although it has not called for his resignation. A statement said: “The Bundesbank board is of the view that Dr Sarrazin’s comments hurt the image of the Bundesbank.”Sarrazin’s book, Germany Abolishes Itself, is a critical look at immigration in the country. He says his comments have been taken out of context. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableyZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldBetterBe20 Stunning Female AthletesBetterBeCrowdy FanShe Didn’t Know Why Everyone Was Staring At Her Hilarious T-ShirtCrowdy Fanautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite Herald whatsapp Tags: NULL last_img read more

Tube boss says sorry to the thousands of commuters forced to walk on tracks

first_imgTuesday 19 October 2010 7:54 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 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 AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald whatsapp Share whatsapp Show Comments ▼center_img Tube boss says sorry to the thousands of commuters forced to walk on tracks KCS-content THE HEAD of the London Underground apologised for a second day of Tube chaos yesterday, which saw thousands of commuters forced to climb out of trains and walk to safety through pitch-black tunnels. The Victoria line was suspended after a train broke down near Seven Sisters station at peak rush hour, stranding around 400 passengers in the tunnel for two hours before TfL staff led them through the tunnel. The Northern, District and Circle lines also suffered delays due to myriad signal failures and defective trains. The chaos followed Monday’s power failure on the Jubilee line, which also led to thousands of passengers escaping by walking down the underground tracks. “I am sorry that for a second day many of our customers have had difficult and in some cases severely interrupted journeys to work,” said London Underground managing director Mike Brown. “I know that having to walk along the track through a tunnel is distressing. “Our customers deserve much better than the service they have had in recent days and all our energies are focused on delivering a fast, reliable and safe service.”The rail union RMT said the breakdowns illustrated the dangers of cutting staff. 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

Ocado to expand delivery area in England and Wales

first_img RECENTLY-listed online grocery firm Ocado is set to begin delivering to homes in south-west England and south Wales from March, adding 1.5m extra households to its delivery capacity.The company has bought a distribution centre near Bristol to facilitate the expansion, which will create 100 new jobs in the area.The move comes after Ocado earlier this month announced plans to build a second warehouse in North Warwickshire for £210m, in order to invest in its distribution.The new facility, which will create up to 2,000 jobs, will eventually add capacity for 180,000 further orders per week.Ocado has had a rough time of it in the past couple of months, after struggling to get away its initial public offering on the London Stock Exchange in July. The company, which has yet to turn a profit, was forced to slash its price at the eleventh hour from the original price range of 200p-275p to just 180p a share.Since then, the shares have fallen even further over continued concerns over Ocado’s strategy, falling to lows of 123.5p before recovering slightly to trade at around 137p at the close of play on Friday. The poor performance comes in spite of the company reporting a 30 per cent boost to quarterly sales last month. 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 Ocado to expand delivery area in England and Wales KCS-content whatsapp Tags: NULL whatsapp Sunday 24 October 2010 11:00 pm Show Comments ▼ Sharelast_img read more

US economy in slim GDP rise

first_img 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?MisterStoryMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldmoneycougar.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 FollowAlphaCuteDirect HealthyKate Silverton’s PartnerDirect Healthy Friday 29 October 2010 10:16 am John Dunne whatsapp whatsapp US economy in slim GDP rise Share US economic growth edged up as expected in the third quarter but not enough to chip away at high unemployment or change perceptions of more monetary easing from the Federal Reserve next week.Gross domestic product expanded at a two per cent annual rate as consumer spending rose at its fastest pace since 2006, the Commerce Department said on Friday.While consumer spending quickened and business investment continued to expand, much of the rise in demand was met by overseas production and domestic goods continued to pile up in warehouses, suggesting tepid growth in the fourth quarter.“The economy is recovering, but recovering at an anaemic pace, and this certainly will help the Fed in its deliberations on Tuesday,” said Hugh Johnson, chief investment officer at Hugh Johnson Advisors in Albany, New York.The economy expanded at a 1.7 per cent rate in the second quarter and third-quarter growth matched economists’ expectations.Details of the report reinforced financial market expectations the Fed will announce a second round of bond purchases at its November 2-3 meeting to push interest rates down further to energize the recovery and ward off deflationary pressures.The GDP report showed the Fed’s preferred inflation measure, the personal consumption expenditures (PCE) index, excluding food and energy, rose at an annual rate of 0.8 percent in the third quarter.That was the smallest increase since the fourth quarter of 2008 and well below the Fed’s comfort zone for inflation.The index increased at a one per cent rate in the second quarter.Analysts expect the Fed to announce bond purchases of about $100 billion (£62bn) a month on Wednesday.US stock index futures pared losses to trade nearly flat. Bond prices rose on the premise of more “quantitative easing” from the Fed, while the dollar extended losses against the yen on the prospect the Fed will need to print more money.The economy is experiencing a slow recovery by historical standards, with unemployment at 9.6 per cent and Americans increasingly nervous about the future.That is expected to shift the country’s political landscape in Tuesday’s congressional elections, seen as a vote on President Barack Obama’s performance on the economy. His Democratic party is expected to suffer big losses.The US central bank cut overnight interest rates to near zero in December 2008 and has bought about $1.7 trillion (£1.06 trillion) worth of Treasury and mortgage-related debt since then. Show Comments ▼ Tags: NULLlast_img read more

Slow trading to hit Barclays

first_img whatsapp Share More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.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.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com whatsapp Sunday 7 November 2010 8:32 pm KCS-content center_img Slow trading to hit Barclays by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm BARCLAYS is tomorrow expected to reveal that investment banking income plunged in the third quarter as trading activity declined, though impairments may fall due to an improved outlook in Spain.Barclays Capital, the investment banking arm led by Bob Diamond, who is due to take over from John Varley as chief executive next year, is expected by analysts to post revenues of around £2.8bn, down around a sixth quarter-on-quarter. That would tie in with the bank’s peers in the UK and US, which have been hit across the board by a slowdown in activity.But analysts expect impairments to have improved compared to the first half of the year, when the weak property market in Spain caused bad debt charges to rocket. Morgan Stanley forecasts £1.3bn of impairments in the third quarter, compared to a guidance range provided by the bank of between £6.5bn and £6.9bn for the full year.Compensation is likely to again prove a thorny issue for Barclays, which is expected to set aside around £1.5bn in a compensation pot for its investment bankers in the quarter despite the relatively weaker performance.The payout – which does not become formalised until the end-of-year results in February – comes after Barclays decided to double the salaries of some of its more senior investment bankers, in order to retain talent by compensating for the regulatory restrictions placed on discretionary bonuses. Show Comments ▼ Tags: NULLlast_img read more

Carlyle Group will take control of Fairfield Partnership

first_imgSunday 12 December 2010 10:46 pm whatsapp whatsapp Carlyle Group will take control of Fairfield Partnership Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikePast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past FactoryFactableThis Is What Historical Figures May Have Really Looked LikeFactableMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryDefinitionTime Was Not Kind To These 28 CelebritiesDefinitionHealth Gut BoostRandy Jackson: This 3 Minute Routine Transformed My HealthHealth Gut BoostZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldMaternity WeekThis Was Found Hiding In An Oil Painting – Take A Closer LookMaternity WeekNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyNewArenaRanked: The Most Miserable Cities In AmericaNewArena CARLYLE Group plans to take a controlling stake in Fairfield Partnership, the regional housing developer that owns more than 1,000 sites in Cambridgeshire and Hertfordshire.The US private equity giant will pay an initial £17m, rising to £40m after an agreed investment of capital.It will buy the stake from Fairview New Homes, which jointly owns the firm with Marchfield Developments.Marchfield will retain a 20 per cent stake in the firm.Carlyle Group declined to comment last night. Fairfield Partnership were unavailable for comment. Fairfield works with landowners to develop greenfield and brownfield sites, either leasing or buying the land and promoting it for sale.The acquisition will be seen as a positive reflection on the state of the UK housing market just days after it recorded its first annual decline in a year.The three months to November, fell 0.7 per cent compared with a year ago – the first decline on this measure since November 2009.That compared with gains of 1.8 per cent on the month and a three-month annual rise of 1.2 per cent in October.Analysts say the figures reinforce the view that house prices will remain soft in 2011. center_img KCS-content Share 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 WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The 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 Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’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 Wrap Tags: NULLlast_img read more

Northern Rock set for sell-off

first_imgMonday 17 January 2011 9:41 pm Show Comments ▼ 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 WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The 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 WrapThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayot’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap whatsapp Share THE government has invited pitches for financial advisers to assist in offloading its stake in the nationalised bank Northern Rock.UK Financial Investments, the body that administers the taxpayer’s stake in bailed-out banks, opened itself up for a “beauty parade of investment banks” yesterday. It said that it is considering a range of options, but most observers think a sale of the Northern Rock “good bank” – as opposed to the “bad bank” privatised last year – is most likely.The “good bank” includes all of Northern Rock’s branches, deposits and IT systems, with estimates that the assets will fetch a price close to £1.5bn.Credit Suisse is thought to be in good standing with UKFI, having handled a lot of government work during the financial crisis.Goldman Sachs has also been cited as a strong contender, but industry sources queried whether it is in pole position given it was dropped as an adviser after a previous deal involving Northern Rock.The sale is likely to attract strong interest from a range of banks which are looking to expand their presence in the UK. Virgin Money, NBVK Investments and National Bank of Australia are all thought to be interested. center_img KCS-content whatsapp Northern Rock set for sell-off 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 AthletesBetterBeAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com Tags: NULLlast_img read more

Advertising body rebukes Asda

first_imgWednesday 2 February 2011 7:49 pm whatsapp Share KCS-content Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily 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 ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily Proof whatsapp Advertising body rebukes Asda Show Comments ▼ Tags: NULL The Advertising Standards Authority (ASA) has ruled Asda must make changes to the way it presents its price guarantee, a key plank of the grocery chain’s marketing, following complaints from rivals. The watchdog said adverts run by Asda following the introduction of its price guarantee in April must not appear again in their current form. “We told Asda to ensure their ads did not suggest their price guarantee applied to all items, including non-grocery items and items that were specifically excluded, or that their savings claims referred to shopping generally rather than specific items,” the ASA said. Asda’s original guarantee offered to refund shoppers the difference if they could find their groceries cheaper elsewhere. last_img read more

Santander UK IPO could hit further delay

first_img Tags: NULL whatsapp KCS-content Thursday 3 February 2011 8:23 pm Santander UK IPO could hit further delay THE slated £5bn float of a fifth of Santander’s UK business might not get away until 2012, according to a person close to the IPO process. “If the markets are not in the right condition, it’ll be 2012. There’s a figure in mind the bank wants to get,” said the source. The prospect of putting back the float follows comments by the group’s chairman Emilio Botin, who yesterday pushed back expectations of a float to the second half of this year.Former chief executive Antonio Horta-Osorio forecast last year that it would take place before the third quarter of 2011. One analyst told City A.M. that the float could be put off “indefinitely” if market conditions for banks do not improve. Industry values have been depressed by an impending onslaught of regulation that could increase banks’ costs and restrict their business models.The uncertainty surrounding the float follows a fourth quarter earnings report dented by worsening non-performing loans, mostly in mortgages in Spain and Portugal, as well as a one-off liquidity requirement imposed by the Bank of Spain in the third quarter of 2010 that cost €472m (£401.5m). Pre-tax profit for the group rose by a slim 2.4 per cent to €12.1bn but net profit was down 8.5 per cent. Despite a drag from the Eurozone, the bank earns 65 per cent of its profits outside continental Europe. Its shares closed 1.7 per cent lower at €8.99 yesterday. Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramUndoHero WarsAdvertisement This game will keep you up all night!Hero WarsUndoBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure SolutionUndoBlood Pressure For LifeWhy Doctors May No Longer Prescribe Blood Pressure MedsBlood Pressure For LifeUndoLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoAll Things Auto | Search AdsNew Cadillac’s Finally On SaleAll Things Auto | Search AdsUndoLiver HealthAdvertisement 1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndocenter_img whatsapp Show Comments ▼ More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org Sharelast_img read more