News

COMMENT

Friday 28 November 2014
BRITISH investment manager Charles Stanley has recorded a £3.9m loss in the first half ended 30 September, the firm announced yesterday.
Friday 28 November 2014
IMPAX Asset Management Group has recorded growth across the board in its audited results for the year ended 30 September, the company announced yesterday.
Friday 28 November 2014
UK PRIVATE equity firm Electra has seen a 15 per cent rise in its diluted net asset value per share over the year ended 30 September, the company reported in its audited results yesterday.
Friday 28 November 2014
BANK lending to businesses dived again in the third quarter, the Bank of England said yesterday, despite the economic recovery.
Friday 28 November 2014
BRITISH brewer and pub operator Marston’s yesterday reported a steady year of growth in its preliminary results for the year ended 4 October, despite posting a drop in profits.
Friday 28 November 2014
WEAK price pressures in Germany and Spain and a record number of jobless in France has put further pressure on the European Central Bank (ECB) to boost stimulus plans.
Friday 28 November 2014
EUROPEAN policies are failing to inspire any revival in credit and money growth, official figures showed yesterday. Eurozone bank lending to the private sector fell by 0.5 per cent year-on-year in October.
Friday 28 November 2014
To appear in Best of the Brokers, email your research to notes@cityam.com
Friday 28 November 2014
THE FTSE closed mixed yesterday, with oil-sensitive blue chips heavy fallers after the Organisation of Petroleum Exporting Countries (Opec) said it would take no action to ease a global supply gut of oil.
Friday 28 November 2014
EUROPEAN shares closed higher yesterday with investors reacting to fresh data from the Eurozone. The Stoxx Europe 600 Index climbed 0.4 per cent to 347.49 at the close of trading.
David Cameron
Thursday 27 November 2014
David Cameron is to call for measures aimed at making the UK a less attractive option for European Union immigrants, in a move that will see more claims he is imitating UKIP.
Jean Claude Juncker
Thursday 27 November 2014
Jean Claude Juncker, the President of the European Commission, has responded to criticisms of Luxembourg’s tax system while he was in government.
Mario Draghi
Thursday 27 November 2014
Mario Draghi has upped the rhetoric and made the strongest statement yet about creating economic union in the single currency zone.  
Oil pipeline
Thursday 27 November 2014
FTSE 100 oil producers plummeted this afternoon as the Opec group of oil-producing companies, who met today in Vienna, announced its decision not to curb oil production, despite falling prices.
Andrew Mitchell
Thursday 27 November 2014
Andrew Mitchel probably did use the word “pleb”, according to the High Court judge presiding over the MP’s libel case.
Supermarket chicken
Thursday 27 November 2014
Most chickens sold by UK supermarkets contain the bacterium campylobacter – the country's biggest cause of food poisoning.  
GSK
Thursday 27 November 2014
GSK's Ebola vaccine could soon be used to protect people against the disease in west Africa, after trials in the US gave volunteers immunity to the deadly virus without causing any negative side effects.   
Google
Thursday 27 November 2014
As hypothetical votes go, this is a big 'un. The European parliament has passed a resolution calling for Google to spin off its search engine business, in a pointed show of disapproval at the US search giant's practices.
UK customs
Thursday 27 November 2014
Net migration rose to 260,000 in the year to June, official statistics published today showed - that's an increase of 78,000, or 43 per cent, on the year before.
Lab
Thursday 27 November 2014
Glybera – the world's most expensive drug – has just been put on sale in Germany for $1m (£0.9m) per patient.  
Asda logo
Thursday 27 November 2014
Asda is doubling down on its Black Friday efforts with two days of discount deals stretching into Saturday and twice as many items on the supermarket shelves.
Thursday 27 November 2014
Today is Thanksgiving - and even if you're not surrounded by the warm glow of familial love, there are places to celebrate it in the capital.
Turkey farm
Thursday 27 November 2014
While we gobble up turkeys in celebration of Thanksgiving, perhaps we should also offer a toast to the festive birds themselves.   
Train with East Coast logo
Thursday 27 November 2014
Stagecoach and Virgin are the joint winners of a bid to run the East Coast mainline route, netting the government £3.3bn over the next eight years.
oil field
Thursday 27 November 2014
Is there a whiff of consensus from Opec over oil prices? The markets seem to think so, with oil prices dropping on either side of the Atlantic.
Scotland
Thursday 27 November 2014
It has been labelled as the biggest shake-up to the UK’s taxation system in the modern era, but what exactly does the contents of the Smith Commission report mean for Scotland and the rest of England?  
al-Naimi
Thursday 27 November 2014
The fall in oil prices continues apace.
Poundland
Thursday 27 November 2014
Shares in discount retailer Poundland edged 3.7 per cent higher to just under 314p after it posted a 11.7 per cent rise in pre-tax profits, which hit £9.3m in the six months to the end of September.
Thursday 27 November 2014
Luxury brand Mulberry has ended its year-long search for a creative director by naming Celine designer Johnny Coca to the post.
Thursday 27 November 2014
European stocks are expected to open lower today, as investors continue to digest OPEC's decision not to curb production.  
Thursday 27 November 2014
Tributes from around the world are pouring in for Australian cricketer Phillip Hughes who has died, two days after being struck on the head by a ball in a domestic cricket match.
Thursday 27 November 2014
BT’s biggest rivals voiced competition concerns last night as the former state monopoly continued £10bn takeover talks with the owners of mobile networks O2 and EE.
Thursday 27 November 2014
A cross-party committee of MPs will today propose that the Scottish parliament be handed direct control over billions of pounds of income tax and welfare benefits.
Thursday 27 November 2014
A LONDON MEP has warned European president Jean-Claude Juncker that the City will snub his £250bn investment plan because investors are wary of government infrastructure projects.
Thursday 27 November 2014
UBER, the controversial ride hire smartphone app, is close to raising more than $1bn (£633m) in a funding round that could reportedly value the business at up to $40bn.
Thursday 27 November 2014
Labour leader Ed Miliband has set his sights on water companies, claiming they make vast profits for shareholders, but do not provide customers with value for money. The move follows a high-profile attack on energy companies last year.
Thursday 27 November 2014
Fears about falling oil prices continued yesterday as the Saudi Arabian oil minister revealed that Gulf countries in the Organisation of the Petroleum Exporting Countries (Opec) would not move to curb production at its meeting in Vienna today.
Thursday 27 November 2014
Shareholders have been urged to vote against BG Group’s proposed pay package for incoming chief executive Helge Lund, which would see him earning a salary of £13.5m as well as a share arrangement worth £12m.
Thursday 27 November 2014
The first Ebola vaccine to be tested on humans has shown promising results in early trials, GlaxoSmithKline (GSK) said last night.
Thursday 27 November 2014
KING Digital, the firm behind the hugely successful game Candy Crush, said its chairman Melvyn Morris had stepped down. Morris, also the firm’s second-largest share­holder, will be replaced by board member Gerhard Florin as chair.
Thursday 27 November 2014
THOMAS COOK suffered its biggest share price slump in two years yester­day after investors were left reeling from the abrupt departure of chief executive Harriet Green, just two years into her turnaround of the world’s oldest travel company.
Thursday 27 November 2014
Insurance firm Aviva has been in talks about a potential merger with Friends Life for a number of months, City A.M. understands.
Thursday 27 November 2014
It's that time of year again folks. The Christmas adverts have taken root on our TV screens and Marks and Spencer has its “tastefully festive” album playing in store.
Thursday 27 November 2014
THE WAY the insurance sector is regulated is to be changed in order to implement the Solvency II directive, which comes into effect on 1 January 2016.
Thursday 27 November 2014
RETAIL sales stood firm in November while firms expected business to speed up as Christmas nears.
Thursday 27 November 2014
Cath Kidston is stepping down from her eponymous UK homeware company, 21 years after founding it.
Thursday 27 November 2014
THE UK economy grew by three per cent in the year to September with a bumper contribution from the business services and finance sector.
Thursday 27 November 2014
Patisserie Holdings’ chairman tells Kasmira Jefford about Britain’s obsession with cake.  
Thursday 27 November 2014
Cake and bread-maker Finsbury Food Group said revenues grew to £57.3m during the four months to 27 September, showing organic growth of 3.9 per cent in the period.

Pages