News

COMMENT

Tuesday 26 October 2010
British Land is teaming up with Canada’s Oxford Properties to develop the Leadenhall Building in the City financial district, the second crisis-hit skyscraper project to be revived within a week.
Tuesday 26 October 2010
OFFICE rents in London and other European capitals rose at a slower rate and demand fell in the last three months, prompting experts to warn that public spending cuts could stunt a recovery in deals.
Tuesday 26 October 2010
Strong digital sales at publishing group Pearson helped boost its third quarter performance, pushing up its full-year forecasts.
Tuesday 26 October 2010
COMPETITION to become Alan Sugar’s apprentice may be fierce, but it is nothing compared to the fight to become a BT apprentice.
Tuesday 26 October 2010
JONATHAN JACKSON | KILLIK & CO The group is well placed to benefit from the structural changes in its markets towards digital delivery, personalisation, subscription services and mobile devices. We remain positive on the shares.
Tuesday 26 October 2010
BRITAIN’S top shares ended higher yesterday, supported by strength in miners as metals and crude prices rose amid a weaker dollar after G20 finance ministers agreed to avoid competitive currency devaluations.
Tuesday 26 October 2010
Stuart Rose, chairman of bellwether British retailer Marks & Spencer, said consumers can cope with government spending cuts and retail sales will grow next year, even though trading will be tough.
Tuesday 26 October 2010
Banco Popolare has joined European banks tapping investors to help meet new global rules with plans for a hefty capital hike, triggering fears bigger Italian peer Banca Monte dei Paschi di Siena will join them.
Tuesday 26 October 2010
IMPAX Asset Management reported strong trading volumes yesterday, saying it expected full year revenue to be well ahead of last year on the back of an increase of 45 per cent in assets under management (AUM).
Tuesday 26 October 2010
THE Singapore stock exchange (AGX) announced an $8.3bn (£5.2bn) takeover bid for the Australian stock exchange (ASX) yesterday, in an effort to boost its position in the region and compete with Hong Kong.
Tuesday 26 October 2010
General Electric (GE) yesterday said it won a $750m (£475.9m) contract to supply gas-fired electric turbines to India’s Reliance Power.
Tuesday 26 October 2010
US electricals giant Best Buy has said its UK launch has been a success with new stores trading ahead of expectations.
Tuesday 26 October 2010
InterContinental Hotel Group (IHG), the world’s largest hotelier, said yesterday revenue per available room (revpar) in the Americas region was boosted by the ongoing relaunch of its Holiday Inn hotels and the return of business travellers.
Tuesday 26 October 2010
GERMAN sporting goods maker Puma said yesterday it would bring criminal charges against its partners in a Greek joint venture after discovering an alleged swindle that could cost it as much as €130m (£115.3m).
Tuesday 26 October 2010
DESPITE talk of a double-dip recession in the US, the noises coming from corporate America are increasingly positive.
Tuesday 26 October 2010
DAVID Cameron yesterday gave his strongest hint yet that a new immigration cap would not stop firms from recruiting highly-skilled foreign talent.
Tuesday 26 October 2010
BANKS should think twice before paying out lavish bonuses this year and must start to refocus on longer-term investment to avoid a repeat of the financial crisis, business secretary Vince Cable said yesterday.
Tuesday 26 October 2010
PRIME Minister David Cameron yesterday indicated that the government will opt to retain its stakes in the banks for a while longer in order to influence their SME (small and medium sized enterprise) lending policies, rather than selling them off a
Tuesday 26 October 2010
MARK LITTLEWOOD | INSTITUTE OF ECONOMIC AFFAIRS
Tuesday 26 October 2010
ED MILIBAND yesterday said that Britain’s political classes suffered from an “anti-manufacturing bias” and called for a return to industrial interventionism to recalibrate the economy.
Tuesday 26 October 2010
BARCLAYS president Bob Diamond yesterday predicted that the avalanche of new financial regulation will spark a wave of consolidation across the banking sector, as struggling banks are swallowed up by more successful rivals.
Tuesday 26 October 2010
SANTANDER’S UK chief executive António Horta-Osório yesterday defended the competitive nature of Britain’s retail banking market, even as his peers warned that regulation may lead to a wave of consolidation in the market.
Tuesday 26 October 2010
DEPUTY governor of the Bank of England Paul Tucker said yesterday that the central bank is unlikely to start withdrawing support from the UK economy in the near future, given the uncertain nature of the recovery.
Tuesday 26 October 2010
MARTIN MENZIES | LLOYDS OF LONDON
Tuesday 26 October 2010
Money manager Invesco yesterday said its acquisition of Morgan Stanley’s retail fund business bolstered third-quarter sales and aided a 47 per cent jump in profit.
Tuesday 26 October 2010
Lockheed Martin, the world’s biggest defence contractor, yesterday said its board approved a new share buyback plan of as much as $3bn (£1.9bn).
Tuesday 26 October 2010
Lazard The financial advisory and asset management firm has hired Fotis Hasiotis as co-head of the European financial sponsors group, based in London.
Tuesday 26 October 2010
VIRGIN Trains has denied suggestions it may launch rival services against Eurostar on the new high-speed line from London to continental Europe.
Tuesday 26 October 2010
HYUNDAI UK has recalled thousands of cars over fears that winter road de-icing salt may have damaged their suspension systems.
Tuesday 26 October 2010
PRIVATE equity firm Carlyle Group is in talks to buy CommScope for about $3bn (£1.9bn), the communications cable maker said.
Tuesday 26 October 2010
SHARE trading service LMAX opened for business yesterday, offering contracts for difference on US and European share indices, commodities and UK gilts.
Tuesday 26 October 2010
BAE Systems yesterday signed a $91m (£57.8m) contract with the US Army to upgrade 552 of its Bradley combat vehicles.
Tuesday 26 October 2010
COMPASS
Monday 25 October 2010
David Cameron has promised to invest to ensure the UK's future economic growth, with an emphasis on entrepreneurs.
Monday 25 October 2010
THE City was hit by traffic chaos in the rush hour after a chemical spill at the New Change shopping mall on Cheapside.
Monday 25 October 2010
The latest figures from UK's major banks have said that budget uncertainties had contributed to a subdued mortgage market. The downward trend spiral continued in September, the British Bankers' Association (BBA) said.
Monday 25 October 2010
InterContinental Hotel Group, the world's top hotelier, said revenue per available room in the Americas region was boosted by the ongoing relaunch of its Holiday Inn hotels and the return of business travellers.
Monday 25 October 2010
BP has announced that it has reached agreement to sell its recently-acquired interests in four oil and gas fields in the US Gulf of Mexico to Marubeni Oil and Gas for $650m (£413m).
Monday 25 October 2010
The FTSE 100 rose on opening this morning with heavyweight miners likely to be buoyed by a softer dollar after the Group of 20 major economies agreed to avoid competitive currency devaluations.
Monday 25 October 2010
British Land is teaming up with Canada's Oxford Properties to develop the Leadenhall Building in the City, in the second of two crisis-hit skyscraper projects to be revived within a week.
Monday 25 October 2010
Publishing group Pearson raised its full-year outlook again, saying it now expects adjusted earnings per share to be up around 10 per cent on last year despite the uncertain outlook.
Monday 25 October 2010
David Cameron will unveil plans to shake-up Britain’s competition regime, making it easier to pursue anti-trust investigations and slashing the amount of time it takes to complete them.
Monday 25 October 2010
THE G20 economies pledged to steer clear of an all-out currency war at the weekend, as countries including China and the USA agreed not to competitively devalue their currencies.
Monday 25 October 2010
THE INTERNATIONAL Monetary Fund has agreed a landmark deal that will hand more power to emerging economies, whose clout in the IMF has not kept up with their economic ascent.
Monday 25 October 2010
THERE will undoubtedly be some exuberance in the markets this morning on the back of this weekend’s G20 quasi-deal on currencies.
Monday 25 October 2010
FINANCIAL TIMES
Monday 25 October 2010
Managers at Royal Mail Group will be balloted on industrial action for the first time since 1979 over job losses, the Unite union said this morning.
Monday 25 October 2010
Senior members of the German government agreed a tax reform plan yesterday to curb the extent of a tax rise for energy intensive companies from 2011 by hiking tobacco duty.
Monday 25 October 2010
ALL eyes in the City and Westminster will be on the Office for National Statistics tomorrow, as it prepares to release its first estimate of third-quarter GDP growth.
Monday 25 October 2010
ONE of Citigroup’s top investment bankers, David Wormsley, will take to the stand as early as today after he was called as a hostile witness by the lead counsel for Guy Hand’s private equity firm Terra Firma on Friday in the legal dispute over the

Pages