News

COMMENT

Alibaba
Monday 22 September 2014
Was Alibaba's IPO too good to be true? Shares in the newly-listed mega-retailer may have surged 38 per cent on their first day of trading on Friday, but investors had clearly calmed down today - its price fell three per cent in early trading.
Tesco
Monday 22 September 2014
Another surprise announcement this morning from Tesco has further dampened the supermarket’s outlook when it really must have been hoping to move on from recent rough times.
iPhone 6
Monday 22 September 2014
It may only have been on sale for three days, but sales of the iPhone 6 have already topped 10 million, setting a new record.
Scotch whisky
Monday 22 September 2014
This isn't just a hangover from the Scottish referendum.    
Len McCluskey
Monday 22 September 2014
The Scottish referendum should act as a wake up call to Westminster politicians that “you ignore the hopes of working people at your political peril”, Unite general secretary Len McCluskey told Labour MPs today.   
Ed Balls
Monday 22 September 2014
Shadow chancellor Ed Balls courted the business vote this afternoon, emphasising Labour's commitment to improving Britain's relationship with Europe.  
Clarges Estate
Monday 22 September 2014
London property developer British Land said today it's just sold the most expensive London home ever - a massive 5,000 sq ft penthouse on Clarges Street in Mayfair, which sold for "materially above" the previous record of £5,000 per sq ft (which,
Xbox One
Monday 22 September 2014
Gamers in China had a date with a brand new Xbox One booked for tomorrow, but Microsoft has thwarted those hopes by delaying the release of its console at the last moment.  
MAVEN
Monday 22 September 2014
When the Earth becomes too hot, it is hoped humans might be able to live on Mars.
Phillip Monks
Monday 22 September 2014
Five-year-old Aldermore Bank has today announced plans to list on the stock market, saying it wants to raise £75m "to support the medium-term growth of the business".
Miliband
Monday 22 September 2014
Ed Miliband has announced that a Labour government would raise the minimum wage to £8.00 by 2020 if it came to power.
Cathedral City
Monday 22 September 2014
Dairy Crest's share price fell 1.54 per cent to 403.2 pence this morning, following the news its dairy operations lost money over the past six months.  
Tesco trolley
Monday 22 September 2014
Four senior Tesco executives have been suspended while it investigates a £250m "overstatement" of half-year profits. One of the figures understood to have stepped aside is Chris Bush, the supermarket's UK managing director.
Manchester United lose
Monday 22 September 2014
For all the trials, tribulations, depressing days and unwanted records that have come Manchester United's way over the last 12 months or so, this afternoon’s collapse at Leicester City may well be the nadir.  
David Cameron
Monday 22 September 2014
Prime Minister David Cameron is hosting talks to discuss limiting the rights of Scottish MPs in Westminster.  
Phones 4U store
Monday 22 September 2014
EE has agreed to buy 58 Phones 4U stores after the retailer collapsed into administration last week.
tesco shopping bags
Monday 22 September 2014
Tesco has warned investors that its profit outlook for the half year to August has been overstated by £250m.
Monday 22 September 2014
Banks in Britain, Germany, Swe­den and the Netherlands are preparing for another legal battle over bon­uses, as the European Banking Auth­ority (EBA) considers banning them from paying fixed allowances to staff.
Monday 22 September 2014
The Royal Mint is hoping to lure retail investors looking to buy into gold or silver with a trading website that it hopes will tap into demand for the precious metals.
Monday 22 September 2014
Ed Balls will set out Labour’s stall on the economy today in a headline speech at the party’s annual conference in Manchester.
Monday 22 September 2014
DOWNING Street yesterday stepped into themiddle of the growing debate over devolution to reassure Scottish voters that the promise of further powers, made by David Cameron, will be delivered no matter what.
Monday 22 September 2014
Leading business organisations have warned that Labour’s minimum wage proposal risks turning the issue of low pay into a political football and threatening the economic recovery.
Monday 22 September 2014
DIGITAL advertising will help grow the global advertising market by 5.3 per cent this year, higher than the 3.9 per cent growth seen in 2013, according to research released today by ZenithOptimedia.
Monday 22 September 2014
Exclusive: Easygroup entrepreneur Sir Stelios today denied he was using his famous business name to exploit small investors buying shares in the new estate agency easyProperty.
Monday 22 September 2014
GERMAN industrial group Siemens is reportedly near an agreement to acquire US oilfield equipment manufacturer Dresser-Rand Group in an all-cash deal.
Monday 22 September 2014
HARRIS Aslam, an 18-year-old businessman who runs three convenience stores in Scotland, yesterday launched a bid to be the next chief executive of independent shop supplier Nisa Retail.
Monday 22 September 2014
LEADING British car insurance and roadside recovery firm AA is set to release the first set of results this week since its float, as a range of other firms are believed to be gearing up for IPOs in the months ahead.
Monday 22 September 2014
BROKER Cenkos has given every worker a slice of its revenues from the AA initial public offering (IPO), it emerged yesterday.
Monday 22 September 2014
GOVERNMENT advice to new pensioners should include guidance on getting the best tax deal, finance firm Zurich argued today.
Monday 22 September 2014
Transport for London is thought to be looking at making the most of disused underground stations by giving companies the chance to convert them for business use.
Monday 22 September 2014
FINANCE ministers from around the world used this weekend’s G20 meeting in Australia to demand European officials act promptly to get the Eurozone economy back on track.
Monday 22 September 2014
ROLLING back the green belt and easing planning laws are needed to address the cost of living crisis, analysts at the Institute of Economic Affairs (IEA) argued today, hitting out at Labour’s plans to cap rents and set conditions on the type of ho
Monday 22 September 2014
MANUFACTURERS feel left out of the economic recovery and are today demanding politicians give the sector more support in their 2015 general election campaigns.
Monday 22 September 2014
BRITAIN’S largest mobile network operator EE is in talks to buy up to 60 Phones 4u stores following the retailer’s collapse into administration.
Monday 22 September 2014
Alibaba, the Chinese e-commerce giant which could hold the title of having the world’s biggest ever initial public offering after raising $21.8bn on Friday, has helped to boost Marks & Spencer’s (M&S) online clothing sales in China.
Christopher Bailey
Monday 22 September 2014
FTSE 100 companies have upped their game on Twitter according to social media agency Battenhall, sending out a total of 1.4 million tweets in the past year compared with 582,227 in 2013.
Monday 22 September 2014
LIVING close to a discount store such as Lidl can increase the price of your property by almost £30,000, according to research released today.
Monday 22 September 2014
INSURANCE COMPANY of the year Insurance is the one of the great success stories of the British financial services industry. Our insurers are powering ahead helping London to maintain its place as the centre of world finance.
Monday 22 September 2014
The shadow business secretary has been hailed as his party’s next big thing so many times the joke is starting to wear a little thin.
Monday 22 September 2014
BOEING has announced that has received its biggest order of planes from an African airline after Ethio­pian Airlines decided to purchase aircraft worth $2.1bn (£1.3bn).
Monday 22 September 2014
ENERGY innovator Red Rock Biofuels has been awarded a $70m (£43m) grant to construct a biomass-to-liquids (BTL) plant in Oregon incorporating Velocys Fischer-Tropsch technology.
Monday 22 September 2014
To appear in Best of the Brokers, email your research to notes@cityam.com
Monday 22 September 2014
THE FLOW of macroeconomic data will slowdown signifi­cantly over the coming week, with the key risk events moving towards the Eurozone.
Monday 22 September 2014
US STOCKS have been on a roll of late, with the S&P 500 hitting the latest in a series of records on Thursday, and investors expect the index’s momentum to soon carry it to – if not past – the 2,000 milestone.
David Cameron
Sunday 21 September 2014
The Prime Minister has moved to quell suggestions it won't deliver devolution as promised.
Lewis Hamilton singapore
Sunday 21 September 2014
After Lewis Hamilton battled his way to victory in the Singapore Grand Prix, what are the odds on his winning the Formula One Crown?
Jack Lew
Sunday 21 September 2014
The US and Canada have urged the EU to do more to boost its flagging economy as Europe suffers from low growth and disinflation. 
Arsenal
Sunday 21 September 2014
Arsenal Football Club has released its latest financial figures, revealing that the north London club's profit before tax for the year ended May 31, 2014 has dropped by £2m, from £6.7m a year ago to £4.7m now.  
Ed Miliband
Sunday 21 September 2014
Ed Miliband has promised an increase in the national minimum wage to £8 per hour should his party win at the next general election. The Labour leader has said it is "not good enough" that one in five people in the UK "are in low pay".

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