News

COMMENT

Thursday 23 October 2014
DAVID Cameron will put pressure on European leaders to do more to fight the spread of the deadly Ebola virus at a meeting of EU member states in Brussels today.
Thursday 23 October 2014
A COOLING housing market, low inflation, and a troubled Eurozone made for more dovish tones at this months meeting of the monetary policy committee.
Thursday 23 October 2014
US CONSUMER prices rose margin­ally in September, painting a weak inflation picture that should give the Federal Reserve ample room to keep interest rates low for a while.
Thursday 23 October 2014
LLOYDS Bank is planning to cut another 9,000 jobs, on top of the 15,000 the lender has chopped since 2011, it emerged last night. The new round of cost cutting will hit another 10 per cent of the workforce, according to Sky News.
Thursday 23 October 2014
She is the former PA who has risen to a key role in the boardroom of one of Europe’s biggest football clubs, and now Marina Granovskaia’s influence at Chelsea is about to grow even further.
Thursday 23 October 2014
EX-CITY regulator the Financial Services Authority (FSA) should be probed as part of the investigation into the near-collapse of the Co-op Bank and the failed attempt to sell it TSB, MPs said in a report today.
Thursday 23 October 2014
HOME Retail Group said yesterday it planned to shut a quarter of Home­base’s 323 branches, blaming excess retail space and the rise of a generation that had fallen out of love with DIY.
Thursday 23 October 2014
The number of staff per store on the high street slumped to a record low in the third quarter of the year, as troubled supermarkets overhauled their management structures to reverse sliding sales.
Thursday 23 October 2014
HSBC and First Trust Bank broke competition rules by wrongly indicating that small businesses had to have an account with them if they wanted a loan, the Competition and Markets Authority (CMA) said yesterday.
Thursday 23 October 2014
Euan Sutherland looked relaxed and rested yesterday as he announced his new role as chief executive of high street fashion retailer SuperGroup.
Thursday 23 October 2014
DON’T panic, as the cover of the Hitchhiker’s Guide to the Galaxy by the late Douglas Adams exhorted.
Thursday 23 October 2014
Challenger bank Metro lost £9.4m in the third quarter, improving on the £11.4m loss in the same period of 2013.
Thursday 23 October 2014
SWEDISH lender Handelsbanken grew its loan book to £13.3bn in the third quarter, its financial results showed yesterday. The group is on track to open its 180th branch in the UK, as it rolls out its localised model of lending.
Thursday 23 October 2014
PUB CHAIN Spirit Pubs, currently the £723.3m takeover target of rival Greene King, yesterday reported its full-year profit grew 11 per cent due to strong growth in its managed pub division.
Thursday 23 October 2014
OIL FIRM Total has named two successors for its chief executive and chairman Christophe de Margerie, who died in a plane crash in Moscow on Monday night.
Thursday 23 October 2014
Battersea Power Station yester­day unveiled the look of its Foster and Partners designed roof gar­dens, ahead of the third phase of the closely watched project.
Thursday 23 October 2014
Britain's biggest mobile operator, EE, saw its 4G customer base grow by 1.4m during the third quarter to 5.6m total subscribers.
Thursday 23 October 2014
US PHARMA giant Johnson & Johnson announced today that it would begin human trials of its Ebola vaccine in January.
Thursday 23 October 2014
CAMBRIDGE-based carrier billings startup Bango has signed a deal with Samsung to preload its software on the South Korean tech giant’s smartphones, letting consumers charge games, music and videos directly from their mobile phone bills.
Thursday 23 October 2014
Rakuten, the Japanese e-commerce giant and owner of messaging app Viber and Play.com, has launched an own-brand UK online market­place similar to Ebay, which it says will subsume Play.com early next year.
Thursday 23 October 2014
AMERICAN media group Cision yesterday snapped up British PR data company Gorkana in a deal estimated to be worth £200m.
Thursday 23 October 2014
MARKETING and events group UBM said it is on track to hit targets on an underlying basis after performing well in its third quarter to 30 September.
Thursday 23 October 2014
PRIME London house prices will stay flat until the end of year, estate agent Marsh & Parsons (M&P) said today. Prices grew by just 0.5 per cent over the past three months.
Thursday 23 October 2014
THE CONSTRUCTION sector is continuing to pick up momentum, with workloads rising at their quickest rate for 20 years, new survey data shows today.
Thursday 23 October 2014
UK HOUSE building has hit its highest level for seven years, but there is still a “chronic shortage” of housing, a leading home warranty provider said today.
Thursday 23 October 2014
LEADING property company Development Securities yesterday posted a decline in pre-tax profit for the half year to the end of August, after its was hit by exceptional costs.
Thursday 23 October 2014
CONTRACTOR Galliford Try yesterday announced it had been appointed to construct two building projects, totalling £77m, including the construction of council offices for Northampton­shire County Council.
Dave Lewis'
Thursday 23 October 2014
It's day 53 for Dave Lewis as chief executive of Tesco. Ordinarily, that might be a time for a new boss to pause for breath, but the fire­fighting engulfing him since his arrival looks like the first act of a much longer-term drama.
Thursday 23 October 2014
PRIVATE equity group CVC Capital Partners yesterday snapped up Finnish insulation group Paroc, in a €700m (£551.5m) deal. CVC beat off a host of other bidders in the hotly contested auction, which was handled by advisers from Lazard.
Thursday 23 October 2014
EUROPEAN Union renewable energy targets will cripple UK businesses and hit household finances significantly, says a report released today.
Thursday 23 October 2014
GERMAN fiscal stimulus would have a minimal impact on Eurozone growth, ratings agency Standard and Poors (S&P) have said.
Thursday 23 October 2014
TAXPAYER-financed student loans should be replaced by an agreement whereby graduates pay their univer­sity a proportion of their future earnings to fund their studies.
Thursday 23 October 2014
UK CAR manufacturers accelerated to their strongest first nine months of a year since 2008, data published this morning has shown.
Thursday 23 October 2014
GOLD mining company Petropavlovsk may have to sell more assets in a bid to cut costs, the company’s chairman Peter Hambro said yesterday.
Thursday 23 October 2014
To appear in Best of the Brokers, email your research to notes@cityam.com
Thursday 23 October 2014
BRITAIN’S top share index yesterday ended higher, with motor insurers advancing on news of an increase in car premiums and drugmaker Glaxo­Smith­Kline rising after its results.
Thursday 23 October 2014
US STOCKS erased earlier gains yesterday to close lower as a shooting at the Canadian parliament unnerved investors, Boeing and Biogen Idec sold off following results and energy company shares fell along with oil prices.
GSK
Wednesday 22 October 2014
ViiV Healthcare could generate one of the biggest IPOs in history, if GSK decides to go ahead and make it a spin-off company.  
Euan Sutherland
Wednesday 22 October 2014
Euan Sutherland is being given a golden handshake of almost 200,000 shares by SuperGroup, following his appointment to the role of chief executive earlier today.   
Lloyds
Wednesday 22 October 2014
Lloyds Banking Group is set to cut 9,000 jobs over the next three years, amounting to a loss of over ten per cent of its workforce.   
X and Y chromosomes
Wednesday 22 October 2014
In Europe, the average life expectancy of women is 7.5 years longer than of men, but the reason for this difference remains unknown.   
NFL
Wednesday 22 October 2014
Chancellor George Osborne has given his support to the idea of an American Football team in the capital, arguing it would be a “huge boost to London”.  
Wednesday 22 October 2014
The saga surrounding Raheem Sterling’s fatigue continues to rumble on.  
Job Interview
Wednesday 22 October 2014
You've finally found the perfect candidate for a job you're trying to fill – they have an excellent degree, lots of experience in the right professional area, and a personality that fits into your organisation.  
Marijuana
Wednesday 22 October 2014
The deep web black marketplace Silk Road, which was shut down last year, prevented violence associated with the illegal drug trade and represented a breakthrough in criminal innovation.
Mark Zuckerberg
Wednesday 22 October 2014
Facebook’s corporate tax bill for 2013 came in at just £3,169 last year, according to its latest accounts.
Tesco signage
Wednesday 22 October 2014
Tesco’s share price opened slightly higher this morning but then dipped 1.3 per cent after a two day rally.
British Airways plane
Wednesday 22 October 2014
Foodies and music fans will enjoy British Airways' latest efforts to make the experience of flying a little less painful.
ECB
Wednesday 22 October 2014
The European Banking Authority (EBA) is due to publish the results of its stress test on European banks on Sunday, but ahead of the official announcement a Spanish news agency has reported that 11 of the 123 banks tested have failed.

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