News

COMMENT

Monday 27 October 2014
A RELIABLE, high speed broadband connection is an increasingly important factor for potential property buyers and renters.
Monday 27 October 2014
INVESTMENT company Armadale Cap­ital has revealed that its Mpokoto Gold Project in the Democratic Republic of Congo has increased in post-tax value by 68 per cent to $55.3m (£38.4m).
Monday 27 October 2014
Oil firm Ophir Energy is preparing a takeover bid for London-listed Salamander Energy, in competition with Spanish energy company Cepsa. The offers could value Salamander at more than £275m.
Monday 27 October 2014
ENERGY secretary Ed Davey advised households that they could save £200 on average by choosing a new energy tariff due to increased competition in the market.
Monday 27 October 2014
To appear in Best of the Brokers, email your research to notes@cityam.com
Monday 27 October 2014
THIS WEEK sees a number of banks reporting, with four of the UK’s five biggest lenders due to reveal third-quarter results.
Monday 27 October 2014
UNLESS it springs a major surprise, the US Federal Reserve will call time this week on its programme of government bond purchases, which at one point was pumping $85bn (£52.83bn) a month into financial markets and the economy.
Sunday 26 October 2014
Both the Prime Minister and the chancellor will back plans for a high-speed rail line in the North of England dubbed HS3.
Sunday 26 October 2014
The good times keep on rolling for Nigel Farage's Eurosceptic party, with a new Opinium/Observer poll showing 31 per cent of voters would be willing to back Ukip if they thought they had a decent chance of winning in their constituency.
Tesco
Sunday 26 October 2014
The number of UK-listed firms issuing profit warnings has risen to its highest summer level since 2008, according to a report by consultancy firm EY.  
Michael Fallon
Sunday 26 October 2014
Conservative cabinet minister Michael Fallon has said some towns on the east coast of England feel they are "under siege" and "swamped" by migrant workers.
Bank of England
Sunday 26 October 2014
A senior Bank of England (BoE) policymaker has said the UK should begin raising interest rates now, despite low inflation.   
Asda
Sunday 26 October 2014
Thousands of female shop floor workers are taking legal action against Asda over pay inequality.  
EU
Sunday 26 October 2014
UK banks have passed the stress tests carried out by the European Banking Authority (EBA) and European Central Bank (ECB), but a number of others have failed and must plug a gap of €24.6bn within nine months.   
UK troops in Afghanistan
Sunday 26 October 2014
Control of the last British military base in Afghanistan has been handed over to Afghan security forces, representing the end of British military combat in the country.   
Rugby World Cup
Saturday 25 October 2014
Thousands of rugby fans were delivered the disappointing news today that they have missed out on Rugby World Cup 2015 tickets.  
Big Ben
Saturday 25 October 2014
British Summer Time (BST) officially comes to an end tomorrow.  
Ebola
Saturday 25 October 2014
There have been over 10,000 cases of the Ebola outbreak and nearly 5,000 deaths, the World Health Organization (WHO) has confirmed in its latest situation report update.  
EU budget
Saturday 25 October 2014
David Cameron appeared as shocked as the rest of us by the news that the European Commission has charged the UK with a whopping €2.1bn (£1.7bn) bill.  
Alan Eustace
Saturday 25 October 2014
A 57-year-old Google executive has broken the world altitude record with a parachute jump from the top of the stratosphere.  
Mike Ashley
Saturday 25 October 2014
Glasgow Rangers' share price tumbled this afternoon on the news that director Philip Nash quit, three weeks after Mike Ashley called for his removal.   
London Mining
Friday 24 October 2014
 London Mining, which entered administration last week, has sold its Marampa mine to Timis Corporation.   
edreams
Friday 24 October 2014
Shares in travel website eDreams Odigeo have been suspended from trading by a Spanish regulator after they plummeted 59.1 per cent in a single day.
Tesco empire
Friday 24 October 2014
What a week. From troubles at Tesco (not least its share price) to Facebook's UK tax bill, we've had a busy front on company news.  
Michael O'Leary
Friday 24 October 2014
Ryanair chief executive Michael O'Leary might wind up some of his customers, but the board clearly love what he's doing for the budget airline.   
Friday 24 October 2014
Yesterday, the Hailo taxi app had its day in the sun unveiling two new features; Pay Hailo and Hailo Hub.
Diamond
Friday 24 October 2014
Petra Diamonds' share price lost its sparkle this afternoon after announcing it had sold its latest white diamond from the Cullinan mine at more than $15.2m (£9.4m).   
Tesco
Friday 24 October 2014
Standard & Poor's became the final major credit ratings agency to downgrade Tesco today, when it lowered the supermarket's long-term rating from BBB to BBB-.
Ebola suit
Friday 24 October 2014
Lakeland Industries, the New York-based company which manufactures protective suits used by those treating Ebola patients, has announced plans to raise $11.2m (£7m).
David Cameron
Friday 24 October 2014
David Cameron "won't be paying" the extra €2.1bn (£1.7bn) demanded by the EU, he said today. In a tweet, he said the extra contribution was "an appalling way to behave".
Chiquita banana
Friday 24 October 2014
Chiquita has finally told a pair of Brazilian companies their takeover just isn't a-peeling enough for it to give up on its Fyffes bid.
Hospital quarantine for Ebola
Friday 24 October 2014
More than one billion dollars is needed to fight the Ebola epidemic in Africa the UN has calculated.
Shire
Friday 24 October 2014
Shire's share price soared this afternoon after the British pharma group posted strong quarterly results, increasing its full year guidance to “the high 30 per cent range”.   
Amazon Fire
Friday 24 October 2014
Poor sales of the Fire Phone are taking their toll on Amazon's business.  
Mad Men
Friday 24 October 2014
The broadcaster behind The Walking Dead and Mad Men has acquired a 49.9 per cent stake in BBC America. 
Pets at Home
Friday 24 October 2014
A scratch behind the ears and a doggy biscuit for newly-listed Pets at Home, which today reported a 4.2 per cent rise in first-half sales, pushing its shares up almost three per cent in mid-morning trading.
Tesco
Friday 24 October 2014
After a devastating few days for Tesco, it would be understandable if the supermarket’s head honchos woke up this morning thinking things couldn’t get much worse.  
Cranes in London
Friday 24 October 2014
The UK's GDP growth fell to 0.7 per cent in the third quarter of 2014, figures released by the Office for National Statistics this morning showed.
Friday 24 October 2014
New York City doctor Craig Spencer, who has tested positive for Ebola after returning from Guinea, took a ride in an Uber cab and used the subway on Thursday before developing symptoms of the disease.
Janet Yellen
Friday 24 October 2014
Hear ye, hear ye, financial wordsmiths - the 12th edition of the Collins English Dictionary was out yesterday, and with it 50,000 new words to add to your Scrabble repertoire.
FT newspaper
Friday 24 October 2014
Pearson's share price dropped two per cent this morning after it said it's losing its long-serving finance man, Robin Freestone, who is departing the publisher after 10 years.
Friday 24 October 2014
Shares in TSB jumped 3.2 per cent this morning, after it published figures showing profits had soared 28.8 per cent to £33.1m in the three months to 30 September as it picked up nearly one in 10 new current accounts in the UK.
Friday 24 October 2014
David Cameron was dealt a crushing blow in his battle to win reform in Europe last night, after the UK was told to stump up an extra €2bn (£1.57bn) by 1 December to shore up the EU budget.
Friday 24 October 2014
TESCO could be forced to scrap its dividend and sell chunks of its global empire, after its credit rating was downgraded to one notch above junk, driving up the cost of borrowing and underlining its dire financial plight.
David Green
Friday 24 October 2014
The City fraud squad yesterday asked for a 75 per cent increase in funding next year to help it pursue a range of financial probes, including its investigation into alleged Libor rigging.
Friday 24 October 2014
LOCAL businesswoman Kelly Tolhurst will fight Ukip to hold on to the Rochester and Strood seat for the Conservatives in the upcoming by-election, it was announced last night.
Friday 24 October 2014
It’s that time of year, after all, and the eagerly-awaited Selfridges’ window displays in London’s Oxford Street revealed a theme of story-telling, including Sleeping Beauty, for the Yuletide season.
Friday 24 October 2014
SHARES in online giant Amazon fell sharply last night after the retailer announced a $437m loss in the third quarter, much higher than the $41m loss it reported for the same period a year before.
Friday 24 October 2014
SPIRIT Pub Company has rejected a takeover bid from Magners maker C&C Group, it emerged last night. It will instead move forward in a deal with rival Greene King.

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