Skype your GP if you can’t get an appointment, says Cameron April 14, 2014 MILLIONS of people across the UK will soon be able to Skype or text their GP if they can’t get an appointment, the Prime Minister is set to announce today. A £50m pilot scheme has been extended to help people get access to their doctor via phone, text or over the internet. The plans were [...]
Clegg takes on gender divide April 14, 2014 DEPUTY Prime Minister Nick Clegg will host a seminar on the gender pay gap today, in a bid to narrow it. According to figures cited by the Lib Dems from the ONS, the gulf between what men and women earn in the UK is 19.7 per cent on average, compared to 25 per cent 10 [...]
Offsetting risk while taking on the big players April 14, 2014 The boss of London’s new derivatives exchange tells Elizabeth Fournier why competition is the key to success THE WORLD of derivatives is riddled with acronyms. From OTC (over-the-counter) trades to the Mifid (markets in financial instruments directive) regulations trickling down from Europe, securities trading is a hotbed of impenetrable codes that can make talking to [...]
UN says shale gas can combat climate change April 14, 2014 SHALE gas could help beat global climate change, according to a new UN study that warned greenhouse gas emissions have risen to unprecedented levels. The report by the Intergovernmental Panel on Climate Change (IPCC) said that global mean temperatures would increase by three to five degrees by the end of the century unless there was [...]
Lawyers warn mid-tier European firms will be hit by reporting vote April 14, 2014 A CRUCIAL decision on non-financial reporting rules risks creating confusion and an uneven playing field across Europe, lawyers have warned. The European Commission is due to vote this week on changes to EU law that governs how non financial firms update investors, introducing mandatory reporting standards for all companies employing more than 500 staff. Though [...]
City Moves for 14 April 2014 | Who’s switching jobs April 14, 2014 Bishopsgate Financial The financial sector consultancy has announced the appointment of Adam Crawford as a director. He left the Royal Marines in 2012, and has since worked at Oppenheimer and as a freelance consultant for Saab Group. Close Brothers Asset Management The asset management company has hired Amy Lazenby as an investor director and lead [...]
Best of the Brokers for 14 April 2014 April 14, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com RIO TINTO UBS thinks the mining group is a “buy” and has a target price of £40 ahead of a production update tomorrow. The broker thinks iron ore output will be eight per cent down on the previous quarter, due to tough weather [...]
London Report: Cheer for UK as real pay up and inflation falling April 14, 2014 BRITAIN’S economy is set to put the recession firmly behind this week with news of the first real wage growth in four years and falling unemployment. Inflation and unemployment data are expected to show wage growth in March beating inflation. Capital Economics’ Paul Hollingsworth said: “The latest earnings data should show that the squeeze on [...]
Wall St The Week Ahead: Biotech stocks slide likely to hit US earnings April 14, 2014 THE wrenching selloff in US high-growth technology and biotech shares could leave investors braced for more than a minor pullback when earnings pick up speed this week. First-quarter earnings estimates have fallen sharply as many companies have blamed the brutal winter for weak outlooks. With high-valuation stocks under pressure, earnings could be subjected to even [...]
Trade’s influence on the two Koreas in one dramatic map April 11, 2014 If you had to pick one development of the 20th century that contributed most to human progress, what would it be? Don't rush to say the internet. While it may have improved communications, its first incarnations offered just marginal improvements over the telegram. If you want to choose something truly remarkable – that has seen [...]