City Moves for 09 January 2015 | Who’s switching jobs January 8, 2015 Savills Matt McCue has been appointed out of town retail director at the real estate services provider. He has over 17 years’ experience in the industry, and joins from CBRE. He will continue to work with both landlord and retail clients at Savills. BNY Mellon The investment company’s wealth management business has appointed Yolande Escher [...]
Best of the Brokers for 09 January 2015 January 8, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com LANCASHIRE HOLDINGS Westhouse Securities reiterated its “add” rating. The broker stated that the company “may well be an M&A target”, although it warned that if interest rates rise rapidly profits will be impaired short term due to unrealised losses on bond portfolios. Target [...]
Tesco soars as M&S suffers a slump on buoyant trading – London Report January 8, 2015 LONDON’S shares rallied strongly yesterday, amid a broad-based global equities rally, with supermarkets topping the FTSE 100 gainers after Tesco outlined plans to try to revive its fortunes. The FTSE 100 closed up 2.3 per cent at 6,569.96. Tesco was the best-performing stock on the FTSE 100, closing up 15 per cent at 209.25p. The [...]
Dow jumps up by 323 points – New York Report January 8, 2015 US MARKETS ended yesterday with the largest advance in three weeks, as two days of steady oil prices along with doveish comments by a Federal Reserve member helped further to fuel a buying frenzy begun on Wednesday. The Dow Jones Industrial Average jumped 323.35 points, or 1.8 per cent, to 17,907.87. The S&P 500 added [...]
The time-saving solutions you need this year: The Pomodoro Technique and the OHIO method January 8, 2015 How many of us tagged “be more productive” on the end of our New Year’s resolutions list? “I’ll start exercising three times a week, find a new job, oh, and try to work more efficiently.” The reality is, according to statistics from the University of Scranton, that a meagre 8 per cent of us [...]
General Election 2015: Miliband, Farage and Clegg accuse Cameron of “running scared” from televised leader debates after refusing to appear without Green Party January 8, 2015 Rival political parties have accused David Cameron of “running scared” from the televised debates ahead of the General Election, after he said he wouldn't take part in them unless the Green Party were also included. The Prime Minister made the comments after draft guidelines were made by Ofcom about who should appear. The report said [...]
Lidl is selling kilts for Burns Night in its latest Scottish inspired clothing range January 8, 2015 Fancy picking up a kilt for Burns night with your weekly shop? Now you can thanks to Lidl with its latest range inspired by the Highlands. The German discounter is rolling out a line of traditional Scottish clothing across its UK stores after a successful trial in Scotland which sold out within days. Whether there's [...]
Rangers: A Phoenix Suns fan explains why Robert Sarver is “better than most” sports team owners January 8, 2015 Robert Sarver, the American financier and owner of the Phoenix Suns basketball franchise, is firmly set on a takeover of Rangers. The 53-year-old has now made two attempts to buy the Scottish football giant, after upping his original £18m bid by £2m as well as offering £6.5m as a short-term loan for emergency [...]
London Underground’s getting a new source of power that will save the capital money as well as reducing carbon emissions January 8, 2015 The London Underground will soon be powered by a new energy source that will help London save money in addition to cutting pollution in the capital. The 100-year-old Greenwich Power Station will be revamped so it can generate low carbon energy to power the Tube network bringing what Boris Johnson called a “cathedral of power” [...]
SpaceX launch Q&A: Expert explains the science behind landing a reusable rocket January 8, 2015 Tomorrow morning at 10:09am, SpaceX will launch its Falcon 9 rocket towards the International Space Station (ISS). Once far enough into space, the rocket will release its Dragon cargo and gradually turn around to go back on itself. Then, for the first time ever, scientists will try to land a rocket on Earth. [...]