Analyst picks for 26 March 2012 March 26, 2012 CURRENCY STRATEGIST JOEL KRUGER My pick: Looking to buy euro-Swiss franc Expertise: Combining fundamental and technical analysis Average time frame of trades: 1 month to 3 months We don’t usually incorporate fundamentals into our trade ideas, but it’s hard to ignore the Swiss National Bank’s SFr1.2000 floor. Still, the market is technically in the process [...]
A verdant land of high gastronomy March 26, 2012 The Greenhouse 27a Hay’s Mews, W1 W1J 5NY, tel: 020 7499 3331 www.greenhouserestaurant.co.uk FOOD **** SERVICE ***** ATMOSPHERE **** Cost per person without wine: £90 LONDON is abuzz with noisy, no-reservations joints, opening in droves in Soho. The best barbeque in town, the best burger in town, the best ceviche in town…but you’ll have to [...]
EPISODE 50 – A sudden end, but the cheque’s in the post March 26, 2012 DEAR Cicely, I am writing to inform you that I will not be attending our scheduled session tomorrow. I might have attended, or called, to inform you of my decision but frankly, I felt you might encourage me to reconsider. And I don’t wish to do that. My apologies for the abrupt decision and my [...]
And now…auf wiedersehen March 26, 2012 HEAD SOMMELIER AND MANAGER OF LUTYENS RESTAURANT ANDREW CONNOR THIS will be my last column for City A.M. I’d like to thank you all for reading over the last eight months. My wife and I have recently had our first child and we’d like him to spend some time with his German relatives, so I [...]
FOOD & BOOZE NEWS March 26, 2012 ● One of the most iconic teas in the world, The Ritz’s afternoon cake fest in the Palm Court has just been relaunched with a twist: the smoked salmon sandwich is enhanced with lemon-infused butter between freshly baked rye bread; cheddar is served with chutney on sticky onion bread. Raspberry and rosewater macaroons; chocolate and [...]
Fuel tanker drivers vote for strike March 26, 2012 Fuel tanker drivers have voted in favour of taking strike action raising the prospect of troops delivering fuel to petrol stations. The strike ballot over terms and conditions was held by the Unite union. The government is holding a meeting with fuel delivery companies and supermarkets to work out a strategy to deal with any [...]
Mobile banking firm Monitise buys US rival for £108m March 26, 2012 UK mobile banking technology firm Monitise has agreed to buy privately held US rival Clairmail for $173m (£108m), expanding its reach on the key North American market. In the UK the firm currently provides mobile banking applications for customers of Natwest, Lloyds TSB, Royal Bank of Scotland and HSBC. After the deal Monitise will reach [...]
Game plunges into administration March 26, 2012 Struggling video games retailer Game said on Monday it has entered administration, becoming the latest household name to fall by the wayside in the consumer downturn. The firm, which employs 10,000 staff in 1,270 stores in nine European countries and Australia, said it has appointed PwC as its administrator after failing to find a buyer [...]
FSA fines Coutts £8.7m March 26, 2012 THE Financial Services Authority (FSA) regulator has fined Coutts – the exclusive private bank owned by Royal Bank of Scotland – £8.75m for failings in its anti-money laundering controls systems. In October 2010, the FSA visited Coutts – whose chief executive is Rory Tapner as part of its thematic review into banks’ management of high money-laundering [...]
Energy stocks lift FTSE March 26, 2012 Energy stocks gave the FTSE 100 index renewed impetus in early trading but gains were limited by weaker miners and banks. Fears over China’s growth are still casting a shadow over commodity stocks while banks are still struggling to maintain upward momentum. Aberdeen Asset Management was the top riser, up 2.4 per cent as the [...]
