FTSE ends lower as retailers reveal a miserable Christmas January 12, 2012 BRITAIN’S leading shares fell yesterday after a profit warning from Tesco triggered sharp falls in retailers and eclipsed a lift for banks from a successful Spanish debt auction and restructuring at RBS. The FTSE 100 index closed down 8.40 points, or 0.2 per cent, at 5,662.42, once again missing out in a tilt at the [...]
Wall St sees gains for the fourth day January 12, 2012 THE S&P 500 closed at a five-month high for the third day on yesterday but had difficulty extending gains in the face of lackluster economic data and another European bond market test. Energy shares curbed gains after Chevron, the second-largest US oil company, said fourth-quarter profit would be far below the previous quarter. Chevron slid [...]
Tesco’s marketing strategy needs a new broom in 2012 to sweep away its Clubcard January 12, 2012 THESE were bad figures, Tesco can’t get away from that. Britain’s biggest retailer reported its worst Christmas sales performance for decades on Thursday and warned it would see minimal profit growth next year. Down 1.3 per cent like-for-like (including VAT) in the UK was much worse than any other figures we’ve had from the major [...]
Romney seeks a third victory to gain nomination January 12, 2012 IT MAY pain the political class, but Mitt Romney deserves some credit. He has now accomplished what Reagan, both Bushes, Dole, and McCain all failed to do – win both Iowa and New Hampshire. Romney now finds himself heading to South Carolina searching for an unprecedented hat-trick. Although surrounded by loyal supporters, Romney’s victory remarks [...]
RAPID RESPONSES January 12, 2012 Back to school As a business studies teacher of many years standing, I read David Rutley’s column [Our schools must be open to business so we can have a bright economic future, Wednesday] with much interest. I agree wholeheartedly and believe much more should be done in order to promote the subject at school level. [...]
FOCUS ON: CHORLEYWOOD, HERTS January 12, 2012 THE COURT HOUSE, CHENIES Price: £2.15m Constructed in 1897, the house retains many of the original period features, including attractive fireplaces, parquet flooring to the principal rooms and sash windows to the drawing room and dining room. Contact Knight Frank on 01494 675368 WOODSIDE HOUSE Price: £1.35m Dating back to the mid 1800s, this house [...]
SELL January 12, 2012 MANAGING DIRECTOR OF KAY & CO, CENTRAL LONDON ESTATE AGENCY Q. Should I buy a one bedroom flat in a better location, or go for a larger flat in a less sought after location? Is square footage or location king for investment? A. Statistically, in the long run, properties in more sought after locations will [...]
PROPERTY NEWS January 12, 2012 NEW KINLEIGH FOLKARD & HAYWARD OFFICE Kinleigh Folkard & Hayward has opened a new branch in Borough. Borough as an area has been identified within Kinleigh Folkard & Hayward’s strategic five year branch expansion plan. With over 50 branches across London, 11 of which are located in the South East region, the new branch will [...]
NEED TO KNOW | AREA INSIGHT January 12, 2012 COMMUTING: Chorleywood station is in Zone 7 on the Metropolitan line, situated between Chalfont and Latimer and Rickmansworth. The majority of trains passing through Chorleywood are operated by London Underground, but the station is also a stop for Chiltern Railways, running between Marylebone and Aylesbury stations. EDUCATION: There are a great selection of local schools, [...]
THE LONDON BAROMETER January 12, 2012 Despite the economic and political turmoil December was a surprisingly busy month for sales at D&G and remarkably one of the best of the year. Looking back at 2011, pundits predicted modest falls worrying about the wider economy. The first half included The Royal Wedding and started slowly, but overall the year surprised everyone with [...]
