Why Gatwick Airport’s new chief has Heathrow lined up in his sights October 10, 2010 SOME people need to have a lot on their plates if they are to thrive – and Stewart Wingate, Gatwick’s newish boss, is clearly one of these. The 39-year-old took up his post last December when the airport was bought by US investment fund Global Infrastructure Partners (GIP) for £1.5bn from Ferrovial-owned airports operator BAA, which [...]
INSIDE THE MISCHIEVOUS MIND OF A FIXED INCOME BONDS ANALYST October 10, 2010 EVER wondered about the fantasies of a bonds analyst? Well, no, we can’t say we did either, until Evolution Securities’ Gary Jenkins decided to bare all in his column for Credit Matters. Fresh from his promotion to head of fixed income, Jenkins’ megalomaniacal ambitions know no limit: he imagines himself in a new role as [...]
BILL OF THE WEEK October 10, 2010 What better way for a bunch of flashy advertising executives to while away a Sunday evening than knocking back Mad Men themed cocktails at the exclusive, members-only Bureau Club in Soho. The lucky ad men expressed their approval for the fuller figured woman, enjoyed a dozen sultry Miss Holloways compared to a paltry two Darling [...]
Inflation figures set to increase market activity October 10, 2010 THE POSITIVE reaction in the US stock market to Friday’s disappointing non-farm payroll report should underpin this week’s European open. GFT expects the FTSE 100 index to start 7 points higher, at 5664, with similar modest gains for the German DAX 30, up 4 points to 6295, and the French CAC 40, up 5 points [...]
Darkening jobs outlook won’t hit recruitment firms equally October 10, 2010 DARK clouds have been gathering on the employment horizon for some time and the outlook for the UK jobs market has been getting steadily gloomier. Last week, a survey conducted by the Recruitment and Employment Confederation (REC) and KPMG warned of a double-dip in the jobs market and said employment had flatlined. This week, official [...]
Money flows for the mining sector October 10, 2010 AS the market waits for the Fed to make up its mind on further quantitative easing, money looks sure to keep pouring out of the dollar and into commodities. This boom, averaging 20 to 30 per cent since July, has significantly boosted the mining sector, which was doing pretty well already thanks to growing emerging [...]
THE TIPSTER October 10, 2010 NEWS of Thomas Cook’s merger with Co-op Travel will put the pressure on its peers in what is already a very competitive market. Further consolidation in the sector is tipped but we could see something of a land-grab get underway, especially given the market’s positive reaction to Thomas Cook’s share price. The current IG Index [...]
TECHNICAL ANALYSIS GURU October 10, 2010 CHIEF TECHNICAL ANALYST sandy.jadeja@cityindex.co.uk Q. Dear Sandy, should I buy gold at current price levels? A. Gold prices have certainly been in the headlines over the last few weeks. It’s no surprise that investors are interested in this commodity as its rise has been spectacular over the past year. In fact since 28 July the [...]
Autumn’s the time to see the Costa del Sol’s classier side October 10, 2010 IN THE 1960s, when the package holiday boom took off, the Costa del Sol’s image was forever tarnished. You think of it now as a land of fish and chips and lager, where bull-fighting has given way to the more consensual, but no less cruel, British sport of Holiday Endurance. Men test out how red [...]
TRAVEL NOTES October 10, 2010 Park Lane opulence meets artistic excellence For a London weekend mixing lavish glamour with a bit of high culture, the Dorchester Hotel’s Discover London package currently includes two tickets to the Royal Academy’s superb autumn exhibition, Treasures from Budapest. From £305 per night until 12 December. Call 020 7319 7147 or email reservations.uk@dorchestercollection.com Up, up [...]
