US data shows housing uptick October 4, 2010 Pending sales of previously owned US homes rose to a four-month high in August, implying the housing market was regaining some stability after recent steep declines following the end of a home-buyer tax credit. Another report yesterday showed new orders received by domestic factories fell 0.5 per cent in August as demand for transportation equipment [...]
Mayer Brown transfers secretaries to TMF Group October 4, 2010 INTERNATIONAL law firm Mayer Brown has sold its UK corporate secretarial arm to outsourcing group, TMF. The move will see five secretaries, who work for the law firm’s corporate support unit in the City, transfer over to TMF at the end of the month. At Mayer Brown, the secretaries supported the firm’s corporate department by [...]
Warsaw stock exchange to launch IPO October 4, 2010 THE Warsaw stock exchange announced yesterday its plan to list on its own market offering a 64 per cent stake to private investors by the end of the year, in an offer valued at up to 1.3bn zlotys (£284.2m). The initial public offering (IPO) will target Polish investors and selected foreign institutional players. Poland aborted [...]
CITY MOVES | WHO’S SWITCHING JOBS October 4, 2010 Yell Group The company behind the Yellow Pages has appointed Tony Bates as chief financial officer, effective from 22 November. He will also take up the role of executive director from 1 November. Bates, 54, served as chief operating officer at Colt from 2002 until the end of July. Before this he was with record [...]
BEST OF THE BROKERS October 4, 2010 AHOLD RBS has lowered its target price, but still rates the food retailer a “buy” with a target of €11.80. The broker has cut earnings per share forecasts for 2010 to 2012 by four to six per cent, chiefly due to the recent strength of the euro against the dollar. It believes the departure of [...]
Get yourself ultimate fighting fit October 4, 2010 IT’S 48 hours since it finished, and I can just about pick up a pen now and my legs no longer feel like jelly… The reason for all this pain is a session of MMA, or mixed martial arts, a combination of Brazilian Jiu-Jitsu, Muay Thai kickboxing and Greco-Roman wrestling. MMA?is rapidly growing in popularity, [...]
If you’re feeling down, stop doing and start being October 4, 2010 RESEARCH published by Relate last week said that men are getting their mid-life crisis earlier than ever, and that men aged 35-44 are the least happy people. The numbers are chilling. Twenty-one per cent say they feel lonely a lot of the time; 22 per cent wanted a better relationship with their family; 30 per [...]
Queen of cakes gives tea a twist October 4, 2010 I ACTUALLY wanted to be a musician,” says Claire Clark. Unfortunately, her flute and violin playing wasn’t up to scratch. Happily for us, it meant she became the world’s best female patissiere, soon to open up a decadent cake shop – think champagne and chaises longues – in London. “My mother cooked everything,” says Clark, [...]
RESTAURANT REVIEW October 4, 2010 Tortilla 28 Leadenhall Market, EC3V 1LR Tel: 020 7929 7837 FOOD SERVICE ATMOSPHERE Cost per person without wine: £8 IF you go down to Leadenhall Market today at about one o’clock, round towards the bottom of the Lloyds building, you’ll see a big, big queue. It only opened a few weeks ago, but already Tortilla [...]
Alliance Boots to cut 900 jobs October 4, 2010 Alliance Boots has announced plans to cut 900 non-retail jobs as part of a programme to save £56m. The cuts will be made mainly at the firm’s health and beauty division Nottingham. The firm said the cuts will not hit staff in shops and will be made through staff turnover where possible. Alex Gourlay, chief [...]
