MAN FROM THE PRU IN SPOT OF PULP FRICTION May 20, 2010 SEASONED investors will be familiar with the mountain of paperwork that traditionally accompanies any City deal, but it does rather take the biscuit when recipients are actually forced to order waste-disposal skips in order to get the documents off their hands. Yet this, ladies and gents, is the position which stockbroker Charles Stanley finds itself, [...]
Eurozone debt fears weigh on FTSE as investors flee from risky asset classes May 20, 2010 MOUNTING fears on Eurozone debt and doubts about the global economic recovery sent investors fleeing from riskier assets, shoving Britain’s top share index 1.7 per cent lower by close yesterday. In a volatile session, the FTSE 100 ended down 84.95 points at 5,073.13, its lowest close since 5 February having fallen 2.8 per cent on [...]
Wall Street tumbles on banking reform despair May 20, 2010 US stocks sank nearly four per cent yesterday on growing fears the Eurozone’s efforts to tackle its sovereign debt crisis will fall short, jeopardizing the global economic recovery. Selling picked up speed late in the day and indexes closed around their session lows after the US Senate voted to end debate on the sweeping overhaul [...]
Make sure you use all of your options when it comes to pensions May 20, 2010 THE long-standing debate over whether those planning for retirement should pay as much as they can into their pension or make the most of their Isa allowance has taken on more significance of late due to changes that will affect both of the savings vehicles. Pensions are changing and higher earners will probably no longer [...]
A champion of British grub May 20, 2010 FOUNDING a restaurant would test the nerves of even the most hardened entrepreneur. Ensuring the food and décor are both delicious and attractive is one thing, but in London a new restaurant can sink or swim based on a review. Iqbal Wahhab, founder of Borough Market’s Roast, which opened in October 2005, swam, but not [...]
When you just can’t let go of your business May 20, 2010 ALL is not well at low cost airline easyJet. Sir Stelios Haji-Ioannou, its flamboyant founder, dramatically resigned from the board last Friday after clashing with the management team over its expansion plans. In the latest instalment of the saga, Haji-Ioannou, who floated the company in 2000 and now owns 38 per cent, has issued the [...]
Q&A: PAYE May 20, 2010 Q. I have recently started my business and I am in the process of hiring staff, what should I know about PAYE? A. Pay As You Earn (PAYE) is the way that HMRC collects income tax and national insurance. As an employer once you start hiring people you have a legal obligation to collect PAYE [...]
Stylish, affordable new homes for a brave green world May 20, 2010 THE UK is committed to ensuring that all new homes meet an ambitious zero-carbon standard by 2016. And with only a smattering of them in the country to date, there’s a long way to go. Indeed, Barry Morgan, of Morgan Restoration, an ardent eco-developer who has just installed solar panels on The Boatyard development overlooking [...]
Q&A: LETTING May 20, 2010 CEO OF ONLINE LETTINGS AGENT WWW.UPAD.CO.UK Q. I’ve heard I need planning permission to let a house to three people sharing. Can this really be true? A. As of 6 April, if property previously occupied by one household (family) is let to three or more unrelated sharers, forming two or more households, this will need [...]
FOCUS ON: WILLESDEN May 20, 2010 MANOR HOUSE DRIVE, NW6 Price: £2.8m You get peace, charm and space in this five bedroom family house on Manor House Drive in Brondesbury, not far from Queen’s Park. The best feature is the double reception room that has a large family dining area besides the separate dining room. Two of the bedrooms have en [...]
