Our panel: surge in support for Nick Clegg is here to stay April 21, 2010 THERE has been a significant increase in support for the Liberal Democrats on our panel of City workers. The City A.M./PHI Panel, which has been specially recruited with PoliticsHome.com to represent a cross-section of London’s financial and business community, were asked if they were likely to vote Lib Dem. Almost a third of panellists said [...]
CITY VIEWS: WHO DO YOU THINK IS GOING TO WIN THE GENERAL ELECTION? April 21, 2010 BRIAN JEROME | D & D LEASING “I think Gordon Brown is going to win. While I don’t support the Labour party, I think people will go with what might provide the most stability. It’s going to be a close election.” CHRIS CROSSLEY | colt technical services “I think there will be a hung parliament. [...]
HUNG PARLIAMENT April 21, 2010 Q. what do mps mean when they talk about a ‘hung parliament’? A. A hung parliament occurs when no party has an overall majority.?There are 650 seats up for grabs in the next House of Commons, meaning the winner of the election will need to have 326 seats to command an overall majority. If they [...]
GOLDMAN AND GORDON HAVE SEEN BETTER DAYS April 21, 2010 GORDON Brown’s savage attack on Goldman Sachs for being “morally bankrupt” must have come as a surprise to those who can recall a time when the Prime Minister’s attitude to the bank was rather different. BGC’s veteran market commentator David Buik yesterday reminisced about a fundraising gala dinner he attended years ago in aid of [...]
ELECTION2010 April 21, 2010 IMF hurts Brown with forecast The International Monetary Fund yesterday slashed its 2011 UK growth forecast, delivering a pre-election blow to the government. The Washington-based fund cut its growth forecast for next year from 2.7 per cent to 2.5 per cent. It maintained its 2010 forecast. Its forecast is signficantly lower than that of chancellor [...]
CITY EYE April 21, 2010 JUBILATION reigned in the City yesterday as an airborne passenger jet streaked through the skies, a sight which has become all too rare over the past week
London office rents set to boom in 2010 April 21, 2010 COMMERCIAL property surveyors expect rents for London offices to shoot up in the second quarter of 2010 as space in the capital continues to decline. Commercial property rents will rise at the fastest rate in two years, surveyors predicted yesterday in a Royal Institution of Chartered Surveyors (RICS) report, confirming signs that the property market [...]
Calvert in battle over payback April 21, 2010 JAILED Cazenove partner Malcolm Calvert will learn his financial fate this week as lawyers prepare to battle in court over how much the convicted banker will pay back to the government for his illegal activity. The Southwark Crown Court will decide what proportion of the £103,883 in profits the Financial Services Authority (FSA) said Calvert [...]
Northern Rock director quits over FSA probe April 21, 2010 Northern Rock’s finance director quit yesterday after becoming the focus of a Financial Services Authority (FSA) probe. The watchdog is investigating allegations David Jones was aware of a deal struck between executives to hide almost 2,000 problem loans from investors. The FSA confirmed he is the subject of an investigation. Jones was the last surviving [...]
Sky ready for round one with Ofcom April 21, 2010 SKY and Ofcom will tomorrow begin what promises to be a long and tortuous legal battle over the future of pay TV. Sky will appear before the Competition Appeal Tribunal to request a stay of implementation on Ofcom’s new rules forcing the broadcaster to slash the prices it can charge rivals for Premier League football. [...]
