Savills revenues rise 27 per cent as London market stabilises August 6, 2015 Property services giant Savills reported a jump in revenues this morning, despite uncertainty during the run-up to the General Election. The figures Group revenues rose to £547m in the six months to the end of June, up 27 per cent from £430.8m during the same period last year. Profit before tax rose seven per cent to £26.4m, up from £24.7m last year. Meanwhile, underlying [...]
Oil price rallies on US inventory figures August 5, 2015 Finally, a bit of good news for oil investors: the black stuff was up almost $1 a barrel, or 1.92 per cent, in afternoon trading, after figures showed US inventories had declined for the second week in a row, while Saudi Arabia announced plans to raise prices – but only for its Asian customers . Brent [...]
Tumbleweed in the City: August is the quietest month for FTSE 100 trading volumes August 5, 2015 It's that time of year again: Tubes are emptier than usual, the pubs are fuller than usual, and social media feeds are curiously full of people enjoying cocktails in sunnier climes. Yep, August's silly season is upon us – and analysis of trading volumes by City A.M. shows just how quiet things are on the [...]
Lloyds, GSK and Vodafone: The 10 shares pension drawdown investors are buying up August 5, 2015 Four months after pension savers were given freedoms allowing them to withdraw their savings and invest it into other areas, they have yet to spend their pension pots on those Ferraris everyone was worried about when the freedoms were first announced. Or that's according to financial adviser Hargreaves Lansdown, anyway, which has listed the top [...]
Customer service, IT and sales: Companies are desperate to hire people in these seven roles in the second half of 2015 August 5, 2015 The number of UK businesses looking to hire full time, permanent staff over the next six months is a healthy-looking 45 per cent, new research has shown – suggesting UK employers are feeling cautiously optimistic about the immediate future. But what are the roles companies need the most? The research, on behalf of CareerBuilder.co.uk, found [...]
Suzanne Evans throws her hat into the ring as Ukip candidate for Mayor of London August 5, 2015 Ukip deputy chair Suzanne Evans has announced plans to run as the Ukip candidate for the Mayor of London. Evans, who quit her role as the party's policy chief after the election in May, announced her plans on Iain Dale's show on LBC London Radio. UKIP Deputy Chair Suzanne Evans has told LBC she will [...]
RBS share sale: Detractors have forgotten what a terrible state the bank was in August 4, 2015 Just a few years afterwards, it seems people have forgotten how momentous the financial crisis was – and in what a terrible state RBS was. And while criticism of the chancellor for pushing ahead with the first sale of the government’s shares in RBS is politically appealing for some and taxpayers will not ‘get back [...]
Royal Bank of Scotland share price dips as government raises £2bn through share sale August 4, 2015 Shares in Royal Bank of Scotland (RBS) were down 1.4 per cent at 332.7p in the first minutes of trading, after the government initiated its first major sale of shares since it took a stake in the bank in 2008. UK Financial Investments, the government's investment arm, said it had raised more than £2bn through [...]
Crystal Palace and West Ham win the house price Premier League August 3, 2015 As football supporters gear up to cheer on their teams when the Premier League kicks off this weekend, one contest has already been won: the house price Premier League – of which Crystal Palace are the winners, after prices in the area around Selhurst Park jumped 17 per cent over the 12 months to June, [...]
