City workers brace for the big chill December 8, 2014 LONDONERS have been warned to brace themselves for freezing temperatures, raging winds and rain this week. The Met Office said today will be cold, with winds increasing during the day, followed by heavy rain overnight and more wet weather for two more days.
Skoda’s punchline: 1m car sales in a year December 8, 2014 CZECH car maker Skoda Auto, a unit of Volkswagen, will sell more than 1m cars in a year for the first time in its history, it said yesterday. The Czech Republic’s largest exporter said its January-November sales had already beaten the 2013 total, reaching 955,300 vehicles.
FTSE veteran shows off his aunt’s war bond December 8, 2014 This is an example of exactly what George Osborne hopes to rid the UK taxpayer of by next year – a 100-year-old war loan certificate. Rather aptly, the cert is owned by FTSE gilt indices veteran David Wilkie – having inherited it from his late aunt Alice. Nice piece of history.
Best of the Brokers for 09 December 2014 December 8, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com ARROW GLOBAL Shore Capital reiterated its “buy” rating. The broker said that the specialist loan portfolio acquisition company has had an action-packed last few months, and added that the investment case for owning Arrow shares has improved considerably over the course of the [...]
UK commodities suffer after new drop in oil price – London Report December 8, 2014 Britain’s top equity index retreated yesterday, with commodity stocks hurt by a new drop in the oil price and concerns about the pace of global economic growth, after disappointing data from China. The shares of energy services group Weir also slumped by 5.3 per cent after US-based brokerage Cowen & Company cut its price target [...]
Energy index and China data drag US stocks – New York Report December 8, 2014 THE S&P posted its biggest daily percentage drop since 22 October yesterday as oil’s slump to a five-year low caused a selloff in energy shares. Worries about global growth added to the bearish tone. Data showed China’s exports grew at a slower-than-expected pace and imports dropped in November, while Japan’s economy shrank more than expected [...]
Not convinced? December 8, 2014 CHECK OUT THESE ALTERNATIVES… BMW 325D SE PRICE: £30,575 0-62MPH: 6.8 secs TOP SPEED: 152mph CO2 G/KM: 129g/km MPG COMBINED: 57.6mpg THE VERDICT: DESIGN Three Stars PERFORMANCE Three Stars PRACTICALITY Four Stars VALUE FOR MONEY Three Stars INFINITI Q50 HYBRID PRICE: £39,995 0-62MPH: 5.1 secs TOP SPEED: 155mph CO2 G/KM: 144g/km MPG COMBINED: 45.6mpg THE VERDICT: DESIGN Two Stars [...]
Selfridges staff enjoy a Frozen Friday December 7, 2014 What’s the best way to prep your staff for a hard day of Christmas shopping chaos? Make them all sing Disney song sensation de jour “Let It Go” from Frozen, before the shop doors open, natch. That’s what Selfridges did on Friday – handing every staff member in the store a lyrics sheet and making [...]
Royal Mail begins trial of 3D printing service December 7, 2014 THE ROYAL Mail is embracing 3D printing technology today with a trial of the technology for consumers to buy ready-to-print items like phone cases and keyrings, or bring their own designs to be printed, which are then delivered by Royal Mail.
Christmas charity: Maggie’s gives vital support to cancer patients December 7, 2014 This Christmas, City A.M. is presenting five of its favourite charities to inspire readers' festive charitable giving – our third charity is Maggie's. Each year 300,000 people in the UK are diagnosed with cancer. What happens thereafter – the questions, the treatment, the hard decisions – not only affect the patient but also their nearest [...]