Autumn Statement 2014: George Osborne prepares for battle ahead of crunch announcement December 2, 2014 George Osborne met military personnel yesterday ahead of the Autumn Statement, one of the most important fiscal announcements of his term in office. The chancellor is widely expected to have a crowd-pleasing announcement up his sleeve, following leaks this week about infrastructure spending, flood defences and housebuilding. Possible measures include stamp duty reform or raising [...]
Autumn Statement 2014 predictions: What to watch out for December 2, 2014 WHO: GEORGE OSBORNE WHEN: 12.30 TODAY WHERE: HOUSE OF COMMONS WHAT WE ALREADY KNOW £2bn cash injection for NHS The NHS will receive an extra £2bn in funding, £1.3bn from departmental savings and £700k from the existing health budget. There will also be a £15m dementia fund £2.3bn for flood defences Extra money for [...]
Black Friday sales record for John Lewis December 2, 2014 JOHN Lewis has recorded its best ever week of sales in its 150-year history thanks to shoppers rushing to snap up bargains on Black Friday last week. The department store sold one tablet every second and a Samsung 40-inch Smart TV every minute.
Big Budget’s little brother is here again… December 2, 2014 THIS YEAR he’s leaner, but will he be meaner? It’s time to find out as George Osborne delivers his Autumn Statement. But for those of you who enjoy the lighter side of the event, we’ve got the fun stuff here. How about a buzzword drinking game (tea or tequila, we don’t mind what you [...]
Lego’s tiny bricks are Frozen December 2, 2014 LEGO may have missed the boat last year when it came to capitalising on the mega success of Disney’s animated film Frozen, but they’re looking to change that in 2015. As such, they’ve revealed a Frozen-themed set. Containing 292 pieces, the Lego Elsa’s Sparkling Ice Palace includes Elsa, Anna and the snowman Olaf. It is [...]
Best of the Brokers for 03 December 2014 December 2, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com DE LA RUE Numis reiterated its “hold” rating, following first-half results that the broker described as “grim”. It also noted that challenging conditions for the firm’s currency division were to continue, while lower-than-expected new business had impacted the solutions division. ROLLS-ROYCE Cantor Fitzgerald [...]
FTSE rebounds as oil price rise boosts energy companies – London Report December 2, 2014 BRITAIN’S main equity index rebounded from a two-week low yesterday, led by energy shares, as oil prices rose from five-year lows. Energy stocks helped the FTSE 100 index to close 1.3 per cent higher at 6,742.10 points. It had fallen one per cent in the previous session to a two-week low, its steepest one-day drop [...]
Dow up as it hits new record – New York Report December 2, 2014 US SHARES rose yesterday as energy stocks led the S&P 500 and Dow, while Biogen’s rally on news about an experimental treatment for Alzheimer’s disease topped gains at the Nasdaq. The Dow Jones industrial average rose 102.75 points, or 0.58 per cent, to 17,879.55, a record high. The S&P 500 gained 13.11 points, or 0.64 [...]
My 2020 vision for wealth management: A glimpse into the future December 2, 2014 IT’S THE year 2020. You take a pill at birth that remains permanently in your stomach, continuously measuring your health and intellectual acumen. As part of your education and nurturing as a child, you must select between scarce resources: playing and learning. These selections feed into measurements of risk and reward, and instinct versus due [...]
2014 Christmas gift ideas: Luxury treats from Smythson totes to Tiffany bracelets December 2, 2014 Be the star of the show on Christmas day with these festive treats. Davidoff Cool Water £40 (125ml) Harrods.com Burberry blanket Stay cosy this winter with this wool and cashmere blanket £995 mrporter.com Ernest Jones exclusive jewellery Le Vian chocolate & vanilla diamond ring, £8,499; Le [...]