Reports on bank lending to take the centre stage – London Week Ahead November 23, 2014 THIS week will see a flurry of announcements regarding bank lending. The Bank of England on Thursday will publish the figures for its Funding for Lending scheme, followed by the latest data on the Help-to-Buy scheme the following day. The British Bankers’ Association will publish its figures for mortgage approvals today. That will be backed [...]
Wall St to take a breather for Thanksgiving – The week ahead on Wall St November 23, 2014 US investors head into the Thanksgiving holiday on Thursday thankful for the market’s recent strength, which puts major indeces on track for another year of double-digit gains. Volatility may pick up next week as many take off for Thanksgiving. Markets are closed on Thursday and will close early on Friday. The second estimate of third-quarter [...]
48 hours in… Monte Carlo: Gamble at the Casino, drink at Jimmy’z and unwind at the Hermitage Hotel November 23, 2014 WHERE TO STAY If you’re visiting the heart of exclusivity and luxury, then make the most of it by staying in a Belle Epoque style palace. Built in 1900, Hermitage Hotel is a historic monument filled with classical vintage furnishings. It’s situated steps away from the Casino Monte-Carlo and has direct access to the Thermes [...]
Next generation: top five British painters to watch November 23, 2014 Gillian Carnegie With her black and white paintings of cats, bottoms, stairs and flowers, Camberwell graduate Gillian Carnegie turns hum-drum domesticity into scenes of elegiac beauty. Catherine Storey Conceptual painter Catherine Storey contrives connections between hollywood and the artistic movements of the twentieth century with abstracted paintings of early film equipment. Dexter Dalwood Dexter Dalwood [...]
Minecraft at Tate November 20, 2014 FANS of the hugely successful Minecraft video game will be able to play inside worlds envisioned in art from the collection of the Tate museums in Britain with free-download releases of two 3-D Tate Worlds starting on Monday. The first two paintings inspiring the Tate Worlds are Andre Derain’s 1906 The Pool of London and [...]
PwC restructuring ladies take over Fortnum & Mason for a night November 20, 2014 WEDNESDAY night saw the ladies from PwC’s restructuring team enjoy their fourth annual “Culinary Christmas Cracker” event at the epicurean bazaar of Fortnum & Mason. They were joined by guest speaker Jo Fairley, one of the founders of the Green & Blacks chocolate brand (pictured, far right with Heather Swanston, leader of the refinancing and [...]
Best of the Brokers for 21 November 2014 November 20, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com INTERTEK Numis has lowered its rating from “add” to “hold”. The broker noted that capex and commodity-led weakness had “undone the improving momentum highlighted at the half-year results in August and led to a further pull-back in revenue growth and margin expectations”. ROLLS-ROYCE [...]
FTSE weighed down by poor Chinese data – London Report November 20, 2014 BRITAIN’S top share index yesterday fell for a second day, hit by weak economic data from the Eurozone and China and a profit warning from energy supplier Centrica. The blue chip FTSE 100 index closed 0.3 per cent lower at 6,678.90 points, extending its retreat from an eightweek high reached on the previous day. Centrica, [...]
Dow and S&P keep breaking closing records – New York Report November 20, 2014 THE Dow and S&P 500 finished at record highs yesterday as data showed further strength in the US economy and Intel gave an upbeat forecast. The Dow Jones industrial average rose 33.27 points, or 0.19 per cent, to 17,719, a record close. The S&P 500 gained 4.03 points, or 0.2 per cent, to 2,052.75, its [...]
Something for the weekend November 20, 2014 For a festive treat: winter wonderland Ice rink? Check. Fun fair? Check. 200 fairy-lit Bavarian wooden chalets? Check. Winter Wonderland, London’s most extravagantly christmassy spectacle, returns to Hyde Park today. Open every day from 10am-10pm. For a Christmas ride: Tally ho! cycle tour Tally Ho! have organised a cycle ride around all London’s best Christmas [...]
