Inflation likely to remain well below 2pc mark – London Week Ahead November 16, 2014 Inflation figures released today are likely to show that price rises, as measured by the consumer prices index (CPI), remained far below the Bank of England’s two per cent “target” in October. Most economists expect inflation to remain unchanged at 1.2 per cent, although September’s fall from 1.5 per cent in August means there is [...]
US retail profits to reveal state of the economy – The week ahead on Wall St November 16, 2014 ANALYSTS will get another glimpse at the US economy’s vital signs next week, as they sift through housing reports and a steady stream of key retail earnings announcements. The US Federal Reserve is scheduled to release its latest minutes from the Federal Open Market Committee’s (FOMC) meeting on 28-29 October. Investors will be eyeing the [...]
48 hours in… Bath November 16, 2014 WHERE TO STAY Savour premium whiskies in the hidden terrace gardens of the Queensberry Hotel, which is set in a quartet of historic Georgian townhouses. It’s only a short stroll from the city centre and the food is great too; thequeensberry.co.uk WHERE TO GO When in Bath, do as the Bathonians do, which obviously involves [...]
From Aldi to PwC: the year’s heroes revealed November 13, 2014 The 2014 City A.M. awards were as glamorous and entertaining as ever with guest speaker Sir Martin Sorrell kicking off an exciting ceremony with 14 awards given THE GRANGE St Paul’s Hotel was packed to the rafters last night with some of the City’s favourite faces as the City A.M. awards took its annual place [...]
City A.M. award winners 2014 are… November 13, 2014 CITY A.M. AWARDS 2014 Congratulations to all the enterprising winners of our fifth annual awards. PERSONALITY OF THE YEAR Nigel Wilson Legal & General BUSINESS OF THE YEAR Aldi ACCOUNTANCY FIRM OF THE YEAR PwC ANALYST OF THE YEAR Ian Whittaker Liberum BANK OF THE YEAR Handelsbanken BUSINESS SERVICES FIRM OF THE YEAR Compass Group [...]
Lazard head to be Obama’s Bank Manager November 13, 2014 Lazard banker Antonio Weiss is set to become Barack Obama’s top domestic policymaker on banking and finance, as the president’s pick for the US Treasury. Weiss is the global head of investment banking at Lazard. The Senate will get the final say on his appointment.
Green light for Battersea Tube extension November 13, 2014 Ministers have given the green light to a new London Underground station at Battersea, following plans to extend the Northern Line from Kennington, via Nine Elms. Both areas will get new stations, which will be open by 2020, at a cost of almost £1bn. The station will connect the regeneration area around the power station [...]
Eu’re in France in a flash with a 200mph train November 13, 2014 EUROSTAR yesterday unveiled 10 new 200mph trains, which will begin ferrying passengers between London and the continent by the end of next year. The fleet of e320 engines was unveiled at St Pancras Station on the eve of Eurostar’s 20th anniversary. The company will offer a new route to Provence, stopping at Lyon, Avignon and [...]
Call of Duty lifts Game Digital November 13, 2014 Game Digital has enjoyed a 17 per cent year-on-year revenue rise, due to increasing hardware sales and growth of its digital gaming offering. The firm said the games market had grown 14 per cent in the UK and Spain, allowing it to increase its market share. Games such as Call of Duty helped to see [...]
Twitter dropped to a junk rating November 13, 2014 STANDARD & Poors has downgraded Twitter to “junk” status, sending its shares to shed five per cent. The credit rating agency cited cashflow issues for the BB- rating. S&P said the social media giant would need to broaden its revenue base in foreign markets in order to improve its rating. But the agency said growth [...]
