London hosting an ode to Jaguar September 7, 2014 Serenading a car? That’s what Jaguar has planned as part of its new XE model launch in London tonight. Emeli Sandé will sing a special composition for the new car, titled “Feel XE”. Music may be the food of love, but Jaguar also thinks it’s the fuel of motoring.
Low-paid staff saving more September 7, 2014 HALF of low-paid workers are now saving adequately for their retirement, according to Scottish Widows, as the auto-enrolment pensions scheme has pushed them into saving. Two years into the scheme, the proportion of low-paid workers saving enough – around nine per cent of an average income – has risen from 34 per cent to 50 [...]
Best of the Brokers for 08 September 2014 September 7, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com BP Investec has kept its “Hold” rating, but cut the target price to 440p from 460p. Investec thinks the market has moved quickly to factor in the likelihood of higher than expected fines as a result of the recent Deepwater Horizon ruling, but [...]
London Report: Retailer data to reveal strength of UK recovery September 7, 2014 THE NEWLY-MERGED Dixons Carphone will report its maiden quarterly results tomorrow in a week containing a flurry of updates for retailers. Figures for the company, whose merger only completed a month ago, will be keenly watched by investors, who will be hoping the firm’s planned synergies are starting to take effect. Other retailers due to [...]
New York Report: Strong US auto sales set to lift retail figures September 7, 2014 RETAIL sales figures are the most keenly-awaited data this week. The Commerce Department is expected to report on Friday that they increased 0.6 per cent in August, driven by robust automobile sales, after being flat in July. Core retail sales, a gauge of consumer spending, are expected to have risen 0.3 per cent after July’s [...]
So near and yet so Farah September 7, 2014 BRITAIN’S Mo Farah set a new national half-marathon record as he became the first home winner of the Great North Run since 1985 yesterday. Olympic, world and European champion Farah completed the 13.1-mile course in exactly one hour to narrowly beat Kenya’s Mike Kigen into second place. Britain’s Gemma Steele was second in the women’s [...]
Rogue trader free after 110 days in prison September 4, 2014 ROGUE French trader Jerome Kerviel, who was sentenced in May to three years in jail over trading that lost his bank billions of euros, will walk from prison on Monday after just 110 days behind bars if he respects home curfew rules. Kerviel was convicted after losing Societe Generale €4.9bn (£3.8bn) in 2008 when a [...]
Betfair hit by pay revolt over Breon Corcoran bonus despite record revenues September 4, 2014 Almost one third of Betfair shareholders yesterday voted against pay and bonus deals for chief executive Breon Corcoran, despite the online betting exchange reporting strong growth in quarterly profit, thanks mainly to the World Cup. At its annual general meeting yesterday, Betfair said it had generated revenue of almost £16m from the World Cup, more [...]
Is this your next vacuum cleaner? September 4, 2014 IT MIGHT look like a scary new-age robot straight out of Doctor Who, but in fact this handy device is Dyson’s latest vacuum cleaner. The 360 Eye can see a whole room at once thanks to the camera on top of its head. You can even programme it to clean your house while you’re at work, [...]
Yes, but no, but yes… Ed’s way to help the Nos September 4, 2014 Remember Donald Rumsfeld’s “known knowns” speech? During a 2002 briefing, the then US Defence Secretary confused us all, saying: “[There are] known knowns; there are things that we know that we know. We also know there are known unknowns; that is to say we know there are some things we do not know. But there are also [...]
