Formula One car speeds around docklands June 23, 2014 CAMPAIGNERS hoping to bring a grand prix to the streets of London yesterday cheered on a Lotus Formula One car as it drove through the streets of Canary Wharf. The team’s reserve driver Marco Sorensen weaved the Lotus around the docklands roads to raise awareness for Race Week London, which starts on 3 July.
50 Shades of Grey author EL James rakes in £33m June 23, 2014 50 Shades of Grey author EL James has left her rivals firmly under her heel as she recorded earnings of £33.4m in a year, almost four times higher than the reported £8.6m earned by JK Rowling last year. The exceptionally good sales of the sadomasochistic trilogy, which topped the 100m sales mark this year, may [...]
Mama Mia! Carluccio’s to open stateside June 23, 2014 CARLUCCIO’S, the Italian restaurant chain founded by Antonio Carluccio, is set to open its first eatery in the US after roaring to a 19.1 per cent rise in pre-tax profits last year. The company, now owned by Dubai-based Landmark and run by boss Simon Kossoff, reported turnover of £118m, up 22.5 per cent for the [...]
Best of the Brokers for 23 June 2014 June 23, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com KIER GROUP Westhouse has initiated coverage of Kier Group with a “buy” rating, and a target price of 2,110p. While noting that some see Kier as over-diverse, the broker believes its component parts gel together into a unique blend of construction, services and [...]
London Report: Economic data to confirm rapid growth this year June 23, 2014 FIGURES released this week are expected to confirm that the economy grew at the fastest rate in nearly four years in the first quarter of 2014. Office for National Statistics (ONS) data, due out on Friday, will give the third estimate of output, and is expected to increase its original 0.8 per cent reading for [...]
Wall St The Week Ahead: US consumer discretionary stocks low June 23, 2014 SHARES of specialty retailers and apparel makers helped lead the charge off the market’s bottom in March 2009 but have unraveled this year, leaving consumer discretionary stocks as the sole sector to still be lower through the 2014’s first half. Whether these stocks can snap out of that slump may hinge on what a clutch [...]
Letters to the Editor – 23/06 – Alternative finance, Parties of liberty, Best of Twitter June 23, 2014 Alternative finance [Re: Santander refers rejected small business loans to Funding Circle, Thursday] It is welcome to see Santander taking a progressive attitude to lending by promoting alternative financial solutions. The greatest barrier to SME growth is a lack of education of the types of funding available. For many, alternative forms of finance offer the [...]
Gimme 5: Inspiring books for entrepreneurs June 23, 2014 The Smart Entrepreneur: How to Build for a Successful Business Bart Clarysse and Sabrina Kiefer A hands-on book which coaches the budding entrepreneur through starting a new venture. The 12 chapters can be read as mini-manuals, and cover everything from managing uncertainty to staying ahead of competition. How to Fail at Almost Everything [...]
How London beat Germany to be Europe’s leading ad industry hub June 23, 2014 Figures from Zenith Optimedia last week forecast that, this year, the UK advertising industry will outstrip Germany’s in size for the first time. Once, this would have been unthinkable. When I started the London offshoot of German advertising agency Scholz & Friends, many in the industry said I’d lost my mind. This wasn’t [...]
The week in brief – UK agencies win big at the Cannes Lions June 23, 2014 UK agencies and creative shops were well-represented among the winners at last week’s Cannes Lions festival. Adam & Eve/DDB won big for its Harvey Nichols “sorry, I spent it on myself” Christmas work, as did OgilvyOne for its “magic of flying” campaign for British Airways. PHD won two golds for its work with Lego, and [...]
