Borders losses double in 2013 May 14, 2014 OIL EXPLORER Borders & Southern Petroleum saw its share price plummet over 11 per cent yesterday, after revealing its pre-tax losses had more than doubled last year. The Aim-listed company, which operates three licences in the Falklands, posted losses of $2.95m (£1.76m) from $1.1m in 2012, after struggling to attract a partner to finance its [...]
City Moves for 15 May 2014 | Who’s switching jobs May 14, 2014 Deloitte Real Estate Deloitte Real Estate has appointed two senior consultants to its real estate sustainability team. Jack Wang (right) specialises in building energy data analytics and modelling, strategy and management. He joins from the National Energy Foundation. Nick Hogg has over seven years’ property sustainability experience, and previously worked in the upstream sustainability services [...]
Best of the Brokers for 15 May 2014 May 14, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com JUST EAT JP Morgan Cazenove begins covering the takeaway delivery service with an “overweight” rating and a price target of 290p. The broker likes the look of Just Eat’s sales growth potential, with high barriers to entry for rivals and a successful management [...]
London Report: FTSE hits brakes ahead of 14-year high as ITV drops May 14, 2014 THE FTSE 100 steadied near a 14-year high yesterday, despite broadcaster ITV falling 5.7 per cent after seeing its market share drop in the first four months of the year. ITV’s second-quarter guidance for net advertising revenue was just short of their 14 per cent forecast. The London index ended 0.08 per cent higher at [...]
New York Report: Dow and S&P fall from peak May 14, 2014 THE Dow and S&P 500 yesterday dropped from record levels, with home-builder and bank shares among the biggest fallers. The Dow Jones industrial average fell 101.47 points, or 0.6 per cent, to 16,613.97, while the S&P 500 index lost 8.92 points, or 0.5 per cent, to 1,888.53. Nasdaq fell, too, by 29.54 points, or 0.7 [...]
How SMEs can drive growth through new technologies May 14, 2014 Failing to adapt to the changing technological landscape will see you get left behind TECHNOLOGICAL shifts are the norm in business – no sooner had the early car manufacturers begun to turn a profit than they saw their market share collapse in the face of Henry Ford’s assembly line methods. But the pace of change [...]
Wearables in the workplace May 14, 2014 A recent study, led by Chris Brauer of Goldsmiths University, found that wearable technology could boost employee productivity by as much as 8.5 per cent, and job satisfaction by 3.5 per cent. “Wearable technology is arguably the biggest trend since tablet computing, so it’s natural that employees and businesses will look to use these devices [...]
Flexible working to the extreme: Dispersed office May 14, 2014 James Knight, founder of Keystone Law, talks to Liam Ward-Proud about gaining acceptance for a new business model, and how dispersed working can cut overhead costs and realise efficiency gains FOUNDED in 2002 by lawyer James Knight, Keystone Law brought an entrepreneurial streak to a centuries-old profession. Using advances in communication technology, including a remotely [...]
In the driver’s seat: Why today’s IT departments are moving from back office to front-line services May 14, 2014 IT’S HARDLY surprising that today’s IT departments are feeling the strain. Technology has become more than just a back office tool – it is a disruptive force, offering those businesses with the ability and vision to effectively harness it huge competitive advantage. In just one example, a 2013 report by the RSA and sponsored by [...]
Unified comms can boost SME growth May 14, 2014 MANAGING multiple communications and IT systems is a challenge for many SMEs. For expansive organisations like Key Facilities Management (the operations company has locations spanning the Middle East, North Africa and eastern Europe), the complexity can have a serious impact on the bottom line. “Three or four years ago, there was a danger of us [...]
