Best of the Brokers for 26 March 2014 March 25, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com GREENCORE Shore Capital sticks to its “hold” rating and 256p target ahead of the food group’s quarterly results on 2 April. The broker predicts double-digit growth in the “food to go” business, tempered by slower growth in ready meals, and expects to upgrade [...]
London Report: FTSE rebound rally spurred by corporate data March 25, 2014 THE UK’S top share index rose yesterday, bouncing off of a six-week closing low, after Kingfisher and EasyJet posted updates raising optimism about the outlook for corporate earnings. Home improvements retailer Kingfisher jumped six per cent as it said it would return about £200m to shareholders in the current year, after meeting forecasts with a [...]
New York Report: Shares bounce back from two days of decline March 25, 2014 US STOCKS ended higher last night, rebounding from a two-day decline as the hard-hit biotechnology sector regained its momentum and a strong read on consumer confidence increased optimism about the economy. Trading was choppy throughout the day with the Nasdaq at one point turning lower, led by a sharp reversal in biotech shares. So-called momentum [...]
Letters to the Editor – 26/03 – Personal liberty, Best of Twitter March 25, 2014 Personal liberty [Re: Pension reforms mark a welcome move towards individual liberty, yesterday] You only have to look to Switzerland, where there is a real sense of personal responsibility, to see the importance of handing power back to the people. It has a very stable political system, based on decentralisation and frequent referendums. And the [...]
How the Budget has made Isas even nicer March 25, 2014 The tax wrapper has even greater potential for capital growth, but pension tax relief will still prove decisive Much of the reaction to George Osborne’s “Budget for savers” has focused on the freeing-up of pensions. And while a loosening of drawdown restrictions will no doubt be a boon for retirees, radical Isa reforms have important [...]
Three investment ideas for your 2014 portfolio March 25, 2014 @AnnabelPalmer1 THE ISA deadline is a little over a week away, so now is the time to maximise your allowance (up to £11,520 in a stocks and shares Isa in 2013-14). It is also a good time to review your portfolio and consider new investment opportunities. In the latest in our series on Isa ideas, [...]
Alfresco v Aldesco March 25, 2014 With the sun out, it’s time to eat alfresco, says Alex Dymoke – but for those poor souls stuck to your desks, we have some special take away options as well… THE CITY (NORTH)The Water Poet9-11 Folgate Street, E1 6BX The Water Poet pub is located at the very northern tip of the Square Mile. [...]
Mix it up: Can a cocktail be subject to copyright? March 25, 2014 @philip_salter WHAT’S in a name? I’m with Juliet on this one: a Rose Petal Martini by any other name would taste as sweet. A few years ago, US bartender Eben Freeman put his head above the parapet and suggested cocktails should be protected by intellectual copyright. He may now wish he hadn’t – the idea [...]
Great culinary feats can still be achieved, even if you only have a microwave in your office kitchen March 25, 2014 FOREVER associated with the processed, the prepackaged and the unsophisticated, the microwave gets a bad rep within foodie circles. The microwave meal has come to symbolise everything that’s wrong with today’s food culture. They make our cooking easy and unhealthy, fast and fatty, and facilitate our tendency to prioritise convenience over care, The way that [...]
Melissa York on London’s top ten set menu lunches March 25, 2014 Aqua Shard, SouthwarkTwo courses for £24 or three for £28 A trip up London’s highest landmark doesn’t come cheap but this set menu at lunch time keeps the cost neatly under £30 with three or four options per course. And, of course, you get the added bonus of a spectacular aerial view over London. Not [...]
