City Moves for 15 November 2013 | Who’s switching jobs November 14, 2013 Sullivan & Worcester The law firm has announced the hire of Mark Norris as a finance partner in its London office. He was most recently at Squire Sanders, where he was a banking and finance partner. Norris has previously held various roles at Simmons & Simmons and Clifford Chance. PwC Michael Spiteri has joined the professional services [...]
Best of the Brokers for 15 November 2013 November 14, 2013 ITV PLC Westhouse Securities reiterates its ‘add’ rating on ITV ahead of next week’s interim results. Expects “robust” figures due to the mounting evidence of an upturn in UK media spend and the “increasing breadth” of its content, which it says should fuel underlying dividend growth. ICAP Numis reiterates its ‘sell’ rating on Icap and downgrades [...]
London Report: Yellen’s dovish tone helps FTSE 100 to rebound November 14, 2013 TOP shares rebounded yesterday, led higher by energy stocks after the Federal Reserve’s Janet Yellen eased worries the US central bank may start scaling back its stimulus programme this year. Yellen, in remarks released ahead of the Senate hearing yesterday to confirm her as new Fed chair, said the central bank had “more work to [...]
New York Report: Fresh highs for Dow and S&P on easing hint November 14, 2013 THE DOW and the S&P 500 index ended at new highs last night after comments from Janet Yellen, the US Federal Reserve chair nominee, suggested the Fed’s accommodative policies would continue as long as the economy remains fragile. Gains in the technology-heavy Nasdaq and the Dow were held back by Cisco Systems, however, after the [...]
Merchant banks no longer rule the City but their influence hasn’t gone November 14, 2013 WHEN the First World War broke out, an interesting meeting took place in the City to assess its implications. It consisted of what were then known as accepting houses: the elite merchant banks who ruled the City with unquestioned command. Run by the sons of the gentry, they made their money by buying commercial IOUs [...]
The Long View: UK leadership of the international space race isn’t entirely out-of-this-world November 14, 2013 WHO SAYS the sky has to be the limit? Britain’s space industry has ambitions to become a global leader. The sector’s new growth plan, announced this week, includes establishing a British spaceport within five years. It wants our 6.5 per cent share of the global space market in 2010 to be 8 per cent by [...]
How a new garden city could offer affordable family homes at scale November 14, 2013 LORD Wolfson’s decision to devote his £250,000 Economics Prize in 2014 to how to deliver a new garden city has raised eyebrows. The prize has rapidly become a rallying point for the most challenging questions of the day, with Roger Bootle winning last year for his treatise on how a country should exit the euro. [...]
Letters to the Editor – 15/11 – Building pressures, Best of Twitter November 14, 2013 Building pressures [Re: The Greenbelt sacred cow: It pens in the poor for no environmental gain, Monday] It is not only Greenbelt land that is being wasted. There is so much scope for Brownfield development in London. Bishopsgate Goods Yard – a 10 acre plot by Shoreditch that has sat derelict for 50 years – [...]
The Butler is classy – but too eager to teach November 14, 2013 FILM THE BUTLER Cert 12a | Three stars THE Butler examines African-Americans’ struggle for civil rights in the 20th century through events in the life of White House butler Cecil Gaines, who served seven presidents, from Eisenhower to Reagan. It is essentially Forrest Gump, with moral didacticism instead of heart-warming whimsy. It is clear from [...]
A brilliantly acted revival at The Clare November 14, 2013 THEATRE THE ISLAND The Clare at the Young Vic | Four stars DUST swirls under bright lights as you enter The Clare Theatre at The Young Vic. Two men – The Island’s only characters – shovel piles of sand into wheelbarrows, only to walk to the other side of the stage and tip it all [...]
