Best of the Brokers for 27 September 2013 September 26, 2013 ABERDEEN ASSET MANAGEMENT Shore Capital has kept its “buy” rating on the investment manager despite outflows in the firm’s latest update. The broker believes Aberdeen will come through the turbulence in emerging markets well, claiming the stock “is not a Greek tragedy, but A Midsummer Night’s Dream”. AGGREKO Morgan Stanley has started covering the power [...]
London Report: Bullish stance on China lifts mining stocks September 26, 2013 BRITAIN’S top share index edged higher yesterday, with a rise in metals prices on improving seasonal demand from China, the world’s biggest consumer of industrial metals, helping mining stocks. The UK mining index rose 0.6 per cent, the best sectoral performer, after copper and zinc rose more than one per cent on signs of stronger [...]
New York Report: S&P and Dow reverse losses despite DC row September 26, 2013 THE S&P 500 and Dow Jones snapped five-day losing streaks last night on positive US job market data but gains were limited as investors worried if Washington DC politicians would pass bills to avoid a government shutdown and possible US debt default on time. Initial claims for state unemployment benefits dropped last week near a [...]
How business can fight back and win against opportunistic political attacks September 26, 2013 ED MILIBAND’S move against energy firms at this week’s Labour conference was the latest in a long line of political attacks on British businesses. Drinks firms, airlines, supermarkets, food retailers and, of course, banks have all been recent targets for politicians. This trend shows no sign of abating. It would be wrong to suggest that [...]
The Long View: Don’t hate politicians: We’re partly to blame for their professional deformation September 26, 2013 I LOVE this time of year. It’s a shame politicians have to ruin it. The weather is cool and crisp but mild enough not to be winter-miserable, the year is running towards its end but there’s enough time left to get stuff finished first. Nature is filling all fruit with ripeness to the core – [...]
Police can intensify the fight against crime with private sector expertise September 26, 2013 THE ECONOMIC crisis has had a lasting effect on London. Much has been negative. But less well-known is that, with the government determined to cut the deficit, the public and private sectors are increasingly finding common ground, by working together in unique and integrated new ways. London’s police force is a case in point. I [...]
Letters to the Editor – 27/09 – Lessons from Italy, Labour on housing, Best of Twitter September 26, 2013 Lessons from Italy [Re: Lessons from Italy: What happens when businesses are forced to move abroad, yesterday] The same piece could have be written about France. Unfortunately, both France and Italy’s political elites – who are trained as civil service administrators and possess no business experience – are unlikely to heed the warnings. Pierrick Moreaux [...]
Live with your head in the clouds September 26, 2013 Booming demand for residential property causes developers to reach for the sky LONDON has lifted its head firmly into the clouds in recent years as more gargantuan skyscrapers have sprouted up around the city. The Shard, the Heron Tower, the Walkie Talkie and their contemporaries have pierced the skyline and made a similar hole in [...]
Luxurious living locked-up at The Courthouse, Westminster September 26, 2013 Central London homes sit on historical site DEVELOPERS hope they have done justice to the site of a grand old courthouse with its new luxury development at the heart of London. The Courthouse, the latest premium scheme by Barratt London, is located in popular Westminster on the site of the City of Westminster Magistrates Court [...]
Locals buying up riverside apartments in Wandsworth September 26, 2013 Borough bucks international buyer trend OVER the past couple of years a large majority of luxury properties in London have been snapped up by international investors. But the Wandsworth Riverside Development is hoping to buck the trend by creating property aimed at and marketed to south west Londoners. Dr Stanley Quek, chief executive of Frasers [...]
