City Moves for 23 September 2013 | Who’s switching jobs September 22, 2013 Savills The property company has recruited Brian Gaffney as a director and head of property management in Belfast. Gaffney has over 15 years’ industry experience. He joins from Colliers International, where he was head of its property management division. Standard Chartered The bank has announced two appointments to build its legal, compliance and regulatory programmes. [...]
Best of the Brokers for 23 September 2013 September 22, 2013 To appear in Best of the Brokers, email your research to notes@cityam.com COMPASS Panmure Gordon has maintained its “hold” stance and target price of 820p on the food group ahead of its fourth quarter trading update on Thursday, saying that limited M&A activity over the course of the yearmeans there is potential to return some [...]
London Report: House prices set to show strong recovery signs September 22, 2013 HOUSE price data set to be released this week is likely to show a strong month-on-month rise for September, pushing the annual increase to a three-year high. The boost, shown in Nationwide data, reflects stronger consumer confidence and a higher employment rate, but is also likely to highlight the dangers of a possible house price [...]
Wall St The Week Ahead: US stocks may suffer from fiscal fighting September 22, 2013 INVESTORS may be tempted to shy away from stocks in the next week or two as the latest version of the fiscal follies plays out in Washington. It’s understandable. The prospect of a government shutdown or, worse, default on the federal debt, rekindles memories of 2011 when Washington’s infighting prompted the loss of the United [...]
The man who went from hotdogs to thinkpods September 22, 2013 Regus founder Mark Dixon tells Michael Bow why serviced offices are at the cutting edge of technology SITTING behind a boardroom table in an office on Berkeley Square in Mayfair, Mark Dixon, founder and chief executive of serviced office company Regus, is sipping from a Pret A Manger paper cup. With his round tortoiseshell spectacles [...]
Forget Miliband: Today Ed Balls will define the terms of the next election September 22, 2013 TODAY’S speech by shadow chancellor Ed Balls is the most important event at this week’s Labour Conference. Ed Miliband will get all the attention, but Balls’ speech is the one that matters. What he says – and how he says it – will determine the fate of British politics for the next two years. Miliband [...]
City Matters: Why business must have a rational debate about the UK’s place in the EU September 22, 2013 THE EUROPEAN debate has always had a tendency to stir emotional responses on both sides that miss – or ignore – the real facts. That makes it all the more important to make the case for a rational analysis of our relationship with Brussels. And as part of this analysis, it is vital that we [...]
We can’t wait until 2015 while politicians dither over the UK airport crisis September 22, 2013 I LEARNED long ago not to listen to what politicians say, but to watch what they do. All parties pay lip-service to doing what it takes to be globally competitive, to create jobs and wealth in a fast-changing, ever more challenging world. But simply by doing nothing, those we elect to govern us are in [...]
Letters to the Editor – 23/09 – Future of gaming, Care robots, Best of Twitter September 22, 2013 Future of gaming [Re: Computer games have grown up – and they’re an economic powerhouse, Friday] This is an excellent article. While George Osborne goes on about the march of the makers, the gaming industry shows exactly what Britain can do if creativity is allowed to combine with technical and scientific know-how. I even think [...]
Turning up the heat: Former trader taking on the Big Six September 22, 2013 Annabel Palmer talks tariffs and talent with Stephen Fitzpatrick, who switched the City for the Cotswolds to found energy company Ovo EXPERTS are predicting another gloomy winter for Britain, with power firms expected to raise tariffs in November and December by up to 10 per cent – pushing annual average bills to over £1,500 for [...]