Hear ye, hear ye! pay your congestion charge July 15, 2015 “Master Cartman” Paul Holder and the City’s Aldermen took a turn around Guildhall yesterday at the City’s annual Cart Marking ceremony. Celebrating the ancient art of branding vehicles to license their trade in the capital, historians say this was the congestion charge’s primitive form.
Halfords gears up for revenue growth in 2015 July 15, 2015 THE UK’S growing passion for cycling helped to boost Halfords Group’s performance in the quarter ended 3 July. The company posted strong sales across all divisions in a trading update yesterday and said guidance for the full year remains unchanged. Premium bikes sales were up by eight per cent, while revenue in cycle repairs grew by 24 [...]
Icap: outlook is positive despite uncertainty on Greece and rates July 15, 2015 ICAP boss Michael Spencer said the broking firm had started the year on an improved footing, despite challenges arising out of the uncertainty regarding Greece and a lack of clarity around interest rates. The company posted a one per cent drop in revenue for the three months between 1 April and 30 June, however the [...]
City Moves for 16 July 2015 | Who’s switching jobs July 15, 2015 Logistics Capital Partners The project development and asset management services provider has announced the appointment of Andrea Benvenuti as a partner. He joins as managing director of development and construction from Amazon. Benvenuti has also held senior roles at Prologis. Willis Group The risk advisory, re/insurance broking, and human capital and benefits firm has appointed [...]
Best of the Brokers for 16 July 2015 July 15, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com BRITVIC Shore Capital reiterated its “buy” rating on the drinks firm, ahead of its trading update for the third quarter. The broker said Britvic has “an attractive investment case based on strong earnings growth underpinned in part by its ongoing cost-savings programme and [...]
Travis Perkins builds support as FTSE levels – London Report July 15, 2015 BRITAIN’S top share index ended flat yesterday, with building supplies company Travis Perkins leading gainers after a broker upgrade, while luxury goods maker Burberry was among the biggest fallers after posting slower sales growth. Investors were reluctant to place strong bets before a crucial vote in Greece on a proposed bailout package to save the [...]
Wall St falls as energy drags finance gains – New York Report July 15, 2015 US STOCKS stocks edged lower yesterday following comments from Federal Reserve Chair Janet Yellen, as a decline in energy shares outweighed gains in the financial sector in the latter stages of trading. The energy sector, down 1.6 per cent, was the worst performer of the 10 major S&P groups as oil prices retreated on concerns [...]
The voters aren’t stupid: David Cameron must hold his In/Out EU referendum now July 15, 2015 Between David Cameron’s election victory and his address at the recent summit in Brussels, the debate in Britain over its place in Europe has sparked into life. Polls suggest more than half the electorate support remaining in the EU. Business leaders’ views are varied, but one thing they all agree on is that prolonged uncertainty [...]
Ten reasons why gender pay differences don’t prove discrimination by employers July 15, 2015 We can all agree that gender pay discrimination is wrong, but there is also too much gender pay disinformation at present. Gender pay differences neither prove nor disprove discrimination. There is undoubtedly a significant difference in the full-time hourly pay of women compared with that of men, even though this gap has narrowed over [...]
MPs on entrepreneurship: Do they even know what they’re talking about? July 15, 2015 Politicians rarely miss an opportunity to praise those business owners brave enough to strike out on their own. With 581,000 new firms registered last year, there is little doubt that Britain is in the throes of an exciting entrepreneurial purple patch. But how much credit can government take for the surge in new companies? Business [...]
