Business in Britain: London firms’ confidence dips against UK average July 5, 2015 Lloyds Bank today released figures showing that business confidence in London has fallen slightly against the national average. The biannual Business in Britain report surveyed 1,500 UK SMEs and found companies in London expected increased orders and profits over the next six months. However, limited growth meant the overall measure of confidence fell [...]
UK recruiters’ revenues reap the benefit of strong job market July 5, 2015 Recruitment firms are seeing income soar as a result of Britain’s booming job market. Fees earned from placing workers have risen for 83 per cent of recruiters this year, according to figures released today by the Association of Professional Staffing Companies (Apsco). Stronger business activity is leading many in the recruitment industry to consider expansion, [...]
Smaller firms optimistic on their turnover July 5, 2015 SMALLER companies are forecasting good times ahead after the General Election result, according to new survey figures. The 7 May election, which saw the Conservative party win a majority, was seen as a positive by 74 per cent of small and mid-sized firms, accounting firm BDO and the Quoted Companies Alliance (QCA) said today. The [...]
Directors make the case for a TTIP trade deal July 5, 2015 The chairman of a leading business group will use a major speech in the City tonight to urge business leaders to get behind an EU-US trade deal. Speaking at a dinner at Mansion House, Lady Barbara Judge, chairman of the Institute of Directors (IoD) will say that the proposed Transatlantic Trade and Investment Partnership (TTIP) [...]
Business group: UK will lose £31bn waiting for new runway July 5, 2015 A lack of airport capacity in London could cost the UK economy up to £31bn by 2030, according to a new report out today. The Confederation of British Industry (CBI) said that over the time it will take to build a new runway, the country could lose up to £31bn in trade because of a [...]
Greek crisis to delay Kurdish markets debut July 5, 2015 KURDISTAN could make its debut on international capital markets this week, with dozens of City investors expected to back the oil-rich region in northern Iraq. But the long-awaited bond is likely to be postponed due to market uncertainty over the ongoing Greek debt crisis, according to people familiar with the deal, with one source saying: [...]
Princess Charlotte christening: Royal baby gets City godparents Adam Middleton and Thomas van Straubenzee July 5, 2015 Godparents are an important part of any child’s life; shaping their world view and interests. Based on the list of godparents appointed to Princess Charlotte at her christening yesterday, she could be looking at a career in finance in a few years’ time. The Princess, christened at St Mary Magdalene church in Norfolk yesterday, will [...]
Fair prices at Leadenhall fair July 5, 2015 Need some artistic inspiration for your desk? Leadenhall Market is having an arts fair this week, providing the City with affordable paintings and sculptures to brighten up the office. Now in its eighth year, Elevated Art Fair will see “affordable art” (£4,000 and under) on sale, along with live art and DJ sets. Makes a [...]
Wagamama hires retail veteran Allan Leighton as new chairman July 5, 2015 Asian restaurant chain Wagamama is set to appoint Allan Leighton as chairman, paving the way for further expansion overseas. The retail and leisure veteran, best known for turning around supermarket chain Asda, has had a prolific career chairing and advising companies including Royal Mail, the Co-operative Group, and retailers BHS, Peacocks and Pandora. [...]
Celebrity hotspot San Carlo eyes expansion as its turnover jumps July 5, 2015 ITALIAN restaurant group San Carlo said sales and profits jumped in the last year as it looks to gobble up more sites in the UK and overseas. The family-run chain, which counts celebrities including footballer Frank Lampard and rock stars Liam and Noel Gallagher among its diners, said turnover increased by 12.5 per cent to [...]