Shared ownership’s time has come so here’s six ideas to help home buyers in the high cost capital November 9, 2015 There is an iconic image of the Patterson family stood outside their house with Margaret Thatcher. The first people to purchase their home under Right to Buy in 1980, Thatcher delivered the deeds herself. Right to Buy is back in the news, with the government striking an agreement to extend the scheme to housing [...]
With calls to tackle “unfair dumping” should more be done to block cheap Chinese steel imports? November 9, 2015 Mathew Lawrence, a research fellow at IPPR, says Yes Yes, if proportionate action can be taken at an international scale that doesn’t tip into tit-for-tat protectionism. It clearly can be done: the US has introduced 43 anti-dumping tariffs in the last seven years. This isn’t about anti-Chinese action, though; their steel sector is also under [...]
Equities may not survive aggressive dollar – eToro Tips & Picks November 9, 2015 There is only one place to start this week, and that’s the jobs report. Given all the attention on last week’s stellar non-farm payroll report, however, many have overlooked the average earnings reading, despite it being far more important at this point in time. It now looks likely that Janet Yellen will increase interest [...]
City Moves for 09 November 2015 | Who’s switching jobs November 8, 2015 RSM The audit, tax, and consulting services firm has announced the appointments of Pelle Langli and Mark Wootton (pictured) as partners in its consulting practice. Langli joins from EC Partners. He has more than 15 years' experience in consulting, and will focus on building RSM's finance function advisory service line. Wootton joins from KM&T UK, [...]
Best of the Brokers for 09 November 2015 November 8, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com S&P Capital has maintained its “sell” rating on Coca-Cola HBC, despite healthy volume growth of 5.4 per cent reported in its third-quarter results. Negative currency impact led to a revenue decline in the third quarter year-on-year. Weakness in Russia has been noted as [...]
UK unemployment figures set to be in the spotlight – London Report November 8, 2015 Following the US jobs report on Friday, UK investors will focus on Wednesday’s release of the September employment report and October’s tally for the claimant count. They will be published alongside a raft of secondtier indicators on retail sales and house prices. Today, funeral operator Dignity is expected to reveal a jump in revenues when [...]
Retailers in focus as season winds down – New York Report November 8, 2015 A cloud of pessimism may have burned off for many investors on a bright October US jobs report on Friday, but much of the global economy – including China, which not long ago was a top worry for the US Federal Reserve – remains vulnerable. With markets having swung in just a few weeks from [...]
Recep Tayyip Erdogan: Turkey’s Putin can’t halt the coming economic meltdown November 8, 2015 You have to hand it to him. Turkey’s increasingly authoritarian President, Recep Tayyip Erdogan, is turning into quite the Putin mini-me, both in terms of his ruthlessness and his complete political mastery of his country. Stung by his Justice and Development Party’s (AKP) shocking failure (after over a decade of utter dominance) to win June’s [...]
Immigration is in the interest of business – but we must help bring the public round November 8, 2015 When President Xi Jinping of China visited us here at the Guildhall in October, he didn't have to worry about whether or not he would be granted a visa. For too many of his countrymen, this is an issue which is keeping both them and their businesses out of the UK. As we welcome Indian [...]
London’s businesses face a pressure cooker of rising wages and skills shortages next year November 8, 2015 No matter what the latest ONS employment and GDP figures say when they're released this Wednesday, the conversations I'm having with employers reveal that confidence is now firmly rooted in the British economy. In fact, there is a resoundingly positive attitude to growth next year, according to our latest report, Hays UK Salary and [...]