London Sports Festival moves from 3×3 basketball success to pickleball at the City of London Corporation’s Guildhall Yard
City Moves for 25 June 2015 | Who’s switching jobs June 24, 2015 Nexus CIFS The trade credit insurer has announced the appointment of two commercial underwriters. Gavin Brown joins from Euler Hermes UK, where he has been working since 2006, most recently as an account manager. Philip Oldfield (pictured) has held roles at Aon and Amlin Credit. Artemis Ed Legget is joining the investment management firm to [...]
Best of the Brokers for 25 June 2015 June 24, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com LADBROKES Numis raised its recommendation on the betting shop company from a “reduce” to a “hold”, citing the fact that “it appears that half the gambling sector is involved in, or has been contemplating, M&A”. However, the broker said it is “sitting out” [...]
Mining strength offsets worries over Greek deal – London Report June 24, 2015 BRITAIN’S top share index turned lower after touching a three-week high yesterday although it still outperformed Eurozone shares with strength in the mining sector insulating the index from the Greek debt standoff. The blue-chip FTSE 100 index hit 6,873.43 in morning trade, its highest level since June 4. It turned lower to trade up just [...]
US stocks fall as investors avoid equities – New York Report June 24, 2015 US stocks closed lower yesterday, dropping in a broad decline as the outcome of negotiations between Greece and its international creditors remained up in the air, prompting investors to drop riskier assets like equities. Wall Street has lately taken its cue from the situation in Greece, which needs fresh funds to avoid defaulting on a [...]
Better small company reporting is key to unlocking EU Capital Markets Union June 24, 2015 Smaller quoted companies are vital to generating long-term sustainable economic growth and creating jobs. Smaller enterprises have the capacity for dynamic growth, development of new markets and sustainable job creation. But how best to attract the capital they need to achieve their potential? The European Commission’s proposal for a Capital Markets Union has sought [...]
Be afraid: The autumn could bring a significant correction in US equities June 24, 2015 There are times when you should be afraid, very afraid. This might be one of them. Two measures of US equities strike me as particularly worrying. First, the Shiller cyclically adjusted price-to-earnings ratio (Cape). Second, Tobin’s Q measure. Cape is defined as the ratio of prices (on the S&P index) to average inflation adjusted earnings [...]
Private investors can plug London’s infrastructure gap – if we allow them to June 24, 2015 London's infrastructure is struggling to cope. Not only are our roads, rail and tube systems in need of a major upgrade (some of which is already underway), but we need new homes, better broadband provision and mobile reception, and more schools and colleges to train the businessmen and women of the future. According to [...]
As Cameron heads to Brussels, will he achieve sufficient reform to Britain’s EU relationship? June 24, 2015 Lucy Thomas is campaign director of Business for New Europe, says Yes The Prime Minister’s task is daunting, but achievable. He has secured a mandate for his approach and he now has the chance to secure real reform. His priorities should be delivering a cut to red tape, ensuring EU institutions are more streamlined, and [...]
How to plug the information gap June 24, 2015 Investors need more high quality data on the companies they are crowdfunding BUSINESSES across the UK are increasingly aware that they can raise investment through crowdfunding, where large groups of people give small amounts of money to support an organisation they like the look of. This has opened up the world of investment to all, [...]
The great skills race: How the UK measures up June 24, 2015 IMMIGRATION provides a lifeline for Britain’s fast-growth firms. Over 60 per cent of The Leap 100 rely on non-UK nationals to fill vacancies in their companies. “By making it harder to employ skilled non-EU nationals, the government is putting a brake on the growth of the economy”, says Danvers Baillieu of Privax. This view was [...]
