Best of the Brokers for 22 June 2015 June 21, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com AUTO TRADER GROUP Numis reiterated its “buy” recommendation for the online car market, citing encouraging financial year 2015 results, with revenues up eight per cent and EBITDA up 15 per cent. The broker described the group as set fair, and said it will [...]
Housing market looking healthy in latest figures – London Report June 21, 2015 EVIDENCE of improvement in the housing market is expected this week when the British Bankers Association releases its mortgage approvals data for May. The figures, out on Wednesday, are likely to show that approvals for house purchases rose for a fifth consecutive month in May, climbing to a 14-month high of 43,800 from 42,116 in [...]
US builders set for more good news on sales – New York Report June 21, 2015 HOUSING stocks rallied on Friday and the industry group should get more good news next week, though sustained and robust future gains may depend on wage growth and other signs of improving home affordability. The National Association of Realtors is today expected to report strong growth in existing home sales for May, similarly to UK [...]
The EU is dead: The Grexit crisis has laid bare Europe’s inability to rescue itself June 21, 2015 Jumping the shark” is one of my favourite American idioms. It was first used in the context of a particularly notorious episode of the 1970s classic US television show Happy Days, which centred on the unlikely but enduring friendship between a young, square, 1950s good guy, Richie Cunningham, and his cool, but from-the-wrong-side-of-the-tracks ally Fonzie. [...]
Britain’s world-leading financial services industry is more than just the City June 21, 2015 Financial services” does not equal “London”. This is my message overseas – but it is equally important to say it on these shores as well. Like all lord mayors, I speak to and for the whole of the UK’s financial and professional services community – of which London is only a part. Our work is [...]
A booming West End will be fatally undermined unless we pedestrianise Oxford Street June 21, 2015 Oxford Street needs to be pedestrianised. There is a growing consensus about this among traders, transport operators, and local councils. The question is when and how. The “when” is easiest to answer. The new east-west Crossrail line starts operating through Central London in four years’ time. It will generate a new surge of people coming [...]
As they sign a gas pipeline deal, should Europe fear closer links between Greece and Russia? June 21, 2015 John Lough, associate fellow in Chatham House’s Russia and Eurasia programme, says Yes. Russia wants to build the gas pipeline to reduce its dependency on gas transit through Ukraine – around 50 per cent of its gas exports to Europe pass through Ukraine. Greece is assisting Russia in its endeavour, and contributing to weakening Ukraine’s [...]
Inside the world of mine clearance: TDI’s Hugh Morris talks booby traps, Islamic State and why trust really matters June 21, 2015 There are 110m unexploded mines in the world today. And that’s the number under the ground – it doesn’t include those being stored, transported or created. “The saddest thing about Ukraine, Syria, Iraq, Libya is that this is destruction on repeat,” says Hugh Morris, founder and managing director of landmine clearance company The Development Initiative [...]
How entrepreneurs can gain from corporate social responsibility – Investec Comment June 21, 2015 Businesses of all sizes can enrich people’s lives through more than just the products or services they sell. Strategically chosen community partnerships can have valuable mutual benefits, and keep employees and clients inspired. To ensure your corporate social responsibility initiatives gain traction, you should partner with people whose values align with your own. A great [...]
Six CV mistakes that could end up costing you: Including personal details could leave you vulnerable to fraud June 21, 2015 In the fight to distinguish yourself from other job applicants, your CV should be your principal weapon. But with recruiters looking for any reason to bin your application, it is easy to shoot yourself in the foot. Here are some crucial errors to avoid. TOO MUCH PERSONAL INFO It may seem like a formality [...]
