Research finds taking exercise beats going to the pub by a mile May 31, 2015 IF YOU thought most of the nation was overweight or obese, and that taking exercise was far less popular than going to the pub, think again. Research conducted on 2,005 British adults for Breast Cancer Care found that almost two-thirds (65 per cent) of us indulge in weekly exercise, while just a third (34 per [...]
William Hague gets new private sector role with Teneo May 31, 2015 Former foreign secretary William Hague has taken a high-profile new job in the private sector. Hague, who was leader of the Conservative party from 1997 to 2001, has joined Teneo Holdings, an international business consultancy with ties to former US president Bill Clinton and former prime minister Tony Blair, the Sunday Times reported yesterday. [...]
China opens up card market to US competition May 31, 2015 A CHINESE rule change will come into force today, allowing foreign payments firms such as Visa and Mastercard to apply for licences to process domestic bank card transactions. Following approval, the firms will be able to clear transactions that until now were monopolised by state-backed China Union Pay. The regulation change follows a 2012 ruling [...]
Entertainment One rejects claim it will move listing to New York May 31, 2015 ENTERTAINMENT One, the media company that makes the popular children’s programme Peppa Pig, has denied rumours that it is looking to move its stock market listing across the Atlantic to New York. The company spoke up yesterday, after reports emerged that it was considering shifting the stock exchange on which it is listed from the [...]
Analysts predict a construction bounce back after election dip May 31, 2015 THE CONSTRUCTION sector declined sharply in the run up to the General Election, according to figures published today by industry analysts Glenigan, but a quick rebound is expected. The Glenigan index for June, which covers the value of projects starting on site during the previous three months, has fallen 10 per cent compared with the same time [...]
City Moves for 01 June 2015 | Who’s switching jobs May 31, 2015 Aviva Investors The asset management firm has appointed James Tothill as head of third party sales. He joins from Aria Capital Management, where he was head of strategic partnerships. Tothill has also previously worked as head of global partnerships at Henderson Global Investors. State Street Effie Datson has been appointed global head of product for [...]
Mobile devices to drive growth in British media consumption May 31, 2015 Brits will consume media for nearly 10 hours a day this year, an increase of six minutes from 2014. A report by Zenith Optimedia found that Brits will spend 583 minutes a day consuming media, from newspapers to web media, a 12 per cent rise form 2014. The rise has been prompted by a boost [...]
Business group says PM has laid out a detailed EU reform agenda May 31, 2015 PRIME Minister David Cameron has presented a clear list of the changes he wants to secure in his renegotiation efforts with the European Union, a leading business group has said. In a new report, the Eurosceptic group Business for Britain said that despite not publishing a formal list of demands, the Prime Minister has “set [...]
You are working for yourself, not the taxman, from today May 31, 2015 THE AVERAGE worker has spent the entire year until yesterday working for the government, and only now will earn for themselves, according to a study from the Adam Smith Institute. Its Tax Freedom Day report studies the government’s overall tax take, including charges on spending as well as income, and uses the calendar year to [...]
Best of the Brokers for 01 June 2015 May 31, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com BALFOUR BEATTY Numis reiterated its “add” rating for the UK construction company. Performance to date has been excellent in the investment division, which makes up 70 per cent of the group market capitalisation. MARSTON’S Canaccord Genuity reiterated its “hold” rating for the British [...]