Are the CMA’s provisional recommendations enough to increase competition in the banking sector? October 22, 2015 Omar Ali, head of UK financial services at EY, says Yes The CMA’s provisional remedies will encourage competition in a market that’s already much more competitive than it was. We now have several credible challenger banks, a burgeoning fintech sector and a switching service better than most markets. But the CMA is right to [...]
Now is the time for Highland to finally take some Acclaim this season October 22, 2015 If at first you don't succeed, try, try and try again. Well, followers of HIGHLAND ACCLAIM will know that old proverb all too well and might think me mad for suggesting he can break his season-long losing habit at Doncaster (3.10pm) this afternoon. David O’Meara’s frustrating four-year-old will be having his 12th run of [...]
Manchester Derby predictions: City and United set to share the spoils in Sunday showdown October 22, 2015 In a weekend of derbies there are another two on Sunday. Sunderland versus Newcastle whets the appetite at midday, ahead of Manchester City’s visit to Old Trafford a couple of hours later. Manchester United claimed a 4-2 victory when the sides met there last season. The good news for anyone planning to tune in [...]
Rugby World Cup semi-finals 2015: Australian experience at the business end to prove crucial against Argentina October 22, 2015 Australia and Argentina round off the Southern Hemisphere showcase on Sunday. Much has been made of the Wallabies’ improved scrum courtesy of Argentine forward coach Mario Ledesma, but they creaked against the Scots and weren’t altogether invincible when they took on Wales, either. They’ll be put to the test in the set-piece by Argentina, [...]
Telecoms customer complaints have risen 35pc since 2012 October 21, 2015 It might not come as a surprise, but there are plenty of unhappy telecoms customers – 15,542 of them have complained over the past nine months, a 35 per cent increase over the past three years. The Ombudsman Services will release figures today showing that there has been a five per cent increase from this [...]
The UK is finally good at something, and it’s tweeting in the office October 21, 2015 Never mind that our Rugby World Cup hopes have been dashed, that shares in the UK’s FTSE 100 companies have been outperformed by those on the continent, that Britain doesn’t have as many female bosses as its European rivals. We have finally mastered something: tweeting at work. According to new research by social [...]
McCafferty: Rate hike justified by growth in credit October 21, 2015 SOLITARY Bank of England dissenter Ian McCafferty has said a recovery in lending justifies an interest rate hike coming sooner rather than later, especially if rates are to go up only gradually in future. McCafferty, who was the only member of the Bank’s monetary policy committee (MPC) to vote for a rate hike at the [...]
You want fries with that? Metro Bank opens a drive-thru branch October 21, 2015 METRO Bank is bringing a little slice of American life to London, with its first drive-thru bank offering customers cash “from the comfort of their cars”. Customers will be able to pay in cheques and withdraw cash at two drive-thru windows, staffed by cashiers in a retail park in Southall. The drive-thru branch will be [...]
FTSE ends day steady as hotel stocks surge – London Report October 21, 2015 Arally in InterContinental Hotels Group and Whitbread shares yesterday following their well-received results helped to keep the FTSE 100 steady. The blue-chip FTSE 100 ended 0.1 per cent lower at 6,345.13 points, outperforming a 0.4 per cent fall in the pan-European FTSEurofirst 300. The FTSE 100 index still trades about 11 per cent below its [...]
Best of the Brokers for 21 October 2015 October 21, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com POUNDLAND Investec has initiated coverage of Poundland with a “hold” rating and a target price of 300p. The broker said near-term profit benefits from the integration of 99p Stores are expected to return Poundland to 20 per cent growth or more in 2017 [...]
