UK is bouncing back after slow start to the year May 6, 2015 A STRONG survey of the service sector firms has reaffirmed economists’ views that a slowdown in growth at the start of the year will prove to be temporary. The service sector purchasing managers’ index compiled by Markit scored 59.5 in April, according to figures released yesterday. Scores above 50 signify growth, with higher figures pointing [...]
British Media Awards 2015: Rising Star of the Year gong for City A.M.’s online editor Emma Haslett May 6, 2015 City A.M.'s online editor Emma Haslett was crowned Rising Star of the Year at the prestigious British Media Awards at the Brewery last night, putting the gloss on a huge year for City A.M., where its online audience has grown three-fold. Taking the title ahead of media luminaries such as the Mirror and the [...]
Integrated Diagnostics Holdings IPO: Bravest bankers in the City float on election day May 6, 2015 Deutsche Bank successfully priced a main-market flotation on the London Stock Exchange yesterday, on the eve of the most uncertain General Elections in decades. Despite claims that investors would not stump up funds at the time of a close vote, Integrated Diagnostics Holdings’ initial public offering (IPO) came through successfully. The stock even rose sharply [...]
21st Century Fox earnings down despite box office film successes May 6, 2015 Rupert Murdoch’s 21st Century Fox yesterday reported a hit to its earnings for the third quarter, after asset sales and the fact it did not show the Super Bowl. Net income fell seven per cent to $975m (£640m), from $1.06bn a year earlier. The media giant posted quarterly revenues of $US6.8bn, which were down from [...]
Panmure closes in on Charles Stanley division May 6, 2015 CITY broker Panmure Gordon yesterday said it was on the verge of buying Charles Stanley’s investment bank after a rival bid to buy the unit collapsed earlier this year. Panmure, led by chief executive Phillip Wale, has agreed in principle to buy the unit, which has contracts with 49 corporate clients. Mark Taylor, joint managing [...]
General Election 2015: What our business leaders want from the next government May 6, 2015 City leaders want the next government to back new businesses in a big way, supporting start-ups and promoting financial education in schools, according to a survey by City A.M. For the last three weeks, City A.M. has asked leaders of FTSE 100 companies and Tech City start-ups alike what policies would entice them to [...]
I would definitely vote for you if… What our panel said over the last three weeks May 6, 2015 NICK HUNGERFORD CHIEF EXECUTIVE, NUTMEG “Our future leaders could come from anywhere and entrepreneurial flair and spirit should be encouraged and nurtured at all levels of education.” MARTIN CLARKE CHIEF FINANCIAL OFFICER, AA “Get rid of the anomaly presented by wealthy foreigners (and those who are not so foreign) of using their non-dom status to enjoy a different [...]
2015 General Election Q&A: What happens if there’s a hung parliament? May 6, 2015 Q What is a hung parliament? A When no single party secures a majority of seats in the House of Commons, it is described as a hung parliament. Q How likely is it that today’s General Election will result in a hung parliament? A A total of 650 seats are up for grabs, so [...]
General Election 2015: After six weeks party leaders in final sprint to finish line May 6, 2015 Political party leaders took their battle-buses on gruelling final legs of their campaign tours last night, travelling across the country. Prime Minister David Cameron has taken part in a 36-hour tour of the country, which included Wales, Scotland, London and Devon. In the course of his travels he visited road building schemes, as well as [...]
General Election 2015: Five days in May that changed UK politics May 6, 2015 With the polls tight, Charlotte Henry looks at the process that brought about Britain’s first peacetime coalition government in May 2010 7 MAY 2010 Britain has a hung parliament. Nick Clegg appears outside his party’s headquarters, reiterating that his party will talk to the largest party, the Tories, first. David Cameron makes a [...]
