Arsenal to win at Watford but will be made to work hard for it October 15, 2015 Arsenal's habit of bursting out the blocks and stumbling over the line has been a hard one to shift. Almost as difficult as Arsene Wenger has found shaking off the Emirates dissenters. The ‘Wenger Out’ brigade can point to a disastrous start in Europe, where the Gunners are staring at group stage elimination, [...]
Rugby World Cup 2015 injuries are a leveller but Ireland should still prevail over Argentina October 15, 2015 The Welsh injury list may be more substantial, but Ireland’s is surely more critical. Against France, talismanic captain Paul O’Connell was stretchered off, while Johnny Sexton limped from the field of play and remains a doubt for Sunday’s clash with Argentina. The back row looks bare too, with freight-train flanker Sean O’Brien banned, [...]
City Moves for 15 October 2015 | Who’s switching jobs October 14, 2015 BROWN RUDNICK The law firm has appointed Nicola Kerr as a partner in its corporate team in London. She was previously European head of employment at King & Wood Mallesons (formerly SJ Berwin) for over 15 years, and advises on contentious and non-contentious employment law issues. DEUTSCHE ASSET AND WEALTH MANAGEMENT Stefan Kreuzkamp has been [...]
Best of the Brokers for 15 October 2015 October 14, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com WH Ireland maintained its “buy” rating on the luxury furnishings business, following interim results which showed a positive performance. The broker noted that “investment has continued to be made across the business, which should help to underpin growth over the coming years”, and [...]
FTSE ends lower on China and housing data – London Report October 14, 2015 THE FTSE 100 closed down for the third session in a row yesterday following data from China that showed deflationary pressures mounting. The index was 1.15 per cent lower at the close, at 6,269.61 points. Stocks with exposure to China fell, including Standard Chartered and luxury retailer Burberry Group, which ended the session 1.46 per [...]
Wall St slips on Wal-Mart and JP Morgan – New York Report October 14, 2015 A SLIP by Wal-Mart after issuing a weak profit forecast, dragging down other big retailers, and JP Morgan’s disappointing results yesterday led to US stocks falling. The Dow Jones industrial average fell 157.14 points, or 0.92 per cent, to 16,924.75, the S&P 500 lost 9.45 points, or 0.47 per cent, to 1,994.24 and the Nasdaq [...]
My modest proposal to make petty regulation unenforceable October 14, 2015 The people of the United Kingdom, United States, and the European Union are all beset by armies of bureaucrats enforcing stupid, pointless rules. By “stupid, pointless rules,” I don’t mean regulations that prevent smokestacks from belching noxious smoke or ensure that coal mine tunnels are safe, but thousands of regulations that are petty in themselves [...]
EU referendum: The cost of the European Union has always outweighed its benefits – but fear could still kill Brexit October 14, 2015 This may surprise you. Right at the outset of our entry into the then Common Market, the economic assessment of UK membership was negative. Flash-forward to the present, and the academic evidence shows that the gains from the Single Market aren’t really sufficient to outweigh all the costs of EU membership. In the early [...]
The war on the driver is a war on freedom – and autonomous cars are part of the problem October 14, 2015 Freedom-hating municipal politicians have it in for the motorist: London has its congestion charge, Dublin is closing off ever more of its urban core, and Paris is now experimenting with sporadically banning all private transport. Young people, faced with turbo-charged costs, onerous restrictions and absurd taxation – not to mention rising housing costs – [...]
As the UK unemployment rate hits a seven-year low, should the Bank of England raise interest rates imminently? October 14, 2015 Andrew Sentance, senior economic adviser to PwC and a former member of the Bank’s Monetary Policy Committee, says Yes. There is little indication that the UK labour market is softening. Employment has hit a new high on the data series which goes back to the early 1970s. Vacancies are significantly higher than before the financial [...]
