The Crime Lord: Peter Capaldi on the manosphere, London and rocking out with his band as he approaches 70
2016 US Election: Libertarian Rand Paul starts Presidential run April 7, 2015 Republican senator Rand Paul yesterday officially announced he is running for the White House in 2016, with a pledge to end political dysfunction in Washington. “I am running for President to return our country to the principles of liberty and limited government,” he said on www.randpaul.com. Yesterday’s announcement makes Paul the second major Republican figure [...]
Lewis Hamilton and Nico Rosberg are great salesmen for Mercedes – Brand Index April 7, 2015 Mercedes swept all before it in last year’s Formula One championship, and this year, they seem to be the cars to beat – barring a strong showing by Ferrari. But how has the success of the all-conquering F1 cars, driven by Lewis Hamilton and Nico Rosberg, affected the perception of the overall brand, given that [...]
Savills boss Jeremy Helsby gets £2.2m after record year April 7, 2015 THE PROPERTY market may be something of a minefield to navigate currently, with supply pressures and low interest rates on the one hand and the mortgage market review and the threat of new taxes on the other. But there are no jitters at upmarket estate agent Savills, which awarded its executive directors a healthy jump [...]
City Moves for 08 April 2015 | Who’s switching jobs April 7, 2015 Marsh The insurance and risk management firm has appointed Sally Williams as director of risk and governance. She joins from National Australia Bank Group, where she was head of risk, London branch. Williams has also worked as group director of risk at Aviva. Legal & General Investment Management The asset management firm has announced two [...]
Best of the Brokers for 08 April 2015 April 7, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com WIZZ AIR Citi has initiated coverage of Wizz Air with a “buy” and a one-year target price of 1,630p after the company made its market debut last month. The broker said central and eastern Europe offers “substantial air traffic growth” and Wizz Air [...]
FTSE continues upward surge – London Report April 7, 2015 THE BENCHMARK FTSE 100 rose nearly two per cent yesterday as trading resumed after the Easter weekend. Shares around the world have been boosted by hopes that the US Federal Reserve will push back rate rises following weak American jobs data last week. The benchmark FTSE 100 index closed up 128.31 points, or 1.88 per [...]
Wall St slips on strong dollar – New York Report April 7, 2015 A STRONG dollar sent US stocks slightly lower yesterday, reversing course late in the session as optimism about deal news disappeared. The Dow Jones industrial average fell 5.43 points, or 0.03 per cent, to 17,875.42, the S&P 500 lost 4.29 points, or 0.21 per cent, to 2,076.33 and the Nasdaq Composite dropped 7.08 points, or [...]
General Election 2015: A Labour-SNP alliance could be a fillip for markets – but not for long April 7, 2015 Of all the possible outcomes of the General Election, one scenario in particular has concerned segments of the business and investor communities. A minority Labour government supported by SNP MPs is seen by some investment commentators as a challenging combination. Although Labour has ruled out a formal coalition, there may still be the possibility of [...]
Mutuals will now be able to issue shares – transforming competition in finance April 7, 2015 The Mutuals’ Deferred Shares Bill received Royal Assent last month. The Act will give mutual businesses a new option to raise tier one capital in the form of deferred shares. This is good news for leading mutuals like LV=, but what will this mean in practice and does it change the competitiveness of mutuals in [...]
Capitalism isn’t a recipe for perpetual crisis: It’s both stable and resilient April 7, 2015 The financial crisis did succeed in creating at least one dynamic new industry. Since the late 2000s, there has been a massive upsurge in op-ed pieces, books and even artistic performances offering a critique of capitalism. A founder member of the Monty Python team, Terry Jones, is the latest to get in on the act [...]