Best of the Brokers for 06 March 2015 March 5, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com CARILLION Numis reiterated its “hold” rating for the construction company. Howard Seymour from Numis said: “Carillion’s workload growth in Support Services especially has been impressive in 2014, and the outlook for revenue growth in key markets looks progressively.” MORGAN ADVANCED MATERIALS Berenberg initiated [...]
Aviva ensures FTSE stays near its record high – London Report March 5, 2015 ARALLY by insurance giant Aviva and same sector shares pushed the FTSE100 closer to record highs again yesterday. The blue-chip FTSE 100 index closed up 0.6 per cent at 6,961.14 points, near the 6,974.26 record it set this month. Traders said that European equities were further supported by confirmation that the European Central Bank (ECB) [...]
US stocks stall ahead of jobs report today – New York Report March 5, 2015 US stocks closed modestly higher in light trading yesterday as investors held back on big bets ahead of today’s jobs report, which is expected to be a big factor in influencing the timing of a Federal Reserve interest rate hike. Focus on the report was heightened as many investors see it as one of the [...]
The non-bank of Facebook, AliBay, and AI: The future of global fintech March 5, 2015 The global fintech industry has seen some remarkable developments since we launched Level39 two years ago. But what of the future? I’d like to suggest two possibilities for what might happen, and challenge one that, contrary to some current thinking, I don’t think will. FACEBOOK: THE NON-BANK BANK More than any other social media platform, [...]
How Britain can end the curse of infrastructure white elephants forever March 5, 2015 No question, Britain has an infrastructure problem. A fast-growing population, hitting 70m by 2030, no fiscal surplus for another five years, and no recovery to the national debt levels of 2007 until 2030 will put even further strain on it over the coming years. But financing infrastructure in an era of prolonged austerity requires some [...]
Would the failure to hold TV debates ahead of the election be a national embarrassment? March 5, 2015 Katie Ghose, chief executive of the Electoral Reform Society, says Yes Compared with other democracies, Britain has been extremely late to the party when it comes to TV debates. Voters around the world are used to hearing directly from party leaders in the run up to an election, and it gives them a chance to [...]
Art review: Inventing Impressionism is a joyous exhibition March 5, 2015 National Gallery | ★★★★☆ So familiar are the impressionists that it can be difficult to gain a sense of how revolutionary they were from our vantage point in the 21st century. The National Gallery, in its small but perfectly balanced new exhibition Inventing Impressionism, has come up with an ingenious way of evoking their iconoclasm [...]
Something for the weekend March 5, 2015 Our guide to the best things to eat, drink, watch and do, from yoga in an Alpine lodge to a skeletal horse in Trafalgar Square. Make sure you don’t miss out. EAT! SLOW FOOD & LIVING MARKET Head over to the Rosewood hotel in Holborn this weekend for a food market with an ethical twist. [...]
How to find a career-boosting mentor March 5, 2015 Just nine minutes a day is all you need to make your professional network more useful. Finding a mentor or sponsor is a great way to climb the career ladder, but as many as four in ten women could be missing out by avoiding networking altogether. In a recent study, 43 per cent of [...]
Evans spit was natural action, says Van Gaal March 5, 2015 MANCHESTER United manager Louis van Gaal has defended Jonny Evans over his spitting row with Newcastle’s Papiss Cisse, insisting the defender was only doing “something natural” by spitting on the floor. Cisse last night accepted a Football Association (FA) charge of spitting at Evans and is now set to face a seven-match ban, a harsher punishment [...]