Who Killed Lucy Beale? proves to be a winner for BBC – Brand Index March 3, 2015 After 30 years of “get aht of my pub” and cliff-hanger endings, BBC One celebrated EastEnders longevity with a series of live shows broadcast, culminating in one of the soaps biggest “whodunits?” ever. At the end of a week of suspense and live broadcasts, viewers were left aghast after it was revealed that 11-year-old Bobby [...]
Bets are off in Macau as graft crackdown hits March 3, 2015 A CRACKDOWN on corruption in China kept high-stakes gamblers away from Macau during the peak Lunar New Year holiday period, causing gaming revenue to almost halve. Gross gaming revenue in the world’s biggest gambling hub fell 49 per cent to 19.5bn patacas (£1.6bn) last month, Macau’s Gaming Inspection and Co-ordination Bureau said. Macau last year [...]
UK commercial space flight is one giant leap closer to lift off March 3, 2015 COMMERCIAL space flight from the UK is closer to blast off, after a three-month consultation on spaceport locations shut yesterday. The Civil Aviation Authority (CAA) updated a list of potential sites, after receiving responses from various parties on what would be Europe’s first commercial spaceport. Campbeltown, Glasgow Prestwick and Stornoway in Scotland, Newquay in England [...]
City Moves for 04 March 2015 | Who’s switching jobs March 3, 2015 Towers Watson The professional services firm has announced the appointment of Kate Hollis to its credit research team. She joins from S&P Capital IQ, where she was most recently global head of fixed income/alternatives fund research. Hollis has over 30 years’ experience in the industry, and has also held fixed income sales and trading positions [...]
Best of the Brokers for 04 March 2015 March 3, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com RSA Panmure Gordon reiterated its “sell” rating on the insurer, due to the fact that its recovery “is taking much longer than anticipated”. The broker also said it thinks consensus forecasts are too high and that they will fall in the next few [...]
FTSE dragged by Smith & Nephew – London Report March 3, 2015 BRITAIN’S blue chip share index gave up early gains for a third straight session yesterday and dropped back from record highs as prospects for a takeover of Smith & Nephew dimmed and its shares slumped. The FTSE 100 index was down 51.51 points, or 0.7 per cent, at 6,889.13 points at the close, not far [...]
Wall St falls as caution returns – New York Report March 3, 2015 US SHARES finished down yesterday, a day after the S&P and Dow hit records, and the Nasdaq retreated with technology stocks. The Dow Jones industrial average fell 85.26 points, or 0.47 per cent, to 18,203.37, the S&P 500 lost 9.61 points, or 0.45 per cent, to 2,107.78 and the Nasdaq Composite dropped 28.20 points, or [...]
Budget 2030: What will chancellors of the future have to grapple with? March 3, 2015 Red box at the ready: it’s two weeks until George Osborne delivers his final Budget of this Parliament. As it is happening only days after Nesta’s future-gazing London festival FutureFest (taking place on 14 and 15 March), we’ve been speculating as to what the Budget in 2030 might look like. Let’s take a look into [...]
Mario Draghi calling: Why the ECB’s QE may struggle to reach €1 trillion March 3, 2015 The European Central Bank’s (ECB) version of quantitative easing (QE), which was announced to much fanfare in January, involves the purchase of bonds from both institutions and individuals. ECB president Mario Draghi hopes that the proceeds of these sales will be used to buy other assets or to lend, thereby oiling the wheels of the [...]
There’s nothing inevitable about slower growth – but we must embrace change March 3, 2015 Are we doomed to secular stagnation, to permanently lower rates of economic growth? The debate was sparked off nearly a decade before the financial crisis by the top US economist Robert J Gordon. He took a pessimistic view of the impact of the new wave of technology on productivity and economic growth. The latest contribution [...]
