Best of the Brokers for 10 February 2015 February 9, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com SUPERGROUP Cantor Fitzgerald reiterated its “buy” rating on the clothing firm, and said the company was continuing to develop and broaden its ranges, which are “now recognised as premium product at competitive prices”. The broker added that “the toning down of the Superdry [...]
HSBC scandal takes the spark out of the FTSE – London Report February 9, 2015 THE UK’s top share index edged lower yesterday, hurt by a fall in HSBC after the bank admitted tax failings at its Swiss unit and by softer utility stocks. The blue-chip FTSE 100 index was down 0.2 per cent, or 16.29 points, at 6,837.15 points by the close, with United Utilities, National Grid and Severn Trent [...]
Greek drama and Chinese data hits US – New York Report February 9, 2015 INTERNATIONAL economic news disappointed the US market yesterday as stocks fell on worries about Greek debt negotiations and disappointing Chinese economic data on top of uncertainty about US interest rates. After the market’s strong week last week, nine out of 10 S&P sectors finished down yesterday, with healthcare and utilities the worst performers. Only energy finished [...]
How regulators’ focus on culture is offering banks a chance to get ahead February 9, 2015 As the acid rain of fines and litigation costs wore away profits, last year will no doubt be remembered as the year that an ethical problem for banks became a financial one. In 2014, the fines levied by the Financial Conduct Authority (FCA) hit almost £1.5bn. Against this backdrop, the role of regulators will come [...]
Anti-business? The Labour Party’s real problem is that it’s anti-market February 9, 2015 The war of words between Boots and the Labour Party has led to much political soul-searching. The salient question seems to be: “is Labour anti-business?” This is not particularly interesting. “Business”, after all, is not some homogenous entity. Many claim to be the “voice of business,” but the loudest tend to be those representing the [...]
Why it’s high time we had a new solution to help charities innovate February 9, 2015 WHEN Britons dig deep into their pockets to help good causes, it’s an impressive sight. Last year, private individuals gave away the best part of £10.5bn. That’s terrific news for UK charities, but it also sets them a challenge. Once entrusted with this cash, how should the voluntary sector make best use of it? Take [...]
Will Miliband’s pledge to double paid paternity leave inhibit business growth and productivity? February 9, 2015 John Longworth, director general of the British Chambers of Commerce, says Yes Businesses have had to manage half a dozen changes to parental leave in the past decade. While these changes are a step in the right direction for families wanting greater flexibility, Labour’s proposal is another burden for small and mid-sized businesses (SMEs) at [...]
General Election 2015: The key battlegrounds – CNBC Comment February 9, 2015 The state of the UK economy compared to how it was five years ago, and when compared to the EU at the moment, is impressive. Fragile, but impressive nonetheless. And the Coalition should be commended for that. But let’s make one thing clear: one of the main reasons this has been achieved is that the [...]
Real Forex Volume: The new kid on the trading block – DailyFX Tips & Picks February 9, 2015 AT TIMES, trading is an information arms race, where the traders with the best knowledge and the discipline to stick to their ideas tend to do better than those who trade on a whim. With this in mind, traders may be interested to hear that FX brokers have started to share their trading volume in [...]
Car review: The BMW X6 M is a sledgehammer on stilts February 9, 2015 There’s no point wisecracking about BMW’s coupe-like X6 SUV – BMW has heard all the jokes. And while you might find this “lifestyle” proposition a 4×4 too far, its German maker is happy to have the last laugh; the X6 sells well, just not in traditional 4×4 markets. You’ll need to look further afield to [...]
