OUT OF OFFICE January 11, 2012 HOCKNEY AT THE ROYAL ACADEMY, 21 JAN-9 APRIL A Bigger Picture showcases new landscape works by Hockney, spanning a 50 year period. It includes a display of his iPad drawings and a series of new films produced using 18 cameras, which will be displayed on multiple screens. www.royalacademy.org.uk OYSTER SHED TO OPEN IN CITY Whatever [...]
Fitch: ECB must do more to avert euro collapse January 11, 2012 The European Central Bank should ramp up its buying of troubled euro zone debt to support Italy and prevent a “cataclysmic” collapse of the euro, David Riley, the head of sovereign ratings for Fitch, said. Speaking to investors as part of a European roadshow, Riley said the collapse of the euro would be disastrous for [...]
Michael Page to expand in emerging markets January 11, 2012 Michael Page is to go ahead with plans to enter more emerging markets where the British recruitment company sees long-term growth opportunities, it said when reporting growth slowed further in the fourth quarter. Michael Page said Wednesday that, while being mindful of a tough global economy that has rapidly stunted growth levels over the course [...]
FTSE rally ends as investors eye Eurozone bond auctions January 11, 2012 The rally on the FTSE 100 yesterday stalled in early trading today as concerns over upcoming Eurozone bond auctions and slightly weaker commodity stocks took their toll. Heavyweight miners failed to keep up the gains made yesterday which were fuelled by positive data from China showing the country’s demand for metals had risen. Wall Street [...]
BAA traffic up as Heathrow has record December January 11, 2012 Traffic at airports operated by BAA rose last month with Heathrow enjoying its busiest December ever in terms of both passenger numbers and cargo which grew for the first time since February 2011 on an underlying basis. BAA, which is Britain’s main airport operator and majority owned by Spanish infrastructure group Ferrovial, said on Wednesday [...]
Trade deficit widens more than expected in November January 11, 2012 Goods trade deficit widened more than expected in November, unwinding the previous month’s record narrowing as exports fell and imports of o widened more than expected in November, unwinding the previous month’s record narrowing as exports fell and imports of oil and chemicals rose to record highs, official data showed. The Office for National Statistics [...]
Greggs in festive boost January 11, 2012 Baker Greggs posted a rise in sales over the Christmas and New year trading period and forecast more growth in 2012. The Newcastle, North East England-based firm, which sells bread, sandwiches, savouries, cakes and pastries to over 6 million customers a week, said on Wednesday sales at stores open over a year rose 5.1 per [...]
SABMiller in £4bn bond auction to finance Foster’s deal January 11, 2012 Global brewer SABMiller aid it had issued and successfully priced a $7bn (£4bn) bond auction with the proceeds used to repay part of the bank borrowing taken on for the purchase of Australian brewer Foster’ s late last year. The London-based brewer of Miller Lite, Peroni and Grolsch beer finalised the cash takeover of Foster’ [...]
SuperGroup sales jump over Christmas January 11, 2012 SuperGroup, the company behind the Superdry fashion brand, posted a 22 per cent rise in group sales over the key Christmas period as it overcame distribution issues which had dogged the firm in 2011. The company, whose clothes are a favourite of celebrities such as David Beckham, Leonardo DiCaprio and Zac Efron, said total sales [...]
Sainsbury’s sales top forecasts January 11, 2012 Grocer J Sainsbury beat Christmas sales forecasts as store extensions and its expansion into convenience outlets, online shopping and non-food ranges helped it weather a tough market. Britain’s third-biggest supermarket group behind Wal-Mart’s Asda and industry leader Tesco said on Wednesday sales at stores open over a year rose 2.1 per cent excluding fuel in [...]
