Bag it up baby: luxe goes practical October 10, 2011 NOTHING makes a female mouth water quite like a beautiful bag. And, as the City fashionista will know, practicality must merge with style for maximum wearability – after all, what’s the point in having a beautiful tote if you can’t show it off? With fashions changing like gusts of wind, it’s important to choose a [...]
Go softly: best winter cushions October 10, 2011 What and where to buy 1 Pomegranate Tree Roddy & Ginger £26, www.roddyandginger.co.uk 2 Robin Donna Wilson £67.99, www.donnawilson.com 3 We Had Everything Rob Ryan £47.29, www.etsy.com/shop/misterrob 4 Knitted Floor Cushion, Chartreuse Ferm Living £155, www.heals.co.uk 5 The Coloured-Sole Shoe “Shoes with coloured soles were as popular wggests Mark McNairy Derby shoes 6 Double Decker [...]
Banks slash IT contractors’ pay October 10, 2011 Banks including Nomura and Royal Bank of Scotland have cut pay rates for IT contractors and other temporary workers by 10 per cent and more as they take an increasingly hard line on costs. In a manoeuvre still rarely seen since the height of the financial crisis, Nomura, Japan’s biggest investment bank, cut wages for [...]
Greece saves Proton Bank October 10, 2011 Greece’s central bank said on Monday it activated a bank rescue fund to save Proton Bank, effectively nationalizing the small lender that is under investigation for possible violation of the country’s money-laundering laws. It is the first lender to be nationalized under the Financial Stability Fund (FSF), a safety net set up by Greece and [...]
FTSE solid as Eurozone pledge boosts confidence October 10, 2011 The FTSE 100 opened steadily this morning as investors eyed the news that Franco-Belgian bank Dexia has been rescued while Germany and France pledged to unveil a Eurozone debt crisis plan by the end of the month. German Chancellor Angela Merkel and French President Nicolas Sarkozy said after talks in Berlin on Sunday that their [...]
Germany and France to unveil Eurozone crisis plan by the end of month October 10, 2011 The leaders of Germany and France have promised to unveil new measures to solve the euro zone’s debt crisis by the end of the month, as international pressure builds for bold steps from Europe to avert an economic backlash of global proportions. German Chancellor Angela Merkel and French President Nicolas Sarkozy said after talks in [...]
German exports hit record level in August October 10, 2011 German exports rose to their strongest level ever in August, widening the trade surplus more than expected, official data showed on Monday, suggesting Europe’s bulwark economy remains on a growth path despite weakening expectations. Exports rose by 3.5 per cent on the month to 90.5bn euros (£78bn), data from the Federal Statistics Office showed, after [...]
Michael Page profit rise fuelled by emerging markets October 10, 2011 Recruitment firm Michael Page International reported third-quarter gross profit of £142.7m – a rise of 26.5 per cent to £112.8m compared with the same period the previous year. UK profits budged up by 0.3 per cent but international profits stormed ahead. Asia Pacific gross profit was £29.2m, up 44 per cent. In the Americas it [...]
Euro deal on hold as Dexia is saved October 9, 2011 NEGOTIATIONS between the Eurozone’s biggest economies appeared to have stalled yesterday as France and Germany refused to detail how they will recapitalise the region’s teetering banks. A highly anticipated meeting yesterday resulted in a bland statement by German chancellor Angela Merkel that politicians “are determined to do the necessary to secure the recapitalisation”, which the [...]
City wants vote on EU membership October 9, 2011 BRITAIN should hold a referendum on its future as a member of the EU, according to the majority of panellists on the City A.M./ PoliticsHome Voice of the City panel. The results of our latest survey of more than 400 finance and business professionals show that almost 60 per cent of the City think a [...]
