CITY MOVES | WHO’S SWITCHING JOBS May 15, 2011 Next Fifteen Communications Next Fifteen Communications Group has appointed Richard Eyre, chairman of the Internet Advertising Bureau and the Eden Project, to develop the company’s digital marketing strategies. Eyre has 35 years’ experience in media and marketing, including the roles of chief executive of ITV Network and chairman of GCap. He currently holds a number [...]
FTSE is likely to dip May 15, 2011 THE FTSE 100 index finished down around 50 points on the week last week; not a significant drop but the momentum is to the down-side as the blue chip UK index failed to hold a rally above 6,000 earlier in the session, and slumped on renewed global economic growth doubts and continued pressure on commodity [...]
WALL STREET WEEK AHEAD May 15, 2011 THE big money is calling a halt to the surge in stock prices. Declines in oil and metals prices are being seen by an increasing number of fund managers and strategists as a signal to get out of riskier areas of the equity market. And that means avoiding things like Chinese IPOs and sticking to [...]
RBS GIVES BACK WITH BORIS BUSINESS DEAL May 15, 2011 GOOD to see that RBS, 83 per cent owned by the taxpayer, is giving something back, after the bank donated £275,000 to Mayor of London Boris Johnson’s “Business Bootcamps”. The scheme, launched last Friday, aims to help London’s fledgling entrepreneurs get their businesses off the ground through a series of bootcamp-style workshops run by business [...]
BILL OF THE WEEK May 15, 2011 WHEN four Canary Wharf bankers visited the newly opened Boisdale in Cabot Place last week, following in the footsteps of launch guests such as Nancy dell’ Olio, they did full justice to the Scottish restaurant’s specialities. The group started with four plates of seafood before moving on to Scottish steak and vegetables. And for drinks? [...]
What to do if a hedge fund comes looking for your debt May 15, 2011 WITH bank loans tricky for small businesses to get their hands on, staying in the black is becoming more difficult. While this is terribly stressful for entrepreneurs, hedge fund managers are rubbing their hands together with glee. And if the stereotype is anything to go by those nasty chaps are determined to cut themselves a [...]
THE CITY MUST NOT FORGET ITS CREATIVE EDGE May 15, 2011 IT is no fluke that Britain’s young, creative businesses are concentrated in London. Two out of three international advertising agencies have their European headquarters in the capital. It is the home of one of the largest film centres in the world, some of the largest and most important fashion schools, design schools, stage schools and [...]
ENTREPRENEURS NEWS | IN BRIEF May 15, 2011 LoveFilm takes the BVCA prize LoveFilm and Mind Candy were badged as London and the South East’s best venture capital and private equity-backed businesses by the British Venture Capital and Private Equity Association (BVCA) this week. LoveFilm, acquired by Amazon in January, won the Exit Management Team of the Year award, while Mind Candy – [...]
Hedging your spread betting portfolio to limit downsides May 15, 2011 ONE of the biggest draws of spread betting is the sheer range of markets that are offered. If it moves, you can put a spread bet on it. But faced with this huge range of markets, there is always the temptation to simply find one sector and stick with it. But prudent investors should approach [...]
THE WEEK AHEAD in association with GFT May 15, 2011 COMPANY NEWS ● On Monday, Phoenix will release its first quarter trading update. The FTSE 250 insurance group specialises in the management and acquisition of closed life and pension funds. ● On Tuesday, Vodafone releases its final results. Analysts expect profits to be down on 2010 figures. ● There are plenty of AGMs throughout the [...]
