Foyles plans new flagship branch in Charing Cross February 27, 2011 FOYLES plans to move its flagship Charing Cross bookshop after its property holding company bought a nearby building. Noved Investment Holdings has snapped up 107-109 Charing Cross Road, currently home to the Central St Martins School of Art, and the bookseller hopes to refurbish and move within two years. Architects at Lifschutz Davidson Sandilands have [...]
Rolls-Royce tops list of best British brands February 27, 2011 AN independent industry survey has named the UK’s top ten business-to-business brands, with engineering company Rolls-Royce knocking Microsoft off the top spot to take first place. Either Microsoft or Google has held the number one position since 2007, but they slipped this year to third and fourth position respectively. Technology still dominated the list, with [...]
The boss of the world’s largest law firm has more targets in his sights February 27, 2011 Britain’s most ambitious legal empire-builder bounces into one of his firm’s 11th floor meeting rooms in its modern London headquarters near St Paul’s – Sir Nigel Knowles, who has built DLA Piper from humble beginnings into a global powerhouse, is in the middle of completing another merger. Luckily for us, he is keen to talk. [...]
Positive momentum to continue as oil fears lessen February 27, 2011 THE fighting in Libya was a dominant theme for the markets last week, and is set to continue to be so, with Saudi Arabia’s pledge to bridge any shortfalls in oil production stabilising crude prices and likely to provide some underpin to stock markets at least for the open today. Assuming the London Stock Exchange [...]
WALL STREET WEEK AHEAD February 27, 2011 FOLLOWING the S&P 500’s worst week in 15, investors are trying to determine whether the predictions of a correction have been fulfilled or if there’s still downside ahead as oil prices remain at elevated levels. Along with the direction of oil, potential market movers for traders will be the February payrolls report, which will be [...]
CITY MOVES | WHO’S SWITCHING JOBS February 27, 2011 HSBC Holdings Europe’s largest bank has appointed Laura May Lung Cha as independent non-executive director. She previously served as vice-chairman of China Securities Regulatory Commission (CSRC) and she is currently a non-executive deputy chairman of The Hongkong and Shanghai Banking Corporation Limited. Vincent Cheng also announced his retirement as executive director at HSBC. Barclay Meade [...]
BEST OF THE BROKERS February 27, 2011 TAYLOR WIMPEY Deutsche Bank rates the housebuilder “buy” with a 48p price target. The broker expects a slight drop in sales to £1.4bn when the firm reports its half-year results on Thursday, while it predicts an 11 per cent drop in completed sales. Deutsche Bank hopes the firm will update on its North American asset [...]
COMPANIES KEEN TO HIT THE ROAD FOR EVENTS February 27, 2011 WITH the Bribery Act and its new rules on corporate hospitality fast approaching, firms could be forgiven for dialling back the perks and avoiding client entertainment for the time being. But according to research by Keith Prowse, the big events on the UK calendar are still pulling in the punters – with next month’s 100th [...]
Gunners blow big chance by shooting themselves in foot February 27, 2011 ARSENAL (1) vs BIRMINGHAM (2) ● Birmingham snatch Carling Cup with gift of a late winning goal ● Scapegoats Koscielny and Szczesny ‘destroyed’ by costly blunders CRESTFALLEN Arsenal manager Arsene Wenger called on his players to prove they have the resilience to resume their quest for long-awaited silverware after surrendering the Carling Cup to Birmingham [...]
Credibility of Wenger’s grand scheme is at stake February 27, 2011 DEFEAT leaves Arsenal facing a mammoth challenge in the remaining three months of the season. And there is far more than a domestic pot resting on it; nothing less than the credibility of manager Arsene Wenger’s masterplan is at stake. The Frenchman (right) has tested the patience of even the most ardent Gunners fan over [...]
