Rivals circle Mouchel as cuts take toll December 6, 2010 OUTSOURCER Mouchel yesterday said it had recently received bid approaches, sending its shares soaring as they recovered a fraction of the ground lost in the wake of government spending cuts. The news overshadowed warnings that trading conditions remain challenging and that the company may have to turn to shareholders for fresh funds if it is [...]
Hunt unveils broadband plan December 6, 2010 BRITAIN should have a digital hub in every community to help it build Europe’s best broadband network by 2015, which could create up to 600,000 new jobs and add £18bn to GDP, the government said yesterday. Culture ministers Jeremy Hunt and Ed Vaizey, announcing an extra £50m for broadband pilots in remote and rural areas, [...]
EasyJet grows passenger numbers in November December 6, 2010 BUDGET airline easyJet carried 3.69m passengers in November, it said yesterday, an increase of 10.2 per cent on the same month in 2009. Its load factor – a key measure that determines how full planes are – increased to 85.7 per cent from 84.8 per cent, bringing the twelve-month rolling figure to 87.2 per cent. [...]
Otsuka to launch cut price IPO December 6, 2010 Japan’s Otsuka Holdings priced its $2.4bn (£1.53bn) flotation at the lower end of its range, reflecting worries the drugmaker will struggle to find a successor for its schizophrenia drug, Abilify. Otsuka has until April 2015 before its patent on Abilify expires, and investors said the company has no comparable products to replace it so far. [...]
Petrofac buys gas storage stake December 6, 2010 Petrofac yesterday snapped up a 20 per cent stake in the Gateway storage scheme in the Irish Sea for £33m. The deal, which will see Petrofac become joint developer, brings the development of a huge £1bn undersea container to tackle the UK’s shortage of gas storage, one step closer. Storage capacity in the UK?stands at [...]
SCENTS FOR CHRISTMAS December 6, 2010 Guerlain: Arsene Lupin fragrances Exclusively available at Harrods’ brand new centre of male indulgence, the Gentleman’s Lounge, and inspired by the French gentleman thief. £135 (100ml) www.harrods.com Carthusia: Uomo A subtle, luxurious fragrance with light refreshing top notes of sea air and fresh fruit, with warm, refined tones of leather and musk. £55 (100ml) from Avery [...]
4m to buy tablet this Christmas December 6, 2010 Over 4m Brits plan to buy a tablet computer like Apple’s smash hit iPad over Christmas, spending a total of £1.4bn, according to a survey. The research from price comparison site USwitch found a further 21 per cent of people plan to buy one within the next year – even though 94 per cent already [...]
OUT OF OFFICE December 6, 2010 SAVILE ROW SUIT UP FOR GRABS Fans of fine tailoring can get their hands on an exclusive bespoke suit made by Savile Row legends Norton & Sons in an online auction being held by industry body the Campaign for Wool. The suit will be made from wool woven by cloth merchants Taylor & Lodge from [...]
CITY MOVES | WHO’S SWITCHING JOBS December 6, 2010 RBC Wealth Management Royal Bank of Canada Wealth Management has announced the addition of two directors to its UK-based private clients team led by Philip Harris. Joanne Pickles (pictured) joins the firm from Barclays Wealth, where she has worked since 1999. Ross Jennings also comes from a wealth management background, having worked at Barclays Wealth [...]
Top City gyms for losing that seasonal flab December 6, 2010 NUFFIELD HEALTH & WELLBEING CENTRE 4 Cousin Lane, EC4R 3XJ www.nuffieldhealth.com 0845 2413836 Membership: £82-£96 per month Partly situated in dramatic arches next to the river near Cannon Street station, this is the biggest gym in the Square Mile, with four studios, three gym areas, two swimming pools and two spa pools, one of which [...]
