The new Jaguar estate. Yes…estate November 6, 2012 Why are we changing cars?” I ask, momentarily confused. Climbing out of Jaguar’s new XF Sportbrake and into exactly the same car – the top-end 271bhp 3.0-litre twin turbo diesel V6 version – makes no sense. And then it all becomes clear – the new car has a 50kg Smeg fridge in the back. This [...]
CAR TALK November 6, 2012 Jessica Ennis shows off the new Jaguar Olympian Jessica Ennis will be driving the new Jaguar F-Type at this year’s Lord Mayor’s Show on 10 November. Ennis has already driven the two-seater at Jaguar’s test track reaching a speed of 150mph. Ennis is a Jaguar Academy of Sport Ambassador and already drives an XKR. She [...]
British fashion reaps rewards at industry gongs November 6, 2012 The 2012 Global Fashion Awards was a very British affair this week. The annual event, which celebrates the best in fashion and retail across the world, saw many British companies walk away with several of the big awards. Victoria Beckham was one of the biggest winners of the night, beating stiff competition from the likes [...]
City facing new jobs bloodbath November 5, 2012 THE NUMBER of jobs in the City is set to hit a 20-year low as London firms continue to lay off staff in the face of ongoing economic turmoil. City A.M. has been given exclusive access to figures from the Centre for Economics and Business Research (CEBR) – and the prognosis for London’s financial services industry [...]
America votes in historically tight election November 5, 2012 VOTING is underway in one of the fiercest US elections in history, with the race likely to come down to whichever candidate’s voters turn out on the day. Neither competitor holds a clear lead: Barack Obama has the edge by 48 per cent to 46 in the final Reuters/Ipsos poll but Mitt Romney led in [...]
Bonuses of top execs fall 4.9pc November 5, 2012 FTSE 100 directors have seen their bonuses crash over the last year, according to new figures released this morning. Bonuses are down 4.9 per cent in the last year for directors on the boards of the top 100 companies on the FTSE, Incomes Data Services (IDS) unveiled today. Pay growth was narrowly above the rate [...]
City jobs bloodbath shows that backlash has gone too far November 5, 2012 IT is time to start worrying about London’s financial and business services industry. The City is in crisis, with job cuts spiralling out of control. As we report on our front page, City-style jobs – investment banking, securities, corporate finance, trading, research, derivatives and forex, fund management (including hedge funds and private equity), insurance and [...]
What the other papers say this morning November 5, 2012 FINANCIAL TIMES Italian police seize castle in tax probe Italian police have confiscated €65m of assets, including a 15th century castle, from the Marzotto family for suspected tax evasion connected to the 2007 sale of the Valentino fashion brand. The Marzottos are under investigation over the €2.6bn sale of Valentino and its Hugo Boss subsidiary [...]
City job losses due to fall in trading volume November 5, 2012 TODAY’S prediction that the number of City jobs will continue to fall can be directly linked to a recent collapse in trading activity on the London markets. Despite signs of green shoots elsewhere in the economy the City continues to struggle, causing many leading firms to re-examine their cost bases according to the Centre for [...]
UK services in slowest growth for 22 months November 5, 2012 THE UK SERVICE sector made a weak start to the fourth quarter, falling to its slowest rate of growth in nearly two years, according to a business survey out yesterday. Analysts said the sharp slowdown added to the likelihood that GDP will move back into contraction in the fourth quarter, and could boost the case [...]
