CITY MOVES | WHO’S SWITCHING JOBS June 9, 2011 Barclays Wealth Calum Brewster has been appointed as a director within Barclays Wealth’s wealth management and private banking business, based in Glasgow. Brewster will join on 21 June from Lloyds Banking Group, where he is head of customer experience and strategy in the life pensions and investment division, responsible for a team of 150 staff. [...]
BEST OF THE BROKERS June 9, 2011 RESOLUTION Citi rates the insurance company a “buy” and has a target price of 367p. The broker has raised its earnings per share forecasts to 30p from 27.8p for the year as a result of the firm’s share buyback, and believes that Resolution will continue to deliver up to £600m capital returns due its over-capitalisation. [...]
Mining shares rebound and oil stocks rise on supply fears June 9, 2011 MINERS rebounded from the previous day’s sharp sell-off to help push Britain’s top share index higher yesterday, while oil stocks tracked crude higher on supply fears. The FTSE 100 closed up 47.45 points, or 0.8 per cent, at 5,856.34, having bounced well clear of the session low of 5,795.00, although thin volumes exaggerated the index’s [...]
Wall Street ends its six-day losing streak June 9, 2011 WALL Street ended higher for the first time in over a week yesterday, with the Dow and the S&P 500 rising 1 per cent at one point, but many analysts saw the rebound as short-lived. A report showing record US exports in April eased some concerns about a stalled economic recovery, which had been weighing [...]
Savvy investors will soon be taking to water June 9, 2011 FORGET yachts, successful City boys and girls will be cruising to work on boats in the years to come. Marinas are springing up alongside London’s Thameside developments. Chelsea’s flashy 1,000-apartment Imperial Wharf has just opened a marina, while Vauxhall’s St. George Wharf is building a river taxi pontoon on its doorstep that will open in [...]
Architects cast an expert interior eye June 9, 2011 FREELANCE writer Elisa Wickham and her partner were faced with a debate two years ago when they began renovating the interior of their promising, but outdated shabby three-bed property in N7: Pay an architect to advise or go direct to a builder? “Neither us have any building abilities and we don’t have massive incomes so [...]
BRAINTREE, ESSEX June 9, 2011 GRESHAM HOUSE, BRADFORD STREET Price: £749,95 This listed property runs across four floors and retains a number of period features. The house has six bedrooms, two bathrooms, three reception rooms including an orangery. There is a small playroom, kitchen, living room, laundry, utility room, office and cloakroom. There is a gym in the basement. Contact: [...]
SELL June 9, 2011 MANAGING DIRECTOR OF CENTRAL LONDON ESTATE AGENCY, KAY & CO Q.I have £500,000 in cash to invest in a buy-to-let flat in central London. What should I buy? A.One-bedroom apartments are always in demand in central London which fits in well with your budget. I would recommend that you look for a property with a low [...]
Architectural landmark and family home June 9, 2011 WHOEVER ends up buying the White Cottage, on a quiet road at the south west corner of Wandsworth Common, will not only become owner of a supremely elegant family home, but custodian of a highly unusual piece of architectural history. The house, built in 1903 and on the market for £5m, is the work of [...]
City of London festival goes Down Under June 9, 2011 A TROOP of didgeridoos playing a live chorus for commuters set the tone for this year’s much-anticipated City of London Festival. On June 28th, the atmospheric instruments will serenade workers arriving on each of the City’s five main bridges (Blackfriars, Millennium, London, Southwark and Tower Bridge) as they head to work. This year, in case [...]
