OUT THIS WEEKEND PREVIEWS June 4, 2009 FILMANYTHING FOR HER Highly-praised French thriller starring Diane Kruger. SUGAR Superior baseball movie from the makers of 2007 indie hit Half Nelson. THE HIDE Intriguing, two-handed mini-drama, starring In The Loop’s Alex MacQueen. DVDVALKYRIE Tom Cruise and a host of British thesps fail as military plotters against Hitler. THE CURIOUS CASE OF BENJAMIN BUTTON Brad [...]
Large cap index flat as lack of direction stalls progress June 4, 2009 Gains in energy stocks, pharmaceuticals and banks outweighed losses in miners yesterday, leaving the FTSE 100 0.1 per cent, or 3.52 points, higher at 4,386.94. “The market’s evenly balanced. It’s discounting good news so although it may go higher over the next few weeks, it is slightly overvalued,” said Graham Secker, equity strategist at Morgan [...]
Law’s puckish interpretation of Hamlet is a palpable hit June 4, 2009 HAMLETWyndhams TheatreTHE second major celebrity to lift Yorrick’s skull this year, Jude Law has more at stake than David Tennant, after too many mediocre films and bad tabloid headlines. Luckily, in making the opening night without slipping a disc he’s already outdone the Timelord – and as it happens, he carries off Hamlet rather well. [...]
EXHIBITIONS June 4, 2009 TRACEY EMINWhite CubeWE have a slightly different Tracey Emin here from the one who thrust her unmade bed into Tate Britain a few years ago. Mature, Royal Academician Emin is hardly settling back with her pipe and slippers, but this is a show that puts the emphasis back on her skills of draftsmanship. Not that [...]
Dow rallies as oil keeps on climbing June 4, 2009 US MARKETS booked gains yesterday as the financial sector rebounded and energy and materials stocks became the subject of renewed buying activity. Oil prices were a major contributor, with crude futures closing up $2.69 at $68.81 per barrel – a seven-month closing high helped by Goldman Sach’s decision to boost its target price for the [...]
NOW SHOWING SIX OF THE BEST June 4, 2009 ART: Abstract America The Saatchi Gallery is hosting a display of the best of contemporary abstract art from emerging artists across the Atlantic. THEATRE: All’s Well That Ends Well The National Theatre’s acclaimed version of Shakespeare’s comedy, directed by Marianne Elliott. FILM: Spartacus A new showing for Stanley Kubrick’s historical epic, with Kirk Douglas as [...]
Final salary schemes on the way out June 4, 2009 PENSIONS analysts sounded the death knell for final salary pension schemes yesterday, after supermarket chain WM Morrison became the third major company in a week to end its scheme. The retailer’s decision to bring the curtain down on the scheme follows similar moves by Barclays, which transferred 18,000 staff to a hybrid scheme and energy [...]
Debenhams in call June 4, 2009 High street retailer Debenhams yesterday announced plans for a £323m fundraising to fulfill chief executive Rob Templeman’s plan to take its debt “off the agenda.” Debenham’s £900m debt mountain has cast a long shadow over the group’s trading ever since private equity firms Texas Pacific Group and CVC Capital Partners floated the business on the [...]
Cost cutting at Signet makes its profits sparkle June 4, 2009 Top jewellery retailer Signet Jewellers reported a higher quarterly profit yesterday as cost-cutting offset weak jewellery sales. The company, which runs Ernest Jones and H Samuel in Britain, said its initiatives to improve operational efficiency also helped it gain market share in the quarter. Signet reported a net profit of $26.3m (£16.4m) for the first [...]
WHAT IS THE FUTURE OF COMPANY PENSION SCHEMES? June 4, 2009 DUNCAN HOWORTH SOCIETY OF PENSION CONSULTANTS“Just as final salary pension scheme is the past, defined benefit contribution is unquestionably the future. There are many challenges before we see this form of provision deliver anything like adequate benefits. And employees need new tools to plan their retirement savings.” JOANNE SEGARS NAPF“Employers are no less committed to [...]
