Business morale dips in Belgium July 25, 2011 Business confidence in Belgium dropped for the fourth month in a row in July. The Belgian national bank index fell to minus 2.5 in July from minus 1.1 in June. Economists had expected the index to decline to around minus 2.1. “The services sector sub index actually rose from 10.4 to 13.9, while all other [...]
SMALL FIRMS AT RISK FROM SPIRALLING COSTS July 25, 2011 RISING costs are crippling UK businesses, a study by the Centre for Economic and Business Research (CEBR) shows today. Cost inflation is stifling the growth of three quarters (74 per cent) of small firms, with over half the country’s small companies fearing for their survival if costs continue to soar. There has been a 23 [...]
CITY MOVES | WHO’S SWITCHING JOBS July 25, 2011 Lloyds TSB Commercial Finance The asset-based finance providers has appointed Ian Larkin as managing director, to replace the departing Simon Featherstone. Larkin will head up the business that provides a range of asset based finance facilities and complementary products. He joins from the commercial banking division of Lloyds Banking Group, and was previously managing director [...]
BEST OF THE BROKERS July 25, 2011 DIAGEO Nomura rates the drinks giant as a “buy” with a target price of 1261p, and expects the company’s full year results to confirm the revenue increases seen in its third quarter. The broker sees further M&A prospects for the brand in global spirits, following acquisitions earlier this year in Turkey and Vietnam. A more aggressive [...]
FTSE knocked by US default worry July 25, 2011 BRITAIN’S leading share index slipped back yesterday, weighed by weakness in financial issues on fears of a possible debt default by the United States, with investors’ attention switching to precious metal miners and defensively-perceived sectors. At the close, the FTSE 100 index was down 9.76 points, or 0.2 per cent at 5,925.26, snapping a four-session [...]
Fears dent Wall Street July 25, 2011 US stocks dipped in trading yesterday as lawmakers remained in a standoff over raising the debt ceiling to avoid default, but investors were convinced a compromise will be reached before next week’s critical deadline. Trading volume, however, was light even for a seasonally quiet period, suggesting investors were holding to the sidelines. The Dow Jones [...]
Why CFD traders should take positions on indices July 25, 2011 CONTRACTS for difference (CFD) lend themselves to trading on indices. Where investors would usually be restricted to taking a position on one particular asset, index trading through CFDs enables you to invest in segments of the market, or even the health of the broader national market. And with the current volatility in the markets, traders [...]
THE EUROZONE SUFFERS FROM GREECE’S DEBT July 25, 2011 EQUITIES staged a strong rally for most of last week, as European leaders and the European Central Bank (ECB) managed to reach agreement on a second Greek bailout package. At first glance, the proposed measures appeared far bolder than many analysts expected. Previously, policymakers were accused of being too tentative in their response to the [...]
Fresh, organic and utterly perfect July 25, 2011 Roganic 19 Blandford Street, W1U 3DH Tel: 0207 4860380 www.roganic.co.uk FOOD ***** SERVICE ***** ATMOSPHERE **** Cost per person without wine: £55 or £80 WHERE to start with Roganic? It could be with the bad pun of a name, or the temporary nature of the place, or the exalted Lake District restaurant which begat this [...]
Lazy man yoga is great for you – without the sweat July 25, 2011 IN the event, lazy man yoga doesn’t have an awful lot to do with yoga. It turns out to be more like a post-workout stretch session. There are no floor-mats, no mantras and no dogs, downward-facing or otherwise. There’s a lot of stretching, but it’s more or less done for you by your therapist who [...]