OUT OF OFFICE December 14, 2009 BOO SAVILLE British artist Boo Saville has created a collection of prints that should be unsettling but are actually calming and contemplative – and quite beautiful. Her Ghost series works from images of dead bodies that Saville has found in books and the internet, but she lifts and changes the images through drawing and burning [...]
Taking on the rat race, the Fiennes way December 14, 2009 IF YOU thought there wasn’t much of a parallel to be drawn between sitting in the comfort of your office and trekking through a polar blizzard in the world’s most unforgiving wilderness, think again. Sir Ranulph Fiennes, the explorer and adventurer who probably knows more about the latter than anyone else on Earth, believes that [...]
ECONOMIC DIARY December 14, 2009 MONDAY 14 DECEMBER UK Rightmove house prices (12am) Bank of England Bulletin (12am) Eurozone Third quarter employment (10am) October industrial production (10am) Japan October industrial production (4.30am) TUESDAY 15 DECEMBER UK November RICS house prices (12am) November CPI and RPI (9.30am) October DCLG house price balance Eurozone December ZEW survey (10am) November new car registrations [...]
Markets set to start on the front foot after strong retail sales and sentiment figures December 14, 2009 UK and European markets are set to start the week on the front foot, with the momentum following the continued streak of better-than-expected data out from the States. GFT is quoting the FTSE 100 to open up 10 points from Friday’s close, at a level of around 5,271. The German DAX is also expected higher, [...]
THE TIPSTER December 14, 2009 SPORTS retailer Sports Direct is continuing to do well, rising to as high as 110p last week after opening Monday’s trading session at 102p. The stock lost some ground towards the end of the week, but there could be another recovery to come in the run up to Christmas. ShortsandLongs.com has a rolling spread of [...]
BREAKDOWN IN RISK TRADE NEXT YEAR December 14, 2009 JANE FOLEY RESEARCH DIRECTOR, FOREX.COM COUNTRIES’ public finances have dominated the headlines in recent weeks, but there is a good chance that this is just the tip of the iceberg. Whether it is wobbles in Dubai, debt downgrades in Greece, deteriorating outlooks in Spain and Ireland, or a pre-Budget Report in the UK, all of [...]
Punt on pints with the King of pubcos December 14, 2009 ARGUMENTS over beer are nothing new, but it was still interesting this week when brewers Greene King and Fuller’s started arguing about whose beer is the capital’s best-seller. Traditionally, Fuller’s London Pride has held the top spot, but its rival claimed this week that its Abbot Ale has overtaken it. It turns out that Pride [...]
Gilt prices fall off a cliff after Darling’s PBR December 13, 2009 IT IS probably fair to say that chancellor Alistair Darling’s Pre-Budget Report (PBR) has failed to calm investors’ fears over the state of the country’s public finances. In spite of yet another warning that Britain’s prized triple-A credit rating on sovereign debt was at risk, Darling slackened the pace of fiscal tightening over the next [...]
CITY MOVES | WHO’S SWITCHING JOBS December 13, 2009 RBC Wealth Management RBC Wealth Management has hired Shervin Mellegard, Samuel Palmer and Neil Jeffries as a managing director, director and wealth manager respectively in the UK domestic team. Mellegard, pictured, has over 20 years of experience in financial services, with his career having spanned commodities futures and securities trading at Merrill Lynch to private [...]
BEST OF THE BROKERS December 13, 2009 HMV Singer Capital Markets has maintained a “buy” recommendation on HMV despite the group posting reported interim results at the lower end of its expected performance. It said disappointment in Waterstones could be offset by growth of sales in other areas and cost savings at HMV. It set a target price of 174p. INTERCONTINENTAL HOTELS [...]