UK FUTURE IS NOT AS BLEAK AS ELSEWHERE June 7, 2009 JANE FOLEYRESEARCH DIRECTOR, FOREX.COMNOW that the panic that followed the collapse of Lehman last September has subsided, the demands on policymakers have altered. What was needed at the height of the financial crisis was a quick and heavy-handed response to prevent the world economy sliding into depression. Now that economic data is suggesting that the [...]
Optimists start to look towards cyclical equities June 7, 2009 SPREAD betting on individual equities or sectors is a tricky task, especially at the moment when the timing of an economic recovery is still not entirely certain. Overall sentiment is picking up but companies are still downbeat about their future prospects – so how can spread betters try to make sense of the equity markets [...]
MARTIN ON THE MARKETS June 7, 2009 THE markets will have to digest a constant barrage of rumours and supposition over the future of Gordon Brown as well as the incumbent government this week, with any continued uncertainty likely to weigh on the UK markets. UK industrial and manufacturing production numbers will be watched for signs of improvement on Wednesday after the [...]
THE LONDON REPORT June 7, 2009 CORPORATE data due out this week could help to steer the market, particularly with regards to retailer and consumer stocks, while investors in Independent News & Media will be hoping for an update on the future of the ailing publisher at its annual meeting on Wednesday. Today’s 17-week trading statement from JD Sports Fashion is [...]
BACK TO THE CORE June 7, 2009 THE world’s technology bloggers are convinced that Steve Jobs, Apple’s charismatic boss, is about to make a comeback to the group after a long layoff with illness. There are rumours that Jobs, who has been off since January, may appear at Apple’s software developers’ conference this week in San Francisco.
GMTV boss joins NetplayTV June 7, 2009 Clive Jones, the chairman of GMTV, is joining the board of gaming group Netplay TV as non-executive chairman. Netplay TV, which is headed up by chief executive Martin Higginson, runs television and internet channels which offer interactive gaming.
Dairy farmers lose savings June 7, 2009 The Dairy Farmers of Britain (DFOB) co-operative collapsed last week, meaning that many of its 1,800 members, who supplied milk to the co-operative, will lose their savings. The DFOB, which was forced into receivership on Wednesday of last week, sold the milk onto supermarkets, keeping 0.5p per litre itself, and paying the remainder to the [...]
Tui to host Euro 2012 travellers June 7, 2009 Tour operator Tui has sealed a deal to become the official accommodation agency for the 2012 European Football championships. The tournament, which is held every four years, will take place in Poland and the Ukraine. Tui will provide over 200,000 beds for the governing body Uefa’s officials as well as the teams, sponsors and the [...]
City Moves who’s switching jobs June 7, 2009 HansteenThe property investment firm has hired Mark Ovens and James Havery to its team. Ovens started his career with Arlington Securities in 1987 and joined Ashtenne in 1995, while Havery joined DTZ Debenham Thorpe in 1995 and moved to Ashtenne in 2002. After the sale of the firm to Warner Estate in 2005, both continued [...]
Hedge funds make hay in May rallies June 7, 2009 THE HEDGE fund industry put in its strongest performance in almost a decade in May, as fund managers took full advantage of the relief rally in equity markets. The industry put in a 5.2 per cent investment gain in May, the best seen since February 2000 according to leading US data firm Hedge Fund Research [...]
