Double celebration for Luxfer October 8, 2012 LUXFER Holdings, the Salford-based speciality metals group that last week became the latest high-flying UK company to list its shares on Wall Street, missed out on a chance to ring the opening bells at the New York Stock Exchange (NYSE). But it turns out the firm had a very good reason for opting out, as [...]
Win Champagne spot the city landmark October 8, 2012 THERE are only a couple of weeks to go until St John’s Ambulance’s flagship black-tie City quiz evening, The Game, on 24 October. All proceeds from The Game will support Teach the difference, SJA’s campaign to equip an entire generation with first aid skills. To book a table, please contact game@nhq.sja.org.uk or call 020 7324 [...]
UK retail sales bounced back in September October 8, 2012 BRITISH shops received a boost last month as retail sales sprung back to life after a miserable summer on the high street. Like-for-like sales shot up 1.5 per cent in September compared to the same time last year, the British Retail Consortium (BRC) said this morning – the strongest increase so far in 2012. And [...]
China’s service sector rebounds yet World Bank cuts forecasts October 8, 2012 THE WORLD Bank slashed its estimates for Chinese GDP growth yesterday, yet separate business survey data showed a healthy rebound in the country’s service sector last month. HSBC’s latest purchasing managers’ index (PMI) for China’s services industry climbed to 54.3 in September, up from 52 in August, it revealed yesterday. The higher the PMI score above [...]
Report says shortage of homes in London will stunt job growth October 8, 2012 LONDON’S housing shortage is set to become severe enough to harm job creation in the capital, a report claimed this morning. Living conditions will become more cramped with young people forced to stay in the rental market for even longer, according to Cluttons, a group of consultants and chartered surveyors. “Large increases in demand for London [...]
Surveyors predict green shoots for housing market by year end October 8, 2012 SURVEYORS expect the housing market to pick up towards the end of the year, according to a leading survey released this morning. Sales expectations have jumped to their highest level since May 2010, the Royal Institution of Chartered Surveyors (RICS) announced today. The net balance of surveyors expecting a higher number of home sales in the [...]
Key tourist attractions knocked by rainy summer and Olympics October 8, 2012 LONDON’S tourism hotspots have been hit hard by a combination of Britain’s wettest summer for 100 years and the distraction of the Olympic Games, an industry group revealed yesterday. Visitor numbers to London dropped by an average of 15 per cent in the three months to August 2012 compared to the same months in 2011, [...]
OECD figures foresee an uptick in British economic prospects October 8, 2012 ECONOMIC growth is set to pick up in the UK even as it weakens across the Eurozone, the Organisation for Economic Co-operation and Development (OECD) said yesterday. The Paris-based group released its latest composite leading indicators, designed to predict economic turning points in the near future. The Eurozone’s indicator slipped to 99.4 in August, from 99.5 [...]
Boost for mortgage lending October 8, 2012 The number of mortgages available to prospective home-buyers has started to expand, according to the Moneysupermarket website. The group also claimed that lenders are offering high loan to value (LTV) ratio deals. “Since April, there has been a 14 per cent increase in the number of 75 per cent LTV mortgages available, rising from 636 [...]
Stats office launches consultation October 8, 2012 The Office for National Statistics (ONS) yesterday launched its consultation over possible changes to how it calculates the retail price index (RPI) measure of inflation. The ONS has proposed four changes surrounding the so-called Carli formula, as well as regarding how private rental costs are measured. The consultations will close at the end of November [...]
