THE TIPSTER | Hoping for a high-flying statement July 2, 2012 BUDGET airline Easyjet will be hoping that the Eurozone crisis is not going to put off people from travelling this summer, as it issues its a trading statement on Thursday. Its share price has done its own share of high flying, putting on over 30 per cent in 2012. With the far from clement conditions [...]
Doing the UK supermarket sweep July 2, 2012 THE jubilant spending during the Queen’s diamond jubilee may have given the high streets a boost, and inflation is being slowly reined in, but UK supermarkets are still facing a difficult year ahead. According to the Confederation of British Industry (CBI), the Queen’s Diamond Jubilee boosted retail sales in June, but shop sales were down [...]
Analyst picks for 2 July 2012 July 2, 2012 CURRENCY STRATEGIST CHRIS VECCHIO My pick: Short Aussie dollar-dollar and Aussie dollar-yen Expertise: Fundamental and technical analysis Average time frame of trades: 1 day to 1 week Technical divergences are building and it appears we have completed five waves up in the Aussie dollar-yen and Aussie dollar-dollar, the FX market’s barometer of risk-appetite. As such, [...]
North Road is a Scandinavian joy July 2, 2012 RESTAURANT NORTH ROAD 69-73 St John St, EC1M 4AN Tel: 020 3217 0033 FOOD **** SERVICE **** ATMOSPHERE **** Cost per person without wine: £75 Scandinavia is having quite a moment. We watch its TV shows, we wear its jumpers, we buy its furniture (while hoping people won’t notice it came flat-packed in a cardboard [...]
Roast still does British cuisine (pretty) well July 2, 2012 RESTAURANT ROAST The Floral Hall, Stoney Street, SE1 1TL Tel: 0845 034 7300 FOOD *** SERVICE **** ATMOSPHERE *** Cost per person without wine: £45 Roast has been around for six years. There was a time when it was one of the foodiest restaurants in London, by which I mean the sort of place those [...]
EPISODE 60 – RETURN OF SUNDAY LUNCH July 2, 2012 We’ve reinstituted Sunday lunch chez Cashman. My parents sit at one end of the table and Emma’s at the other. Emma and I are scheduled to sit between our respective in-laws but would both prefer not to do so. Maria and Noel sit mid-table, opposite one another. They are intended to operate as buffer states [...]
Cameron to launch parliamentary inquiry into banks scandal July 2, 2012 Prime Minister David Cameron says will establish full parliamentary inquiry into bank rate-fixing scandal. “I want us to establish a full parliamentary committee of inquiry involving both houses,” Prime Minister David Cameron told parliament, stopping short of giving further details on its full remit. “This committee will be able to take evidence under oath, it [...]
Eurozone unemployment rises July 2, 2012 The jobless total in the eurozone reached 11.1 per cent in May, marking the highest level since records began in 1995, official figures have shown. A total of 17.56m people are now unemployed, according to EU statistics body Eurostat. Spain, where one in four people is now out of work, suffered the highest unemployment rate. [...]
FTSE up as UK manufacturing decline slows July 2, 2012 The FTSE 100 edged up this morning as new data showed that the decline in UK manufacturing slowed in June. The manufacturing PMI – a respected survey of the sector – stood at at 48.6, up from 45.9 in May and well ahead of the consensus forecast of 46.5. New orders also rose strongly to [...]
UK manufacturing decline slows July 2, 2012 The decline in UK manufacturing slowed in June, figures out today have shown. The manufacturing PMI – a respected survey of the sector – stood at at 48.6, up from 45.9 in May and well ahead of the consensus forecast of 46.5. New orders also rose strongly to stand at 47.0 versus 42.0 in May.