CITY MOVES | WHO’S SWITCHING JOBS November 6, 2011 Segro The European real estate investment trust has promoted Andy Gulliford (pictured) and Phil Redding to the new roles of chief operating officer and chief investment officer respectively, reporting to chief executive David Sleath. Gulliford, who will oversee the group’s operational property teams in the UK and continental Europe, was formerly managing director of Segro’s [...]
BEST OF THE BROKERS November 6, 2011 BMW After BMW beat quarterly profit forecasts on Friday, Goldman Sachs rates the carmaker as a “buy” with a target price of €109 (£93.78). The broker says the results, including a significantly better-than-expected net price evolution, should reassure investors of the company’s ability to perform for the rest of 2011 and into next year. BMW [...]
WALL STREET WEEK AHEAD November 6, 2011 US stock investors have had to take their own self-help course on living with uncertainty due to Europe’s crisis, and they may need to draw on that this week because it’s never clear when the next upheaval will come. Greece is still in turmoil. Prime Minister George Papandreou will stand down today, and more details [...]
Bright opportunities are what an investor wants November 6, 2011 TWO things matter hugely when it comes to selecting a business for investment,” says Patrick Reeve, the founder and managing partner of Albion Ventures, a venture capital firm. “The business needs to offer an interesting market opportunity and the entrepreneur heading it up has to be someone who is very bright and adaptable.” But what [...]
SMES NEED TO BE CAREFUL OF VOLATILITY November 6, 2011 VOLATILITY in financial markets is at a record high. Businesses must wake up to the very real consequences of current global events and the potential impact on their bottom line. Volatility means risk and uncertainty, and uncertainty is a serious concern for business. These wild swings in commodity, equity and currency markets can and have [...]
ENTREPRENEURS NEWS | IN BRIEF November 6, 2011 SMES TO HIRE MORE STAFF THIS YEAR Over two-thirds of small and medium-sized businesses owners intend to hire new staff in the next six months. This has emerged as the results of research done by the London Entrepreneurial Exchange (LEE). The majority of business owners also agree with the government’s decisions to extend the unfair [...]
We cannot improve schools from the centre: A bold call for more choice in education November 6, 2011 BY AND large, British families do not choose the education their children receive. For the majority of parents that choice is made for them, by the distance from their front door to the school gate, and whether they have the means to buy into the catchment of another school or avail themselves of a private [...]
The debate over chief executives’ pay isn’t simple November 6, 2011 INCOME Data Services (IDS) released a report on executive pay last week, drawing hysterical condemnation of business leaders from unions, politicians and journalists. However, research by Harvey Nash’s Board Practice and the London Business School’s MBA Consulting Team reveals that FTSE 100 chief executive pay is just not as simple as many would like us [...]
Reclaim the City from Robin Hood tax risks November 6, 2011 MUCH has been written in recent weeks about the protest camp outside St Paul’s and about the City of London Corporation’s attitude to it. I would like to take this opportunity to bring a degree of clarity to the situation. The City fully supports the democratic right to protest and at no point have we [...]
RAPID RESPONSES November 6, 2011 Bailouts vs zombies As Marc Sidwell says [The Zombie Menace of Anti-capitalist Thought, Friday], the Occupy London protest is leaderless, yet he lumps all the protesters together as anti-capitalist. From what I’ve gathered, some may be anti-capitalist but there is a range of views; many are simply disgusted with the way that banks have been [...]
