St Jude storm could cost British insurance industry up to £500m October 29, 2013 MONDAY’S storms could cost British insurers up to £500m in claims, a leading broker claimed yesterday. Willis Re said the figure only covered damaged caused in the UK. The storm has since caused extensive damage across France, the Netherlands and Scandinavia. “Based on our research we believe insured losses in the UK for the St Jude’s [...]
Exiles set to snap up O’Connor October 28, 2013 RUGBY UNION: Aviva Premiership strugglers London Irish are expected to complete the signing of Australia back James O’Connor today. The 23-year-old has been allowed to leave his homeland following a string of off-field incidents.
London Report: FTSE stalls at a five-month high as big storm hits October 28, 2013 BRITAIN’S blue chip share index steadied yesterday after hitting a five-month high, stalling just above the key 6,700 points level as a mixed crop of earnings led to profit taking and bad weather curbed activity. Airlines were among those hit by profit taking, as the St Jude storm in Britain disrupted flights. Easyjet dropped 2.3 [...]
Tigers stunned by Wasps and old boy Goode October 27, 2013 LONDON Wasps fly-half Andy Goode overcame blustery conditions to summon a man-of-the-match display and upset his former team, Aviva Premiership Rugby champions Leicester Tigers, 22-12 at Adams Park yesterday. Goode, who notched 17 points, including two opportunist drop-goals as Leicester continued their six-year winless streak in High Wycombe, hailed his forwards for helping him cope [...]
Struggling Wasps ready to sting champions Leicester, warns Daly October 24, 2013 LONDON Wasps centre Elliot Daly believes Sunday’s visit of Aviva Premiership champions Leicester is the perfect chance to showcase their top-six credentials. Wasps are precariously placed second from bottom of the table, but Daly believes they are ready to kick-start their domestic campaign. He said: “We think we are a top-six team and hopefully this [...]
How to spot the pension fund dogs October 22, 2013 A new report finds that £31bn is sat in poor performing funds WITH annual and lifetime allowances for attracting tax relief at £50,000 and £1.5m respectively (due to fall to £40,000 and £1.25m in 2014-2015), pensions are the most tax-efficient way to save for retirement. But with over £30bn of pension savings languishing in under-achieving [...]
Robshaw still proud despite Quins’ defeat at Clermont October 20, 2013 HARLEQUINS captain Chris Robshaw last night said that he was proud his side’s passionate performance at the home of one of the favourites to lift the Heineken Cup, despite suffering a narrow defeat. The Aviva Premiership Rugby outfit headed to Clermont Auvergne yesterday – where the home side have not lost for 64 matches – [...]
City Moves for 18 October 2013 | Who’s switching jobs October 17, 2013 EdisonThe investment intelligence firm has announced the hire of Angus McPhail as an equities analyst in its oil and gas team. He specialises in mid-cap exploration companies. McPhail has previously worked as an analyst at Investec, Alliance Trust, ING, and WH Ireland. BNY Mellon Asset ManagementThe investment management company has appointed Heneg Parthenay as chief operating officer [...]
Best of the Brokers for 18 October 2013 October 17, 2013 To appear in Best of the Brokers, email your research to notes@cityam.com TUI TRAVEL UBS has cut its rating from “buy” to “neutral” and trimmed its target from 410p to 400p following a strong run for the shares. The broker thinks now is a good time to take profits, given that the disruption in Egypt [...]
Saracens squad envy of Europe, claims Wyles October 17, 2013 SARACENS centre Chris Wyles believes the abundance of riches in the squad makes his team the ones to beat in this year’s Heineken Cup. The Aviva Premiership leaders have six representatives in England coach Stuart Lancaster’s squad for next month’s autumn internationals, including previously uncapped centre Joel Tomkins. Top 14 heavyweights Toulouse are tonight’s visitors [...]