THE WEEK AHEAD September 11, 2011 COMPANY NEWS ● Today, Pan African Resources announces. The Aim-listed company is producing 100,000 ounces of gold per year and will be hoping for glittering results. ● Tomorrow, Abcam and Ashmore both announce. Abcam is a biotechnology company based in Cambridge’s Science Park, which sells research antibodies. ● On Wednesday, Barratt Developments and Galliford Try [...]
DALSTON, LONDON September 8, 2011 DALSTON SQUARE Price: £425,000 Dalston Square is a £160m development in the heart of Dalston, just two miles from the City. This three-bedroom apartment is on the second floor with a balcony. In total, it comprises 919 square feet. Contact: Barratt Homes on 020 7241 1833 or go to www.barratthomes. co.uk/London ARTHAUS, LONDON FIELDS Price: [...]
Oil price drops on hopes of Libyan export resumption August 22, 2011 Brent crude dropped more than $3 to below $106 a barrel on the potential for a resumption of exports from OPEC-member Libya as a six-month civil war there appeared close to an end. Libya pumped around 1.6M barrels per day (bpd), nearly two per cent of global supply, before the war cut output. Most of [...]
PROPERTY NEWS August 11, 2011 NEW DEVELOPMENT IN CANADA WATER Barratt Group’s Maple Quays development has opened for purchase. Offering one, two or three bed apartments, the development offers connections to both Canary Wharf and the City. Prices start from £250,000. Contact Barratt on 08448114334 or go to www.barratthomes.co.uk/london NEW NORTH LONDON LUXURY Domus, “the Candy brothers of north London”, [...]
Barratt in talks to sell loans book August 8, 2011 Housebuilder Barratt Developments said it is in early talks with investors to sell part of its shared equity mortgage book, a set of loans which might whet the appetites of private equity or banks. Britain’s largest housebuilder by volume confirmed press speculation on Monday that it is mulling a partial sale of its portfolio of [...]
WHAT THE OTHER PAPERS SAY THIS MORNING August 7, 2011 FINANCIAL TIMES INVESTOR IRE SPARKS ICAP PAY REVIEW Icap, the largest interdealer broker, is to undertake a thorough review of its remuneration policy for the first time in eight years. The FTSE 100 group is making the move after a substantial minority protest vote at the annual meeting in mid-July. ONGC EYES SALE OF DEEPWATER [...]
BROKERS BOND AFTER TRAUMATIC TEAM TRIP August 2, 2011 KATIE Small, the managing director of Mercury West Associates, thought the “Tough Guy Challenge” would be a good way to bond her team of insurance brokers. Unfortunately, the nine-mile assault course was billed as “the safest most dangerous event in the world” – which may have had something to do with Small falling ill with [...]
BEST OF THE BROKERS August 1, 2011 BARRATT DEVELOPMENTS Goldman Sachs has upgraded the house builder from “neutral” to “buy” with a target price of 159p. The broker has also upgraded rival Persimmon to “buy” after reviewing the property sector, and now expects broadly flat new-build house prices over the next two years, thanks to low build volumes and stable unemployment. Goldman [...]
Barratt sees return to full year profit July 14, 2011 BARRATT Developments, one of the UK’s largest house builders, said it would return to full-year profit despite market conditions remaining tough. The firm predicted a full-year pre-tax profit of £40m before exceptional items, after a loss of £33m in 2010, meeting market expectations. In its trading statement ahead of its annual results due September, the [...]
NOW ON IN LONDON SIX OF THE BEST June 16, 2011 THEATRE Shrek the Musical The cartoon ogre makes it to the London stage, with pretty wonderful results. A big, family-friendly hit, and possibly the heir to the Lion King’s throne? ART Toulouse-Lautrec Exhibition examining the relationship between the height-challenged chronicler of the seedier side of Parisian life in the Belle Epoque and the Moulin Rouge [...]