24 Carat Ambition February 2, 2014 Annabel Palmer talks trends with Tracy De Groose CARAT, part of the Dentsu Aegis Network, is the UK’s second biggest media agency. Over the course of her career, chief executive Tracy De Groose has worked in marketing and communications on both the client and agency side. She talks to City A.M. about 2014’s big challenges [...]
Strikes over air traffic changes cause delays at French airports January 30, 2014 HUNDREDS of flights in France were cancelled yesterday as air traffic control staff across Europe walked out over plans to unite the continent’s air space. The French civil aviation authority asked airlines to axe a fifth of flights into Paris airports yesterday, while passengers in Italy and Portugal also faced disruption. UK services, however, were [...]
We let the truffle dogs loose in rolling fields of southern France January 20, 2014 Frederika Whitehead goes in search of pungent fungus that drives foodies crazy SERGE, our guide on the truffle hunt, is twinkle-eyed as he tells us about the aphrodisiac properties of truffles. “Truffles,” he says, “are like women: round, firm and very sensuous. I am passionate about truffles because they are the food of love.” We [...]
CNBC Comment: UK fraud squad flounders behind US January 13, 2014 HOLLYWOOD loves a swindler. Leonardo DiCaprio’s role as a dwarf-tossing trader in The Wolf of Wall Street proves as much, and reinforces a modern-day misrepresentation of bankers as the real gangsters of New York. “My name is Jordan Belfort,” says DiCaprio in his opening line. “The year I turned 26, I made $49m, which really [...]
Chinese holidaymakers lead the charge over Christmas January 13, 2014 Wealthy foreign visitors helped keep Britain’s tills ringing over Christmas with spending up a record 40 per cent on the previous year. Chinese tourists led the charge, with spending up 52 per cent to around £741 per transaction in December, according to figures out today by tax-free shopping specialist Global Blue. While China accounted for [...]
Rise in traffic gives Christmas cheer to EasyJet January 7, 2014 EASYJET carried 3.6 per cent more passengers than it did a year ago in 2013, helping narrow the gap between the budget carrier and its larger rival Ryanair. The orange-liveried airline booked in 61.3m customers in 2013, it said yesterday. Traffic in December was up 3.5 per cent at 4.5m, giving FTSE 100-listed EasyJet a [...]
London Report: Investors take punt on banks to drive FTSE up January 7, 2014 THE UK’S blue chip share index rose to a one-week high yesterday, with gains in financial stocks pushing the FTSE 100 towards major technical resistance levels. Lloyds rallied three per cent, as investors bought the stock on expectations that the bank will start paying dividends this year and that it will benefit from a recovering [...]
EasyJet rings in New Year with steady growth January 7, 2014 EasyJet continues to show steady growth, as passengers opting to fly with the low-cost airline continued to increase through December 2013. The company saw passenger numbers rise by 3.5 per cent compared to the same time last year, reaching a total of 4.3m. This marks further improvement for the company which posted positive numbers for [...]
As passenger numbers grow is EasyJet about to beat Ryanair in the battle for the skies? December 5, 2013 EasyJet has posted an increase in its passenger numbers for the month of November to 4,255,978. This represents a rise of 3.4 per cent on the same period last year. November's increase in passengers marks further good news for the low-cost airline in stark contrast to Irish competitor Ryanair, which has struggled in recent months. [...]
Economic growth boosts hopes for tax giveaways December 1, 2013 GEORGE Osborne could have more room for tax cut giveaways as the economy recovers, analysts predicted ahead of Thursday’s Autumn Statement. The Office for Budget Responsibility (OBR) is expected to reveal Osborne is ahead of previous forecasts on cutting the deficit, opening the way for him to consider loosening the purse strings. The OBR is [...]