Cat cure firm Circassia in biggest healthcare float for eight years February 6, 2014 A CURE for cat allergies could soon be hitting the market after its Oxford-based developers yesterday confirmed plans to raise £175m on the London stock market in the biggest healthcare float since 2006. Circassia, which is privately backed by firms like Invesco Perpetual and hedge fund Lansdowne Partners, said it will use the money to [...]
Brussels is trying to bury the City by forcing it to play by warped EU rules February 4, 2014 IN BRUSSELS, you can hear the dull sound of hammer on iron: the EU driving nails into a coffin. There may be plenty of zombie banks in the Eurozone, and an undead currency walking the corridors of the European Central Bank, but it’s the City that Brussels wants to bury first. There were two examples [...]
BP and BG: Looking into the cryst-oil ball February 3, 2014 Hot on the heels of Royal Dutch Shell’s predictably poor results last week, the market is not feeling too optimistic over tomorrow’s corporate updates from FTSE 100 oil peers BP and BG. BG ‘did a Shell’ last week, slashing forecasts right, left and centre ahead of its results announcement, so the market already knows that [...]
Eurozone manufacturing growth at 32 month high February 3, 2014 A revived manufacturing sector, or a dead cat bounce? Markit's Eurozone manufacturing purchasing managers' index (PMI) came in at 54 in January, up from 52.7 in December. Economists had forecast a jump to just 53.9. Any number above 50 implies expansion, so this headline figure suggests the sector is growing more rapidly. Berenberg's Rob Wood [...]
Coen brothers deliver the goods January 23, 2014 FILM INSIDE LLEWYN DAVIS Cert 15 | By Alex Dymoke Four Stars INSIDE Llewyn Davis is an offbeat, directionless sulk through the unforgiving streets of early 60s New York. These 60s don’t so much swing as shiver: winter-time Greenwich Village is wan, washed-out, freezing. The aspiring musicians who shuffle through it aren’t carried forth by [...]
Restaurant review: Andina, Shoreditch January 21, 2014 @steve_dinneen 1 Redchurch Street, E2 7DJ Tel: 020 7920 6499 FOOD Four Stars VALUE Four Stars ATMOSPHERE Three Stars Cost for two with a fair bit of booze: £150 IF I could go back five years and give myself one foodie tip, it would be “never set foot in Trader Vic’s”. If I could give [...]
Mourinho to extend superb home record January 16, 2014 BEN CLEMINSON AND BILL ESDAILE WITH THE BEST FOOTBALL AND RACING BETS DESPITE the gloom around Old Trafford at the moment, it’s interesting to note only local rivals Manchester City and Sunday’s opponents Chelsea are on better runs in the Premier League than the reigning champions. David Moyes’ men might have suffered three straight reverses [...]
Festive getaway boosts airports and Le Shuttle January 13, 2014 HEATHROW and Gatwick ended their busiest ever years on a high, with rising passenger numbers in December, while the Eurotunnel also enjoyed a bumper Christmas. Heathrow, Europe’s biggest airport by passenger numbers, yesterday said traffic was up 2.8 per cent to 5.8m passengers in December, taking its total growth for the year to 3.4 per [...]
Three things you didn’t know about… January 12, 2014 Chief exec of ACPI Investment Managers Brett Lankester 1 His strengths don’t just lie in asset management. This former Goldman Sachs-er won a local arm wrestling competition in his native South Africa back in 1992. “It’s all in the technique,” he told The Capitalist. 2 Not content with the traditional dogs and cats Lankester’s itinerary [...]
Here’s a novel new way to estimate US jobs figures January 10, 2014 We can't say this isn't an innovative way to estimate nonfarm payrolls. Waiting for the cat to come in from the garden for this month's US non-farm payroll predictions #NFP pic.twitter.com/icS9Ji60cV — Craig Drake (@csdrake) January 10, 2014 Consensus estimates say that the US will have added 196,000 jobs in December. We'll add Bob [...]