CITY PUBLIC AFFAIRS LANDSCAPE DUE FOR A SHAKE-UP AS TIM BURT LEAVES BRUNSWICK December 1, 2010 TIME for some fresh blood in City public affairs, it seems, with the founding of a brand new financial PR firm by Brunswick partner Tim Burt. Burt is set to launch Stockwell Group along with the former chief executive of Maitland Philip Gawith and Financial Dynamics co-founder Julian Hanson-Smith, both of whom will be on [...]
THE TIPSTER December 1, 2010 Few retail stocks have managed to see their share price recover to the halcyon days of 2007, but Carphone Warehouse has recently achieved that feat with the stock now eyeing the 400p level. Clearly the Christmas season has the potential to bring further cheer for the stock. Furthermore, given the ongoing tide of innovation in [...]
A disappointing bonus should be a call to action December 1, 2010 HOW did you feel when Santa failed to come for the first time? Of course, you know that Father Christmas is a fiction; you are even warned that he isn’t coming this year. But the reality that he has gone forever only really hits home when you wake up on Christmas morning and find there’s [...]
Stars in their pies: mincemeat magic December 1, 2010 WHILE turkey and Christmas pudding are held back for the meal on the big day, mince pies are the real staple of the festive season. People who wouldn’t normally dream of a mid-afternoon snack will suddenly find themselves gobbling down piles of pastry and fruity mincemeat, while every cocktail party and seasonal bash is overflowing [...]
OUT OF OFFICE December 1, 2010 ROMEO & JULIET AT THE ROUNDHOUSE After its highly acclaimed 2008 season, the RSC is returning to Camden’s Roundhouse with a ten-week season of eight productions. Kicking things off is Romeo &?Juliet (right, 30 Nov-01 Jan), directed by the prolific and brilliant Rupert Goold. Other productions to come include The Winter’s Tale, Julius Caesar, Antony [...]
2010’s Christmas book round-up December 1, 2010 BUSINESS AND ECONOMICS CRISIS ECONOMICS BY NOURIEL ROUBINI WITH STEPEHN MIHM Pengiuin, £25 More than just another me-too account of the crisis, Nouriel Roubini – often called Dr Doom for his Cassandra-like prophecies – gives a compelling account of the 2008 meltdown. He provides the lay reader with succinct and clearly written explanations of the [...]
German retail, manufacturing indicators improve sharply December 1, 2010 GERMANY’S retail and manufacturing sectors substantially improved in October and November, indicating a robust recovery in Europe’s biggest economy, figures showed today. German retail sales rose by 2.3 per cent in October, their biggest month-on-month gain in almost three years, according to official figures. The rise was the strongest monthly gain since January 2008 and [...]
THE TRUTH BEHIND THE BAILOUT IN IRELAND November 30, 2010 SHORT of holding a gun to his head, how did the IMF persuade Brian Cowen to accept Ireland’s €85bn (£72bn) bailout, just hours after he denied the country was in financial trouble? Well, according to a new Taiwanese news animation, holding a gun to his head was exactly what it did. The same firm that [...]
Barnier hauled in front of influential MPs November 30, 2010 MICHEL Barnier, the internal market commissioner for the European Commission (EC), will appear before a potentially hostile group of MPs on Monday week, it emerged yesterday. Barnier’s initial reluctance to come before the Treasury Select Committee caused chairman Andrew Tyrie to appeal to the EC president Jose Manuel Barroso. Tyrie was frustrated by Barnier’s suggestion [...]
Vedanta will delay $1.1bn copper float November 30, 2010 LONDON-listed Indian miner Vedanta has delayed an initial public offering (IPO) of its Zambian copper business until next year, citing stock market volatility. It is the first big European IPO to fall victim to a renewed wave of financial market turbulence brought on by the Irish debt crisis. Earlier this month, Vedanta announced plans to [...]