THE TIPSTER TURBULENCE MAY BE OVER FOR RYANAIR November 1, 2009 WE are still in earnings season, which means that shares and indices are subject to plenty of daily moves. Irish airline Ryanair had a turbulent time in October with its share price tumbling from €3.50 to below €3.00 so investors will be looking for some good news when it releases second quarter numbers today. The [...]
OUT OF OFFICE October 29, 2009 LE MISANTHROPE IN THE CITYThe buzz in theatreland may be all about Keira Knightley’s forthcoming appearance in a production of Moliere’s French farce, Le Misanthrope, but the Bridewell theatre in the City is ahead of the game. This staging is by the Tower Theatre Company, which includes City workers in its cast, updating the action [...]
LLOYDS PUSHES ON WITH PLAN TO RAISE 21BN October 29, 2009 LLOYDS Banking Group will retain a 25 per cent share of domestic current account customers under restructuring plans agreed with the European authorities to avoid the government’s asset protection scheme (APS). The European Commission and the Treasury last night gave the bank the go-ahead to market a £20.5bn capital raising programme, consisting of a £13bn [...]
A second dose of the fabulous freakish truth October 28, 2009 SUPERFREAKONOMICSBY STEPHEN DUBNER AND STEVEN LEVITTPENGUIN, £20.00 WRITING a sequel to one of best-selling pop economics books of the last decade was always going to be hard. And it took Steven D Levitt and Stephen J Dubner more than four years to create Superfreakonomics, the “freakquel” to their original collaboration, Freakonomics. Like the original, Superfreakonomics [...]
FOOTBALL-CRAZY PWC GETS STUCK IN ON ENGLAND’S WORLD CUP BID October 28, 2009 GOOD news for the multitude of football fans in the City: the team behind England’s bid to host the 2018 FIFA World Cup have secured themselves a powerful ally. PricewaterhouseCoopers, the accountancy giant, today announces it is the first sponsor to officially back the bid, responsible for working on crucial aspects of the proposal such [...]
Cineworld profits on the up despite the downturn October 27, 2009 CINEWORLD revealed a solid third-quarter trading performance yesterday, despite the economic downturn and decline in screen advertising. The group posted healthy trading with total revenues up 6.5 per cent in the 43-week period to 22 October. This was largely due to the 10.9 per cent growth in box office sales and five per cent growth [...]
Further tube strikes threatened October 27, 2009 Tube drivers on the Metropolitan and Hammersmith and City lines will be balloted for strike action, it emerged yesterday, in a dispute over new timetables. Union bosses are meeting today to approve a ballot for the 250 drivers at Neasden depot, which serves the two lines. The threat brings yet more bad news for commuters, [...]
BAreadies itself for strikes this Christmas October 26, 2009 FEARS of a bleak?Christmas for British Airways (BA) were growing last night, after the Unite union said it would ballot its 14,000 cabin crew on strike action. Unions and BA management have been at loggerheads over cost-cutting at the airline, which is struggling to weather the financial storm. Nine months of talks fell apart yesterday [...]
OUT OF OFFICE October 26, 2009 HAPPY HOUR AT GREEN’S RUNNER BARLeave work before seven this week and you’ll be in time for cut-price drinks at the Runner Bar at Green’s: 50 per cent off house cocktails, wine and beers from 5:30 to 7pm. If that’s not tempting enough, the bar is offering free live jazz this Wednesday and Friday too. [...]
TRAVEL NOTES October 25, 2009 Christmas in Bora BoraThe weather’s getting cold and the nights are drawing in. Imagine, then, an escape to the South Seas and days spent in over-water suites or beachfront villas, the sun beating down as you watch sea turtles paddle by and, later, seeing the sun set over the island’s dramatic Mount Otemanu. That’s the [...]