Woodward: England look good for 2011 November 28, 2010 ENGLAND (11) v/s SOUTH AFRICA (21) WORLD CUP winning coach Sir Clive Woodward has declared England’s autumn campaign a success despite the team ending their year by being outmuscled by South Africa. Martin Johnson’s emerging side failed to maintain the momentum of an encouraging November on Saturday as the grizzled Springboks taught them a lesson [...]
RESTLESS IN THE CITY FOR YANK BANKERS November 25, 2010 NO rest for our American friends in the City, it seems. The Capitalist had a snoop around some of the biggest US banks’ UK branches yesterday, hoping to find them wonderfully empty due to an outflow of traders to celebrate America’s biggest holiday of the year. But no, it seems our bankers were hard at [...]
England have rediscovered love for game November 24, 2010 FORMER Wasps and England back Josh Lewsey believes the national team has blossomed during the last year because players have fallen in love with the game once again. Martin Johnson’s men have followed up an encouraging summer with more success this autumn, including wins over Samoa and old enemies Australia, and a hard-fought defeat to [...]
ANALYST VIEWS: DO YOU EXPECT REVISIONS IN THE GDP GROWTH RATE? November 22, 2010 HOWARD ARCHER | IHS GLOBAL INSIGHT I suspect that the year-on-year growth rate may be trimmed to 2.7 per cent from the currently reported rate of 2.8 per cent but there are currently no indications that the third-quarter GDP growth rate of 0.8 per cent quarter-on-quarter will be revised down. MICHAEL SAUNDERS | CITIGROUP I [...]
Investec sells its Rensburg funds division November 18, 2010 INVESTEC, South Africa’s fifth-largest bank, is selling Rensburg Fund Management (RFM) for £45m, it said yesterday as it unveiled a six per cent hike in underlying operating profit. Franklin Templeton has entered into a conditional agreement to acquire RFM from Investec, which manages about £880m in UK equities, and is a small part of Rensburg [...]
Investec posts stronger profit November 18, 2010 South African bank Investec posted stronger first-half profit – helped by growth in asset management and showing that its move away from plain lending continues to pay off. The asset manager and investment bank, which is also listed in London, said operating profit totalled £228.15m in the six months to end-September, up 5.6 per cent, [...]
‘We knew we could play that way’ November 17, 2010 NORTHAMPTON lock Courtney Lawes may have played a pivotal role in transforming England into stylish world-beaters but has reminded his colleagues of the virtues of winning ugly. Lawes is one of a clutch of youngsters at the heart of Martin Johnson’s emerging outfit, along with Saints team-mates Chris Ashton and Ben Foden and Leicester duo [...]
Northern and Greencore agree merger November 17, 2010 FOOD retailers Greencore and Northern Foods revealed plans to merge yesterday, in a deal that will produce one of the biggest chilled food players in the UK. The firms, responsible for Goodfella’s pizzas, Fox’s biscuits and the Weight Watchers range, will be rebranded Essenta once the proposed tie-up is complete in March 2011. Management said [...]
CITY MOVES | WHO’S SWITCHING JOBS November 16, 2010 Barclays Corporate Barclays Corporate has appointed a new head of financial institutions. Matt Tuck will return to the bank where he started his career, having worked for the last eight years for Deutsche Bank. In his new role, he will be responsible for enacting a new stage in the expansion of the bank’s financial institutions [...]
Steady income and performance to boost investment trusts’ popularity November 16, 2010 AFTER a decade in the financial wilderness, investment trusts are emerging, blinking, back into the mainstream. Tainted by the split-cap scandal at the end of the Nineties, investors have favoured their open-ended cousins for the past decade. Yet investment trusts have, on the whole, outperformed the FTSE All Share and the FTSE World ex UK [...]