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  • Rolex wins title of consumer superbrand for a second year

    February 24, 2013

    LUXURY watch-maker Rolex has come top of an annual chart of consumer “superbrands” for the second year running, leaving Apple and Microsoft trailing in second and third place, a poll published today shows. The iPad and iPhone-maker jumped 16 places to clinch second place, missing out on the top spot to Rolex. Over 2,900 British [...]

  • London’s new issues market is thawing, but slowly

    February 22, 2013

    Not so long ago I asked an investment banker in London how long he and his colleagues had deliberated before deciding to float a Salford-based materials technology company called Luxfer in New York. “About 30 seconds,” he said, quickly and pointedly. But then this was October last year and the new issues market in London [...]

  • Countrywide in float plan in bid to raise £200m

    February 21, 2013

    COUNTRYWIDE Holdings, Britain’s largest estate agency, is to return to the market six years after it was taken private, heralding a further sign of recovery in the housing market. The company aims to raise £200m through the issue of new shares, which it said it will use to repay debts and fuel further growth. It [...]

  • City Moves for 21 February 2013 | Who’s switching jobs

    February 21, 2013

    Jones Lang LaSalle The real estate services firm has announced the appointment of James Dolphin as lead director for international retail to support its cross-border expansion. Before joining the firm as a national director in 2005, Dolphin was an associate partner at Blair Kirkman. Societe General Zak de Mariveles will join the bank’s corporate and [...]

  • Shop vacancy figures expose UK retail woes

    February 18, 2013

    BRITAIN’S battered retail sector gained no respite this week as the latest research showed vacancy rates remained stubbornly above 14 per cent last year as retailers continue to shut up shop across the country. The Local Data Company’s (LDC) latest report published today shows vacancy levels fell slightly from 14.3 per cent to 14.2 per [...]

  • Britain’s Facebook is already here but we lack the tools to identify it

    February 18, 2013

    IT’S been described as “the $4.2 trillion (£2.7 trillion) opportunity”. According to the Boston Consulting Group, there will be 3bn internet users globally by 2016. If it were a nation, the internet-based economy would rank in the world’s top five. And the UK sits at the forefront, with 8.3 per cent of GDP now online [...]

  • Cameron blows UK’s trade horn on India visit

    February 17, 2013

    LONDON’S transport expertise and Tesco’s expansion plans will be high on the agenda during Prime Minister David Cameron’s trade mission to India this week. Cameron will arrive in Mumbai today with a delegation of ministers and business bosses including Standard Chartered’s Peter Sands to speak with trade partners in India. Transport for London has sent [...]

  • Bottom Line: Tesco hopes to charm shoppers

    February 17, 2013

    When Starbucks opened its first stores in Mumbai last October, queues around the Taj Mahal hotel stretched almost to the Gateway of India – the imposing arch on the harbour under which Boris Johnson held a bike-riding photo call a few weeks later. America’s frothy coffee seemed, at the time, to go down much better [...]

  • Retail gloom as UK stays at home

    February 17, 2013

    SHOPPERS have been deserting the UK’s struggling retailers since the start of the year, adding to gloom in the sec- tor as sales fall for the first time in years and well-established firms col- lapse into administration. Total UK retail footfall sunk 4.6 per cent over the year to January, data from the British Retail [...]

  • What the other papers say this morning

    February 14, 2013

    FINANCIAL TIMES JPMorgan’s Gulati launches fund JPMorgan’s global head of equity proprietary trading is quitting to set up a hedge fund in Switzerland in what will be the first prominent launch of a fund since several bank spinouts floundered last year. Deepak Gulati, once one of the bank’s star traders, will launch Argentière Capital probably [...]

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