Gulf Keystone raises $200m in rights issue September 20, 2011 KURDISTAN-FOCUSED explorer Gulf Keystone said it raised $200m (£127m) in a placing to help accelerate the development of the massive oil discoveries it has made in the semi-autonomous region of Iraq. The company said yesterday it issued 91m new shares in an oversubscribed placing at a price of 140p, representing a 14 per cent discount to [...]
CITY MOVES | WHO’S SWITCHING JOBS September 16, 2011 BlackRock Amra Balic has joined the asset manager as the EMEA head of corporate governance and responsible investment. Balic joins BlackRock from Standard & Poor’s, where she was a director in European Corporate Credit Ratings, responsible for corporate governance into the credit ratings process. Prior to joining S&P’s Corporate Governance Services team in 2000, Balic [...]
Tube drivers bag £500 bonus for Olympics work September 13, 2011 LONDON Underground train drivers will pocket an extra £500 for working during next summer’s Olympics as the city attempts to get sports fans to stadiums on time. Organisers are relying on the Underground, already overcrowded and with a history of strikes, to ferry spectators to the Olympic venues in the heart of the city and [...]
London retailers unhappy over Olympics confusion September 12, 2011 RETAILERS have been left in the dark over transport plans in London during next summer’s Olympic Games, with a leading industry body urging Mayor Boris Johnson to shed some light on the authorities’ arrangements. “Retailers are being encouraged to put plans in place for next summer but that’s difficult to do without a full picture [...]
Rising copper prices hit commuters as thieves steal cables September 12, 2011 LONDON commuters yesterday suffered severe delays on the train network following the theft of copper-based signal cables in Guildford, Surrey. The incident, believed to have taken place on Sunday night, disrupted the journeys of hundreds of thousands of rail customers travelling on South West Trains between Hampshire and London Waterloo. There have been three further [...]
Work from home to avoid the Olympic queues September 11, 2011 Q&A: London 2012 TIME TO GET READY Q. WE ARE IN AN OLYMPIC HOTSPOT AREA AND HAVE STARTED SPEAKING TO OUR EMPLOYEES ABOUT OUR PLANS THROUGHOUT THE GAMES. NONE OF OUR EMPLOYEES CURRENTLY WORK FROM HOME AND ALTHOUGH THIS SEEMS TO BE A VIABLE OPTION, WE’RE NOT SURE WHERE TO START. WHAT WOULD YOU SUGGEST? [...]
DALSTON, LONDON September 8, 2011 DALSTON SQUARE Price: £425,000 Dalston Square is a £160m development in the heart of Dalston, just two miles from the City. This three-bedroom apartment is on the second floor with a balcony. In total, it comprises 919 square feet. Contact: Barratt Homes on 020 7241 1833 or go to www.barratthomes. co.uk/London ARTHAUS, LONDON FIELDS Price: [...]
Survey shows City jobs hit September 4, 2011 EMPLOYERS are demanding fewer workers in financial services, according to figures out today, and average salaries are falling. Prospects for job hunters are severely limited in the sector, with vacancies down by over 10 per cent on August 2010 and down by around 30 per cent on February of this year, says Reed’s job index. [...]
London firms want better transport September 4, 2011 LONDON’S next mayor should boost transport, fight unions and spend our taxes here, say businesses. Eight months ahead of the mayoral election, a survey of London companies, released today, has found enormous dissatisfaction with current tax, transport and industrial policies. Sixty per cent support a “strong line on public sector strikes”, 57 per cent think [...]
Londoners not yet prepared for Games September 4, 2011 JUST 40 per cent of Londoners believe the Paralympics, which is taking place in the capital this time next year, will impact on their travel. Yet Monday 3 September 2012, will be a critical time for transport in the capital as employees and schools return after the summer break. With two million tickets available for [...]