What the other papers say this morning February 13, 2011 FINANCIAL TIMES SIEMENS EYES BIG NETWORK PURCHASES Siemens is looking out for large acquisitions to expand its power networks and plant automation businesses, in a fundamental strategic shift by the German industrial conglomerate. Joe Kaeser, Siemens’ chief financial officer, said Europe’s largest engineering group by sales had reached the “management maturity” to pursue significant takeovers. [...]
BUYING February 10, 2011 Q.I am thinking of buying a buy-to-let property in central London. What type of property makes the best rental and which tenant market should I be going after? A.We tend to advise our investment clients to opt for a two double bedroom, two bathroom configuration for a rental investment. This set-up will appeal to a [...]
Airlines are wary over NATS plan February 6, 2011 AIRLINES do not want the government to reduce its dominant stake in the country’s air-traffic control system below 25 per cent, it is understood. The government is considering reducing its 49 per cent stake in the air-traffic control system NATS as part of measures to pay off the ballooning public debt. But the Airline Group, [...]
More people should be The Apprentice February 6, 2011 WHEN the City opened its doors to the barrow boys of the East End – the wheeler dealer market traders who were first let loose on the London Stock Exchange in the 1980s – they were a roaring success. They had the drive, the hunger and the charisma to allow them to thrive in the [...]
To the ends of the earth February 6, 2011 CHILE is a land of contrasts – and not least for the euphoria of the miners’ rescue last year, preceded by the coastal earthquake. But it is this land – volcanic and alive, and rich in minerals – that entices me to travel half way around the world to explore its natural wonders, the northern [...]
JD in talks to buy troubled retailer JJB February 2, 2011 JD Sports is in talks to buy troubled retailer JJB Sports, sending shares in the Wigan-based firm soaring 17 per cent. The news comes as JJB confirmed it will raise £31.5m from shareholders through the placement of 630m new shares, with sources close to the firm warning it may need further help within weeks. The [...]
CITY MOVES | WHO’S SWITCHING JOBS January 31, 2011 HSBC HSBC today announces the appointment of Richard Jablonowski as managing director and head of investment counsellors to its private banking division. Based in London, he will report to Daniel Ellis, managing director and head of the investment group at HSBC private bank. Jablonowski joins from Merrill Lynch Global Wealth Management where he spent 11 [...]
Corporation renews call for third runway January 30, 2011 URGENTLY needed expansion of London’s aviation capacity should be provided by existing airports such as Heathrow, the City of London Corporation said today. Passenger demand will increase with economic recovery, it said, arguing that time is too short to wait for a new airport in the Thames estuary. Mayor Boris Johnson favours the construction of [...]
Aviation policy key to London’s growth January 30, 2011 WHEN it comes to international trade and inward investment London is indisputably the principal gateway for the UK economy. The fact that the capital made an estimated net contribution of £1.4bn in 2009-10 highlights London’s vital role in driving economic recovery forward. But, as the Mayor pointed out earlier this month, there is a danger [...]
GETTING DRESSED January 27, 2011 FOUNDERS, ROUS ILAND MEMBERS’ BOUTIQUE Q.The temperature keeps changing – how can I dress and wear a coat that leaves me more versatile to these fluctuations? A.The weather has become more and more unpredictable so our wardrobe must be flexible. In winter, try a coat with detachable collar (fur or faux depending on your preference) [...]