BORIS FUND BREAKFAST CLUB MEETS AT SAVOY December 7, 2010 LONDON mayor Boris Johnson played host to a star-studded launch for the corporate sponsors of the charitable Mayor’s Fund for London yesterday morning, with grandees of the City treated to an 8am poached egg and salmon breakfast in return for their paid-up membership of the London Business Club – an organisation for fund donors. The [...]
Carphone in exclusive deal with Google December 6, 2010 CARPHONE Warehouse yesterday confirmed it will exclusively stock the new Google-phone, as revealed in City A.M. in October (see right). Industry sources say Google is experimenting with its distribution model after releasing the previous Nexus model through a deal with carrier Vodafone in the UK. Google’s initial distribution model, which sold the handset exclusively through [...]
CFD NEWS December 6, 2010 BARCLAYS LAUNCHES IPHONE APP Barclays Stockbrokers launched a free iPhone application for its contracts for difference (CFD) clients yesterday. In addition to the standard features common across most iPhone trading applications, Barclays Stockbrokers are offering account holders the ability to view their trading history, multiple watch lists and real time updates on their account’s profit [...]
4m to buy tablet this Christmas December 6, 2010 Over 4m Brits plan to buy a tablet computer like Apple’s smash hit iPad over Christmas, spending a total of £1.4bn, according to a survey. The research from price comparison site USwitch found a further 21 per cent of people plan to buy one within the next year – even though 94 per cent already [...]
New Google handset in Carphone Warehouse December 6, 2010 CARPHONE Warehouse has today confirmed it will exclusively stock the new Google-phone, as revealed in City A.M. in October. Industry sources say Google is experimenting with its distribution model after releasing the previous Nexus model through a deal with carrier Vodafone in the UK. Google’s initial distribution model, which sold the handset exclusively through its [...]
Stars in their pies: mincemeat magic December 1, 2010 WHILE turkey and Christmas pudding are held back for the meal on the big day, mince pies are the real staple of the festive season. People who wouldn’t normally dream of a mid-afternoon snack will suddenly find themselves gobbling down piles of pastry and fruity mincemeat, while every cocktail party and seasonal bash is overflowing [...]
All cosied up? Time to drink yourself warmer November 29, 2010 THE next best thing to snuggling up in a woolly jumper or – if you’re a City A.M. reader, perhaps a Burberry snood – is a warming tipple. We’ve carefully combed the options to find the best ones near you. CITY Five hot cocktails are on offer at the Folly and the Anthologist near Bank, [...]
Companies hit buyout trail as cash piles up November 29, 2010 COMPANIES sitting on a global cash pile of about $4.3 trillion (£2.76 trillion) are set to fuel a pick-up in takeover deals and handouts to shareholders, providing a prop for equity markets in an uneven recovery. Asian businesses, bolstered by the strength of their domestic economies, are likely to be most active in mergers and [...]
Citi planning new European retail operation November 25, 2010 CITIGROUP is to revive its retail banking operations in Europe through targeted new openings in select major European cities from 2011. The move marks a return to growth in the bank’s retail presence after a period of winding down its branch networks in countries including the UK, as part of the terms of its bailout [...]
Banking on new business ideas November 25, 2010 I DON’T want to be a banker, I’m not a banker, never have been, a lot of my job is walking around here…” Anthony Thomson gestures towards the shop floor and his staff and says “…making sure they don’t turn it into a bank.” But sure enough we are in a bank – the Holborn [...]