Best of the Brokers for 21 July 2014 July 21, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com BRITISH LAND COMPANY Barclays has maintained its “overweight” rating, increasing the target price to 936p from 695p. The broker believes that British Land’s underlying real estate values should continue to increase, with a spike in office rents, as well as a modest increase [...]
Jack Naylor can hammer home the Oaks for Harrington June 4, 2015 BILL ESDAILE PREVIEWS THE INVESTEC OAKS AND THE BEST OF THE OTHER RACES FROM EPSOM TODAY LITTLE more than three months ago, trainer Jessica Harrington had hurdling’s number one prize on her agenda as the now-retired AP McCoy unsuccessfully attempted to ride Jezki to back-to-back Champion Hurdle successes at Cheltenham. Today the playing field is [...]
Analyst Views: How is British Land performing compared with its peers? November 13, 2013 MICHAEL BURT | LIBERUM CAPITAL“The interims are what we had hoped for. The 4.5 per cent first half net asset value (NAV) growth is around one per cent ahead of our forecast and also represents meaningful outperformance of Land Securities in both retail and offices…We remain buyers. MIKE PREW | JEFFERIES“The net asset value beat [...]
VEC lands third British ecigarette company as industry booms June 9, 2014 US Victory Electronic Cigarettes (VEC) has acquired its third British ecigarette company in six months for $104m (£62m). Ten Motives, one of the largest and fastest growing ecigarette companies in Europe, was founded in 2008 by former telecoms Art Devlin. Ten Motives has long term relationships with leading retailers, such as Sainsbury's, Tesco and Bargain [...]
Britain’s 20 most attractive employers are … John Lewis, BMW, British Airways April 8, 2015 We spend the vast majority of our waking lives at work. And yet so many of us grumble about where we work, spend our lives worrying about job security and sometimes end up dedicating our evenings and weekends to getting the job done too. So it might be worth taking note of a new survey [...]
Global turbulence to rock UK: Trouble in the Eurozone, Fed rate hikes and a Chinese slowdown could hit markets June 8, 2015 Yesterday, the Confederation of British Industry (CBI) revised its UK economic growth forecasts to 2.4 per cent and 2.5 per cent for 2015 and 2016 respectively, down from 2.7 per cent and 2.6 per cent. It wasn’t troubles at home that concerned the business organisation. The CBI cited economic instability in Greece, a sluggish Eurozone, [...]
Labour made a strategic error in opposing an EU vote: It must reverse course May 14, 2015 Now that the stoor is settling, Labour might want to consider some of the blunders Ed Miliband made that helped drive voters towards the Conservatives – or even Ukip. The first is that Labour made a strategic error by not offering an in/out EU referendum. This misjudgement delivered four outcomes that Miliband could have avoided: [...]
VEC lands third British e-cigarette company as industry booms June 9, 2014 US Victory Electronic Cigarettes (VEC) has acquired its third British e-cigarette company in six months for $104m (£62m). Ten Motives, one of the largest and fastest growing e-cigarette companies in Europe, was founded in 2008 by former telecoms Art Devlin. Ten Motives has long term relationships with leading retailers, such as Sainsbury’s, Tesco and Bargain [...]
Autumn Statement 2015: George Osborne’s speech transcript in full including stamp duty, business rates and corporation tax announcements November 25, 2015 Mr Speaker, this Spending Review delivers on the commitment we made to the British people that we would put security first. To protect our economic security, by taking the difficult decisions to live within our means and bring down our debt. To protect our national security, by defending our country’s interests abroad and keeping our [...]
Jaguar Land Rover creates 1,300 UK jobs as it plans a new model January 11, 2015 BRITISH car-maker Jaguar Land Rover is to create 1,300 new jobs at its Solihull manufacturing plant. The company, which is owned by Indian industrial group Tata, has also confirmed today that it will add a new Jaguar performance crossover model to its product portfolio. The new model is set to go on sale in 2016. [...]