Britain needs to take Chinese lessons January 3, 2012 IT is quite fashionable to be bearish on China these days. Few think the Asian superpower will be able to brush off the Eurozone woes, inflation is sky high and its housing market bubble is about to go pop. I’ve noticed a certain smugness in those who predict pain for the Chinese, as though it [...]
Britain needs to take Chinese lessons January 3, 2012 IT is quite fashionable to be bearish on China these days. Few think the Asian superpower will be able to brush off the Eurozone woes, inflation is sky high and its housing market bubble is about to go pop. I’ve noticed a certain smugness in those who predict pain for the Chinese, as though it [...]
House prices in London hit a 3-year high May 31, 2011 HOUSE prices in London have jumped to their highest level since January 2008, figures from the Land Registry revealed yesterday. The average home in the capital cost £352,187 in April, up three per cent from the previous month. Prices were up by 0.8 per cent across the UK, yet remained 1.3 per cent below the [...]
House prices in London hit a 3-year high May 31, 2011 HOUSE prices in London have jumped to their highest level since January 2008, figures from the Land Registry revealed yesterday. The average home in the capital cost £352,187 in April, up three per cent from the previous month. Prices were up by 0.8 per cent across the UK, yet remained 1.3 per cent below the [...]
SPAIN’S BOND SALE SPARKS SANTA RALLY December 20, 2011 SPAIN’S borrowing cost halved yesterday, triggering a one-week high FTSE close and a jump throughout markets in Europe and across the pond. The Dow Jones spiked to finish up 2.87 per cent in New York, with a cluster of positive economic data also contributing to a possible “Santa rally” before the holiday break. US housing [...]
Shares slump at L&S after GE pulls out December 8, 2011 SHARES in London & Stamford Property plunged by more than 13 per cent yesterday after its largest shareholder sold its stake in the struggling business. London & Stamford stock fell by 13.2 per cent during the day before closing down 7.55 per cent at 106.5p after GE Asset Management offloaded all of its 74m shares, [...]
PIPPA MIDDLETON JOINS BANKERS AT MAHIKI DUO’S LOW-KEY LAUNCH December 8, 2011 PIPPA Middleton is out and about again after splitting from her boyfriend Alex Loudon, an analyst at brewing giant SAB Miller. And one of the first places Middleton has patronised in her newly single life is the Markham Inn on Elystan Street, the latest restaurant venture from Mahiki owners Nick House and Piers Adam that [...]
Thomas on growth track after Apax’s $680m sale October 24, 2011 THOMAS the Tank Engine is set to travel further into new markets after parent company Hit Entertainment was sold to US toy giant Mattel for $680m (£425m). Private equity house Apax Partners yesterday agreed to sell the firm to Mattel, best known for its Barbie and Fisher-Price brands. A deal, worth up to $1.5bn, was first [...]
Mild autumn boosts profit at Kingfisher December 1, 2011 KINGFISHER posted better-than-expected third quarter profits yesterday, after the unseasonally mild autumn weather helped boost sales at the retailer’s stores in the UK and France. Europe’s biggest DIY company, which runs over 800 stores across the continent, posted a 13.9 per cent rise in operating profit to £273m in the the 13 weeks to 29 [...]
Mild autumn boosts profit at Kingfisher December 1, 2011 KINGFISHER posted better-than-expected third quarter profits yesterday, after the unseasonally mild autumn weather helped boost sales at the retailer’s stores in the UK and France. Europe’s biggest DIY company, which runs over 800 stores across the continent, posted a 13.9 per cent rise in operating profit to £273m in the the 13 weeks to 29 [...]