Five ways to get the UK economy back in the black November 28, 2011 IT’S time for the UK to get real. The country is deeply in debt. The coalition made deficit reduction the prime aim of its governing agreement. It was a great idea then. It is a great idea now. It needs delivery. First, let’s be bold with the banks. The UK private sector needs easier access [...]
SOMETHING FOR THE WEEKEND | HELENA LEE November 3, 2011 COLLABORATORS Collaborators, a new play about Stalin, is on at the Cottesloe theatre and stars Simon Russell Beale and Alex Jennings. The evening may already be sold out, but day tickets are available, from £12. The play will also be broadcast to cinemas across the world on 1 December as part of National Theatre Live. [...]
WHAT THE OTHER PAPERS SAY THIS MORNING December 14, 2011 FINANCIAL TIMES BANKS FACE €350BN BASEL III SHORTFALL European banks will have to raise nearly €200bn ($260bn) in new capital or cut their balance sheets by nearly 20 per cent, to achieve the tougher new Basel III banking reform rules that start taking effect in 2013, a new study has found. The study by the [...]
L&G to battle buyout group for Cofunds November 13, 2011 LEGAL & General and private equity house Bridgepoint are set to battle it out for control of investor supermarket Cofunds. The insurer, which is the largest shareholder with a 25 per cent stake, has expressed its interest to Cofunds and Mark Gregory, the executive director of savings at L&G, recently approached Cofunds chairman Charlie Eppinger [...]
L&G to battle buyout group for Cofunds November 13, 2011 LEGAL & General and private equity house Bridgepoint are set to battle it out for control of investor supermarket Cofunds. The insurer, which is the largest shareholder with a 25 per cent stake, has expressed its interest to Cofunds and Mark Gregory, the executive director of savings at L&G, recently approached Cofunds chairman Charlie Eppinger [...]
Grainger sees a house sale jump October 13, 2011 PROPERTY developer Grainger yesterday said its sales were up by almost a quarter to £223m in the year to September, as sales of property occupied by businesses rose 60 per cent. Grainger, the UK’s biggest listed property owner, said its margins were better than in 2010 and it had started the new financial year with [...]
Taylor Wimpey reports steady autumn November 7, 2011 Homebuilder Taylor Wimpey said trading in the busy Autumn selling period had been stable and it is on track to meet margin targets. The UK’s second-largest volume housebuilder by market value said its current order book for future completions stood at 6,265 homes, against 5,496 homes at the same point last year. The group is [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 15, 2011 FINANCIAL TIMES HGCAPITAL IN TALKS TO BUY BACK IAS HgCapital, the mid-market private equity group, is in talks to buy back the main part of Iris Software Group four years after it sold the UK’s largest private business software maker to Hellman & Friedman. The buy-out house has approached its larger US rival with a [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 15, 2011 FINANCIAL TIMES HGCAPITAL IN TALKS TO BUY BACK IAS HgCapital, the mid-market private equity group, is in talks to buy back the main part of Iris Software Group four years after it sold the UK’s largest private business software maker to Hellman & Friedman. The buy-out house has approached its larger US rival with a [...]
Super prime property set to hit records November 15, 2011 LONDON’S super prime residential developments are expected to achieve record values of £10,000 per square foot as the capital continues to attract wealthy international investors, research from Knight Frank shows. Demand for luxury apartments and houses in London’s golden postcodes like Mayfair and Knightsbridge boomed earlier this century, with market values escalating from £1,000 per [...]