The Nominations: A very warm welcome to the shortlists for the City A.M. awards 2013 September 8, 2013 TODAY we kick off the countdown to this year’s City A.M. Awards with the first of the shortlists for an event that has rapidly established itself as a highpoint in the annual calendar. Our awards, now in their fourth year, celebrate all of the City’s main sectors and the people that make sure London remains [...]
The French build three times more new homes than we do August 16, 2013 THERE is a first time for everything. Today, I’m going to praise something about the French economy – well, sort of, at least. This year is proving to be “bad” for housebuilding in recession-hit France, so there were “just” 342,000 housing starts in the year to June 2013, down 14.2 per cent on the previous [...]
The French build three times more new homes than we do August 13, 2013 THERE is a first time for everything. Today, I’m going to praise something about the French economy – well, sort of, at least. This year is proving to be “bad” for housebuilding in recession-hit France, so there were “just” 342,000 housing starts in the year to June 2013, down 14.2 per cent on the previous [...]
Plenty of FTSE faces at Rudd’s Finsbury bash November 8, 2012 TO SW1 last night where senior City figures attended the annual drinks party given by Roland Rudd, boss of City PR outfit RLM Finsbury. Among the guest list were Stephen Hester of RBS, Chris Gibson-Smith of British Land, M&S chairman Robert Swannell, easyJet’s boss Carolyn McCall, Sir Charles Dunstone of Carphone. Roland’s sister Amber Rudd [...]
FTSE 100 down as Eurozone outlines banking supervision rules December 13, 2012 The leading share index was trading around 0.2 per cent down this morning, as Europe finance ministers clinched a deal to give the European Central Bank new powers to supervise Eurozone banks from 2014. Energy services firm Wood Group was the biggest blue chip faller, sinking more than 2.5 per cent in early deals. In [...]
Mark Carney’s policy has amplified political opportunity for the Tories August 11, 2013 NO REAL rock star has ever received such rave reviews for promising to do nothing for three years. But Mark Carney breaks the mould. The new Bank of England governor has pledged to keep interest rates at 0.5 per cent until 2016, unless the economy is threatened by “knockout” conditions. Keeping the taps of cheap [...]
Retail gloom takes toll on British Land February 9, 2012 BRITISH LAND has seen growth of its net asset value stall in the third quarter as the ongoing consumer downturn led to a slight dip in value across its retail portfolio. The landlord – whose tenants include Tesco, Sainsbury’s and Debenhams – said its retail estate, which accounts for 61 per cent of its property [...]
Bank minutes to show appetite for QE as public borrowing is revealed November 18, 2012 MINUTES from the Bank of England’s November monetary policy committee (MPC) meeting will this week give further clues about the appetite for further quantitative easing (QE) and the extent to which the recent rise in inflation has affected the committee’s decision making. The release is due out on Wednesday, along with public sector net borrowing [...]
How to win a promotion at work September 16, 2013 Land the job (and salary) you deserve by flaunting your skills, innovating, and socialising with your boss YOU SHUFFLE into your office on a blustery day, fidget into your chair, and check your emails. A message from the boss catches your eye. The subject line reads, “Can you see me in five?” His printer’s probably [...]
US indices group MSCI acquires property specialist IPD for £78m October 31, 2012 US INDICES group MSCI has agreed to buy Investment Property Databank (IPD), a private company that provides crucial information for the property industry, in a £78m deal. The sale will generate a huge windfall for IPD’s founders Rupert Nabarro and Ian Cullen, who set up the company 27 years ago. The pair will share £26m [...]