THE WEEK AHEAD October 30, 2011 COMPANY NEWS ● Barclays announces today. It traces its origins back to 1690, when John Freame and Thomas Gould traded as goldsmith bankers in Lombard Street. Eagle eyes await results. ● Imperial Tobacco announces tomorrow. Its brands include Davidoff, West, Gauloises Blondes, Montecristo and Drum. It was created in 1901 through the amalgamation of thirteen [...]
THE WEEK AHEAD October 30, 2011 COMPANY NEWS ● Barclays announces today. It traces its origins back to 1690, when John Freame and Thomas Gould traded as goldsmith bankers in Lombard Street. Eagle eyes await results. ● Imperial Tobacco announces tomorrow. Its brands include Davidoff, West, Gauloises Blondes, Montecristo and Drum. It was created in 1901 through the amalgamation of thirteen [...]
This tax will not fly: Don’t ground Britain’s growth November 17, 2011 THE chief executives of rival airlines Virgin Atlantic, easyJet, Ryanair and the IAG group – which includes British Airways – do not normally agree to share a platform. That they chose to yesterday morning – outlining their opposition to Air Passenger Duty (APD) – is a sign of how seriously the aviation sector takes this [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 16, 2011 FINANCIAL TIMES TRIBUNAL HEARS OF UBS EFFORT TO ROOT OUT ROGUES UBS initiated a root-and-branch review of compliance practices in 2007 following unauthorised trading on its UK wealth management division’s Africa desk, a UK tribunal has heard. The revelation of another incident of rogue trading in London came from the barrister for one of the [...]
Flybe plunges after it warns on its profits October 5, 2011 REGIONAL airline group Flybe yesterday saw its shares plummet by 36 per cent after it slashed guidance for its 2012 profits, due to a slowdown in demand on domestic flights. In its second profit warning this year, Flybe said revenues in the six months to October were one per cent behind management’s expectations while costs [...]
FTSE slumps to seven-week low on further euro unease November 22, 2011 BRITAIN’S top shares index hit a seven-week closing low yesterday, led lower by energy stocks on worries slower US growth would crimp demand for crude while Commerzbank’s funding concerns hit Royal Bank of Scotland and Lloyds Banking Group. The US economy grew more slowly than previously expected in the third quarter, and the news hurt [...]
FTSE slumps to seven-week low on further euro unease November 22, 2011 BRITAIN’S top shares index hit a seven-week closing low yesterday, led lower by energy stocks on worries slower US growth would crimp demand for crude while Commerzbank’s funding concerns hit Royal Bank of Scotland and Lloyds Banking Group. The US economy grew more slowly than previously expected in the third quarter, and the news hurt [...]
MEGA-BRAND ADDS BANKING TO ITS WIDE RANGING INTERESTS November 17, 2011 VIRGIN MONEY With the purchase of 74 Northern Rock branches, the Virgin Money brand has just got a whole lot bigger. It already has a banking licence, having purchased Church House Trust, a tiny bank, in January 2010. It offers credit cards in conjunction with MBNA; mortgages in a joint venture with RBS-backed The One [...]
Sir Stelios’ Fastjet may compete on Transatlantic route October 2, 2011 EASYJET’s founder Sir Stelios Haji-Iaonnou is considering launching a transatlantic airline which would see him go head to head with British Airways and Virgin Atlantic. The new airline branded Fastjet is unlikely to directly compete with easyJet, which operates flights mainly in Europe, according to reports this weekend. A source close to the company told [...]
Sir Stelios’ Fastjet may compete on Transatlantic route October 2, 2011 EASYJET’s founder Sir Stelios Haji-Iaonnou is considering launching a transatlantic airline which would see him go head to head with British Airways and Virgin Atlantic. The new airline branded Fastjet is unlikely to directly compete with easyJet, which operates flights mainly in Europe, according to reports this weekend. A source close to the company told [...]