London Report: Carney likely to bear good news about inflation November 10, 2013 GOVERNOR of the Bank of England Mark Carney is likely to be the bearer of good news when he presents his inflation report on Wednesday, with the growth rate heading up and the unemployment rate coming down. Carney pledged in August not to raise rates until unemployment fell to at least seven per cent, a [...]
FTSE 100 creeps up on improved Chinese data December 14, 2012 The leading share index was broadly flat in early deals, edging up slightly after improved manufacturing data from China raised hopes for the global economy. Of the blue chips, Bunzl and Johnson Matthey added 1.13 per cent and one per cent respectively this morning, while miner Xstrata topped the leader board, increasing 1.15 per cent. [...]
Apprehension over US election leads FTSE 100 lower November 5, 2012 The blue chip index was trading down this morning, as investors awaited the outcome of a tightly-fought US election. Miners weighed on the main share index this morning, while ITV also sustained losses. On the FTSE All-Share, data centre provider Telecity fell almost 8.5 per cent in early deals despite reporting robust trading across its [...]
Volex counts cost of snub from Apple over iPhone 5 connector October 31, 2012 APPLE’S decision to change the connector used in the latest iPhone has been tough on electrical component maker Volex, which was snubbed by Apple for the iPhone 5 after years of making its connectors. The company revealed yesterday that sales in the six months to the end of September had fallen on last year, and [...]
Volex counts cost of snub from Apple over iPhone 5 connector October 31, 2012 APPLE’S decision to change the connector used in the latest iPhone has been tough on electrical component maker Volex, which was snubbed by Apple for the iPhone 5 after years of making its connectors. The company revealed yesterday that sales in the six months to the end of September had fallen on last year, and [...]
Apple shares hit fresh record September 18, 2012 SHARES in Apple hit a record high yesterday as momentum over the launch of the iPhone 5 pushed the stock past $700 for the first time. After the firm sold more than 2m iPhones in the first 24 hours of pre-orders, Carphone Warehouse revealed it had taken more than four times as many orders for [...]
Miners and financials fall on the FTSE 100 September 18, 2012 The blue chip index sank in early trading, as headline mining and financial shares pulled it down. Electrical connections provider Volex was down by more than 30 per cent in early trading as it announced it expects full-year profit and revenue to fall short of expectations. Miners Ferrexpo and Eurasian fell by 4.68 per cent [...]
Profits drop at Apple’s cable maker May 29, 2012 Profits fell for cable maker Volex as consumer electronics giant Apple, its biggest client, pushed for “greener” halogen-free cables. Volex, 23 per cent owned by Nat Rothschild, posted a decline of five per cent in annual pre-tax profit to $19.21m but said underlying profits grew by 23 per cent.
CITY MOVES WHO’S SWITCHING JOBS September 27, 2009 F&CF&C has appointed Philip Martin as Head of Proposition for its UK retail business. He was formerly at Nucleus Financial Group which he co-founded in 2006.Martin has worked at the Life Association of Scotland, Ivory & Sime and Scottish Life International. He ran his own strategic marketing and product development consultancy, Abacus, before co-founding Nucleus. [...]