FTSE solid as investors eye US jobs data July 8, 2011 The FTSE 100 started out on the front foot today as investors awaited key US jobs data to assess the strength of the country’s economic recovery. Positive performances on Asian markets and on Wall Street buoyed sentiment in London with the non farms payroll figures to set the tone for trading later. Greece will also [...]
Activists break into Xstrata’s London site November 30, 2011 PROTESTERS from the Occupy movement stormed the London base of mining giant Xstrata yesterday to highlight the pay package of its chief executive. Activists also climbed onto the roof of the Haymarket building, set off flares to the soundtrack of samba music and hung a banner declaring: “All power to the 99 per cent”. The [...]
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 [...]
Virgin attacks IAG’s BMI bid November 6, 2011 VIRGIN Atlantic has lashed out at British Airways owner International Airline Group’s (IAG) bid to buy the loss-making BMI from Germany’s Lufthansa, warning that it still faces competition concerns before it can proceed. Virgin responded to IAG’s announcement on Friday that it had “reached an agreement in principle” to buy BMI by confirming it had [...]
Virgin attacks IAG’s BMI bid November 6, 2011 VIRGIN Atlantic has lashed out at British Airways owner International Airline Group’s (IAG) bid to buy the loss-making BMI from Germany’s Lufthansa, warning that it still faces competition concerns before it can proceed. Virgin responded to IAG’s announcement on Friday that it had “reached an agreement in principle” to buy BMI by confirming it had [...]
RAPID RESPONSES January 15, 2012 Disagree with Nick I very much agree with Allister Heath’s comments on Friday [Clegg’s latest nonsense] about Nick Clegg’s initiative regarding job applications. As you say, the key is improving education, and not coming up with idiotic proposals such as this. I come from a pretty humble background, and had a solid, redbrick grammar school [...]
Banks in retreat after Portugal downgrade July 6, 2011 The FTSE 100 lost ground on opening today after Moody’s cut Portugal’s credit rating to “junk” sending banking shares down. As the Eurozone crisis deepened investors abandoned risky equities as banks’ exposure to the crisis in the eurozone came under the spotlight. The euro fell sharply after the Moody’s four-notch downgrade to Ba2, with the [...]
Banks in retreat after Portugal downgrade July 6, 2011 The FTSE 100 lost ground on opening today after Moody’s cut Portugal’s credit rating to “junk” sending banking shares down. As the Eurozone crisis deepened investors abandoned risky equities as banks’ exposure to the crisis in the eurozone came under the spotlight. The euro fell sharply after the Moody’s four-notch downgrade to Ba2, with the [...]
Lord Wolfson: don’t protect Broadgate June 12, 2011 NEXT chief executive Lord Wolfson has backed City A.M.’s campaign to allow the redevelopment of the Broadgate estate near Liverpool Street, warning that “unthinking bureaucracy is fossilising the economy” by giving the site listed status. Wolfson, who sits in the House of Lords as a Conservative peer, said English Heritage’s move to recommend the listing [...]
BUREAUCRATS LOSE BROADGATE BATTLE June 14, 2011 VICTORY FOR CITY A.M. CAMPAIGN CULTURE secretary Jeremy Hunt will not save the Broadgate estate from demolition, City A.M. can reveal, marking a victory for our campaign against bureaucrats that wanted to protect the site. Hunt is expected to announce today that he is rejecting advice from conservation body English Heritage, which recommended that the [...]