FTSE 100 sinks again over fears of Middle East unrest February 23, 2011 POLITICAL turmoil in Libya and the threat of contagion across the Middle East and North Africa sent Britain’s leading shares lower yesterday, testing seven-month technical support levels. The FTSE 100 index was 73.23 points, or 1.2 per cent, lower at 5,923.53, extending its declines to more than 2.5 per cent on the week. London’s blue [...]
Seville can bounce back and upset Sea Moon in tomorrow’s St Leger September 8, 2011 WHEN Sea Moon quickened eight lengths clear of the Great Voltigeur field at York last month, he immediately shot to the head of the betting for tomorrow’s Ladbrokes St Leger. Sir Michael Stoute’s new stable star was having only his fourth racecourse start and has apparently blossomed since that jaw-dropping York performance. As a half-brother [...]
RUDD’S 50TH BRINGS BIG BUSINESS TO SOMERSET June 19, 2011 THE SOMERSET economy received a much-needed boost over the weekend, when local taxis, security firms and caterers were booked out solidly for the 50th birthday celebrations of Finsbury boss Roland Rudd at his Grade 1-listed country pile. Around 400 City leaders and friends prioritised the PR-chief’s party over George Osborne’s 40th at the chancellor’s grace-and-favour [...]
Hopes of revival for financial sector drives the FTSE higher February 16, 2011 BRITAIN’S leading share index rallied yesterday, powered by banks, on hopes for further upbeat earnings in the sector after Barclays and French peer Societe Generale set the standard. HSBC gained 2.8 per cent, Royal Bank of Scotland rose 4.3 per cent and Barclays, which reported results on Tuesday, was up 1.0 per cent. Societe Generale [...]
Hopes of revival for financial sector drives the FTSE higher February 16, 2011 BRITAIN’S leading share index rallied yesterday, powered by banks, on hopes for further upbeat earnings in the sector after Barclays and French peer Societe Generale set the standard. HSBC gained 2.8 per cent, Royal Bank of Scotland rose 4.3 per cent and Barclays, which reported results on Tuesday, was up 1.0 per cent. Societe Generale [...]
BROCKET DIGS DEEP IN SPORTS CARS HUNT August 3, 2011 IT IS almost 13 years to the day since Lord Brocket walked free from Springhill open prison after serving two-and-half years for insurance fraud, and The Capitalist hears a party is potentially in the offing to mark the happy occasion. This will be no ordinary celebration though, if the outlandish suggestion actually becomes a reality [...]
BROCKET DIGS DEEP IN SPORTS CARS HUNT August 3, 2011 IT IS almost 13 years to the day since Lord Brocket walked free from Springhill open prison after serving two-and-half years for insurance fraud, and The Capitalist hears a party is potentially in the offing to mark the happy occasion. This will be no ordinary celebration though, if the outlandish suggestion actually becomes a reality [...]
EU property sector lobbying against €100bn regulatory hit January 14, 2011 EUROPE’S property sector is lobbying regulators not to tighten the rules on interest rate swaps as it faces a possible €100bn (£84bn) hit from being lumped together with speculative investors. The proposed European Market Infrastructure Regulation (EMIR) could devastate property companies, which would need to put up collateral when taking out an interest rate swap [...]
Banks hit by Greece loan delay June 20, 2011 Banking stocks took a pummeling in early trading today as Eurozone ministers stalled on loan payments to Greece creating more uncertainty surrounding the beleaguered country. Ministers said Greece would need to introduce harsh austerity measures before it received the 12bn euros (£10.6bn) in loans. The FTSE 100 was dented by the news and European markets [...]
WHAT THE OTHER PAPERS SAY THIS MORNING July 6, 2011 FINANCIAL TIMES SPOTIFY SIGNS DEAL WITH VIRGIN Spotify and Virgin Media on Wednesday announced a deal that could help the music streaming service boost numbers of paying customers and reach a wider audience. By the end of the year, Virgin Media’s 4m UK customers will be able to access Spotify’s catalogue of 13m songs through [...]