Applications to build sink in downturn June 6, 2010 APPLICATIONS for permission to build new commercial property developments plunged sharply over the past year, as a number of high-profile developers succumbed to the downturn and demand for office and retail space faltered. In the past year, 21,729 commercial property planning applications were lodged in England, down 15 per cent from 25,600 the previous year, [...]
ANCIENT INDIAN SEXUAL WISDOM, PIPED LIKE MUSIC TO YOUR EARS August 4, 2010 HURRAH for technology: the days of keeping up appearances among fellow passengers by trawling through suitably intellectual reading material on the daily commute are officially over. The Kama Sutra, that literary fountain of Indian sexual wisdom, has been released in audio book format for the first time in its 1,600 year history. Publisher Beautiful Books [...]
RBS to axe 500 technology jobs over three years June 2, 2010 ROYAL Bank of Scotland (RBS) plans to cut up to 500 jobs over three years in its UK wealth management business after a major overhaul in technology. The bank, more than 80 per cent owned by the UK government after it was bailed out during the credit crunch, said the roles would be cut across [...]
RBS to axe 500 technology jobs over three years June 2, 2010 ROYAL Bank of Scotland (RBS) plans to cut up to 500 jobs over three years in its UK wealth management business after a major overhaul in technology. The bank, more than 80 per cent owned by the UK government after it was bailed out during the credit crunch, said the roles would be cut across [...]
Miners carry the FTSE to small gains after talk Australia could axe new tax June 10, 2010 ARALLY by miners lifted Britain’s top share index by the close on Thursday, while improved economic sentiment gave the banks a boost. Another sharp fall for BP, however, limited the index’s gains, as the costs of the disastrous oil spill in the Gulf of Mexico continued to cloud the company’s future. Miners delivered the bulk [...]
WHAT THE OTHER PAPERS SAY THIS MORNING July 19, 2010 FINANCIAL TIMES FUND BEARS LEAD THE PACK IN VOLATILE MARKETS Bearish hedge fund managers are making their biggest gains since the collapse of Lehman Brothers. Only a handful of hedge fund managers have made money in May and June, when many of the industry’s biggest names were caught out by a sharp rise in market [...]
Fading Eurozone fears push banks up while bid activity sends BSkyB higher June 15, 2010 A RALLY by banks, fuelled by demand in European bond auctions on easing debt concerns, helped Britain’s top share index higher yesterday, with BSkyB up after an approach by News Corp. The FTSE 100 closed up 15.69 points or 0.3 per cent at 5,217.82, the highest closing level since 15 May, and taking its winning [...]
FTSE is boosted by banks as stress test fears begin to ease July 7, 2010 BRITAIN’S leading share index ended higher after a choppy session yesterday, driven by a recovery in banking stocks on reassuring comments from US peer State Street and an easing of stress test fears. At the close, the FTSE 100 index was 49.82 points higher, or up 1.0 per cent, at 5,014.82, its high for the [...]
FTSE is boosted by banks as stress test fears begin to ease July 7, 2010 BRITAIN’S leading share index ended higher after a choppy session yesterday, driven by a recovery in banking stocks on reassuring comments from US peer State Street and an easing of stress test fears. At the close, the FTSE 100 index was 49.82 points higher, or up 1.0 per cent, at 5,014.82, its high for the [...]
CITY MOVES | WHO’S SWITCHING JOBS December 7, 2010 Aviva Investors Aviva Investors has appointed a new client portfolio manager for fixed income, Raphaelle Moysan (pictured). She will be responsible for liaising with potential clients with a focus on fixed income and absolute return. She will be based in London and report to Anne-Sophie Girault, while also working with the fixed income teams globally. [...]