PROPERTY NEWS January 6, 2011 WHERE TO BUY IN 2011 Predictions for the property market may be uncertain, but independent homefinders network County Homesearch has named the areas it expects to be bucking the trend for sliding prices. These include perennial favourites like Alderley Edge in Cheshire, Exeter in Devon and East Hampshire, but it also names places such as [...]
Blackstone to investigate Northern Rock acquisition June 19, 2011 US PRIVATE equity giant Blackstone is in line to receive an information memorandum on Northern Rock, making the firm one on a short list of potential buyers for the nationalised lender when it is auctioned later this year. A source familiar with the matter told City A.M. that Blackstone will request the memorandum, due to [...]
Blackstone to investigate Northern Rock acquisition June 19, 2011 US PRIVATE equity giant Blackstone is in line to receive an information memorandum on Northern Rock, making the firm one on a short list of potential buyers for the nationalised lender when it is auctioned later this year. A source familiar with the matter told City A.M. that Blackstone will request the memorandum, due to [...]
Investors in fine wines toast gains July 18, 2011 FINE wine remains a good choice for investors, who enjoyed steady gains of over 13 per cent during the first six months of 2011, according to Bordeaux Index. Gary Boom, founder and MD of the fine wine merchant, said that 15 per cent growth in wine sales in the first quarter of the year reinforced [...]
Investors in fine wines toast gains July 18, 2011 FINE wine remains a good choice for investors, who enjoyed steady gains of over 13 per cent during the first six months of 2011, according to Bordeaux Index. Gary Boom, founder and MD of the fine wine merchant, said that 15 per cent growth in wine sales in the first quarter of the year reinforced [...]
Six parties in Lloyds talks for branches July 24, 2011 LLOYDS is in talks with six interested parties over the sale of its 632 branches, City A.M. understands, despite only two of them having submitted formal bids so far. However, some of those involved are only interested in chunks of the £68bn in assets on sale, which could prove a headache for regulators who want [...]
Businesses need alternate ways to access cash September 15, 2011 REGIONAL DIRECTOR, GE CAPITAL ANY review of economic data at the moment will confirm that the outlook for UK business remains uncertain. That said, there is still evidence that growth is on the agenda for many businesses in London and activity in the transactions market is increasing. This includes interest from both private equity and [...]
WHAT THE OTHER PAPERS SAY THIS MORNING August 11, 2011 FINANCIAL TIMES LI & FUNG UPBEAT OVER THE GLOBAL ECONOMY Li & Fung, the Hong Kong-headquartered sourcing company for retailers such as Walmart and Debenhams, sounded an upbeat note on Thursday, asserting that business conditions were “not at all” like those in 2008”, despite the current uncertainty over prospects for the global economy. Bruce Rockowitz, [...]
What the other papers say this morning January 16, 2011 FINANCIAL TIMES RBS DIRECTOR TO STEP DOWN FROM BOARD One of the last Royal Bank of Scotland directors to remain on the bank’s board from the days of Sir Fred goodwin is poised to step down from his role. Colin Buchan, 56, a former UBS investment banker who until recently was chairman of RBS’s remuneration [...]
What the other papers say this morning January 16, 2011 FINANCIAL TIMES RBS DIRECTOR TO STEP DOWN FROM BOARD One of the last Royal Bank of Scotland directors to remain on the bank’s board from the days of Sir Fred goodwin is poised to step down from his role. Colin Buchan, 56, a former UBS investment banker who until recently was chairman of RBS’s remuneration [...]