FTSE rally tops fresh peaks yet UK banks slip January 29, 2013 BRITAIN’S top share index hit new four and a half year peaks yesterday, with a strong rally in miners outweighing concerns about continuing problems in the banking sector. Data from the US offered fresh proof of improvement in the world’s biggest economy, with a strong pick-up in housing prices following above-forecast durable goods data the [...]
Ten top City of London givers December 20, 2012 MICHAEL SPENCER BROKING The Icap Charity Day celebrated its 20th anniversary this December, raising £11m for charities in the process. The annual pre-Christmas event is a celebrity-studded occasion on which all revenues and commissions from the world’s leading interdealer broker are donated. Chief executive Michael Spencer has played a major role in the success of [...]
The Square Mile comes out in force for London’s Poppy Day November 1, 2012 WITH Poppy Day fundraising events happening all over London yesterday, from Covent Garden to Clarence House, the Square Mile certainly did not let the capital down. The Military Wives Choir were serenading the masses on the steps of St Paul’s Cathedral; and over in Leadenhall market HMS Collingwood Band were striking a chord with City [...]
The Square Mile comes out in force for London’s Poppy Day November 1, 2012 WITH Poppy Day fundraising events happening all over London yesterday, from Covent Garden to Clarence House, the Square Mile certainly did not let the capital down. The Military Wives Choir were serenading the masses on the steps of St Paul’s Cathedral; and over in Leadenhall market HMS Collingwood Band were striking a chord with City [...]
Lloyds in pole position to eat up D&D London December 9, 2012 TAXPAYER-backed Lloyds Banking Group has emerged as favourite in the race to take over the high end restaurant group D&D London, the firm behind City dining venues like Coq d’Argent, Le Pont de la Tour and The Grand Café at the Royal Exchange. The bank, through its private equity vehicle LDC, is understood to be [...]
Get set for Europe’s finest boatshow January 7, 2013 The Tullett Prebon London Boat Show returns to ExCeL London from 12-20 January 2013 and promises to light up the capital with a stunning showcase of all things marine. The annual Show, this year situated within ExCeL’s South hall, is widely renowned for being the first place to see the newest marine innovations, designs and [...]
London Report: UK’s corporate calendar packed in results season July 28, 2013 THE CORPORATE calendar is packed this week, as businesses including ITV, BP, Lloyds, Barclays and Royal Bank of Scotland update the market amid a swathe of other results. The week begins with figures from Fidessa Group, Hammerson, InterContinental Hotels Group, Intertek Group, JKX Oil & Gas, Keller Group, Senior, Vernalis, Reckitt Benckiser Group, National Grid, [...]
London Report: Blue chips drop as ex-dividends spark sell off August 14, 2013 THE FTSE 100 ended lower yesterday, with losses for companies going ex-dividend offsetting the impact of positive macroeconomic data, which lifted financial stocks. Kazakh miner ENRC, down 2.7 per cent, was among the top fallers on the FTSE 100 after announcing a steeper-than-expected drop in first-half profit, while global miner Rio Tinto fell 1.8 per [...]
The London Art Fair returns – and it’s bigger than ever before January 17, 2013 WHETHER YOU’RE a serious art connoisseur or have a more general interest, make sure to head down to the London Art Fair this weekend. In recent years it has struggled to compete with the likes of Frieze but if there was ever a time to visit, it’s now. This year’s event sees 100 leading British [...]
Hilco snaps up HMV debt pile to take control January 22, 2013 HMV was given a potential lifeline yesterday after restructuring firm Hilco bought the crisis-hit music retailer’s debt for about £40m, effectively giving it control of the group. Hilco – which already owns HMV Canada – confirmed yesterday it had acquired HMV’s debt from the group’s consortium of lenders led by the Royal Bank of Scotland [...]