What the other papers say this morning September 5, 2012 FINANCIAL TIMES Citigroup targets European banks Citigroup is launching a commodity trade finance business to capitalise on the pullback from the market by European lenders such as BNP Paribas. European banks including BNP and Crédit Agricole are scaling back their presence to limit their need for scarce dollars and comply with tougher regulatory capital requirements. [...]
LONDON 2012 IMAGE OF THE WEEK June 7, 2012 London 2012 has unveiled the key items that will be used across the 805 victory ceremonies at the Olympic and Paralympic Games. The royal purple podiums have been created by students from the Royal College of Art in London. The bouquets were designed by UK florist Jane Packer. Between now and the start of the [...]
Surveyors: housing woe is here to stay July 9, 2012 THE HOUSING market remained depressed in June, as demand stayed low and supply shrunk, according to data published yesterday by the Royal Institute of Chartered Surveyors (RICS). House prices slumped further, with 22 per cent more respondents reporting drops than upturn. Though London was an exception, prices in the capital still grew at a slower [...]
Upgrades for road, rail and IT take shape March 21, 2012 THE COALITION’S multi-billion pound plans for sweeping infrastructure upgrades are starting to take shape, with £2bn of pension involvement revealed yesterday and new plans to upgrade London’s transport and technology networks. George Osborne said British pension funds have pledged the first £2bn towards a new Pension Infrastructure Platform, first trailed in autumn, with more firms [...]
PROPERTY GROUP OF THE YEAR July 31, 2012 IT HAS been another testing year for most industries, not least for the property sector. The main theme has been the continued lack of available debt, which has dried up development projects, while ongoing uncertainty in the global economy has shaken confidence and in turn stifled demand for space. But it has not all been [...]
FTSE maintains its four-month high despite hit from ex-dividend stocks August 8, 2012 BRITAIN’S blue chip share index rose by just a few points yesterday, consolidating around a four-month peak as a slide in a batch of stocks trading without their dividend entitlements offset gains in banking and mining stocks. Fifteen blue chip stocks traded ex-dividend yesterday including heavyweights Royal Dutch Shell, BP, AstraZeneca, GlaxoSmithKline, and Barclays knocking [...]
City Moves | Who’s switching Jobs August 23, 2012 Montagu Evans The property consultancy firm has appointed Jonathan Manley as a partner in its professional services team. He has over 20 years’ experience in the industry, and was previously a partner at King Sturge, and a director at Jones Lang La Salle. In his new role, Manley will focus on expanding Montagu Evans’s market [...]
What the other papers say this morning September 2, 2012 FINANCIAL TIMES CIC sells bulk of its BlackRock stake China Investment Corp has sold most of its stake in BlackRock, the world’s largest asset manager, as part of a wider strategy by the sovereign wealth to cut its holdings in global financial institutions. CIC bought just under 3 per cent of BlackRock’s shares, worth about [...]
NEED TO KNOW | AREA INSIGHT June 28, 2012 TRANSPORT Guildford is located within easy commuting distance of London but sits next to the rolling countryside so many City workers crave at the weekend. Guildford mainline station offers a frequent train service to London Waterloo taking approximately 35 minutes. A season ticket will cost £890 for three months or just over £3,000 for a [...]
The City must aspire to the Olympian ethos of competitive sportsmanship July 22, 2012 NOW THAT the Olympic Flame is in London – having made a dramatic aerial entrance last Friday, courtesy of the Royal Marines – this is the capital’s moment to shine. The weather forecasters are doing their bit by suggesting we’ll continue to bask in glorious sunshine, and boroughs across London are putting finishing touches to [...]