Housing will feel the loss of bankers October 18, 2009 A WINDFALL tax on banks and a clamp down on bonuses could den the recovery of the ravaged house property market, industry experts said yesterday. Knight Frank head of research Liam Bailey said: “In the recent past bonuses have had the impact of increasing demand for top London properties. A tax on bonuses will undoubtedly [...]
No festive joy for shaky Hammers against Blues December 17, 2009 WEST HAM vs CHELSEA SUNDAY, 4.00PM SKY SPORTS 1 THE Premier League has been something of a baptism of fire for Gianfranco Zola and he has certainly suffered more than his fair share of bad luck. Financial crises and key injuries have caused big problems for the Hammers and the way they capitulated at Bolton [...]
E-book readers, 3D TVs and tablet PCs compete to be top dog of 2010 January 10, 2010 HYPE and prototypes dominated the Consumer Electronics Show (CES) in Las Vegas last week. From the Ford car that lets you send Twitter messages while driving, to the scuba diving mask that can shoot high definition video at depths of 130 feet, the vast majority of products on display will not hit the mainstream. The [...]
Regeneration is taking off in the Olympic quarters June 25, 2009 STRATFORD has long been one of those London areas that is supposedly on the verge of gentrification. The coming of the DLR, then the Jubilee Line, were meant to turn it into an up-and-coming area attractive to thrusting young professionals. It never quite happened. But last week, two things took place which mean that Stratford [...]
Ashley to sell naming rights after taking Toon off market October 27, 2009 NEWCASTLE owner Mike Ashley last night officially took the club off the market and appointed caretaker boss Chris Hughton as the team’s permanent manager. The announcement brought to an end months of extreme uncertainty, triggered by the club’s relegation from the Premier League in May and Ashley’s subsequent decision to put them up for sale. [...]
WHAT THE OTHER PAPERS SAY THIS MORNING May 20, 2009 FINANCIAL TIMESCANNES HIT BY CUTBACKS AND CAUTIONThere are still outward signs of glamour on the Croisette in Cannes, but economic reality has gripped the film market at this year’s 62nd film festival. Some of the biggest parties have been cancelled and, for the first time in years, it is easy to get a hotel room. [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 18, 2009 FINANCIAL TIMES LLOYDS OFFLOADS MALL FOR £300MHammerson, the UK real estate investment trust, has emerged as the preferred buyer of a £300m shopping mall near Glasgow being sold by Lloyds Banking Group after the original owner defaulted on the loan. The UK commercial property market has seen few sales by the larger lending banks, in [...]
BG looks to a bright future despite losses October 28, 2009 BG GROUP, the oil and gas major, said yesterday that profits had tumbled on the back of an energy price slump, but maintained the outlook for the immediate future was bright. Profits at the group, which had pleased investors with a string of recent discoveries in Brazil, fell to £838m, including one-time items, for the [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 4, 2009 THE FINANCIAL TIMES OPEL U-TURN LEAVES GERMANY ANGRYGermany and Russia reacted furiously to General Motors’ surprise decision to keep Opel rather than sell it, throwing up fresh uncertainty about the future direction of one of Europe’s biggest carmakers. The news that GM’s board had abandoned the sale of Opel/Vauxhall to Canada’s Magna and Russia’s Sberbank [...]
Private equity shows signs of recovery next year September 30, 2009 AS WE move into the fourth quarter, prospects for private equity look promising as capital markets and the economy stabilise. But, as firms turn their attention to strategy for 2010, is it too early to be talking about a full-scale revival in the industry next year? One man thinks not. Bob Henry at small buyout [...]