England lift plate as New Zealand near title May 5, 2014 ENGLAND coach Simon Amor hailed another encouraging display after his team warmed up for this week’s climax in London by winning the plate at the Glasgow Sevens on Sunday. A narrow defeat to Fiji in the quarter-final of the cup sent England into the plate competition, but they made amends with resounding victories over Australia [...]
A global game: why Heathrow Express is investing in sevens May 5, 2014 THE aim of Heathrow Express’s investment in sevens rugby is simple: to get more people to travel on our train between London Paddington and the airport. Our customers, 70 per cent of whom are business travellers, come from 120 different countries. Our challenge is to let those people know about us before they arrive at [...]
From Melrose to Hong Kong and now Rio May 5, 2014 1883: Sevens rugby was first played at Melrose rugby club in the Scottish Borders, thanks to a creative fundraising ploy by Ned Haig, a local butcher and player 1921: Buenos Aires becomes the first sevens tournament outside of Scotland, followed by one south of the border at Percy Park in North Shields 1968: Hong Kong [...]
Barclays’ Canary Wharf offices rocked by morning bomb scare May 1, 2014 STAFF at banks including Barclays and HSBC were briefly shut in their offices yesterday morning as a suspicious package was investigated in Canary Wharf. An area including the Waitrose supermarket was closed off by police at around 9am when police were called to Barclays’ headquarters, near Churchill Place. Officers sent in a robot to study [...]
Growth remains slow for China’s factories May 1, 2014 CHINA’S industrial base is still growing at a very modest pace, according to a government survey of the manufacturing sector released yesterday. The official purchasing managers’ index (PMI) for the sector in April came in at 50.4, marginally above the similarly slow growth recorded in March. Any figure above 50 indicates growth. In contrast, HSBC [...]
Familiar settings can aid England in Sevens Series April 30, 2014 IMPROVING England are hoping a return to British shores can give them the boost required to secure a maiden victory as this year’s HSBC Sevens World Series nears a conclusion in Glasgow this weekend. England recorded consecutive fourth and third place finishes after a mid-Series slump and reached a final in Hong Kong last time [...]
Send money via mobile numbers April 29, 2014 Bank customers can now send money to each other by using their mobile phone numbers, after a new service named Paym launched yesterday. The company said that customers of the Bank of Scotland, Barclays, Cumberland Building Society, Danske Bank, Halifax, HSBC, Lloyds Bank, Santander and TSB will all be able to send and receive payments. [...]
No more bonus for RBS chief and finance director April 28, 2014 THE CHIEF executive and finance boss at RBS will no longer receive bonuses, instead getting regular payments in shares – which could amount to more than £2m per year between them. The bailed-out bank will not be able to pay bonuses of above 100 per cent of salary, thanks to Brussels’ bonus cap, leaving it [...]
City Moves for 28 April 2014 | Who’s switching jobs April 28, 2014 Octopus Investments The fund management company has appointed Alex Miller as chief operating officer. He was most recently at Lloyds Bank, where he was director of strategy and operational performance. Prior to that, Miller held senior roles at BT Group and Orange UK. HSBC The bank has announced the appointment of Ian Stuart as head [...]
Best of the Brokers for 25 April 2014 April 24, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com HAMMERSON HSBC has lowered its rating on the property firm to “neutral” from “overweight” with a target of 630p, up from 600p, to reflect a recent strong run for the stock. The broker is still impressed by Hammerson’s improving retail outlets and thinks [...]