FTSE 100 hits six-month high on US and European results October 21, 2010 Britain’s leading shares surged to a six-month closing high yesterday, led by miners, as UK investors were buoyed by strong earnings in the US and Europe, but TUI Travel fell after reporting accounting errors. Europe’s largest travel firm TUI Travel slumped more than 11 per cent after it revealed its finance chief would quit and [...]
FTSE 100 hits six-month high on US and European results October 21, 2010 Britain’s leading shares surged to a six-month closing high yesterday, led by miners, as UK investors were buoyed by strong earnings in the US and Europe, but TUI Travel fell after reporting accounting errors. Europe’s largest travel firm TUI Travel slumped more than 11 per cent after it revealed its finance chief would quit and [...]
ANALYST VIEWS: HOW SIGNIFICANT ARE THE CML LENDING FIGURES ? September 20, 2010 ALAN CLARKE | UK ECONOMIST, BNP PARIBAS I think the housing market is going from bad to worse. We are seeing confirmation that we are already in a double dip recession for housing, and are going to see falling property prices over the next six months. GEORGE BUCKLEY| UK ECONOMIST, DEUTSCHE BANK We are seeing [...]
Shoppers hit cards again ådespite economic gloom September 16, 2010 SHOPPERS are splashing out with their credit and debit cards at a near-double digit rate, figures showed yesterday. Card users put 9.2 per cent more on plastic last month than they did in the same month of the previous year. August was the fourth month in a row during which the annual rate of growth [...]
Shoppers hit cards again ådespite economic gloom September 16, 2010 SHOPPERS are splashing out with their credit and debit cards at a near-double digit rate, figures showed yesterday. Card users put 9.2 per cent more on plastic last month than they did in the same month of the previous year. August was the fourth month in a row during which the annual rate of growth [...]
Nando’s to buy burger chain for £30m September 17, 2010 The UK arm of chicken restaurant chain Nando’s has confirmed that it has agreed a £30m deal to buy a rival firm. It plans to take over Clapham House Group, the company behind Gourmet Burger Kitchen (GBK) and The Real Greek. Nando’s said that Clapham’s brands were struggling in the volatile market and needed its [...]
Nando’s to buy burger chain for £30m September 17, 2010 The UK arm of chicken restaurant chain Nando’s has confirmed that it has agreed a £30m deal to buy a rival firm. It plans to take over Clapham House Group, the company behind Gourmet Burger Kitchen (GBK) and The Real Greek. Nando’s said that Clapham’s brands were struggling in the volatile market and needed its [...]
THE TIPSTER November 8, 2010 The Bank of England’s quarterly Inflation Report should provide some excitement for the currency markets this week. All market participants will be eagerly awaiting what the report has to say about growth prospects in the UK and whether further quantitative easing remains a real possibility. Capital CFDs quotes a price of €1.1590-€1.1594 for sterling-euro. Walt [...]
FTSE opens slightly up September 20, 2010 The FTSE 100 opened up 7-13 points, according to financial bookmakers, rallying modestly after falls on Friday in tandem with slight gains on Wall Street and in Asia, with all eyes on Tuesday’s Federal Reserve meeting. The UK blue chip index closed 31.69 points, or 0.6 per cent lower on Friday at 5,508.45 as weak [...]
FTSE opens slightly up September 20, 2010 The FTSE 100 opened up 7-13 points, according to financial bookmakers, rallying modestly after falls on Friday in tandem with slight gains on Wall Street and in Asia, with all eyes on Tuesday’s Federal Reserve meeting. The UK blue chip index closed 31.69 points, or 0.6 per cent lower on Friday at 5,508.45 as weak [...]