OSBORNE’S DIPLOMATIC EFFORTS LOSE FRIENDS AT HOME AND ABROAD November 29, 2011 SEEING as its barely a month since French President Nicolas Sarkozy unceremoniously told David Cameron to “shut up” over the euro, Sarko’s finance minister Francois Baroin is unlikely to have taken kindly to chancellor George Osborne’s latest attack on the single currency yesterday. Going only very slightly off script in his Autumn Statement to parliament [...]
Bertlesmann boss to leave October 10, 2011 MEDIA company Bertelsmann, owner of the production company that makes The X Factor, said yesterday its chief executive Hartmut Ostrowski will stand down. Ostrowski, who took the helm in 2008, will take a seat on Bertelsmann’s supervisory board, the German company said, adding that he was making the switch for personal reasons. The move comes as [...]
PERSONAL FINANCE NEWS July 15, 2010 BP: ONCE IN A LIFETIME OPPORTUNITY At last, some good news for BP. Its stock has sunk so low – closing yesterday at 401.75p – that investors are jumping at the chance to snap up cheap stakes in the oil giant. Clients of Barclays Stockbrokers have been piling into the stock – a third of [...]
WHAT THE OTHER PAPERS SAY THIS MORNING December 4, 2011 FINANCIAL TIMES SURGE IN UK CORPORATE BONDS Sterling corporate bond issuance is soaring, but euro-denominated bond sales are at a six-year low – as more companies turn to the relative stability of the London market amid Europe’s financial turmoil. UK and international companies have sold more than $42bn worth of sterling-denominated bonds so far this [...]
WHAT THE OTHER PAPERS SAY THIS MORNING December 4, 2011 FINANCIAL TIMES SURGE IN UK CORPORATE BONDS Sterling corporate bond issuance is soaring, but euro-denominated bond sales are at a six-year low – as more companies turn to the relative stability of the London market amid Europe’s financial turmoil. UK and international companies have sold more than $42bn worth of sterling-denominated bonds so far this [...]
CITY MOVES | WHO’S SWITCHING JOBS November 28, 2011 Northgate Information Solutions The outsourcing group has appointed Adel Al-Saleh as chief executive to replace Chris Stone, who is leaving the firm. Al-Saleh previously spent five years at IMS Health, a technology-based analytics and services company for the healthcare industry, where his roles included president of EMEA and senior vice president of global pharma solutions. [...]
Think about how you hand over the keys October 2, 2011 THE CORPORATE FINANCE NETWORK Management buyouts (MBO) seem to have fallen out of favour. You just need to look at the recent Experian Corpin figures to see that there have been huge reductions in recent years. From 2005 to 2011 the number of businesses involved in MBOs has halved from 403 to 217. The figure [...]
In comes tax December 15, 2011 City institutions and their employees paid a whopping £63bn in tax to the Treasury this year, more than any other industry in the UK, new figures published today show. City firms paid almost £10bn more tax this year than in 2010, despite the stretched trading conditions – contributing more than 12 per cent of the [...]
Gunners chief Kroenke tells United fans to lay off Glazers October 31, 2011 ARSENAL’S majority shareholder Stan Kroenke has urged fans of Manchester United to admit they have been wrong to demonise the Glazer family and thank them for the success they have delivered since their controversial takeover. Despite the Old Trafford club continuing to pick up trophy after trophy since Malcolm Glazer took over the club back [...]
Gunners chief Kroenke tells United fans to lay off Glazers October 31, 2011 ARSENAL’S majority shareholder Stan Kroenke has urged fans of Manchester United to admit they have been wrong to demonise the Glazer family and thank them for the success they have delivered since their controversial takeover. Despite the Old Trafford club continuing to pick up trophy after trophy since Malcolm Glazer took over the club back [...]