What the other papers say this morning September 27, 2012 FINANCIAL TIMES China buys into UK student housing A fund controlled by the Chinese government is set to buy a 40 per cent stake in the UK’s largest developer of student housing as Beijing continues to expand its portfolio of global infrastructure. Gingko Tree Investment, a London-registered Chinese state-owned fund, is understood to be closing [...]
Hard-to-beat meat at Beard To Tail October 22, 2012 RESTAURANT BEARD TO TAIL 77 Curtain Road, London, EC2A 3BS Tel: 020 7729 2966 FOOD ***** SERVICE **** ATMOSPHERE *** Cost for two people with wine: £100 I’m ONE of of those awful meat eaters that should really be a vegetarian but in actual fact, loves poor-quality canned meat and a post-pub kebab too much [...]
UK focus on ECB meeting outcome September 2, 2012 THURSDAY will be the highlight of the week for economists, with all eyes on results of the European Central Bank policy meeting. While the market waits to hear the latest plans to fix the Eurozone’s debt problem, the Bank of England will also be announcing its latest interest rate decision and asset purchase plan. However, [...]
Spirit’s shares drop on lack of royal wedding June 12, 2012 SHARES in Spirit Pub Company lost almost six per cent yesterday despite the firm reporting like-for-like sales growth in its third quarter. The pub group said it was up against “tough prior year comparatives” when drink sales were boosted by the warm weather and royal wedding weekend. But Spirit said it continues to “significantly outperform [...]
Retailers report but all eyes on world economy September 9, 2012 THE GLOBAL economy will once again set the tone for the markets this week, with a crucial German ruling on the new bailout fund due on Wednesday and a potential move on QE3 by the US Federal Reserve on Thursday. Greek leaders will today meet with their creditors to outline further austerity measures. And UBS’s [...]
FTSE 100 falls on negative investor sentiment September 4, 2012 The blue chip index lost yesterday’s gains as shares across the board fell, as investors were cautious over muted economic data. Data out today from the British Retail Consortium showed that retail sales fell in August as the Olympics failed to encourage spending. Household goods manufacturer McBride led the fallers in early deals, down 6.44 [...]
Heineken looks east for growth after sales miss August 22, 2012 HEINEKEN said weak sales in Europe had led to it missing profit forecasts in the first half of the year, underlying the brewer’s need to complete its deal for Tiger beer maker Asia Pacific Breweries (APB). The Dutch drinks firm – the third biggest in the world – said profit after tax fell four per [...]
BEST of the BROKERS July 30, 2012 TAYLOR WIMPEY Peel Hunt has a “sell” rating on the property firm and has put its 27p target price under review ahead of the firm’s interim results tomorrow. The broker believes the results will show a two-and-a-half times surge in pre-tax profits, but it remains cautious about the longer term. SPECTRIS UBS rates the precision [...]
FTSE 100 boosted by financials August 17, 2012 The blue chip index opened up this morning, tracking gains in the US and Asia, driven by upbeat comments from German Chancellor Angela Merkel over tackling the Eurozone debt crisis. Miner Centamin led the risers, up four per cent in early trading, as investors reacted positively to news of a record amount of gold it [...]
Ramsgate: a characterful, atmospheric seaside gem July 1, 2012 RAMSGATE has an unglamorous reputation – people are quick to associate it with drunken Kentish folk hanging about its harbourside and, of course, it is distinctly not its cooler neighbours Margate (Tracey Emin’s hometown and home to a Turner Gallery), or ritzy Broadstairs, where Charles Dickens summered and where the well-heeled denizens of Kent go [...]