London house market leading price recovery April 24, 2012 LONDON’S housing market has the strongest prospects in the country, according to a new survey, and official figures yesterday showed sales across the UK may be rising gradually. Almost 40 per cent of Britons think house prices will rise over the next year, compared with just 20 per cent who expect a drop, leaving the [...]
Great Portland sells £100m of London assets May 15, 2012 PROPERTY firm Great Portland Estates sold three buildings for over £100m in London’s West End and Midtown districts yesterday as it continues to recycle capital into its major London schemes. The company said it has sold 184/190 Oxford Street, Buchanan House in Holborn and a portfolio of properties at Portland Place for £106m, and 23 [...]
Notebook firm pens plans for Milan float June 18, 2012 ITALIAN notebook maker Moleskine plans to list in Milan this year and has hired investment banks to run the sale of stock in the company, whose thread-bound jotters are based on originals favoured by the likes of Vincent Van Gogh and Ernest Hemingway. Goldman Sachs, Mediobanca and UBS will run the offering for majority-owner Syntegra [...]
Next reports strong sales May 2, 2012 Next, the country’s second-biggest clothing retailer, said a strong March, when the weather was fine, offset a weak April, when the cold and rain kept shoppers at home, enabling the firm to hold its profit outlook for the year. “Pretty much sales went up and down with the temperature gauge,” chief executive Simon Wolfson said. [...]
House sales rise in February March 1, 2011 House prices rose unexpectedly in February after a small fall at the start of the year, according to figures from the Nationwide. Prices climbed by a seasonally adjusted 0.3 per cent month-on-month, defying economists’ forecasts for a fall of 0.3 per cent following January’s 0.1 per cent drop. The annual rate of house price inflation [...]
Is it time for investors to return their focus to the West? June 17, 2012 YES KULLY SAMRA In the aftermath of the financial crisis there is no doubt that Bric countries became a popular choice to diversify investment portfolios. However, the shockwaves from the deepening Eurozone crisis has led some emerging markets stock indices to experience sharp falls since the beginning of March, whereas US markets have remained more [...]
Marston’s gets a lift from drive to up food sales May 17, 2012 PUB and brewing group Marston’s reported a rise in profits yesterday, which it attributed to its strategy of increasing food sales and targeting family consumers searching for value in a struggling economy. Marston’s underlying profit before tax rose nearly 15 per cent to £33.5m in the half-year ending 31 March. The company credited its “F-Plan” [...]
Marston’s gets a lift from drive to up food sales May 17, 2012 PUB and brewing group Marston’s reported a rise in profits yesterday, which it attributed to its strategy of increasing food sales and targeting family consumers searching for value in a struggling economy. Marston’s underlying profit before tax rose nearly 15 per cent to £33.5m in the half-year ending 31 March. The company credited its “F-Plan” [...]
Tate & Lyle finds the right mix of ingredients as sales surge May 31, 2012 STRONG growth of zero-calorie sweetener Splenda and other speciality food ingredients helped boost Tate & Lyle’s full-year profit 23 per cent to £323m, as the group benefited from consumers opting for healthier foods. The London-based sweeteners and starches group reopened a second plant in March in the US to meet demand for its sucralose Splenda [...]
Tate & Lyle finds the right mix of ingredients as sales surge May 31, 2012 STRONG growth of zero-calorie sweetener Splenda and other speciality food ingredients helped boost Tate & Lyle’s full-year profit 23 per cent to £323m, as the group benefited from consumers opting for healthier foods. The London-based sweeteners and starches group reopened a second plant in March in the US to meet demand for its sucralose Splenda [...]