US stocks rise after upbeat property data June 26, 2012 MAJOR US stock indexes bounced back yesterday, but trading was light with the outlook clouded by doubts before yet another summit to tackle the European debt crisis. US stocks partly recovered from losses of more than one per cent on Monday, led by housing shares after stronger-than-expected data on home prices. The consumer discretionary sector [...]
Boosted by bank and commodity stocks, FTSE breaks its losing run June 27, 2012 BRITAIN’S leading shares bounced back yesterday, snapping a four-session losing streak, with commodity and banking stocks squeezed higher as worries over the global growth outlook were eased by some upbeat US data. Volumes were again low, however, as most investors preferred to remain on the sidelines ahead of a crucial European summit. The FTSE 100 [...]
Rangers shoot for £20m junior market offering October 11, 2012 TROUBLED Scottish football club Rangers yesterday announced plans to raise up to £20m through a listing on London’s Alternative Investment Market as the team’s new owners seek to rebuild the business. Rangers has endured a disastrous year, with the club – who have won the league a record 54 times – declared insolvent and forced to restart life [...]
Barratt upbeat on house sales February 24, 2011 Housebuilder Barratt Developments said sales had picked up since the start of the year, as it posted losses of £4.6m – down from a £178m loss a year ago as the recession hammered house sales. Barratt said that while the tough mortgage market continued to dampen its trading figures, the firm’s focus on prices rather [...]
Money for old money at royal sovereign sale April 29, 2012 NEXT WEEK one of London’s oldest coin auction houses will host a sale particularly fitting for the Diamond Jubilee year, as a collection of coins representing the power and glory of Queen Elizabeth II’s predecessors goes on sale. On 8 May the house will sell the first part of the Bentley Collection – a multi-million [...]
IAG stocks nosedive as major Spanish investor looks to sell May 28, 2012 SHARES in British Airways parent company International Airlines Group nosedived 2.7 per cent yesterday on news its largest shareholder Bankia would need to dispose of assets to raise cash. The troubled Spanish bank has a 12 per cent stake in IAG following the bailout of Caja Madrid, which was a major stakeholder in Iberia before [...]
CITY MOVES | WHO’S SWITCHING JOBS July 5, 2012 Ogier Julie Melia has joined the legal and fiduciary services firm as a partner and co-head of its property law group. She joins from Walkers, where she was a partner and head of the Jersey property team. Melia has over 20 years’ experience as a senior advocate and specialises in all aspects of Jersey property. [...]
Broadgate tycoon to make bid for Battersea power station May 20, 2012 GODFREY Bradman, the property tycoon who built the Broadgate Circle in the City in the 1980s, is preparing to make a comeback with a bid for Battersea power station. Bradman is thought to have teamed up with Derrick Beare, nephew of South African financier Jonathan, and has secured the backing of billionaire Reuben brothers David [...]
London’s bespoke hidden gems September 24, 2012 There are not many hair salons that have a porter greet you at the door, but then Rossano Ferretti is not your average salon. In fact it doesn’t even call itself a salon, but adopts the label “hairspa”. This is not meant to be your usual run of the mill trip to the hairdresser. Number [...]
London’s bespoke hidden gems September 24, 2012 There are not many hair salons that have a porter greet you at the door, but then Rossano Ferretti is not your average salon. In fact it doesn’t even call itself a salon, but adopts the label “hairspa”. This is not meant to be your usual run of the mill trip to the hairdresser. Number [...]