CITY VIEWS: IS IT RIGHT THAT MCDONALD’S WILL BE THE ONLY FOOD SPONSOR AT THE OLYMPICS ? August 12, 2009 GEORGE WILLIAMSON WELBECK GROUP“Absolutely ridiculous. The whole ethos for the Olympics is a sporting and healthy environment. To restrict all branding of food to McDonald’s is too much. This is our Olympics and we should want to give it a British feel, not one of a world wide franchise.”NICHOLAS YIALONITES NEW YORK EXCHANGE“It’s not good [...]
WHAT THE OTHER PAPERS SAY THIS MORNING October 18, 2009 THE SUNDAYSThe Sunday Telegraph £5.5BN PLAN FOR POWER STATIONA £5.5bn planning application, the largest ever in central London, will be made today when Ireland’s Real Estate Opportunities and Treasury Holdings reveal their blueprint for the redevelopment of Battersea Power Station. Plans for the mixed commercial and residential site, which developers say will be as iconically [...]
CITY MOVES WHO’S SWITCHING JOBS August 19, 2009 Ernst & YoungJohn Harley has been appointed as global private equity leader at the accountancy firm, having joined in 2000 to lead its technology, communications and entertainment corporate finance practice. Harley, who is currently head of private equity for Europe, the Middle East, India and Africa at the firm, is also leading the E&Y response [...]
CITY MOVES WHO’S SWITCHING JOBS August 19, 2009 Ernst & YoungJohn Harley has been appointed as global private equity leader at the accountancy firm, having joined in 2000 to lead its technology, communications and entertainment corporate finance practice. Harley, who is currently head of private equity for Europe, the Middle East, India and Africa at the firm, is also leading the E&Y response [...]
Boom-town Qatar is becoming the New York City of the Middle East November 18, 2009 WHEN chancellor Alistair Darling announced the introduction of a 50 per cent tax on all income over £150,000 from April 2010, there was immediately talk of a mass exodus from the City. High earners, said the chancellor’s critics, would look to preserve their wealth and firms try to attract the best talent. Some were expected [...]
WHAT THE OTHER PAPERS SAY THIS MORNING September 1, 2009 FANANCIAL TIMES NATIONAL EXPRESS BID RETHINKThe Cosmen-CVC Capital Partners team bidding for National Express is looking for ways to make its offer more attractive after the rejection of a conditional all-cash 450p takeover proposal. Stagecoach, a rival transport group that had been in exclusive discussions with the Cosmen-led consortium about buying some of the assets [...]
WHAT THE OTHER PAPERS SAY THIS MORNING September 1, 2009 FANANCIAL TIMES NATIONAL EXPRESS BID RETHINKThe Cosmen-CVC Capital Partners team bidding for National Express is looking for ways to make its offer more attractive after the rejection of a conditional all-cash 450p takeover proposal. Stagecoach, a rival transport group that had been in exclusive discussions with the Cosmen-led consortium about buying some of the assets [...]
THE LONDON REPORT September 17, 2009 BANKING and energy stocks fuelled a 0.8 per cent gain for the FTSE 100 by close yesterday, up for a fifth straight day, as sentiment on the outlook for the global economy improved further. Britain’s blue chip index closed up 39.82 points at 5,163.95, its highest close since late September last year, having added 1.6 [...]
WEALTHY OUT TO PLAY FOR SPEAR’S AWARDS September 14, 2009 LAST year, the Spear’s Wealth Management Awards were overshadowed somewhat by frantic whispers among the moneyed guests, who watched via BlackBerry as Congress voted against a $700bn bailout of the US banking industry and their Wall Street stock portfolios plummeted. So it was with some trepidation that those guests entered Christie’s auction house in St [...]
MARKETS SURGE ON BANKING BONANZA August 3, 2009 INVESTORS were cheered yesterday as stocks on both sides of the Atlantic surged on the back of strong corporate and economic news. In the UK, the FTSE 100 index leapt to a 10-month high, closing at 4,682.46 points, its highest level since the collapse of Lehman Brothers last September, while sterling rose on the back [...]