FTSE opens higher ahead of key data October 25, 2010 The FTSE 100 rose on opening this morning with heavyweight miners likely to be buoyed by a softer dollar after the Group of 20 major economies agreed to avoid competitive currency devaluations. The blue chip index looks set to gain 43 to 48 points, or as much as 0.8 percent, according to financial bookmakers, after [...]
Young’s revenue sees modest increase November 25, 2010 LONDON pub chain Young’s reported profit before tax rose four per cent for the first half of the year to £11.9m despite a period of mixed trading with the first three months benefiting from better weather than the second. However, while it remained positive about its outlook for the full-year it said the government’s austerity [...]
WHAT THE OTHER PAPERS SAY THIS MORNING December 7, 2010 FINANCIAL TIMES FSA CHIEF WARNS ON BANK RULES Ensuring that the heads of failed banks face punishment would likely require a set of rules that held them to higher standards than other company directors, the head of the City watchdog has warned. Lord Turner, chairman of the Financial Services Authority, makes this argument while defending [...]
Central London homes hit as summer lull takes a toll October 5, 2010 HOUSE prices in central London fell for the first time in 18 months in the third quarter of the year, the property firm and chartered surveyor Cluttons said yesterday. Prices fell 0.2 per cent, reversing a 0.9 per cent increase in the previous quarter, as demand for property weakened and the number of properties offered [...]
Are Manchester United really about to become Qatar’s latest high-profile buy? December 19, 2010 WHEN Manchester United visited Qatar in January it was touted as a sunshine break, a chance for their title-chasing players to escape from the freezing conditions gripping England at the start of the year. But it also prompted whispers that the country’s most famous club were sounding out appetite to invest in United, or even [...]
Are Manchester United really about to become Qatar’s latest high-profile buy? December 19, 2010 WHEN Manchester United visited Qatar in January it was touted as a sunshine break, a chance for their title-chasing players to escape from the freezing conditions gripping England at the start of the year. But it also prompted whispers that the country’s most famous club were sounding out appetite to invest in United, or even [...]
WHAT THE OTHER PAPERS SAY THIS MORNING December 9, 2010 FINANCIAL TIMES BP DELAYS LIBYA DEEP WATER PLAN BP has delayed its plans to explore in the deep water off the coast of Libya until next year after deciding not to use its original drilling rig “for operational reasons”. The UK oil group said that it was still in the process of ensuring any safety [...]
WHAT THE OTHER PAPERS SAY THIS MORNING December 9, 2010 FINANCIAL TIMES BP DELAYS LIBYA DEEP WATER PLAN BP has delayed its plans to explore in the deep water off the coast of Libya until next year after deciding not to use its original drilling rig “for operational reasons”. The UK oil group said that it was still in the process of ensuring any safety [...]
Sales leap for Travis Perkins as it warns of looming spending cuts October 11, 2010 Builders’ merchant and DIY retailer Travis Perkins yesterday announced higher sales, but pointed to signs that government spending cuts had begun to bite. Travis, which trades from more than 1,200 branches under Travis Perkins, Keyline, Wickes and other brands, said turnover at branches in its merchanting division open at least a year increased 10.3 per [...]
Foreign buyers prop up London property values November 1, 2010 FOREIGN buyers are helping push up house prices in the most affluent areas of central London, according to fresh research. While the value of prime homes in London has fallen one per cent since July, overseas buyers have buoyed prices in areas like Kensington and Chelsea, says agent Knight Frank. Foreign buyers made up 68 [...]