The seaside bohemia that’s in your backyard September 16, 2010 EVEN the most devoted Londoners can tire of the big smoke – especially those raising families. But rather than heading to established commuter havens in Kent, Hampshire and Hertfordshire to pursue your pastoral dream, you could do far worse than consider Brighton. It’s cheaper, cheerful and offers a totally unique combination of sea, beautiful countryside [...]
Wall St up as fears of double-dip recede September 2, 2010 US stocks rose on low volume yesterday as data showed improvement in housing and the job market a day ahead of the critical monthly payrolls figures. Investors built on Wednesday’s sharp advance as indicators provided the latest reason for optimism the economy could avoid another downturn. But the nascent rally could be derailed if today’s [...]
Hometrack survey adds to evidence of a double-dip in the UK housing market July 25, 2010 HOUSE prices fell for the first time in 15 months in June, according to the monthly Hometrack national housing survey published today. The survey showed that house prices fell by 0.1 per cent last month, trimming the annual increase to 2 per cent, mostly as a result of slumping demand and a flood of properties [...]
CITY MOVES | WHO’S SWITCHING JOBS August 26, 2010 McGrigors The law firm’s London office has appointed Karl Woolley as a partner in its finance practice. He is tasked with strengthening the firm’s relationship with the City’s banks and his experience in acquisition and funds finance is expected to aid this expansion. Woolley joins from SJ Berwin, where he is currently a partner. Prior [...]
Outlook is still gloomy August 24, 2010 FOR?the most part, investors don’t like surprises. But Persimmon’s decision to reinstate its dividend at 3p, which came as something of a bolt from the blue, will be welcomed by shareholders. Although analysts were prepared for the housebuilder to swing back into the black, most thought the dividend would make a comeback at a later [...]
Carlyle aims for £350m from Britax August 15, 2010 PRIVATE equity firm Carlyle Group has appointed investment bank NM Rothschild to sell Britax, the maker of child car seats, for up to £350m. Carlyle is understood to have put the business on the block after receiving interest from rival private equity firms and trade buyers. A sale at its target price would net Carlyle’s dealmakers [...]
Carlyle aims for £350m from Britax August 15, 2010 PRIVATE equity firm Carlyle Group has appointed investment bank NM Rothschild to sell Britax, the maker of child car seats, for up to £350m. Carlyle is understood to have put the business on the block after receiving interest from rival private equity firms and trade buyers. A sale at its target price would net Carlyle’s dealmakers [...]
Confidence is on the up in spite of cuts September 13, 2010 CONSUMER confidence rose last month bucking the downward trend of the previous three months as expectations for the future of the economy appeared to improve on the back of positive second quarter GDP growth and improving employment statistics. Nationwide’s consumer confidence index rose five points to 61 in August although the index remains significantly below [...]
Property prices drop in June July 8, 2010 HOUSE prices in Britain dropped 0.6 per cent in June, the third successive monthly fall, a survey from mortgage lender Halifax has shown. Halifax said the decline was a continuation of a trend since the start of this year and was in line with its view that house prices would be broadly flat over 2010 [...]
Property prices drop in June July 8, 2010 HOUSE prices in Britain dropped 0.6 per cent in June, the third successive monthly fall, a survey from mortgage lender Halifax has shown. Halifax said the decline was a continuation of a trend since the start of this year and was in line with its view that house prices would be broadly flat over 2010 [...]