What the other papers say this morning – 16 June 2014 June 16, 2014 FINANCIAL TIMES GSK spin-off set for possible listing A British biotech company spun out of GlaxoSmithKline is gearing up for a possible stock market flotation after strong trial results for a new painkiller. Convergence Pharmaceuticals was set up in 2010 as part of a restructuring of GSK’s research and development operations. The UK’s biggest drugmaker [...]
Leigh and Spall turn on the style October 30, 2014 FILM MR TURNER Cert 12a | By Alex Dudok de Wit ★★★★★ François Truffaut once suggested that there’s something about England’s countryside – “The subdued way of life, the stolid routine” – that’s “anti-cinematic”. If only he’d lived to see Mike Leigh’s latest movie, which is about all of these things and yet is a [...]
City Moves for 18 March 2014 | Who’s switching jobs March 17, 2014 Management Consultancies Association Chris Cooper has been elected president of the Management Consultancies Association. He is currently head of Challenge Consulting. Cooper has previously held positions at BDO and OASiS. Nikko Asset Management The asset management firm has announced the appointment of Al Clark as global head of multi-asset. Clark has over 20 years’ experience [...]
Aston Martin celebrates centenary July 21, 2013 SWISS dental heir Thomas Straumann might have been feeling some pangs of nostalgia this weekend, as Aston Martin was showing off 550 of its finest motors at Kensington Palace Gardens, to celebrate turning 100. Straumann used to be the proud owner of an Aston Martin DB5 – which was used to promote the James Bond [...]
Wolfson Economics prize: Shortlist for garden city design revealed June 4, 2014 LORD Simon Wolfson’s £250,000 prize for the best design of a garden city now has its five finalists, with a shortlist announced yesterday. In total, there were 279 entries to the competition, each providing a 10,000 word essay to support their case. The five now shortlisted as potential winners come from town planning, development, urban [...]
The Bottle Opener: Champagne’s leading man December 12, 2013 The last eponymous head of a champagne house talks about his passion for fizz Pierre-Emmanuel Taittinger, the last eponymous head of a great champagne house, personifies the wine he has spent his life making and selling; full of elegance, charm and effervescence. “I am a singular man. I am an iconoclast. My favourite food is [...]
The arrival of the tartan bonds February 18, 2014 Scotland handed powers to issue debt as referendum looms SCOTLAND is to be given the power to issue its own bonds, Danny Alexander will reveal today. The announcement gives the Scottish government direct access to capital markets and will form part of an existing borrowing agreement it will be allowed to tap into from 2015. [...]
Hedge your stocks with short-term bonds February 4, 2014 AFTER a volatile start to 2014 for equities, with the MSCI world index yesterday down more than 5 per cent year-to-date, investors will understandably be thinking about capital preservation. And while the prospect of monetary tightening in the West will be problematic for fixed-income, a careful selection of bonds could help to dampen portfolio volatility. [...]
Last-minute themes to boost your Isa portfolio April 1, 2014 THE ISA deadline is just days away, and the chancellor’s recent decision to enhance the tax wrapper’s flexibility (as well as increasing the annual allowance to £15,000 from 1 July) has heightened its attractiveness as a vehicle for long-term capital growth. We ask the experts for some last minute ideas – and funds – to [...]
Ryanair considers issuing bonds to fund the renewal of its fleet January 20, 2014 IRISH airline Ryanair is considering tapping bond markets directly for the first time, it emerged yesterday. Europe’s largest airline by passenger numbers has issued bonds backed by ExIm bank previously, but is in the process of seeking a rating to gain direct access to the debt markets. “We are putting ourselves in a position to allow [...]