Why Am I So Single? review: Six the Musical creators return with the most fun new show in the West End
Developers given grace period from empty property rates December 5, 2012 A MOVE to grant retailers and developers a grace period free from paying empty rates on new buildings has been dismissed by industry insiders as “not going far enough”. The chancellor said yesterday that all newly built commercial property completed from October 2013 to September 2016 will be free from empty property rates for the [...]
UK firms set for busy week of trading reports January 27, 2013 THE UK’s corporate calendar is packed this week as many of Britain’s biggest companies deliver their results before the month’s end. Both AstraZeneca and Royal Dutch Shell are set to give full-year results on Thursday, while British Sky Broadcasting, Haynes Publishing and Rank Group will give interim reports. Trading announcements are also expected that day [...]
Private houses stem landslide in troubled construction sector October 31, 2012 PRIVATE house building gave a vital boost to the construction sector in October, a survey showed today, balancing out flagging demand from other sources. Construction activity declined one per cent over the month, according to Glenigan’s index, but it would have declined much more, it says, if not for the 58 per cent boost to [...]
New governor vows to shake up central bank February 7, 2013 MARK Carney yesterday pledged to shake up weak economic forecasting, work out how to unwind quantitative easing (QE) and reorganise the Bank to make sure its vast new powers over banks can be used properly. The Canadian governor showed some disagreement with Sir Mervyn King, arguing interest rates should be raised when policy needs to [...]
Barclays’ investment bankers wait to hear their fate February 7, 2013 When Barclays chief executive Antony Jenkins speaks about shredding Bob Diamond’s legacy, as he did the other day, many of his group’s rivals are hoping he is talking about doing away with an actual part of the bank, rather than a cultural construct. For the growth of Barclays’ investment bank has been one of the [...]
Time to take drastic action to reboot Britain’s feeble economy February 19, 2013 So what, exactly, could the chancellor do to boost growth? He is, of course, hamstrung by two conflicting realities: the fact that the budget deficit remains huge, and may even increase this year, as well as by the realities of coalition politics. But unless he changes course, and is willing to take a major risk, [...]
Cameron and Clegg pledge to stay until 2015 January 7, 2013 DAVID Cameron and Nick Clegg yesterday insisted the coalition would last a full five-year parliamentary term and said a range of policy announcements on infrastructure investment, childcare costs and housebuilding would form the basis of the government’s work for the next two years. Despite this a leading business group responded by demanding the duo “go further, [...]
Mark Carney will be more of a reformer than a revolutionary February 7, 2013 THERE is no doubt that Mark Carney will be a breath of fresh air at the Bank of England, and will make many useful changes, especially in terms of culture and management style. His appointment will also ensure that there is a single, simple line on financial regulation, one which is very tough – he [...]
City Moves for 14 January 2013 | Who’s switching jobs January 13, 2013 Legal & General Alex Gipson has been appointed as a loans originator and underwriter in Legal & General’s commercial lending team. He joins from RBS, where he worked for 27 years. Gipson was most recently director of housing finance within RBS’s structured finance team. He is a social housing expert, and has worked on numerous [...]
D&D owner plans a dynamic future December 17, 2012 We are building restaurants to last several business cycles… it shouldn’t matter when you build them” DES GUNEWARDENA peers into his wine glass and wrinkles his nose. The chairman and chief executive of D&D London has invited me for lunch at the Angler, the group’s new seafood restaurant at South Place Hotel in the City [...]