NEED TO KNOW | AREA INSIGHT June 28, 2012 TRANSPORT Guildford is located within easy commuting distance of London but sits next to the rolling countryside so many City workers crave at the weekend. Guildford mainline station offers a frequent train service to London Waterloo taking approximately 35 minutes. A season ticket will cost £890 for three months or just over £3,000 for a [...]
How Olympic organisers can get shot of the West End ghost town August 1, 2012 WE’VE scared them off. Somewhere between Boris Johnson’s ominous ode to overcrowding, and TfL’s weird posters of diligent Londoners in their underwear, planning routes to work, the city’s attempts to keep moving during the Games have frightened droves of tourists into barely venturing out of the confines of the Olympic Park. If organisers don’t act [...]
DFS upbeat as it launches stores June 20, 2012 DFS yesterday hailed an “improving trend” in its performance and said it continued to gain market share after stepping up its expansion in the third quarter of the year. The sofa retailer, which runs 91 stores in the UK, reported a 21 per cent fall in underlying earnings to £44.5m in the nine months to [...]
Kada Technology unveils listing on Aim as China looks to London July 1, 2012 KADA Technology is this morning due to announce its intention to float on London’s Alternative Investment Market (Aim), making it the second Chinese company in a week to unveil a UK listing. The eight-year-old business, which provides components and devices for consumer electronics and the IT industry, is heading for a market capitalisation of £100m. [...]
Ed Miliband’s populist policies will make the UK’s bad position worse October 1, 2012 OUR political climate currently mirrors our economic situation – bleak and shockingly uninspiring. At a recent breakfast for business leaders in London, a veteran newspaper journalist spoke of the challenge faced across the West as one of “unpopular governments and unconvincing oppositions”. The polls in Britain bear this out. A ComRes poll for the Independent [...]
Ed Miliband’s populist policies will make the UK’s bad position worse October 1, 2012 OUR political climate currently mirrors our economic situation – bleak and shockingly uninspiring. At a recent breakfast for business leaders in London, a veteran newspaper journalist spoke of the challenge faced across the West as one of “unpopular governments and unconvincing oppositions”. The polls in Britain bear this out. A ComRes poll for the Independent [...]
FTSE steadies after Alcoa results July 10, 2012 The FTSE 100 was flat today with aluminium giant Alcoa reporting positive results to start the US earnings season which helped steady investors’ nerves. Alcoa saw its quarterly revenue and profit beat Wall Street’s expectations even though prices for its aluminium are at nearly two-year lows. Meanwhile Eurozone finance ministers have agreed to lend Spain [...]
£800m Olympic spending boost June 21, 2012 The Olympic games will bring London an £800m consumer spending boost, a Visa report claims today, with international visitors spending about £749m. The profit made by hotels, supermarkets, high street retailers and the travel sector is expected to create an additional £1.21bn for the economy. The Olympics may have a long-term benefit as increased international [...]
What the other papers say this morning August 19, 2012 FINANCIAL TIMES Call to limit China’s UK nuclear stake Chinese companies competing for one of the UK’s biggest nuclear projects are unlikely to end up with a majority stake in any winning consortium in an attempt to allay concerns about Beijing gaining control of the Horizon reactor programme. Olympics effect on Scottish vote in debate [...]
MF Global’s bankruptcy highlights perilous faults in UK finance rules July 8, 2012 LESSONS have been learned” is today’s platitude of choice. It was used to account for the failings that led to the collapse of Lehman Brothers – an event that was meant to change everything. So it was with disbelief that I heard from a group of MF Global clients. MF Global was a derivatives broker [...]