London Report: Morrisons forecast and plans for cuts at Barclays lift FTSE May 8, 2014 BRITAIN’S top shares neared nine-week highs yesterday led by Barclays after it announced a revival plan, while investors also welcomed the possibility of more stimulus steps from the European Central Bank in June. Barclays was the standout gainer on the FTSE 100, up 7.9 per cent after it announced 19,000 job cuts in the next [...]
TfL considers proposed route for Crossrail 2 February 5, 2013 TRANSPORT for London (TfL) yesterday backed calls for a new £12bn underground railway link to be built through the capital by the early 2030s, following the publication of a proposed route for the Crossrail 2 project. Business group London First unveiled its preferred route for the railway, which will run from south west London to [...]
David Cameron to give delayed speech on EU links tomorrow January 21, 2013 DAVID Cameron will finally deliver his speech on Britain’s future relationship with the EU tomorrow morning, Downing Street confirmed yesterday. The speech was originally due to be delivered in Amsterdam last Friday but was delayed due to the Algerian hostage crisis. Although the Prime Minister’s aides wanted the announcement to take place on the continent for symbolic reasons, [...]
Central London office take-up stays sluggish April 17, 2012 LEASING activity in the City and West office market remained sluggish in the first quarter of 2012 as tough economic conditions continued to dampen appetite for new space, according to research by Knight Frank. The property agent said take-up in the West End stood at 1m square feet in the quarter, down from 1.3m sq [...]
Central London office take-up stays sluggish April 17, 2012 LEASING activity in the City and West office market remained sluggish in the first quarter of 2012 as tough economic conditions continued to dampen appetite for new space, according to research by Knight Frank. The property agent said take-up in the West End stood at 1m square feet in the quarter, down from 1.3m sq [...]
Europa League: Villas-Boas stays upbeat as three limp off in Spurs win September 19, 2013 TOTTENHAM HOTSPUR 3 TROMSO 0 TOTTENHAM boss Andre Villas-Boas played down a triple injury scare last night after summer signing Christian Eriksen brilliantly opened his account in a Europa League stroll against Tromso. Recalled striker Jermain Defoe pressed his claim with a typically clinical first-half double that ensured a perfect start to their group stage [...]
Blues reserves good enough to knock out Gunners, says Schurrle October 28, 2013 CHELSEA winger Andre Schurrle insists they can overcome Arsenal in tonight’s Capital One Cup even if manager Jose Mourinho sees through his threat to make wholesale changes for the London derby. Mourinho has railed at the scheduling of the fixture, little more than 48 hours after their Premier League clash with title rivals Manchester City, [...]
City Moves for 11 January 2013 | Who’s switching jobs January 10, 2013 Rathbones The investment management firm has appointed Mike Townsend as investment director. He joins from Coutts, where he was a senior private banker. Townsend has 34 years’ experience in wealth management, and is a member of the Chartered Institute for Securities and Investment. City Financial The fund management firm has appointed Mark Harris as manager [...]
How the City can play its part in tackling youth unemployment in London February 24, 2013 THE news that several London boroughs – including some that neighbour the Square Mile – are among the areas worst-hit by child poverty is a stark reminder of the tough economic climate many people are facing across the capital. It more vital than ever, therefore, that the City demonstrates how the positive relationship between finance [...]
What the other papers say this morning – 2 October 2013 October 1, 2013 FINANCIAL TIMES Euro banks undervalued Europe’s banks are just as strong as US rivals and are being unjustly undervalued by investors, according to the vice-president of the European Central Bank (ECB) – the man in charge of setting up safety testing of the Eurozone’s banking system. Vitor Constancio’s comments come as the ECB prepares for [...]