FTSE ends flat as S&P eyes Eurozone rating downgrades December 6, 2011 THE UK’s top share index ended flat yesterday, with banks and retailers falling and sentiment hurt as credit agency Standard & Poor’s warned of a possible downgrade to most Eurozone countries. At the close, the FTSE 100 index was up 0.76 points or 0.01 per cent at 5,568.72 following a see-saw session, having closed at [...]
FTSE ends flat as S&P eyes Eurozone rating downgrades December 6, 2011 THE UK’s top share index ended flat yesterday, with banks and retailers falling and sentiment hurt as credit agency Standard & Poor’s warned of a possible downgrade to most Eurozone countries. At the close, the FTSE 100 index was up 0.76 points or 0.01 per cent at 5,568.72 following a see-saw session, having closed at [...]
City business map re-drawn November 13, 2011 THE traditional areas where business sectors have operated for decades are changing as companies hunt for affordable and convenient office space, according to new research published today. While the City has always been the hub for banks and insurance it is also becoming a magnet for IT firms and the changing makeup of the area [...]
Labour’s plan for business: Government should unite profit with social purpose November 9, 2011 WHEN private equity firm NPM Capital and the current management bought out a sleepy Dutch carpet manufacturer called Desso in 2007, they were seeking to do what all successful investors do: to find a gap in the market from which they could profit. And profit they have. Following the buy out, Desso’s market share rose [...]
Labour’s plan for business: Government should unite profit with social purpose November 9, 2011 WHEN private equity firm NPM Capital and the current management bought out a sleepy Dutch carpet manufacturer called Desso in 2007, they were seeking to do what all successful investors do: to find a gap in the market from which they could profit. And profit they have. Following the buy out, Desso’s market share rose [...]
Build a portfolio career November 16, 2011 FOUNDER OF WILD SEARCH MY first advice would be that you can hardly prepare too soon for a fulfilling and rewarding life beyond partnership or an executive leadership role. Taking on a trustee or non-executive role while remaining in your executive career is widespread and makes sense – to both your employer (by bringing wider [...]
Build a portfolio career November 16, 2011 FOUNDER OF WILD SEARCH MY first advice would be that you can hardly prepare too soon for a fulfilling and rewarding life beyond partnership or an executive leadership role. Taking on a trustee or non-executive role while remaining in your executive career is widespread and makes sense – to both your employer (by bringing wider [...]
Social investing will give a boost to philanthropy November 22, 2011 GEORGE Osborne’s Autumn Statement is likely to reveal that things are going to be tough for some years. One consequence is that money to tackle many social issues will be in short supply. One hope is that the third sector can plug some of the hole created by the deficit reduction plan. But funding for [...]
BEST OF THE BROKERS November 16, 2011 CARLSBERG Goldman Sachs has downgraded the brewer to “neutral” following recent outperformance, and has a target price of 428 crowns. While the firm’s results last week were strong, the broker now sees better upside potential elsewhere in the drinks sector, given Carlsberg’s exposure to the competitive western European markets. Goldman expects Carlsberg’s Russian beer market [...]
US factories roar but unemployment claims rise December 1, 2011 US manufacturing activity is at its highest level since June and construction spending increased in October, both signs that an economic recovery in the US could be on the horizon. The index for factory activity rose to 52.7, compared to 50.8 in October, according to the Institute for Supply Management. That data exceeded analysts’ expectations. [...]