La Vie en Rose July 1, 2009 SOMETHING is up with rose wine. Its image as the cheap and cheerful, distinctly low-brow summer tipple is evaporating like water on a hot summer’s day. It’s gone from being the sort of thing you’d drink on holiday in Great Yarmouth or Blackpool while getting sunburned to the colour of a lobster to the drink [...]
House prices in Britain rise again in June June 30, 2009 HOUSE prices saw a monthly increase of 0.9 per cent in June, bringing the annual rate of decline to 9.3 per cent from 11.3 per cent in May, according to data published yesterday by Nationwide, which stoked optimism that the housing market has turned. The mortgage lender said that the three month rate of change, [...]
House prices in Britain rise again in June June 30, 2009 HOUSE prices saw a monthly increase of 0.9 per cent in June, bringing the annual rate of decline to 9.3 per cent from 11.3 per cent in May, according to data published yesterday by Nationwide, which stoked optimism that the housing market has turned. The mortgage lender said that the three month rate of change, [...]
House prices flat as supply falls further June 28, 2009 A LACK of supply in the housing market has kept house prices from falling, according to new figures released today. According to housing information provider Hometrack’s monthly national housing survey, prices remained flat in June compared to May, although they are still down 8.7 per cent from last year. But slow growth in the availability [...]
How London City Airport’s veteran boss is keeping his sights set high June 28, 2009 Whenever you meet Richard Gooding, London City Airport’s relaxed-looking chief executive, you can’t help feeling he has seen it all before – and after clocking up 42 years in the airline business, he probably has. Aged just 18, Gooding left rural Suffolk to work as an apprentice for British European Airways – which later became [...]
How London City Airport’s veteran boss is keeping his sights set high June 28, 2009 Whenever you meet Richard Gooding, London City Airport’s relaxed-looking chief executive, you can’t help feeling he has seen it all before – and after clocking up 42 years in the airline business, he probably has. Aged just 18, Gooding left rural Suffolk to work as an apprentice for British European Airways – which later became [...]
Tanstaafl: the new buzzword for finance June 25, 2009 THERE are few things I hate more than banning things. But one advantage of the FSA’s decision to prevent Independent Financial Advisers (IFAs) from taking commissions for the sale of investment products, pensions and life assurance is that their costs will become much more obvious. From 2012, anybody who uses an IFA will have to [...]
WHAT THE OTHER PAPERS SAY THIS MORNING June 24, 2009 FINANCIAL TIMES CHIP MAKER MOVES TO QUASH BID SPECULATIONImagination Technologies has reiterated that it expects to remain independent, despite market speculation to the contrary and heavy share buying in the chip designer. Intense buying on the London Stock Exchange saw more than 12m shares change hands and 9.7m sold at 150p a share, amid speculation [...]
THE LONDON REPORT June 23, 2009 The FTSE 100 closed down 0.1 per cent yesterday, falling just 4.03 points to 4,230.02 in a choppy session, with thin volumes exacerbating movements, after losing 2.6 per cent on Monday. The index has gained more than 22 per cent since hitting a six-year low in March, but is still down 4.6 per cent on [...]
WHAT THE OTHER PAPERS SAY THIS MORNING June 21, 2009 THE SUNDAYSThe Sunday TelegraphBA CHIEF SNUBS SELECT COMMITTEEWillie Walsh, chief executive of British Airways, has refused to go before the House of Commons transport committee to give evidence on the future of aviation. The hearing, os scheduled for Wednesday next week – coincidentally the first day of the month that Walsh will work without pay [...]