London Report: FTSE rises on BP strong figures and a dividend October 29, 2013 BRITAIN’S top share index climbed to a five-month high yesterday, with investors flocking to buy energy stocks after strong results from BP raised expectations for earnings from the sector. BP was the top-performer on the blue-chip FTSE 100 index, surging 5.6 per cent after the company announced forecast-beating profits, a dividend hike and plans to [...]
London Report: Weak energy results push the FTSE 100 down October 31, 2013 ADROP in the share prices of oil major Shell and chemicals maker Croda knocked Britain’s benchmark equity index down from five-month highs yesterday. Some traders said it could herald a further, minor pull-back on the blue-chip FTSE 100 as traders cash in profits from a four per cent rise in the index in October. The [...]
Summer sun and Olympic fever fail to reignite UK’s retail sales August 6, 2012 RETAIL sales failed to significantly recover last month despite improved weather and the start of the London 2012 Olympic Games, figures from the industry have revealed this morning. Like-for-like sales in UK shops were virtually flat in July, edging up just 0.1 per cent compared to a year earlier, according to the British Retail Consortium [...]
JOBS of the WEEK May 30, 2012 SENIOR LEGAL DIRECTOR SINGAPORE £200k-£300k pa An accomplished lawyer is required to manage compliance for a leading investment manager’s Singapore-based operations. Candidates must have at least 10 years relevant experience. http://www.cityamcareers.com/job/12399 COMMODITY QUANTITATIVE ANALYST NEW YORK $200k-$350k pa A New York analytics house wants to grow its commodity quant team through the addition of an [...]
As the Tube reaches its 150th birthday, should London love or hate its underground railway? January 9, 2013 LOVE Wendy Neville We should be proud of London’s Underground for three reasons: longevity, design heritage and innovation. It’s amazing to think that a transport service largely dependent on infrastructure over 100 years old runs so smoothly and efficiently to carry over 3m passengers a day. There are occasional delays, but the service is good [...]
As London firms report low visitor numbers, is hope for an Olympic business boost dead? July 31, 2012 YES Nica Burns So London has a big hit – the Olympics. A brilliant show, with a cast of outstanding performers – drama, fulfilled and shattered dreams, laughter and tears. It’s a once in a lifetime and we’re riveted. We’re either going to see the events, or we’re watching them on a screen. We’ve listened [...]
JOBS of the WEEK June 6, 2012 C++ DEVELOPER CENTRAL LONDON £120k-£144k pa An investment bank requires a developer, with extensive background in risk in financial services, to join its credit risk IT department. Knowledge of pricing derivative trades is advantageous. http://www.cityamcareers.com/job/14044 INVESTMENT MANAGER SINGAPORE £150k pa A global investment management firm is looking to add to its biomedical sciences investment team. [...]
Lord Coe tasked with striving for an Olympian legacy August 12, 2012 THE GLORIOUS success of the last 16 days must be used as a springboard to boost British business as well as sport for years to come, the government announced yesterday, appointing Lord Coe to the new position of Olympics legacy ambassador. Coe is charged with using his global image to travel the world pushing new [...]
Outward-looking reforms in Europe depend on the City’s guiding hand January 20, 2013 DESPITE being postponed at the last minute, it is clear from excerpts trailed in the media that the Prime Minister’s speech on the EU will set out a stark choice for both the UK and Europe. The vision outlined presents a Britain that remains a “committed and active” member of the European Union – albeit [...]
What the other papers say this morning February 4, 2013 FINANCIAL TIMES Whitehall departments face big cuts Several government departments will have lost more than £3 in every £10 they once had available for spending, by the time of the next election, according to Financial Times research. SGX in talks over LCH.Clearnet stake SGX, the Singapore stock exchange, is in discussions about taking a stake [...]