Solid progress for Quintain despite property downturn August 10, 2010 PROPERTY group Quintain yesterday said its strategic business plan is well underway after it achieved two of the milestones it set itself in June and added a chunk to its annualised income in the first quarter of the year. The group said it had added £3.5m to its annualised income since the end of the [...]
The City is back but under new management December 21, 2010 BRITAIN’S financial landscape has been transformed since we last shone a light on the City’s most powerful figures two years ago. The City A.M./CityJet Power Hundred 2011 list ranks the most influential figures in UK finance as we head into the new year. It should be no surprise that it is very different from 2009. [...]
The City is back but under new management December 21, 2010 BRITAIN’S financial landscape has been transformed since we last shone a light on the City’s most powerful figures two years ago. The City A.M./CityJet Power Hundred 2011 list ranks the most influential figures in UK finance as we head into the new year. It should be no surprise that it is very different from 2009. [...]
IHG profit rise fuelled by business travellers August 10, 2010 InterContinental Hotels – the world’s biggest hotelier – reported a recovery in the hotel market helped by the return of the business traveller as it beat forecasts with a 22 per cent rise in first-half profits. The company, which runs more than 650,000 rooms in over 4,500 hotels worldwide, posted an operating profit of $219m [...]
The sweet seller’s son who wants to hold the chancellor to account November 28, 2010 VISITING Andrew Tyrie’s office is like being called to see the headmaster in an old-fashioned boarding school. The chairman of the Treasury select committee occupies a grand corner office in Westminster’s Norman Shaw North building, the former Scotland Yard HQ that now provides office space for MPs. Appropriately enough, Tyrie begins with a history lesson, [...]
The sweet seller’s son who wants to hold the chancellor to account November 28, 2010 VISITING Andrew Tyrie’s office is like being called to see the headmaster in an old-fashioned boarding school. The chairman of the Treasury select committee occupies a grand corner office in Westminster’s Norman Shaw North building, the former Scotland Yard HQ that now provides office space for MPs. Appropriately enough, Tyrie begins with a history lesson, [...]
KPMG looks to hand over Connaught jobs September 8, 2010 HOUSING repair firm Connaught formally appointed KPMG as its administrator yesterday, as rival property companies looked to take over the collapsed firm’s contracts. KPMG will keep the firm’s property maintenance arm trading until it has farmed out its contracts to other providers. Around 4,400 people face redundancy. Richard Heis, joint administrator, said the group had [...]
UK should reform its electricity markets to attract investment July 18, 2010 BRITAIN must reform electricity markets if it is to secure the private investment needed to meet its carbon emissions targets, according to a study by KPMG. The report, out today, said the government’s investment in low-carbon generation was inconsistent and clearer planning was needed to show how emissions targets will be met. “Nuclear represents the [...]
AANALYST VIEWS: IS BURBERRY ON A WINNING PATH? July 13, 2010 KATHARINE WYNNE | INVESTEC “The luxury sector has not done universally well, but Burberry has a lot of sales to tourists from countries like the Japan and the US (boosted by favourable exchange rates which brought more shoppers in). They also do very well with gifting. “ SAM HART | CHARLES STANLEY “Longer term prospects [...]
Chancellor to declare the winners and losers June 21, 2010 WITH tax rises and spending cuts expected in today’s Budget, many equity strategists are advising investors to steer clear of stocks heavily reliant on UK-based revenues. Instead, contracts for difference (CFD) traders should target equities with international and private sector exposure. The emergency Budget is likely to focus on tax rises instead of detailed spending [...]