Being more like the Special One can boost your City success June 2, 2010 JOSE MOURINHO is a man who knows how to win trophies. But another aspect of his careers is almost as impressive – his ability to stay friendly with his employers when he has moved on. Even though he is leaving his most recent club Inter Milan in the lurch, its president Massimo Moratti apparently made [...]
Shopping around is the future of law June 1, 2010 COMMENTATORS talk excitedly about “Tesco Law” and the ongoing liberalisation of legal services as though it were a latter day gold rush led by big name supermarkets and banks. But what is it that consumers want? New research suggests that there is little enthusiasm on the part of the public to associate legal services with [...]
CITY MOVES | WHO’S SWITCHING JOBS April 11, 2010 BoA Merrill Lynch The bank has rehired Anthony Bor to its global research team as head of South Africa Equity Research. Bor previously spent 12 years as an analyst at Merrill Lynch and consistently ranked in the top three in Institutional Investor and Extel surveys in a variety of different sectors. He then left the [...]
Miners boost the South African stock market April 21, 2010 SOUTH Africa will be in the world’s spotlight like never before as the World Cup approaches. Television pictures of gazelles and wilderbeest roaming across the veldt will no doubt be great for the country’s tourist industry, but other parts of its economy also look sure to benefit. According to a report released last month by [...]
Growth hopes spark a rally in price of oil April 6, 2010 THE price of oil reached a new 18 month high yesterday on signs that the US economy is on its way to full recovery. US crude closed on $86.63, down from an intraday peak of $86.97. Brent crude closed at $85.86. The fall was a result of the dollar firming which makes purchases of dollar-denominated [...]
The Tipster March 22, 2010 WHEN chancellor Alistair Darling delivers his budget tomorrow afternoon, he is expected to confirm the government’s support for an international levy on banks. And as if the outlook couldn’t look more overcast for banks, Virgin has funding in place to buy a swathe of high street branches from RBS, which should increase the competition in [...]
Double dip recession a real possibility, say property firms March 16, 2010 Property investment managers and developers have warned that the threat of a double dip recession in the UK is real and would force banks to sell off their property portfolios. Delegates at MIPIM, Europe’s largest property fair, said the UK has survived on government aid since the recession and that a cut in spending could [...]
London hotels outstrip their country rivals February 28, 2010 LONDON’S hotel sector is beginning to see signs of economic recovery after taking a hit from the recession, while the UK’s provinces continue to experience difficulties. According to new research by professional services company PricewaterhouseCooper (PwC), revenue per available room is projected to grow by three per cent this year and five per cent in [...]
The accidental transport secretary turns his sights on planes and trains June 15, 2010 IT wasn’t meant to be like this. If the Tories had won an outright majority on 7 May, Philip Hammond would have gone to the Treasury as chief secretary and implemented the toughest spending cuts in a generation. As part of the coalition agreement, however, he had to step aside for a Liberal Democrat and [...]
The accidental transport secretary turns his sights on planes and trains June 15, 2010 IT wasn’t meant to be like this. If the Tories had won an outright majority on 7 May, Philip Hammond would have gone to the Treasury as chief secretary and implemented the toughest spending cuts in a generation. As part of the coalition agreement, however, he had to step aside for a Liberal Democrat and [...]