TARGET YOUR PROFITS WITH SECTOR ETFS October 21, 2009 NIZAM HAMIDHEAD OF SALES STRATEGY, ISHARES EUROPE SINCE the start of this year we have seen assets under management in sector exchange-traded funds (ETFs) overtake the open interest in the futures markets – the net value of all open positions. At the end of September 2009, the total value of assets under management in sector [...]
All eyes are on the Copenhagen talks November 10, 2009 IT has been a busy week for energy, as the British government turns its attention to the much-anticipated UN climate talks in Copenhagen next month. That’s why British banks – or at least the ones part-owned by the taxpayer – are lending to wind farms as the government also paves the way for a massive [...]
WHAT THE OTHER PAPERS SAY THIS MORNING December 13, 2009 THE SUNDAYS The Sundays Telegraph DEBENHAMS DIRECTORS GET BUMPER PAYOUTS Directors of Debenhams have received bumper payouts, despite the retailer cutting its dividend payment to shareholders last year. Rob Templeman, chief executive, saw his package increase by a third to £1.24m after he was granted a bonus of £428,073. Michael Sharp, deputy chief executive, saw [...]
How the Queen of support services wants to turn UK companies green January 6, 2010 GOING GREEN may not be the most original of strategies but that doesn’t make it any less lucrative. So Mitie Ruby McGregor-Smith’s decision to bet the future of her support services giant on cashing in on the trend for all things environmental has gone down well with investors. The FTSE 250 company is still busy [...]
LSE slaps ERT for recklessness November 23, 2009 HYDER CONSULTING has boosted its international business to nearly three-quarters of total revenues, a move that has insulated it from the worst of the recession in the UK, the company said. Hyder, which specialises in design for infrastructure and engineering projects, yesterday said it would meet annual profit targets as it reported first-half results in [...]
Balfour wins 134m contract October 5, 2009 Engineering firm Balfour Beatty yesterday said it has won two contracts in the education sector worth a total of £134m. Britain’s biggest infrastructure contractor, which builds roads, railways and schools, has won a £77m contract to build new student accommodation at the University of Exeter, in the south west of Britain. And the company has [...]
Balfour wins 134m contract October 5, 2009 Engineering firm Balfour Beatty yesterday said it has won two contracts in the education sector worth a total of £134m. Britain’s biggest infrastructure contractor, which builds roads, railways and schools, has won a £77m contract to build new student accommodation at the University of Exeter, in the south west of Britain. And the company has [...]
MPs urged to mutualise Rock September 27, 2009 BUILDING societies have urged the government to put Northern Rock back under customer ownership, arguing the move would help create a stronger financial services sector. Northern Rock and other failed banks should be turned into building societies, or “mutualised”, and allowed to repay their taxpayer stakes over time, according to the Building Societies Association (BSA). [...]
Proposals out on living wills December 16, 2009 EMPLOYEES will be guaranteed the option of working out a notice period and clients promised swift access to their money in the event of a future high-profile investment bank failure, under the terms of proposed government legislation unveiled yesterday. City minister Lord Myners launched the consultation paper on so-called “living wills” – measures for an [...]
BEST OF THE BROKERS November 4, 2009 FOCUS SOLUTIONS’ POSITIVE OUTLOOKFocus Solutions, the group which specialises in pensions back office software, said yesterday it was confident of achieving both revenue and profit expectations for the full year, although half year revenues would be down on the same period last year because of the timing of securing key contracts. The group added it [...]