Businesses tell government to avoid knee-jerk tax hikes June 6, 2010 BUSINESS organisations will today call on the government to avoid knee-jerk tax rises in the emergency Budget later this month. In a report published today, City lobby group London First warns the UK is losing its reputation as a business-friendly location thanks to a series of surprise tax rises. John Dickie, director or strategy and [...]
Land Securities in record sale June 17, 2010 PROPERTY developer Land Securities yesterday set a record for the sale of an undeveloped chunk of land in London, forward-selling a retail, office and residential development on Oxford Street to the Qataris. Barwa Real Estate, in which Qatar’s sovereign wealth fund is the biggest shareholder, agreed to stump up a total of £250m for the [...]
Land Securities in record sale June 17, 2010 PROPERTY developer Land Securities yesterday set a record for the sale of an undeveloped chunk of land in London, forward-selling a retail, office and residential development on Oxford Street to the Qataris. Barwa Real Estate, in which Qatar’s sovereign wealth fund is the biggest shareholder, agreed to stump up a total of £250m for the [...]
L&C hires M&S director Michels June 16, 2010 Boutique wealth management firm London & Capital has scored a coup with the appointment of Sir David Michels as chairman. Michels is also currently deputy chairman of retail giant Marks & Spencer and budget airline easyJet. He said: “London & Capital has shown throughout the credit crunch that well run, independent wealth management companies have [...]
BAA lowers earnings forecast by £10m June 24, 2010 AIRPORT operator BAA has lowered its 2010 earnings forecast by £10m reflecting the impact of the volcanic ash cloud, strikes by British Airways cabin crew and bad weather. BAA, which is owned by Spain’s Ferrovial, forecast that its 2010 adjusted earnings before interest, tax, depreciation and amortisation would be £946M based on its expectation of [...]
The doctor’s ticket to success August 19, 2010 FOR a business venture to get off the ground, it needs to fill a gap in the market. Robin Wells’ latest venture mytrainticket.co.uk has found more of a gulf than a gap. The serial entrepreneur/angel investor came across the business opportunity – a rail version of air travel ticket booking sites – 18 months ago. [...]
Jupiter stock bounces in first session June 21, 2010 FUND manager Jupiter returned to the London stock exchange yesterday, riding buoyant markets to debut 15 per cent above the price set in an initial public offer (IPO) last week. Jupiter raised £220m to pay off debt and secured a £33.5m windfall for its current owners in its IPO, which priced at 165p. By mid-morning, [...]
Luxury shops in boost from Indian spend July 12, 2010 THE number of luxury goods purchased by Indian shoppers visiting the UK in June surged by 89 per cent compared with the same month last year, according to a retail survey. The figures, compiled through a poll of 15,000 businesses, reveals the extent to which high street spending is fuelled by foreign spending power. According [...]
Luxury shops in boost from Indian spend July 12, 2010 THE number of luxury goods purchased by Indian shoppers visiting the UK in June surged by 89 per cent compared with the same month last year, according to a retail survey. The figures, compiled through a poll of 15,000 businesses, reveals the extent to which high street spending is fuelled by foreign spending power. According [...]
A good quality MBA should be all about broadening horizons October 13, 2010 TRADITIONALLY, an MBA has been a generalist qualification which teaches fresh skills and opens up avenues. But a new breed of focused MBAs has emerged in recent years. These concentrate on a specific area such as the energy industry, defence, financial services, the BRIC countries or even corporate and social responsibility (see box). They are [...]