THE WEEK AHEAD November 20, 2011 COMPANY NEWS ● Mitie Group announces its half-year results today. The facilities management company offers a range of building and support services, from industrial painting and engineering, to catering and cleaning. ● Mitchells & Butlers announces its final results and De La Rue announces its interim results tomorrow. M&B runs about 2,000 pubs and restaurants [...]
MADE IN CHELSEA LINK IRKS TOPSHOP TYCOON September 15, 2011 A NIGHT in is inked in the diary for Sir Philip Green next Monday, when the first episode of the new season of Made In Chelsea airs, starring his 20-year-old daughter Chloe. “I will be watching it on Monday night, of course,” he told The Capitalist. The conversation took a turn for the worse, however, [...]
WHAT THE OTHER PAPERS SAY THIS MORNING August 30, 2011 FINANCIAL TIMES DISPUTE ERUPTS OVER CONTROL OF LIBYA’S $65BN SOVEREIGN FUNG A dispute has erupted over control of Libya’s $65bn (£40bn) sovereign wealth fund, as the national transitional council attempts to maintain stability in the nation. Several NTC members have contested the authority of Mahmoud Badi, who is probing corruption at the Libyan Investment Authority. HONG [...]
PUBS WAR CAN WAIT AS JOE LEWIS EXPECTS NEW GREAT-GRANDCHILD September 14, 2011 ALL EYES remain on financier Joe Lewis, whose surprise appearance in London on his superyacht Aviva ten days ago has been satisfactorily explained by this week’s hostile move to take control of pub chain Mitchells & Butlers. Case closed. Or is it? As ever with the enigmatic Bahamas-based billionaire, the truth is rather more surprising [...]
WHAT THE OTHER PAPERS SAY THIS MORNING August 4, 2011 FINANCIAL TIMES E-PETITIONS SITE CRASHES ON LAUNCH A new e-petitions website allowing members of the public to put forward motions for debate by MPs has crashed under the weight of 1,000 visitors a minute trying to register proposals on issues such as the return of capital punishment and leaving the European Union. ICBC TO BUY [...]
Bunga Bunga everyone: Italy comes to Battersea August 3, 2011 Q: Charlie: You first showed your interest in nightlife and parties aged 13 when you arranged a party at Crazy Larrys. Duncan, you weren’t far on his heels. What was it about that world that drew you so powerfully? A (Charlie): I realised it was something I could do at the same time as studying [...]
Weak miners dip FTSE below key 200-day moving average June 8, 2011 MINING stocks, dented by heightened investor concerns about the strength of the global economic recovery, pushed Britain’s top shares below a key technical level yesterday, a bearish signal for the index. The FTSE 100 closed down 55.76 points, or one per cent, at 5,808.89, having breached its 200-day moving average of 5,815. US Federal Reserve [...]
Tax blitz on strong lager November 30, 2010 SUPER strength lager will be hammered by higher taxes, Downing Street said yesterday. Beer containing more than 7.5 per cent alcohol will face extra duties from autumn 2011. The March budget is expected to reveal the details. The government will also look to reduce tax on beers that contain less than 2.8 per cent alcohol. [...]
THE WEEK AHEAD January 16, 2011 COMPANY NEWS ● Several large American technology companies will report their results after UK trading hours on Tuesday, including Apple, IBM and Western Digital. ● As will remaining British retailers, including the fashion group Burberry and Carphone Warehouse. ● The budget pub chain JD Wetherspoon will release a trading update on Wednesday, as will bookmaker William [...]
FTSE climbs up from sluggish start January 24, 2011 From a sluggish start, the FTSE climbed until almost back through the 6,000 barrier, before falling slightly to close up 47.6 points or 0.81 per cent at 5,943.85. Defensive stocks gave the index strength while the market shrugged off early fears about banks after Saturday’s speech by John Vickers, chair of the Independent Commission on [...]