ONCE AGAIN, THE ECB MAY SURPRISE US June 7, 2011 IN THE movie Groundhog Day, Bill Murray wakes up each day only to find himself repeating the activities of the day before. There is a bit of a Groundhog Day feel to the currency market this week, as traders once again prepare for the monthly European Central Bank (ECB) press conference. Recall that last month [...]
ONCE AGAIN, THE ECB MAY SURPRISE US June 7, 2011 IN THE movie Groundhog Day, Bill Murray wakes up each day only to find himself repeating the activities of the day before. There is a bit of a Groundhog Day feel to the currency market this week, as traders once again prepare for the monthly European Central Bank (ECB) press conference. Recall that last month [...]
CITY MOVES | WHO’S SWITCHING JOBS May 25, 2011 Cable & Wireless The telecoms company has appointed Ian Gibson as chief financial officer and executive director, with effect from 21 July. Gibson joined the group in 1995 and has held a number of senior management positions, most recently deputy chief financial officer. In 2009 he was appointed as acting chief financial officer and played [...]
Get the best deal on rent in London May 26, 2011 YOUNG professionals struggling to get on the housing ladder is not news. Renting, particularly in London, is just a fact of life for many of us – at least while we are working on those deposits. The problem with renting, however, is that it is getting more and more expensive. Indeed, research out this week [...]
HOW TO MAKE OUR CHILDREN ENTREPRENEURS June 26, 2011 I BELIEVE we must encourage a new attitude that will prepare young people for success in the 21st century. Today, one in five young people in Britain is out of work. Competition for jobs is fierce and employment is a greater challenge than it has been for generations. I see enormous potential in Britain’s young [...]
THE CITY MUST NOT FORGET ITS CREATIVE EDGE May 15, 2011 IT is no fluke that Britain’s young, creative businesses are concentrated in London. Two out of three international advertising agencies have their European headquarters in the capital. It is the home of one of the largest film centres in the world, some of the largest and most important fashion schools, design schools, stage schools and [...]
Currency gains boost London housing market November 30, 2010 OVERSEAS investors continue to pile into London real estate, thanks to increasingly favourable exchange rates and soaring rental values, according to research seen by City A.M. Foreigners currently buy 72 per cent of all central London homes on the market, said a report by Hamptons International, up from 60 per cent at the peak of [...]
THE WEEK AHEAD in association with GFT May 22, 2011 COMPANY NEWS ● British Land announces its results today. Recent good news includes the fact it has pre-let around a third of its Cheesegrater skyscraper to Aon. ● On Tuesday, Marks & Spencer will deliver its results. In 1941, the Westminster based retailer raised £5,000 to pay for a Spitfire fighter called “The Marksman”. Shareholders [...]
WHAT THE OTHER PAPERS SAY THIS MORNING June 6, 2011 FINANCIAL TIMES SPAIN TO SEEK REDRESS OVER E. COLI CLAIM Spain will demand “100 per cent” compensation for the damage suffered by its farmers over unfounded accusations that they were the source of the E. coli outbreak in Germany that has killed 22 people and made thousands sick. Rosa Aguilar, Spain’s environment and rural affairs [...]
PROPERTY NEWS December 9, 2010 DEMAND FOR PROPERTY AT QUARTER’S HIGH Demand for property is on the rise for the first time in four months, according to the National Association of Estate Agents. House-hunters increased in November, attracted to falling prices, while supply remains static. Close to Christmas, there are usually fewer sales to avoid family disruption; people also tend [...]