Connecting with employees and the public through the Olympics’ power November 22, 2011 COUNTDOWN TO THE LONDON 2012 OLYMPIC GAMES 247 DAYS TO GO EDF’s Gareth Wynn explains the group’s commitment to the London 2012 games from the very start Q.What was your brand’s primary reason for being involved with the Games? A.EDF Energy was actually the first commercial sponsor of the bid, even predating Seb Coe, when [...]
X FACTOR CAST GET FIRST LOOK AT SOHO’S £25M NIGHTCLUB LAUNCH December 14, 2011 CRISIS, what economic crisis? Piccadilly, at least, is experiencing a revival, says clubs entrepreneur Fraser Donaldson, who tonight opens the £25m Dstrkt on Soho’s Rupert Street. “If you look at Hakkasan, Nobu and Roka, they all have two to three-week waits for tables,” reasons Donaldson, the former owner of Prince William’s favourite club Crystal on [...]
Politicians fiddle while Rome burns October 20, 2011 SO Angela Merkel and Nicolas Sarkozy agree – there is a problem in the Eurozone, apparently, and something needs to be done about it. But as to what that should be, forget it. With this weekend’s get-together bound to fail, the EU’s so-called leaders may call yet another summit on Wednesday. The situation would be [...]
Politicians fiddle while Rome burns October 20, 2011 SO Angela Merkel and Nicolas Sarkozy agree – there is a problem in the Eurozone, apparently, and something needs to be done about it. But as to what that should be, forget it. With this weekend’s get-together bound to fail, the EU’s so-called leaders may call yet another summit on Wednesday. The situation would be [...]
Construction flat-lines on stagnant housing market October 4, 2011 FLAT activity in the construction sector in September was revealed yesterday by Markit’s purchasing managers’ index (PMI). A sharp fall from 52.6 in August to 50.1 in September was recorded, bringing the sector closer to the 50 threshold that separates growth from contraction. “UK construction companies continued to struggle in the face of growing concerns [...]
Construction flat-lines on stagnant housing market October 4, 2011 FLAT activity in the construction sector in September was revealed yesterday by Markit’s purchasing managers’ index (PMI). A sharp fall from 52.6 in August to 50.1 in September was recorded, bringing the sector closer to the 50 threshold that separates growth from contraction. “UK construction companies continued to struggle in the face of growing concerns [...]
RBC Capital Markets and City’s shifting sands October 31, 2011 OCCASIONALLY the move of a key employee from one investment house to another inadvertently sums up the varying fortunes of the two groups involved in the transfer. And so it is with James Eves, who has quit UBS after 11 years to join RBC Capital Markets in its pan-European financials team. Eves leaves UBS shortly [...]
Markets hoping for economic decisions November 13, 2011 WEDNESDAY’S sharp sell-off across major global stock indices showed just how skittish markets are currently. The slump in Italian bond prices did the damage as yields flew higher. The situation calmed down towards the end of the week as the political situation in Greece and Italy became clearer. Former ECB vice president Lucas Papademos was [...]
Rent rises start slowing but still exceed incomes November 17, 2011 RENTS hit a new high in October, according to LSL Property Services’ monthly buy-to-let index, published today, though the rate of increase fell to its lowest since February. The average rent in England and Wales rose by 0.2 per cent in October to £720 per month, the index showed. The increase compares with a jump [...]
Rent rises start slowing but still exceed incomes November 17, 2011 RENTS hit a new high in October, according to LSL Property Services’ monthly buy-to-let index, published today, though the rate of increase fell to its lowest since February. The average rent in England and Wales rose by 0.2 per cent in October to £720 per month, the index showed. The increase compares with a jump [...]