FTSE begins to recoup losses as miners and banks advance August 26, 2010 BRITAIN’S top share index rose yesterday, boosted by a rebound in commodity stocks and helped by better-than-expected economic data from the US. The FTSE 100 closed up 46.44 points, or 0.9 per cent, at 5,155.84, as London’s blue chips rallied from a seven-week closing low on Wednesday. Weekly jobless claims in the United States declined [...]
CITY MOVES | WHO’S SWITCHING JOBS August 2, 2010 FTSE Group The global index provider has appointed Sudir Raju as managing director for its custom index business. Raju has worked for Dow Jones and Stoxx Indexes since 2004, latterly as leader of the Stoxx custom index business. He has a strong technical background with experience extending across index design, production, reviews and operations, as [...]
Is your broker trading against you? September 26, 2010 MANAGING DIRECTOR, FXCM FOREX TRADING in the UK has become extremely popular with increasing demand for improved trading platforms and trading services. Many people trade FX via their spread betting or CFD provider. However as retail traders become increasingly sophisticated will the classic spread betting offering be enough for the man on the street? No [...]
GOING FULL-TIME July 15, 2010 FOR most Brits with second homes abroad, renting out the place will only generate supplementary income while you slave away in the office. But for Tim Forster, a former navy officer, holiday tenants became his main source of income when he and his wife moved permanently to the village of Uzes in Provence in 2001 [...]
GOING FULL-TIME July 15, 2010 FOR most Brits with second homes abroad, renting out the place will only generate supplementary income while you slave away in the office. But for Tim Forster, a former navy officer, holiday tenants became his main source of income when he and his wife moved permanently to the village of Uzes in Provence in 2001 [...]
Persimmon sees house sales rise July 6, 2010 HOUSEBUILDER Persimmon said total house sales and completions rose in the first half, despite slipping in recent months on election and budget uncertainty. The company, the UK’s largest housebuilder by market value, said legal completions in the first half increased by 16 per cent to 4,657 homes year-on-year, with the average selling price rising by [...]
Housing market is looking healthier June 28, 2010 THE long upwards run for house prices has ground to a halt. The recent history of UK house prices has confounded many commentators: values plunged when the credit crunch hit, albeit not as much as in the US, then regained over half of their losses over the past year. The present return to stagnation makes [...]
Housing market is looking healthier June 28, 2010 THE long upwards run for house prices has ground to a halt. The recent history of UK house prices has confounded many commentators: values plunged when the credit crunch hit, albeit not as much as in the US, then regained over half of their losses over the past year. The present return to stagnation makes [...]
Spice set to give thumbs-up to £247m offer from Cinven by end of September September 2, 2010 UTILITIES services company Spice is expected to recommend a £247m offer from buyout house Cinven by the end of the month after announcing advanced talks yesterday. Cinven has locked Spice into exclusive discussions with a hefty break fee, meaning the prospect of an expensive bidding war with a mystery third party has receded. Spice has [...]
Two cheers for Basel banking rules September 12, 2010 HAD the financial system held more capital two years ago, the world today would look very different. Most big firms would have coped; there may even have been no bailouts. It had become the received wisdom among regulators, firms and academics – all users of fancy models – that banks could operate on razor thin-reserves; [...]