CITY VIEWS: WHEN DO YOU THINK THE ECONOMY WILL COME OUT OF RECESSION? November 25, 2009 SIMON DUKE LLOYD’S OF LONDON“I expect that by the end of next year we will see signs that the recession has ended, particularly because we’ve already hit bottom. It will take time for new jobs to surface and previous jobs to return, but I think the recovery process is underway.” MARK STOOP BEAZLEY“I think the [...]
UK cracks up in the big freeze January 7, 2010 ARCTIC conditions intensified yesterday as the UK faced its coldest night of the winter so far with the temperature dropping as low as –5C in central London as the worst cold snap to hit the country for thirty years continued. More travel chaos for commuters was predicted amid the freezing temperatures, with the Met Office [...]
THE TIPSTER November 23, 2009 ASIAN markets have been struggling to keep up with the likes of European and US indices, which have continued to mark new highs for 2009. The Japanese Nikkei has failed around the 10,500 level a few times between July and October but its weakness could provide a buying opportunity ahead of the seasonal rally higher [...]
New Look holds talks with raft of bankers ahead of IPO November 29, 2009 High street fashion chain New Look is ramping up plans for its possible £1.7bn stock market flotation next year and has met with a roster of heavyweight bankers. The budget fashion chain, owned by private equity firms Apax and Permira, is believed to have held a beauty parade of possible advisers including Deutsche Bank, Goldman [...]
TRAVEL NOTES November 22, 2009 Discount family trips to AsiaTravel Indochina is offering a free place for one child when a family of four books any family tour this November for departures in January, February or March 2010. Offerings include a 10-day journey to Cambodia, which kicks off with a street level tour of Phnom Penh and features a leisurely [...]
UK retail sales to dip in 2010 November 4, 2009 British retail sales will be flat over Christmas and are expected to fall 1.5 per cent in 2010, according to data from Deloitte. The business advisory firm said shoppers were moving towards supermarket groups and non-food retailers need to focus more on differentiating their products and improving customer service.
Liverpool to begin their climb back up the table January 7, 2010 LIVERPOOL vs TOTTENHAM SUNDAY – 4.00PM SKY SPORTS LIVERPOOL put in another lacklustre display when they were outplayed by struggling Reading in the FA Cup last weekend and things are still not right at Anfield. However, they notched back-to-back Premier League successes for the first time since September when they won at Villa Park over [...]
Banks and miners lift FTSE but retail shares take a dive January 14, 2010 STRENGTH in miners helped Britain’s top share index to a 0.5 per cent rise by yesterday’s close after soaring output figures from Rio Tinto boosted the sector, but retailers fell on weak trading updates. The FTSE 100 ended 24.72 points higher at 5,498.20 after falling for two days, pressured by China’s decision to tighten banks’ [...]
CITY EYE November 3, 2009 CITY workers thronged the area around St Paul’s Cathedral last night for the switching on of the Christmas lights. Actor Bob Hoskins did the honours with the lights, while the entertainment was provided by pop star Little Boots, the St Paul’s Cathedral Choir, the cast of West End musical Hairspray and wrinkly Eighties crooners Spandau [...]
Travelport in pole position in float queue January 17, 2010 TRAVELPORT looks set to become the most expensive company to float on the stock exchange in two years. It will be amongst the first in a slew of companies seeking an IPO in the coming months. The airline and hotel reservations firm, which operates in 160 countries, has plans for flotation in London and hopes [...]