Airline search schemes boosting security firms January 4, 2010 IT is probably fair to say that 2009 was a bad year for the airline industry. Afflicted by strikes, falling passenger numbers and fluctuating fuel prices, the year was topped off with a security alert onboard a Detroit bound Delta Airlines flight on Christmas Day. In the aftermath of another terrorist attempt, European and American [...]
GREEN GEARS UP FOR XMAS November 11, 2009 BILLIONAIRE Sir Philip Green yesterday helped to launch a shopping initiative in London’s West End, ahead of the key Christmas trading period. The Top Shop-to-Bhs entrepreneur was promoting a traffic free day on 5 December to help lure shoppers to Oxford Street and Regent Street. Last year the event generated £150m of sales for West [...]
Borders in talks to sell off more stores November 22, 2009 BORDERS, the ailing bookseller, was showing further signs of floundering yesterday, as it entered into rescue talks and looked to sell off further stores. As the threat of failure looms, the private equity-backed retailer is understood to be in talks with record store HMV and stationers WH Smith to buy up its stores. Borders wants [...]
London must not be sacrificed in age of austerity January 3, 2010 As was recently reported, I am taking a hands-on approach to the Mayoralty – from basting the family Christmas Turkey down in the kitchens of Mansion House to defending the City’s interests against Nicholas Sarkozy’s plans for European domination, I am not afraid to get my hands dirty! That is why, if I were to [...]
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 [...]
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 [...]