WHAT THE OTHER PAPERS SAY THIS MORNING August 2, 2009 THE SUNDAYSThe Sunday TelegraphDSG CHAIR ABANDONS CRYSTAL BALLThe outgoing chairman of DSG International, the Currys owner, has described the reduction in the retailer’s market size as “painful” and admitted he failed to see the downturn coming. Sir John Collins said he told John Browett, the electrical retailer’s chief executive, not to worry about the prospect [...]
House market enjoys some spring stability May 31, 2009 HOUSE prices remained stable for the first time in 20 months last month, according to the latest survey by Hometrack. House prices remained unchanged in May, compared to month on month declines since the housing slump. A combination of stronger sales volumes, continued buyer interest and a dwindling supply of property for sale has provided [...]
High Speed 1 will make Kent even more commutable June 11, 2009 THE Garden of England has always been an attractive location for commuters looking for fresh air and plenty of green countryside. Towns such as Tonbridge and Sevenoaks have long been classic commuter towns for those working in the City, but other parts of Kent have been out of reach for those who work in London. [...]
WHAT THE OTHER PAPERS SAY THIS MORNING July 14, 2009 FINANCIAL TIMES FIRSTGREATWESTERN BACK ON TRACKA rail franchise that became notorious for large numbers of train cancellations and poor punctuality has shown sufficient improvement to be released from an intensive monitoring regime imposed by the Department for Transport. Lord Adonis, transport secretary, yesterday told the House of Lords that FirstGreatWestern had met the standards required [...]
CONDOM MAKER DUREX TO FACE A NASTY ITCH AT ANNUAL MEETING July 22, 2009 PRICKLY business is in the offing at today’s annual meeting for investors in Durex condom maker SSL International, as minor shareholder Tariq Siddiqi prepares to take a stand. If the name sounds familiar, it’s because Siddiqi shot to fame back in 2005, when he persuaded David Blunkett to take up the bioscience job that eventually [...]
BOND YIELDS ARE A THREAT TO RECOVERY June 17, 2009 GEORGE TCHETERTAKOVHEAD OF MARKET RESEARCH, ALPARI UK THE bond markets are often underestimated and overlooked by investors because they are usually very stable, in fact almost too stable for some traders to take notice. However, over the past 18 months they have not only been volatile, but also pivotal in influencing banks, governments, central banks [...]
Central flats are the future of luxe London living June 4, 2009 THERE is something distinctly un-British about city apartment living. The Americans and the Europeans see it as perfectly normal, even desirable, but we Brits like our houses, simply because it is what we are used to. We would much rather have a small house with smaller garden and a longer commute to work, instead of [...]
UNCERTAINTY KEEPS LID ON ASSET PRICES July 22, 2009 GEORGE TCHETVERTAKOVHEAD OF MARKET RESEARCH, ALPARI UK FINANCIAL markets continue to remain in a state of flux as conflicting indicators and persistently unpredictable macro events sway sentiment. The frothy risk-rally in equities, commodities and FX that started in March hit a wall of doubt in mid-May leading to a sense of overextension amongst investors as [...]
Q&A: SALES June 11, 2009 Camilla DellMANAGING DIRECTOR AT BLACK BRICK Q. Dear Camilla, there has ben a lot of talk recently about property prices starting to rise. Is this true, and should I be thinking of buying? A. These things are never straightforward. When you look back at housing data and statistics from the last property market crash, there [...]
Lending for home loans rises in April June 2, 2009 MORTGAGE approvals for house purchase rose in April for the third consecutive month, according to data released yesterday by the Bank of England, providing further evidence that housing market activity was recovering. But approvals remained at a level that suggests further house price falls are still ahead. The Bank of England said that the number [...]