Cuts the best way to ensure growth June 21, 2010 TODAY is D-day for George Osborne; his first Budget, presented to Parliament at 12.30pm today, could be remembered as a turning point in modern British economic history. If he flunks it, Osborne is finished; if he pulls it off, stabilises the national debt, begins to unwind the excess of the Labour years and ensures that [...]
Cuts the best way to ensure growth June 21, 2010 TODAY is D-day for George Osborne; his first Budget, presented to Parliament at 12.30pm today, could be remembered as a turning point in modern British economic history. If he flunks it, Osborne is finished; if he pulls it off, stabilises the national debt, begins to unwind the excess of the Labour years and ensures that [...]
Pru told to list its Asian unit June 2, 2010 PRUDENTIAL is facing calls to realise the value of its Asian business through a stockmarket listing after its $35.5bn (£25bn) play for AIA lay in tatters yesterday. Chief executive Tidjane Thiam and chairman Harvey McGrath, who are fighting for their professional lives along with the rest of the board, will come under pressure to provide [...]
Capello admits to World Cup selection ‘problems’ May 10, 2010 ENGLAND coach Fabio Capello last night admitted he has encountered “some problems” in settling on a provisional squad to carry the hopes of a nation at this summer’s World Cup. Capello will today confirm the 30 players he will take to Austria for two training camps this month, before then whittling his squad down to [...]
Find beauty on the Welsh coast April 15, 2010 SECOND home hunters with a bit of cash have tended to gravitate towards destinations such as the Cotswolds and Cornwall. Great minds think alike and because of this, those areas have become over-crowded and pricey to boot. So perhaps it’s time to think outside the box, and there are few places better – or more [...]
Pace set for World Cup sales boost April 19, 2010 PACE, the set-top box maker, is expecting a World Cup sales boost as operators role out high-definition TV ahead of the summer football tournament. The UK-based company said sales in the first half of the year will outpeform the second six months as millions tune into the World Cup. However trading for the overall year [...]
Ofcom cuts Premier footy prices March 31, 2010 MEDIA regulator Ofcom has slashed the price BSkyB can charge its rivals to screen its sports packages. It cut the wholesale price for Sky Sports 1 by 24 per cent to £10.63 a month. It means rivals BT and Virgin will be able to undercut Sky and chip away at its vast 9.5m subscriber base. [...]
Kingfisher raises dividend after profits boost March 25, 2010 B&Q owner Kingfisher beat profit forecasts and raised its dividend – helped by a rise in sales of eco-friendly products. Pre- tax profit excluding and one-off items jumped 49 per cent to £547m in the year ended January, above the average forecast of £543m. As well as raising its dividend for the first time in [...]
ANALYST VIEWS: DO YOU THINK INFLATION WILL FALL BACK TO BELOW TARGET THIS YEAR? March 23, 2010 SIMON WARD | HENDERSON Assuming no significant impact from Budget decisions, CPI inflation is projected to fluctuate in a 3.0-3.25 per cent range until mid-year before declining modestly during the second half, remaining well above the two per cent target. ALAN CLARKE | BNP PARIBAS “We expect inflation to be stable in the coming months, [...]
CITY MOVES | WHO’S SWITCHING JOBS March 14, 2010 Coutts Private Office Rupert Allison has joined Coutts Private Office as senior client partner from after three years with HSBC private bank as a relationship manager/ director. At Coutts, Allison will advise high-net-worth individuals whose assets top £30m and will report to global head of Coutts private office, Duncan McIntyre. Allison also spent 15 years [...]