Editor's Picks
London pre-open: Stocks take lead from US
Wednesday 21 Mar 2012
City sources predict the FTSE 100 will open down five points from yesterday's close of 5,892, taking its lead from stocks in the US.
BUDGET: UK growth forecast revised upwards
Wednesday 21 Mar 2012
The UK’s independent financial forecasting body, the Office for Budgetary Responsibility (OBR), thinks the UK economy will grow 0.8pc in 2012, rising to 2pc in 2013.
FTSE 100 movers: Retailers rise as stocks react to Budget
Wednesday 21 Mar 2012
The retailers were on the rise today with Sainsbury leading the charge after fourth quarter like-for-like (LFL) sales beat expectations.
Commodities: Crude rises after decline in US supplies
Wednesday 21 Mar 2012
Crude oil futures rose on Wednesday after government data showed a surprise fall in US weekly oil inventories.
Budget: Personal tax allowance rises to 9,205 pounds
Wednesday 21 Mar 2012
1327: The personal tax allowance is to be raised by £1,100 to £9,205 a year, the largest ever increase in the allowance, and "in touching distance" of the government's aim of raising it to £10,000.
Speculation over the Budget mounts
Wednesday 21 Mar 2012
With the Budget now just around the corner the rumour mill has gone even further into overdrive, with the week-end seeing a number of new stories surfacing about what changes the Chancellor of the Exchequer, George Osborne, is likely to announce on Wednesday.
MPC warns of rising oil prices, members divided on QE
Wednesday 21 Mar 2012
The Monetary Policy Committee (MPC) voted unanimously to maintain its Bank Rate at a record-low level at the last meeting, but two members were opposed to keeping the asset purchase programme on hold.
London open: Stocks rise ahead of Budget
Wednesday 21 Mar 2012
- Budget expected at 12:30 - Retailers rise, Sainsbury in demand - Serco upgraded by HSBC, Morgan Stanley
Wednesday tips round up: Gem Diamonds, Regus
Wednesday 21 Mar 2012
Gem Diamonds, the huge diamond miner, shot up like a rocket yesterday after announcing a 112 per cent rise in operating profit during 2011.
GAME's directors throw in the towel
Wednesday 21 Mar 2012
It is looking like 'game over' at GAME, the video games retailer which has been beset by cash flow difficulties and a reluctance on the part of games publishers to supply it with games for sale.
Ophir Energy looks to 2012 with confidence
Wednesday 21 Mar 2012
Ophir Energy, the African energy firm which began trading in London last year, is hailing 2011 as a 'transformational year' as both revenue and cash-flow surged.
Intertek snaps up US retail testing firm
Wednesday 21 Mar 2012
Product testing group Intertek has acquired 4th Strand, a US provider of product quality and benchmarking services to the retail industry, which will be integrated into the group's Consumer Goods division.
ENRC to go at flull blast in 2012
Wednesday 21 Mar 2012
Kazakhstan-focused miner, Eurasian Natural Resources (ENRC), expects production to be at full available capacity across all divisions in 2012, with increased copper volumes anticipated.
Sainsbury delivers more than expected
Wednesday 21 Mar 2012
Like-for-like sales (LFL) growth at Sainsbury has been stronger than the market had been expecting in the supermarket group's fourth quarter.
Wednesday newspaper round-up: RBS, Budget, BoE
Tuesday 20 Mar 2012
Royal Bank of Scotland’s insurance arm is poised to appoint Mike Biggs as its chairman with a brief to lead a £5bn flotation of the Churchill and Direct Line brands this year. Mr Biggs, a former HSBC banker and Aviva finance director, is chairman of Resolution Limited, Clive Cowdery’s FTSE 100 investment vehicle. It is understood that Mr Biggs intends to stay on at Resolution until 2014, when its
Wednesday newspaper round-up: RBS, Budget, BoE
Tuesday 20 Mar 2012
Royal Bank of Scotland’s insurance arm is poised to appoint Mike Biggs as its chairman with a brief to lead a £5bn flotation of the Churchill and Direct Line brands this year. Mr Biggs, a former HSBC banker and Aviva finance director, is chairman of Resolution Limited, Clive Cowdery’s FTSE 100 investment vehicle. It is understood that Mr Biggs intends to stay on at Resolution until 2014, when its
Commodities: Crude slides 2.3 per cent after Saudi comments
Tuesday 20 Mar 2012
Crude oil futures fell over 2 per cent on Tuesday after the world's largest crude exporter Saudi Arabia said it would try to "restore oil prices to levels that are fair for producers, consumers and the oil industry".
Mortgage lending continues to recover from low base
Tuesday 20 Mar 2012
Data from the Council of Mortgage Lenders (CML) shows that mortgage lending was up on year-on-year for the seventh month in a row in February, as first-time buyers rushed to take advantage of a stamp-duty holiday at the lower end of the market.
Glencore to buy Canadian agri-business Viterra
Tuesday 20 Mar 2012
Commodity marketing and mining giant Glencore International is to spend nearly four billion pounds on the issued and outstanding shares of Viterra, the Canadian agri-business and food ingredients firm.
Bluehone to address funding gap for small businesses
Tuesday 20 Mar 2012
Bluehone Secured Assets, a newly formed company established to provide an alternative source of finance to small and medium enterprises, is to beef up its own finances with a flotation on AIM, the Alternative Investment Market.
You are here: news > editors picks
10 Lower Thames St,
London EC3R 6EN