19 October 2017 Week In Brief: BUSINESS AND THE CITY GODDBYE MR FLINT, HELLO MR FLINT: No sooner has one Flint left the boardroom of HSBC than another one arrives. On 30th September the banking group’s chairman left after 22 years on the board, and 12 days later new chairman Mark Tucker announced John Flint… Continue reading Issue 125:2017 10 19:Week in Brief Financial
Category: Week In Brief Financial
Issue 123 :2017 10 05:Week in Brief Financial
05 October 2017 Week in Brief:BUSINESS AND THE CITY BUMP ON THE ROAD: A little deflation to a British manufacturing success story. Brompton, makers of those so-elegant and useful folding bicycles, has had to initiate a recall of every bike it has made since April 2014. It has discovered a fault with an axle component… Continue reading Issue 123 :2017 10 05:Week in Brief Financial
Issue 122:2017 09 28:Week in Brief Financial
28 September 2017 Week in Brief:BUSINESS AND THE CITY COPPER TOPPED: Over the past few months those who followour summary commodities index at the end of this section will have noted the steady rise in the price of copper. Although this is in a reality a return to the trading band of 30 or so… Continue reading Issue 122:2017 09 28:Week in Brief Financial
Issue 121:2017 09 21:Week in Brief Financial
21 September 2017 Week in Brief:BUSINESS AND THE CITY NEVER KNOWINGLY OVERPROFITEERING: It’s shaping up to be a very mixed summer of results from retail, with fashion chains, department chains, and food retailing all seeing big variations in performance. Latest results to surprise the market are from that British favourite John Lewis Partnership, (including Waitrose,… Continue reading Issue 121:2017 09 21:Week in Brief Financial
Issue 120:2017 09 14:Week in Brief Financial
14 September 2017 Week in Brief:BUSINESS AND THE CITY BUILDING A NEW MODEL: You might think that with Lego popping up on so much family time advertising – not to say those damn bricks all over your carpet if you have children of a certain age – that things must be good for the Danish… Continue reading Issue 120:2017 09 14:Week in Brief Financial
Issue 119:2017 09 07:Week in Brief Financial
07 September 2017 Week In Brief: BUSINESS AND THE CITY BACK IN CREDIT: The long running saga of the restructuring of Co-Operative Bank has finally concluded. After various attempts to procure a sale, or a major backer, as covered in these pages, the existing five hedge fund owners have finally decided to do it by… Continue reading Issue 119:2017 09 07:Week in Brief Financial
Issue118:2017 08 17:Week in Brief Financial
17 August 2017 Week in Brief: BUSINESS AND THE CITY THEY’RE OFF: It may be a quiet time of year for business, but this season also seems to be a bad one for closing already announced deals. JOHN MENZIES said last March that it was in detailed discussions regarding the sale of its logistics and… Continue reading Issue118:2017 08 17:Week in Brief Financial
Issue 117:2017 08 10:Week in Brief Financial
10 August 2017 Week In Brief: BUSINESS AND THE CITY POWER BOOST: As the government ponders what to do, if anything, about promises made to review consumer electricity and gas prices, here comes some more competition to the supply side. It is serious competition indeed – Royal Dutch Shell, the oil drilling, refining, and retailing… Continue reading Issue 117:2017 08 10:Week in Brief Financial
Issue 116:2017 08 03:Week in Brief Financial
3 August 2017 Week in Brief:BUSINESS AND THE CITY COY BROADCASTERS: As the BBC struggles with the fallout from revelations that it had been paying some of its male star broadcasters more than women doing the same or similar jobs, its terrestrial rival ITV has kept its head well down. It says it will not… Continue reading Issue 116:2017 08 03:Week in Brief Financial
Issue 114:2016 07 20:Week in Brief Financial
20 July 2017 Week In Brief: BUSINESS AND THE CITY ITS BENEATH YOU: Alternative energy continues to emerge from all sides. The latest challenger to oil is geothermal energy – gathering heat from hot rocks deep below the earth’s crust by pumping water through them for conversion into steam to power turbines, or to use… Continue reading Issue 114:2016 07 20:Week in Brief Financial
Issue 113:2017 0 13:Week in Brief Financial
13 July 2017 Week In Brief: BUSINESS AND THE CITY CONTRACTING CONTRACTORS: Building and property have always been cyclical sectors and the current bull market has had a reasonably long run, so commentators are looking for signs suggesting that the next step is down. The results of major building contractors seem to indicate that we… Continue reading Issue 113:2017 0 13:Week in Brief Financial
Issue 112:2017 07 06:Week in Brief Financial
06 July 2017 Week In Brief: BUSINESS AND THE CITY NO DIVIDENDS FOR GOING INTERCITY: The number of passengers carried may be reaching record levels, and the railway network is probably in its best physical condition for eighty years, but profits are proving elusive. In fact, rail earnings are at their lowest level for a… Continue reading Issue 112:2017 07 06:Week in Brief Financial
Issue 111:2017 06 29:Week in Brief Financial
29 June 2017 Week In Brief: BUSINESS AND THE CITY IN THE PUBLIC GAZE: Two big property companies were the talk of the market this week; one you have probably heard of, one you probably haven’t. The well-known one is Hammerson plc, founded in the 1950’s and now the third largest propco in the FTSE100,… Continue reading Issue 111:2017 06 29:Week in Brief Financial