02 June 2016 Week In Brief: BUSINESS AND THE CITY PARKING A PROFIT: Blackstone, the American owned private equity business which had a good time in the recession buying lots of assets at bargain prices, especially in the property and banking sectors, is cashing in one of its big holdings. It is selling, through… Continue reading Issue56:2016 06 02:Week in Brief Financial
Category: Week In Brief Financial
Issue 55: 2016 05 26:Week in brief Financial
26 May 2016 Week in Brief: BUSINESS AND THE CITY BLOWS THE WIND FOR FRANCE? After many months, years indeed, of negotiations at all levels, the outlook for building the proposed Hinkley Point nuclear power station is still confused. Readers may recall that the power station, to be built and operated by EDF, the French… Continue reading Issue 55: 2016 05 26:Week in brief Financial
Issue 54:2016 05 19: Week in Brief Financial
19 May 2016 Week In Brief: BUSINESS AND THE CITY LOST CONNECTION: After many months of negotiation, lobbying, and speculation the European Commission finally refused to allow CK Hutchison Group, the Hong Kong telecoms operator, to use its UK operation, Three, to take over O2, which is one of the largest mobile telecoms operator in… Continue reading Issue 54:2016 05 19: Week in Brief Financial
Issue 53:2016 05 12:Week in Brief Business
12 May 2016 Week In Brief: BUSINESS AND THE CITY “IT’S THE ECONOMY…”: Last week saw the release of a large quantum of data regarding economic performance in both the UK and USA. The figures for the USA made the more cheerful reading at first sight, with a continuing climb in employment – though not… Continue reading Issue 53:2016 05 12:Week in Brief Business
Issue 52: 20166 05 05: Week in Brief Financial
05 May 2016 Week In Brief: BUSINESS AND THE CITY IT’S A RAIL GAIN: Network Rail, which owns and operates Britain’s railway network, including much of the property which the system needs to accommodate its operations, is looking at selling off some of its property assets. This has been done before of course. The railways… Continue reading Issue 52: 20166 05 05: Week in Brief Financial
Issue 51: 2016 04 28:Week in Brief Financial
28 April 2016 Week In Brief: BUSINESS AND THE CITY MOVES ON THE HIGH STREET: This was our first headline last week, looking at changes in estate agency, but it equally fits changes in retail, with the failure of both British Home Stores (“BHS”) and Austin Reed this week. Both are fine old British firms,… Continue reading Issue 51: 2016 04 28:Week in Brief Financial
Issue 50: 2017 04 21: Week in Brief Financial
21 April 2016 Week In Brief: BUSINESS AND THE CITY MOVES ON THE HIGH STREET: Your friendly local estate agency is changing fast. It may be still trading from that branch in the high street, but generally the future is on-line and that increasingly means that the agents need to get their properties onto one… Continue reading Issue 50: 2017 04 21: Week in Brief Financial
Issue 49: 2016 04 14: Week in Brief Financial
14 April 2016 Week In Brief: BUSINESS AND THE CITY SCUNTHORPE REVISITED: Whilst Mr Cameron continues to struggle with the fascinating subject (to some) of his wealth and how he acquired it, the heat has been off his Trade and Industry Minister, Sajid David, who has used the opportunity to quietly regroup. He has confirmed… Continue reading Issue 49: 2016 04 14: Week in Brief Financial
Issue 48: 2016 04 07:Week in Brief: Financial
07 April 2016 Week In Brief: BUSINESS AND THE CITY NOT A BLAST: The fall-out from Tata’s announcement that it will close its steel business in the UK if it cannot find a buyer continues to have major political and economic ramifications. These include China’s announcement of increased tariffs on the type of steel which… Continue reading Issue 48: 2016 04 07:Week in Brief: Financial
Issue 47: 2016 03 31: Week in Brief Financial
31 March 2016 Week in Brief: Business and the City GRIM NEWS FOR THE VALLEYS: 2015 was a terrible year for the British steel manufacturing industry. Battered by cheap Chinese and Indian imported steel, many UK plants making non-speciality steel gave up the struggle and closed down, with thousands of job losses. Now… Continue reading Issue 47: 2016 03 31: Week in Brief Financial
Issue 46:2016 03 24: Week in brief (Financial)
24 March 2016 Week in Brief: BUSINESS AND THE CITY RETAIL HOME WIN: In another unexpected turn of events in a takeover battle that has been full of them, J Sainsbury emerged victorious to win ownership of Home Retail Group, owner of Argos, the catalogue and high street retailer. The City had reacted… Continue reading Issue 46:2016 03 24: Week in brief (Financial)
Issue 44:2016 03 10: Week in Brief Financial
10 March 2016 Week In Brief: BUSINESS AND THE CITY EMPLOYMENT PROSPECTS: The USA economy continues to outperform projections, at least so far as employment is concerned. In January the number of people in employment rose 172,000, above projections, and in February’s beat the forecasts again with 242,000 new jobs. A lot of this is… Continue reading Issue 44:2016 03 10: Week in Brief Financial
Issue 43: 2016 03 03:Week in brief Financial
03 March 2016 Week in Brief: BUSINESS AND THE CITY LESS THAN DELIGHTED: If HSBC thought that its decision a few days ago to keep its head office in the UK would be well received it must now be feeling disappointed. The Government and the Bank of England welcomed the decision, which no doubt brought… Continue reading Issue 43: 2016 03 03:Week in brief Financial