Press Round Up News


burberry catwalk menswear fashion

Friday newspaper round-up: Burberry, Hedge funds, Scottish independence...

Fri, 22 August 2014

Only six weeks after a revolt by investors over excessive pay at Burberry, its boss has boosted his bank balance by cashing in £5.2 million of shares. Christopher Bailey, a design expert elevated... [more]

Global Round up

Thursday newspaper round-up: Islamic State, North Sea oil, BoE...

Thu, 21 August 2014

President Barack Obama has branded Islamic State (IS) fighters a "cancer" in the Middle East, and said the US will not be swayed from carrying out airstrikes against the group after it beheaded an Ame... [more]

Balfour Beatty; engineering; construction

Wednesday newspaper round-up: Balfour/Carillion, Apple, StanChart...

Wed, 20 August 2014

Balfour Beatty is poised to reject a third merger offer from Carillion as hopes for the creation of a £3 billion construction "powerhouse" fade. Sources said the construction group headed by Stev... [more]


Tuesday newspaper round-up: Vodafone, Rabobank, Big Four grocers...

Tue, 19 August 2014

Vodafone is the worst mobile phone network in the country, despite the £1 billion it spent to improve its performance, according to the largest survey of the nation's signal quality. The Newbury-... [more]


FX round-up: Large capital outflows weigh on dollar

Mon, 18 August 2014

On Friday currency markets focused on the geopolitical jitters in Ukraine and indications that China and Japan were continuing to whittle away at their holdings of US Treasuries, confirming a trend th... [more]

Monday newspaper round-up: Asking prices, Tesco, Sainsbury's...

Mon, 18 August 2014

House sellers' asking prices fell steeply by 2.9% month-on-month to £262,401 typically in August as the mood of the market grows calmer in London in particular, website Rightmove has reported. Th... [more]

Sunday newspaper round-up: Mark Carney, Carillion-Balfour, Tesco

Sun, 17 August 2014

The UK economy is more than halfway to full recovery, the Governor of the Bank of England (BoE) told the Sunday Times. Mark Carney, in an interview marking the first anniversary of his forward guidanc... [more]

Friday newspaper round-up: Kurdish forces, SSE, Barclays

Fri, 15 August 2014

David Cameron has said he is prepared to arm Kurdish forces in Iraq after a week of demands by Tory MPs and military figures for Britain to intervene in the conflict. Philip Hammond, the Foreign Secre... [more]

Thursday newspaper round-up: Lloyds, House prices, Bank of England

Thu, 14 August 2014

Plans for a multibillion-pound sale of shares in Lloyds Banking Group to the general public have been dropped for this year and probably until after the general election next May. George Osborne and D... [more]

Wednesday newspaper round-up: BoE, Iraq, Legal & General...

Wed, 13 August 2014

The Bank of England will publish its latest quarterly outlook for the UK economy [Wednesday], with homeowners and savers alike looking for any indication of when interest rates may begin to rise. Nove... [more]

Tuesday newspaper round-up: Iraq, Expats, Poundland

Tue, 12 August 2014

Heavily armed RAF warplanes will fly over northern Iraq as part of Britain's effort to help thousands of starving refugees trapped by Islamist militants. Up to eight Tornado fighter bombers, deployed ... [more]

Monday newspaper round-up: Iraq, Balfour-Carillion, BoE...

Mon, 11 August 2014

The United States is exploring options to evacuate thousands of Iraqi civilians trapped on a mountain in northern Iraq by Islamic militants after four nights of humanitarian relief airdrops, officials... [more]

Sunday newspaper round-up: Barclays, Carillion-Balfour, Ofgem

Sun, 10 August 2014

Rona Fairhead, the former boss of the Financial Times, and Howard Davies, the ex-chief City regulator, are the two leading candidates to chair Barclays, the Sunday Times reported. Fairhead ran the FT ... [more]

Friday newspaper round-up: Iraq, Tesco, RBS...

Fri, 08 August 2014

Barack Obama has authorised targeted air strikes against Islamic militants in Iraq, as the US military began an airborne operation to bring relief to thousands of minority Iraqis driven to a grim, mou... [more]

Thursday newspaper round-up: UK trade, Israel, Lloyds...

Thu, 07 August 2014

Britain's trade performance over the past two decades has been worse than any other country in the G7, with a shortfall of nearly £40 billion in goods exports in the past five years alone. In a n... [more]

Wednesday newspaper round-up: Fox-Time Warner, Russia, UK energy...

Wed, 06 August 2014

21st Century Fox, the entertainment conglomerate run by Rupert Murdoch, has abandoned its $80 billion bid for Time Warner, saying that to pursue a higher offer in the face of opposition would not be i... [more]

Tuesday newspaper round-up: BT, France, Autonomy

Tue, 05 August 2014

BT has been shunned by the government for a lucrative deal to upgrade the way the emergency services communicate during a major incident in a bitter disappointment for the country's oldest telecoms op... [more]

Telecity maintains guidance for full-year revenue growth

Mon, 04 August 2014

- Strong demand in European data centre market - Full year revenue guidance maintained - Interim dividend raised by 29% Data centre provider Telecity saw profits before tax grow 13.6% to reach £... [more]

Monday newspaper round-up: Banco Espírito Santo, Lloyds, Carillion...

Mon, 04 August 2014

Portugal's troubled Banco Espírito Santo has been renamed "Novo Banco" (New Bank), and split into a "good" and a "bad" bank under a €4.9-billion rescue plan drawn up by the country's centra... [more]

Sunday newspaper round-up: Carillion-Balfour, share sell-off, Lloyds Banking

Sun, 03 August 2014

Carillion plans to put Balfour Beatty in a "bear hug" to tempt Balfour's shareholders to support its attempted takeover, the Sunday Times said. Carillion last week scuppered a planned all-share merger... [more]

Sunday share tips: Diageo, Clipper Logistics, HSBC

Sun, 03 August 2014

Stay on the sidelines until Diageo chief executive Ivan Menezes has got a grip on his sprawling drinks empire, Danny Fortson advised in the Sunday Times. In his Inside the City column, Fortson said Me... [more]

Friday newspaper round-up: Argentina, Gaza, Shell...

Fri, 01 August 2014

Argentina's government was in a defiant mood on Thursday after defaulting on its debt for the second time in 13 years. Economy minister Axel Kicillof, speaking after 11th hour talks with bondholders i... [more]

Thursday newspaper round-up: Argentina, Centrica, Ukraine...

Thu, 31 July 2014

Standard & Poor's last night downgraded Argentina's foreign currency rating to selective default as efforts to agree a last-minute deal to avert the country's second default in 12 years appeared c... [more]

Wednesday newspaper round-up: Sanctions, Centrica, Microsoft...

Wed, 30 July 2014

EU governments have agreed to impose sweeping sanctions on Russia, targeting state-owned banks, imposing an arms embargo and restricting sales of sensitive technology and the export of equipment for t... [more]

Tuesday newspaper round-up: Lloyds, Tesco, Tax inversion...

Tue, 29 July 2014

Lloyds Banking Group has been accused of unlawful behaviour by the Bank of England after it emerged its traders had manipulated interest rates in order to cut fees for its emergency lifeline at the he... [more]

FTSE 100 Top Risers

Name Last Chg.% Time
Royal Mail 449.80 2.16 17:05
Hargreaves Lansdown 1,154.00 1.85 17:00
Vodafone Group 205.85 1.60 17:05
Lloyds Banking Group 76.25 1.34 17:00
London Stock Exchange Group 2,029.00 1.20 17:00

FTSE 100 Top Fallers

Name Last Chg.% Time
Fresnillo 921.50 -1.76 17:05
CRH 1,377.00 -1.57 16:54
SSE 1,497.00 -1.51 16:42
Rolls-Royce Holdings 1,022.00 -1.45 17:00
BHP Billiton 1,944.00 -1.37 17:13