Markets
London - Strong gains by insurers and some unexpected good news from the American economy helped the FTSE 100 Index gain more than 100 points yesterday. The blue-chip index closed at 5420.7 - a rise of 1.9% or 101.5 points

Posted: July 31st, 2008 under Asset Management.
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Markets
London - UK stocks ended higher on Tuesday as merger activity boosted British Airways while banks and oil stocks both weighed. The FTSE100 closed 6.6 points higher at 5319.2 after falling to 5261.4 earlier in the session.

Posted: July 30th, 2008 under Asset Management.
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Markets
London - Airline stocks were under pressure in London yesterday after warnings of losses from budget carrier Ryanair. The Dublin-based company’s 85% fall in first-quarter profits weighed down rivals Easyjet and British Airways, while higher crude oil prices added to concerns over fuel bills. A poor opening on Wall Street after disappointing corporate news added to the downward momentum as the FTSE 100 Index closed 40 points lower at 5312.6.

Posted: July 29th, 2008 under Asset Management.
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Some of our readers may be aware that Her Majesty’s Revenue & Customs (”HMRC”) has recently been the subject of an external review by Kieran Poynter, senior partner of PriceWaterhouseCoopers, one of the UK’s leading accountancy firms. This was as a result of the fiasco surrounding HMRC’s loss of several data discs in October 2007 [...]

Posted: July 28th, 2008 under Corporate Finance.
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Markets
London - UK stocks closed lower on Thursday as oils and miners tracked softer commodity prices and, along with falling banks, outweighed gains in British Energy and Kingfisher. The FTSE100 closed 87.6 points lower at 5362.3.

Posted: July 25th, 2008 under Asset Management.
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