Markets
London - The FTSE 100 is currently 24.4 points higher at 3,899.39 this morning having fallen almost 50 points at the open. Miners top the risers board with Xstrata up 9.5%, Antofagasta gaining 8.8% and Kazakhmys climbing 7.2%. TUI Travel tops the fallers board, losing 2.8%.

Posted: November 21st, 2008 under Asset Management.
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Markets
London - The FTSE 100 is 81.61 points lower at 3,924.07 this morning, following world markets. Aviva tops the fallers board, down 10.8%, with Schroder filling the second spot, down 8.9%. Just eight stocks manage gains, including Royal Bank of Scotland, up 2.8% and National Grid, 0.6% higher.

Posted: November 20th, 2008 under Asset Management.
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The government has announced today proposals which will increase costs for the leisure industry, despite the difficult economic climate which pubs, clubs and restaurants are facing.  In its sights are the current rules relating to tips.
Since the introduction of the National Minimum Wage Regulations almost 10 years ago, employers have been able to make their [...]

Posted: November 19th, 2008 under Employment/HR.
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The prohibition on the giving of financial assistance by private companies was (other than in limited circumstances) repealed with effect from 1 October 2008 under the Companies Act 2006. The repeal resulted in there no longer being a requirement for private companies to follow the statutory “whitewash” procedure where financial assistance for the acquisition [...]

Posted: November 19th, 2008 under Corporate Finance.
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Markets
London - The FTSE 100 is 71.48 points lower at 4,137.07 this morning. Wolseley loses 5.3% after announcing 2,300 job losses and the closure of 200 locations across Britain. Barclays loses 4.7% after JPMorgan cut its price target on the stock. Experian tops the risers board, jumping 10.5%, following its interim results.

Posted: November 19th, 2008 under Asset Management.
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