Those of you who have attended our recent seminars will be aware that in its recent emergency budget, our new Government announced its plans to remove the default retirement age of 65.
 
Today, the Department for Business, Innovation and Skills has announced its plans, which are now subject to a consultation process which will run until [...]

Posted: July 29th, 2010 under Employment/HR.
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Markets
London - UK stocks fell on Wednesday, dragged lower by energy stocks after BG Group reported its quarterly results, and weak US data knocked sentiment. The FTSE100 closed 45.99 points lower at 5319.68. Oil stocks were the worst performers, with BG Group down 2.2 percent after its second quarter numbers failing to excite. BP fell 0.9 percent as the company prepared to sell assets to cover the $30bn costs of its Gulf of Mexico oil spill. Tullow Oil however, bucked the trend; rising 0.9 percent after revealing its Ngiri-2 appraisal well found over 40 metres of net oil bearing reservoir in two zones.

Posted: July 29th, 2010 under Asset Management.
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Markets
London - UK stocks finished at a 10 week closing high today, as a buoyant banking sector boosted by strong results from UBS countered weak US consumer confidence data. The FTSE100 closed 14.55 points higher at 5365.67, its highest closing level since May 13, having retreated from an intra-day peak of 5411.45.

Posted: July 28th, 2010 under Asset Management.
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Markets
London - The FTSE100 closed at its highest level in 10 weeks on Monday, led by banks after European stress tests passed without major incident, and as strong economic data from the US boosted investor confidence. The FTSE100 closed 38.50 points higher at 5351.12, its highest closing level since May 13.

Posted: July 27th, 2010 under Asset Management.
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Markets
London - UK stocks closed flat on Friday, as nerves about the keenly awaited stress tests on European banks weighed on the sector, offsetting gains from Vodafone after solid first quarter results. The FTSE100 closed 1.19 points lower at 5312.62. Banks took the most points of the index, as investors awaited the outcome of an examination by regulators of the financial strength of banks across Europe. HSBC fell 1.3 percent and Barclays lost 0.5 percent. RBS bucked the trend closing 1.4 percent higher.

Posted: July 26th, 2010 under Asset Management.
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