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gartmore

Gartmore’s £1bn float to kick start surge in IPO

Fund management giant Gartmore is to list on the Stock Exchange, firing the starting gun on what is expected to be several major flotations in London in the next 12 months  Comments 
Graham Beale

Nationwide’s alert on rally after 64% fall

Nationwide building society today forecast a “slow” economic recovery and warned the recent rally in house prices could run out of steam  Comments 

Apple Store

Apple changes Regent Street to its core

Arrival of Apple Store exactly half a decade ago has transformed Regent Street into one of Europe’s leading retail shopping destinations  Comments 

Gold

Royal Mint production surges as investors clamour for gold

Soaring demand for gold from savers desperate to take advantage of the record bullion price, forced the Royal Mint to more than quadruple production of gold coins in the third quarter of the year  Comments 

Lewis Hamilton

McLaren races back into the black thanks to Hamilton F1 win

Lewis Hamilton’s Formula One world championship victory last year drove his McLaren team from the red to a £14 million pre-tax profit according to its accounts to 31 December 2008  Comments 


Ferrero 'hungers for £5bn Cadbury chewing gum unit'

Italian chocolate maker Ferrero could be interested in Cadbury's gum and candy division, a unit worth about £5 billion, in a possible joint takeover bid  Comments 

London street

Stamp duty break helped just 6,000 London buyers

Only 6,000 Londoners have benefited from the stamp duty holiday in its first year, figures reveal  Comments 

Fullers warns of pain from rising prices next year

Fuller, Smith & Turner is warning that Britons face a nasty hangover next year once the effects of the Government’s debt binge kick in  Comments 

Carmakers put a brake on the decline in output

Vehicole factories are knocking out cars at a much slower rate than a year ago, but the decline is slowing  Comments 

Boots

Alliance Boots is aiming for global growth

Alliance Boots executive chairman Stefano Pessina today outlined plans to expand the Boots brand around the world  Comments 

ECB: banks risk being hooked on bailouts

The head of the European Central Bank today warned that banks run the risk of becoming addicted to the cheap funding it has supplied to save the system from collapse  Comments 

Fund guru warns China is at risk in asset bubbles worry

Little more than a year after the collapse of Lehman Brothers smashed overblown share prices and sky-high property values, new bubbles are inflating around the world, just waiting to burst  Comments 

Goldman told to slash bonuses

Some of Goldman Sachs’ biggest shareholders have told the investment bank to slash the size of its record bonus pot and pass on a bigger chunk of its earnings to investors  Comments 

Fund guru warns China is at risk in asset bubbles worry

Little more than a year after the collapse of Lehman Brothers smashed overblown share prices and sky-high property values, new bubbles are inflating around the world, just waiting to burst  Comments 

Staffline makes a good job of it

Blue-collar recruitment firm Staffline proved the outlook for the staffing industry is not entirely gloomy, announcing it expects to beat earnings forecasts for the year  Comments 


Are Gartmore and Jon Moulton right to float now?

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Can Morrisons sustain its momentum without Marc Bolland?

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Market Roundup
FRIDAY UPDATE

Morgan Stanley casts cloud over Thomas Cook and Tui

Shares of the UK’s two biggest package holiday operators were among the heaviest blue-chip fallers today after one broker decided that their outlook was far from sunny

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City Spy, cityspy@standard.co.uk

Mayday! Who will leave BA board?

“The board of British Airways, with fees of £50,000 a year for a part-time director attending seven meetings and all those unlimited first class flights for them and the family, has been one of the most eye-catching City gravy trains. But that train is about to get a lot shorter

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