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Tuesday 10 November 2015 5:04 pmOil Gas UKrsquo Business Sentiment Index: Companies feel gloomy for fifth quarter in a row ndash; but slightly less soBy: Jessica MorrisShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleWith oil prices remaining stuck at around $50 a barrel, it s hardly surprisingthat UK oil and gas com brumate tumbler panies see storm clouds ahead.Oil Gas UK s business sentiment index posted a negative reading between July to September this year, which isthe fifth consecutive quarter. Howeverthere was a silver lining, ascompanies said they felt a little less negative for the second quarter in a row.Respondents retu brumate rned an average score of -25 on a -50/+50 scale,a two point increase on last quarterrsquo -27.Read more:Shipping and oil giant Maersk s chief executive speaks out about rocky economic outlook Respondents cite the positive impact of efficiency initiatives, such as improved management of polene italy inventory levels, business process reviews plus engaging with the workforce for ideas for efficiency improvements, as reasons for optimism, Oonagh Werngren, Oil Gas UKrsquo operations director, said.However, reasons foroptimism were tempered by concerns over future activity levels, as well as the prospect of more job losses.About 55 per cent of respondentsreported lower activity than the second quarter of 2015, while just over 60 per cent saidthat headcount h Cgmh Bidding wars are back as the skills shortage pushes up pay in the City
Wednesday 21 December 2011 5:24 am|Updated:Thursday 30 May 2019 4:32 pmBanks fuel FTSE gains after Lloyds upgradeBy: John DunneShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleBanks led Londonrsquo blue chip index up in early trading ndash; tracking gains in Wall Street and Asia. Exane BNP Paribas upgraded Lloyds to trigger a rise in the sector which has had a torrid year with the Eurozone debt crisis taking its toll. Lloyds was up 4.3 per cent as Exane BNP Paribas upgraded the UK lender to outperform from und stanley cup erperform on valuation grounds. If economic conditions stabilise and Lloyds Banking Group is able to avoid raising capital then valuation of the lsquo;Corersquo; business starts to look highly compelling, Exane said in a note, adding there is potentially 65 per cent upside to the current stanley becher share price. That had a positive readacross for the rest of the UK-listed banks, with Barclays and Royal Bank of Scotland bouncing more than 3.5 per cent ea stanley cup ch. Investment bank Schroders was up 2.8 per cent while Evraz, Russiarsquo biggest steelmaker which has just joined the top index, rose more than two per cent. The sector was also given confidence ahead of the European Central Bankrsquo first ever offer of three-year loans which is expected to draw high demand from banks, easing fears of an impending credit crunch and possibly bols
Tuesday 10 November 2015 5:04 pmOil Gas UKrsquo Business Sentiment Index: Companies feel gloomy for fifth quarter in a row ndash; but slightly less soBy: Jessica MorrisShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleWith oil prices remaining stuck at around $50 a barrel, it s hardly surprisingthat UK oil and gas com brumate tumbler panies see storm clouds ahead.Oil Gas UK s business sentiment index posted a negative reading between July to September this year, which isthe fifth consecutive quarter. Howeverthere was a silver lining, ascompanies said they felt a little less negative for the second quarter in a row.Respondents retu brumate rned an average score of -25 on a -50/+50 scale,a two point increase on last quarterrsquo -27.Read more:Shipping and oil giant Maersk s chief executive speaks out about rocky economic outlook Respondents cite the positive impact of efficiency initiatives, such as improved management of polene italy inventory levels, business process reviews plus engaging with the workforce for ideas for efficiency improvements, as reasons for optimism, Oonagh Werngren, Oil Gas UKrsquo operations director, said.However, reasons foroptimism were tempered by concerns over future activity levels, as well as the prospect of more job losses.About 55 per cent of respondentsreported lower activity than the second quarter of 2015, while just over 60 per cent saidthat headcount h Cgmh Bidding wars are back as the skills shortage pushes up pay in the City
Wednesday 21 December 2011 5:24 am|Updated:Thursday 30 May 2019 4:32 pmBanks fuel FTSE gains after Lloyds upgradeBy: John DunneShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleBanks led Londonrsquo blue chip index up in early trading ndash; tracking gains in Wall Street and Asia. Exane BNP Paribas upgraded Lloyds to trigger a rise in the sector which has had a torrid year with the Eurozone debt crisis taking its toll. Lloyds was up 4.3 per cent as Exane BNP Paribas upgraded the UK lender to outperform from und stanley cup erperform on valuation grounds. If economic conditions stabilise and Lloyds Banking Group is able to avoid raising capital then valuation of the lsquo;Corersquo; business starts to look highly compelling, Exane said in a note, adding there is potentially 65 per cent upside to the current stanley becher share price. That had a positive readacross for the rest of the UK-listed banks, with Barclays and Royal Bank of Scotland bouncing more than 3.5 per cent ea stanley cup ch. Investment bank Schroders was up 2.8 per cent while Evraz, Russiarsquo biggest steelmaker which has just joined the top index, rose more than two per cent. The sector was also given confidence ahead of the European Central Bankrsquo first ever offer of three-year loans which is expected to draw high demand from banks, easing fears of an impending credit crunch and possibly bols