Henk Potts
Henk Potts
again held hostage human management needs resources time work
Time and time again BA is being held hostage by unions. BA needs desperately to work on its human resources and management between unions.
cannot excited government increase market needs share uk
We're excited about banks. This is very much a consolidation story. The government has told Lloyds TSB it cannot increase market share in the UK through consolidation. It now needs to look to Europe.
cannot excited government increase market needs share uk
We're excited about banks, ... This is very much a consolidation story. The government has told Lloyds TSB it cannot increase market share in the UK through consolidation. It now needs to look to Europe.
certainly flexible law longer opportunity provides
It is certainly an opportunity for them to make more money. Longer term, the new law provides a more flexible environment.
gateway good profit provides standard vulnerable
Standard and Chartered could be vulnerable to a takeover. Two thirds of its profit is in Asia, and it provides a good gateway into fast-growing economies.
standard vulnerable
Standard and Chartered could be vulnerable to a takeover.
agreement america announce believe buyers cut economy expected help shell strong
OPEC is expected to announce it will not cut production. We believe they have an agreement with America that it will help the U.S. economy to recover. We are buyers of Shell and BP. They have strong visibility.
announce cut expected
OPEC is expected to announce it will not cut production,
business costs cut difficult economic looking turn ways
It's going to be a difficult time. He (Levy) will be looking to cut costs and... the quickest ways to do that is to cut jobs... but he has got a big business to try and turn around in a very difficult economic environment.
activity believe bounce corporate dose global good healthy markets merger outlook positive profits quite strong uk
It's good to see the markets bounce back, we've got quite a positive outlook for the UK market. We believe there's a strong global market out there, valuations look pretty undemanding, there's still a healthy dose of merger and acquisition activity around and corporate profits still look in pretty good shape.
move next
The next move now I think is to the upside.
airline british cautious cutting fall good leisure percent progress represents room route
We are still very cautious on leisure and airline stocks. For British Airways the transatlantic route represents about 40 percent of revenue, they still have more room to fall but Lufthansa has made good progress in cutting costs.
house likely
The punter has been outperforming, but there was only so long that was likely to last. At the end of the day, the house always wins.
companies european good line news reducing
They are reducing capacity, so that could be good news for some European companies and pretty much in line with our models.