James Moore: It's blockbuster season for floats and sell-offs
Outlook There is, of course, one part of the economy where things surely are looking up. And, yes, it's the City again.
Floats and deals keep its wheels turning and the market for new share issues, at least, is looking buoyant again.
Obviously there are a lot of banking assets due to come on to the market, with the state selling (Lloyds, perhaps RBS), the state supported banks selling (TSB, Williams & Glyn's) and others thinking about dusting off their plans.
Then there's the Royal Mail, Foxtons and Merlin Entertainment. The London Stock Exchange's cup runneth over, and what's more there doesn't appear to be a Bumi or an ENRC among them to besmirch London's reputation.
Happy days then? Up to a point. It's true that fund managers are potentially going to get quite a bit of cash to invest through Vodafone's sale of Verizon Wireless.
But even with that, there's still a danger, with all those assets speeding towards the market, of Hollywood block-buster syndrome: when all the studios release their summer specials at more or less the same time, some will inevitably flop.
- 1 Replica Back to the Future Hoverboard released
- 2 Katie Hopkins attacked me on Twitter — so I reported her to the police for inciting racial hatred
- 3 Brixton squat flats now costing up to £3k per month show how out of control rent is in London
- 4 Gamers confess the worst things they've done in The Sims
Costa Concordia: Shipment of Mob drugs was hidden aboard cruise liner when it hit rocks off Italian coast, investigators say
Brixton squat flats now costing up to £3k per month show how out of control rent is in London
Iran nuclear talks: Prospect of deal with Iran pushes Saudi Arabia and Israel into an unlikely alliance
A new (old) cure for MRSA? Revolting recipe from the Dark Ages may be key to defeat infection
Jeremy Clarkson 'could be given minder' ahead of a potential Top Gear return
Ukip supporters are 55 or older, white and socially conservative, finds British Social Attitudes Report
Street preacher quoting from the Bible fined for calling homosexuality an 'abomination'
Jeremy Clarkson sacked live: Alan Yentob 'wouldn't rule out' ex Top Gear host's BBC return
Woman filmed launching racist tirade against men on the Tube for speaking in 'own lingo'
The West has it totally wrong on Lee Kuan Yew
David Cameron calls Labour 'hopeless, sneering socialists' while announcing 7-day NHS plans
iJobs Money & Business
£50,000 - £55,000: Neil Pavier: Are you a professionally qualified commercial ...
£45,000 - £55,000: Loren Hughes: Are you looking for a new opportunity that wi...
Circa £45,000-£50,000 + benefits: Sheridan Maine: Are you a newly qualified ac...
£150 - £190 Daily Rate: Sheridan Maine: One of London's leading water supplier...