Former Lib Dem minister Michael Moore takes top job at British Private Equity and Venture Capital Association March 26, 2019 Former Liberal Democrat MP and front bench minister Michael Moore has been appointed as the director general of the British Private Equity and Venture Capital Association. Moore, who is currently a senior advisor at PwC, will succeed Tim Hames at the industry organisation later this year. Read more: Sir Vince Cable to step down as [...]
Bad weather could reduce UK GDP growth – but effects should only be temporary says PwC April 16, 2018 While the UK is currently enjoying the start of a hotter spell, upcoming economic data will still be feeling the effects of the recent cold snap, according to the latest forecasts. GDP growth could fall as low as 0.2 per cent for the first quarter, down from 0.4 per cent at the end of last [...]
Mothercare sinks into deeper loss as sales slip December 10, 2019 Retailer Mothercare fell further into the red in the first half of the year, with its loss before tax rising to £21.2m in the six months to the end of October. The baby wear retailer also saw net debt rise to £24.5m in the period, representing a 14.4 per cent increase year on year. Read [...]
George Ford has given Eddie Jones a dilemma with his excellent World Cup warm-up September 12, 2019 I wasn’t convinced to start with but it seems Eddie Jones has been pretty crafty by selecting his 31-man squad as early as he did. It has given those going to the World Cup an extra four weeks to prepare for the tournament, rather than wasting emotional energy on fighting to make it. There are [...]
FCA to investigate Wasps rugby club over financial statements April 12, 2019 Wasps Rugby Club is reportedly under investigation by the Financial Conduct Authority (FCA) over whether it misled the market about its financial position. Read more: City watchdog strengthens post-Brexit ties with Australian regulator The UK's financial regulator is looking into the Premiership side's financial results from 2017 after it was revealed that the club had [...]
London house prices suffer worst plunge in 10 years July 17, 2019 London house prices suffered a staggering 4.4 per cent annual drop in May, their worst annual drop since the financial crisis, public data revealed today. While UK house prices rose 1.2 per cent compared to May 2018, London house prices sank, the Office for National Statistics (ONS) revealed. Read more: UK house prices slip for [...]
Ollie Phillips: England’s World Cup hopefuls face baptism of fire in Cardiff against Wales August 15, 2019 Eddie Jones is keen to have a good look at new recruits in the warm-ups ahead of the World Cup, and after missing out last weekend through injury, what a baptism of fire it will be for Ruaridh McConnochie in Cardiff on Saturday. Barring glaring omissions in Danny Cipriani and Alex Goode, Jones has committed [...]
City Moves for 22 July – Who’s switching jobs at Kin + Carta, Liontrust and Public Sector Plc? July 22, 2019 Today’s City Moves includes Kin + Carta, Liontrust and Public Sector Plc. Kin + Carta Kin + Carta, the international digital transformation business, has announced that following a global recruitment process, it has appointed John Kerr as non-executive chairman designate. John will become chairman at the company’s annual general meeting in November, succeeding Richard Stillwell, [...]
Sports Direct left looking like giant mugs as auditor Grant Thornton quits August 14, 2019 Sports Direct shares have tumbled to their lowest level since 2011 after it emerged that Mike Ashley’s retail empire could be left without an auditor, breaching stock market rules. The company is understood to have sought government advice over what would happen if it is unable to find an auditor after its current auditor Grant [...]
Grant Thornton quits as Sports Direct auditor August 14, 2019 Sports Direct faces being left without an auditor after Grant Thornton told the retailer it would not apply for reappointment. The decision threatens to leave Sports Direct high and dry as all of the Big Four firms have indicated they are reluctant to take on the role. The Financial Times reported that Sports Direct has [...]