Admiral’s profit slows but is still sweet enough March 5, 2015 ADMIRAL Group yesterday described its 2014 results, in which pre-tax profit fell year-on-year by four per cent to reach £357m, as a “Baked Alaska” with contrasting positive and negative elements. Earnings per share fell by two per cent to reach 103p, while group revenues amounted to £1.97bn, a drop of three per cent from 2013. [...]
Flood Re: What you need to know about the reinsurance scheme that launched today April 4, 2016 It's something of a catch 22 – those who are most in need of a good home insurance policy are often those least able to afford it, thanks to insurers needing to raise premiums to adequately reflect the risk they expose themselves to, or simply refusing to cover some areas at all. That's precisely why government-backed [...]
Tottenham face fight to keep Mauricio Pochettino and won’t win Premier League, says Sir Alex Ferguson March 31, 2016 Former Manchester United manager Sir Alex Ferguson has warned Tottenham they face a fight to hold onto boss Mauricio Pochettino following his quiet transformation of the club. Ferguson expects Spurs’ most concerted top-flight title challenge for half a century to end in failure, with current leaders Leicester his tip to complete a watershed Premier League [...]
Pep Guardiola confirms Premier League move in summer 2016 as Manchester City, Manchester United and Chelsea wait January 5, 2016 Bayern Munich manager Pep Guardiola has confirmed he will move to the Premier League this summer but insists he has not yet decided which of several English clubs to join. Manchester City are the hot favourites to hire the Spaniard, whose wide-ranging and sustained success at Bayern and Barcelona has made him the world’s most [...]
How to turn a profit from working for free April 13, 2016 Earlier in my career, I read somewhere that the best way to market your business is to do some free work. This advice has served me well ever since, as offering free work to potential clients has proved to be the fastest and most effective way of convincing them to hire me. Except when free [...]
Beware fintech’s pivot to China April 12, 2016 Ever since former Barclays chief executive Antony Jenkins declared an ”Uber moment” for banks, the powers that be from the Square Mile to Canary Wharf have rushed to defend themselves against a herd of ambitious fintech unicorns. But if recent collaborations between financial titans and spritely startups are anything to go by, it appears the [...]
Arsenal v Barcelona: Arsene Wenger admits Lionel Messi, Neymar and Luis Suarez-inspired Catalan giants are almost perfect but insists the Gunners can cause a Champions League upset February 22, 2016 Arsenal manager Arsene Wenger admits his team must rediscover their ruthless streak if they are to pull off a Champions League upset on Tuesday against a Barcelona team he rates as “not far from perfect”. Barca, propelled by the free-scoring triumvirate of Lionel Messi, Neymar and Luis Suarez, are strongly fancied to condemn the Gunners [...]
Further delays to EDF’s Hinkley Point C nuclear power station is a symptom of bad policy February 17, 2016 Well, it is getting on for the end of meteorological winter and we seem to have made it through, or near as damn it, without any major supply-related blackouts. That is despite warnings (again) last summer that the UK was heading for a winter in which we could be plunged into medieval-style darkness at any [...]
Greene King boss Rooney Anand joins Morrisons’ board December 14, 2015 The chief executive of Greene King, Rooney Anand, has been appointed as non-executive director and senior independent director of the supermarket Morrisons. Anand, whose career includes stints at United Biscuits and Sara Lee, before joining Greene King as managing director in 2001, will join the board from 1 January. His appointment is one of several key hires [...]
Is this the best resignation ever? Billabong boss Ed Leasure steps down so he can “surf more” January 7, 2016 Leasure by name, leisure by nature: Billabong boss Ed Leasure has handed in his notice, the Australia-listed company announced today – because he wants to "surf more". "After getting into the business to surf more, I'm now stepping back from the business to surf more," Leasure – president of the Americas at the company – said in a statement [...]