Whitbread share price tumbles on Barclays downgrade September 30, 2019 Whitbread suffered a fall in its share price this morning after Barclays downgraded the UK’s biggest hospitality company. The Premier Inn owner’s share price has tumbled five per cent during trading today after its rating was cut by Barclays, which moved its recommendation from ‘Overweight’ to ‘Equal Weight’. Read more: Markets mixed on US-China trade [...]
Mark Kleinman: This licence to print money may soon run out of road April 6, 2023 How’s that licence to print money going? Not so well if you’re a long-standing investor in De La Rue, the authentication and currency specialist which has managed to squander a market-leading position and hundreds of millions of pounds in shareholder value. Oberthur Technologies, its French-based peer, tabled an indicative offer in 2010 worth 905p-a-share, or [...]
Sports TV: What’s on, what time is it on, where to watch? January 20, 2023 European rugby groups conclude this week as the sports schedule begins to look towards February. There’s free-to-air football on the television while the Australian Open continues. Here’s what you need to add to your sporting calendar this weekend. Rugby: Harlequins v Sharks, Saturday This weekend sees the final round of the group stages of rugby [...]
Brewin Dolphin shares fly following £1.6bn RBC Wealth Management bid March 31, 2022 The Royal Bank of Canada’s (RBC) wealth management business has offered to buy British investment management heavyweight Brewin Dolphin for £1.6bn. London-headquartered Brewin will receive 515p per share, which includes an over 60 per cent premium on yesterday’s closing price of 318p. The bid values Brewin at 2.8 per cent of its £55bn assets under [...]
Digital M&A activity raised record $87bn in 2021, says Ciesco January 17, 2022 Deal making activity in the technology, digital, media and marketing sectors jumped 56 per cent to $87bn in 2021 according to new data.
Post-Brexit reforms: Hunt aims to ‘turbocharge’ economy with biggest banking shake-up in 30 years December 9, 2022 Chancellor Jeremy Hunt has unveiled plans to “turbocharge growth” with the biggest shake-up in banking reforms for three decades. His so-called Edinburgh reforms announced this morning seek to “seize the benefits of Brexit” by cutting EU red tape for the financial sector. The new measures build on the government’s Mansion House 2021 package, with a [...]
Mark Kleinman: My bold predictions for 2023 in the City – from Natwest to Spurs January 11, 2023 After the political and economic events of 2022, the idea of being able to predict anything with confidence seems even more outlandish than usual. Nevertheless, with the UK economy precariously balanced less than two years before a general election, these seem – in early January – to be sensible bets for UK plc in 2023. [...]
British stocks primed to reverse years of underperformance January 31, 2022 UK stocks are primed to turnaround years of underperformance and embark on a “winning streak,” according to analysis by a top City consultancy. London markets are ready to capitalise on the world’s top central banks launching a rate hike spree this year to get on top of inflation, according to Pantheon Macroeconomics. The FTSE 100 [...]
England commercial eviction ban extended until March 2022 June 16, 2021 The government has extended the commercial eviction ban until March 2022 in the wake of Monday’s decision to push back so-called freedom day to 19 July. The news, delivered in the House of Commons today by chief secretary of the Treasury Steve Barclay, will offer business some breathing space in light of Covid restrictions continuing [...]
They’re the real Ted Lasso – but there’s more to Hampton and Richmond Borough’s story April 23, 2024 Can the Beavers be the test case for an innovative VCFC concept?