Tottenham Hotspur refinance more than £600m of stadium debt to secure financial future September 20, 2019 Tottenham Hotspur have refinanced £637m of loans taken out to help build its new £1.2bn stadium. The club borrowed the lump sum from Goldman Sachs, Bank of America and HSBC to support the arena’s construction and were due to pay it back in full by April 2022. Read more: Olympiacos 2-2 Tottenham: Spurs stuck in [...]
Can you Brexit-proof your investment portfolio? September 16, 2019 The future of Brexit is unknown, but investors and traders need to be proactive if they are to avoid any sudden shocks. Here’s how you might Brexit-proof your investment portfolio. The UK hasn’t left the EU yet, but Brexit is already wielding its influence over the financial markets. For the past three years, investors and traders [...]
Housebuilder stocks facing a Brexit wrecking ball? September 16, 2019 The construction sector seems to be freezing ahead of a potential Brexit. Are investors right to be fleeing housebuilder stocks? The housing sector has been affected throughout the Brexit process, with demand, supply, prices and overall transactions shaken up in the wake of the 2016 referendum. It has not been a straight path for the [...]
Heathrow climate change protest arrests rises to 18 September 14, 2019 The number of people arrested by police during a climate change protest at Heathrow Airport has risen to 18. Activists threatened to fly drones in Heathrow’s exclusion zone as part of the Heathrow Pause campaign. Read more: Heathrow Airport remains open as signal jamming blocks devices The police have arrested 18 people on suspicion of [...]
The great British sell-off: Three ways for investors to profit September 13, 2019 As the final act of the Brexit saga approaches, investors are still locked in a state of perpetual uncertainty. We can’t know what will unfold, but what business is continually telling the government is how difficult it is to plan in the current environment. Brexit is the moment when we will receive some clarity, for [...]
The ‘Boris Bridge’? PM puts price tag on ‘very good’ idea September 12, 2019 Boris Johnson has told a group of schoolchildren about his “very good” idea for a bridge between Northern Ireland and Scotland. Speaking to children during his visit to the ship NLV Pharos on the Thames, the Prime Minister said he had recently discussed the possibility of constructing a bridge over the Irish Sea. He said: [...]
Galliford Try sees profits sink amid Bovis Homes sale talks September 11, 2019 Galliford Try suffered a 27 per cent slump in profits in its latest financial year, it revealed today, a day after it restarted talks to sell its housebuilding arm to Bovis Homes for £1.1bn. Read more: Galliford Try’s share price rockets as it targets £1.1bn Bovis Homes sale The figures Pre-tax profits crashed 27 per [...]
Is your star employee all they’re cracked up to be? September 6, 2019 YOUR star employee brings in the money, keeps the customers smiling, and boosts your online reviews. On the surface, they are driving your business forward single-handedly. You can’t imagine things without them. They’re indispensable, and the thought of them leaving brings you out in a cold sweat – the firm would never survive. But is [...]
British Airways strikes: Pilots could call off action if BA considers pay offer September 5, 2019 British Airline pilots who are threatening to strike next week have said the industrial action could be averted if the airline considers a new pay offer it has put forward. Pilots who are members of the British Airline Pilots’ Association (Balpa) are due to strike on 9, 10 and 27 September but have said they [...]
UK economy close to recession after stagnant service sector data September 4, 2019 Growth in the services industry lost momentum in August, indicating an overall contraction in the economy across all sectors and a drop in GDP, leaving the UK one step away from a recession. The service sector’s purchasing managers’ index (PMI) dropped to 50.6 in August, down from 51.4 in July. Any figure under 50 indicates [...]