Chris Tremlett: I’m not sure we’ve seen the last of Kevin Pietersen in England colours May 13, 2015 It was one of the best knocks I have ever seen and I was lucky enough to be down the other end for some of it. I am, of course, talking about Kevin Pietersen’s career-best innings of 355 not out against Leicestershire at the Kia Oval. Batting at No10, I joined him when he [...]
Losses double at tech firm WANdisco after year of rapid growth March 17, 2015 SHARES in tech firm WANdisco crashed yesterday, closing down 12.39 per cent after preliminary results revealed an almost doubling of losses last year to $39m (£26m) from $20m the year before. The firm’s pre-tax profit was hit despite the company recording a 40 per cent increase in revenue, from $8m to $11.2m in the year [...]
Oxford Instruments warns over weak Russia and Japan trading January 22, 2015 OXFORD Instruments issued a profit warning yesterday, citing weak trading in Russia and Japan. The company, which makes maintenance systems and parts for CT and MRI scanners, warned of a nearly 26 per cent fall in full-year profit. It added that it expects revenue for the second half to be below market expectations. Shares in [...]
Christmas sugar rush boosts Thorntons’ high street sales January 19, 2015 HIGH street sales at chocolate retailer Thorntons surged over the Christmas period as consumers tucked into its advent calendars and Snowman-themed treats. The company said like-for-like retail sales rose by five per cent in the 14 weeks to 10 January and by 7.8 per cent in December – a turnaround from the 3.7 per cent [...]
Investec’s David Currie leaves to start up Mayfair-based venture May 15, 2014 DAVID Currie, who has headed Investec’s UK investment banking division for more than 10 years, is leaving to establish a new venture called Codex Capital Partners. Codex, which will be based in Mayfair, has been set up to enable ultra-high net worth individuals and family offices to make direct investments. Joining David are two partners, [...]
Analyst Views: How did Dixons Carphone do well over Black Friday and Christmas? January 21, 2015 ALISTAIR DAVIES | INVESTEC Careful planning and tactical promotions have enabled Dixons Carphone to deliver a strong Christmas trading performance, with the business taking profitable market share through Black Friday….We continue to see scope for upgrades at Dixons Carphone through market outperformance and synergy benefits. DAVID JEARY | CANACCORD GENUITY The strength of trading performance [...]
O’Brien set to saddle four in Investec Derby as he bids for historic hat-trick May 29, 2014 PATRICK CALLAGHAN REPORTS FROM YESTERDAY’S ‘BREAKFAST WITH THE STARS’ EVENT AT EPSOM NEVER in the 234 years since the Investec Derby was first run on the Epsom Downs has a trainer won the race for three straight years. But Aidan O’Brien looks set to run four horses from his powerful Ballydoyle stable as he bids [...]
Francis Maude brings Investec boss and angel investor onto Big Lottery Fund board May 28, 2014 Cabinet Officer minister Francis Maude has appointed three new board members to the Big Lottery Fund, the body that distributes money raised by the National Lottery. Managing director of Investec Asset Management, Elizabeth Passey, Perdita Fraser, an angel investor and partner at consultancy firm SJ Fraser & Co, and David Isaac CBE, a partner at [...]
Cricket Comment: Colin Graves’ concerns – why four-day Tests are not best way forward April 1, 2015 From what I have seen, incoming England and Wales Cricket Board chairman Colin Graves has the appetite to implement change that will improve the structure of cricket in this country. He is due to start work next month and will arrive with a fresh mind and, hopefully, will be armed with certain long-term ideas that [...]
What pension reform means for small firms April 6, 2015 Yesterday, the most important reforms to UK savings policy in a generation came into force. Anyone aged 55 or over is now free to use their pension pot as they wish. They no longer have to buy an annuity, and can even take out some or all of it in cash. Whereas previously only those [...]