It’s the energy price stupid July 12, 2024 It’s not just the Conservatives, governments across the Western the world are being punished for failing to manage expectations in the face of an energy price shock, writes Paul Ormerod The scale of the Conservative defeat in the election has been amply documented. But what has been mentioned much less is the fact that they [...]
Co-op to open new stores in deal with departing billionaire Asda Issa brother July 9, 2024 The Co-op is to open new stores in petrol stations across the country after signing a deal with one half of the billionaire Issa brothers.
Go-Ahead’s bidder weighs options following group’s optimistic outlook July 11, 2022 Australian tour operator Kelsian said it was still weighing its options over the possible takeover of Go-Ahead as the transport powerhouse remained optimistic following a surge in passengers. Kelsian, which has until 1 August to make a firm offer, is going up against the £647.7m offer made by an Australian-Spanish consortium. The consortium – made [...]
War, what is it good for: BAE Systems announces bumper dividend August 2, 2023 BAE reported profits of £1.23bn this morning and upped its dividend by 11 per cent year-on-year, as it continued to cash in on increased UK defence spending and soaring demand amid the war in Ukraine. Britain’s premier defence contractor saw an order intake of £21.1bn in the first half of 2023, resulting in a record [...]
Jagjit Chadha: Why investment is necessary to stop the economy from ‘withering’ July 4, 2024 Report after report has found that the UK invests too little as a share of national income, often lagging behind other rich economies.
The gap between the football brand behemoths and the rest is likely to grow February 23, 2023 The bidders for football club Manchester United are now in a virtual data room, filling their spreadsheets and compiling their questions. The job of the Glazer family’s investment banking advisors, Raine Group, is now to find ways to squeeze every possible dollar out of this football asset. One trick of the bankers’ trade is to [...]
Keir Starmer could be more like Harold Wilson than Tony Blair June 26, 2024 Comparisons with 1997 start and finish with the polls. Unlike Blair, Starmer will inherit an economy in desperate need of a sharp turnaround, says Paul Ormerod Labour’s massive lead in the opinion polls is generating many parallels with the 1997 election. Will Keir Starmer end up with a bigger majority than Tony Blair or not? [...]
Northern Triangle tech start ups should be prime targets for Square Mile investors July 31, 2023 British firms are having to turn to global sources of funding, when there’s capital here in the City we could direct towards homegrown start ups, writes Nicholas Lyons. THE recent report by the Treasury Select Committee on the UK’s Venture Capital industry should ring alarm bells for the City. The Committee found that for many [...]
Trevor Steven: Eddie Howe and Newcastle can gatecrash the Premier League’s top six August 22, 2022 Pep Guardiola’s reaction to his Manchester City team dropping points on Sunday spoke volumes about the great strides Newcastle United have made. Far from being upset or concerned by the end of his team’s 100 per cent start to their Premier League title defence, Guardiola instead could only praise the Magpies. The City boss might [...]
Saudi Arabia set to strengthen Fifa ties with deal to sponsor Women’s World Cup January 31, 2023 Saudi Arabia is set to make further inroads into sport by becoming a sponsor of the 2023 Fifa Women’s World Cup. Visit Saudi, the country’s state-owned tourism arm, is expected to become one of the main commercial partners of the tournament, which takes place in Australian and New Zealand in July and August. Saudi Arabia [...]