FTSE 100 opens higher despite weak Chinese economic data as miners including Anglo America, Glencore and BHP Billiton rally January 19, 2016 The FTSE 100 index opened higher today despite data from China that showed its economy growing at its slowest rate in 25 years. The UK's blue-chip index opened 1.64 per cent up at 5,872 points, led higher by miners. Yesterday markets were weighed down by "continued risk aversion and weakness in oil prices, as concerns grow over further deflationary forces rippling [...]
Horse racing betting tips: Persuasive and Harzand look the part at Leopardstown September 9, 2016 ONLY one of the previous six runnings of the Leopardstown Matron Stakes (5.35pm) has been won by a British trainer, but John Gosden has a great chance of improving that ratio with PERSUASIVE. The unbeaten filly continues to go from strength to strength having won five on the trot since her debut, the most recent [...]
ARM deal gives handy profit to Mr May’s City firm July 20, 2016 The billion pound takeover deal for ARM by Softbank is a nice hand for the fund manager which employs the new Prime Minister's other half. Capital Group, where Theresa May's husband Philip works as a client manager (but doesn't manage any funds), is one of the largest shareholders in the British tech company which is being taken over by [...]
Silverstone boss Patrick Allen ousted for being “too close” to tycoon plotting takeover August 9, 2016 The home of Formula One’s British Grand Prix has been thrown into turmoil by the unexpected departure of its boss Patrick Allen who has been suspended. Allen is managing director of the Silverstone track in Northamptonshire and was seen there last month at the British Grand Prix when 139,000 spectators watched local hero Lewis Hamilton [...]
The UK has turned its back on the EU – we must not do the same to China August 29, 2016 It has been a little over two months since the EU referendum and data from the UK economy has continued to leave both sides of the Brexit debate wanting. Commentators were overly negative in July and now seem to be swinging excessively positive but the reality is we simply haven’t had enough data to work [...]
The great fall of China: If the Chinese economy sinks, it’ll take Britain down with it September 27, 2016 Forget the chatter around the economic risk posed by Brexit, for a more dangerous spectre looms: China’s massive debt pile and the potential for a painful slowdown in the Asian powerhouse. Former chief economist of the International Monetary Fund, Ken Rogoff, said yesterday that a slowdown in China is the greatest threat to the global [...]
Forget Brexit, this startup is eyeing “Brentry” with London expansion plans September 26, 2016 An innovative crowdfunding startup which helps people invest in up-and-coming tech startups alongside venture capitalists has unveiled plans to break into the UK, dismissing any concerns around the uncertainty of Brexit. OurCrowd, a three-year-old Israeli startup which last week landed $£72m (£56m) in funding, plans to open an office in London early next year where it will look to [...]
City heavyweight Lady Barbara Judge has joined a startup August 2, 2016 One of the most well-known women in British business and the outgoing head of the pensions lifeboat is joining a technology startup that wants to disrupt how businesses manage workers. Lady Barbara Judge, who also chairs the Institute of Directors (IOD), has been named chairman of Hibob, the London-based startup which boasts backing from Saul and Robin Klein's [...]
Jaguar Land Rover in for bumpy ride as profits fall despite stellar sales May 30, 2016 The UK’s largest carmaker Jaguar Land Rover’s sales increased 28 per cent to 158,813 vehicles in the fourth quarter ended 31 March, thanks to a strong demand for the Jaguar XE compact saloon, nicknamed the “baby Jag”. Despite reporting bumper sales, the British luxury car manufacturer saw its pre-tax profits fall to £1.56bn, down from £2.6bn [...]
Horse racing betting: O’Brien can bridge Great Voltigeur gap with Idaho August 16, 2016 Since Powerscourt’s victory in 2003, Aidan O’Brien has tried to land Wednesday afternoon’s Betway Great Voltigeur (3.05pm) with 19 horses. He’s responsible for three of the six runners in the £160,000 Group Two contest today and I think his persistence will be rewarded. Bahrain Trophy winner Housesofparliament and Gordon Stakes runner-up The Major General look [...]