With Manchester United poised to smash the world record transfer fee on Paul Pogba, here’s how football reached the £100m mark July 21, 2016 “Everyone's got to be concerned about the way fees are growing to astronomical proportions. My own opinion is that it will continue for some time yet but that, like the stock market and property market, it will eventually regulate itself.” So said Liverpool chief executive Peter Robinson in 1995 after signing Stan Collymore for a then [...]
Sir Ben Ainslie interview: Eponymous team will win the America’s Cup, asserts most decorated sailor in Olympic history April 19, 2016 They've made me angry – you don’t want to do that,” Sir Ben Ainslie famously fumed when two gold-medal rivals raised his heckles by accusing the most decorated sailor in Olympic history of foul play during the London 2012 Games. The blue-touch paper was lit and a trademark Ainslie revival duly saw the Briton claim [...]
MPs call for post-Brexit digital plan – or risk UK’s fintech success July 18, 2016 The UK's position as a world leading centre for fintech is at risk if the government fails to address the issues facing the £20bn a year industry as a result of the vote to leave the EU, a leading group of MPs have warned. The government must act now to stop investor confidence in the UK's tech and [...]
British Land sells just 18 flats for total of £210m September 22, 2014 PROPERTY developer British Land has sold some of the most expensive London property ever, with 18 apartments in Mayfair going for £210m. Four of the flats sold for over £5,000 per sq ft, a record for Mayfair’s property market. The so-called “super-prime” property, Clarges Mayfair, was acquired by British Land for £129.6m in 2012 and [...]
The Punter: “I can still smell those Derby Day barbeques!” June 2, 2016 Bill Esdaile talks to former jockey Hayley Turner ahead of tomorrow’s Investec Derby and previews the famous race Widely considered Britain’s most successful female jockey ever, Hayley Turner will attend Epsom Downs this weekend as an ambassador having hung up her riding boots a little over six months ago with over 750 winners to her [...]
Passenger numbers and profits fly higher at IAG, but shares drop on Brussels fears April 29, 2016 Profits soared at British Airways owner International Airlines Group (IAG) in the first three months of the year, but it wasn't enough to offset warnings of a slowdown over the next few months, which sent shares down four per cent The FTSE 100 airline giant, which was formed by the merger of British Airways with Spanish [...]
Remain dream team? A most unlikely group is speaking out on Brexit – Osborne, Balls and Cable join forces May 16, 2016 An unlikely group has gathered at, of all places, Stansted Airport, to make the case for Britain remaining in Europe. The chancellor George Osborne has been joined by former political rivals Ed Balls and Vince Cable – as well as outspoken Ryanair boss Michael O'Leary. The unlikely trio, representing the UK's main political parties, stood together united against [...]
UK Budget: Housebuilders’ shares jump after chancellor George Osborne’s speech March 16, 2016 Housebuilders took off after the chancellor delivered his Budget today, announcing plans to speed up investment plans in priority areas. Persimmon's share price rose over 2.5 per cent on the speech, while Taylor Wimpey rose over 3.5 per cent. Barratt Developments was up over 3.4 per cent. Berekeley Group also rose by close to 1.5 per cent. "Reform [...]
Going, going, gone: Harris and Hoole sale marks end of Tesco ambitions June 23, 2016 First Giraffe, then Dobbies, now it's Harris and Hoole which Tesco has sold off in its efforts to get back to what it's good at (being a supermarket). The sale marks the last of the major assets that are not part of its core retailing to go, and a curtailing of previous ambitions to expand beyond [...]
Third Energy gets fracking go-ahead in North Yorkshire May 23, 2016 Third Energy has become the first company to have a fracking application approved in England since a ban on the process was lifted in 2012. North Yorkshire County Council has voted in favour of the application to extract shale gas at a site near Kirby Misperton in Ryedale. The council's planning committee voted 7-4 in favour [...]