Hong Kong Horse Racing Tips: Seven Heavens can put punters on cloud nine January 15, 2019 HONG Kong’s Happy Valley hosts eight races today, all of which look fiendishly difficult puzzles to solve. A word of advice, don’t rush in on the short-priced favourites as this racecard will have form students scratching their heads. From a handicapping point of view, you could throw a blanket over at least half-a-dozen horses in [...]
London Calling: Why we back the City June 10, 2021 London remains one of the preeminent financial centres of the world. For some this statement is an outdated notion which forgets the turmoil of recent years. Brexit, relatively unstable governments, and the pandemic have all contributed to a misplaced sense of decline. However, for all the drama of the past few years, if you step [...]
We’re not as stuck as the Brexit blues would have you believe January 28, 2019 IF YOU’RE looking for a meaningful vote of confidence tomorrow, look elsewhere than the sentiments of our 650 MPs. Instead try the 650,000 British businesses registered last year – each one a vote of confidence in the future. But when you’re surrounded by extremes, it’s hard not to get swept away by it all. As [...]
Procter & Gamble shares spike in surprise profits boost October 19, 2018 Rising profits for the first quarter at consumer goods group Procter & Gamble (P&G) took the market by surprise today, leading its share price to rise almost eight per cent. The giant behind brands such as Pampers, Bounty and Pantene reported organic sales growth of four per cent in the last three months, its best results in [...]
AccorHotels takes 50 per cent stake in US luxury hospitality firm SBE Entertainment October 9, 2018 AccorHotels today said it had acquired a 50 per cent stake in US hospitality company SBE Entertainment. The hotel chain said the deal will allow it to expand its business into the luxury lifestyle hospitality sector, as well as plant its footprint throughout North America. SBE specialises in high-end hospitality and manages and operates hotels, residences, restaurants, spas, and [...]
John Lewis, Sainsbury’s, or M&S? Whose Christmas ad was best this year November 20, 2018 So this is Christmas. And what have you done? Another year over, and the festive ads just begun. Yes, ’tis the season for brands to splash the cash on fancy holiday-themed adverts in hope of attracting that sweet Christmas shopping revenue. Retailer John Lewis has been the reigning champion of the season for the past [...]
B&Q owner’s profits slide 30 per cent following ‘weak’ business in France September 19, 2018 Kingfisher, the owner of B&Q, has seen its pre-tax profits plunge in the first half of this year as the company goes through organisational upheaval. The Figures Pre-tax profits fell 30.1% to £281m. The firm is undergoing a major reorganisation, which it says is being made more difficult by tough trade conditions. The firm also [...]
B&Q owner’s profits slide 30 per cent following ‘weak’ business in France September 19, 2018 Kingfisher, the owner of B&Q, has seen its pre-tax profits plunge in the first half of this year as the company goes through organisational upheaval. The Figures Pre-tax profits fell 30.1% to £281m. The firm is undergoing a major reorganisation, which it says is being made more difficult by tough trade conditions. The firm also [...]
Bloomsbury revenues rise as books buck the UK’s retail downturn October 23, 2018 Revenues at Bloomsbury Publishing have posted strong growth in the first six months of the year, as the group's seven-point turnaround plan starts to pay off. Bloomsbury's share price rose 2.24 per cent as markets opened this morning. The figures Adjusted profit before tax for the six months to August, which excludes costs associated with [...]
Barclays takes up significant stake in London fintech Marketinvoice | City A.M. August 2, 2018 Barclays today announced it has acquired a significant minority stake in London-based fintech Marketinvoice, in a deal that will utilise the startup’s technology to provide £1bn in capital for the UK’s small businesses. City A.M. understands the deal will also see Barclays lead Marketinvoice’s upcoming series B fundraising round, which is due to close in [...]