Recently listed CMC Markets lures in the traders to boost its profits; as chief executive Cruddas waves away Brexit “scare mongering” June 8, 2016 Recently listed CMC Markets proved it was quite a catch for traders in its results for its year ended in March, with trading activity significantly increasing. The figures The derivatives dealer revealed that its profit before tax had grown to £53.4m, up 23 per cent on the prior year's £43.5m. Meanwhile, net operating profit increased [...]
Alternative Networks’ share price got hammered today following a tough first half June 8, 2016 Alternative Networks, a B2B provider of IT and telecoms, has reported a difficult first half, sending its share price down 10 per cent today by the close in London. The company blamed roaming tariff reductions implemented by carriers – notably EE – for its 18 per cent drop in mobile profits. Mobile revenue dropped by seven [...]
London UK weather: “Beast from the east” brings a blast of cold as the Met Office says snow is on the way February 24, 2018 Next month could be the coldest on record as the so-called beast from the east brings about the chilliest spell of weather for several years. A cold easterly wind will cause temperatures to drop below 0 °C with the wind chill, and snow showers are expected to develop widely, with some places seeing as much [...]
What Brexit? UK startup funding has bucked a global slowdown October 13, 2016 Cash being ploughed into the UK's tech startups has defied a global slowdown as the impact of Brexit turns out to be limited – so far, at least. Venture capital investment inched up 10 per cent to $834m in the third quarter of the year, fueled by high profile rounds for several star startups including Deliveroo and Darktrace. [...]
Suited and booted in beautiful Vietnam: how to do Da Nang in style December 19, 2016 Vietnam is not the kind of place I expected to need a suit. Shorts, sunblock and mosquito spray, sure. But tailoring was not on my check-list. While Thailand, Malaysia and to an extent the Philippines all have an established super-luxe travel market, Vietnam – at least outside of Ho Chi Minh City and Hanoi – [...]
Opinion: the Chancellor’s housing plans need to cater to everyone’s needs, including downsizers October 7, 2016 Earlier this week, the government announced two major housing initiatives; a £3bn Home Building Fund to help smaller developers enter the market, and a £2bn Accelerated Construction Programme, which aims to get houses built quickly on public land. There was no mention of extending Help to Buy mortgage guarantees (due to end soon) or of [...]
GVC Holdings and Betfred place wager on 10-year online deal May 23, 2016 Gaming services provider GVC Holdings has signed a 10-year B2B licensing deal with one of the UK's leading sportsbook operators, Betfred. Betfred will migrate all its sportsbook and gaming offerings onto the GVC platform on an exclusive basis. The GVC proprietary platform offers a "one-stop-shop" online offering, which focuses on a superior sports betting player [...]
Fish protest: Nigel Farage dumps haddock into the Thames over “death sentence” transition deal March 21, 2018 Brexiters led by Nigel Farage have this morning dumped a load of fish into the Thames in protest against the government’s “death sentence” transition agreement. Jacob Rees-Mogg joined the protest for a press conference, although did not actually join the former Ukip leader in dumping the fish into the Thames. Anne-Marie Trevelyan and Craig McKinlay [...]
Spray, jelly and antibiotics: How tea could transform in the next decade August 15, 2016 Forget Bubble Tea, loose-leafed and the ever-civilised afternoon tea – this is what is set to happen to the nation's favourite hot beverage in the next 10 years. Britons consume around 165m cups of tea everyday, but research from Tetley and the Future Foundation has predicted a wave of technology and personalisation innovations that could [...]
The rise of passive investment could trigger a sharper stock market sell-off February 5, 2018 Stock markets turned red again on Monday, as last week’s sell-off maintained its grip on trading floors throughout the world. There are many rational reasons why specific equities, or the market more broadly, may have taken a knock. Signs of core inflationary pressures across the pond arguably triggered last Friday’s bearish turn, with strong growth [...]