The Ford Focus RS is the perfect blend of practicality, performance and visceral thrills February 8, 2016 The verdict Design | ★★★★☆ Performance | ★★★★★ Practicality | ★★★★ Value | ★★★★☆ A working class hero is something to be,” declared John Lennon in 1971. Was it mere coincidence that Ford had just launched the Escort RS1600, a road-legal rally car that brought power-slides to the masses? OK, so, yes, it definitely was a coincidence, but I’m [...]
Forbes top 40 richest individuals under 40 2015: Who are the richest young Americans and how did they make their money? November 20, 2015 No surprises here, as Facebook founder Mark Zuckerberg claims the accolade for the richest American under 40. Indeed, Zuckerberg's fortune, which is now worth $47.1bn, is more than four times as much as the second person in the ranks – his college pal and Facebook co-founder Dustin Moskovitz, who has a net worth of $9.7bn. In fact, eight [...]
Matalan chief Jason Hargreaves makes retailer a family affair May 14, 2015 Jason Hargreaves made a trip to Oxford Street earlier this year with his four-year-old daughter in tow. The managing director of Matalan, the out-of-town value fashion and homeware chain founded by his father, John Hargreaves, 30 years ago, came to view its first ever central London store at the east end of on Oxford [...]
Tinder parent company Match Group seeks to woo investors with IPO October 17, 2015 Match Group wants to woo investors with an initial public offering (IPO). Match Group, owner of dating app Tinder as well as dating sites OKCupid and Match.com, filed documents with the Securities Exchange Commission for a listing on the Nasdaq Global Select Market under the symbol "MTCH" yesterday. Media mogul Barry Diller's IAC/Interactive Corp, which owns Match Group, would retain [...]
Louis van Gaal and Manchester United suffer Champions League humiliation at hands of Wolfsburg December 8, 2015 Wolfsburg 3, Manchester United 2 Manchester United manager Louis van Gaal rued a “crazy” match after a dramatic defeat at Wolfsburg condemned his side to a humiliating Champions League group stage elimination on Tuesday night. Defender Naldo’s powerful 84th-minute header stunned United and, coupled with PSV Eindhoven’s late rally to beat CSKA Moscow in Holland, [...]
B&M Retail hails strong maiden results after IPO delivers windfall payout July 28, 2014 B&M Retail, the discount shopping chain, yesterday reported a strong start to the year in its first trading update since its stock market debut in May. The fast-growing chain, which sells everything from bedding to barbecues, said group sales jumped by 31.9 per cent to £367m in the first quarter to 28 June. UK sales [...]
B&M plumps for high float range June 9, 2014 Bargain retailer B&M has narrowed the price of its imminent share sale towards the top end of its original range, shrugging off turbulence in the new issues market in recent weeks. The firm is believed to have honed in on an initial share price of between 260p and 290p, compared to its earlier 230p-290p range.
Range Rover Sport SVR motoring review: is it as brilliant as it is brawny? January 18, 2016 The Oxford English Dictionary defines a sports car as, “A low-built car designed for performance at high speeds”. That makes the modern “sports utility vehicle” – high, heavy and often cumbersome – seem a contradiction in terms. However, not all SUVs are created equal, and the 162mph Range Rover Sport SVR is faster and more [...]
BBA Aviation’s share price down as it sets out deal to buy Carlyle Group’s Landmark Aviation for more than $2bn (£1.3bn). September 23, 2015 BBA Aviation's share price was down in mid-morning trading on the back of news that it could buy out private equity-owned Landmark Aviation for more than $2bn (£1.3bn). The British aircraft services provider confirmed this morning that it was making a $2.065bn offer for the Carlyle Group-owned business, which will be partly funded through a [...]
Charterhouse loses seat on Card Factory board after selling stake February 4, 2015 Private equity group Charterhouse has given up a seat on the board of Card Factory after selling 40m shares in the greetings card chain to raise around £110m. Graeme Coulthard, a partner at Charterhouse who has sat on the board since it bought the retailer for £350m in 2010, stepped down as a non-executive director [...]