Stelios urges investors to reject Icamap’s £139m Easyhotel bid August 5, 2019 Easyhotel founder Sir Stelios Haji-Ioannou has called on shareholders to reject a £139m bid for the business, saying it fails to recognise the company’s “true value”. Real estate fund Icamap made the 95p per share bid for the hotel chain this morning alongside developer Ivanhoe Cambridge. Read more: Satellite giant Inmarsat ditches dividend ahead of [...]
The regulator’s intervention on car finance hides an underlying reality October 28, 2019 The UK’s car finance boom has been a cause for concern for some time now, and the regulator is finally cracking down on questionable practices. One common complaint of this sector has been the practice whereby a car dealer or broker will make commission on the interest rate of the loan. By setting a higher [...]
Eddie Jones takes gamble with squad selection but how does England’s cap count compare to rivals? September 10, 2019 Since taking charge of England in 2015, Eddie Jones has been working towards victory in the now-imminent World Cup. Everything he has done over the past four years has been with lifting the Webb Ellis Cup in mind. Yet at the 11th hour he has gambled, opting to sacrifice experience within the squad for talented [...]
US firm Indigo Partners sets new terms for Icelandic airline Wow Air investment March 9, 2019 Indigo Partners has set new terms for its proposed investment in Icelandic airline Wow Air, which has faced months of financial difficulty and was forced to ask lenders for an extra month to negotiate with the US investment company two weeks ago. The firm had originally proposed to inject $75m over 10 years in return for a 49 [...]
Expensive stocks & high debt: A concern for investors November 28, 2018 At no point in the lifetime of any investor operating today has the US not been the largest stock market on the planet and yet it recently notched up a new kind of record. According to numbers crunched by analyst Scott Irving of Jefferies International, at the end of September, the US accounted for 62.4 [...]
Speedy Hire profits jacked up as small business strategy pays off May 15, 2019 A slow uptake of its newly launched app was a rare downside over the past year for tools rental business Speedy Hire as profits shot up. The figures Revenue ticked up nicely by 5.8 per cent to £394.7m as the company spent around £31m on two acquisitions, bringing in expertise in training and powered access. [...]
Rodrigues: The Indian Ocean’s hidden paradise November 29, 2019 Walking into Rodrigues’ Reserve François Leguat is one of those wild moments that will stay with you forever. As you enter a deep, green valley, you’re greeted by dozens of giant tortoises, which amble amiably towards you, ponderously dragging their massive bulk across the grass in the hope you’ll toss them a lime. They are [...]
England’s Cricket World Cup squad: Jofra Archer and the other selection dilemmas for the hosts to consider April 16, 2019 The Cricket World Cup is lurching ever closer and with just 44 days to go until the hosts kick things off against South Africa at the Oval we’ve reached a significant step. England will name their provisional 15-man squad tomorrow ahead of the 23 April deadline. Read more: Chris Tremlett: It's open season for England's batsmen [...]
Four better or four worse: Would saying farewell to the five-day working week really be a good idea? July 12, 2019 Areduced working week could populate our high streets, with 54 per cent of employees saying they would use their extra day off to shop
Tesla CEO Elon Musk faces trial over British diver ‘pedo’ tweet May 13, 2019 Elon Musk is set to face trial after calling a diver who helped rescue the Thai schoolboys trapped in a cave a ‘pedo’ in a tweet. Vern Unsworth is suing Tesla founder Musk after the billionaire called him a “pedo guy” on Twitter. Read more: Why Elon Musk now owes $507m to banks The Brit [...]