What the other papers say this morning – 26 March 2014 March 25, 2014 FINANCIAL TIMES Banks pay out $100bn in US fines Wall Street banks and their foreign rivals have paid out $100bn in US legal settlements since the financial crisis, according to Financial Times research, with more than half of the penalties extracted in the past year. The sum reflects a substantial shift in political attitudes towards [...]
Betters tip Saga stock for strong rise after float May 12, 2014 INSURANCE and consumer services group Saga could be worth up to £2.92bn, well above the expected flotation valuation of £2bn to £2.5bn, according to trades on IG’s grey market in recent days. If the traders are correct, Saga will join other recent initial public offerings (IPO) including Royal Mail, Twitter and Boohoo where the share’s [...]
Top stockbroker hits out at “deplorable” lack of retail floats April 22, 2014 One of the biggest names in the retail stockbroking sector has today described the situation facing retail investors wanting to invest in newly-floated companies as "deplorable". Yet another company, The Card Factory, has announced it is coming to market via an issue of shares only initially available to institutional investors. Keith Loudon, the senior partner [...]
TaskRabbit founder Leah Busque talks dog food and London’s penchant for gardening February 1, 2015 While most of us spent good chunks of our childhood playing shops or doctors, Leah Busque was busy heading up Pollution Solutions. “Really, it was just an excuse to boss around my little sister and cousins,” laughs Busque, who is the founder of TaskRabbit, one of the first sharing economy platforms. Pollution Solutions was Busque’s [...]
Alternative Valentine’s Day 2015: Left-field options to woo your loved one on February 14th February 3, 2015 Stand out from the crowd with these left-field options to woo your loved one come February 14th – or just find someone new altogether. ALL LOVED UP AFTERNOON TEA Throughout Feb: Skylounge Use the view at this rooftop bar to seduce your Valentine over a selection of aphrodisiac sandwiches. Designed to get the heart [...]
AO World shares steady after update showing 40pc growth April 10, 2014 SHARES IN newly-listed fridge seller AO World steadied yesterday after the firm’s maiden trading update confirmed it was on track to deliver 40 per cent revenue growth. AO, which floated in February, has been routed this week along with other tech stocks in London and the US on fears that a bubble was forming within [...]
This irrational tech boom risks the health of the global economy May 8, 2014 THE PENNY seems to be slowly dropping. Investors have taken fright at how they have driven up the value of the tech sector. A range of big name tech firms have suffered sharp falls in share prices. Twitter is down over 40 per cent over the last three months. Facebook has fallen by 11 per [...]
Pimlico Plumbers founder Charlie Mullins talks pipes, politics and £1m election bets February 22, 2015 I don't know much in life, but I know how to run a plumbing company,” says Charlie Mullins, founder of Pimlico Plumbers, matter-of-factly. Mullins is entitled to his own opinions (and he’s got his fair share) but he’s probably wrong on this one. The self-made multi-millionaire is unerringly humble – he’s not just any managing [...]
New Year’s Eve 2014 in London – how to spend it December 29, 2014 It’s that time of year again – when everyone’s asking you what you’re doing on New Year’s Eve.Some are lucky enough to already have the evening planned, but many Londoners are still trying to work out how to mark the occasion. If you’re unsure of what to do, here are some ideas to help ensure [...]
The growing problem of obesity: Almost half the global population will be overweight by 2030 November 20, 2014 The world is eating more and doing less. The result? Our waistlines are rapidly expanding. In fact, almost half the world will be overweight or obese by 2030 if we allow our self-indulgence to continue along its current trajectory. According to a report by McKinsey, 2.1bn people fall into the “overweight” category, which [...]