What’s eating key global currencies? The effects of the fallout of worldwide rate hikes and a slowing Chinese economy explained September 29, 2015 The world's key currencies have been subject to significant sideways trading in the last few months, including the euro- dollar, sterling-dollar and yen-dollar. The relatively stable euro-dollar rate is down to relative interest rates between the US and Eurozone staying stable. This is backed up by improving inflation and unemployment in Europe and [...]
Wikipedia founder Jimmy Wales’ mobile network The People’s Operator sees revenues rise but US expansion eats into profit September 29, 2015 Wikipedia founder Jimmy Wales' latest venture, mobile phone provider The People's Operator (TPO), announced its maiden results yesterday and revenues of £603,000. The figures Revenue grew 358 per cent in the six moths to 30 June, from £132,000 in the first half of 2014. The company's losses actually increased from £600,000 last year to £4.4m in [...]
Tom’s Kitchen in St Katharine Docks has great food, but who’s it for? December 16, 2014 Food: ★★★★☆Value: ★★★☆☆Atmosphere: ★★☆☆☆ 1 Commodity Quay, St Katharine Docks, E1W 1AZW; Tel: 020 3011 5433 Cost for two with wine: £150 I’m not sure what I think about Tom’s Kitchen, which is a problem because someone’s paying me to tell you about it. There are four in the chain now – five if [...]
Tech rout slams UK online giants April 8, 2014 BRITISH technology shares were pummeled for a second day yesterday as waves of uncertainty surrounding the sector continued, despite a recovery across similar stocks in the US. The FTSE 100 dropped for the second day in a row, falling over 32 points to 6,590.69, hampered by the poor performance of tech stocks. The top tech [...]
Fitness diary November 17, 2014 It’s almost six months since I finished a 10-week intensive fitness programme. Before I started I wasn’t exactly over-weight – although I was filling-out around the midriff – but I was certainly out of shape. I could count on one hand the number of times I’d been to the gym in the preceding 15 years [...]
Outside the box: SpaceWays founder David Fuchs talks unwanted cars, Mexico and sexiness October 26, 2014 Budding entrepreneurs will frequently tell you that it’s heartfelt passion driving them to set up a business. But the substance of many highly-successful companies isn’t all that exciting – think chipmakers, paper shredders, kebab boxes. “It’s not that I always dreamt of owning a storage business. Nobody does that. It’s not sexy to go [...]
What the other papers say this morning – 24 April 2014 April 23, 2014 FINANCIAL TIMES Deutsche Bank under pressure Deutsche Bank is facing pressure from investors to raise capital amid fears the bank is still not robust enough to cope with a tougher regulatory environment and a slump in global debt markets. Insiders at Germany’s largest lender are understood to accept as a real threat that the European [...]
Bottom Line: London just needs to wait a bit for lift-off February 18, 2014 ON ONE level and after a superficial look at developments, it might seem as if London is in danger of missing out on the impending flood of new issues that are about to hit the financial markets. Yesterday’s flurry of statements revealed that ISS, the giant services group, is floating in Copenhagen; King.com has chosen [...]
Q and A: High growth segment February 23, 2014 Q What’s the High Growth Segment? A It’s an attempt by the London Stock Exchange to keep British technology firms in the country, rather than waving off the UK’s next answer to Google as it takes the well-trodden path to the Nasdaq or NYSE once it becomes big enough to list. Q What makes it [...]
Inside Track: In Barclays we trust: Retail investors rely on bank for new issues March 20, 2014 @hellierd There’s a page on the Barclays website that directs customers to the joys of investing in new issues and flotations. It is headlined: “Access investments before they become available on the market.” The trouble is that unless Barclays itself is working on one of the current crop of share issues, it is highly likely [...]