Inmarsat places $650m bond but isn’t planning to splash the cash September 1, 2016 Satellite company Inmarsat reached for the sky and succeeded as it successfully placed $650m of convertible debt. The placing was $50m more than the original deal size and Inmarsat said it reflected the “considerable demand” for the bonds which have a maturity that stretches out to 2023. “It was a popular placing that was oversubscribed [...]
European Commission wants details on the Nissan deal from the UK government November 7, 2016 The European Commission has confirmed it has made contact with the UK government regarding the Nissan deal, following media coverage. A spokesperson said: "We have seen press reports regarding this issue. As a result, the Commission at services level is in contact with the UK authorities." The Commission has asked for details on what assurances [...]
Budget 2016 pensions special: X ways your pension could change after tomorrow’s Budget March 14, 2016 NULL
Lending leaps at Virgin Money but it’s cautious over Brexit November 1, 2016 Challenger bank Virgin Money shrugged off post-Brexit vote volatility, increasing mortgage and credit card lending – although it warned it was exercising caution. The figures Gross mortgage lending rose 19 per cent to £6.5bn in the nine months to the end of September, putting its total mortgage balances at £28.9bn. That pushed Virgin's share of total mortgage lending up to 3.6 [...]
City Social’s gender-bending cocktail is now one of the most popular on the menu December 6, 2016 How much of a role does gender play in what you drink? Why are some drinks thought of as ‘masculine’ and others ‘feminine’? These big societal and cultural questions inspired the bar at City Social to play around with gender drinking stereotypes, which led to the creation of two of their best-selling cocktails. Freedom of [...]
Britain’s most expensive streets revealed: Zoopla unveils rich list of top 10 priciest neighbourhoods in London September 30, 2016 The UK's top 10 most expensive neighbourhoods are all still in London and they're all still eye-poppingly pricey – but they are getting cheaper. Well, some of them. Top of Zoopla's property rich list is Kensington Palace Gardens, W8, where the average property will set you back £38.3m, followed by The Boltons in SW10, where a [...]
Sports Direct was selling Louboutin heels online this weekend – but they’ve been taken off the website October 4, 2016 Budget sports retailer Sports Direct moved into uncharted territory this weekend as it started selling Christian Louboutin heels. Sports Direct is known for its discount tracksuits and, most recently, for not paying its workers the minimum wage. Read more: Sports Direct shares jump as Mike Ashley takes control But now it appears the company wants to [...]
Brexit will be unequivocally good for the UK economy in both the short and long term October 12, 2016 When questioned on Brexit by the BBC’s Andrew Neil at a conference earlier this week, I made what appeared to be a radical statement: “Brexit will be unequivocally good for the British economy.” Understandably, Neil came back at me sharply, demanding to know how my statement could be reconciled with City firms shifting their location [...]
London World Athletics Championships 2017: Local sprinting star Dina Asher-Smith urges fans to snap up tickets for chance to witness history November 29, 2016 Britain’s fastest woman Dina Asher-Smith expects history to be made in London next summer when the capital hosts the 2017 World Athletics Championships. The first British woman to run the 100m in under 11 seconds is hoping to be on the track alongside inspiration Usain Bolt who is planning to make the nine day event [...]
Business secretary reveals he told Nissan tariff-free trade would be on the Brexit negotiating table October 30, 2016 Nissan were told tariff levels, particularly working to achieve tariff-free trade, would form a key part of the Brexit discussions, the business secretary has revealed today. The Japanese car manufacturer said last Thursday that it was staying put in Sunderland to build its next Qashqai and X-trail models, having previously warned it may opt not invest [...]