Christmas Star still burning bright! January 13, 2011 CHRISTMAS was lovely, but there was something missing – and I’m not talking about sprouts or brandy butter. Well, that something was Kempton’s King George which was claimed on Boxing Day by the frost and will finally be run tomorrow. Regular readers of this column were advised before Christmas to take the even money available [...]
Christmas Star still burning bright! January 13, 2011 CHRISTMAS was lovely, but there was something missing – and I’m not talking about sprouts or brandy butter. Well, that something was Kempton’s King George which was claimed on Boxing Day by the frost and will finally be run tomorrow. Regular readers of this column were advised before Christmas to take the even money available [...]
Brokers back in High Court November 4, 2009 INTER-dealer broker BGC Partners yesterday said rival Tullett Prebon’s ploy to obtain a lengthy injunction against the recruitment of its staff was an unprecedented attempt to block competition in the industry, as the two resumed their bitter battle in the High Court. Tullett is seeking an injunction to prevent BGC from negotiating any forward contracts [...]
SUMMER SALES August 3, 2010 Hammers land Ben Haim WEST HAM have further strengthened their squad after landing Israeli defender Tal Ben Haim on a five-month loan deal. The 28-year-old former Chelsea and Manchester City centre-back played under Hammers boss Avram Grant at Portsmouth and is the fourth new arrival at Upton Park. Grant also says he does not want [...]
FTSE shrugs off Egypt drama and rises on upbeat US data February 1, 2011 COMMODITY stocks and banks helped drive Britain’s top share index to a higher close yesterday, as investors shifted their focus from political unrest in Egypt to upbeat US economic data. The FTSE 100 index closed up 94.88 points, or 1.6 per cent, at 5,957.82, recouping nearly all the 1.7 per cent lost over the previous [...]
Goldman code theft case starts November 30, 2010 A FORMER Goldman Sachs computer programmer charged with theft of a valuable speed-trading code did not, and could not, harm Wall Street’s most influential bank, his lawyer told a jury yesterday. But a federal prosecutor told jurors Sergey Aleynikov stole critical parts of Goldman’s top-secret high-frequency trading programme because he would earn hundreds of thousands [...]
Private equity bidders circle Terra Firma’s Odeon cinema chain November 24, 2010 Terra Firma, the private equity owner of record group EMI, is understood to have received a number of approaches for its Odeon cinema chain. One approach is said to have come from private equity group BC Partners, which lost out to Doughty Hanson in the recent bid battle for cinema group Vue Entertainment. Canada’s Omers [...]
Families need to talk about long term care January 18, 2011 A THIRD of Britons aged over 55 who own their homes expect that they will have to sell their property to meet the costs of long term care for themselves or their partner. That figure comes from new research, commissioned by the wealth management team at solicitors Dickinson Dees. The YouGov survey also finds that [...]
Equitable Life appoints BlackRock to manage risk July 4, 2010 LIFE insurer Equitable Life said yesterday it has appointed US investment house BlackRock to provide investment and risk management services for its 400,000 policyholders. Customer-owned Equitable Life said BlackRock’s objective would be to maximise returns on £5.7bn of assets while satisfying Equitable Life’s regulatory solvency ratios. Chris Wiscarson, Equitable Life’s chief executive said: “Maximising returns [...]
Home repossessions tumble November 11, 2010 THE number of homes repossessed by lenders in Britain fell to a two and a half year low in the third quarter, data showed yesterday, but courts issued more orders to reclaim homes, suggesting there may be a rise ahead. Figures from the Council of Mortgage Lenders showed that 8,900 homes were repossessed in the [...]