Alastair Cook’s delight as England take unassailable lead against Pakistan August 7, 2016 Captain Alastair Cook savoured one of the best wins of his tenure after England bowled Pakistan out for 201 to claim the third Investec Test at Edgbaston and take an unassailable lead in the series. Five bowlers took two wickets apiece as Pakistan’s middle order collapsed from 124-3 to 125-7 in just 23 balls and England, [...]
BP and Shell optimistic the market is turning November 2, 2016 BP and Royal Dutch Shell reported their latest financial figures for the third quarter and both companies showed some improvement, a sign that the oil markets are starting to find their footing. A few days ago, some of the other oil majors released third quarter earnings, revealing the ongoing damage being done to the balance [...]
UK house prices: The bespoke mortgage challenge for entrepreneurs when buying a house – Investec Comment September 20, 2015 Buying a house can be tricky at the best of times, but if you own your own business, are self-employed, or work in private equity, the process can be more difficult still. Why? The first stumbling block is income. Some lenders' application processes may be fairly black and white: you either meet the criteria [...]
Where next for sterling after the flash crash? October 7, 2016 The flash crash rocked currency markets overnight and has spooked investors this morning. Despite some interesting theories as to its cause, the general consensus is it was a freak event triggered by some hasty algorithmic trading in a relatively dried-up markets. Nevertheless, that hasn't calmed nerves. Before the crash sterling was hovering between $1.25 and [...]
City Moves for 16 August 2016 | Who’s switching jobs August 16, 2016 Business Growth Fund Business Growth Fund has expanded its team with the appointment of Paul Stevens, who joins from Octopus Investments. Based in the London office, Paul will focus on identifying investment opportunities in AIM listed companies as part of the BGF Quoted offering, which is led by Gavin Petken and Tom Jenkins and supported [...]
Skipper Alastair Cook tells middle order the only way to silence doubters is to score big runs as England prepare to face Pakistan August 2, 2016 England skipper Alastair Cook has urged his side’s faltering middle order to silence the snipers by scoring big runs during the third Investec Test against Pakistan at Edgbaston, which starts this morning. Questions have been asked of England’s batting unit after vice-captain Joe Root was promoted to No3 following Nick Compton’s decision to take an [...]
Knight to make sweet music in the Great Metropolitan April 19, 2016 Epsom's Spring Meeting often sees the same horses turn up year after year. The Investec Corporate Banking Great Metropolitan Handicap (3.05pm), run over the Investec Derby trip, features last year’s first and third, Lungarno Palace and Barwick. I tipped the former 12 months ago and he is only a pound higher, so has to be [...]
Rio Tinto shakes up management board, whittles down debt June 21, 2016 Rio Tinto's incoming chief exec reached deeper into the miner's arsenal of tools today, as it battles a prolonged price slump. Deputy chief exec, Jean-Sébastien Jacques, who will take the top spot on 2 July, appointed Chris Salisbury to run the FTSE 100-listed firm's core iron-ore operations. Read more: Rio Tinto says Lithium project has proven "an attractive investment" Salisbury is currently acting [...]
England skipper Alastair Cook urges debutant Jake Ball to seize Test opportunity and rip through Pakistan July 13, 2016 England skipper Alastair Cook has backed seamer Jake Ball to rack up the wickets when he makes his international debut in today’s first Investec Test against Pakistan at Lord’s on Thursday. Cook has confirmed that Nottinghamshire quick Ball, who has claimed 96 first-class scalps, has been given the nod over Middlesex rookie Toby Roland-Jones to [...]
Gold miner Centamin glitters as it hikes production estimates August 10, 2016 CENTAMIN’s solid set of half-year results, in which it cut costs and boosted production, helped its shares close up 1.28 per cent to 173.80p today. The figures Centamin's gold production swelled 30 per cent year-on-year to 140,306 ounces in the six months to 30 June. The gold miner's production costs per unit shrank 34.70 per cent [...]