Alastair Cook right to ignore calls for follow-on, insists assistant coach Paul Farbrace July 24, 2016 England assistant coach Paul Farbrace has defended skipper Alastair Cook’s decision to bat again and not enforce the follow-on as his side turned the screw on Pakistan during day three of the second Investec Test at Old Trafford. Resuming on 57-4, the tourists offered precious little resistance and were dismissed for just 198, a first [...]
England seamer James Anderson apologises for umpire outburst during frustrating day as Azhar Ali-inspired Pakistan turn the screw at Edgbaston August 4, 2016 England seamer James Anderson was forced to apologise after his emotions boiled over during a frustrating second day of the third Investec Test which saw Pakistan turn the screw at Edgbaston. Anderson clashed with umpire Bruce Oxenford after he was warned about running on the pitch post-delivery. England’s leading Test wicket-taker received two official warnings, [...]
UK banks’ share prices set new post-referendum highs August 24, 2016 Shares in UK banks are standing at a post-referendum high after a string of encouraging economic data has restored confidence in the health of the sector. Lenders with big domestic footprints were hit hard in the days after the 23 June referendum. Share prices fell by as much 40 per cent. Both Barclays and RBS suffered the [...]
Anglo American jumps as its losses narrow in the first half July 28, 2016 Anglo American shares closed up 5.48 per cent to 843p this afternoon, after the embattled miner's losses narrowed in the first half. The FTSE 100-listed firm posted a net loss of $813 (£617m) in the six months to 30 June, more than two thirds less than the $3bn loss it recorded the same time a year ago. Underlying earnings fell [...]
Gutterball: Bowling alley firm postpones flotation plans after Brexit July 3, 2016 A bowling alley firm has pushed back its plans to float on the stock market following last month’s Brexit vote. Hollywood Bowl had planned to launch an initial public offering (IPO) this month. But the plans have now been pushed back towards the end of the summer. Elsewhere, Sky News reported that NewDay, which provides store cards [...]
What private client FX offers entrepreneurs – Investec Comment: August 9, 2015 Most businesses with vulnerability to foreign exchange risk – whether they’re exporters or have subsidiaries overseas – will have arrangements in place to mitigate their exposure to sharp currency moves. But what about you as an individual? As business owners and entrepreneurs become more globally-mobile, they are more likely to have overseas investments, or [...]
Skipper Misbah-ul-Haq leads Pakistan revival at Lord’s and out-muscles England July 14, 2016 Centurion Misbah-ul-Haq believes Pakistan need another 100 runs to seize control of the first Investec Test at Lord’s after he led his side’s recovery against England with a majestic ton on a placid wicket. Misbah, aged 42, became the oldest player to claim a Test hundred since 1934 as he finished unbeaten on 110 after sharing [...]
No1 spot in the Test world rankings beckons for England. That’s all well and good, the real challenge is staying there August 10, 2016 It's all very well getting to No1 in the world Test rankings but the true measure of a side worthy of that tag is to stay there for a long time. That’s the challenge facing England should they hit the summit by the end of the summer. Such a feat will be achieved if Alastair [...]
Investec Comment: Why UK investors have warmed to tech firms August 16, 2015 London has all the ingredients to remain an attractive location for technology companies to grow and seek investment. The capital has thriving public markets that have warmed to tech stocks. More and more VCs are putting money into London startups. There’s a greater number of incubators and accelerator programmes around. UK investors have also [...]
Spot-fixer Mohammad Amir stars on return to first-class cricket ināEngland and boosts chances of Test recall July 4, 2016 Pakistan seamer Mohammad Amir claimed three wickets on his return to first-class cricket in England, six years after the spot-fixing scandal which led to a prison sentence. Amir served a jail term as well as a five-year ban from the sport after being found guilty of deliberately bowling no-balls during a Test match at Lord’s in [...]