Anglo American’s share price climbs as boss Mark Cutifani claims turnaround is making “solid progress” – but will it be enough to stop a shareholder revolt? April 21, 2016 Anglo American boss Mark Cutifani has sought to assure shareholders that the firm is making progress with its turnaround plan – but will it be enough to convince shareholders that he deserves his multi-million pound pay packet? The troubled miner this morning revealed a 10 per cent drop in diamond production to 6.9m carats for the three months to [...]
London Marathon 2016: Here’s when runners will hit the wall (and how to get over it) – plus five top tips for keeping your feet happy April 20, 2016 It's the 36th London Marathon in just a few days and runners have their game-face on. They should have been taking it easy this week – just carb-loading, hydrating and plenty of sleep – as the big day looms on 24 April. But even with all that preparation, most runners expect to hit the wall at [...]
Virgin London Marathon 2016: How fast will you finish? This data company thinks it can predict your finish time April 20, 2016 Planning to run the London Marathon this weekend and fretting over what your finish time might be? This data company thinks it has cracked a way to predict how the 35,000 runners taking part will fare. Strava, running tracker and social media network, has crunched the numbers and thinks it's the frequency – as well [...]
Queen’s 90th birthday celebrations: All the events to mark Elizabeth II’s birthday including the lighting of the beacon, the parade, flypast, garden party and street party April 20, 2016 Queen Elizabeth II might be celebrating her 90th birthday but that doesn't mean she gets to put her feet up. It's Britain's longest-reigning monarch actual birthday on 21 April, and her official birthday will be celebrated on 11 June, meaning this spring and summer will play host to a number of public events. April The [...]
TfL names new Tube boss as Australian transport executive Mark Wild April 19, 2016 Transport for London has named an Australian transport executive as the new boss of the Tube. Mark Wild will join TfL in June, taking over from interim managing director Nick Brown. Wild is currently special adviser to the minister and secretary of the state government of Victoria. He was also chief executive of Public Transport Victoria, the [...]
UK house prices: The government could tackle the country’s housing deficit – but it has a vested interest in choking supply April 19, 2016 We need more housing to be built in the UK. That’s a quite indisputable statement that everyone I speak to in the property industry, in the public sector, amongst charities and at the dinner table, agrees with. The population of Britain increases by around 500,000 people each year largely due to positive net immigration but because people are [...]
Enlarged Amryt Pharma joins Aim after reverse takeover of Fastnet April 19, 2016 Amryt Pharma, a specialty drugs company focusing on orphan diseases, is listing on the London Stock Exchange this morning after a reverse takeover of Fastnet Equity. The group raised £10m through fundraising for the acquisition, and will appear under the ticker symbol AIM:AMYT. It is simultaneously listing on the Irish Stock Exchange as AYP. On [...]
Cheers: MegaBrew takes a step closer as AB InBev accepts Asahi’s $2.55bn Peroni and Grolsch bid April 19, 2016 The MegaBrew deal has just taken a step closer, with AB InBev accepting Asahi’s $2.55bn (£1.77bn) offer for SABMiller’s beer brands Peroni, Grolsch and Meantime. The deal – which will be Asahi's biggest acquisition and a megabrew deal of its own in Japan – comes as the Belgian firm looks to complete its £70bn takeover of SABMiller. It is a [...]
Zoopla buys Property Software Holdings for £75m April 19, 2016 Online property portal Zoopla is to buy Property Software Holdings – a B2B service provider used in more than 8,000 estate agency branches in the UK – for £75m. The deal, under which Property Software Group (PSG) will join the likes of uSwitch and PrimeLocation, gives Zoopla access to a number of systems used by the property [...]
Primark parent Associated British Food’s share price rises as profits climb but currency woes take their toll April 19, 2016 Profits were up across the board at Associated British Foods for the first half of the year – but currency woes have hurt top line growth. The figures Group revenue for the Weston-owned business stood at £6.12bn over the 24 weeks to 27 February, down two per cent on an actual basis or up two [...]