Was 2024 the year of the stockpicker? Nope. December 18, 2024 Every year, asset managers claim that this year is the year of the stockpicker. At the start of 2024, Bank of America claimed that “active funds will have greater odds of selecting winners in 2024”. “We expect more idiosyncratic opportunities next year given elevated valuation dispersion and increased public market inefficiencies, which should create a [...]
Why RFU boss Sweeney is set for no confidence vote December 18, 2024 Rugby Football Union chief executive Bill Sweeney will face a vote of no confidence after over 180 clubs and bodies rebelled against the governing body’s biggest name. Sweeney, alongside chairman Tom Ilube, will face the music in February following a grassroots-led revolt against the body led by the referees’ union and the Championship clubs at [...]
National World: Yorkshire Post and The Scotsman owner agrees £65m takeover December 18, 2024 Shareholders in National World, the media group whose titles include Yorkshire Post and The Scotsman, are set for a bumper pay day as a takeover deal which values it at over £65m was agreed. Irish media group Media Concierge, which currently holds a 26 per cent stake in National World, first tabled an offer worth [...]
Honda and Nissan merger talks spark UK job fears December 18, 2024 Experts say the UK's unfavourable tax environment and declining automotive sector put it at greater risk as the industry consolidates.
Former NBA owner invests in $100m women’s football multi-club group December 18, 2024 The move will see World Cup and Olympic gold winning former US women’s international Lauren Holiday join the board of Mercury/13.
Shops being ‘thwacked by colossal’ employment costs December 18, 2024 Business rates rises totalling £7.6m are being faced by shops in Scotland when the new tax year starts, according to new figures. A total of 4,520 shops liable for the intermediate and higher property rates will experience an increase in their rates bills, according to information obtained by Conservative MSP Craig Hoy and published by [...]
Tortoise Media acquires Observer newspaper as deal finalised December 18, 2024 The Observer newspaper’s sale to Tortoise Media has been confirmed after a deal was signed by The Scott Trust and Guardian Media Group (GMG). James Harding will take on the role of editor-in-chief while Lucy Rock has been appointed editor (print), the first woman to oversee the newspaper in 100 years. The Observer is being [...]
Shoe Zone shares crash as Budget deals major blow to profit plans December 18, 2024 Shares in Shoe Zone have plummeted to their lowest value for more than three years after the company warning the changes announced in the Autumn Budget has forced it to close a number of stores. The Leicester-headquartered retailer issued a trading update to the London Stock Exchange in which it revealed the impacted that “significant [...]
Southeastern boss: Success is not about public or private ownership December 18, 2024 City AM chats with Southeastern Railway's chief Steve White on Covid-19, Labour's reforms and his plans to bring down costs.
Top UK Live Casinos – Best Casino Sites with Live Dealers – December 2024 December 18, 2024 Live casino games have become widely popular in the UK in recent years. This type of game give players an experience close to that of a brick-and-mortar casino from the comfort of their homes or on the go. In fact, they have become so popular that most casino sites offer them, and some sites even [...]