Does Britain care more about bats than people? December 19, 2024 For each animal saved by the £100m the government spent on a ‘bat tunnel’ for HS2 we could have stopped 76 children dying of malaria. The affair illustrates the state’s total inability to consider trade-offs, says Samuel Hughes Last month saw much discussion of the £100m ‘bat tunnel’ built for HS2. There are several morals [...]
Mark Kleinman: Boots’ dealmaker tries to formulate new potion December 19, 2024 Mark Kleinman is Sky News’ City Editor and is the man who gets the Square Mile talking in his weekly City AM column. This week, he tackles buyouts at Boots, big bonuses at Natwest and Reeves’ China charm offensive Boots’ octogenarian dealmaker tries to formulate new potion If life begins at 80, then Stefano Pessina, the octogenarian pharmaceuticals [...]
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 [...]
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 [...]
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 [...]