Can banning ketchup really improve a footballer’s level of performance? September 26, 2018 Manager Maurizio Sarri has already made an impression on his new Chelsea team. They have won five of their opening six Premier League matches, and his philosophy of moving the ball quickly and intensive pressing – dubbed “Sarriball” – has led to the west London club making more passes than any other team in [...]
Oil price rally cools but war of words intensifies as Iran and Trump exchange jibes September 26, 2018 The oil price rally has cooled off after the US said it would ensure the market was well supplied before imposing sanctions on Iran and Donald Trump continued his attacks on Opec. Brent Crude Oil dropped to $81.62 per barrel on Wednesday from a four-year high of $82.55 the previous day – WTI Crude [...]
Ryder Cup 2018: Why Le Golf National course could be just as influential for Europe as any player this week September 26, 2018 When Colin Montgomerie captained Europe at Celtic Manor eight years ago, hoping to reclaim the Ryder Cup after a crushing defeat at Valhalla two years before, he instructed the groundsmen to make the course as fair as possible. "I don't think it is right to set the course up in any other way than [...]
Mayor of London reveals first projects to benefit from Strategic Investment Fund September 26, 2018 Ideas to regenerate the West End and to provide more affordable workspace in the capital are set to benefit from a £112m investment fund. The Mayor of London today announced the first tranche of projects to benefit from the Strategic Investment Fund – generated from growing business rate receipts. Sadiq Khan’s own Good Growth [...]
Mitie shares fall as outsourcer predicts lower profits in “highly competitive” industry September 26, 2018 Shares in outsourcing provider Mitie dropped this morning after the company reported slightly lower profits and warned the industry was “highly competitive”. Mitie said profits would be flat to slightly down on the previous year as it continued to invest in its technology-based services, with revenue growth up 2-3 per cent for the first [...]
At long last, economists appreciate that private debt was the catalyst for the crisis September 26, 2018 This month saw the tenth anniversary of the collapse of Lehman Brothers, a collapse which precipitated one of the only two global financial crises of the past 150 years. The late 2000s and early 1930s were the only periods in time when capitalism itself has trembled on the edge of the precipice. It was [...]
UK mortgage approvals for new house purchases tumble despite growth in remortgaging September 26, 2018 The number of mortgages approved for house purchases was almost five per cent lower in August compared with the same time last year, providing fresh evidence of flat activity in London’s property market. Despite the fall in new mortgage approvals, remortgaging soared 9.2 per cent during the month, as a rising number of homeowners [...]
William Hill agrees partnership to target US state sports betting deals September 26, 2018 William Hill has agreed a multi-year partnership with US gaming giant IGT in a bid to secure sports betting deals with state lotteries. The pair have already secured a contract to run sports betting for the Rhode Island Lottery and hope IGT's sports betting platform, along with William Hill's mobile offering and expertise, will lead [...]
Daimler names new CEO as outgoing executive prepares to lead board September 26, 2018 Daimler’s chief executive is standing down more than a year before his contract expires. Dieter Zetsche will leave his post early in order to comply with a two-year cooling-off period before he can take up the role of supervisory board chairman at the car manufacturer in 2021. Read more: Halfords sales speed up ahead [...]
Nike boss stands by Colin Kaepernick ad campaign as sales soar September 26, 2018 Nike boss Mark Parker has stood by his company's controversial ad campaign featuring American Football star Colin Kaepernick, saying he is "proud" of it. In a call with analysts yesterday following the company's results, Parker said the campaign had caused "record" engagement and is driving sales of its products. Nike's share price plunged three per [...]