Forget gold, invest in watches December 21, 2017 | City Talk Buying for the purpose of investment takes a lot of consideration and expertise in your chosen area. Items with a technological expiration date do not often make good investments; televisions, phones and cars – unless it’s a rare vintage vehicle that will be kept in a garage and never used. This is why the extortionate [...]
City A.M.’s Devilishly Difficult 2017 Sports Quiz Part 2: The odd and business stories from the sporting year December 21, 2017 It has been another vintage year of sporting drama, from the triumphs of Anthony Joshua and Lewis Hamilton to the disappointments of England’s failed Ashes defence and Usain Bolt’s anticlimactic farewell. But as the dust settles on 2017, how much have you remembered about those defining moments, or the storylines playing out off the field, [...]
Lance Armstrong: I’ve made Chris Froome “adverse” drugs test fallout worse December 21, 2017 Disgraced cycling champion Lance Armstrong believes his misdeeds have contributed to an overreaction to Chris Froome’s recent adverse drugs test. Last week the world cycling body the UCI confirmed that double the allowed level of a legal asthma drug had been found in a test of four-time Tour de France winner Froome after a stage [...]
City A.M.’s Devilishly Difficult 2017 Sports Quiz Part 1: The good and the bad of the sporting year December 21, 2017 It has been another vintage year of sporting drama, from the triumphs of Anthony Joshua and Lewis Hamilton to the disappointments of England’s failed Ashes defence and Usain Bolt’s anticlimactic farewell. But as the dust settles on 2017, how much have you remembered about those defining moments, or the storylines playing out off the field, [...]
Londoners’ council tax is rising as Sadiq Khan pushes up funding for police and fire brigade December 21, 2017 Londoners are facing increased council tax bills after Sadiq Khan said he had “no choice” but to raise rates after government cuts. Khan said he planned to increase his share of council tax by 27p a week, the maximum allowed by the government, from April next year. That will mean a 5.1 per cent rise, [...]
Are UK markets overstretched? December 21, 2017 | City Talk With the FTSE 100 and All-Share a wee bit below their all-time highs and valuations above average, many fear equities are too high and will soon fall. However, in our view, such worries are misplaced. Valuations aren’t predictive, and markets routinely set all-time highs during bull markets. We expect UK markets to keep making chart-topping [...]
“Shun bitcoin” amid price bubble and “bite at blockchain” says UBS December 21, 2017 Bitcoin is a bubble and should be shunned, according to a top wealth manager, but you should be “biting at blockchain” – the technology which underpins the cryptocurrency – predicting it to be an industry worth billions in the next decade. “We do not see Bitcoin as a viable investment and instead see opportunities in [...]
Birmingham confirmed as host of 2022 Commonwealth Games December 21, 2017 Birmingham is to stage the 2022 Commonwealth Games after its bid was approved by organisers as the replacement for Durban, which was stripped of hosting rights earlier this year. The £750m event is expected to be the country’s biggest sporting prioject since the London 2012 Olympics and will mark the third time that the Commonwealth [...]
Are UK markets overstretched? December 21, 2017 | City Talk With the FTSE 100 and All-Share a wee bit below their all-time highs and valuations above average, many fear equities are too high and will soon fall. However, in our view, such worries are misplaced. Valuations aren’t predictive, and markets routinely set all-time highs during bull markets. We expect UK markets to keep making chart-topping [...]
SMMT: New car demand in the UK fell more than a quarter last month December 21, 2017 Car manufacturing in the UK slid last month as demand from domestic buyers tumbled, new data has shown. The Society for Motor Manufacturers and Traders (SMMT) said 161,490 cars rolled off UK production lines in November, 4.6 per cent down on the same month last year. The fall was driven by a 28.1 per cent [...]