England’s just named the Test squad. Here’s what you need to know June 5, 2014 Who’s in? Chris Jordan (Sussex)Sam Robson (Middlesex)Moeen Ali (Worcestershire)Chris Woakes (Warwickshire)Matt Prior (Sussex)Liam Plunkett (Yorkshire)Alastair Cook (Essex)James Anderson (Lancashire)Gary Ballance (Yorkshire)Ian Bell (Warwickshire)Stuart Broad (Nottinghamshire)Joe Root (Yorkshire) And a reminder of who was around last time England played against Australia in Sydney: Alastair CookMichael CarberryIan BellKevin PietersenGary BallanceBen StokesJonny BairstowScott BorthwickStuart BroadJames AndersonBoyd Rankin
Most Brits think Qatar should lose the right to hold the 2022 World Cup June 5, 2014 Following the latest scandal over the Qatari bid for the 2022 World Cup, 62 per cent of Brits think it should be stripped of the right to hold it, according to a new YouGov poll. 77 per cent of football fans don’t think it should now be allowed to host the tournament. What’s more, 65 per [...]
Car market sees longest growth streak of all time June 5, 2014 Car registrations have had another cracking month, as the industry motors on to its 27th consecutive month of growth, according to new figures from the Society of Motor Manufacturers and Traders (SMMT). That winning streak for the car industry breaks its previous record, set in the late 1980s. In May alone car registrations increased by [...]
Retailer share prices are crashing. Here’s what you need to know about the sell-off June 5, 2014 An unexpected profit warning from online retailer Asos has investors very worried about the health of the sector generally. Asos shares opened more than 40 per cent lower after it announced that it had been forced to slash its full-year profit margin guidance. The key paragraph comes from CEO Nick Robertson: The resultant higher mix [...]
House prices rise five times faster than expected June 5, 2014 House prices rose by 3.9 per cent in May, according to data from Halifax. Analysts had been expecting prices to rise by just 0.7 per cent this month. IHS Global Insight's Howard Archer says the increase "is a real bolt from the blue and at face value unsettling for policymakers." Values in the three months [...]
Asos share price crashes 42pc as it slashes margin guidance June 5, 2014 A shock announcement from Asos this morning. The online fashion retailer has cut its full-year operating profit margin from 6.5 per cent to 4.5 per cent. Investors have reacted with extreme wariness – the share price has just slumped over 42 per cent. Asos has been heading off the impact of a flurry of competition, heavy [...]
What you need to know before the open June 5, 2014 A steady start’s expected for European stocks this morning, as investors hold their breath ahead of the much-awaited European Central Bank’s policy meeting at lunchtime. We’re not expecting much when it comes to the latest interest rate decision from both the Bank of England, but anticipation is high around the ECB in terms of what [...]
Wi-Fi in planes set to land in Europe after Inmarsat reveals in-flight plans June 5, 2014 Mobile satellite services operator Inmarsat, has announced plans for an integrated telecommunications network to raise air passenger connectivity services across the EU. European passengers, in the near future, will be able to enjoy an unbroken onboard Wi-Fi service, such as those that have gained popularity in the US. The London-based company confirmed that it was in advanced discussion with British [...]
AO World trumps expectations with first annual results as a listed company June 5, 2014 In its first set of full-year results as a listed company, AO World has reported that revenues jumped 40 per cent to £384.9m over the 12 months. Analysts Numis this morning called the results “solid”, reiterating its positive outlook and buy recommendation for shares. Earnings before interest, tax, depreciation and amortisation came in slightly above [...]
Johnson Matthey reports jump in profits as chief executive steps down June 5, 2014 On the day its chief executive steps down, chemicals firm Johnson Matthey has reported a surge in profit before tax of 17 per cent to £406.6m, for the year ended 31st March. Meanwhile, revenue rose four per cent, with sales excluding precious metals jumping 11 per cent to £3bn. Emission control technologies outperformed the underlying [...]