Rangers confirm approach from Phoenix Suns owner Robert Sarver and lands £500,000 loan from Sandy Easdale January 5, 2015 Rangers Football Club have confirmed they have received an offer from American financier Robert Sarver for the controlling stake in the club. Yesterday there were several reports that Sarver, who owns the Phoenix Suns basketball team, had made an offer of £18m. Rangers confirmed reports in the press in a statement this morning: The Company [...]
Euro falls to nine-year low as investors eye ECB policy January 5, 2015 The euro tumbled to a nine-year low against the dollar this morning after the European Central Bank (ECB) hinted quantitative easing could be on the way and disputed reports Germany was preparing for a so-called "Grexit." The common currency slid to $1.1860 in pre-market trade, its lowest level since March 2006. It also pushed the [...]
City warns of triple threat to its future as European immigration tensions mount January 4, 2015 Boris Johnson and businesses across London are on a collision course with the government over European immigration, as a new report warns that turning away talented workers will hurt Britain. Increasingly harsh anti-immigrant and anti-EU rhetoric is putting talented European and global workers and entrepreneurs off coming to the UK, according to the report from [...]
Cork blimey! Christmas champagne outsells semi-skimmed milk at Lidl January 4, 2015 Shoppers at budget supermarket chain Lidl bought more champagne than semi-skimmed milk this Christmas, the retailer has revealed. Figures show that savvy customers snapped up so many bottles of Lidl’s £11.99 Comte De Senneval champagne that it knocked the store’s usual bestseller, semi-skimmed milk, off the top spot for the festive season. The champagne has [...]
The sky’s the limit for Walkie Talkie diners January 4, 2015 CITY-workers looking for a pick me up to soothe the January blues can now take that phrase literally and look to the top of London’s curviest new skyscraper, the Walkie Talkie. The block on Fenchurch street will today fling open the doors to its much-anticipated sky garden, a public green space on the roof of [...]
Tories launch pre-election attack on Labour spending January 4, 2015 George Osborne will today launch a stinging attack on Labour ahead of the election, claiming that a win for Ed Miliband’s party would spell billions of pounds of unfunded spending commitments and tax hikes for the UK. The chancellor is set to unveil detailed spending analysis by Treasury officials of the policies Labour has already [...]
David Cameron’s absence from Labour spending review launch is a subtle but clever political trap – Bottom Line January 4, 2015 David Cameron’s decision not to attend the launch of a key spending review into Labour’s election pledges this morning speaks volumes about the type of campaign he plans to run. Up until now commentators have predicted that the Tories will use the Prime Minister at every given opportunity, safe in the knowledge that Ed Miliband’s [...]
German deputy: Greece will stay in the Eurozone January 4, 2015 GERMANY wants Greece to stay in the Eurozone, Angela Merkel’s deputy has said. Vice chancellor Sigmar Gabriel said the Eurozone has become more resilient and countered claims that Berlin believes the currency union could survive without Greece as a member. “The goal of the German government, the European Union and even the government in Athens [...]
Jobs market in City surged by one fifth in 2014 January 4, 2015 CITY hiring jumped by a fifth last year, as the continuing UK recovery and increased business confidence opened up 33,063 new jobs. And recruitment firm Astbury Marsden says that healthier market conditions in the City means many workers are expecting bigger bonuses for their performance last year. Figures showed an 18 per cent jump in [...]
Cameron in new bid to win over Merkel for EU and US trade talks January 4, 2015 DAVID Cameron hopes to win over German chancellor Angela Merkel as an ally in opening up freer trade with the US, when she visits the UK this week. The British government wants the Transatlantic Trade and Investment Partnership (TTIP) to be as deep and wide-ranging as possible, and fears its positive effects on economic growth [...]