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Business

  • Rouble edges up after falling to historic low against dollar and euro

    November 7, 2014

    The rouble recovered slightly against the dollar in late morning trading, after it dropped to historic lows against both the dollar and the euro. At one point in mid-morning, it took more than 48 roubles to buy a dollar, as investors showed their lack of confidence in the Russian central bank's ability to control its [...]

  • Rentokil shares open down despite rise in revenue and profit

    November 7, 2014

    Rentokil shares opened four per cent lower this morning, even after the company reported a rise in revenue in the third quarter.   The pest control company’s revenue jumped 3.3 per cent to £439m for the quarter, compared to the same period last year, while profit before tax rose 16.7 per cent to £48.8m.   [...]

  • Bottoms up: Fever-Tree share price fizzes in first day of trading

    November 7, 2014

    Doubles all round at posh tonic water maker Fever-Tree: shares in the company started trading on Aim this morning, jumping as high at 172p within minutes of the market opening, before settling back to 168.5p. Shares were priced at 134p when it listed a 60 per cent stake under the ticker "FEVR", which raised £93.3m, [...]

  • John Lewis Christmas 2014 ad campaign: The best spoofs the internet has to offer

    November 7, 2014

    John Lewis' Christmas 2014 advert looks set to beat its previous record for most viewed, most shared, most loved and most commercial.  Monty the Penguin had already had more than four million views on YouTube by this morning. But as every celebrity worth their salt knows, you've not made it until you've been parodied.    [...]

  • Londoners are the most accident prone in the UK: Almost a quarter have been hospitalised because of accidents

    November 7, 2014

    Londoners are more likely than anyone else in the UK to have accidents while going about their daily lives, according to a new study.   Comparison site Confused.com asked people from across the UK about the hazards they face and the accidents that happen as a result, and found the average Londoner puts themselves in [...]

  • Fitbug share price runs riot again as it launches new KiQplan programmes

    November 7, 2014

    Shares in Fitbug, the Aim-listed maker of fitness-tracking wearable tech, jumped in early trading after it unveiled a new "digital coach". Shares in the company leaped since the end of October, after it announced Sainsbury's and US retailer Target had agreed to stock its products. As it continued to rise, from 0.35p to a high [...]

  • UK immigration: Prime Ministers from Finland, Norway and Sweden warn David Cameron not to limit free movement of EU migrants

    November 7, 2014

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  • Virgin Galactic crash: Has Virgin lost its innocence?

    November 7, 2014

    To this day, my mother laments the moment I discovered girls. Before then, she forgave me nearly anything. A broad smile, cheeky shrug of the shoulders, and hey presto – I was out of trouble. She could overlook my many antics with an easy smile and a clear conscience. Kids will be kids.   But [...]

  • Songbird Estates share price falls after £1.6bn Qatari takeover bid for Canary Wharf is rejected

    November 7, 2014

    A £1.6bn takeover offer for Songbird Estates has been rejected by the Canary Wharf owner.   The offer, at 295p per share, was made by the Qatar Investment Authority (QIA) and US investor Brookfield Property Partners.   The Qatari sovereign wealth fund already holds a 29 per cent stake in Songbird, whose investment portfolio is [...]

  • Bovis Homes house prices expected to rise 10 pc in 2014

    November 7, 2014

    Bovis Homes expect the average sales price of one of its properties to be around 10 per cent higher this year than in 2013, and believes it will sell around 30 per cent more of them.   In an interim statement, the housebuilder said sales price had risen about 5 per cent for the period [...]

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