I recreated all my favourite TV tropes, from crawling through pipes to being two kids in a trenchcoat
Electra board rallies investors against Edward Bramson’s offensive October 5, 2014 Electra’s board faces a crunch vote at today’s annual general meeting, as shareholders decide whether or not to elect an activist investor to the board to shake up the private equity firm. The board has been in a series of last-minute meetings with investors over the past week, in a bid to convince them not [...]
Yahoo in talks to invest in Snapchat app October 5, 2014 Yahoo is in talks to use part of its war chest from selling down its stake in Alibaba to invest in photo messaging app Snapchat. The start-up, which was launched in 2011 by three Stanford University students, is in the process of raising a new round of investment valuing it at around $10bn (£6bn). Yahoo [...]
UK house prices could fall due to stricter mortgage lending rules October 5, 2014 House prices could fall next year due to stricter rules on mortgage approvals and potential buyers being put off by rate hikes, according to the Centre for Economics and Business Research (CEBR). A combination of rising interest rates and tougher mortgage eligibility could depress demand significantly – enough to cause house price growth to hit [...]
Even Her Majesty will have to pay mansion tax on Buckingham Palace, says Labour’s Ed Balls October 5, 2014 THE QUEEN would be subject to the Labour party’s proposed mansion tax shadow chancellor Ed Balls said yesterday, along with other wealthy property owners. Buckingham Palace, Her Majesty’s London residence, is said to be worth more than £1bn what with a sought-after central location and a large amount of space. However, the monarch is not [...]
Liberal Democrat party conference 2014: The ties are off! Danny Alexander is up for election fight October 5, 2014 Perhaps Danny Alexander fell victim to a particularly saucy bacon sandwich in between his appearance on Sky News yesterday morning and his speech at the party’s conference just a short while later. Maybe it was a baby-kiss photo op gone wrong, or a sudden gust of wild Scottish wind that carried his on-message, fresh-out-of-the-box yellow [...]
Freemen drive flock of sheep over London Bridge October 5, 2014 Nobody ever takes it seriously – you’re a freeman of the City? Doesn’t that mean you get to drive a sheep over London Bridge, ha, ha? But it really is an age-old tradition which the Worshipful Company of Woolmen is keen to maintain, and they made full use of the honour bestowed on them to [...]
Correction October 5, 2014 James Crabb There was a very unfortunate editing error in Friday’s article on James Crabb in The Capitalist. We intended to write that Mr Crabb had “struck out” from his former role as Deutsche Bank MD to start up his own company – a pocket concierge app called Source – but what we actually printed [...]
Grant Thornton boasts its fifth strong year but CEO Scott Barnes isn’t bragging October 5, 2014 Grant Thornton’s chief executive Scott Barnes is not a man given to extravagant outbursts. Today, the financial adviser’s yearly report boasts of “a fifth successive year of strong results”, with revenue breaking through the £500m mark it had targeted for next year. As Barnes took over as boss six years ago, that consecutive [...]
City vacancies up by half on strong recovery October 5, 2014 BOOMING markets and a surge in stock market flotations have led to a huge jump in hiring in financial services, recruiters Astbury Marsden said today. The firm found 3,470 new City jobs were created in September, up 34 per cent on the 2,580 new vacancies in August, and up 46 per cent on the 2,380 [...]
UK exposed to greater Ebola risk unless flights to west Africa cut October 5, 2014 THE RISK of Ebola being imported into the UK before the end of October is as high as 50 per cent, scientists have predicted. Heathrow’s status as one of the world’s biggest travel hubs puts the UK at great risk of a traveller entering the country unknowingly carrying the virus. But scientists have calculated that [...]