Hammerson (HMSO) share price drops as it agrees £3.4bn deal with Intu December 6, 2017 Property group Hammerson has made a recommended £3.4bn offer for rival Intu, in a deal the groups say will create a £21bn portfolio of retail developments across Europe. Shares in Hammerson dropped 3.5 per cent this morning, while Intu’s stock jumped more than 18 per cent. Hammerson has offered 253.9p per Intu share, equivalent to [...]
The DIY pension: Tips for selecting your Sipp December 6, 2017 Freedom has been the buzzword in the pensions world for years now, after the government decided to shake up the industry back in 2015. For many savers wanting to embrace their newfound freedom, a self-invested personal pension – or Sipp – is the perfect answer. Rather than relying on an insurance company to make investment [...]
Bitcoin price (BTC) smashes through $12,000 to reach a new record high December 6, 2017 Cryptocurrency bitcoin smashed through the $12,000 mark early this morning amid fears of a bubble among analysts. Bitcoin, which has risen more than 1,000 per cent this year, was up 6.12 per cent at $12,411.71 at the time of writing, according to Coindesk’s aggregate index. Naeem Aslam, chief market analyst at Think Markets said bitcoin’s [...]
Barclays chairman John McFarlane: Moving euro clearing away from London threatens global financial services December 6, 2017 Moving euro clearing away from London could send shockwaves across the global financial community, forcing up transaction costs and causing capital requirements headaches, one of world banking’s most influential voices has warned. Speaking at TheCityUK annual dinner at London’s Plaisterers’ Hall, chairman John McFarlane said Brexit in March 2019 is a reality that needs to [...]
Antonio Conte says Paris Saint-Germain and Barcelona will want to avoid Chelsea in last 16 after Blues miss out on top seed December 5, 2017 Chelsea boss Antonio Conte insists Barcelona and Paris Saint-Germain will hope to avoid his side in the last 16 of the Champions League after a draw at home to Atletico Madrid saw them finish second in their group. The Blues are likely to get one of Barca, PSG or Turkish champions Besiktas in next week’s [...]
Hong Kong horse racing betting tips: Back track and trip winner Rickfield to lead the way again December 5, 2017 Keep the best for last is an old adage which certainly looks true when summing up the Brazil Handicap (2.50pm) at Happy Valley this afternoon. This 1m1f handicap is worth around £180,000 and has a maximum field of a dozen contenders, of which the majority can be given chances on the best of their form. [...]
Successful quantitative easing is all about keeping the flow, rather than standing still December 5, 2017 Quantitative easing only works if central banks keep buying assets – rather than simply holding them – a Bank of England economist has written. A blog by the Richard Harrison, a member of the Bank of England’s monetary assessment and strategy division, urged central banks to resist the temptation of hanging onto assets they have [...]
Island Poké review: Hawaiian street food has hit the streets of Canary Wharf this week, so we try it out to see if it’s any cop December 5, 2017 Island Poké Broadgate Circle, EC2M WHAT? If you haven’t already said aloha to poké, the biggest street food trend of the year, then you better hurry up because there isn’t much of 2017 left. Pronounced pok-eh, the word means “cut” or “dice” in Hawaii. WHERE? The one we visited was nestled into the second tier [...]
Trevor Steven: Elite managers like Pep Guardiola, Jose Mourinho and Antonio Conte have restored English clubs’ fear factor in the Champions League December 5, 2017 During their dominant years of the 1970s and ‘80s there was an intimidating quality about English teams; even the top clubs on the Continent wanted to avoid them. With the Premier League’s finest flourishing in the Champions League again this season, that fear factor is starting to return. Their renewed success is down to an [...]
Brighton Pier Group putts into shopping centre leisure with £10.5m Paradise Island Adventure Golf acquisition December 5, 2017 The leisure group which looks after Brighton Pier has agreed the terms for an acquisition of Lethington Leisure, the owner of Paradise Island Adventure Golf. Brighton Pier Group (formerly Eclectic Bars) will buy the six-strong chain for £10.5m, in a move which chairman and stalwart leisure investor Luke Johnson says takes advantage of a growth [...]