Making voices heard: What Elena Baturina would do if she were London mayor for a day December 5, 2017 Elena Baturina has played an active role in charitable causes for many years, through her Be Open Foundation, supporting international projects in the field of arts, culture, design, education and sport. The Be Open Foundation currently supports the Mayor’s Fund for London’s City Pitch programme and London Children’s Festival, themed ‘Mayor for the Day’. How [...]
“Shorter, sharper” corporate governance code welcomed as step to restore public’s trust in business December 5, 2017 The UK’s top accounting regulator today publishes a “shorter, sharper” corporate governance code that aligns the pay of top execs and workers. Proposals by the Financial Reporting Council (FRC) were welcomed by leading HR and governance bodies. The code includes requirements for UK firms to ensure board appointments are “based on merit” rather than “group [...]
Antonio Conte insists Alvaro Morata can become world’s best striker December 4, 2017 Chelsea boss Antonio Conte has tipped club-record signing Alvaro Morata to become one of the world’s best strikers as his side prepare for their Champions League showdown with Atletico Madrid on Tuesday. Morata has scored 10 goals for the Blues since joining the Stamford Bridge ranks from Real Madrid for an initial £58m in July, [...]
Liverpool draw Everton in FA Cup third round as holders Arsenal head to Forest December 4, 2017 Merseyside will do battle on FA Cup third round weekend after seven-time winners Liverpool were pitched at home to Everton in Monday’s draw. It will be the first all-Merseyside clash in the competition since the 2012 semi-final, which Liverpool won 2-1 courtesy of a late strike from £35m club-record signing Andy Carroll after Luis Suarez [...]
Private schools operator GEMS Education picks banks for $5bn London float December 4, 2017 One of world’s largest private school operators has selected a raft of heavy-hitting investment banks as it prepares for $5bn (£3.7bn) London listing next year, according to reports. The owners of GEMS Education have picked JP Morgan, Credit Suisse, Bank of America Merrill Lynch and Morgan Stanley to lead the London initial public offering (IPO), [...]
Companies spinning out of UK universities have raised a record £1bn so far this year December 4, 2017 This year is set to be the best yet for companies spinning out of UK academic institutions, according to a new study. These university spinouts have managed to raise more than £1bn so far in 2017, according to research from law firm Penningtons Manches, with most capital going to those from the “golden triangle” of [...]
Trump’s tweets have more of an effect on market volatility than North Korean missile tests, finds Goldman Sachs December 4, 2017 Whether US President Donald Trump is making any headway in his campaign to Make America Great Again is hard to gauge. But there is one area where he is having a quantifiable impact, according to Goldman Sachs: market volatility. Analysts at the investment bank noted that in a year when volatility seemed stubbornly flat, rare [...]
Leo Varadkar confirms a Brexit deal on Irish border was in place before DUP phone call December 4, 2017 Leo Varadkar has confirmed that a deal on the Irish border had been agreed by both the UK and European Union – before talks broke down today. During a press conference, which took place three hours after schedule, the Taoiseach said the UK had “agreed a text on the border that met our concerns”. This [...]
Crystal Palace reveal £100m Selhurst Park transformation plans ushering in “new era” for the club December 4, 2017 Premier League strugglers Crystal Palace today released plans for a massive revamp of their Selhurst Park stadium. Costing between £75m and £100m, the club want to hike home capacity from 26,000 to more than 34,000 and wrap the ground in glass – paying homage to the historic original Crystal Palace exhibition venue. A new stand [...]
Brexit: Theresa May and Jean-Claude Juncker confirm no deal today after DUP phone call over Irish border December 4, 2017 An 11th-hour phone call between Theresa May and Arlene Foster scuppered hopes for a Brexit deal to be agreed today – putting the pressure on the UK and EU teams to make a breakthrough by the end of next week. Ahead of a critical lunch meeting between May and Jean-Claude Juncker, MEPs revealed they had [...]