Co-operative Bank backers could pump more cash into lender as hopes of takeover deal fade May 1, 2017 Co-operative Bank may have to turn to existing investors for more funds as hopes of a takeover fade. The bank’s backers could take control of the business, which is currently 20 per cent owned by Co-operative Group, if no final bids are submitted ahead of a Friday deadline. Read more: Shareholders spring more pay surprises [...]
Tokamak Energy wants to put fusion power on the grid by 2030 – and now it’s one step closer April 28, 2017 The boss of a private energy venture has said fusion power is achievable in “years, not decades” as the company announced the UK’s newest fusion reactor has been turned on for the first time and has officially achieved first plasma. Tokamak Energy’s new reactor, the ST40, aims to produce plasma temperature of 100m degrees by [...]
Premier League Betting: Tottenham Hotspur will have to wait before ending St Totteringham’s Day curse against Arsenal April 28, 2017 The final day of last season still sends shivers down the spines of Tottenham fans. Needing just a point to finish above Arsenal for the first time in 21 years, Spurs were beaten 5-1 by already relegated Newcastle – allowing Gunners fans to celebrate ‘St Totteringham’s Day’ for yet another year. Since 1995, Spurs have [...]
The General Election 2017 has neutralised the government’s Northern Ireland problem, caused by Sinn Fein and DUP intransigence on forming a new power-sharing executive April 28, 2017 The Prime Minister’s announcement last week that she would seek parliamentary approval for a General Election caught everyone by surprise, not least the parties in Northern Ireland. Prior to it, the prospect of a deal to form an Executive and restore Northern Ireland’s political institutions, after the collapse of power-sharing earlier in the year, appeared [...]
London is now one of the five cities with the lowest house price growth in the UK April 28, 2017 London is now one of the five cities with the lowest house price growth in the UK, and has been overtaken by a slew of regional cities such as Manchester, Birmingham, Portsmouth and Leicester. In March, house price growth in London was just 4.9 per cent, according to Hometrack. Manchester, Birmingham and Bristol, the top [...]
Malaysian Formula One boss: Liberty Media needs help and Bernie Ecclestone suckered us good and proper April 27, 2017 The boss of Malaysia’s Grand Prix circuit has blasted Formula One’s new owners Liberty Media, saying no one at the US corporate giant understands the sport apart from F1 veteran Ross Brawn. The Sepang International Circuit will host its final Grand Prix on 1 October, ending a 19-year relationship with the sport. Dato’ Razlan Razali, [...]
The architectural legacy of Queen Elizabeth II: Which buildings will define the reign of the current monarch? April 27, 2017 Looking over Westminster from Albert Embankment, a Victorian transported to the 21st century might be confused by the city before them. A host of tall, shiny towers clutter the South Bank; a great revolving wheel looks like a fairground attraction; and in the distance, a peculiar shard of metal emerges out of the mist. These [...]
Anthony Joshua v Wladimir Klitschko: Wembley and Matchroom bosses reveal how to make the mega-fight April 27, 2017 In essence, boxing remains as simple and stripped down a sport as it has for generations — two men glove up, step into a ring and attempt to knock a few brain cells out of each other. Yet taking a mega-fight like Anthony Joshua against Wladimir Klitschko out of fans’ fantasies and into a worldwide [...]
Heathrow Airport raises its full-year forecast on soaring passenger numbers as it gears up for best ever year April 27, 2017 Heathrow has upgraded its 2017 full-year forecasts after a rise in passenger numbers as well as cargo demand at the London airport. Read more: Heathrow owner Ferrovial puts the brakes on UK investment due to Brexit The figures The UK’s biggest airport posted a 17.4 per cent rise in pre-tax profits to £27m in the [...]
Pret A Manger sales jump as consumers go nuts for coconut porridge April 27, 2017 Pret A Manger sales hit another record in 2016 as its customers went berserk for coconut porridge – and were rewarded with 1.7m free coffees. The figures The cafe chain said sales rose 15 per cent to £776.2m in the year to the end of December, with like-for-like sales rising 4.8 per cent. It opened [...]