Britain’s Got Talent online games maker Gaming Realm’s share price rises as company posts 109 per cent revenue uptick September 13, 2016 Gambling games publisher Gaming Realms has won out with triple-figure turnover in the first half of the year, though an increased marketing budget ate into its earnings. The figures Revenue at the Slingo.com and Britain's Got Talent online games maker grew by 109 per cent to £16.6m in the six months to 30 June, up from £8m in the same [...]
Bob Diamond’s Atlas Merchant Capital searching for a new partner in Barclays Africa bid September 13, 2016 Atlas Merchant Capital, an investment vehicle led by former Barclays boss Bob Diamond to create a pan-African bank giant, is searching for a new partner to table a bid for Barclays Africa, City A.M. understands. It was yesterday revealed that private equity giant Carlyle had walked away from its consortium with Atlas in April this year. [...]
Activist investor benefits from James Bond studio takeover September 13, 2016 Crystal Amber Fund’s share price bumped up today after the activist investor said its net asset value (NAV) per share had “recovered strongly” after the EU referendum. The investor was boosted after its full year, ending 30 June, by the takeover of James Bond filmmaker Pinewood Studios, which Crystal held a 5.7 per cent stake [...]
BIS committee chair urges Mike Ashley to leave employment agency Transline Group behind September 13, 2016 Iain Wright, the chair of the Business, Innovation and Skills (BIS) select committee is pushing Sports Direct's founder Mike Ashley to ditch Transline Group, the agency that supplies workers for his Shirebrook warehouse. The BIS committee said in a report on the working practices at Shirebrook that Transline Group had been misleading in evidence given during [...]
Public support for Hinkley falls to an all-time low as UK decision looms September 13, 2016 Public support for plans to build the Hinkley Point C nuclear power plant has fallen to an all-time low, a new poll has shown, ahead of Whitehall's widely anticipated decision on the project. The survey of 2,000 people, by Populus on behalf of Greenpeace, showed a quarter are in favour of Hinkley, while 44 per cent oppose it. [...]
Before the bell: What you need to know before the US market open September 13, 2016 The chances of the Fed raising rates for the second time since the financial crisis next week are fading but it hasn't entirely put the brakes on the global stock sell off. Here's what you need to know before the US market open at 2:30pm London time. US futures are pointing down despite getting a [...]
This broker Shore is hopeful about Brexit opportunities, despite share price fall since vote September 13, 2016 Shore Capital’s share price fell two per cent this morning after the broker reported falling profits in the first half of the year. But executive chairman Howard Shore said the company can benefit from the EU referendum result, with Brexit providing the opportunity to remove certain regulations. The figures The company’s turnover came in at [...]
The UK’s EU referendum was the biggest nationwide vote since John Major was elected in 1992 September 13, 2016 June's Brexit referendum saw a higher turnout than any UK-wide vote for more than 20 years, the Electoral Commission has revealed. The figures confirmed that a massive 72.2 per cent of voters showed up to vote on 23 June, with almost 26.3m votes cast at polling stations. It means the referendum dwarfed every election since John [...]
European Parliament’s Brexit point man Guy Verhofstadt calls for speedy negotiation process September 13, 2016 The man appointed to lead the European Parliament's role in Brexit negotiations with Britain, Guy Verhofstadt, has called for a speedy conclusion to the process. Verhofstadt, an influential MEP who was Prime Minister of Belgium from 1999 to 2008, said on Twitter today that Brexit should be delivered by 2019, when EU politics enters into [...]
M&S boss Steve Rowe declines to meet MPs to discuss pay cuts for his staff September 13, 2016 M&S boss Steve Rowe has rejected an invitation to meet MPs to discuss the pay changes he is making for his staff and he has refused to accept their suggestion that he should commit to a three-year pay freeze. Some 70 MPs wrote to Rowe last week to complain about the pay changes he is making for employees, [...]