Police called to Boris Johnson’s home after reports of altercation June 22, 2019 Police were called to the home of Boris Johnson and his partner Carrie Symonds in the early hours of Friday after neighbours reportedly raised concerns over a loud altercation. A neighbour told the Guardian they heard a woman screaming followed by “slamming and banging”. Read more: Tory leadership race: Boris Johnson takes on Jeremy Hunt [...]
Game recommends Sports Direct takeover offer June 21, 2019 Game has recommended shareholders approve a £51.9m takeover offer from Sports Direct. The company said Mike Ashley’s offer of 30p per share represents a “fair value” for the group. Read more: Mike Ashley’s Sports Direct lines up game takeover Game said the takeover would help it drive forward its esports initiative Belong Gaming Arenas. However, [...]
Omnis Investments replaces Woodford with Jupiter Asset Management June 21, 2019 Wealth manager Openwork’s Omnis Investments has chosen Jupiter Asset Management to run a £317m fund that was formally run by Neil Woodford’s firm. Openwork removed Woodford Investment Management from the Omnis Income and Growth fund shortly after Woodford suspended its flagship fund on 3 June. Read more: Hargreaves Lansdown chief executive angered by suspended Woodford [...]
Trump: I cancelled Iran military strike to avoid 150 deaths June 21, 2019 President Donald Trump cancelled a retaliatory strike against Iran overnight because a general told him it would kill 150 people, he has tweeted. In a series of tweets this afternoon, Trump said the US military was “cocked and loaded” to retaliate with a series of strikes against Iranian military targets after Iran shot a US [...]
Sorrell’s S4 Capital to buy marketing firm Biztech as it ramps up global expansion June 21, 2019 Sir Martin Sorrell’s S4 Capital is set to snap up marketing tech firm Biztech in its latest bid to expand globally and take on traditional ad agencies. S4 Capital said Media Monks, its content division, has conditionally agreed a merger with the Melbourne-headquartered firm for an undisclosed sum. Read more: Sir Martin Sorrell: Traditional agency [...]
Mayor of London Sadiq Khan to close 12 miles of roads for Car Free Day 2019 June 20, 2019 Mayor of London Sadiq Khan is set to close 12.3 miles of roads in the capital for Car Free Day 2019. Khan’s road closures will span 18 London boroughs including major roads around Tower Bridge, London Bridge and the City of London for the event on Sunday 22, September. Read more: 500 London roads breach [...]
Hargreaves Lansdown chief executive ‘angered’ by suspended Woodford fund June 20, 2019 Hargreaves Lansdown chief executive Chris Hill said he is “angered” by the lack of resolution regarding Neil Woodford’s suspended flagship fund. The fund supermarket’s investors currently have £1.6bn exposed to the suspended Woodford equity income fund. Read more: Woodford failed to warn Hargreaves Lansdown of unquoted stocks breach Since the fund was last tradable on [...]
Sajid Javid favourite to be axed from Conservative leadership race June 19, 2019 Home secretary Sajid Javid is the favourite to be eliminated from the Conservative leadership contest when MPs vote in the next ballot on Wednesday afternoon. Javid scraped into the third round of voting when he picked up the minimum 33 backers required in a ballot on Tuesday. The last of all the candidates to launch [...]
Woodford failed to warn Hargreaves Lansdown of unquoted stocks breach June 19, 2019 Neil Woodford failed to warn Hargreaves Lansdown that his now suspended fund twice breached an investment limit in unquoted stocks. The fund supermarket had insisted Woodford Investment Management informed it if the equity income fund breached a 10 per cent limit. This followed concerns that the proportion of unquoted assets in the fund had increased. [...]
Facebook confirms launch of own cryptocurrency June 19, 2019 | City Talk By Gary McFarlane from interactive investor. The social media giant announces its own cryptocurrency, called ‘Libra’ that aims to be ‘global money’. Facebook (NASDAQ:FB) has announced Libra coin, a cryptocurrency that aims to be global money and is set to launch in early 2020. A new app is joining the Facebook family called Calibra (https://calibra.com/), which will act as [...]