Stride Gaming share price rises 2.55 per cent as online bingo firm declares first dividend after revenue and profit rises May 23, 2016 NULL
Stride Gaming share price rises 2.55 per cent as online bingo firm declares first dividend after revenue and profit rises May 23, 2016 Online bingo operator Stride Gaming has declared its maiden dividend, after posting a 21 per cent increase in revenue for the six months to 29 February. The figures Sales hit £21.6m in the first half, up from £17.9m in the same period of last year. The company, which operates online bingo brands such as Kitty [...]
FTSE companies are depressed about the economy – but they don’t really care about the upcoming EU referendum and the risk of Brexit May 23, 2016 FTSE 350 firms are pessimistic about the UK economy, but the prospect of Brexit doesn't seem to have fazed them, according to a new survey out today. Companies' confidence in the country's economy is at its lowest ebb since 2012, with just 12 per cent expecting an improvement over the next 12 months. This is down from 40 per cent [...]
EU referendum: Former 10 Downing Street adviser and close ally of Prime Minister David Cameron Steve Hilton backs Brexit May 23, 2016 Steve Hilton, a former No 10 adviser and a close ally of the Prime Minister, says the UK must vote to leave the EU. Hilton blasted the EU as "anti-market, stifling innovation and competition with its statism, corporatism and bureaucracy", in a Daily Mail article. "These are issues that a reformed EU might address," he [...]
City Moves for 23 May 2016 | Who’s switching jobs May 23, 2016 Together Specialist lender Together has appointed Colin Kersley to its retail board. As an independent non-executive director, Colin will also chair the retail audit committee. Colin was previously chief executive officer of M&S Bank (a wholly-owned subsidiary of HSBC) where he worked closely with the independent board to convert the card company to a bank, [...]
London companies lost £16bn in 2015 due to risks within their control – KPMG Enterprise May 23, 2016 Businesses in London lost around £16bn last year due to risks within their control, according to new research out today. Firms suffered particularly from an over-reliance on a small number of suppliers and customers, which left them vulnerable to "costly fractures in their supply chain and a loss of vital revenues", according to KPMG Enterprise. [...]
Sports data firm Guscio launches on Aim after purchasing Sportsdata and Dataplay May 23, 2016 Guscio, a technology company focused sports data has today begun trading on the alternative investment market (Aim) of the London Stock Exchange. The firm has bought two businesses – Sportsdata and Dataplay – for around £2.5m. Guscio purchased the two tech companies by issuing new shares, and also raised £1.5m with a placing of 37.5m [...]
Venezuela’s inevitable and miserable descent May 20, 2016 The lines start to form outside state-run supermarkets at dawn. As the sun rises, hundreds wait patiently in the hope that corn will be delivered in the afternoon. They are often disappointed. This is the reality of daily life for many in Venezuela, a country with the world’s largest reserves of oil and its highest [...]
City Moves for 20 May 2016 | Who’s switching jobs May 20, 2016 Lendinvest Capital LendInvest Capital, the fund management and advisory division of LendInvest, has appointed Jesse Mosebye from Scotiabank to join its expanding team. Jesse spent five years in Scotiabank’s European capital introductions team building investor relationships for the prime brokerage team’s hedge fund and asset management clients. He will work closely with Carl Giannotta, associate [...]
Online streaming sites like Netflix and Amazon Prime face a European programming quota under new EU rules May 19, 2016 New rules governing the content provided by online video streaming services such as Netflix and Amazon Prime are set to be announced by the European Commission next week. Streaming firms will be required to devote at least 20 per cent of their offering to European content, as the Commission tries to increase funding for Europe's [...]
