Apple’s chip maker Arm’s share price has dropped, despite upping its dividend by 25 per cent July 22, 2015 Apple's chip maker Arm Holdings's share price dipped this morning, despite upping its interim dividend 25 per cent after being buoyed by yet another strong quarter. The figures: Group revenues for the second quarter were up 15 per cent year-on-year in dollar terms, or 22 per cent in sterling. Most of that came from [...]
Galliford Try wins £1.5bn smart motorways contract July 22, 2015 Construction group Galliford Try has secured a £1.55bn contract to deliver Highways England's “smart motorways” programme in a joint venture with Costain. The programme is vast, adding a further 292 miles of extra extra lanes to motorways. The hard shoulder will be converted to a traffic lane, while the “smart” element adopts signing [...]
Red tape officers must allow banks to take risks: There’s no business without it July 21, 2015 It's clear there is still a major gap in understanding how growth can be maintained and stimulated by effective risk management, rather than restricted by focusing purely on compliance control as this recent report on soaring pay for so-called red tape officers shows. Some still blame excessive regulation for a stalling in financial firms’ [...]
Government spending review: More public land to be sold off for homes as George Osborne seeks £20bn in savings July 21, 2015 Remember, remember 25 November: that's when the government will publish its spending review, setting out exactly how it will cut £20bn to eradicate the country's deficit over the next five years. And it looks like that a pretty major literal land-grab will be taking place. The chief secretary to the Treasury Greg Hands [...]
No, Oracle of Omaha Warren Buffett did not just buy a Greek island for €15m July 21, 2015 Investing in Greece might seem like a bit of a risk right now, but what about Greek islands? Rumours have been sprouting that various celebrities – ranging from the likes of A-list couple Brad Pitt and Angelina Jolie and fellow actor Johnny Depp to the Oracle of Omaha Warren Buffett – have been snapping [...]
Enfield fire: 72 London firefighters are tackling a blaze on East Duck Lees Lane July 21, 2015 Firefighters are tackling a huge industrial blaze that has broken out in a pallet yard in Enfield this morning. In total there are 10 fire engines and 72 firefighters attempting to get the blaze under control. The incident is on East Duck Lees Lane in Enfield, north London. Fire crews from Chingford, Woodford, [...]
The blockchain won’t just change banking – it could help you buy your house July 21, 2015 There’s been a lot of attention focused on Bitcoin in recent years but arguably the most intriguing aspect of this crypto currency is the technology that underpins it – the blockchain. The blockchain facilitates Bitcoin and works by sequentially ordering blocks of transactions into a chain which is distributed to and can be viewed [...]
Travel chaos on South West Trains expected to continue until 3.30pm after person hit by train near Raynes Park July 21, 2015 Update: The man who was hit by a train at Raynes Park station, near Wimbledon, has been pronounced dead at the scene. British Transport Police attended the scene alongside London Ambulance Service at around 6:45am this morning. Officers are now trying to establish the man's identity. Raynes Park has reopened but South West [...]
Can GVC trump 888 over Bwin.party? Rivals square up over gambling site acquisition July 21, 2015 Who has the best hand when it comes to taking over Bwin.party? The gambling site may have secured a deal from 888, but now rival group GVC Holdings has confirmed it is in talks about how to get in on the action. Last week 888 made an offer for the business of 104.09p [...]
AO World share price soars as it plugs into turnaround July 21, 2015 AO World's share price leapt five per cent as markets opened this morning, as it appears to be plugged into a turnaround, with the group reporting growth amid a challenging trading environment. The figures: Earlier in the year AO World had forecast “muted” growth for its UK business over the first quarter. In the end, [...]
