Ackman: It’s good that Pershing Square’s share price has dropped October 13, 2014 Shares in Bill Ackman's closed-ended fund Pershing Square dropped by more than 10 per cent during its stock market debut – but Ackman has shrugged off the fall as a sign the stock was not overpriced. Pershing Square Holdings' shares were priced at $25 in the IPO, but plummeted as low as $22.30 during [...]
Da La Rue’s share price climbs after Bank of England confirms 10-year deal October 13, 2014 De La Rue's share price rose today after its 10-year deal to print sterling bank notes received the final approval. The printer and passport manufacturer will take on the new contract, producing bank notes from the Bank of England's base in Debden, Essex, in April. De La Rue, which has been printing bank [...]
Wikipedia founder Jimmy Wales to lead global push for ethical phone group TPO as it lists in London October 13, 2014 Ethical mobile phone company The People's Operator (TPO) is looking to list on London as it seeks capital to help fund global expansion using a similar model to Wikipedia. The London-based company, which allows users to donate 10 per cent of their monthly bill to charity, is planning to launch onto Aim in November. [...]
Tesco share price dips again after supermarket pulls out of Margate superstore October 10, 2014 Tesco's share price dipped again today after it emerged the troubled supermarket had ditched its controversial plans to build a megastore in Margate. Tesco had fought for years to be given approval for the seafront, with many in the coastal town arguing that the plans were “an eyesore” and would have made the regeneration [...]
Opinion polls show Ukip bounce after Clacton, Heywood and Middleton success October 10, 2014 Ukip is benefitting from an opinion poll bounce after the party's successes in Essex constituency Clacton and Greater Manchester's Heywood and Middleton. On October 9, YouGov's poll had Ukip taking 14 per cent of the public vote. Labour was marginally ahead of the Conservatives – 34 per cent compared with 33 per cent – [...]
Tesla Motors share price after self-driving car fails to materialise – but the Model D is still pretty cool October 10, 2014 Tesla Motors share price dropped yesterday, and is expected to fall further today, after the much anticipated self-driving car failed to materialise. Company chief executive Elon Musk had fuelled speculation that Thursday night would see a big reveal when he tweeted that it was “about time to unveil the D and something else”. [...]
BoE had prepared emergency bank fund in event of Scottish independence referendum Yes vote October 10, 2014 The Bank of England had prepared emergency funding if Scotland voted for independence, and warned over the possible impact it could have on the UK's credit rating, it has emerged. Minutes of discussions by the BoE's financial policy committee (FPC) published today show detailed contingency plans had been put together, including provisions for banks [...]
Odds for Ukip win in Rochester and Strood improve after Clacton victory October 10, 2014 The chances of Ukip winning the Rochester and Strood by-election have been boosted by today's big win in Clacton and the party's rise to become a serious challenger at Heywood and Middleton, according to bookmakers. The constituency is set for a by-election on November 6, after Conservative MP Mark Reckless defected to Ukip the [...]
Malala Yousafzay and Kailash Satyarthi win Nobel Peace Prize October 10, 2014 Pakistani schoolgirl Malala Yousafzay and human rights activist Kailash Satyarthi have been awarded this year's Nobel Peace Prize for their struggle against the suppression of children and young people, and the right for universal education. Satyarthi was praised by the Norwegian Nobel Committee for “maintaining Gandhi's tradition” throughout his many peaceful protests and demonstrations, [...]
Could today be a good time to ask for a pay rise? Microsoft boss Satya Nadella apologises for “karma” gaffe October 10, 2014 If you're a woman working at Microsoft, today might be a good day to ask for a pay rise. Yesterday the company's chief executive Satya Nadella had to issue an apology after he said women seeking pay rises should rely on karma, rather than asking their boss. During an event for women [...]
