Ho to make some Billionaires out of Pierre Ng’s Secret May 9, 2023 MIDWEEK racing in Hong Kong is back at Sha Tin for a fiendishly difficult but exciting eight-race programme on the all-weather surface. Racing fans in the city will be hoping that life returns to some normality after a ‘Wet and Wild’ Sunday at Sha Tin. Weather conditions wreaked havoc with the racing surface during the [...]
FTSE 100 close: Barclays and NatWest rise on London index as stalling house prices knock builders May 9, 2023 London’s FTSE 100 kick started a fresh week down today, with Britain’s biggest home builders sliding after new figures showed house price growth has stalled. The capital’s premier index nudged 0.18 per cent lower to 7,764.10 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, [...]
Rolls-Royce Phantom Series II 2023 review: Best of British May 9, 2023 Tim Pitt drives the Rolls-Royce Phantom Series II, a valedictory salute to the V12 engine before the British brand goes electric.
London life: Why even the wealthy are paying more, as cost of renting in hot spots soars May 9, 2023 The wealthy are not immune to the capital’s strained housing market with rent in prime London locations including Chelsea and Mayfair rising 50 per cent in just two years due to a lack of supply. The average rent of premier London pads grew by 50 per cent in the 24 months to April, according to [...]
60 business leaders warn Sunak to bring Great British Railway plans forward – or jobs and investment will be on the line May 9, 2023 Sixty business leaders have written to Prime Minister Rishi Sunak today, urging him not to delay legislation that would establish Great British Railways (GBR) beyond the current parliament. The letter, which was also addressed to Transport Secretary Mark Harper and Rail and HS2 Minister Huw Merriman, argued that pushing the reforms into the long grass [...]
Explainer: Will Michael Gove protect the Victorian outlook of Liverpool Street station? May 9, 2023 What do Stephen Fry – the actor and broadcaster – and Tracey Emin – the artist – have in common? A battle with Levelling Up Secretary Michael Gove, apparently. Both have called on Gove to stop the £1.5bn development project that would change the Victorian face of Liverpool Street station forever. The terminal of the [...]
Ryanair places multi-billion Boeing order as airline bets on boosting passenger numbers May 9, 2023 Ryanair has placed a multi billion dollar order for up to 300 Boeing 737 Max 10 jets in a deal which would mark the end of a dispute between the two aviation giants. The deal is estimated to be worth around $40bn (£31.7bn) based on listed prices, with a discount likely due to the sheer [...]
JD Sports: Why Peter Cowgill’s scandal-stricken exit was only a temporary blip in the brand’s race to the top May 9, 2023 JD Sports has no problem showing rivals how it’s done. This morning the ‘king of trainers’ kicked off its five year growth strategy, with a proposed acquisition of a leading French sports brand Courir, costing the brand a weighty £425m. As share price for JD Sports soared over three per cent this morning, it’s clear [...]
MicroStrategy’s Michael Saylor is proving his Bitcoin critics wrong May 9, 2023 Nigel Green applauds Michael Saylor for highlighting how his faith in Bitcoin is paying off for MicroStrategy.
Banking crisis: DIY investors piled into Credit Suisse and Silicon Valley Bank trades during turmoil May 9, 2023 Do-it-yourself investors piled into banking trades in the first quarter of the year as the sector was shaken by the collapse of Silicon Valley Bank and shotgun sale of Credit Suisse to UBS, new data has revealed.