Peterborough United chairman Darragh MacAnthony gives 11-point Twitter rant against employees after 2-0 loss to Colchester January 12, 2015 On his Twitter profile, Peterborough United FC chairman Darragh MacAnthony describes himself as “always positive in life”. This weekend, apparently, was the exception. After his League One team lost 2-0 at home against Colchester, the Irishman vented his spleen with an 11-point criticism of his players, the referee and even the fans, whose numbers have [...]
At last – 99p petrol is here… in Birmingham January 12, 2015 Motorists can finally fill up their tanks for less than £1 a litre – as long as they’re prepared to drive to the Midlands. The bargain petrol went on sale at the Harvest Energy service station in Birmingham for 99.7p. The motoring organisation RAC said the price was the lowest it had seen in the [...]
George Osborne warned oil and gas firms cannot afford North Sea tax regime January 11, 2015 The chancellor must drop taxes on North Sea oil and gas firms as quickly as he raised them, Oil & Gas UK said yesterday. Following the Autumn Statement in December, the Treasury said it would introduce a single basin-wide investment allowance, designed to “reward investment and simplify the tax regime”, as part of a package [...]
General Election 2015: Labour’s Ed Miliband refuses to rule out SNP deal January 11, 2015 Labour leader Ed Miliband yesterday said he does not want a coalition deal with the Scottish National Party following the general election, but refused to rule it out. Speaking on the BBC’s Andrew Marr show, Miliband said he was “not about doing deals”, and he was determined to win a majority – but would not [...]
Profits soar at deals specialist STJ Advisors January 11, 2015 Profits more than tripled at equity dealmaking firm STJ Advisors in 2013-14, the firm’s financial reports show. Since then it has benefited from the boom in the initial public offerings (IPO) market over 2014. STJ brought in £9.8m in revenues last financial year, up from £3.9m in 2012-13. That resulted in profits of £7.03m, up [...]
Countryside Properties appoints chairman ahead of likely float January 11, 2015 COUNTRYSIDE Properties will today announce the appointment of David Howell as its chairman, ahead of a planned stock market flotation next year. The building firm’s hire of the former Berkeley Group director is part of a wider move to bring its governance structure in line with that of a typical listed firm. As part of [...]
Fitness First is back in shape: £220m club revamp programme to be completed ahead of schedule January 11, 2015 Fitness First has taken another step on the treadmill back to financial health after announcing plans to complete its £220m club revamp programme one year ahead of plan. The gym chain, which came close to administration in 2012, launched a three-year plan to win back customers by introducing new equipment, sprucing up changing rooms with [...]
Jaguar Land Rover creates 1,300 UK jobs as it plans a new model January 11, 2015 BRITISH car-maker Jaguar Land Rover is to create 1,300 new jobs at its Solihull manufacturing plant. The company, which is owned by Indian industrial group Tata, has also confirmed today that it will add a new Jaguar performance crossover model to its product portfolio. The new model is set to go on sale in 2016. [...]
Canary Wharf owner Songbird to rebuff Qatari bidders again January 11, 2015 Canary Wharf owner Songbird Estates is expected to dash the Qatari sovereign wealth fund’s ownership hopes this week by issuing a firm rejection of the suitor’s £2.6bn offer. The Qatar Investment Authority, which has made the offer alongside Canadian firm Brookfield, already owns 28.6 per cent in Songbird but needs to win the backing from [...]
UK firms report activity slowing to 19-month low January 11, 2015 THE UK’s economic growth may have slowed towards the end of 2014, new survey data suggests. A purchasing managers’ index (PMI) – calculated from a survey of private sector firms – dropped to 55.2 in December from November’s 57.6, according to figures released by Lloyds Bank today. A PMI value above 50 signifies expansion. The [...]
