09 January on this day… January 8, 2015 1971: MANCHESTER United beat Chelsea 2-1 at Stamford Bridge, with goals from Alan Gowling and Willie Morgan. Tony Dunne (nearest ball) and Nobby Stiles (far left) are pictured. Now, as then, both teams were full of footballing stars and the contest a huge occasion – 53,482 watched this 1971 battle. But few of the today’s [...]
Expect another United victory at Old Trafford January 8, 2015 RELYING on Manchester United for any sort of consistency on the pitch has been a risky strategy this season. Under Louis van Gaal, they’ve produced a range of performances more diverse in quality than an opening round of Britain’s Got Talent, from the dire to the delightful. And yet somehow they’ve managed to remain unbeaten [...]
Palace can cause a shock with Pardew back in town January 8, 2015 HAVING already parted ways with Tony Pulis before a ball had even been kicked, Crystal Palace bizarrely became the next Premier League club to relieve their manager of his duties by replacing the lacklustre Neil Warnock with Alan Pardew. Pardew’s tenure at Newcastle drew praise and criticism almost in equal measure on and off the [...]
Who will go down from the Premier League? Spread betting on relegation January 8, 2015 SPORTING INDEX’S Premier League Relegation Index gives points to teams finishing in the bottom six places at the end of the season. They are awarded as follows: Bottom = 60pts, Second Bottom = 40pts, Third Bottom = 30pts, Fourth Bottom = 20pts, Fifth Bottom = 10pts, Sixth Bottom = 5pts. All others = 0. With [...]
TheTrainline.com IPO: Train ticket website steams ahead with £500m London flotation January 8, 2015 Train ticket website TheTrainline.com has confirmed plans to launch an initial public offering (IPO). In a statement to the stock market this morning, the private equity-backed site said it hopes to raise £75m, which would value it at around £500m. The company hired investment bank Morgan Stanley in July last year, in the wake of [...]
Charlie Hebdo shooting: Europe unites against terrorist outrage in Paris January 7, 2015 David Cameron’s long-awaited talks with German Chancellor Angela Merkel over EU reforms were overshadowed by tragic events in Paris yesterday, where hooded gunmen killed 12 people during an attack against satirical magazine Charlie Hebdo. Speaking at the British Museum with Merkel, the PM said: “What has happened in Paris is an appalling terrorist outrage. We must never [...]
Eurozone enters deflation giving Draghi upper hand January 7, 2015 THE EUROZONE has slipped into deflation as prices fell by 0.2 per cent year-on-year in December. It marks a significant fall from November when prices rose by 0.3 per cent, according to Europe’s official statistical office Eurostat. Economists have raised their expectations that the European Central Bank (ECB) will begin a large programme of asset [...]
Virgin Active IPO: London misses out as gym chain plans South Africa float January 7, 2015 Gym chain Virgin Active is looking for investment bankers to run the likely £1.5bn flotation of its shares on the Johannesburg Stock Exchange over the coming months. A South African sale would be a loss to London, as the brand has a strong presence in the UK. The group traditionally had more sites in the [...]
Barbour warehouse strike: Unions and bosses to meet at Acas this Monday January 7, 2015 Unions and bosses will meet on Monday to try to find a resolution to the strike at Barbour warehouses, City A.M. understands. Workers began a four-week strike at the start of this week, after the company changed working hours and some pay rates. Around 70 of the warehouses’ 130 staff are taking part in the [...]
Brevan Howard hedge fund has first annual loss January 7, 2015 Brevan Howard, one of the largest hedge funds in Europe, has recorded its first ever annual loss since its inception in 2003, it emerged yesterday. The firm’s primary macro fund, the Brevan Howard Fund, lost 0.82 per cent in 2014, according to a leaked letter to investors. The $24bn fund – run by co-founder Alan [...]