Not convinced? November 3, 2014 CHECK OUT THESE ALTERNATIVES… FERRARI 458 SPIDER PRICE: £198,997 0-62MPH: 3.0 secs TOP SPEED: 199mph CO2 G/KM: 307g/km MPG COMBINED: 21.2mpg THE VERDICT: DESIGN Five Stars PERFORMANCE Five Stars PRACTICALITY One Star VALUE FOR MONEY Three Stars PORSCHE 911 TURBO S CABRIOLET PRICE: £142,140 0-62MPH: 3.1 secs TOP SPEED: 198mph CO2 G/KM: 227g/km MPG COMBINED: 29.1mpg THE VERDICT: DESIGN [...]
Guy fawkes fireworks shows light up London’s skies November 3, 2014 LONDONERS celebrated the approach of 5 November this weekend with fireworks at Alexandra Palace on Saturday and at Richmond Park last night. A fireworks barge will end the Lord Mayor’s show on the Thames next Saturday.
Gordon Ramsay selling 50 per cent of his food empire Kavalake November 3, 2014 Gordon Ramsay is looking to sell a 50 per cent stake in Kavalake, the holding company for the celebrity chef’s expansive set of restaurants, which includes Ramsay’s eponymous flagship eatery in Chelsea and Bread Street Kitchen in the City. Ramsay is in discussions with accountancy and business advisory firm BDO in a bid to find [...]
Red Bull in talks to buy out Leeds United November 3, 2014 Massimo Cellino, the owner of Leeds United, is reported to be in talks to sell the club to energy drinks brand Red Bull. Executives from the brand, which owns football clubs in Brazil and Austria, are said to have been in Yorkshire since Wednesday to discuss acquisition of the club. Last month it was reported [...]
YFM Equity Partners invests in £6m buyout of Springboard November 3, 2014 YFM Equity Partners has invested £3m into the £6m management buyout of Springboard Research—a retail performance monitoring firm. The cash injection is aimed at allowing the Bedfordshire-based Springboard to build its business in the UK among retailers and property owners, and further expand in North America and Europe. As part of the deal, Thomas Bittleston [...]
HMRC to detail its spend November 3, 2014 HM REVENUE and Customs’ (HMRC) first annual tax summary – breaking down exactly how tax is spent by the exchequer – will become available to 24m taxpayers from today. Some 8m taxpayers who have completed self-assessment returns will be able to access their tax summaries online, while the remaining 16m PAYE taxpayers, who received a [...]
South West Water wins government grant November 3, 2014 SOUTH West Water has become the first company in the UK to win government funding to help replenish its ageing workforce, the business secretary Vince Cable will announce today. The money is part of Tomorrow’s Engineers Week funding to help businesses employ new staff, particularly women, in the engineering sector.
Camelot profits rise despite fall in Lottery sales November 3, 2014 CAMELOT UK Lotteries, the licensed operator of the National Lottery, has reported a boost in profits last year, despite falling ticket sales and charitable contributions. The company’s accounts yesterday revealed that its profits before income tax for the year up to March stood at £76.8m, increasing from £72.2m for last year. The company attributed the [...]
Best of the Brokers for 03 November 2014 November 2, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com DIRECT LINE Numis reiterated its “hold” rating following Direct Line’s results for the third quarter. The broker noted that the “recent trend of reducing in-force policies” slowed in the quarter, and said this was a positive sign that Direct Line’s pricing and efficiency [...]
Manufacturing figures point to slower growth – London Report November 2, 2014 MANUFACTURING figures due out today are likely to show a loss of momentum in the UK economy’s growth. The manufacturing purchasing managers’ survey for October is forecast to sit at 51.5, the same as for September and weaker than the rates of 52.2 in August and 54.7 in July. A reading of 50 shows no [...]