The Fugue can land fifth Group One in Sandown’s Coral-Eclipse July 3, 2014 THE CORAL-ECLIPSE at Sandown (3.50pm) is one of the highlights of the flat season, providing the first opportunity for the Classic generation to take on their elders. They receive 11lb from the older male horses in the field but, even with that concession, I have my doubts about 2000 Guineas winner Night Of Thunder staying [...]
Tournament totals spread betting July 3, 2014 THERE have been three major surprises at this World Cup. Costa Rica’s unlikely success, the number of goals that have been scored – at least in the group stages – and the leniency showed by the referees. There were an average of 2.8 goals per game throughout the group stages and we’ve already seen the [...]
Deadly Nightshade sculpture climbs the City walls and beyond July 2, 2014 A City worker strolls underneath sculptor Julian Wild’s “Deadly Nightshade” in its new temporary home on Bishopsgate as part of the Sculpture in the City exhibition, which kicks off today. There are 14 works in total spread out around the Square Mile. The exhibition runs until May next year.
Venture capitalist Tim Draper wins Silk Road $19m bitcoin auction July 2, 2014 Venture capitalist Tim Draper has been revealed as the winner of last Friday’s auction of 30,000 bitcoins, worth $19m (£11m), which were seized by US Marshals from the operators of the Silk Road, an online marketplace allegedly used for sales of illegal drugs and money-laundering. Reuters reported that Draper saw off 45 other bidders, who [...]
Mattioli boost to revenues July 2, 2014 Mattioli Woods reported yesterday that its total client assets were up 27 per cent, compared to the year before. In a trading update issued in advance of its final results for the financial year ended 31 May, it said its total client assets were £4.63bn. The specialist wealth management and employee benefits company announced its [...]
Sarkozy faces corruption probe July 2, 2014 French ex-President Nicolas Sarkozy was put under formal investigation yesterday, on suspicion he tried to use his influence by offering a judge a plum job in return for information about a probe into his 2007 election campaign. The step, which often leads to trial, is a blow to Sarkozy, who denies wrongdoing and had hoped [...]
HMRC denies new pay up front powers will cause bankruptcies July 2, 2014 HMRC yesterday dismissed claims that its proposed new powers to force firms and individuals to pay up front any disputed tax associated with a “tax avoidance” scheme will spark a rash of insolvencies. Accountancy firms have claimed that as many as 10,000 businesses could be affected by the accelerated payment notices, which are part of [...]
WPP buys into Guardian unit July 2, 2014 WPP yesterday announced the latest in a long line of bolt-on acquisitions, revealing that its data arm Kantar has bought a majority stake in the Guardian’s data visualisation department, Guardian Digital Agency. GDA, previously a part of Guardian News and Media, will be rebranded under the name Graphic and was bought for an undisclosed sum. [...]
PwC promotes 53 to partner July 2, 2014 ACCOUNTANCY giant PwC UK announced yesterday the promotion of a record 53 new equity partners – 20 per cent more than last year. Women make up 40 per cent of the promotions, a threefold increase on last year, with eight of them working flexibly. One-fifth of the partners were from a culturally diverse background, it said. [...]
Roche agrees to pay up to £1bn for US cancer drug firm Seragon July 2, 2014 Swiss pharmaceutical group Roche yesterday said it had agreed to pay up to $1.725bn (£1bn) for US biotech firm Seragon Pharmaceuticals, which researches breast cancer. Roche, which dominates the field of breast cancer drugs such as Herceptin, recently won approval for two new treatments, Kadcyla and Perjeta. San Diego-based Seragon, which was bought by Johnson & [...]
