History made as Wayne Rooney breaks England record against Switzerland September 9, 2015 An emotional Wayne Rooney basked in the glory of assuming the status of England’s all-time leading goalscorer after his side secured top spot in Group E with victory over Switzerland at Wembley last night. Skipper Rooney scored his 50th international goal – a 300th for club and country – to surpass Sir Bobby Charlton’s record, [...]
Radcliffe fights back after slur by parliament September 9, 2015 BRITAIN’S Paula Radcliffe admitted that she felt compelled to issue a staunch rebuttal after accusing a parliamentary committee hearing of implicating her in the doping crisis which has engulfed athletics. Marathon world record holder Radcliffe, who retired from competitive athletics earlier this year due to a persistent foot injury, was not named specifically in the [...]
Save money on your overseas transfers and payments September 9, 2015 If you use your high street bank to make payments overseas, then you may be paying more than you bargained for There are a number of reasons people need to send money overseas. Common examples include buying and selling international property, or sending money home if you are working overseas. An increasingly connected world means [...]
House prices: China stock market crash ripples add to overseas and UK property costs September 9, 2015 City A.M. billed it as ‘Shanghai Shockwave’ and that summed up the wider impact of China’s great sell-off. Stock markets tumbled the world over and mainstream newspapers conveyed public concerns over pensions and investments. The currency market was also rocked. The pound weakened sharply against the euro as expectations of a Bank of England interest [...]
EU referendum: Process stories about ‘purdah’ rules distract us from the real European Union debate – The City View September 8, 2015 It probably isn’t too much of a stretch to say that for the vast majority of people, “purdah” might as well be a brand of cat food. And yet this arcane device (limiting the activity of government during a campaign period) is currently at the heart of what passes for the debate around the [...]
Metro Bank gets the ball rolling on long-awaited London float September 8, 2015 CHALLENGER retail bank Metro Bank, is in talks with advisers as it gears up for a float on the London Stock Exchange that could value it at more than £1bn. Metro Bank has asked investment bankers to pitch for roles advising on an initial public offering (IPO), according to Sky News. The IPO could come as [...]
Shop prices fall in August after a wave of discounts on high street September 8, 2015 CONSUMERS benefitted from another drop in shop prices in August, driven by falling commodity prices and fierce competition on the high street. Prices fell by 1.4 per cent last month, which was the same rate as July, according to the latest monthly index released today by Nielsen and the British Retail Consortium (BRC). The trade [...]
Winkworth blames election for profit drop September 8, 2015 WINKWORTH shares dropped 6.5 per cent yesterday after the estate agent blamed the slowdown in activity ahead of the UK General Election for a sharp fall in profits. The company said revenues rose by 3.2 per cent to £2.57m in the six months to 30 June. This was against a very positive sales record last [...]
International students splash out £600m in rent on flats in London September 8, 2015 London’s international student population is contributing £600m in rent to the capital, new research shows, with some of the wealthiest students spending three times the average UK worker on their home. The student property sector has boomed in recent years thanks to rising student numbers and an undersupply of flats to house them, with UK [...]
Cinven private equity makes another healthy pharma sale September 8, 2015 CINVEN private equity group announced it will sell British-based drug maker AMCo to Canadian pharma group Concordia. The deal, which is expected to close by the end of this year, values AMCo at £2.3bn, including debt. The sale will be made with a combination of around £780m in cash, £455m in shares and a performance-based [...]