Balfour investors happy despite loss August 13, 2015 SHARES in Balfour Beatty jumped by nearly four per cent yesterday, despite the company reporting a £150m loss. The rise in share prices will be seen as an endorsement of chief executive Leo Quinn’s performance in turning around the company, after he was poached from QinetiQ last year. During the financial crisis, Balfour Beatty accepted [...]
Sainsbury’s TU clothing website goes national August 13, 2015 Sainsbury’s has launched its TU clothing website across the UK for the first time today, as it seeks to challenge high street rivals and bolster its position in fashion. The supermarket chain, which has been trialling its online service since August last year, said its TU womenswear, menswear and childrenswear are now available for next [...]
David Coulthard-backed company Whisper Films receives Channel 4 investment August 13, 2015 Channel 4 has taken an equity stake in Whisper Films, a London-based production company specialising in sports content. The investment was made through the £20m Channel 4 Growth Fund, which was launched at the beginning of 2014. Whisper Films was established in 2010 by former Formula 1 driver David Coulthard, TV presenter Jake Humphrey and [...]
Tony Blair to Labour supporters: Love me or hate me, don’t vote Jeremy Corbyn August 13, 2015 Former Prime Minister Tony Blair has ramped up his efforts to stop the Labour party from electing far-left candidate Jeremy Corbyn as its next leader. Writing in the Guardian today, Blair said: “The party is walking eyes shut, arms outstretched over the cliff’s edge to the jagged rocks below.” He added: “It doesn’t matter whether [...]
Let’s get fracking: Government pledges to clamp down on sluggish planning applications August 13, 2015 The government has taken its biggest step yet towards giving the green-light to fracking, saying today that ministers could override local councils and fast-track planning applications. Whitehall will intervene when shale gas planning applications to local authorities are “dragged out for months, or even years on end”. The announcement comes less than two months after [...]
Medics round on Chelsea in Carneiro row August 13, 2015 CHELSEA have suffered a major backlash over the decision to remove club doctor Eva Carneiro and physio Jon Fearn from the bench following criticism from manager Jose Mourinho. The Blues boss complained Carneiro and Fearn had been “impulsive and naive” for rushing onto the field to treat stricken star Eden Hazard during Saturday’s 2-2 Premier [...]
More significant things in life than golf tournaments, admits McIlroy August 13, 2015 FIT-AGAIN Rory McIlroy will head into today’s opening round of the PGA Championship at Whistling Straits with a new-found perspective borne out of his enforced injury absence. World No1 McIlroy feared he had broken an ankle while playing football on 4 July, but a ruptured left ankle ligament was severe enough to sideline the 26-year-old [...]
Cricket Comment: Cook has earned his captaincy spurs August 13, 2015 Vice-skipper Root should be allowed to focus on batting BEFORE the Ashes started the majority of people were saying that Alastair Cook should relinquish the England captaincy but he has proven all the doubters wrong. Alastair led the team extremely well and out-captained Australia skipper Michael Clarke in the same way that Clarke out-captained him [...]
Struggling banks must not be immune to watchdog’s bite August 12, 2015 It's two years since “saying it with Flowers” gained entry into the lexicon of British banking. This week’s dual censure from the banking and City regulators will have felt like groundhog day to Niall Booker and the rest of the Co-operative Bank’s management. The Treasury Select Committee and a review by Sir Christopher [...]
CLS Holdings portfolio sees surge in value August 12, 2015 CLS HOLDINGS has seen the value of its portfolio jump four per cent to £1.4bn in the past six months on the back of the economic recovery and demand from companies being priced out of central London areas. The FTSE 250 property group, which owns assets in the UK, Germany, France and Sweden, said pre-tax [...]
