Anti-doping expert hits back at Coe and cites IAAF lack of rigour August 12, 2015 AN EXPERT at the centre of the athletics doping storm hit back at Lord Coe yesterday and accused world governing body the IAAF of lacking the necessary rigour to oversee a clean sport. Michael Ashenden was one of two experts enlisted by the Sunday Times to analyse leaked blood test data, and concluded that hundreds [...]
The Glorious Twelfth is here: Make this your most stylish grouse-shooting season yet August 12, 2015 SWILLOW FEDORA IN CHARCOAL WITH BLACK BRAID & FEATHER BAND BY PENMAYNE Keep the sun out of your eyes and your aim true with a Penmayne fedora. The colourful feather is the perfect way to brighten up your shooting get-up. £299; williamandson.com HELMSLEY TWEED FIELD COAT No self-respecting grouse shooter takes [...]
Why bigger isn’t better in business August 12, 2015 Brands with a limited number of associations may resonate better with consumers The adage goes that the best things come in small packages. Larry Page, chief executive of newly-formed holding company Alphabet, seems to have taken this to heart. The decision to break down Google’s businesses and separate its more experimental arms from the [...]
Trade and status: China weakens yuan to gain advantage August 12, 2015 China plans to top the global hierarchy with its surprise move to devalue its currency China shocked the world yesterday when it devalued the yuan by nearly 2 per cent against the dollar. The surprise move brings its currency to a three-year low against the greenback and should help revive exports. The news [...]
Support for Disabled Children August 12, 2015 Every 10 minutes, a parent learns their child is disabled. The Lord Mayor is raising money to help support these families DISABILITY is an issue close to the Lord Mayor Alan Yarrow and his family’s heart. Their eldest son Max has a learning disability. His wife Gilly explains, “As parents of a disabled person, you [...]
Both a friend and a voice August 12, 2015 Mencap is a partner and voice for people with learning disabilities Mencap’s Head Office has always sat on the edge of the City of London — between Old Street and the Barbican — but this year Mencap are determined to make sure our message gets heard loud and clear right to centre of the Square [...]
Best of the Brokers for 12 August 2015 August 12, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com DAIRY CREST The Competition and Markets Authority’s welcome announcement this week indicating that it plans to accept remedies offered by Muller, the suitor of Dairy Crest’s liquid milk operations, has prompted Shore Capital to reaffirm its “buy” rating and target price of 603p [...]
China currency move pulls on mining stocks – London Report August 12, 2015 LUXURY goods firm Burberry was one of the hardest hit UK firms yesterday, after China devalued its currency, raising the costs of imports. The FTSE 100 closed down 1.1 per cent. Weakness in commodity stocks has contributed to recent declines in the index, which is now more than six per cent off April’s record high. [...]
Hornby completes £15m placing and makes junior market debut August 12, 2015 HORNBY, the toymaker behind Thomas the Tank Engine, has delisted from London’s main market and launched on Aim today as part of a radical turnaround of the troubled business. The Kent-based company said it has also completed a £15m placing, which will be used to pay down bank debt and fund its recovery. Hornby has [...]
Liabilities for pension funds outstrip assets August 12, 2015 THE ESTIMATED deficit of the 6,057 defined benefit schemes covered by the Pension Protection Fund (PPF) increased by over £20bn in July. The aggregate deficit of the schemes in the PPF 7800 index rose to £254.2bn, from a deficit of £223.1bn at the end of June. Total assets were £1,263bn and total liabilities were £1,517.3bn. [...]
