Aussies bowled over by Pom bats and balls August 10, 2015 WITH the age-old cricketing rivalry between England and Australia still going strong, an aversion to all things Pom might be expected of Australian cricket fans. Fresh from England’s glorious Ashes win over Australia, new figures reveal the rivals are the biggest buyers of cricket balls and bats and have bought 13 per cent more than [...]
Car repair site motors on with fresh funding August 10, 2015 A CAR repair price comparison site has secured fresh funding from ex-RAC chairman Sir Trevor Chinn and buyout firm Active Private Equity, co-owner of dining chain Honest Burger. WhoCanFixMyCar.com, founded in 2011 by ex-Nomura exec director Alistair Preston and former Mizuho trader Ian Griffiths, has secured an undisclosed amount from the two parties to help [...]
Chinese insurance giant Anbang nears £750m Heron Tower deal August 9, 2015 The Heron Tower in the City that is part-owned by property tycoon Gerald Ronson could soon change hands after a Chinese insurance giant emerged as a frontrunner to buy the skyscraper for £750m. Anbang Insurance, a privately owned group that last year snapped up New York’s Waldorf Astoria hotel for almost $2bn (£1.3bn), is close [...]
British Gas: Just 4pc applying to engineering roles are women August 9, 2015 British Gas has revealed that just four per cent of applicants to its technical and engineering apprenticeships are women. Since conducting an analysis of its intake, the company has launched a recruitment drive targeting young women, hosting open days and launching a new mentoring programme. Claire Miles, managing director for HomeCare at British Gas, said: [...]
TSB boss Paul Pester beaten in AJ Bell London Triathlon race August 9, 2015 TSB chief Paul Pester took to the Thames in Canary Wharf over the weekend for the AJ Bell London Triathlon, but was beaten in the race by regional managers from his own bank. Throughout the year, Pester has pestered TSB colleague from across the country to join him in completing the corporate leg of [...]
Oil analyst Iron goes Arch to Arc for charity August 9, 2015 IT’S NOT just banks hopping on the charity triathlon bandwagon. Aptly-named Tullow Oil analyst Freddie Iron, 24, is attempting to become the youngest ever finisher of the 300 mile Arch to Arc Triathlon, hoping to run, swim and cycle 300 miles from Marble Arch to the Arc de Triomphe. As just 22 people have come [...]
Hobbs’ losses widen after costly revamp August 9, 2015 Womenswear retailer Hobbs saw losses widen to £15.6m last year, despite a slight pick-up in sale as its new management team struggled to turn the chain around. The brand, whose fans include the Duchess of Cambridge, suffered a £15.6m pre-tax loss in the year to 31 January, up from £14m last time. Turnover rose from [...]
UK oldest bank C Hoare & Co comes into digital age with fresh app August 9, 2015 C Hoare & Co, the UK’s oldest private bank, is moving into the digital age with the launch of a mobile app. The bank, which has offered services to figures such as Lord Byron and Jane Austen, will launch the app more than 340 years after its historic foundation in 1672. The creation of a [...]
Profits jump 86pc at Qatari investment group QInvest August 9, 2015 QATAR’S largest investment group yesterday reported strong growth, ending the first half of 2015 with revenues up 40 per cent and net profit increasing 86 per cent, compared to the first half of 2014. All three of QInvest’s revenue-generating business lines – investment banking, principal investments and asset management – continued to cultivate new business. [...]
Virgin Money opens airliner-style lounge August 9, 2015 VIRGIN Money will open its sixth lounge in London’s Haymarket today as it seeks to differentiate itself from its rivals and boost footfall to local branches. The lounge – designed in the style of an aircraft cabin – will be kitted out with technology allowing customers to hold video conferences with advisers as well as [...]