With Lloyds’ PPI bill topping £13bn, should regulators institute a time limit for claims? August 2, 2015 David Buik, a market commentator at Panmure Gordon, says Yes. Lloyds Bank’s decision to buy HBOS when it was drowning in toxic debt, and at an ultimate cost of £25bn to the taxpayer due to its bailout, was injudicious. But the “Black Horse” has recovered remarkably quickly. Though it is not involved in investment banking, [...]
Canon targets decent exposure from Rugby World Cup project: How camera giant plans to capitalise on this year’s major sporting event August 2, 2015 It is one of the most infamous moments in British sport. It is 1982, it is Twickenham, and England are playing Australia at rugby. The players, however, are mere bystanders. Erika Roe had bunked off work that day, but as she later explained, she was “a little bored” by the spectacle in front of her. [...]
The space age: Condeco’s Paul Statham talks trickle-down economics, expansion plans and why being a business leader feels so good August 2, 2015 Back in the early 1980s, the Statham family started an electronic security business in their garage. “We grew it into a fairly formidable company; we had 200 people working for us,” says Paul Statham, son, and now founder and chief executive of Condeco Software. The family sold Masco Security in 1999, in a multi-million pound [...]
Why I left the City to found a business – Investec Comment August 2, 2015 What makes a barrister, with a comfortable salary and a promising career, leave her job and risk everything by starting her own company? It’s a question – or a version of it – that many in the City with an entrepreneurial spirit will have asked themselves. I won’t pretend that it wasn’t a big decision [...]
Don’t be afraid to fire your failing staff: How to eliminate problem employees August 2, 2015 Are you frightened of firing your staff? If so, you’re not alone – it’s hardly surprising that most managers are. After all, such interactions are commonly known as the worst of “difficult conversations”. But what if I told you they were not, and said that it is both easy to sack staff and that you [...]
Community Shield: Jose swipe as Arsenal land the first blow August 2, 2015 AT WEMBLEY STADIUM ARSENAL 1 CHELSEA 0 CHELSEA boss Jose Mourinho aimed a double swipe at counterpart Arsene Wenger after Arsenal defeated the sluggish Blues to lift the FA Community Shied in the season’s curtain-raiser. England forward Alex Oxlade-Chamberlain proved the match-winner with a first-half clincher as Wenger recorded his first victory over Mourinho at [...]
Bell: Batting became easier with escalating scrutiny over my place August 2, 2015 RESURGENT England batsman Ian Bell revealed that escalating scrutiny over his place in the side provided the clarity of judgement which prompted a return to form during last week’s third Investec Ashes Test. Bell scored 53 and 65 not out as England dispatched Australia by eight wickets at Edgbaston to take a 2-1 series lead, [...]
Coe backs chiefs over doping row August 2, 2015 IAAF presidential candidate Lord Coe expects athletics’ world governing body to offer a “robust and detailed response” to fresh allegations of widespread doping in the sport. Leaked data indicates that as many as a third of medallists at Olympic Games and World Championships between 2001 and 2012 returned suspicious blood test results. The IAAF criticised [...]
£20m: Cost of Manchester United’s failed Angel Di Maria gamble August 2, 2015 Manchester United are poised to cut their losses on Angel Di Maria by selling Britain’s most expensive player to Paris Saint-Germain for considerably less than they paid under a year ago. Winger Di Maria, who cost United a record-breaking £59.7m from Real Madrid in late August 2014, was yesterday in the closing stages of [...]
Daley secures second medal August 2, 2015 BRITISH diver Tom Daley secured his first individual World Championship medal in six years after winning bronze in the men’s 10m platform event in Russia yesterday. The 21-year-old’s medal haul, which also included gold in the team event, ensured that Britain ended with a total of four medals – their best finish at a World [...]
