Olympic champ slams brother September 15, 2013 ATHLETICS: Olympic champion Alistair Brownlee hit out at his brother Jonathan yesterday, after the younger sibling lost the World Triathlon Grand Final to Javier Gomez in a sprint finish. The older of the Brownlees said his brother ended the race like a “complete tactical numpty”.
City marathon man races for GB in Triathlon final September 15, 2013 THE “FASTEST man in the City” Andrew Greenleaf – a consultant at financial services firm Capco – who came 45th in the London Marathon has upped his athletic game, competing for Team GB in the World Triathlon Grand Final yesterday. Greenleaf came in a very respectable 18th position out of 1,324 who finished the race.
Twitter confirms plans in listing worth at least $10bn September 12, 2013 SOCIAL media giant Twitter last night confirmed its intention to float, marking one of the most hotly anticipated listings in the tech sector since Facebook’s stock market listing last year. The web giant revealed the confidential filing on its own Twitter account, announcing that it had filed paperwork with US regulators. Goldman Sachs will [...]
Royal Mail privatisation worth £3bn to begin within weeks September 12, 2013 THE UK government yesterday began the formal process of floating the Royal Mail on the London Stock Exchange, confirming that an initial public offering (IPO) will take place “in the coming weeks”. The news came as the Communication Workers Union, which is committed to disrupting the privatisation, confirmed that it had been forced to [...]
Success for UK in fight to curb Brussels rules September 12, 2013 BRITAIN took a vital step towards curtailing the power of European financial regulators yesterday after a court ruled EU efforts to curb short selling gave away too much power to Brussels. A high ranking legal opinion from the European Court of Justice (ECJ) said the bid by EU-wide financial watchdog the European Securities and Markets [...]
Carney vows he will get tougher on high inflation September 12, 2013 INFLATION must be a priority for the Bank of England, its new governor told MPs yesterday, promising to do a better job of forecasting future price rises. Mark Carney also said he would be “vigilant” in making sure Britain’s booming housing market does not get out of control and cause another bust. And the governor [...]
Twitter’s float reminds us why we must privatise the Royal Mail September 12, 2013 COUNT on Twitter, that most modern of communication companies, to steal the thunder of the Royal Mail, an organisation founded by Henry VIII and now aiming to reinvent itself as a privatised, modern parcel delivery firm. For most of yesterday, the Royal Mail was the big story: the coalition confirmed the firm would be sold [...]
What the other papers say this morning – 13 September 2013 September 12, 2013 FINANCIAL TIMES Cameron crackdown on music piracy David Cameron has appointed a former music industry executive as his adviser on intellectual property, setting the stage for a government crackdown on copyright infringement. Mike Weatherley, MP for Hove and Portslade and former finance director for Pete Waterman’s entertainment businesses, will take on the newly created role [...]
Dell finally goes private as vote on deal passes September 12, 2013 STRUGGLING PC manufacturer Dell has been taken private, after investors gave the nod to a $25bn (£16bn) deal led by founder Michael Dell. Shareholders voted to accept Michael Dell’s offer of $13.88 a share yesterday at a special shareholder meeting. “I am pleased with this outcome… As a private enterprise, with a strong private equity [...]
Lehman claims roll on in Europe September 12, 2013 DESPITE collapsing nearly five years ago to the day, Lehman Brothers’ creditors are moving closer to recovering their claims, according to PwC. Lehman’s European arm has paid £652m to administrators who are tasked with attempting to resolve one of the most complex bankruptcies in history. However, this is only 2-3 per cent of what the [...]
