Godolphin to mount Strong Challenge in Vintage Stakes July 27, 2015 Glorious Goodwood has been deprived of the Superlative Stakes rematch between Richard Fahey’s Birchwood and Aidan O’Brien’s Air Vice Marshal in this afternoon’s Qatar Vintage Stakes (2.35pm) as the latter was ruled out yesterday. However, a decent field of eight are still set to go to post for the Group Two where Fahey’s son [...]
Market leaders could be troubled by conditions in the Lennox Stakes July 27, 2015 Even though a field of nine are set to contest today’s Group Two Lennox Stakes (3.10pm) at Goodwood, the betting suggests that only two stand a chance of winning. Last year’s runner-up Toormore is the 7/4 favourite, with Dutch Connection just behind at 5/2, and he is expected to go close again after a solid [...]
Dunlop’s dreams of success for Oasis Fantasy can come true July 27, 2015 Racing fans have their favourite trainer and jockey combinations at all courses and Goodwood is no exception. So if the Ed Dunlop-trained and Richard Hughes-ridden OASIS FANTASY gets his nose in front in the Summer Stakes (3.45pm) this afternoon it is bound to be greeted by a cheer or two. Critics suggested Hughes [...]
Bank chiefs to be given ethics quiz: Banking Standards Board kicks off cultural audit of UK’s lenders July 26, 2015 The City body tasked with restoring faith in the UK banking system is set to write to the chairmen of Britain’s biggest lenders, quizzing them on their firms’ ethics and culture – the first major initiative by the taskforce to bolster integrity in the sector. The Banking Standards Board (BSB), chaired by former telecoms regulator [...]
Moody’s says homeowners can cope with higher interest rates July 26, 2015 The majority of British homeowners could comfortably cope with a moderate rise in interest rates, Moody’s has said this morning. Only about one per cent of borrowers would be unable to cover mortgage payments and meet their living expenses if interest rates rose by one per cent from their historic low of 0.5 per cent, [...]
Bank of England maverick opens up dividend debate July 26, 2015 THE LABOUR chair of an influential parliamentary committee has said MPs will consider the view, raised by a senior Bank of England economist, that companies are paying out too much in dividends instead of investing cash back into their businesses.
Indian billionaire buys Great Scotland Yard for £110m July 26, 2015 THE HISTORIC home of London’s Metropolitan police will be converted into a luxury hotel – with rooms up to £10,000 a night – after it was bought by Yusuffali Kader.
Jeremy Corbyn’s rise is no shock to famous author Stiglitz July 26, 2015 Outspoken economist Joseph Stiglitz said yesterday that the rise of extreme socialist candidates such as Jeremy Corbyn is a predictable consequence of austerity measures imposed across Europe since the financial crisis.
Bank of England intervention sparks debate over dividends after Andy Haldane says firms too focused on shareholders July 26, 2015 Surprising new suggestions from Bank of England chief economist Andy Haldane have opened up a debate over shareholder power. Haldane told the BBC on Friday that firms are “almost eating themselves” by focusing too much on returns for shareholders and not enough on long-term investment. “The profits that businesses are earning are being used not [...]
Tories under fire over all-male shortlist in London mayoral race July 26, 2015 The Conservative party is facing fallout over its all-male shortlist of candidates to replace Boris Johnson as mayor of London. CCHQ said over the weekend that voters would be able to choose among London Assembly member Andrew Boff, Richmond Park MP Zac Goldsmith, London MEP Syed Kamall and deputy mayor Stephen Greenhalgh in an open [...]