Andy Murray hoping to serve an ace for Seedrs firms as tennis ace joins crowdfunding platform’s board June 7, 2015 Tennis ace Andy Murray may have suffered a defeat to Novak Djokovic at the French Open last week, but he is hoping to win off the court by getting involved in funding companies. Murray is announcing today that he is joining the advisory board of the online equity crowdfunding platform Seedrs, as part of what [...]
Air passengers in UK face highest flight taxes across entire world June 7, 2015 Brits flying off on long haul holidays this summer will pay nearly £50 more tax than travellers from other G7 nations, a new ranking of air passenger levies has found. UK travellers will pay £71 each in tax for a long haul economy flight, compared to an average £23 levied in France, Germany, Italy, Japan [...]
Inflation eats up £80bn over last five years June 7, 2015 UK SAVERS have seen the purchasing power of their savings lose £80bn since 2010, Henderson Global Investors said today. Since then, interest rates paid on cash savings have been outstripped by inflation. Around half of the UK’s collective wealth, or £729bn, is invested in cash accounts, with the overall average interest rate paid on this [...]
Ineos crowned biggest private company in UK June 7, 2015 Chemicals group Ineos has been named as Britain’s biggest private company according to The Sunday Times Top Track 100 report. Ineos was founded in 1998 by Jim Ratcliffe, a Lancastrian industrialist turned billionaire who built the business from scratch via a decade-long acquisition spree, snapping up unwanted operations from the likes of BP, Bayer and [...]
WPP shareholder Guy Jubb set to confront advertiser over boardroom pay practices as Martin Sorrell pockets £43m June 7, 2015 One of WPP’s top shareholders is set to confront the advertising giant at its annual general meeting this week over chief executive Sir Martin Sorrell’s £43m pay package. Standard Life’s head of governance and stewardship Guy Jubb is understood to be travelling from Edinburgh to WPP’s meeting in London tomorrow to address outgoing chairman Phil [...]
US buyout firm enters race for £2bn Tesco arm June 7, 2015 ANOTHER company has joined the clamour for a slice of Tesco’s data business which was behind the supermarket’s hugely successful Clubcard loyalty scheme. Hellman & Friedman, the US private equity firm, is the latest bidder said to be interested in Dunnhumby, joining a crowded line-up of potential buyers willing to splash out as much as [...]
Netflix to debut across Italy and Portugal as expansion rolls on June 7, 2015 NETFLIX is to take to the stage in Italy and Portugal this October, to add to the more than 50 countries where it is already available. Netflix made the big reveal in an announcement over the weekend in California, just days after it announced the service would soon be available in Spain. In March, the [...]
Watchdog must give its blessing to Plus500 deal June 7, 2015 THE UK’S finance watchdog will be asked for its blessing over a £460m takeover of Plus500 – amid an ongoing clampdown on the firm’s anti-money laundering procedures. The Financial Conduct Authority (FCA) will be asked to approve the change of control from its current owners to Playtech, majority owned by colourful Israeli entrepreneur Teddy Sagi. [...]
Crowds flock to ninth annual Jupiter Nocturne June 7, 2015 THOUSANDS of dedicated cycling fans gathered in Farringdon on Saturday night to watch elite cyclists race around London’s Smithfield Market. Jupiter London Nocturne attracted riders ranging from Olympic champions and Tour de France stars, to amateur enthusiasts. The free-to-attend event, which is hosted by fund management group Jupiter AM, is now in its ninth year. [...]
Our team takes bronze at Polo in the Park June 7, 2015 Mandarin Oriental Hyde Park Team Hong Kong lifted their first Chestertons Polo in the Park title yesterday, beating Powder Byrne Team Dublin 10-8. Earlier in the day, Team Abu Dhabi, sponsored byCity A.M., recorded an 8-5 win over Argentex Davos in the Runner Up Final.
