Back to form Snedeker has weapons to tame Augusta April 7, 2015 THE WORLD’S greatest golf tournament hits our screens again this week and with it the game’s greatest ever player, returning to his favourite course after missing last year’s event with a back injury. In his pomp Tiger Woods was simply majestic around Augusta, winning four times and finishing inside the top six on eight other [...]
Blixt looks big at 40/1 to blitz European rivals April 7, 2015 OF ALL the major golf courses in the world, Augusta really is one where the term horses for courses applies. As good as they are elsewhere, some players just can’t handle it. Rory McIlroy is the 13/8 favourite in the top European market. But at a much bigger price I’m going to have a few [...]
Greek Prime Minister Alexis Tsipras flies to Russia as talks with Brussels drag on April 7, 2015 The Prime Minister of Greece will fly into Moscow today for talks with Russian President Vladimir Putin amid ongoing concern that the Mediterranean country will run out of money this month. Alexis Tsipras' meeting had originally been scheduled for May, but has been brought forward, raising suspicions that Greece plans to gain funding from [...]
KPMG tells banks – Slash costs to get back to healthy profits April 7, 2015 Britain’s big banks must slash their bloated cost bases if they are ever to return to sustainable profitability, analysts at KPMG warned today. The largest lenders are all struggling to make steady returns. Despite improvements in profits last year, none of the big five made returns on equity of above eight per cent. That is [...]
Michael Bloomberg’s mayor of London bid played down by former New York deputy and colleague Howard Wolfson April 7, 2015 Will he or won’t he? That’s the question people are asking about Michael Bloomberg after suggestions he might be lining himself up to run as the Conservatives’ candidate for mayor of London. The whispers began after it was reported that friends of Bloomberg, founder of the financial news agency, were urging him to consider the [...]
Spring has finally sprung for the workers in the City April 7, 2015 LONDONERS basked in glorious spring sunshine yesterday as temperatures soared across the capital on a warmer-than-average Easter Monday. People flocked to the city’s parks and green spaces to make the most of the good weather. Sunbathers laid out in St James’s Park as temperatures reached 16°C. Today and tomorrow, however, City workers are likely to [...]
General Election 2015: George Osborne says Labour raised taxes by £2,000 as tax row escalates April 7, 2015 Goerge Osborne will today claim that New Labour hiked taxes on earnings for an average household by £1,895 a year in real-terms, as the row between the parties over tax escalates. The new figures come from the House of Commons library. The Tories say they hint at what Labour would do if it wins the [...]
Flash Boy firm Virtu set to launch new flotation bid to raise $314m April 7, 2015 Virtu, which delayed its initial public offering (IPO) amid a furore over high-frequency traders, renewed the fundraising effort with a plan to raise as much as $314m (£211m). The company will offer about 16.5m shares at $17 to $19 apiece, according to a regulatory filing yesterday. At the high end of the range, Virtu would [...]
Ex-director Ingram puts pressure on both Alliance Trust and Elliott April 7, 2015 BOTH sides in the row between Alliance Trust and Elliott Advisors need to make a better case to investors, former Alliance non-executive director Tim Ingram said yesterday. Activist investor Elliott is pushing to have three new non-executives added to FTSE 250 investment firm’s board at its annual general meeting this month. Ingram argues the shareholder [...]
Shoppers shun the high street after Easter Bank Holiday wash-out April 7, 2015 Retailers were dealt a major blow this weekend as the Easter Bank Holiday wash-out caused a slump in visits to the high street, according to figures released yesterday. Data company Springboard said that footfall across high streets, shopping centres and retail parks fell by two per cent between Good Friday and yesterday at midday compared [...]