Gym Group’s share price falls as losses widen following last autumn’s IPO March 15, 2016 The Gym Group sweated out revenue growth of over 30 per cent last year – but the company's share price fell as losses widened. The figures The pay-as-you-go fitness company registered revenues of £60m in 2015, up 32 per cent on the £45.5m recorded in 2014. However, pre-tax losses widened to £12.4m, up 32 per cent on last [...]
Odds on Worldpay: Paddy Power Betfair strikes services and insights agreement with global payment provider March 15, 2016 The bookmaking major Paddy Power Betfair has announced an agreement with global payments company Worldpay to provide payment processing services and gambling expertise for its online customers. As part of the deal, Worldpay will provide Paddy Power Betfair with payments insights to improve processing efficiencies by using its consumer betting behaviour knowledge. Worldpay uses these [...]
Londoners spent four days of 2015 in traffic and London topped list of most congested cities in 2015 INRIX Traffic Scorecard March 15, 2016 If you were wondering where four days of your life went last year, you now have the answer: London traffic jams. The 2015 INRIX Traffic Scorecard has revealed drivers in London wasted an estimated 101 hours in traffic delays last year, over four days, while London topped the list of traffic congestion in more than [...]
Patients who are rude to their doctor increase chance of misdiagnosis by 42 per cent March 15, 2016 If you worry about your health, one of the best investments you could make into your future could be quick, easy and free: be polite to your doctor. The likelihood of a patient receiving a misdiagnosis for a complex condition rose by 42 per cent when the patient exhibited "difficult" behaviours such as being aggressive or [...]
Network Rail considering selling 18 major stations including London Waterloo, Paddington and Birmingham New Street March 11, 2016 The chief executive of Network Rail, Mark Carne, has revealed he is considering selling off 18 major stations including London Waterloo, Birmingham New Street and Paddington in order to cut debt and break up what he described in the interview as a "Kremlin-type model". Carne said there would potentially be a £1.8bn sale of 7,500 other properties, including [...]
Ex-United Spirits boss Vijay Mallya might well be one of the world’s most indebted men after he travelled out of India with $1.4bn of debt March 11, 2016 Is the UK accidentally harbouring one of the world's most indebted men? Indian drinks boss Vijay Mallya has had to vigorously himself from claims he has become one of the world's most impressive absconders, after it was suggested in the country's Supreme Court that he flew out of India to London on 2 March, leaving some $1.4bn (£980m) in debts. [...]
Watch out everyone: Britain is being sued for lack of action over nuclear disarmament… by the Marshall Islands March 11, 2016 This week the UK began mounting its defence in one of the more unusual international trials of recent years: in a case brought by the Marshall Islands to the International Court of Justice (ICJ), which claimed the world's nuclear powers are not fulfilling their obligations to disarm. The tiny Pacific republic, which has a population of [...]
Its share price might be on a downward slope, but here are six reasons this Old Mutual spinoff might just work March 11, 2016 Shares in FTSE 100 insurance group Old Mutual have fallen after it unveiled plans this morning to split into four separate companies – suggesting investors are less than impressed at its plans Fear not, though. There could be good reason to be optimistic about this conscious uncoupling, if past precedent is anything to go by. “The [...]
