There’s gold in them hills: Shares in Greatland Gold rocket after Australia find September 4, 2018 Shares in Aim-listed miner Greatland Gold shot up by nearly 18 per cent this morning after it announced a significant expansion in the size of its prospect in the Black Hills of Australia. In June the company began an exploration campaign in its 100 per cent owned Black Hills licence in Western Australia where it found [...]
Swiss law firm launches London office in bet on post-Brexit disputes spike September 4, 2018 Swiss dispute resolution law firm Lalive said today it is launching its first office in the City as it makes a bet on London becoming a more attractive arbitration centre post-Brexit. Marc Veit, a partner who is moving from the firm’s Zurich office to its new London base, said the City could be poised for [...]
Former UBS trader Kweku Adoboli detained by police ahead of deportation to Ghana September 3, 2018 Former UBS trader Kweku Adoboli, who was jailed for fraud in 2012 after causing a $2.3bn (£1.8bn) loss at the Swiss bank, was detained by police today in advance of his deportation to Ghana. Adoboli, who has lived in the UK since he was 12 but is not a British citizen, was detained by police [...]
Influential advisory group slams Sports Direct and Webuyanycar.com owner ahead of investor meetings September 3, 2018 Shareholder advisory group Pirc has published reports recommending investors vote against key proposals at the annual general meetings (AGM) of retailers Sports Direct and Webuyanycar.com owner BCA Marketplace. Pirc came out strongly against Sports Direct chief executive and 61 per cent shareholder Mike Ashley, recommending that investors vote against his re-appointment. Read more: Sports Direct [...]
TSB apologises to customers as it is hit by further website outages September 3, 2018 Troubled bank TSB has apologised to its customers today after its online banking service crashed, leaving some customers unable to remotely access their accounts. The bank’s online and mobile banking services suffered “intermittent issues” on Sunday which has led to a slow service today. Read more: TSB plunges to bottom of banking customer service poll [...]
Swiss bank UBS closes in on US rivals in FTSE 100 broker rankings September 3, 2018 Swiss bank UBS has closed the gap on its US rivals at the top of the FTSE 100 stockbroker ranking list for the third quarter (Q3), moving up to joint third place with 22 clients. UBS, which acts for blue chip companies such as oil major BP, mining giant BHP Billiton and consumer goods company [...]
German fashionistas lap up British style as Ebay sales spike September 3, 2018 German interest in British fashion has seen the country rise to second in the list of top export destinations for British sellers on e-commerce site Ebay. The US remains the number one market for British exporters on Ebay, but Germany is now in second place, according to data released today by the website. German consumers [...]
Sports Direct boss Mike Ashley could face a shareholder revolt this week at its annual general meeting September 2, 2018 Sports Direct boss Mike Ashley could face a shareholder uprising at the retail giant’s annual general meeting (AGM) on Wednesday. Influential shareholder advisory groups ISS and Glass Lewis have both urged investors to vote against Mike Ashley’s re-appointment as chief executive and have also come out against chairman Keith Hellawell. Ashley, who is currently struggling [...]
RBS chief warns it may have to turn away customers in event of no-deal Brexit September 2, 2018 Royal Bank of Scotland’s chief executive Ross McEwan said the bank may have to turn away business customers if there is no Brexit deal. The bank has sent 150 staff to Amsterdam to set up a new entity to act for its European customers in the event of a no-deal Brexit. "We're having to put [...]
Green Man Gaming lines up £100m London float September 2, 2018 Tech player Green Man Gaming is set to announce its intention to float this week in a listing that could be valued at £100m. The float is expected to reap rich rewards for Green Man’s backers which include lastminute.com co-founder Brent Hoberman, Zoopla boss Alex Chesterman and Moshi Monsters co-creator Michael Acton Smith. Read more: [...]
