The Tipster | Bookmaker to pay over the odds October 1, 2012 ATTENTION will be focused on William Hill this week. The UKs largest bookmaker has recently been told that a £350m offer for Sportingbet “significantly undervalues” the online sports betting company. With Sportingbet due to report tomorrow, investors will be closely monitoring whether William Hill is likely to pay over the odds. Spread Co quotes a [...]
Not all doom and gloom for UK banks October 1, 2012 WE ARE now more than four years on from the collapse of Lehman Brothers, and it is longer still since the taxpayer bailed out Northern Rock. In that time, there has been little good news for financials and for the UK banking sector specifically. Reinforced by Moody’s decision to maintain its negative outlook on the [...]
Analyst picks for 1 October 2012 October 1, 2012 CURRENCY STRATEGIST CHRIS VECCHIO My pick: Long Aussie dollar-dollar Expertise: Fundamental and technical analysis Average time frame of trades: A few hours to a few days A falling wedge (reversal pattern) may be in the works off mid-September highs. But a weekly close above $1.0350 this week must happen so that this can be fully [...]
Revlon celebrates 80 years of glamour October 1, 2012 Dita Teese swears by it and you’ll be hard pressed to spot Gwen Stefani not wearing it so you’ll be forgiven for thinking that red nail varnish has always been around. In reality, Revlon created the first one back in 1932, when the company launched. With the brand celebrating its 80th anniversary this year, it’s [...]
The top 5 wash bags on offer for the modern man October 1, 2012 Mulberry, oak natural leather The epitome of style, this classic oak leather case has two zipped compartments, an internal pocket and a fully lined wipe-clean interior. Details include leather trims, a leather zip pull and, of course, the infamous Mulberry tree logo emblazoned on the front. £250; mulberry.com Santiago Gonzalez, crocodile wash bag This is [...]
Utah: America’s secret scenic wonderland October 1, 2012 Touching down at Las Vegas airport at 9pm, we made a classic mistake. Predicting we’d be fine to drive the two-hour journey to our hotel after a refreshing Diet Coke and a few rounds of Blackjack at the Mandalay Bay, we didn’t expect to find ourselves deliriously sleep-deprived, jetlagged to the max and sans sat-nav, journeying [...]
Xstrata and Glencore to back tie-up September 30, 2012 XSTRATA and Glencore hope to win round investors today with the long-awaited latest version of their mining mega-merger. The Xstrata board spent the weekend thrashing out the details of the improved deal in a bid to satisfy as many shareholders as possible, with a focus on the generous retention package for the firm’s top staff. [...]
Ed Miliband: Labour would have kept the 50p tax and is ready to break up banks September 30, 2012 IF LABOUR won an election tomorrow, it would keep the 50p rate of tax, introduce a new tax on bankers and spend the proceeds of the upcoming 4G spectrum auction on building 100,000 affordable homes, Ed Miliband said yesterday. But he would not commit to doing so if he wins the 2015 election, on the [...]
Auto-enrolment begins to shake up UK pensions September 30, 2012 BUSINESS lobbies, unions, and pension funds have backed pensions minister Steve Webb’s auto-enrolment scheme, as it is rolled out this morning. From today, firms with more than 120,000 employees must enrol all staff in a pension scheme, and by 2018 all employees earning enough to pay national insurance will have to be put in a [...]
Ed Miliband needs to stop distorting statistics September 30, 2012 IF you want to know why I find it hard to be optimistic about Britain’s economic future, look no further than the political parties’ annual conferences – this weekend it was the turn of the Labour party to pander to prejudice and envy and advocate policies that will end up retarding growth, reducing job creation [...]
