Revealed: The seven best-value stocks to watch in 2018, according to Canaccord Genuity January 9, 2018 Despite a rocky 2017 which saw a number of lawsuits come to a head, Lloyds Banking Group has been named one of the most promising stocks to watch this year by Canaccord Genuity Wealth Management. Based on the value of the stocks at the moment and their potential to generate strong returns over the next [...]
Compass CEO Richard Cousins and family killed in plane crash: The City pays tribute January 2, 2018 Tributes have been paid to the FTSE 100 chief executive who was killed alongside his family in a New Year’s Eve plane crash. Richard Cousins, 58, the outgoing CEO of the world’s largest catering firm, Compass Group, died in a seaplane crash near Sydney Harbour on 31 December 2017. Also killed were Cousins’s two sons [...]
Revealed: Behind the scenes of Carillion’s annus horribilis December 21, 2017 Troubled construction giant Carillion hit the headlines again yesterday after it announced its interim chief executive Keith Cochrane will be replaced almost three months earlier than planned. When Andrew Davies, who was set to take over on 2 April 2018, starts on 22 January, he will become the company’s third chief executive in six months. [...]
Carillion share price: Behind the scenes of the construction giant’s annus horribilis December 21, 2017 Troubled construction giant Carillion hit the headlines again yesterday after it announced its interim chief executive Keith Cochrane will be replaced almost three months earlier than planned. When Andrew Davies, who was set to take over on 2 April 2018, starts on 22 January, he will become the company’s third chief executive in six months. [...]
Roy Hodgson: TV rescheduling over Christmas will take its toll on Crystal Palace squad December 14, 2017 Crystal Palace manager Roy Hodgson has bemoaned “harsh” fixture re-scheduling for TV that requires his side to play three Premier League games in six days over the Christmas period. The Eagles host Arsenal on Thursday 28 November, two days after most clubs play on Boxing Day, in an 8pm kick-off on Sky Sports. Hodgson’s men [...]
UK’s top accounting watchdog wants more powers from parliament following KPMG-HBOS probe November 30, 2017 The top accounting watchdog in the UK has called for accountants to be held to higher standards when auditing companies, after a probe into KMPG’s audits of HBOS in the run-up to the lender’s collapse failed to find the accountant guilty of misconduct. Read more: KPMG has been cleared of wrongdoing over its 2007 HBOS [...]
Leaping into a decision on a new broadband Universal Service Obligation would be a mistake November 29, 2017 The government is currently offering a £1.1bn package of measures to support the market delivery of digital networks underpinned by full fibre broadband. A key pillar of that plan, under the Digital Economy Act 2017, is to create a new broadband Universal Service Obligation (USO), which is geared towards everyone in the UK having access [...]
Rio Tinto caves in to shareholder pressure and scraps appointment of Tory chief Sir Mick Davis November 26, 2017 Mining giant Rio Tinto has scrapped plans to appoint the chief exec of the Conservative party as its new chairman, according to reports. Frontrunner Sir Mick Davis is “no longer in the running” to replace Jan du Plessis after a shareholder revolt. City sources told Sky News over the weekend several institutional investors had drawn [...]
Tory rural broadband promise under threat: BT Openreach talks close to collapse November 19, 2017 A Tory pledge to deliver better broadband to 1.4m rural homes is under threat of being delayed by years. Talks between Openreach and the government to agree on a £600m investment by the BT infrastructure arm are close to collapse, according to reports by the Sunday Telegraph. If an agreement with Openreach over its voluntary [...]
SSE teams up with Thames Water to lay fibre broadband in London’s Victorian sewer network November 14, 2017 A leading broadband provider believes it has hit the ideas jackpot in the battle to boost Britain’s broadband internet: it wants to lay fibre optic cables in London’s vast sewer network. Energy giant SSE, which has an established broadband infrastructure offering, has teamed up with Thames Water. It plans to tuck fibre cabling 10 metres [...]