Brighton & Hove Albion chief Paul Barber explains off-field strategy of a Premier League club in waiting March 4, 2017 In less than a decade Brighton & Hove Albion have evolved from a mid table League One side playing at a converted athletics stadium to fewer than 10,000 fans, to a Premier League club in waiting who call the state of the art 30,000 capacity Amex Stadium home. Brighton have been amongst the Championship promotion contenders in three of the [...]
Raise a glass: Britain’s beer exports rose in 2016, making it the third most valuable food or drink export March 4, 2017 British beer exports rose six per cent in 2016 according to new figures published by the HMRC, making beer the UK's third most valuable food and drink export. Chinese interest in British beer skyrocketed last year, rising 500 per cent following pictures of Chinese President Xi Jinping enjoying a pint with former Prime Minister David Cameron in [...]
Bitcoin is now worth more than gold as the US dollar strengthens March 3, 2017 The price of bitcoin has overtaken gold today for the first time ever. The cryptocurrency was up to $1,275.15 this morning, while the price of gold dropped 0.35 per cent to $1,228.60 per ounce. Bitcoin has already had a tumultuous year as fears the Chinese government was moving to outlaw it dampened investor interest. But now the currency's price [...]
How to profit from the Chinese art market and bag some cutting edge paintings while you’re at it March 2, 2017 Which country has the world’s largest art market? Hint: if you’re thinking anything other than “China”, then you’re wrong. Art information website artprice.com estimates that in the first half of 2016, China accounted for 35.5 per cent of the $6.53bn global art sales. Someone out there is making a killing from the Chinese art market, [...]
New York wins big in global IPO boom – and that’s even before Snap’s flotation is counted March 2, 2017 The New York Stock Exchange (NYSE), home to this week’s eagerly-awaited IPO from Snap, has been the most popular exchange for new listings globally so far this year. The findings come as new data shows that the number of flotations worldwide has surged to levels not seen since before the credit crunch. With 187 offerings [...]
Snap raises $3.4bn in biggest tech float since Facebook March 1, 2017 Snap raised $3.4bn (£2.8bn) amidst strong demand for shares in a New York float that gives it the biggest tech valuation since Facebook. The owner of popular messaging app Snapchat is now valued at $24bn, higher than the $22.3bn expected, Reuters reported. Snap sold 200 million shares at $17 per share, above the range it [...]
These are the five hottest new phones from MWC 2017 March 1, 2017 Nokia 3310 Around £40 nokia.com This unexpected reboot of Nokia’s iconic late 90s handset blew the minds of every 30-something year old at MWC. Made by HMD (the Finnish startup that bought the rights to the Nokia name) this homage to the 3310 roughly mimics the original design while making a few concessions to modernisation. [...]
Bitcoin has hit yet another record high March 1, 2017 It's another good day to be a bitcoin investor, after it hit another record high ahead of a landmark ruling by the US Securities and Exchange Commission (SEC). The cryptocurrency rose as high as $1,228.56 in the mid-afternoon, London time – more than two per cent higher. The gain means bitcoin has now risen more than [...]
Who are Grand Theft Auto’s new contenders on the block? February 27, 2017 Imagine inventing an awesome digital game. It then reaches global domination in sales. The fruits of becoming a billionaire might even be incidental to the sheer satisfaction of creating a global best-seller. And especially so when you work hard and play even harder. £4.2bn in UK consumer spend The UK game industry is booming: According to the Association for [...]
Days of promise lie ahead for British firms selling to booming Asian markets February 27, 2017 I returned yesterday from my latest trade mission to Hong Kong, mainland China and South Korea, which I undertook with the aim of exploring business opportunities across Asia for Britain. This is a crucial moment for the UK’s economic relationship with key overseas partners, in particular China, and expanding our economic ties in the most important [...]