Projections that the Chinese economy will overtake America’s any time soon are fanciful February 8, 2017 Possibly the single most important of the tensions stoked up by President Trump is the rivalry between the United States and China. Economic strength will be the ultimate determinant of this struggle for the position of Top Nation. Comparisons of the size of economies, particularly ones at very different levels of income per head, are fraught [...]
The UK is losing out on foreign direct investment due to the uncertainty following Brexit vote February 7, 2017 The UK is losing out on foreign direct investment (FDI) due to the uncertainty following last year's Brexit vote, according to a new study by accountancy group UHY Hacker Young. The study, which looked at FDI inflows last year in 45 major economies, found the amount of investment fetched by the UK is lagging behind [...]
January transfer window 2017: Premier League clubs record profit for the first time as Manchester United and Chelsea earn over £100m February 1, 2017 Premier League clubs recorded a transfer profit for the first time in last month's transfer window, despite spending more money than ever before in January. A record £215m was spent by top flight teams on new signings in this year's January window, according to Deloitte's Sport Business Group, yet teams still enjoyed a collective £40m [...]
Healthy manufacturers boost sterling and the FTSE 100 February 1, 2017 A strong set of data from the UK and the Eurozone have pushed up the value of sterling against the dollar, with the FTSE 100 benefiting as well. The manufacturing purchasing managers’ indices (PMIs) were strong across Europe as the sector continues to expand healthily. Sterling had dipped at the end of Asian trading against [...]
When does the Premier League transfer window shut? Can players still be signed after the deadline? Here’s everything you need to know January 31, 2017 When does this year's January transfer window close? Premier League and Football League clubs in England have until 11pm on Tuesday 31 January to sign new players. There's Premier League games being played that night — and the day after! Will players be allowed to play immediately? Not so fast. Players have to be registered with the league before midday [...]
Enter The Dragon: Why China is snapping up British assets January 30, 2017 What do Heathrow, Thames Water, black cabs, Harvey Nichols and Rio Tinto have in common? They’re all part-owned by Chinese companies. “Britain holds a number of attractions for Chinese investors,” says Simon Bevan, head of the China Britain services group at Grant Thornton UK. “As a country, our language, business culture, rule of law and [...]
Weetabix to invest £30m keeping up with appetite for healthy breakfast January 30, 2017 The UK’s top-selling cereal brand has announced plans to increase production capacity at sites in Burton Latimer and Corby by 2018. The investment will allow Weetabix to boost manufacturing volumes in response to a rise in the brand’s UK cereal and drinks market share from 15.3 to 16.4 per cent in 2016. Rising sales of [...]
Fabulous Brexit, Chinese implosion: The feasible scenarios markets are ignoring January 27, 2017 The exquisite unpredictability of markets was on full parade in 2016, and investors are still breathless. Very few believed populist anger would lead to a Brexit or a President Trump, or that a crashing oil market would be rescued by a deal underpinned by Saudi altruism towards Iran. Indeed, markets are replete with occurrences which [...]
Louis Vuitton and Moet & Chandon owner reveals 2016 was a vintage year January 26, 2017 While last year might not have been everyone's favourite 12 months, luxury brand owner LVMH revealed "an excellent performance in 2016", posting solid revenue and cashflow growth. The owner of a variety of posh labels including Louis Vuitton and Christian Dior said organic revenue growth during 2016 was six per cent with sales totalling €37.6bn (£31.9m). Read [...]
Londoners invited to invest in Libya January 26, 2017 Libyan businessmen and governmental officials are in London today seeking investment in the country’s key industries. The Libya Reconstruction and Investment Forum is being held at Lancaster House, a government-owned mansion in St James’s operated by the Foreign Office. Oil, healthcare and infrastructure will be among the sectors where Libyans will be looking for foreign [...]