Five classic meals that are improved by adding beer March 1, 2016 I was making risotto the first time I poured beer into my dinner. The recipe called for a glass of wine; I was drinking a bottle of lager and I figured that I’d use that instead. It was delicious. In the 10 years since, I’ve cooked with every kind of beer there is, using it [...]
Budget hotelier Travelodge puts £1bn sale plans on hold after record year February 29, 2016 Travelodge has confirmed it has shelved plans for a £1bn sale of the business after hailing record earnings of £100m last year. The budget hotelier has been at the centre of heated bid speculation after its co-owners Goldman Sachs, GoldenTree Asset Management and Avenue Capital, brought in bankers from Deutsche Bank to advise them on [...]
Mastercard Monday: Free fares when you travel on Tube, train, bus, DLR and tram in London with Apple Pay February 29, 2016 Still struggling through those post Christmas months? Here's one way you can save some cash, and it involves nothing more than your normal daily commute. Anyone using Apple Pay with their Mastercard will be able to travel for free across the entire travel network, including Tube, train, bus, DLR and tram, on Monday (29 February). Read more: Why [...]
CoalFace Capital’s Declan McEvoy on clichés, robo-advisers, and pink hair February 29, 2016 Plenty of people must have sat in their banking job thinking about what could be done better and wondering if they should just pack it all in and start their own business. Declan McEvoy, founder of innovative trading platform CoalFace Capital, first realised he wanted to be this person back in 1999, while doing his [...]
Mike Ashley’s Sports Direct faces relegation from FTSE 100 index February 28, 2016 Sports Direct faces relegation from the FTSE 100 list when the blue chip index of top UK companies comes up for renewal next week, after a dismal performance this year. Shares in Mike Ashley’s troubled sportswear empire have plunged by 50 per cent since August last year amid growing criticism over its working practices and [...]
Gianni Infantino’s victory means little – Fifa has shown few signs of cleaning up February 27, 2016 If you believe the hype out of Zurich, you’d think that Fifa has turned the corner. The ‘bad guys’ are gone. There’s new management. And Fifa has had a Damascene conversion to good governance, transparency and accountability. Wrong. Wrong. Wrong. The overwhelming emotion for many when Gianni Infantino won the ‘beauty contest’ of the Presidential [...]
FTSE 100 demotions and promotions: Sports Direct and Aberdeen Asset Management could be demoted in quarterly review February 26, 2016 Sports Direct could slip out of Britain's blue chip index at its quarterly review which is due to take place on Wednesday. Despite a boost to its brand from popular musicians such as UK grime artist Skepta, the company was the biggest casualty of disappointing trading which afflicted a number of its peers over the crucial [...]
Sports Direct ditches controversial Mike Ashley loan facility over “unjustified criticism” February 26, 2016 It seems Mike Ashley's feelings have been hurt. Sports Direct has said it will no longer draw on a loan facility provided to it by Ashley, its founder. In an unusual statement this morning, the company said although it expects its borrowing requirements to be "consistently in excess" of the £263m it has drawn on [...]
This is where hazardous hoverboards go to die as the dangerous devices are destroyed February 25, 2016 Has a gadget ever fallen from grace so fast? From zero to hero and back again, and not even able to jump on the must-have Christmas toy bandwagon, the so-called hoverboard (but actually a self-propelled scooter) became the must-ban device of last year. Its flash in the pan status was run off course earlier than expected after sparks [...]
Fifa cuts Sepp Blatter and Michel Platini bans on eve of election to decide which of Sheikh Salman, Gianni Infantino, Prince Ali, Tokyo Sexwale or Jerome Champagne takes charge of scandal-hit body February 24, 2016 Fifa president Sepp Blatter plans to take his fight to the Court of Arbitration for Sport (CAS) after his appeal against an eight-year ban succeeded only in reducing it to six years. The scandal-hit world governing body, whose top officials are scheduled to elect Blatter’s successor tomorrow, issued the same judgement on Michel Platini, the [...]