Why one US hedge fund is taking aim at the UK’s biggest investment trusts December 19, 2024 A shake up could be coming for the UK’s investment trust industry after US hedge fund Saba Capital launched a campaign to topple the boards of seven different companies yesterday. “Like the Ghost of Christmas Past, Saba has descended upon the investment trust industry, urging self-reflection,” said Shavar Halberstadt, analyst at Winterflood. There have been [...]
Bleak midwinter for the economy? It could be worse… December 19, 2024 The political and economy outlook for the UK may seem gloomy, but spare a thought for our European counterparts, says Tim Sarson It’s the last working week of 2024 for many of us. I’ll be switching off the laptop on Friday afternoon and packing up for what I hope is a restful Christmas break, give [...]
Mark Kleinman: Boots’ dealmaker tries to formulate new potion December 19, 2024 Mark Kleinman is Sky News’ City Editor and is the man who gets the Square Mile talking in his weekly City AM column. This week, he tackles buyouts at Boots, big bonuses at Natwest and Reeves’ China charm offensive Boots’ octogenarian dealmaker tries to formulate new potion If life begins at 80, then Stefano Pessina, the octogenarian pharmaceuticals [...]
Inflation spike ‘raises questions’ over health of UK economy December 18, 2024 The spike in inflation to 2.6 per cent today has raised questions about the health of the UK economy, according to analysts. The news comes ahead of the Bank of England’s meeting to decide the path of interest rates tomorrow, with markets agreeing that combined with higher-than-expected wage growth yesterday, a cut is off the [...]
Monarchists shouldn’t sweat over Prince Andrew December 18, 2024 Prince Andrew is an embarrassment but the Royal Family is still one of Britain’s greatest assets on the international stage, says James Price This Christmas, many of us will be forced to fraternise with embarrassing uncles (not you, if you’re reading this, Uncle Mike!) – and the Royal Family is no exception. As if his [...]
Back Christmas cracker Banbridge for King George glory December 17, 2024 CHRISTMAS is nearly upon is, and for racing fans, bar Cheltenham, it really is the most wonderful time of the year. Kempton’s King George on Boxing Day (2.30pm) is undoubtedly the centrepiece of the festive feast which awaits punters, with top quality racing on offer across both sides of the Irish Sea all the way [...]
Squirrel some Christmas cash with help from Victtorino December 17, 2024 SATURDAY’s racing offers up some tasty festive appetisers ahead of next week’s festive bonanza, which begins with a bang on Boxing Day. It’s always nice to attempt to pay for the Christmas turkey before it’s cooked, and Ascot’s card presents a few good chances of doing just that. The Grade One Long Walk Hurdle is [...]
Dragon looks a Force to be reckoned with on Sha Tin dirt December 17, 2024 HONG Kong city track Happy Valley loses its regular mid-week slot to Sha Tin today, when the premier course hosts an eight-race programme on the all-weather surface. Normally at this time of the year would-be experts and bettors are looking to find a galloper who could work the oracle and get their turkey money in [...]
Navantia on cusp of £70m rescue deal for Titanic shipyard Harland & Wolff December 17, 2024 Ministers are hoping to announce Harland's acquisition by the Spanish shipbuilder Navantia as early as Thursday, according to Sky News.
Recent Conservative governments have been more left wing than Attlee December 17, 2024 Here’s a Christmas quiz: Which has been Britain’s most left-wing government? According to Paul Ormerod, it’s not the one you think…. The extended Christmas holidays loom. One way of filling the time is to think about crucial questions such as who is England’s greatest ever batsman, which football club side is the best the world [...]