Happy #EdBallsDay: It’s the fourth anniversary of *that* tweet April 28, 2015 Update: Ed Balls has made everyone's Ed Balls Day the best yet. https://twitter.com/edballsmp/status/593072495395282944 Crack open the champagne and settle down for hours of social media lolz. It's Ed Balls Day again. Ed Balls It's the fourth anniversary of what has become one of the finest tweets the political world has ever seen. Back [...]
Rodgers banking on a Reds-style crash for top four April 27, 2015 LIVERPOOL boss Brendan Rodgers has not given up hope of one of the current top four mirroring his side’s late collapse last season and opening the door for the Reds to snatch Champions League qualification. The Anfield club were on course to land a first top-flight title for 25 years before skipper Steven Gerrard’s infamous [...]
Deutsche Bank Libor fine: Seven crazy things traders said about Libor that cost the bank billions April 23, 2015 Deutsche Bank has been fined billions of pounds over misconduct in relation to fixing inter-bank lending rates Libor, Euribor and Tibor. Transcripts released by the New York Department of Financial Services (NTSDFS) reveal the banter between traders on setting the rates. Here are seven crazy conversations had by traders (emphasis ours). 1. The geezer On [...]
Klopp snub talk is nonsense and Big Sam still boss, say West Ham April 21, 2015 WEST Ham vice-chairman Karren Brady has rubbished suggestions that in-demand Borussia Dortmund coach Jurgen Klopp has turned down the chance to manage the Hammers next season. Brady also insisted there was nothing sinister in the delay to holding contract talks with current boss Sam Allardyce, who has just two months left on his current deal. [...]
Premier League: Silva hospitalised by elbow but managers both absolve Kouyate April 19, 2015 MANCHESTER CITY 2 WEST HAM UNITED 0 WEST Ham manager Sam Allardyce leapt to the defence of midfielder Cheikou Kouyate after his flailing elbow left Manchester City’s David Silva needing oxygen treatment on the pitch. Silva needed almost 10 minutes of attention for a suspected broken cheekbone and neck injuries following the second-half incident before [...]
British icon Tesco rebounds but will it ever attain its past glory? – Brand Index April 14, 2015 Are there now real signs of recovery for Tesco? Its battle – not just against its traditional big four rivals but the German discounters too – has a long way to run, but the YouGov BrandIndex points towards areas in which it is succeeding. Tesco’s nadir was reached prior to Christmas, its brand image damaged [...]
Majestic Wine gets Naked truth from new CEO Rowan Gormley April 12, 2015 The new chief executive of Majestic Wine says he will “unleash” the retailer’s entrepreneurial spirit and shake-up its online business following the £70m acquisition of younger rival Naked Wines. Rowan Gormley founded Naked Wines in 2008 after coming up with the idea of using crowdfunding to help forward-fund independent vineyards in return for exclusive wines [...]
Best of the Brokers for 13 April 2015 April 12, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com HAYS Numis reiterated its “add” rating for the professional recruiters. The broker lowered its earnings forecasts for the group due to softening growth in the UK and Germany “as election and regulatory issues cause a pause for breath among a number of employers”. [...]
Debenhams bolsters board with appointment of Terry Duddy as a non-executive director April 10, 2015 Debenhams is looking to bolster its board by appointing veteran retailer Terry Duddy as a non-executive director, as it tries to improve its fortunes after years of underperformance. Duddy was chief executive of the Home Retail group until March last year and is chair of the retail trust. Until 2006 he was chief of Argos, [...]
Majestic Wine share price falls after buying Naked Wines for £70m and naming Rowan Gormley chief executive April 10, 2015 Wine companies Majestic and Naked are toasting a multi-million pound deal. Majestic, Britain's largest specialist wine retailer, has bought Naked Wines, a boutique online wine seller, for £70m, combining their online and offline businesses to create a wine retailer with greater international clout. Naked founder and chief executive Rowan Gormley will take the helm of [...]