The Funding Network: Welcome to the Dragon’s Den of charity December 18, 2014 This philanthropic gameshow comes with a serious message for the thousands of people it helps. ‘Linda 100”, “Michael 200”, “Fred 500”, the shouts echo across the room as more and more people put their hands in the air. As the cries die down, the pledge leader urges them on: “Was that another hand at the [...]
People’s Postcode Lottery: A gamble where everybody wins December 18, 2014 Players of People’s Postcode Lottery have raised over £56m for charity and they aim to raise even more next year. Fancy your luck this Christmas? Well, deciding to play People’s Postcode Lottery (PPL) isn’t a gamble at all when you know that the money you pay is being used to support some of the UK’s [...]
Unlocking potential in developing nations December 18, 2014 City Index is working with Opportunity International this Christmas to ensure there’s a bright future for small businesses in Africa. Securing funding for your small business can be difficult in the UK, but it’s a lot harder in the developing world. Opportunity International, a UK-based charity, is trying to change that because it thinks that [...]
Sony hack: Christmas release of The Interview cancelled after Regal Cinemas and AMC Theatres bail December 17, 2014 Sony Pictures late last night cancelled the 25 December theatrical release of its North Korea comedy The Interview, after major US theatre chains pulled out of showing the film following threats from hackers. Regal Cinemas and AMC Theatres were among the cinema chains announcing they will not show The Interview as planned, citing security threats [...]
Tuesday to be UK’s busiest shopping day December 17, 2014 THE UK high street will have its busiest shopping day of the year two days before Christmas, with Visa Europe predicting spending to peak at £1.3bn for the day. Spending is forecast to rise six per cent and transactions seven per cent from last year. Tuesday 23 December is predicted to see 34m transactions in [...]
Nigel Farage, The Brand New Heavies and Innocent Drinks founder shake it up at Jim Mellon’s Christmas party December 17, 2014 What do nineties band The Brand New Heavies, Nigel Farage and Innocent Drinks founder Richard Reed have in common? They were all at millionaire fund-manager Jim Mellon’s Christmas party last night, of course. The shindig took place in Mellon’s pub in Notting Hill. The Capitalist had the pleasure of meeting the man the boozer was [...]
Black Friday has eclipsed Boxing Day, says Dixons Carphone boss Sebastian James December 17, 2014 Dixons Carphone boss Sebastian James said Black Friday was the new Boxing Day, after feverish demand for cut-price televisions and gadgets turned the American-made sales event into its busiest shopping day ever. The group said at its peak on 28 November, the retailer had five times the web traffic of an average day and put [...]
Sturridge heads to Red Sox for injury salvation December 17, 2014 LIVERPOOL striker Daniel Sturridge will link up with medical specialists at baseball team Boston Red Sox over the Christmas period in a bid to expedite his return from injury. Sturridge netted 25 times last season and has been sorely missed by the Reds as they have struggled to replicate the form which saw them narrowly [...]
After a volatile week for global markets, is there still time for a Santa Rally? December 17, 2014 Adrian Lowcock, head of investing at Axa Wealth, says Yes. The so-called Santa Rally relates primarily to the last two weeks of the calendar year – the weeks of Christmas and New Year. In this two-week period, the FTSE 100 has put in its best performance of the year every year since 1986. A major [...]
Betting suspended on Queen abdicating during her Christmas broadcast after “unusual” bets placed at Coral December 17, 2014 Bookmakers Coral has suspended betting on whether the Queen will announce her abdication in her Christmas Day broadcast after a number of “unusual” bets were placed today. A spokesman told City A.M a handful of different bets had been made within half an hour of each other – prompting the team to question whether [...]