Land of milk and honey? Why New York may not be a panacea for UK firms September 6, 2023 When second-hand car platform Cazoo announced a shift onto the public markets in 2021, it looked from most angles to be a true-blue British success story. Just three years after its foundation, this Amazon of old cars would debut on the stock market and pocket its founder Alex Chesterman the multi-million dollar payday most entrepreneurs dream of. [...]
Sam Torrance: I give Luke Donald 10 out of 10 for his Ryder Cup captain’s picks September 5, 2023 Choosing your wild card picks is one of the toughest parts of being a Ryder Cup captain but Luke Donald deserves 10 out of 10 for his European selection. I only had two captain’s picks when I captained Europe in 2002; Donald had six, which is a lot, and I think he has done a [...]
Wall Street edges higher following data that shows the labour market is cooling September 2, 2023 A choppy day of trading on Wall Street ended on Friday with slight gains for stocks, as the market notched its second straight winning week. The market got a boost early on from a closely watched government report that showed US job growth increased at a healthy but more moderate pace last month. The report [...]
Fed rate rise less likely? More jobs added but unemployment up and wages stabilise September 1, 2023 The U.S. added more jobs than expected in August, but a rise in the unemployment rate to 3.8 per cent, but the Fed may not hike rates again
FTSE 100 Close: London finishes in red on fears of stubborn inflation August 31, 2023 London’s FTSE 100 was subdued today on fears of stubborn inflation keeping investors quiet, finishing in the red after being on one of its longest winning streaks in months. The capital’s premier blue-chip index finished 7,452.87, 0.28 per cent down, after spending all day in the green. By 2.30 it was at 7,488.29, about 0.2 [...]
FTSE 100 close: Prudential results give London markets a boost after US jobs data August 30, 2023 London markets finished higher on Wednesday with the capital’s premier FTSE 100 index given a lift by strong results from Prudential. The FTSE 100 index climbed 0.1 per cent to close at 7,473.67 while the mid cap FTSE 250 index rose 0.5 per cent to end at 18,564.52. Prudential was among the FTSE 100’s top [...]
Sam Torrance: Deep thinker Zach Johnson will be happy with strong US Ryder Cup team August 29, 2023 In naming his six wild card picks to complete the US Ryder Cup team, captain Zach Johnson has clearly prioritised players with experience. Johnson would have been castigated if he hadn’t chosen US PGA champion Brooks Koepka, despite the controversy around Koepka’s membership of the LIV Golf tour. Collin Morikawa, who won 3.5 points from [...]
US Ryder Cup team: Brooks Koepka in but Johnson, DeChambeau and Reed snubbed August 29, 2023 US Ryder Cup captain Zach Johnson has named LIV Golf rebel Brooks Koepka in his team for next month’s contest against Europe in Rome. Koepka is one of Johnson’s six wild cards for the match, along with Justin Thomas, Jordan Spieth, Collin Morikawa, Sam Burns and Rickie Fowler. They join previously confirmed automatic qualifiers Scottie [...]
Only one in five think the Bank of England is doing a good job – but they still trust it more than politicians August 29, 2023 Just 18 per cent of the public think the Bank of England are doing a good job, but a majority still think politicians should not be given control of monetary policy.
Rory McIlroy harnessing pain of Whistling Straits in search of Ryder Cup revenge August 28, 2023 Rory McIlroy insists he is determined to harness the pain of Europe’s record defeat at Whistling Straits to regain the Ryder Cup next month in Rome. World No2 McIlroy is one of three European players to have guaranteed their place at the biennial contest against the USA, along with Masters winner Jon Rahm and new [...]