Cricket Comment: Now Trott should open for country March 18, 2015 BATSMAN Jonathan Trott holds a proven record at international level so having a class player like him back in the squad for their three-Test tour of the Caribbean next month can only benefit England. There is going to be a lot of attention on his first return, having left the 2013-14 Ashes tour with a [...]
Losses double at tech firm WANdisco after year of rapid growth March 17, 2015 SHARES in tech firm WANdisco crashed yesterday, closing down 12.39 per cent after preliminary results revealed an almost doubling of losses last year to $39m (£26m) from $20m the year before. The firm’s pre-tax profit was hit despite the company recording a 40 per cent increase in revenue, from $8m to $11.2m in the year [...]
City Moves for 17 March 2015 | Who’s switching jobs March 16, 2015 Investec Investec Investment Banking has appointed Serge Rissi as a director in its financial sponsor transaction group. He has 15 years of M&A experience, and most recently worked as a director at Quayle Munro. Rissi has also held roles at UBS Warburg and Hawkpoint. Rathbone Brothers The investment management firm has announced the appointment of [...]
Treasury sells off another £500m of bailed out Lloyds Bank stake March 9, 2015 LLOYDS shares fell yesterday as the government revealed it had sold off another £500m stake in the bank. The government is drip-feeding shares on to the market in a bid to steadily recoup the cost of the bailout. It has now raised more than £1bn since launching the sale policy in December 2014. The latest [...]
50 is the most expensive age as expenses stack up from mortgages, children, saving for retirement… and holidays March 6, 2015 People expecting to sit back and relax thanks to getting themselves into a comfortable financial position by the time they hit 50 years old, may not be quite as carefree as first thought. By 50, Britons have picked up a large bill, racking up more expenses than at any other time in life. The cost [...]
Cricket Comment: England need player like KP March 4, 2015 He’s a matchwinner and was unfairly let go but a comeback looks unlikely to me KEVIN Pietersen’s sacking last February was unfair and it was a shame for English cricket the way it happened but the timing of incoming ECB chairman Colin Graves seemingly handing him a lifeline has created an unwelcome distraction. England have [...]
Coalfields ready to rebrand as it buys Harworth March 3, 2015 PROPERTY firm Coalfield Resources is to rename as Harworth Group and relist on the London stock market after acquiring the 75.1 per cent of Harworth Estates that it does not already own. Coalfield announced yesterday that it had agreed terms with the board of the pension protection fund to pay £150m for 730,674,465 new shares [...]
Drax shares up as analyst calls 2014 annus horribilis for firm February 24, 2015 SHARES in power generation firm Drax Group were up by 6.75 per cent yesterday, after the company reported profit of £166m for 2014, over five times the £32m profit reported in 2013. However, the company’s underlying earnings fell from £142m to £96m, which it said reflected “major deterioration in commodity markets, following oil market decline”. [...]
Cricket Comment: England ought to pick Tredwell and Bopara instead of Finn and Ballance February 18, 2015 THERE weren’t a huge amount of positives to take from World Cup defeat to Australia last Saturday. Hopefully the main one will be the realisation that the tactics at the death were wrong and there was too much short bowling. England undoubtedly have some good bowlers but, as I wrote last week, that bowling attack [...]
Analyst Views: How did Hammerson’s performance fare over the last year? February 16, 2015 ALISON WATSON | INVESTEC We expect the UK consumer recovery to continue to feed through to improving, but low single digit, rental growth. France remains more challenging and whilst this is mitigated by increased exposure to the high growth outlet sector, we expect net asset value growth (NAV) to remain below sector average. JAMES CARSWELL [...]