Investec’s wealth manager moves property funds to Thorpe Park and care homes July 26, 2016 Investec Wealth and Investment has turned its attention away from conventional property investment and towards GP surgeries, theme parks, hospitals, care homes and student accommodation. The wealth management and investment services division of Investec said on Tuesday morning that it had redeployed around 20 per cent of its real estate exposure – equating to £200m – from [...]
Alastair Cook right to ignore calls for follow-on, insists assistant coach Paul Farbrace July 24, 2016 England assistant coach Paul Farbrace has defended skipper Alastair Cook’s decision to bat again and not enforce the follow-on as his side turned the screw on Pakistan during day three of the second Investec Test at Old Trafford. Resuming on 57-4, the tourists offered precious little resistance and were dismissed for just 198, a first [...]
Skipper Alastair Cook moves to defuse row over James Anderson’s omission from first Test against Pakistan July 21, 2016 Skipper Alastair Cook has played down the notion of friction in the England camp as the row over seamer James Anderson’s omission from the first Investec Test at Lord’s rumbles on. Anderson is set to return to England’s starting XI for the second Test at Emirates Old Trafford, which starts on Friday, as is all-rounder [...]
Two spinners, Rashid in for Moeen, Vince out? England have options at disposal for the second Test against Pakistan July 20, 2016 England have some thinking to do before the start of the second Investec Test against Pakistan at Emirates Old Trafford on Friday as they bid to drag themselves back into the series. Having named a 14-man squad for the clash they have plenty of options at their disposal and there has been a fair bit of [...]
Debenhams target share price cut by Investec due to post-Brexit foreign exchange concerns and an expected slowdown in UK demand July 20, 2016 Brexit is beginning to bite for retailers. Investec this morning said Debenhams face a "foreign exchange headwind" that will hit the department store in 2018. Read more: Debenhams raids Amazon for new chief executive Retail analyst Kate Calvert cut Debenhams' target share price to 52p. The cut comes after analysts expressed concerns about Sports Direct at the beginning of the [...]
This is at least the second coolest UK deal agreed since the Brexit vote July 19, 2016 Melrose’s $2.8bn deal for US air conditioning company Nortek is at risk of losing its status as the UK’s coolest post-Brexit vote deal. NFT Distribution, a UK chilled logistics business that delivers yoghurts and sandwiches to supermarkets, has announced the acquisition of another temperature-controlled logistics business, NR Evans. The deal values the business at more [...]
Injustice if James Vince doesn’t make it in Test cricket, insists England head coach Trevor Bayliss July 19, 2016 England head coach Trevor Bayliss has urged his fellow selectors to maintain faith in James Vince despite the Hampshire skipper’s underwhelming run-scoring returns in Test cricket. Vince has racked up 112 runs in six innings since making his Test debut against Sri Lanka at Headingley in May, although his knock of 42 in a losing cause [...]
Shot in the Arm for the City as £24bn mega-deal is agreed July 19, 2016 British tech giant Arm Holdings yesterday agreed to a £24.3bn takeover by telecoms group Softbank, in a move that would go down as the second largest outbound Japanese deal on record. Softbank has pounced for the Cambridge-based chip-maker following a sharp drop in the value of the pound, largely prompted by last month’s vote to leave [...]
England’s batsmen were naive and need to grow up, blasts skipper Alastair Cook after slumping to defeat against Pakistan July 17, 2016 England skipper Alastair Cook lambasted his side for naïve batting after they slumped to a humbling 75-run defeat in the first Investec Test against Pakistan at Lord’s. Chasing 283 for victory, England again fell under the spell of leg-spinner Yasir Shah, who claimed four second innings wickets to finish with match-figures of 10-141 in his [...]
Skipper Misbah-ul-Haq leads Pakistan revival at Lord’s and out-muscles England July 14, 2016 Centurion Misbah-ul-Haq believes Pakistan need another 100 runs to seize control of the first Investec Test at Lord’s after he led his side’s recovery against England with a majestic ton on a placid wicket. Misbah, aged 42, became the oldest player to claim a Test hundred since 1934 as he finished unbeaten on 110 after sharing [...]