Investing beyond 100: How rising life expectancy will change everything July 14, 2016 A century is an important milestone worthy of celebration. We recently commemorated 100 years since the Battle of the Somme. Vogue made headlines in May for featuring a 100-year old model to celebrate the magazine’s centenary year. On your hundredth birthday, you can expect to receive a message from the Queen. But what happens when living [...]
Ladies who don’t lunch: Maike Currie talks to Christine Johnson about bonds, bubbles and being a rebel July 14, 2016 "I am definitely a bond person,” says Christine Johnson, head of fixed income at Old Mutual Global Investors. We’re having lunch at Spring restaurant in Somerset House and I am beginning to understand what Christine means when she says that as a fund manager you need to “live your job”. She likens her personality to [...]
Past is the past: Mohammad Amir–inspired Pakistan will be a stern challenge for England July 13, 2016 All the talk is of convicted spot-fixer Mohammad Amir returning to Test cricket and he is a big reason why I expect Pakistan to provide a stern challenge for England when the four-match Investec series gets underway at Lord’s on Thursday. The 24-year-old looks to be bowling pretty well and swinging the Dukes ball late, [...]
England skipper Alastair Cook urges debutant Jake Ball to seize Test opportunity and rip through Pakistan July 13, 2016 England skipper Alastair Cook has backed seamer Jake Ball to rack up the wickets when he makes his international debut in today’s first Investec Test against Pakistan at Lord’s on Thursday. Cook has confirmed that Nottinghamshire quick Ball, who has claimed 96 first-class scalps, has been given the nod over Middlesex rookie Toby Roland-Jones to [...]
Joe Root hits back at claims England have will have weak middle order for first Pakistan Test July 12, 2016 England batsman Joe Root has hit back at Pakistani suggestions that his move to No3 will weaken the hosts’ middle order in the first Investec Test at Lord’s, which starts on Thursday. Root’s promotion comes after Nick Compton opted to take an extended break from his struggles with the bat, while all-rounder Ben Stokes is [...]
Royal Bank of Scotland chair hints Brexit turmoil will delay government sale July 6, 2016 The boss of Royal Bank of Scotland (RBS) has predicted it will be some time before the government can start to sell off its shares in the bank. Sir Howard Davies, chairman of the lender, which is 73 per cent taxpayer-owned, told the BBC it was “realistic” to think the government will have delayed its plans [...]
Irish service sector business sentiment tumbled in June July 5, 2016 Irish service sector business expectations have dropped to their lowest levels in almost three years a survey released today indicated. Many firms expressed concern over the impact of Brexit on the Irish services sector even though the majority of responses were collected before 23 June. The Investec Purchasing Managers Sub-Index – which indicates the underlying [...]
Spot-fixer Mohammad Amir stars on return to first-class cricket in England and boosts chances of Test recall July 4, 2016 Pakistan seamer Mohammad Amir claimed three wickets on his return to first-class cricket in England, six years after the spot-fixing scandal which led to a prison sentence. Amir served a jail term as well as a five-year ban from the sport after being found guilty of deliberately bowling no-balls during a Test match at Lord’s in [...]
Big firms suffer as investment banking fees plunge 23 per cent in first half of 2016 July 4, 2016 Investment banking (IB) fees plunged by more than a quarter in the UK and Ireland in the first half of 2016, new figures show. Global fees for the six-month period were $37.1bn (£27.9bn), down 23 per cent on the same period in 2015, according to Thomson Reuters. This was the lowest first-half figure since 2012. And the [...]
Gutterball: Bowling alley firm postpones flotation plans after Brexit July 3, 2016 A bowling alley firm has pushed back its plans to float on the stock market following last month’s Brexit vote. Hollywood Bowl had planned to launch an initial public offering (IPO) this month. But the plans have now been pushed back towards the end of the summer. Elsewhere, Sky News reported that NewDay, which provides store cards [...]