Pub companies: Is now the time to invest in a cheap pint? September 23, 2019 Investors in Greene King are raising a glass in celebration after Hong Kong’s richest man, Victor Li, agreed to buy the UK’s largest publicly-listed pub and brewery company for £4.6 billion (including net debt). A unit of Li’s investment vehicle, CK Asset Holdings, has bid 850 pence per share – more than a 50 per [...]
Carlton Cole interview: Former West Ham striker on his career, new life as a coach and strawberry Haribos September 19, 2019 Carlton Cole can recall the moment he knew his race had been run. After his football career had taken him to three different countries in three years, through brief stints with Celtic in Scotland, Sacramento Republic in the United States and Persib Bandung in Indonesia, he was back in London on trial with AFC Wimbledon [...]
Norwich win over Man City highlighted all that’s exciting about new season September 15, 2019 There is an invigorating unfamiliarity to the new Premier League season, with some eye-catching displays from the promoted teams introducing a new cast of exciting players and, most surprisingly of all, a feeble start to their title defence from Manchester City. Norwich City’s improbable 3-2 victory over City on Saturday evening wrapped all of those [...]
Hong Kong bourse proposes £32bn merger with London Stock Exchange September 11, 2019 Hong Kong Exchanges and Clearing (HKEX) has made a surprise proposal to buy the London Stock Exchange (LSE) in a £30bn tie-up, it said this morning. Read more: London Stock Exchange seals $27bn Refinitiv deal Yet it said the deal is subject to LSE’s mammoth $27bn (£22bn) merger with financial data provider Refinitiv falling through. [...]
Scottish court rules parliament suspension unlawful September 11, 2019 The Prime Minister’s suspension of parliament has been ruled unlawful by judges at Scotland’s highest civil court. Appeal court judges, chaired by Lord Carloway, Scotland’s most senior judge, overturned an earlier ruling that the courts did not have the powers to interfere in Boris Johnson’s decision to prorogue parliament. Read more: Boris, Brexit and the backstop: What [...]
Global cooperation is under threat – here’s how to revive it September 9, 2019 Now is a difficult time for international cooperation. The Amazon is ablaze, and world leaders seem powerless to save the planet’s lungs from careless destruction. The global economy is teetering on the brink of a downturn, with a US-China trade war showing no signs of abating. Meanwhile, the UK is set to launch in November [...]
Chuka Umunna denies ‘opportunism’ in switching to City of London parliamentary seat September 6, 2019 Lib Dem MP Chuka Umunna has denied that switching his parliamentary seat to the Cities of London and Westminster constituency is opportunistic. Umunna announced he would contest the Tory flagship seat at the next election, having represented people living in Streatham in south east London for the last nine years. Read more: Ex-Labour MP Luciana [...]
City Moves for 3 September – Who’s switching jobs at Globalwebindex, Grosvenor Britain & Ireland and Secret Escapes? September 3, 2019 Today’s City Moves includes Globalwebindex, Grosvenor Britain & Ireland and Secret Escapes. Globalwebindex Supplier of audience insights to the global marketing industry Globalwebindex has announced the appointment of James Scott to the newly created position of chief commercial officer, where he will champion the growth and scalability of the business. James will be responsible for [...]
How the Tottenham Hotspur Stadium was designed and the future of football grounds August 27, 2019 The third of April 2019 was a big day for Christopher Lee. After months of delays, speculation and criticism the Tottenham Hotspur Stadium officially opened its doors, with Spurs facing Crystal Palace in the Premier League. For the stadium’s project director it was the culmination of eight years of hard work – a chance for [...]
Government ‘knew for years’ that HS2 will blow its budget August 27, 2019 The government has known for years that HS2, Britain’s controversial new high speed railway, is running over budget and behind schedule, it is reported. The Department for Transport (DfT) and HS2’s managers knew at least as early as 2016 about the project’s troubled outlook, according to documents seen by the BBC. Read more: Why it’s [...]