Carlo Ancelotti adds to Chelsea managerial uncertainty as Italian appears ready to replace Pep Guardiola at Bayern Munich December 16, 2015 Chelsea look set to spare manager Jose Mourinho the axe before Saturday’s match against Sunderland as the list of potential replacements for the under-fire Portuguese appears to dwindle. Mourinho took training as usual yesterday despite growing uncertainty over his position following Monday’s 2-1 defeat at Leicester, a result that left the struggling champions one point [...]
Is Labour leader Jeremy Corbyn right – when it comes to kickstarting the economy, is it time for a people’s QE? December 14, 2015 This is a big week for capitalism. In the next few days, the US Federal Reserve will finally start to remove its accommodative post-2008 crisis policy by pulling money out of markets. With asset markets buoyant and the American jobs market seemingly strong, policy-makers should be surely saying ‘job well done’? But, on the ground, [...]
Shopping in London: This weekend is going to be the busiest day in the West End for Christmas present buying December 11, 2015 Planning to go shopping in London this weekend? You're not the only one. In fact, retailers in the West End are preparing themselves for the busiest Christmas gift-buying weekend of the year. Shoppers are expected to spend £120m in the next two days – comparable to the £200m spent over the three days of Black [...]
Bottling airport decision is bad for UK business and casts doubt over new infrastructure commission December 11, 2015 What exactly was the point of the Airport Commission? That was the question being asked last night by, among others, IoD boss Simon Walker. Having launched in 2012, the commission reported earlier this year after an extensive and exhaustive investigation into Britain’s airport capacity. The exercise cost £20m and was designed, in part, to remove [...]
Heathrow decision delayed: Government confirms deadline has been extended until next summer December 10, 2015 The government has confirmed that it will delay making a decision on whether to expand Heathrow Airport until at least next summer. In an announcement that sparked outrage among business groups, the government said that it "accepted the case for airport expansion in the south-east and the Airports Commission’s shortlist of options for expansion" but "more work [...]
Oil prices could stay under $50 as defiant Opec fails to reach agreement on production levels December 7, 2015 Oil prices could remain stuck under $50 amid one of the worst supply gluts in history, as a defiant Opec failed to agree new production levels at an acrimonious meeting at the end of last week. Global benchmark Brent crude fell two per cent to $42.93 a barrel after the Vienna meeting and has stayed around that [...]
Countdown to Christmas 2015: Seven losers of the year featuring Sepp Blatter, Ukip and the England rugby team December 5, 2015 For every glorious sporting triumph, history-making achievement, scientific breakthrough, artistic masterpiece or political triumph achieved in 2015, there has been a fall from grace to go with it. Whether it's an ousted president, collapsed share price or corporate disaster, for this lot, 2016 can't come soon enough. Read more: Beer, burritos and gifs: This was crowdfunding in 2015 [...]
Syria airstrike vote 2015: Here’s how your MP voted December 3, 2015 Last night MPs voted in favour of the UK beginning airstrikes against Islamic State (Isis) with an overwhelming majority of 397 votes to 223, following a gruelling 10-hour debate in the House of Commons. The move was controversial, with huge numbers of people protesting against military intervention. Some Labour MPs claimed they were being intimidated to [...]
The top four is up grabs – it’s time for Tottenham chairman Daniel Levy to loosen the transfer shackles for Mauricio Pochettino in January window December 2, 2015 If there’s one thing Mauricio Pochettino’s time at Tottenham has demonstrated, it’s that team-building in the Premier League doesn’t start and end with the transfer window. Spurs’ impressive start to the season has been based not on the purchase of any marquee summer signings but instead on a foundation of a young squad willing to [...]
Croydon poised for 63 per cent surge in office rents by 2017 as the borough undergoes a revival December 1, 2015 Croydon office rents are set to surge by 63 per cent in the next two years, new research shows, as the south London borough undergoes a revival and new schemes come onto the market. According to Savills, rents will rise from £24.50 per sq ft to £40 per sq ft (£430 per sq m), putting Croydon [...]