Senior KPMG restructuring partners set for 25 per cent pay rise to stave-off break up September 15, 2019 Senior partners in KPMG’s restructuring division have received a 25 per cent pay rise as the accountancy giant tries to prevent a potential break-up, it was reported this weekend. The Big Four accountancy firm, which has been involved in high-profile business failures, including the collapse of outsourcer Carillion in January 2018, had been holding talks [...]
Consortium led by Dalmore in talks to buy stake in UK’s £6bn nuclear power stations September 14, 2019 A consortium is in talks to buy a 20 per cent stake in the UK’s nuclear power stations. Dalmore, Equitix and GLIL Infrastructure are the funds closing in on a deal for a share in the power stations, which are valued at about £6bn, according to Sky News. Read more: Energy group Wood to sell [...]
Wrightbus in rescue talks as 1,400 jobs at risk September 14, 2019 London bus maker Wrightbus will hold talks with Irish transport executive Darren Donnelly this weekend in a bid to avoid administration. Donnelly is the leading contender to acquire Wrightbus, according to Sky News, but the bus maker could be forced to appoint administrators if a rescue deal is not concluded by next week. Read more: [...]
Clintons signs up advisers as greeting card stalwart eyes potential sale September 13, 2019 The owners of greeting card chain Clintons have called in advisers as they weigh up a potential sale of the business. The Weiss family, which previously controlled US firm American Greetings, has appointed professional services giant KPMG to oversee a review of strategic options. Read more: Card Factory delivers sales rise despite challenging consumer market [...]
Horse Racing Betting Tips: Punters ready for A Momentofmadness in the Portland September 13, 2019 SINCE its establishment in 1885, the William Hill Portland Handicap (1.50pm) has only seen four back-to-back winners, with Halmahera incredibly winning the race three years on the bounce from 2002 to 2004. Such a paucity of multiple winners of the 5½f contest shows just how hard it is to win it again, but I’m hoping [...]
Heathrow drone protest: Airport ‘remains open’ as police make two arrests September 13, 2019 Heathrow has said its runways remain open today despite efforts by climate change protesters to disrupt flights after two men were arrested. The Metropolitan Police arrested the two men at 5.50am in the vicinity of the airport on suspicion of conspiracy to commit a public nuisance offence. Read more: Heathrow exec likens expansion plans to [...]
Don’t let the socialists win the argument – capitalists have solutions to inequality too September 13, 2019 Inequality is a hot topic, yet those of us who support free markets are often dismissive of the issue. We (rightly) point out that the most important thing is economic growth – the key driving force behind increasing prosperity for everyone. However, free-marketeers are wrong to see concerns over inequality as the preserve of those [...]
England’s horror film batting makes a mockery of The Oval’s pleasant conditions to spurn fifth Test opportunity September 12, 2019 Many horror films begin with an opening period of calm serenity. A group of fresh-faced innocence teenagers go to a cabin by a lake. A family check into a remote, eerie, cobweb-filled mansion. A group of friends head off on a road trip across the barren countryside. Initially the characters go about their lives with [...]
Horse Racing Betting Tips: Gosden’s dashing grey will light up Leger day September 12, 2019 RACING folklore states, ‘the fastest horse wins the Guineas; the luckiest the Derby – and the best horse wins the St Leger.’ There’s absolutely no chance LOGICIAN, the leading fancy for tomorrow afternoon’s William Hill St Leger (3.35pm), would have had the speed to land a Guineas over a mile, while the John Gosden-trained son [...]
Ex-Terra Firma boss poised to join Heylo September 11, 2019 The former boss of private equity house Terra Firma is set to be announced as the next chief executive of Heylo, a British provider of affordable housing. Andrew Geczy will be tasked with accelerating Heylo’s expansion, Sky News reported. It owns Home Reach which has delivered 4,000 properties and has raised hundreds of millions of [...]