Celebrities take to the trading floor to raise money for charity September 11, 2019 Prince Harry became a city boy for a morning yesterday. Along with movie stars, music artists and sports personalities, the Duke of Sussex turned his hand to trading stocks in aid of charity. Traders watched on as the Prince hit the phones to seal deals with clients, helping to raise money as part of brokerage [...]
Spring in sight for Four Seasons with takeover deal September 11, 2019 Residents at Four Seasons care homes may see light at the end of the tunnel tomorrow as it looks posed to announce a deal with H/2 Capital Partners to take over most of the sites. The US hedge fund is set to take on 185 of the company’s 320 care homes and continue to run [...]
Mike Ashley survives shareholder vote at Sports Direct meeting September 11, 2019 Mike Ashley emerged from today’s Sports Direct meeting relatively unscathed as shareholders voted to re-elect him as a director of the FTSE-250 firm. In total, 90.99 per cent voted to reappoint Ashley as a director and 9.01 per cent voting against. However, Ashley owns 61 per cent of the shares. Read more: Mike Ashley to [...]
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 [...]
Ranked: The UK’s fastest growing companies for brand value September 11, 2019 Deliveroo, Costa Coffee and Brewdog are growing in value faster than any other UK brands, according to a survey published today. The food delivery app topped the list, increasing its value 54 per cent to $1.4bn (£1.1bn), while coffee chain Costa jumped 48 per cent to $1.5bn, boosted by its takeover by Coca Cola. Read [...]
England 5-3 Kosovo: Three Lions show all their colours in wide-open thriller at St Mary’s September 10, 2019 Fans often moan that international football is boring, that games are one-sided and that results are predictable. Those gripes were nowhere to be heard tonight as England and Kosovo served up an absurdly open, seesawing and incident-packed eight-goal thriller at St Mary’s. It was a crazy Euro 2020 qualifier which had it all, displaying all [...]
Sports Direct pleads with big four auditors to check its books September 10, 2019 Sports Direct, the retailer founded by Mike Ashley, is pleading with the big four accountancy firms to audit its books as it worries smaller accountants would not be up to the task. Over the last fortnight the company has sent overtures to the auditors ahead of its annual general meeting tomorrow, Sky News reported. Grant [...]
Macquarie ‘determined’ to buy Solarcentury September 10, 2019 Australian investment bank Macquarie has its sights set on the UK’s largest solar companies, in a deal which could be worth £250m. The bank is in the last two bidders in the race to snap up Solarcentury, which has around 20 years experience in the sector. Macquarie is “determined” to buy the solar experts, sources [...]
Endemol Shine signs podcast deal with Global’s ad platform Dax September 10, 2019 Media giant Endemol Shine has entered the booming UK podcast market, signing a two-year deal with audio advertising platform Dax. Read more: Podcast startup Entale secures £2m backing from Daily Mail Endemol has appointed Dax, which is owned by radio group Global, as its advertising sales partner across its original podcast series. The announcement comes [...]
Shares in British Airways owner IAG bounce as strike enters second day September 10, 2019 Shares in British Airways’ parent company IAG are up by more than five per cent this morning as the airline suffers its second day of strike action. Pilots who are members of the British Airline Pilots’ Association (Balpa) are into their second day of industrial action in an ongoing dispute over pay and working conditions. [...]