Are UK markets overstretched? December 21, 2017 With the FTSE 100 and All-Share a wee bit below their all-time highs and valuations above average, many fear equities are too high and will soon fall. However, in our view, such worries are misplaced. Valuations aren’t predictive, and markets routinely set all-time highs during bull markets. We expect UK markets to keep making chart-topping [...]
Are UK markets overstretched? December 21, 2017 With the FTSE 100 and All-Share a wee bit below their all-time highs and valuations above average, many fear equities are too high and will soon fall. However, in our view, such worries are misplaced. Valuations aren’t predictive, and markets routinely set all-time highs during bull markets. We expect UK markets to keep making chart-topping [...]
HMS Queen Elizabeth: The Royal Navy’s newest aircraft carrier has sprung a leak December 19, 2017 The UK’s newest aircraft carrier has sprung a leak just weeks after being commissioned by the Queen. The HMS Queen Elizabeth is taking on water because of a faulty seal on one of its propeller shafts. The ship has been taking on up to 200 litres of sea water per hour as a result, the [...]
Tony Martin retracts comments over Chris Froome and adverse drugs test December 18, 2017 Four-time world champion Tony Martin has backtracked on comments made about supposed preferential treatment shown towards Britain’s Chris Froome by governing body the UCI following his adverse drugs test. Froome was found to have double the legal dosage of asthma drug Salbutamol in his urine when tested at the Vuelta a Espana in September, a [...]
White Christmas: Is London to miss out? And will air, road and railways be disrupted? December 16, 2017 Despite temperature gauges plunging into negative territory of late, above average temperatures in the days before Christmas mean snowfall is not likely, forecasters say. From this Thursday (21 December) a drier front is set to sweep across the south of England under cloudy skies. This contrasts with the north of the UK, which has the [...]
Roy Hodgson: TV rescheduling over Christmas will take its toll on Crystal Palace squad December 14, 2017 Crystal Palace manager Roy Hodgson has bemoaned “harsh” fixture re-scheduling for TV that requires his side to play three Premier League games in six days over the Christmas period. The Eagles host Arsenal on Thursday 28 November, two days after most clubs play on Boxing Day, in an 8pm kick-off on Sky Sports. Hodgson’s men [...]
Rupert Murdoch denies a “retreat” as Disney confirms buyout of 21st Century Fox assets for $52bn December 14, 2017 Rupert Murdoch denied today that his family was “retreating” as his media empire was broken up by a $52bn (£39bn) sale of 21st Century Fox assets to Disney. “I know a lot of you are wondering, why have the Murdochs come to such a momentous decision?” the recently married 86-year-old said on a call with [...]
Blackrock latest massive investor to back London Stock Exchange chairman ahead of shareholder vote December 13, 2017 Blackrock has become the latest giant investor to back the London Stock Exchange (LSE) chairman ahead of a shareholder vote on his future next week. Shareholders will vote on Tuesday on a resolution brought by activist investor Sir Chris Hohn which would remove chairman Donald Brydon. Hohn accuses Brydon of arbitrarily removing former chief executive [...]
Oh, balls: Sir Richard Branson reignites five-year-old bet with Willie Walsh promising a “knee in the groin” December 12, 2017 One of the most high profile rivalries of the skies was reignited yesterday, threatening the manhood – and perhaps the pockets – of Britain’s two largest airline personalities. The sensational stand-off came to a head when Sir Richard Branson claimed he had won a five-year-old bet against rival Willie Walsh. Walsh, the boss of British [...]
Brexit: Sufficient progress reached, Jean-Claude Juncker confirms – meaning trade and transition can finally be discussed December 8, 2017 Jean Claude Juncker has confirmed that Brexit talks can move onto the second phase after a “break through” was made early this morning. That means negotiators can finally move onto discussing post-Brexit trade and transition – sneaking in ahead of the year-end deadline that businesses warned must not be missed. The move will give reassurances [...]