At the close: FTSE 100 closes down after the European Central Bank is more dovish than expected December 3, 2015 The FTSE 100 index closed lower on Thursday, alongside other European indices, after the European Central Bank's (ECB) measures disappointed markets. The index closed 2.27 per cent down, at 6,275 points, while the German Dax ended 3.58 per cent lower at 10,789 points and France's CAC 40 shut 3.58 per cent down at 4,730 points. The [...]
Findel one step closer to blocking Sports Direct’s plan to shake up board, as shareholderse Toscafund, Schroders and River & Mercantile agree to vote against resolution December 2, 2015 At least three of Findel's major shareholders have said they will vote against a resolution that would put a Sports Direct-nominated director on the company board, taking the total number of votes expected to go against the move to nearly 44 per cent. Sports Direct (SDI) took a 19 per cent stake in the company, which [...]
How Manchester City and China could help each other conquer the world following £265m investment December 1, 2015 Manchester City’s owners heralded the “incredible potential that exists in China” after selling a 13 per cent stake in their company to a Chinese consortium for £265m on Tuesday. City Football Group (CFG), which also owns New York City FC, Melbourne City FC and a stake in Yokohama Marinos has been valued at £2bn by [...]
Rangers chairman Dave King slams Sports Direct “agenda” against board but agrees to repay £5m loan to Mike Ashley’s company November 27, 2015 Rangers chairman Dave King blasted Mike Ashley's Sports Direct over "incessant litigation" which he says has harmed the club's rehabilitation. The Ibrox board announced it had agreed to repay a £5m loan from Sports Direct, reversing an earlier decision not to, at the club's annual general meeting in Glasgow. Speaking to around 1,000 shareholders today, [...]
Black Friday 2015 UK deals: Amazon, John Lewis, Tesco, Currys PC World, Ebay, Carphone Warehouse and Asos sales are here November 26, 2015 Retailers up and down the UK are offering massive savings as part of the Black Friday sales. This year Black Friday will happen on Friday 27th November. However, some retailers have already started their week of deals. Outlets including Amazon, Argos, Very, Ebay have been running hundreds if not thousands of deals throughout the week. Others like Tesco, John [...]
Best Black Friday 2015 UK deals on sportswear, gear and trainers from JD Sports, Sports Direct, SportsShoes.com, Decathlon, Pro:Direct and others November 26, 2015 The frenzied sales of Black Friday have become synonymous with crazed customers fighting over cut-price HD TVs amid shopping aisle stampedes – but it doesn't have to be so stressful. In fact, avoid going out altogether and instead of a new screen to give your eyes a good glazing, order some sportswear to get you off [...]
Sports Direct, Debenhams, Tesco and House of Fraser: What does Mike Ashley own and how much is he worth? November 25, 2015 It's been a busy year for Mike Ashley, who has been buying up retailers and football clubs left, right and centre. But what exactly does he own, and how much has it cost him? And what on earth do his Sports Direct shareholders make of all the investing? Sports Direct International Ashley owns 58 per [...]
Autumn Statement 2015: George Osborne’s speech transcript in full including stamp duty, business rates and corporation tax announcements November 25, 2015 Mr Speaker, this Spending Review delivers on the commitment we made to the British people that we would put security first. To protect our economic security, by taking the difficult decisions to live within our means and bring down our debt. To protect our national security, by defending our country’s interests abroad and keeping our [...]
Eddie Jones: Why England Rugby’s new head coach could benefit from keeping Stuart Lancaster involved November 20, 2015 Eddie Jones is the exciting, big name appointment to head coach many England fans were hoping for – but could there still be a role for Stuart Lancaster in the England set up? Heads were always going to roll after England's World Cup results and the level of investment in the team, but we need [...]
England’s appointment of Eddie Jones as head coach signals southern hemisphere coaching dominance of world rugby November 20, 2015 On February 6, 2016 history will be made at Murrayfield – for the first time in history, England's players will be directed by a head coach from abroad. The RFU has appointed Australian Eddie Jones as the man to lead England's recovery from a disastrous World Cup, succumbing to the temptation of sourcing southern hemisphere expertise [...]