Kevin Pietersen, Tymal Mills and Luke Wright quit Pakistan Super League days before final amid Lahore safety fears March 1, 2017 Former England batsman Kevin Pietersen, fast bowler Tymal Mills and all-rounder Luke Wright have pulled out of the Pakistan Super League final amid safety fears. Pietersen, England Twenty20 specialist Mills and Wright had been due to play for Quetta Gladiators on Sunday in Lahore, which has been hit by a series of bombings by Islamist [...]
Steel billionaire Lakshmi Mittal’s son-in-law Amit Bhatia is a Snap investor and he expects the IPO to boom March 1, 2017 Snap's impending float will be mega successful, according to a London investor in the messaging app. Amit Bhatia, steel billionaire Lakshmi Mittal's son-in-law and founder of Swordfish Investments, took part in a funding round in 2014 that valued the company behind Snapchat at $10bn (£8.13bn). "Far from looking to exit at IPO, I would look to add to my [...]
Liverpool suffer £20m loss as revenue lags behind Premier League rivals March 1, 2017 Liverpool suffered a £19.8m loss last season despite generating more revenue than ever before. The Premier League side boosted revenue by £3.9m to a club record £301m, yet finished the year in the red as a result of "further investment and turnover in the first team squad" in the year ending 31 May 2016. Twelve [...]
It’s pure rubbish to claim a low tax, low regulation Britain would be a disaster March 1, 2017 Dame Minouche Shafik, deputy governor of the Bank of England, is leaving to become director of the London School of Economics. Last weekend, she gave her final interview wearing her Bank hat. Shafik issued what was described in the media as a “thinly-veiled warning” to the chancellor Philip Hammond. She stated that it was an [...]
Meggitt’s share price rockets as profit beats expectations and Trump promises more defence spending February 28, 2017 Shares in Meggitt rose more than 11 per cent this morning after the aerospace and defence firm beat forecasts and investors cheer on Donald Trump's plan to pump up defence spending. The figures The firm's reported revenue increased 21 per cent to £1.99bn in the year to 31 December 2016, helped by foreign currency movements, while underlying [...]
Douvan and Co have Willie Mullins dreaming of more Festival success February 28, 2017 ALTHOUGH the sun was shining at Willie Mullins’ Closutton base on Monday, as he briefed the media ahead of the Cheltenham Festival, some dark clouds have been hovering over the County Carlow stable this season. The Irish champion trainer has saddled an astonishing 15 winners at the last two festivals, but the run-up to this [...]
Older workers prepare to work until 70 years of age February 28, 2017 Older workers are preparing to work until 70 years of age, according to a poll by the Chartered Institute of Professional Development (CIPD). The survey polled 1,600 UK employees and showed that a third (37 per cent) of all workers believe they will have to work past the widely accepted retirement age of 65, a [...]
Government cuts discount rate: Experts react to move by justice secretary Liz Truss and warn on implications February 27, 2017 The government's decision to slash the insurance discount rate caught most of the sector's largest firms by surprise this morning. In particular, large motor insurers such as Direct Line (shares dropped by more than six per cent) and Admiral (down more than two per cent) were hit. [stockChart code="DLG" date="2017-02-27 15:08"] What is the discount rate? The [...]
Rickie Fowler’s Honda Classic win is a timely reminder that he belongs in the top bracket February 27, 2017 It feels like a while ago that Rickie Fowler responded to being voted one of the most overrated players on the PGA Tour by his peers with a burst of impressive victories. Fowler started by winning the Players Championship in May 2015. He followed it up at the Scottish Open a couple of months later [...]
There’s no such thing as “fat-shaming” – it’s just advertising February 27, 2017 I take issue with the Vicariously Offended; the virtuous who take up the mantle of oppression, regardless of whether they are personally affected, at every given opportunity. I bit my tongue last week when they took offence at Protein World’s Tube campaign questioning commuters’ ability to “keep up with a [very slim] Kardashian.” It was, [...]