DX pounces as City Link starts asset fire sale January 6, 2015 CITY Link administrator Ernst & Young yesterday kick-started a fire sale for the beleaguered parcel delivery service’s assets, as it attempted to recoup some of the investment of private equity owner Better Capital. Rival delivery firm DX completed the purchase of £1.125m worth of assets that included cages, scanners and certain intellectual property. Petar Cvetkovic, [...]
January transfer window 2015: Tottenham have spent £50m more than Arsenal in winter windows January 6, 2015 Having moved ahead of North London rivals Arsenal in the Premier League last week, Tottenham Hotspur may look to consolidate their position by bringing in new recruits in this month’s January transfer window. After a relatively poor start in the league, Arsenal look to be more in need of reinforcements in midfield and defence, yet [...]
Chelsea have more of the world’s most valuable players than any other club, according to new study January 6, 2015 Three of the 10 most valuable players in the world currently ply their trade at Stamford Bridge, according to a new study from the CIES Football Observatory. Eden Hazard, Diego Costa and Francesc Fabregas are all named in the top 10, alongside Liverpool’s Raheem Sterling and Arsenal’s Alexis Sanchez. No other club in Europe has [...]
Investors feasted on £13.6bn in London-listed IPOs last year January 6, 2015 Hungry investors feasted on billions of pounds in initial public offerings (IPOs) on the London Stock Exchange last year. In 2014 around 104 plucky issuers raised a total of £13.6bn on London's main and AIM markets. This represented a 10 per cent increase from the previous year's activity according to data from Thomson Reuters. Throughout the [...]
The City must make the case for EU reform – for the sake of all Europe January 5, 2015 The General Election looms large at the start of this New Year. For practical reasons, business prizes stability and places a premium on calm trading conditions, as major changes in policy have an unsettling effect on potential investors. And few decisions will have such a far reaching impact on the UK economy as what we [...]
Robson and Lyth sparkle for Lions as Trott wobbles January 5, 2015 OPENERS Sam Robson and Adam Lyth both smashed centuries while skipper Jonathan Trott failed as England Lions began their tour of South Africa with a dominant batting display on day one of their warm-up clash with Gauteng Invitation XI in Soweto yesterday. Middlesex’s Robson struck 109 while Yorkshire run-machine Lyth amassed 106 as the pair [...]
The 100 City people you need to follow on Twitter this year, day one: Entrepreneurs January 5, 2015 It's the beginning of 2015, so it's time to give your Twitter account a revamp: out with that Cheryl Cole spoof account, in with people who can give you the knowledge to get ahead in your career. Over the next five days, we'll be giving you the best and brightest City types to follow, from [...]
General Election 2015 advertising: The campaign posters that flatter to deceive January 4, 2015 The parties’ main campaigns kick off today, but electoral advertising is already in full swing. In the first skirmishes of the upcoming general election campaign, two old-fashioned outdoor posters have been causing controversy. Both the Labour Party and the Conservatives unveiled posters over the weekend that have been subject to much nitpicking [...]
City Matters: Our economic problems won’t go away just because it’s an election year January 4, 2015 AS MANY workers return to their offices today after a well-deserved break, attention turns to the economic challenges that we are going to face in 2015. On that list are a number of issues, all of which present concerns to varying degrees: a snap election in Greece adding to Eurozone uncertainty; the perennial speculation about [...]
Wade makes Six Nations England bid in Wasps win January 4, 2015 WASPS boss Dai Young has backed Christian Wade to earn a recall to Stuart Lancaster’s England squad after the winger played a starring role in the 41-16 demolition of Sale at the Ricoh Arena yesterday. Scrum-half Joe Simpson crossed the line twice in the bonus-point victory, while flankers James Haskell and Ashley Johnson as well [...]