London Sports Festival moves from 3×3 basketball success to pickleball at the City of London Corporation’s Guildhall Yard
Apple stock rebounds as Chinese stocks of new iPhones sell out September 17, 2013 Apple's Chinese website shows all pre orders of their 5C and 5S devices have sold out (a translation of their Chinese site here), but there's still no word on what total pre orders are at. That's unusual from Apple. Typically, they'll announce pre order numbers shortly after they launch. Those pre orders begun shortly after [...]
Business of the year September 16, 2013 There’s been some really first-rate performances from some of the nation’s kargest and best known companies this year, making choosing a winner exceptionally hard. The most surprising entrant perhaps is Ocado, since many in the City had written the internet grocer off after its share listing. Thomas Cook is in there because in 2013 it [...]
Lib Dems look to up tax on cider with reclassification September 16, 2013 One of the more bizarre recommendations from the Liberal Democrat party conference comes in the form of a push to redefine cider, revealed in notes first published by City A.M.. We want to alter the definition of cider for duty purposes to exclude the mass-produced, lower quality products from the beneficial low duty rates (compared [...]
Lib Dem lines to take for interviews – in full September 16, 2013 The Lib Dems appear to have given journalists their full lines to take for every interview: Five things to remember for every interview This conference sees the party in a confident mood We have a strong record of achievement in Government Our priorities are jobs and easing the squeeze on household budgets Labour cannot be [...]
What the other papers say this morning – 13 September 2013 September 12, 2013 FINANCIAL TIMES Cameron crackdown on music piracy David Cameron has appointed a former music industry executive as his adviser on intellectual property, setting the stage for a government crackdown on copyright infringement. Mike Weatherley, MP for Hove and Portslade and former finance director for Pete Waterman’s entertainment businesses, will take on the newly created role [...]
Vodafone UK chief leaving for top job at Canadian network September 12, 2013 VODAFONE UK chief executive, Guy Laurence, stood down yesterday with immediate effect to become chief executive of Rogers Communications, Canada’s largest mobile network. Laurence – who has held Vodafone UK’s top job since 2008 – will be succeeded by Jeroen Hoencamp, former chief executive of Vodafone Ireland. In a note to staff earlier today, Vodafone [...]
The Long View: The key to effective action? Don’t view the world in those nifty shades of grey September 12, 2013 SHADES of grey are fashionable – and not just because of those kinky books. If there’s one ideal that the modern intellectual class likes to celebrate, to praise in students and respect in authority, it is a fine, discriminating eye for picking out the full spectrum of grey on any issue. Monochrome thought is for [...]
Letters to the editor for 13 September 2013 September 12, 2013 Financial taxes [Re: The unlawful EU financial transaction tax should rightfully be abandoned, yesterday] I oppose the EU’s Financial Transactions Tax (FTT), but why are we ignoring the fact that we already have a domestic 0.5 per cent levy on share trading in the UK? Stamp duty is five times the rate of the FTT’s [...]
Verizon borrows $49,000,000,000 in just one day September 11, 2013 TELECOMS giant Verizon borrowed a record $49bn (£31bn) from the bond markets yesterday – an astonishing sum that is larger than the economies of more than 90 countries. The debt deal, which was so large that it took even Wall Street by surprise, will be used to finance the company’s $130bn purchase of Vodafone’s [...]
Apple share price crushed by hat-trick of downgrades September 11, 2013 APPLE shares slumped yesterday after investors raised concerns that a new cut-price iPhone model is not cheap enough to boost the company’s market share in developing economies. Analysts at Piper Jaffray, UBS and Credit Suisse all reduced their outlook for the company’s stock following Tuesday’s long-awaited announcement of the iPhone 5C, a cheaper version of [...]