Horse Racing Betting Tips: Don’t be a Fool and stick with Fahey’s in the opener May 8, 2019 THERE really is nothing quite like Chester, although the track most similar to it is probably Happy Valley in Hong Kong. Like with Happy Valley, it is the races over five and six furlongs where the draw is the most important. In today’s opening Gateley PLC Handicap (1.50pm), the last seven winners have all burst [...]
Why FinTechs are barking up the wrong tree April 30, 2019 While fintechs wave the flag of disruption and chant ‘financial inclusion for all’, the knights that promise to save the masses from the vagaries of traditional financial services have a more pressing agenda – profit. Both nascent and established players in consumer-facing financial service industries are searching for the holy grail that delivers droves of [...]
For a brand like Nike, nothing beats an athlete with a crazy dream April 23, 2019 As Tiger Woods rolled in his final putt, securing victory at Augusta and claiming his long-awaited fifteenth major title, Nike was ready and primed for the magical moment. Some 14 years after his last victory at the Masters and 11 years after his last major title, Woods now stands just three behind the greatest golfer in [...]
Facebook permanently bans a dozen far-right groups and individuals including BNP, Britain First and English Defence League April 18, 2019 Facebook has permanently banned a dozen far-right groups and individuals, including the British National Party and its former leader Nick Griffin. The social media network imposed the bans today as part of its “dangerous individuals and organisations” policy. Read more: Facebook uploads email contacts of 1.5m new users in latest privacy blunder It comes amid [...]
US private equity activity slumps in first quarter April 11, 2019 Private equity activity in the US slumped in the first quarter of this year following a record breaking year in 2018. US deal and exit count dropped 27.9 per cent and 42.5 per cent respectively between January and March this year. Read more: Private equity investment bounces back at the beginning of 2019 Year-on-year deal [...]
Topshop billionaire Sir Philip Green slammed over potential pensions row as US investor backs out April 10, 2019 Sir Philip Green’s troubles escalated this morning as an influential parliamentary chair hit out at the billionaire tycoon and news emerged of a top US backer pulling out of his retail empire. The Topshop owner has been accused of being up to “old tricks again” by Frank Field, chair of the Work and Pensions Select [...]
Warner Bros files copyright complaint against Trump’s Dark Knight Rises re-election tweet April 10, 2019 Warner Brothers is taking legal action against US President Donald Trump after he posted a video on Twitter that used music from The Dark Knight Rises. Read more: Mueller report to be released 'within a week' Trump yesterday posted the two-minute promotional video, seemingly as part of his 2020 re-election campaign, accompanied by the caption “MAKE [...]
KPMG examining audit spin-off in wake of damning report from MPs April 8, 2019 Big Four accounting firm KPMG is reportedly planning an overhaul of its UK business in the wake of political pressure and a wave of scandals. KPMG could split its UK audit practice from its wider UK business, The Times reported. Read more: MPs call for full breakup of audit’s Big Four in wake of scandals [...]
Professional services firm BDO plots out break-up plan April 7, 2019 Accountancy and professional services firm BDO is plotting out how it will carve off its auditing arm from the rest of its UK business, following a withering report from MPs on the embattled sector. BDO's head of audit Scott Knight said the firm had run through a range of scenarios in response to the report from the [...]
Dorchester boycott: Angel investors retreat from Park Lane dinner after Brunei’s anti-LGBT laws April 4, 2019 A top UK angel investor group backed down over plans to hold its annual bash at The Dorchester late tonight amid a growing boycott against a set of luxury hotels owned by the Sultan of Brunei. Read more: Property events moved away from Brunei-owned hotels amid boycott The UK Business Angels Associations (UKBAA) raised eyebrows [...]