Bryan Habana: South Africa’s World Cup win has already had a huge impact on the country and will give the 2021 Lions’ Tour extra spice December 11, 2019 Five weeks have passed since South Africa won the Rugby World Cup but the impact that the achievement will have on the nation is only just beginning. The Springboks beat England 32-12 in Yokohama last month to claim their third World Cup, with each triumph having come 12 years apart. But this latest trophy, which [...]
Aberdeen Standard offloads largest property fund asset December 11, 2019 Aberdeen Standard Investments has offloaded the biggest asset in its property fund following a spike in investor redemptions. The asset management giant has sold The Moor shopping centre in Sheffield to New River real estate investment trust, after putting it on the market with an £89.4m price tag. Read more: Debate: Should illiquid assets be [...]
From Woodford to the leasehold scandal, here are the big personal finance stories of 2019 December 11, 2019 December is usually the season to be jolly and reflect on the past year — though perhaps it doesn’t feel that way as we head to the polls tomorrow. Nonetheless, as the year comes to a close, let’s look at the big personal finance stories of 2019, which may give us some clues about what’s [...]
Insolvency firm Begbies Traynor’s boss says retail carnage expected to continue December 10, 2019 The executive chairman of restructuring and insolvency specialist Begbies Traynor said today that there was no sign of the carnage on the High Street ending as the growth in e-retailing and shaky consumer confidence continued to take their toll. “Headwinds in terms of consumer demand with uncertainty over what the future will hold and structural [...]
Indian hotel chain Oyo appoints new UK boss December 10, 2019 Oyo has announced Rishabh Gupta as the new head of its operations in the UK as the fast-growing hotel Indian chain seeks to grow its offering in the country. Gupta will take over from current UK head Jeremy Sanders, who is leaving the company to spend more time with his family. Gupta previously led Oyo’s [...]
SailGP is aiming to make a splash in its second year after the arrival of Sir Ben Ainslie December 10, 2019 If the first season of SailGP was about making a splash and proving that there is an audience for the sport, then the second is about expansion. The worldwide sailing series, the brainchild of American software billionaire Larry Ellison and former world champion yachtsman Sir Russell Coutts, enjoyed a successful first season this year. Teams [...]
How global cities are promoting sustainability and helping to fight climate change December 9, 2019 The 2016 Paris Agreement gave the world a sense of hope that politicians could work together to limit temperature rises to 2 degrees centigrade. However, much has changed since the milestone agreement. More frequent extreme weather events, increasing political nationalism and growing economic inequality are making the goal of a carbon neutral world by 2050 [...]
China hopes to secure trade deal with US ‘as soon as possible’ December 9, 2019 China said it hopes to secure a trade deal with the US “as soon as possible”, raising hopes of a breakthrough ahead of a fresh round of intense negotiations this week. Assistant Commerce Minister Ren Hongbin told reporters this morning that Beijing hopes to reach a trade agreement with the US that will satisfy both [...]
London luxury hotel market booms as weak sterling attracts tourists December 9, 2019 The London luxury hotel market has boomed in the last year as the fall of sterling against the dollar has attracted a surge in international tourists, new research showed. In total, 50 new luxury and premium hotels have opened in the UK in the last year, growing the number to 3,380. Meanwhile the number of [...]
FTSE 100 opens higher as China tariff waiver raises hopes of trade truce December 6, 2019 The FTSE 100 bounced back in early trading today as China’s decision to roll back tariffs on some US exports raised hopes of a pre-Christmas trade war truce. London’s blue-chip index was up roughly 0.8 per cent to 7,195.1 points this morning as traders reacted to developments in Beijing. Read more: Global growth to pick [...]