Sharing the spoils of global income markets October 9, 2018 | Sponsored Ben Lofthouse, Fund Manager of Henderson International Income Trust, shares his view of overseas income markets and the momentum behind global dividends growth It’s been a fascinating year so far with a lot of the trends around economic growth continuing, which has led to some changes in the global macroeconomic landscape. There have been some [...]
AccorHotels takes 50 per cent stake in US luxury hospitality firm SBE Entertainment October 9, 2018 AccorHotels today said it had acquired a 50 per cent stake in US hospitality company SBE Entertainment. The hotel chain said the deal will allow it to expand its business into the luxury lifestyle hospitality sector, as well as plant its footprint throughout North America. SBE specialises in high-end hospitality and manages and operates hotels, residences, restaurants, spas, and [...]
We risk losing our minds over this unhealthy data obsession October 9, 2018 After two listeners complained about a radio advert that compared avocados unfavourably to bacon butties as a breakfast choice, Costa coffee was forced to withdraw the ad. The Advertising Standards Authority upheld the complaint that the advert “discouraged the selection of avocados” and therefore broke the UK Code of Broadcast Advertising by discriminating against vegetables. [...]
Retailers hit as spending drops to its lowest level in a year, and Christmas may not be the saviour October 9, 2018 UK retail sales grew by their lowest rate for almost a year in September, new figures show. An analysis from KPMG and the British Retail Consortium found like-for-like retail sales were down 0.2 per cent, while total sales increased 0.7 per cent. This is far below the 1.3 per cent average over the past 12 [...]
Smaller companies forced to compete for London’s stretched talent pool October 9, 2018 More than four out of five London-based small- and medium-sized companies (SMEs) are struggling to find recruits with the skills the need – forcing many to increase investment and raise remuneration packages, a study has found. In findings published as part of its 2019 edition salary guide, human resources firm Robert Half said six out of 10 [...]
Sail GP: Larry Ellison and Sir Russell Coutts attempt to sell sailing to the masses October 8, 2018 Sailing is a difficult sport for the spectator. By its very nature the action happens out on the water, away from the eyes and ears of those attempting to enjoy it. Last week a new $1m competition was launched which attempts to address that problem and in the process “redefine sailing”. Spearheaded by American tech [...]
Robert Tchenguiz accuses Grant Thornton of conspiracy over fraud office probe October 8, 2018 Lawyers for property mogul Robert Tchenguiz today accused audit firm Grant Thornton of conspiring to persuade the Serious Fraud Office (SFO) to launch an investigation into his business dealings with the Icelandic bank Kaupthing. The flamboyant millionaire was in a packed London courtroom to hear his Queen’s Counsel Stephen Rubin of Fountain Court accuse the [...]
APPC merges with PRCA to form ‘united voice’ for lobbyists October 8, 2018 Members of the Association of Professional Political Consultants (APPC), the self-regulating body for professional lobbyists, have passed a vote to merge into the Public Relations and Communications Association (PRCA), a trade association for people in the public relations sector, to form a “united voice” for the UK’s lobbyists. At a emergency general meeting of the [...]
Sam Torrance: Lucas Bjerregaard becomes the latest Dane on the podium as Ryder Cup heroics catch up with Tyrrell Hatton October 8, 2018 I seem to recall a couple of Danes celebrating at the end of the Ryder Cup last month and on Sunday it was the turn of Thomas Bjorn and Thorbjorn Olesen’s compatriot Lucas Bjerregaard to uncork the champagne. The 27-year-old was fantastic in winning the Alfred Dunhill Links Championship at St Andrews, where he saw [...]
Oil bankers form advisory firm as price surge fuels deals October 8, 2018 A former adviser to BP has launched a new advisory firm as the oil industry becomes “comfortable with itself” again and companies prepare to make “brave decisions”. Martin Lovegrove, a former adviser to BP and Chevron Corporation, has teamed up with Niels Kirk, a former oil and gas banker at Citi to form an advisory [...]