Back Business Sunday, August 19, 2018
Search Sections 19 Aug
Close
Advertisement
Elon Musk’s No Good, Very Bad Year: A Tesla Timeline29m Elon Musk’s No Good, Very Bad Year: A Tesla Timeline
“This past year has been the most difficult and painful year of my career,” said Mr. Musk, the head of Tesla. “It was excruciating.”
 Like Reply
Sears CEO Puts His Board on the Spot1h 15m Sears CEO Puts His Board on the Spot
For years Edward Lampert has called the shots at Sears as its chief executive, largest shareholder and biggest lender. But his latest play to keep the struggling chain afloat is out of his hands.
 Like Reply
EU may force banking jobs away from UK after Brexit, warns City boss1h 59m EU may force banking jobs away from UK after Brexit, warns City boss
Standard Chartered’s Tracy Clarke says tougher demands could see more jobs than planned shift to Frankfurt, Paris and Dublin Tougher demands by European Union regulators may force
 Like Reply
 Housebuilding barons sell shares worth £300m 2h Housebuilding barons sell shares worth £300m
Berkeley Group’s founder and chairman Tony Pidgley (pictured) has sold £65million of shares in the last 12 months, while chief executive Rob Perrins has cashed in £37million.
 Like Reply
 Ukrainian closing in on bid for Regal Petroleum 2h Ukrainian closing in on bid for Regal Petroleum
Ukrainian billionaire Victor Pinchuk is understood to be behind an investment vehicle called Kelda that has bought 24 per cent of Regal Petroleum.
 Like Reply
 Bob Diamond faces revolt as his new bank Atlas Mara loses its way 2h Updated Bob Diamond faces revolt as his new bank Atlas Mara loses its way
Two influential shareholder adviser groups have raised red flags over corporate governance issues at London-listed Atlas Mara , a bank Diamond set up to focus on Africa.
 Like Reply
 McLaren boss says stop accusing car firms of fuelling Project Fear 2h McLaren boss says stop accusing car firms of fuelling Project Fear
Despite his international ambitions beyond Europe, Mike Flewitt, chief executive of McLaren Automotive, shares the industry's deep concerns over Brexit.
 Like Reply
 RUTH SUNDERLAND: Why we need action on the action groups... right NOW  2h Updated RUTH SUNDERLAND: Why we need action on the action groups... right NOW 
For-profit operations should be banned from calling themselves an ‘action group’ – the name has overtones of public interest and charity, says Ruth Sunderland.
 Like Reply
News Analysis: The West Hoped for Democracy in Turkey. Erdogan Had Other Ideas.2h Updated News Analysis: The West Hoped for Democracy in Turkey. Erdogan Had Other Ideas.
Turkey’s descent into authoritarianism and crisis has destroyed whatever hopes remained that the country’s president might serve as a force for moderation.
 Like Reply
 Energy firms accused of BLOCKING customers trying to switch to cheaper rivals 2h Updated Energy firms accused of BLOCKING customers trying to switch to cheaper rivals
As many as two million households are at risk of a switching failure should they try it, we can reveal.
 Like Reply
 How do I save money on train tickets? 2h How do I save money on train tickets?
Writing to your MP or joining a passenger campaign group are ways to vent frustration – though being canny with how you buy your tickets is the best way to beat the financial pain of the impending rise.
 Like Reply
 Actor John Lyons on the TV series that transformed his life 3h Actor John Lyons on the TV series that transformed his life
The actor John Lyons was up to his ears in debt when he was cast as Detective Sergeant George Toolan in the long-running detective series, A Touch Of Frost.
 Like Reply
 MIDAS SHARE TIPS UPDATE: Play your hand right with Card Factory 3h MIDAS SHARE TIPS UPDATE: Play your hand right with Card Factory
Card Factory’s interim results are not due until September, but it has already indicated a profits downgrade. Hold – it’s not time to panic yet.
 Like Reply
 MIDAS SHARE TIPS UPDATE: Time to cash in as RBS is recovering 3h Updated MIDAS SHARE TIPS UPDATE: Time to cash in as RBS is recovering
RBS is still part-owned by the Government, but this stake is steadily falling. This month the bank announced its first dividend since its near-collapse.
 Like Reply
 MIDAS SHARE TIPS: Drax can put the fizz into pints... and portfolios  3h Updated MIDAS SHARE TIPS: Drax can put the fizz into pints... and portfolios 
Drax owns Britain’s largest power station, located in North Yorkshire. This month it announced plans to start a trial into Bioenergy Carbon Capture and Storage.
 Like Reply
 LINDSELL TRAIN JAPANESE EQUITY: Fund outruns its rivals  3h LINDSELL TRAIN JAPANESE EQUITY: Fund outruns its rivals 
Shareholder perks have taken off in Japan as companies attempt to attract the ordinary investor. Michael Lindsell of Lindsell Train Japanese Equity has seen the benefits of these changes.
 Like Reply
Standard Chartered chief warning over Brexit staff moves3h Standard Chartered chief warning over Brexit staff moves
Bank boss says demands by EU regulators may mean more jobs being moved out of UK than originally thought.
 Like Reply
U.S., China Draw Up Plan to Settle Trade Dispute by November4h Updated U.S., China Draw Up Plan to Settle Trade Dispute by November
Chinese and U.S. negotiators are drawing up a road map for talks to end their trade impasse ahead of meetings between President Trump and Xi Jinping in November.
 Like Reply
Office Outlet seeks three-year rent holiday5h Office Outlet seeks three-year rent holiday
One of the UK's biggest stationery retailers is asking some of its landlords ‎for a three-year rent holiday in the latest restructuring plan forced on the industry by soaring costs and weak sales.
 Like Reply
Are holiday homes ruining the British seaside?7h Are holiday homes ruining the British seaside?
Packed in summer and ghost towns in winter, resorts are losing millions in council tax while locals find life increasingly unaffordablePam Kinsey rarely visits Porthmeor beach in the height of summer. Overlooked by Tate St Ives and facing the Atlantic ocean, the promenade is heaving with teenage surfers and families marked out by striped windbreakers and beach towels crumpled across the sand. “I don’t mind people having holidays, I’m very pleased for them, I don’t blame them for coming here,” she says, sitting on a picnic bench with her sister-in-law, Jo Burroughs, taking refuge from the bustle. “It is a very beautiful part of the country,” agrees Burroughs. “There’s no doubt about it, you’d go a long way to find beaches like this.”
 Like Reply
 Motorists could be fined £100 for going just 1MPH over the speed limit in new police plan 7h Motorists could be fined £100 for going just 1MPH over the speed limit in new police plan
National roads policing chief is strongly in favour of the tougher approach, as he believes the existing leeway gives out the wrong signal and could be contributing to increasing injuries on UK roads .
 Like Reply
Eurozone bailout programme is finally over8h Updated Eurozone bailout programme is finally over
The eurozone passes an important milestone on 20 August - the formal end of the bailout of Greece.
 Like Reply
Stop whining about ‘the politics of envy’. Executive pay is indefensible9h Stop whining about ‘the politics of envy’. Executive pay is indefensible
Bosses now get paid 300 times what workers do. In the 60s, that ratio was far lower, and growth and investment were higherDefenders of the astronomical amounts routinely being trousered by leading executives have a stock response to critics who say that such rewards are excessive. Chief executives have to be paid the going rate. Without the right incentives, these alpha males (and occasionally alpha females) would take their talents elsewhere and everyone would lose. It’s a global marketplace out there. The market rate for talent has to be paid. Having a pop at these titans of industry over their remuneration packages is simply the politics of envy. Interestingly, the same explanation is used to justify the nugatory pay awards executives hand out to their staff. When it comes to people lower down the pay s cale, the message is that jobs can always be outsourced overseas if the workers get too bolshie about pay.
 Like Reply
Brexit: Government to publish no-deal advice on Thursday13h Brexit: Government to publish no-deal advice on Thursday
Dominic Raab says the technical notices are necessary to "mitigate the risks" of a no-deal Brexit.
 Like Reply
End of Greek bailouts offers little hope to young15h End of Greek bailouts offers little hope to young
Politicians hail the end of Greece's emergency credit, but ordinary Greeks see little change.
 Like Reply
Superdry co-founder gives £1m to referendum campaign16h Superdry co-founder gives £1m to referendum campaign
The co-founder of clothing label Superdry has made a record donation to the campaign for a referendum on the final Brexit deal.
 Like Reply
 Housebuilding barons sell shares worth £300m as fears mount for property market 17h Housebuilding barons sell shares worth £300m as fears mount for property market
Berkeley Group’s founder and chairman Tony Pidgley (pictured) has sold £65million of shares in the last 12 months, while chief executive Rob Perrins has cashed in £37million.
 Like Reply
 MIDAS SHARE TIPS UPDATE: Play your cards right with Card Factory for many happy returns 17h MIDAS SHARE TIPS UPDATE: Play your cards right with Card Factory for many happy returns
Card Factory ’s interim results are not due until September, but it has already indicated a profits downgrade.
 Like Reply
 Battle of the oligarchs: Ukrainian closing in on bid for UK oil and gas firm Regal Petroleum 17h Battle of the oligarchs: Ukrainian closing in on bid for UK oil and gas firm Regal Petroleum
Ukrainian billionaire Victor Pinchuk is understood to be behind an investment vehicle called Kelda that has bought 24 per cent of Regal Petroleum.
 Like Reply
Elon Musk’s No Good, Very Bad Year18h Updated Elon Musk’s No Good, Very Bad Year
“This past year has been the most difficult and painful year of my career,” said Mr. Musk, the head of Tesla. “It was excruciating.”
 Like Reply
 Actor John Lyons on the TV series that transformed his life and NHS funding 18h Actor John Lyons on the TV series that transformed his life and NHS funding
The actor John Lyons was up to his ears in debt when he was cast as Detective Sergeant George Toolan in the long-running detective series, A Touch Of Frost.
 Like Reply
 Six ways to halt the pain of rail price rises 18h Six ways to halt the pain of rail price rises
Writing to your MP or joining a passenger campaign group are ways to vent frustration – though being canny with how you buy your tickets is the best way to beat the financial pain of the impending rise.
 Like Reply
19h Elon Musk’s Highs and Lows
Serial entrepreneur Elon Musk wants to fundamentally change the way we live. But his path to success has been characterized by both great accomplishments and flirtations with failure.
 Like Reply
 RAY MASSEY: Car shows come in all shapes and sizes 20h RAY MASSEY: Car shows come in all shapes and sizes
The classic Goodwood Revival (pictured) celebrates its 20th anniversary of stepping stylishly back in time — and there are still some last-minute tickets to be had.
 Like Reply
 RAY MASSEY: Car shows come in all shapes and sizes and are for more than just petrol heads like me 22h Updated RAY MASSEY: Car shows come in all shapes and sizes and are for more than just petrol heads like me
The classic Goodwood Revival (pictured) celebrates its 20th anniversary of stepping stylishly back in time — and there are still some last-minute tickets to be had.
 Like Reply
Beer Giants Tap Into Africa With Brews Under $123h Beer Giants Tap Into Africa With Brews Under $1
As drinkers in Europe and the U.S. turn away from beer in favor of spirits and nonalcoholic beverages, Africa’s importance to brewers is growing.
 Like Reply
The UK’s creative industries are being choked off by bureaucracy23h The UK’s creative industries are being choked off by bureaucracy
Fewer children will collect GCSEs in arts subjects this week, as education reforms stifle a sector also hit by petty regulationsThis week thousands of young people will learn
 Like Reply
Trump’s Plan for Coal Emissions: Let Coal States Regulate Them23h Updated Trump’s Plan for Coal Emissions: Let Coal States Regulate Them
President Trump is planning an overhaul of climate regulations that lets states set their own rules, according to people who have seen the proposal. Environmentalists say emissions could rise.
 Like Reply
With Brexit looming, energy sector builds new links to Europe24h With Brexit looming, energy sector builds new links to Europe
Thanks to new interconnectors, imports could soon account for fifth of UK electricity needsWhile Westminster attempts to deliver Brexit within months, the UK’s energy system is set to become dramatically more dependent on the EU just as Britain leaves. Today, four cables – known as interconnectors – between the UK and Ireland, France and the Netherlands have a capacity of 4GW, providing around 6% of Britain’s power supplies. However, with 11 new connections linking the UK and other European countries either under construction or mooted by developers, imports could provide more than a fifth of the country’s electricity needs by 2025,
 Like Reply
When Digital Platforms Become Censors24h When Digital Platforms Become Censors
Facebook, Twitter, YouTube and other tech giants say that they’re open forums. What happens when they start to shut down voices they consider beyond the pale?
 Like Reply
What Your Car Knows About You24h Updated What Your Car Knows About You
Auto makers can now collect large amounts of data from internet-connected vehicles, from location to driving habits.
 Like Reply
Just Eat chair Evans lined up for £45bn Pru split26h Just Eat chair Evans lined up for £45bn Pru split
The chairman of Just Eat, the food delivery company, is being lined up to play a leading role in the £45‎bn break-up of Prudential into two separately listed FTSE-100 finance giants.
 Like Reply
Retiring: Helping Banks Flag Fraud Against Seniors28h Retiring: Helping Banks Flag Fraud Against Seniors
A new law gives banks and their workers greater protection against liability in order to report suspicious activity — as long as they receive training to help them recognize it.
 Like Reply
 Estate agents to add to High Street malaise as stagnating housing market pushes firms to the brink 29h Estate agents to add to High Street malaise as stagnating housing market pushes firms to the brink
Pressures on High Street agents will come to a head in the second half of the year, piling further pain on town centres already reeling from hundreds of retail store closures, according to KPMG.
 Like Reply
 Beaufort clients to get their cash returned following High Court ruling - but are platforms safe? 29h Beaufort clients to get their cash returned following High Court ruling - but are platforms safe?
Customers of collapsed stockbroker Beaufort have had a lucky escape after administrators rowed back on a plan to tap into their holdings to cover fees, but potential problems for others remain.
 Like Reply
‘Lit’ Is Over, and Other Things You Can Pay Teens to Teach You29h ‘Lit’ Is Over, and Other Things You Can Pay Teens to Teach You
Consulting firms like JÜV are helping grown-up brands talk to young people without condescending to them.
 Like Reply
‘I regret spending a lot on takeaways’ – students on their money30h ‘I regret spending a lot on takeaways’ – students on their money
First years tell us what they learned about loans, overdrafts – and how to fund nights out
 Like Reply
 Property in Westminster is almost ten times more expensive than that in a Welsh town 30h Property in Westminster is almost ten times more expensive than that in a Welsh town
Aberdare has the least expensive property in Britain, with a per square meter price at £969. That compares to the Westminster figure of £9,379.
 Like Reply
Vitamin D, the Sunshine Supplement, Has Shadowy Money Behind It30h Vitamin D, the Sunshine Supplement, Has Shadowy Money Behind It
The doctor most responsible for creating a billion-dollar juggernaut has received hundreds of thousands of dollars from the vitamin D industry.
 Like Reply
‘I regret spending a lot on takeaways’ – students on spending31h ‘I regret spending a lot on takeaways’ – students on spending
First years tell us what they learned about loans, overdrafts – and how to fund nights out
 Like Reply
Trump Asks SEC to Study Six-Month Earnings Reporting31h Updated Trump Asks SEC to Study Six-Month Earnings Reporting
President Trump asked the SEC to consider scaling back how often public companies report results, a change some executives support as promoting longer-term planning, but that some investors charge could reduce transparency.
 Like Reply
What laptop would be best for a student?33h What laptop would be best for a student?
Our daughter is off to university next month and needs a reliable machine for essays and emails
 Like Reply
‘I earn £3m a year, but I don’t just throw money away’33h ‘I earn £3m a year, but I don’t just throw money away’
Businessman Simon Dolan on how he invests his cash – and his passions for cars and guitars I might be a millionaire now but life wasn’t always like that. When I was 21, I had nothing. Debt was spiralling, I was three months behind on my mortgage, and I was totally desperate. I ended up placing a £10 advert in a local paper offering to do people’s accounts. It’s the only thing I knew – I’d previously worked at an accountants for 18 months. A florist responded and I handled her accounts for £99. That gave me enough money to place another ad. From there I gained another client, then another. By 2013, when the business had 14,000 clients, I sold it to a private equity firm for £81m. I didn’t change my life dramatically. Because of the profits over the years, at that point I already had everything I really wanted, like a nice car and houses. But it felt right. Life didn’t change from one day to the next other than that initial excitement of seeing a huge number on your bank statement. Then a week goes by and you worry about what to do with that money, which is a nice problem to have.
 Like Reply
Powering ahead: the new breed of electric car clubs33h Powering ahead: the new breed of electric car clubs
Drivers can no get emission-free travel with no fuel costs – here’s how the schemes stack upCar clubs have long been hailed as an environmentally friendly option, reducing the number of vehicles on the road and cutting out unnecessary trips. But a new breed of car clubs is going one step further – by only renting out electric cars powered by a rechargeable battery. Clubs, such as Zipcar, have been around since 2000, and the concept is relatively simple. Members pay an annual or monthly fee and hire cars by the hour. In return, they avoid the costs associated with buying and running a car such as tax, insurance and maintenance. You can book online or via a smartphone app, pick up and return to various street locations, and access via the app or membership card.
 Like Reply
Property buyers dive in as Turkey’s lira plunges33h Property buyers dive in as Turkey’s lira plunges
This week’s currency crisis has prompted a flood of overseas buyers seeking bargains Property investors have been flocking to Turkey this week in a bid to grab houses and apartments that have in some cases dropped from £55,000 a month ago to below £37,000 now. The highly-publicised collapse in the Turkish lira may have been a disaster for the country – and any British expat who bought there in the last two years – but it has been described as a bonanza for those holding US dollars, pounds or euros.
 Like Reply
Investing: It’s not that difficult to get the big things right33h Investing: It’s not that difficult to get the big things right
Many people think investment is difficult to understand, but it needn’t be that way Every six months financial adviser Bestinvest publishes its list of “dog” funds that have slumped down the performance tables. The latest report contains howlers from some of the biggest investment groups: Invesco Perpetual gets a good kicking for five funds worth £15bn with woeful returns, while Aberdeen Standard has more than its fair share of hounds. Other big investment firms in the doghouse include Fidelity, JP Morgan and Janus Henderson. Bestinvest issues the research to encourage people to monitor their investments more closely and not to put up with weak or pedestrian performance. But everything we know tells us that the majority don’t do this; a slug of our monthly pay goes into a pension that few of us ever take the time to monitor, while the few who put money into an investment Isa buy one or two funds, cross their fingers, and hope, over the long term, it works out.
 Like Reply
‘I went a little crazy as many freshers do’ – students on spending33h ‘I went a little crazy as many freshers do’ – students on spending
First years tell us what they learned about loans, overdrafts – and how to fund nights out
 Like Reply
Student finance: here’s how to plan for the start of term33h Student finance: here’s how to plan for the start of term
From loans to accommodation, here’s our guide to managing your money at university
 Like Reply
Trade Fears Throw Future of U.S. Natural Gas Into Question33h Updated Trade Fears Throw Future of U.S. Natural Gas Into Question
As trade disputes continue, the promising U.S.-China energy relationship is compromised as prospects for exports grow less clear.
 Like Reply
On the top

Date settings

Today is Sunday, August 19, 2018

+ 1 -
+ 1 -
+ 2016 -

Close

By using our website, you agree to the use of cookies as described in our cookie policy.

Accept