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Thursday, July 12, 2018
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 MARKET REPORT: Bookies boosted as England crash out of the World cup 12 Jul 7:42pm Updated MARKET REPORT: Bookies boosted as England crash out of the World cup
Paddy Power Betfair, William Hill and Ladbrokes Coral owner GVC all saw their share prices rise after avoiding millions of pounds of payouts to punters who had a bet on Gareth Southgate’s side.
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Currencies in USD
GBP 1,32 -0,380%
EUR 1,16 -0,172%
CHF 1,00 -0,603%
 DAILY BRIEFING: Blow for KPMG as finance firm Old Mutual hires rival Deloitte  12 Jul 7:04pm Updated DAILY BRIEFING: Blow for KPMG as finance firm Old Mutual hires rival Deloitte 
Accountant KPMG has suffered a fresh setback in South Africa after finance firm Old Mutual hired rival Deloitte to work alongside it.
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 Cheap long-haul flights prove a hit for Norwegian Air 12 Jul 6:36pm Cheap long-haul flights prove a hit for Norwegian Air
The fast-growing carrier beat expectations to post a £28m (30m Norwegian kroner) profit in the three months to June, compared with a £64.5m loss a year earlier.
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 Unilever faces shareholder rebellion over Netherlands move 12 Jul 6:33pm Unilever faces shareholder rebellion over Netherlands move
The move will see the owner of Colman’s mustard and PG Tips ditch its current dual structure with legal bases in both London and Rotterdam. It will keep its UK listing.
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 ALEX BRUMMER: Whitehall snubs the City 12 Jul 6:33pm ALEX BRUMMER: Whitehall snubs the City
The City has been complaining that in its obsession with customs, the Irish border and fishing no one in government has recognised the importance of getting a good deal for financial services.
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 Yopa reveals if an extension or renovation adds most value to property 12 Jul 5:39pm Yopa reveals if an extension or renovation adds most value to property
Where is the best place to spend your money? We reveal if it is better to go up into the loft, or out the back into the garden to create a brand new kitchen extension...
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 Unilever faces shareholder rebellion over decision to move headquarters to the Netherlands 12 Jul 5:03pm Unilever faces shareholder rebellion over decision to move headquarters to the Netherlands
The move will see the owner of Colman’s mustard and PG Tips ditch its current dual structure with legal bases in both London and Rotterdam. It will keep its UK listing.
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 Cheap long-haul flights prove a hit for Norwegian Air as it swings into profit 12 Jul 5:01pm Cheap long-haul flights prove a hit for Norwegian Air as it swings into profit
The fast-growing carrier beat expectations to post a £28m (30m Norwegian kroner) profit in the three months to June, compared with a £64.5m loss a year earlier.
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 Dunelm and DFS are rocked by High St woe but bargain retailer B&M is booming 12 Jul 4:56pm Dunelm and DFS are rocked by High St woe but bargain retailer B&M is booming
A 42 per cent rise in online sales at Dunelm, which sells bedding, sofas and curtains, was not enough to offset waning interest. Store sales dropped 4.6 per cent in the three months to June 30.
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 ALEX BRUMMER: Whitehall snubs the City over securing a good Brexit deal for financial services 12 Jul 4:54pm ALEX BRUMMER: Whitehall snubs the City over securing a good Brexit deal for financial services
The City has been complaining that in its obsession with customs, the Irish border and fishing no one in government has recognised the importance of getting a good deal for financial services.
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 Hedge funds grab a giant stake in Sky as Fox’s offer is beaten by Universal’s £26bn bid 12 Jul 4:50pm Hedge funds grab a giant stake in Sky as Fox’s offer is beaten by Universal’s £26bn bid
Their stakes in the satellite broadcaster were last night worth almost £5bn as a bidding war between Rupert Murdoch's 21st Century Fox and Universal Studios-owner Comcast continued to escalate.
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 Ocado prepares to launch one-hour delivery service in bid to take on Amazon 12 Jul 4:50pm Ocado prepares to launch one-hour delivery service in bid to take on Amazon
The online supermarket, which also builds slick robot-operated delivery services for other grocers, said it was preparing to launch express deliveries similar to those offered by Amazon.
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 How billionaires stopped buying new super yachts: Shares in British manufacturer GYG plunge 40% 12 Jul 4:50pm How billionaires stopped buying new super yachts: Shares in British manufacturer GYG plunge 40%
It seems the global elite have lost their appetite for super yachts. Shares in British firm GYG plunged 40 per cent yesterday after a drop in orders of its world leading multi million pound yachts.
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 ON THE BOARD: Investment banker Mary Anne Citrino joins Barclays as a non-executive director 12 Jul 4:50pm ON THE BOARD: Investment banker Mary Anne Citrino joins Barclays as a non-executive director
The American, 59, is already a non-executive at Dutch supermarket Ahold Delhaize, aluminium producer Alcoa Corporation, Hewlett Packard, and discounter Dollar Tree Stores.
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 Zoopla: House prices in the North East outpace other areas 12 Jul 2:18pm Zoopla: House prices in the North East outpace other areas
The average asking price of properties put up for sale in the region has risen by 3.31 per cent since the beginning of the year, from an average of £182,321 to £188,851.
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 McLaren says all its cars will be hybrid by 2025 12 Jul 12:58pm Updated McLaren says all its cars will be hybrid by 2025
The ambitious target was announced by the P1 hypercar builder this week as it proclaimed it will launch 18 new models in the next seven years as part of the £1.2billion Track25 project.
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 FTSE LIVE: Businesses respond to Brexit white paper 12 Jul 12:14pm Updated FTSE LIVE: Businesses respond to Brexit white paper
The FTSE 100 closed up 59.37 points at 7651.33 and the pound was at $1.32 against the dollar.
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 More than half of over-40s reckon they will have to delay retirement 12 Jul 11:54am Updated More than half of over-40s reckon they will have to delay retirement
Over-40s spend an average five hours a week worrying about the future, according to research by Leeds Building Society.
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 House prices in the North East outpace other areas rising £1k a month says Zoopla 12 Jul 11:48am Updated House prices in the North East outpace other areas rising £1k a month says Zoopla
The average asking price of properties put up for sale in the region has risen by 3.31 per cent since the beginning of the year, from an average of £182,321 to £188,851.
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 Sky takeover: US media giant Comcast hits back against Murdoch’s Fox 12 Jul 8:10am Updated Sky takeover: US media giant Comcast hits back against Murdoch’s Fox
Shares in Sky rose on Thursday morning after US media giant Comcast submitted a new and improved £26bn offer to acquire the British broadcaster.
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 Sky takeover war: US media giant Comcast hits back against Murdoch’s Fox 12 Jul 5:31am Updated Sky takeover war: US media giant Comcast hits back against Murdoch’s Fox
Shares in Sky rose on Thursday morning after US media giant Comcast submitted a new and improved £26bn offer to acquire the British broadcaster.
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 FTSE LIVE: London stocks open higher and sales soar at Asos 12 Jul 4:22am FTSE LIVE: London stocks open higher and sales soar at Asos
DFS warned today that its full-year profits will fall, after recent hot weather caused order numbers to dry up.Likewise, homewares retailer Dunelm expects to profits come in below last year's.
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 FTSE LIVE: London stocks open higher; DFS and Dunelm warn profits will tumble; Sales soar at Asos 12 Jul 3:29am FTSE LIVE: London stocks open higher; DFS and Dunelm warn profits will tumble; Sales soar at Asos
DFS warned today that its full-year profits will fall, after recent hot weather caused order numbers to dry up.Likewise, homewares retailer Dunelm expects to profits come in below last year's.
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 Yopa reveals if an extension or renovation adds most value to a property for sale 12 Jul 3:07am Yopa reveals if an extension or renovation adds most value to a property for sale
Where is the best place to spend your money? We reveal if it is better to go up into the loft, or out the back into the garden to create a brand new kitchen extension...
 Like Reply
 Would you fix your mortgage until 2028? Lenders launch a flurry of tempting 10-year deals 12 Jul 3:06am Would you fix your mortgage until 2028? Lenders launch a flurry of tempting 10-year deals
With the Bank of England's near-constant flirtations with a base rate rise, it's little surprise that many are looking to fix their mortgages for longer periods of time. But is a 10 year fix worth it?
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