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Friday, October 12, 2018
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 RAY MASSEY: The £250,000 off-road Rolls Royce makes its entrance at the Royal Wedding 12 Oct 7:44pm Updated RAY MASSEY: The £250,000 off-road Rolls Royce makes its entrance at the Royal Wedding
The Cullinan has been designed with a monarch in mind — right down to the commanding, high-set rear pavilion seats, sumptuous leather interior and extras including a champagne cooler.
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 Investors burned in Patisserie Valerie rescue are set to lose nine-tenths of their money 12 Oct 4:51pm Investors burned in Patisserie Valerie rescue are set to lose nine-tenths of their money
Parent firm Patisserie Holdings raised £16.7m by selling new shares to investors at 50p each. Before it was rocked by fraud claims, the shares were worth 429.5p each.
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 Fund houses still see the cash flood as investors put £304m into Man Group 12 Oct 4:51pm Fund houses still see the cash flood as investors put £304m into Man Group
Man Group manages a record £87bn. Specialising in strategies where computers make decisions, it has seen increased interest in funds which track factors other than growth or value.
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 DAILY BRIEFING: Investment firm Blackrock wins right to manage £30bn portfolio for Lloyds 12 Oct 4:51pm DAILY BRIEFING: Investment firm Blackrock wins right to manage £30bn portfolio for Lloyds
The portfolio is part of Lloyds’ £109bn Scottish Widows pension book, which was looked after by asset manager Standard Life Aberdeen. The remaining £79bn is still up for grabs to manage.
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 A £40m payday for Sky boss: Jeremy Darroch cashes in on £30bn US takeover  12 Oct 4:51pm A £40m payday for Sky boss: Jeremy Darroch cashes in on £30bn US takeover 
Darroch, who has run Sky as chief executive since 2007, sold his holding of more than 2.2m shares to Comcast for 1728p each, earning him £38.3m.He was given many of these shares at no cost.
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 INVESTMENT EXTRA: A red-letter day for Royal Mail’s posties? 12 Oct 4:50pm INVESTMENT EXTRA: A red-letter day for Royal Mail’s posties?
It's been a tricky few months for the once state-owned service. A profit warning this month, when it said it wouldn't be able to make the cost savings it hoped to, wiped 18 per cent off the share price.
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 BIG SHOT OF THE WEEK: Patisserie Valerie chairman Luke Johnson 12 Oct 4:50pm BIG SHOT OF THE WEEK: Patisserie Valerie chairman Luke Johnson
For American investors, residents of hurricane-ravaged Florida and Strictly's girly-haired love rat Seann Walsh, it has not been an easy week. Nor has it been a barrel of laughs for Luke Johnson.
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 MARKET REPORT: Tobacco stocks stubbed out by US clampdown with Imperial Brands down 6% 12 Oct 4:50pm MARKET REPORT: Tobacco stocks stubbed out by US clampdown with Imperial Brands down 6%
Pharmacologist Lynn Hull, who works within the Food and Drug Administration, said in a webcast that reducing the amount of nicotine in cigarettes by as much as 96 per cent would improve public health.
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 More gloom on the high street with 300 jobs at risk as fashion chain Coast collapses  12 Oct 2:28pm Updated More gloom on the high street with 300 jobs at risk as fashion chain Coast collapses 
Staff were told last night that all 24 stores are to close. But rival Karen Millen has bought the group’s brand, stock and website, saving 600 staff. PwC has been appointed as an administrator.
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 FTSE LIVE: Patisserie Valerie finance boss arrested; Sports Direct buys Fraser building in Glasgow 12 Oct 12:25pm Updated FTSE LIVE: Patisserie Valerie finance boss arrested; Sports Direct buys Fraser building in Glasgow
The FTSE 100 closed down 11.02 points at 6995.91 and the pound was at $1.32 against the dollar.
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 Government slashes grant for electric cars and rescinds it for hybrids 12 Oct 10:41am Updated Government slashes grant for electric cars and rescinds it for hybrids
Cheekily, the DfT has said it may introduce the changes earlier if there's a surge in orders of electric and hybrid models with consumers trying to take advantage of the expiring rates.
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 Why home buyers now like a house in a parade 12 Oct 10:16am Why home buyers now like a house in a parade
Would you want to live on a parade, if given the chance? The answer, if you have your wits about you: yes and no. Some of the best addresses in the country are parades.
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 Parades have changed over the years and so have their uses 12 Oct 8:31am Parades have changed over the years and so have their uses
Would you want to live on a parade, if given the chance? The answer, if you have your wits about you: yes and no. Some of the best addresses in the country are parades.
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 The High Street enduring worst year on record as store sales decline for eight months in a row 12 Oct 8:14am The High Street enduring worst year on record as store sales decline for eight months in a row
The UK High Street is suffering its worst year on record with in-store sales declining for eight consecutive months, according to new retail figures.
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 Electric car prices look set to rise as the government trims grants 12 Oct 5:24am Updated Electric car prices look set to rise as the government trims grants
Business department insiders claimed that the grant for electric cars will be reduced from £4,500 to £3,500, while a lower grant of £2,500 for hybrids will be removed.
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 Rumours by Fleetwood Mac is voted the best driving album 12 Oct 4:56am Updated Rumours by Fleetwood Mac is voted the best driving album
You've got an hour or so's drive ahead, on good roads, and need a soundtrack for it, so what do you choose? The AA polled almost 21,000 members to find the answer.
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 Fight back against private parking tickets: Our campaign to stop the sharks 12 Oct 4:34am Updated Fight back against private parking tickets: Our campaign to stop the sharks
Scott Bevan paid to park for 12 hours, but got a £70 ticket after entering his plate details incorrectly. His story and others are why we are calling for the DVLA selling details to private parking firms.
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 London revealed as the MOST expensive European city to live in 12 Oct 4:09am Updated London revealed as the MOST expensive European city to live in
Stagnant wage growth and low inflation, results of the 2008 financial crash, are contributing factors to the UK featuring so far down on the list, according to a study by Revolut.
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 FTSE LIVE: London stocks rebound at the open; Sports Direct snaps up Fraser building in Glasgow 12 Oct 4:07am Updated FTSE LIVE: London stocks rebound at the open; Sports Direct snaps up Fraser building in Glasgow
The FTSE 100 staged a minor rebound after the bell today, lifting 0.5 per cent to 7,038 following dramatic declines on Thursday.
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 Big falls on major stock markets spark fears the bubble is bursting 12 Oct 3:48am Big falls on major stock markets spark fears the bubble is bursting
Stock market volatility has become normalised as a result of computer-driven trading and can be dismissed as of little importance if economic conditions are benign.
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 Brexit uncertainty weighs heavily on the housing market 12 Oct 3:37am Brexit uncertainty weighs heavily on the housing market
Property prices are down, buyer demand is slipping and the time it takes to complete a sale is on the up, the Royal Institution of Chartered Surveyors said.
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 Consumers face higher food costs and restricted travel in a no-deal Brexit 12 Oct 3:35am Consumers face higher food costs and restricted travel in a no-deal Brexit
Painting a dismal picture of no-deal Brexit Britain, Which? said increasing numbers of people are concerned over the possibility of higher energy bills, food prices and transport costs.
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 Should buy-to-let landlords get a tax break for selling to tenants? 12 Oct 3:26am Updated Should buy-to-let landlords get a tax break for selling to tenants?
A report from think tank Onward has proposed a capital gains tax break for landlords selling to longer-term tenants, but would this work?
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 MARKET REPORT: Aston Martin backers left more shaken than stirred 12 Oct 3:18am Updated MARKET REPORT: Aston Martin backers left more shaken than stirred
Investors who were hoping Aston Martin could quickly turn them into Goldfinger will be sadly disappointed, as the share price is now more than £4 or 21 per cent lower than its 1900p float price.
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