magazine archive
magazine archive
Story In Numbers
Esure escapes Ogden damage
Thursday 16 Mar 2017Zero: This is the total adjustment to profit insurer Esure ( ESUR ) made in its 2016 results after the gear-shift in the Ogden rate which led to significant write-downs at several of its peers. The Government recently went further than expected in reducing the rate, used to determine compensation...
£3.24: Average weekly spend on Football Pools
Thursday 09 Mar 2017The iconic Football Pools operation is being sold by Sportech ( SPO ) for £83m. Amid falling subscription numbers and only £3.24 average weekly spend by customers it is easy to see why management were open to a private equity-backed bid. The company already plans to return £20m to shareholders...
Five-month low: UK business activity
Thursday 09 Mar 2017The latest UK economic data is a bit worrying, to be frank. February’s composite PMI data for the services, construction and manufacturing sectors hit a five-month low of 53.7 and a significant decline from 55.1 a month earlier. PMI data gives an insight into the activity of purchasing managers...
6.5%: China scales back growth expectations
Thursday 09 Mar 2017China expects slower economic growth this year in the region of 6.5%. That is lower than the 6.7% rate seen in 2016, although in line with many economists’ forecasts. The country is taking action to combat industrial over-capacity and tackle widespread pollution. Last month BlackRock’s global chief...
UK-Listed Asset Managers 2017
Thursday 09 Mar 2017‹ Previous 2017-03-09 Next ›
Major Stock Market Indices 2017
Thursday 09 Mar 2017‹ Previous 2017-03-09 Next ›
£57.7m: Centamin chairman’s non-stop share sale
Thursday 09 Mar 2017The chairman of Egyptian gold producer Centamin ( CEY ) Josef El-Raghy has sold £57.7m worth of shares in the miner this year. That represents 33m of the 53.8m shares he owned at the start of 2017. We’re told by the miner’s advisers that El-Raghy is diversifying his investment risk by not having...
€10m: Punishing fine for data breaches
Thursday 09 Mar 2017€10m: This is how much the Information Commissioner’s Office (ICO) can fine companies that breach new UK regulations from May 2018. Alternatively businesses can be fined 2% of global turnover; the same applies if they fail to report a data protection breach within 72 hours. The ICO is trying to...
51%: Amount of new build homes with ‘major faults’
Thursday 09 Mar 2017More than half of owners of new build properties experience problems around construction, fittings and utilities, according to a YouGov survey for housing charity Shelter. Sounds familiar? On 20 February Bovis Homes ( BVS ) apologised to customers and set aside £7m to pay compensation and fix...
Real Estate Investment Trusts
Thursday 02 Mar 2017‹ Previous 2017-03-02 Next ›