Conservative Party Conference: White Dee on benefits, the common touch and why she might vote Ukip September 29, 2014 After the defection of two MPs to Ukip, the Tory party has really been hoping for some popular support. But if they were looking for it in the form of Benefits Street star White Dee – whose real name is Deirdre Kelly – they might be disappointed. White Dee, who has also appeared [...]
Aldi UK profits jump nearly 66 per cent September 29, 2014 Group turnover at budget supermarket Aldi rocketed more than 35 per cent in the UK and Ireland during 2013, while pre-tax profits soared by nearly two-thirds, it said today. Sales at the discount grocer rose to £5.27bn for the year to December 31, 2013, up from £3.89bn the preceding year. Pre-tax profits, meanwhile, jumped [...]
Investor exodus drives Pimco funds down in wake of Bill Gross’ surprise exit September 26, 2014 Pimco's range of closed-ended funds bore the brunt of superstar manager Bill Gross' surprise exit today as investors sold out in their droves. The fund management group's Global StocksPlus & Income fund, its High Income Fund and its Corporate & Income Opportunity Fund were among those to register declines. The global fund was [...]
US economic growth revised upwards September 26, 2014 Growth in the US economy reached its fastest pace in more than two years in the second quarter of this year it was revealed today, as the US Commerce Department revised its estimate upwards. The country's GDP grew at 4.6 per cent over the period, an increase on the 4.2 per cent previously estimated, [...]
Blackberry issues better-than-expected Q2 results September 26, 2014 Blackberry has narrowed losses year-on-year as the turnaround under chief executive John Chen gathers pace. Net losses were down to US$207m (£126m) or 39 cents a share for the three months to August 30, with pre-tax losses reaching $218m. This is a huge reduction in Blackberry's net losses this time last year, when it [...]
This time next year we’ll be millionaires: How have iconic TV house prices risen? September 26, 2014 After making – and losing – their fortune, Del Boy and Rodney might be pleased to know their flat at Nelson Mandela House could have been helping them towards their much-hoped-for millionaire status all along. Only Fools and Horses characters' iconic Peckham home may not have looked like much when the show started back [...]
Sports Direct’s share price tumbles after Tesco investment September 26, 2014 Shares in Sports Direct were down again this morning, following founder Mike Ashley's decision to take out a put option on Tesco yesterday. The retailer's share price has reached a low of 610p, having opened at 636.5p. It continued a tumble that started yesterday, when shares reached a high of 670p. Is it [...]
Bad news in the post hits Royal Mail September 25, 2014 SHARES in Royal Mail yesterday slipped below below 400p for the first time since its IPO last October. The shares bottomed out at 397.90p before closing on 400p, a fall of 3.47 per cent, after rival UK Mail issued a revenue warning because of a decline in parcel volumes. That’s a year-low for the stock, [...]
Royal Mail share price falls below 400p for first time since IPO September 25, 2014 Shares in Royal Mail have fallen below 400p for the first time since its IPO last October. The stock has hit a low of 397.9p per share today after rival UK Mail issued a revenue warning because of a decline in parcel volumes. That's a year-low for the stock, which has attracted much [...]
Space talk: Mars satellites make Tweet love September 25, 2014 In space, no one can hear you scream. But they can certainly see you tweet. This week Indian satellite Mangalyaan entered Mars' orbit – for considerably less than others in the space race (and films set on satellites). But not only is it one of the cheapest Mars missions, it's also one of [...]
