Hints and tips:
...SELL: Great Portland Estates (GPE) The London office landlord has yet to surge back to life in the way investors had hoped, writes Mitchell Labiak....
...Sterling suffers biggest one-day fall against the dollar in a month following UK growth fears, US banks are stepping up the sales of their loan portfolios, and Odey Asset Management continues to spiral after...
...Galli Zugaro has built a sterling reputation for finding both unalloyed cultural experiences and untrammelled nature for his guests, from the Peruvian Amazon to the Mekong; we’re expecting no less here....
...This year, I’ve heard a speech from Andrew Mitchell, the government’s international development minister and by any definition one of the most respected politicians on this topic at Westminster....
...So we wrote the news after seeing a letter from Odey Asset Management, noting that four funds are potentially being transferred to another company called SW Mitchell....
...Overleveraged pub operators such as Marston’s and Mitchells & Butlers have already warned of the threat of inflation to their finances....
...In 2019, Raheem Sterling confronted Liverpool’s Joe Gomez at an England training camp over an incident at a recent club match....
...The centre-backs and Pickford, like forwards Raheem Sterling and Harry Kane, have built up automatisms....
...That means EU investors will still be able to trade dual-listed companies like AstraZeneca, Relx, Tui, British Airways parent IAG and G4S in London as those companies are listed in sterling....
...Business Mitchells & Butlers, the UK’s largest listed pub company, is planning to raise £350m through a share placing....
...China has the upper hand in corporate proxy wars with the US, Beijing bureau chief Tom Mitchell warns....
...Fund managers seem unanimous: sterling and UK stocks look cheap....
...Podcast of the day The Boris bounce FT correspondents look back at a mixed week for Boris Johnson against a backdrop of a slumping sterling, Bank of England warnings and by-election loss in Brecon....
...Read more Sterling edges higher after Theresa May announces her resignation For market updates and comment follow us on Twitter @FTMarkets...
...He adds, “This has been compensated for by other more established markets showing great strength,” citing Joan Mitchell and Robert Ryman....
...● Mitchells & Butlers rose to a one-month high after the pub operator’s interim results topped expectations....
...Here’s the latest Deutsche Bank FX stress indicator, which is flashing a “pockets of systemic risk” warning as sterling slides below $1.19....
...As the asset most sensitive to Brexit-related news, sterling was hard hit last week by the political crisis over Theresa May’s proposed deal....
...The group, which has £1.8bn of net debt, has been hit by the fall in sterling, rises in the minimum wage and higher business rates....
...The broker remained bearish on fellow pub operators Marston’s and Ei Group due to “stubbornly high” debt leverage and argued that both Marston’s and Mitchells & Butlers suffer from “weak cash conversion...
...(Former Labour MP Austin Mitchell on BrexitCentral) What the government’s Brexit white paper must address “This is not about caving in to Brussels....
...His efforts were recognised in October last year, when the International Monetary Fund formally designated the renminbi as an official reserve currency alongside the dollar, euro, yen and pound sterling....
...With frequent drinking on the job and prodigious expense accounts, hard-nosed activist investors would have been none too impressed with Sterling Cooper, the fictional advertising agency in the TV series...
...Coming weeks after the Brexit referendum, fingers were pointed about a foreign takeover benefiting from the weakened sterling....
...Inflation caused by the fall in sterling, rises in the minimum wage and higher business rates knocked 10 per cent off pre-tax profits at Mitchells & Butlers, Britain’s second-biggest operator of pubs and...
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