#enterprise STOCKS TO WATCH: England win at Women’s Euros hits bookies
STOCKS TO WATCH: Bookies set to disclose how a lot England’s triumph in Women’s Euros dented takings
Bookies will this week reveal how a lot England’s triumph within the Women’s Euros dented takings.
England was heavily-backed from the outset, with a surge in bets because the Lionesses superior and girls’s soccer fever gripped the nation.
William Hill, proprietor of 888, stated the variety of bets on the ultimate was twice as massive because the earlier Women’s Euros – making the sport its largest ever female-only sporting occasion.
Triumph: England was heavily-backed from the outset of the Women’s Euros, with a surge in bets because the Lionesses superior and girls’s soccer fever gripped the nation
Rival Entain, which owns Ladbrokes and Coral, stated a report 1.5million bets had been positioned.
Flutter, proprietor of Paddy Power and Betfair, instructed Stocks to Watch it paid out £580,000 on bets for England to ‘win the trophy’.
It might have been worse although, as most wagers would have been on England to win the ultimate inside the usual 90 minutes – and the sport with Germany went to further time.
On prime of the trio’s outcomes, to be revealed this week, buyers are anxiously awaiting the result of the Government’s playing evaluation.
Nightcap points corking replace
Raymond Blanc-backed bar group Nightcap issued a corking replace final week displaying gross sales soared at its millennial-focused watering holes within the second quarter.
Floated on AIM in January 2021 by former Dragons’ Den investor Sarah Willingham, it has snapped up the London Cocktail Club, Adventure Bars chain and Latin American boozer Barrio Bars.
Like-for-like gross sales had been up 1 / 4, but the shares are nonetheless as flat as outdated fizz.
Harland & Wolff secures skilled finance bod
Harland & Wolff has secured an skilled finance bod, Katya Zotova, as a board director in a transfer the Belfast shipyard says will assist it develop into a big agency.
The banker has been a managing director at Mizuho Bank, a principal on the sanctioned oligarch Mikhail Fridman’s LetterOne IT, retail, and power funding enterprise, and a director at Indian miner Vedanta Resources.
She is coming into at an excellent time.
The phrase on the road is that Britain’s shipyards may very well be brimming with work, which navy people say will solely enhance following the invasion of Ukraine.
Investors will need to see the annual report, nonetheless, which was delayed as a result of Harland & Wolff’s auditors had been brimming with their very own work.
ITM Power plans second manufacturing facility in Sheffield
Hydrogen specialist ITM Power, valued at £1.3 billion, has been engaged on plans to construct a second manufacturing facility in Sheffield since final yr.
The AIM-listed group struck a deal for the positioning in November and is in search of planning permission.
But, we hear, its plan handy over paperwork to Sheffield City Council’s planning committee this week has been delayed, as it’s nonetheless tweaking particulars.
The firm declined to remark. BlackRock Investment Management and JP Morgan Asset Management is likely to be watching intently – the pair have constructed up a report brief place of two.42 per cent within the agency.
Contributor: Patrick Tooher