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Halfords profits to shift up a gear: Peddling bikes to cycling crazy Britons is expected to help push pretax profits at Halfords up 8.4% to £78.9 million, analysts predict

Blow for Boss Clarke as second Asda Director quits after being given new role in reshuffle: A key Director at Asda has stunned fellow Executives by leaving the business just hours after a major reshuffle

Mike Ashley in secret plan to launch chain of cut-price high street stores - just as Woolworths name is up for grabs: Sportswear billionaire Mike Ashley has launched a new discount store in a bid to take a bigger share of the U.K. high street.

U.K. economy accelerating, CBI says: U.K. economic growth has “cranked up several gears” to its fastest pace for a year, boosting hopes that a slowdown in the first quarter of 2015 will be short-lived, figures suggest.

Hyde Park Barracks: Property guru joins race for a piece of British military history: Property veteran Sir Stuart Lipton has emerged as the latest runner in the race to turn Hyde Park Barracks into luxury flats

Legal & General Chief: Pensioners are stuck in oversized properties worth £820 billion: The shortage of suitable housing for older people in Britain is keeping homeowners stuck in properties worth £820 billion and leaving 7.7 million spare bedrooms empty, according to a study that highlights one possible exit route from the housing crisis

North Sea weakness take its toll on manufacturing sector: The manufacturing sector is losing momentum, an industry body has warned, in a sign that problems in North Sea oil and gas are taking a wider toll and threatening the government’s plans to rebalance the economy.

Canadian giant set to pay £2.4 billion for Center Parcs: A Canadian property giant will step up its spending spree in the U.K. this week with a £2.4 billion deal for Center Parcs, the holiday park operator first launched to the U.K. public as the “holiday the weather can’t spoil” nearly 30 years ago

Oil industry freeze hits manufacturing growth: Sliding confidence among manufacturers is threatening to drain the momentum behind the economic recovery, according to industry figures

Birmingham revels in its towering ambition: Birmingham plans to build more than a million square feet of office space to cash in on an undersupply in London that is forcing rents in the capital to sky-high levels.

At 0330GMT today, Brent crude oil one month futures contract is trading 0.52% or $0.34 lower at $65.22 per barrel. On Friday, the contract climbed 4.76% or $2.98, to settle at $65.56 per barrel.

You are quite right about Tony Manini and the team at Oxiana which is briefly referred to in the proactive article dated 26th May 2015. The reality is Tony Manini has spent more than 2 decades in Indonesia and Asia Pacific and knows the geology of the country well as his first senior role was Rio Tinto over 20 years ago in Indonesia and was involved in getting mines to production as well as undertaking Mergers and acquisitions + disposals for Rio. KSk is the company maker in the next 18 months once they are in production as getting 20,000 tonnes of Copper produced per annum is a nobrainer for the new management team and delivering 40m dollars EBITDA will mean a 160-200m Dollar enterprise. More immediately; doubling the Resource to circa 0.5-0.6m tonnes of Copper in two stages; early September and probably Jan next year means market will re-rate the SP to nearer £15-20m range IMHO

Manini; the new CEO/Deputy Chairman; the new dring force to deliver shareholder value for KLG investors in the year ahead. http://www.proactiveinvestors.co.uk/kalimanta ngold/by IanLyall May 26 2015

British consumers are upbeat after General Election outcome: U.K. shoppers were slightly less confident this month, but confidence levels remain relatively high, according to survey figures published

Lloyds and Aldermore lead SME loan rise: Bank lending to small businesses picked up at last in the first quarter, Bank of England figures showed.

Helical Bar Chief predicts record City office rents of £100 per sq ft: The meteoric rise in London office rents is unlikely to slow down for at least another year, the Chief Executive of property developer Helical Bar said, as companies compete for limited office space.

North Sea player Ithaca Energy in legal wrangle: North Sea-focused Ithaca Energy has become embroiled in a legal dispute connected to the giant Greater Stella Area oil development off eastern Scotland.

Booming buy-to-let puts £112 billion in pockets of British landlords: British landlords earned £112 billion from capital gains and rental income last year, in the latest example of the booming buy-to-let market.

Hansteen a good property investment: Hansteen invests in commercial property across the U.K. and Europe, and the management team have a proven track record of delivering steady profits and dividend income. The company eschews the glitzier and grossly overpriced type of city centre office blocks and instead focuses on harder working industrial properties such as out of town warehouses. The property portfolio had a value of £1.6 billion at the end of last year with about 50% in Germany, 30% in the U.K., and 20% in the Netherlands, France and Belgium. The German property portfolio is focused on the Mittelstand – medium-sized Owner-managed businesses that form the industrial backbone of the nation. The profits jumped to a record £131.2 million last year but are lumpy as they are skewed by property sales. The company is also a yield play as it generates rental income at a yield of 8.6% but only pays 3.9% on its borrowings, with the difference flowing back to the company and investors. The fund has a loan-to-value ratio of 41% which looks sensible. The shares have gained 8% and paid a 5p dividend since the last time we looked at them (Buy, 113.5p, February 12). The shares trade on 19 times forecast earnings and pay a prospective dividend of 4.4% and for the long term investor they remain attractive. Hansteen at 122.9p. Questor Says “Buy”.

Tate of the art: Which masterpiece of modern art best represents the full year results of Tate & Lyle, a company whose co-Founder also set up the Tate Gallery? One of Francis Bacon’s screaming popes might encapsulate how investors feel about an 82% drop in full year pretax profits to £51 million. Alternatively, Tracey Emin’s unmade bed would convey a sense of how far reform efforts have got at the sweeteners group. The artificial sweetener Splenda is the problem. Sales have been depressed by low-priced generic competition since patent protection expired in 2009. Had T&L followed best practice in the analogous drugs business, it would have ensured its pipeline was full of replacements. The group held the full year dividend at 28p, but precariously. Free cash flow cover of the payout fell from 1.8 to 0.5 times. Proceeds from the sale of bulk ingredient plants will support cover next year. After that, prospects depend on a tilt towards speciality products that is fraught with execution risk. The forward earnings ratio of 16 times would befit a finished picture better than this work in progress.