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Oxford Street shop sells at 5.4% yield

first_imgTo access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week. Would you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletterslast_img

Govt aims for 10 million MSMEs to go digital by year end

first_img“During the pandemic, we did door-to-door QRIS education and eliminated the QRIS transaction fee to accelerate MSMEs’ digitalization,” he said.Financial technology firm Xendit co-founder and COO Tessa Wijaya said that small and medium entrepreneurs who were already familiar with social media could easily adapt to digitalization.“Partnering with start-ups and companies that focus on MSMEs is also important as they can further incentivize small businesses to go digital,” she said.Read also: Start-ups help SMEs digitalize during pandemicSmall businesses, which make up around 60 percent of the country’s economy, are losing sales because of coronavirus restrictions, which are now being phased out in some places.To help MSMEs, the government has allocated part of its Rp 641.17 trillion economic recovery stimulus to soften the impact of COVID-19. It also planned to spend $49.7 billion on procuring SME products and services. The government aims to have 10 million micro, small and medium enterprises (MSMEs) go digital by the end of the year to help them ease the financial burden of the pandemic, a high-ranking official has said.Cooperatives and Small and Medium Enterprises Minister Teten Masduki said there were currently only around 8 million MSMEs that had an online selling platform, either through e-commerce or social media. The number represents around 13 percent of all MSMEs in the country.“Businesses that can survive and thrive during this pandemic are those that have an online presence,” he said during a keynote speech at an Indonesian Fintech Association (Aftech) online discussion on Tuesday. Teten said that MSMEs also needed to integrate their businesses with digital payment solutions because consumers were switching to cashless payments due to fears of contracting the coronavirus.“Digitalizing payments for small businesses allows them to have transaction records that can be used to apply for loans,” he added.According to a recent survey by YouGov, 75 percent of Indonesian respondents have mostly used digital payments, such as e-wallet OVO, in the last three months, followed by debit or credit cards, which indicates that a large portion of consumers is accustomed to e-payments.Bank Indonesia assistant director Ronggo Gundala Yudha said there were 3.7 million merchants in Indonesia that used the Quick Response Indonesia Standard (QRIS) code, 2.5 million of which were small and medium enterprises, while 600,000 were micro merchants.center_img Topics :last_img read more

Governor Wolf Hails DCNR Online Reservation Innovation for Campers, Cost Savings at State Parks Across Pa.

first_imgGovernor Wolf Hails DCNR Online Reservation Innovation for Campers, Cost Savings at State Parks Across Pa. SHARE Email Facebook Twitter August 18, 2016center_img Efficiency,  GO-TIME,  Press Release Wellsville, York County, PA – Governor Tom Wolf today praised the Department of Conservation and Natural Resources’ efforts to implement new digital technology to make reservations more accessible for visitors and made agency efforts more efficient, saving more than $100,000 a year.“DCNR’s innovative new online reservations system is an example of how technology can help us deliver better services and save precious taxpayer dollars,” Governor Wolf said. “Our state parks are some of Pennsylvania’s most beautiful assets and DCNR has succeeded in making them more accessible for all Pennsylvania’s residents.”Reservations can be made 24 hours a day, seven days a week. In 2015, 194,000 reservations were made, swelling the total to more than 327,000 since the system rolled out in February 2015. More than 82 percent of advanced reservations are now made online, reducing DCNR’s incurred contractor costs for 2015 and future years.DCNR Secretary Cindy Adams Dunn today joined other state officials, Bureau of State Parks representatives and state park campers in celebrating cost-saving park reservation improvements that recently gained DCNR recognition from the Governor’s Office of Transformation, Innovation, Management and Efficiency (GO-TIME).“Our Bureau of State Parks’ workers are justifiably proud of this distinction afforded by Gov. Wolf,” Dunn said. “Not only do these reservation improvements make for happy, better informed and served campers, they also help this department realize savings of more than $100,000 a year.”Veteran campers who have enjoyed the recent benefits of the online reservation system improvements also spoke at today’s gathering at Gifford Pinchot State Park, York County.Recognized Aug. 2 by Gov. Wolf and GO-TIME officials, Bureau of State Parks reservation improvements will ease bureau expenses by lowering software transaction costs. At the same time, the bureau has seen a marked increase in online and overall camping reservations.“The new reservation system now utilized by the Bureau of State Parks is a great example of smart savings,”  said Sharon Ward, director of the Governor’s Office of Transformation, Innovation, Management & Efficiency. “In short, it delivers both lower costs and better service to Pennsylvanians.”Gov. Wolf has announced state agencies saved over $156 million through GO-TIME efforts such as DCNR’s, exceeding a $150 million savings goal for the 2015-16 fiscal year. More than 150 department initiatives across the state have contributed to a $156 million savings so far.“Our new reservation system was tested and vetted on all levels to ensure we were not only improving benefits to our customers, but improving park operations as well,” Dunn told the park gathering. “In addition, lower software transaction costs will save our department over $100,000 per year, over the next three years.”Veteran Pinchot State Park campers Nancy and Glenn Peck said the system changes have streamlined their efforts to stay annually at the 2,338-acre state park, graced by Pinchot Lake and its almost 350 acres.The state park reservation system can be found at http://pennsylvaniastateparks.reserveamerica.com/Details on Gifford Pinchot and Pennsylvania’s 120 other state parks can be found at www.dcnr.pa.gov.Like Governor Tom Wolf on Facebook: Facebook.com/GovernorWolflast_img read more

Kempen to go ‘tobacco-free’ by end of 2018

first_imgKempen Capital Management has decided to stop investing in tobacco, it announced today.The €60bn Dutch asset manager will exclude all investments in the tobacco industry from its funds, although the policy does not apply to mandates, bespoke investment portfolios and multi-manager funds.Kempen has said its funds will be “tobacco-free” by the end of this year. Narina Mnatsakanian, director of impact and responsible investment at Kempen, said: “Tobacco has a proven negative impact on society and many international standards support this position. “In the experience of Kempen’s investment staff, active shareholder engagement with the tobacco industry alone is not enough to drive the fundamental change required.”A spokesman told IPE the policy would impact two funds, “the credit fund directly and the fund of hedge funds indirectly”, with excluded stocks equating to roughly 1% of the index.BNP Paribas and Robeco have also excluded tobacco investments this year, extending existing bans on tobacco investment for sustainable funds to their mainstream funds.The €3.4bn pension fund of Dutch technical research institute TNO recently announced it would divest its tobacco holdings because it did not fit with its policy for responsible investment.Other pension funds to have turned their back on tobacco include major Dutch schemes PFZW and ABP, and French funds FRR and Ircantec.In the UK, defined contribution master trust NEST recently announced its first steps into commodity investment, with its £200m (€226m) segregated mandate excluding companies focused on thermal coal, palm oil, uranium and tobacco.last_img read more

McDermott posts higher profit and revenues

first_imgHouston-based EPCI contractor McDermott recorded an increase in both profit and revenues in its last full quarter as a separate company before it merges with CB&I.McDermott, which recently rejected a takeover offer by Subsea 7, on Tuesday posted its first quarter 2018 earnings attributable to McDermott stockholders of $35.2 million compared to $21.9 million for the prior-year first quarter.McDermott’s first quarter 2018 revenues totaled $607.8 million, an increase of $88.4 million, compared to revenues of $519.4 million for the prior-year first quarter.The key projects driving revenues for the first quarter of 2018 were the Saudi Aramco LTA II Lump Sum, Saudi Aramco Safaniya Phase 5, Inpex Ichthys and Pemex Abkatun-A2 projects. The increase from the prior-year first quarter was primarily due to the settlement of a significant change order in Asia and an increase in activity in the Middle East.David Dickson, President and Chief Executive Officer of McDermott, said: “As market conditions improve for our customers, opportunities for the combined organization continue to increase as our customers remain enthusiastic about the vertically integrated solution a combined McDermott and CB&I will offer.”Dickson, who will continue to lead the combined company, also reminded that the integration teams from the two companies had identified potential incremental savings of $100 million in addition to the expected $250 million in annualized cost synergies.Dickson added: “We are excited to complete our transformational combination with CB&I so that we can begin integrating our two companies and deliver on the significant value-creating benefits of the transaction.”At the end of the quarter, McDermott’s backlog was $3.4 billion, compared to $3.9 billion at the end of last December. Order intake in the first quarter of 2018 totaled $321.2 million.McDermott and CB&I did not allow Subsea 7’s attempted takeover and objection by a shareholder holding about 2% of the company to rock their merger boat but boasted with support from two proxy advisory firms, Institutional Shareholder Services and Glass Lewis, who endorsed the merger plan ahead of the special meetings of shareholders of both companies scheduled to be held on May 2.Once and if the merger is completed as planned next month, the new company will keep the name McDermott as it “provides a strong foundation for the combined company.”Offshore Energy Today Stafflast_img read more

Toronto’s Flood Protection Project Officially Underway

first_imgToronto Mayor John Tory together with other government officials and local residents yesterday attended a ground-breaking ceremony in the city, to mark the start of excavation on a new river valley as part of the Port Lands Flood Protection project.Over a decade in planning, the project is implementing a comprehensive strategy for flood protection of the Port Lands, which are at risk of flooding under a significant storm event.“For years the Port Lands have sat waiting for flood protection work to be done – now we’re finally doing it because we worked with the Ontario & federal governments to fund this project with funding totaling $1.25 billion,” Mayor John Tory said.According to the officials, the project will remediate contaminated lands and unlock new land for development, provide critical flood protection through the creation of a naturalized mouth for the Don River, and establish new wetlands and aquatic habitats to support native species of fish.“Naturalizing the mouth of the Don River protects the Port Lands and homes in our community from flooding. We are committed to helping build vibrant and sustainable and prosperous communities along our waterfront. This is a very exciting time for the city!” commented Julie Dabrusin, Member of Parliament for Toronto–Danforth.The scheme, set for completion by 2025, will among other things include extensive earth work, construction of new bridges and extension of the Lake Shore Boulevard bridge, as well as creation of a new, naturalized area in the river valley.Once completed, this project provide flood protection for 240 hectares of land through the creation of a naturalized mouth for the Don River.last_img read more

Haiti’s former soldiers challenge government and UN troops.

first_img Share Tweet Share 47 Views   no discussions NewsRegional Haiti’s former soldiers challenge government and UN troops. by: – May 5, 2012center_img Sharing is caring! Share Haitian President Michel MartellyPORT-AU-PRINCE, Haiti – Haitian and United Nations (UN) officials are searching for a peaceful way to disarm a brazen band of former soldiers demanding the immediate return of the Haitian armed forces, 17 years after the country’s notoriously brutal army was disbanded.A rogue group of ex-soldiers, some of whom are vestiges of dictatorships that used the military to terrorise the population, is attempting to force President Michel Martelly to fulfil campaign promises to reinstate the army.The militants are estimated to number between 2,500 and 3,000 and have set May 18 as a deadline.“We’re not joking around,” said Larose Aubin, a former army sergeant, at a recent press conference. “We’re going to come with force and with the population, and we will get what we’re looking for. Even if we lose our lives, we will fight. They can’t kill us all.”Another former sergeant, Yves Jeudy, said: “After 18 May, if the government hasn’t done anything, they will see what happens. We’re not going back and they need to give us an answer quick. We’re running out of patience.”The former soldiers seized abandoned army bases throughout the country in February. Since then, armed men and women in military fatigues have paraded in several towns, performing traffic stops in full view of Haitian police and UN troops.President Martelly intends to create a new army and has appointed a presidential commission to do so, but the plan is expected to exclude all but a few from this rogue element and is still a few years from completion.An effort to disperse the ex-soldiers by offering leaders their long-owed military pensions and back pay has failed. Most of the young recruits are ineligible for this scheme.The situation escalated last month when about 50 men in uniform, some armed with hand grenades, disrupted a legislative session discussing the ratification of the prime minister-designate Laurent Lamothe.UN stabilisation force for Haiti (Minustah) spokeswoman Sylvie Van Den Wildenberg acknowledged that although exhaustive measures were being taken, the situation was deteriorating.“Things are now moving fast and we are discussing it with the government,” she said. “We are in a very sensitive situation and we have to make sure that we keep it as stable as possible.“As with every peacekeeping mission under chapter seven [of the UN charter], force is the last resort. But we are monitoring the situation very closely and we will not let anyone destabilise the country.”If force is ultimately needed, chapter seven approves military action when peace is threatened. But just how the Haitian people would react to armed intervention from the 7,500-strong UN force is of grave concern.Since arriving in Haiti in 2004, Minustah’s reputation has been tarnished by incursions into Port-au-Prince neighbourhoods such as Cité Soleil and Bel-Air, which resulted in civilian casualties. Matters have been compounded by the conviction of two Pakistani peacekeepers for rape.The upshot, according to Georges Michel of the presidential commission, is that the rebel soldiers are more popular than the UN peacekeepers.“The people are with them,” he said. “This would be a major catastrophe for President Martelly if he calls upon Minustah to crack down on them. They will be seen as heroes and Martelly as the villain. So a peaceful and political solution must be found.”Caribbean 360 Newslast_img read more

IMCA Speedway Motors Weekly Racing National Point Standings Through July 21

first_imgXtreme Motor Sports IMCA Modifieds – 1. Jordan Grabouski, Beatrice, Neb., 1,194; 2. Chris Abelson, Sioux City, Iowa, 1,172; 3. Cory Sample, Winnemucca, Nev., 1,162; 4. Kelly Shryock, Fertile, Iowa, 1,146; 5. Ricky Stephan, South Sioux City, Neb., 1,138; 6. Tim Ward, Harcourt, Iowa, 1,125; 7. Jason Wolla, Ray, N.D., 1,117; 8. Dustin Smith, Lake City, Iowa, 1,108; 9. Kyle Brown, State Center, Iowa, 1,099; 10. Ronn Lauritzen, Jesup, Iowa, 1,097; 11. Tyler Frye, Belleville, Kan., 1,089; 12. Ricky Thornton Jr., Harcourt, Iowa, and Steven Bowers Jr., Topeka, Kan., both 1,076; 14. Anthony Roth, Columbus, Neb., 1,071; 15. Jacob Murray, Hartford, Iowa, 1,070; 16. Rob VanMil, Barnesville, Minn., 1,068; 17. Jesse Hoeft, Forest City, Iowa, 1,052; 18. Chaz Baca, Mesa, Ariz., 1,048; 19. Clay Money, Penokee, Kan., 1,042; 20. Dennis LaVeine, West Burlington, Iowa, 1,041.IMCA Late Models – 1. Rob Toland, Davenport, Iowa, 779; 2. Darrel DeFrance, Marshalltown, Iowa, 769; 3. Luke Goedert, Guttenberg, Iowa, 764; 4. Andy Nezworski, Buffalo, Iowa, 743; 5. Matt Ryan, Davenport, Iowa, 733; 6. Jeremiah Hurst, Dubuque, Iowa, 707; 7. Joel Callahan, Dubuque, Iowa, 703; 8. Ryan Griffith, Webster City, Iowa, 690; 9. Tyler Droste, Waterloo, Iowa, 676; 10. Curt Schroeder, Newton, Iowa, 674; 11. Eric Sanders, Sherrard, Ill., 645; 12. Jason Hahne, Webster City, Iowa, and Randy Havlik, Ankeny, Iowa, both 644; 14. Jeremy Grady, Story City, Iowa, 636; 15. Ben Seemann, Waterloo, Iowa, 624; 16. Gary Webb, Blue Grass, Iowa, 618; 17. Todd Johnson, Mitchellville, Iowa, 609; 18. Jonathan Brauns, Muscatine, Iowa, 602; 19. Thad Wilson, Moline, Ill., 581; 20. Nick Marolf, Wilton, Iowa, 579. IMCA EMI RaceSaver Sprint Cars – 1. Marcus Thomas, Corsicana, Texas, 745; 2. Andy Shouse, Mustang, Okla., 742; 3. Clint Benson, Papillion, Neb., 736; 4. Robert Vetter, Wolfe City, Texas, 726; 5. Zach Blurton, Quinter, Kan., 715; 6. Michelle Melton, Flower Mound, Texas, 681; 7. Tyler Drueke, Eagle, Neb., 678; 8. Justin Fifield, Mesquite, Texas, 661; 9. Chad Wilson, North Richland Hills, Texas, 660; 10. Scott Lutz, Jonestown, Pa., 650; 11. John Ricketts, Burleson, Texas, 648; 12. Raven Culp, Mesquite, Texas, 640; 13. Jason Martin, Lincoln, Neb., 633; 14. Bryan Debrick, Irving, Texas, 623; 15. Chase Parson, Abilene, Texas, 612; 16. Weston Gorham, Colleyville, Texas, 609; 17. Kyle Ganoe, Thompsontown, Pa., 602; 18. Mark Klis, Waxahachie, Texas, 601; 19. Austin Mundie, Dallas, Texas, 598; 20. Zach Newlin, Millerstown, Pa., 594. IMCA Sunoco Stock Cars – 1. Mike Nichols, Harlan, Iowa, 1,200; 2. Damon Murty, Chelsea, Iowa, 1,156; 3. Donavon Smith, Lake City, Iowa, 1,150; 4. Westin Abbey, Comanche, Texas, 1,148; 5. Kirk Martin, Weatherford, Texas, 1,134; 6. David Smith, Lake City, Iowa, 1,120; 7. Casey Woken, Norton, Kan., 1,117; 8. Chad Bruns, Wakefield, Neb., 1,113; 9. Greg Gill, Muscatine, Iowa, 1,103; 10. Ron Pettitt, Norfolk, Neb., 1,095; 11. Derek Green, Granada, Minn., 1,084; 12. Brian Blessington, Breda, Iowa, 1,083; 13. Matt Speckman, Sleepy Eye, Minn., 1,081; 14. John Oliver Jr., Danville, Iowa, and Ryan Powers, Crowley, Texas, both 1,074; 16. Dan Mackenthun, Hamburg, Minn., and Norman Chesmore, Rowley, Iowa, both 1,071; 18. Kyle Pfeifer, Hill City, Kan., 1,063; 19. Eric Jones, Troy, Texas, 1,060; 20. Tyler Pickett, Boxholm, Iowa, 1,045. IMCA Sunoco Hobby Stocks – 1. Shannon Anderson, Des Moines, Iowa, 1,191; 2. Cody Nielsen, Spencer, Iowa, 1,186; 3. Cory Probst, Brewster, Minn., 1,172; 4. Justin Luinenburg, Reading, Minn., 1,161; 5. TeJay Mielke, Norfolk, Neb., 1,134; 6. John Watson, Des Moines, Iowa, 1,129; 7. August Bach, Newton, Iowa, 1,104; 8. Tiffany Bittner, Hampton, Neb., 1,095; 9. Damon Richards, David City, Neb., 1,092; 10. Brady Bencken, Oakley, Kan., 1,088; 11. Eric Stanton, Carlisle, Iowa, 1,070; 12. Dave Riley, Sioux City, Iowa, 1,048; 13. Jason Wilkinson, Neligh, Neb., 1,045; 14. Cody Williams, Minneapolis, Kan., and Leah Wroten, Independence, Iowa, both 997; 16. Cameron Wilkinson, Neligh, Neb., 993; 17. Wesley Warren, Fairfield, Texas, 986; 18. Drew Barglof, Sioux Rapids, Iowa, 954; 19. Daniel Smith, Lake City, Iowa, and Jeremy Hoskinson, Norfolk, Neb., both 944. Karl Chevrolet Northern SportMods – 1. Daniel Gottschalk, Ellis, Kan., 1,182; 2. Tony Olson, Cedar Rapids, Iowa, 1,181; 3. Tyler Soppe, Sherrill, Iowa, 1,180; 4. Kyle Prauner, Norfolk, Neb., 1,138; 5. Matthew Looft, Swea City, Iowa, 1,135; 6. Robby Rosselli, Minot, N.D., 1,129; 7. Nelson Vollbrecht, Stanton, Neb., 1,127; 8. Nick Meyer, Whittemore, Iowa, 1,126; 9. Jake McBirnie, Boone, Iowa, 1,121; 10. Johnathon D. Logue, Boone, Iowa, 1,115; 11. Doug Smith, Lanesboro, Iowa, 1,104; 12. Jesse Skalicky, Fargo, N.D., 1,098; 13. Tony Rialson, Cottonwood, Minn., 1,070; 14. Lucas Lamberies, Clintonville, Wis., 1,032; 15. Carter VanDenBerg, Oskaloosa, Iowa, 1,026; 16. Brian Davidson, Bennington, Kan., 1,016; 17. Cory Rose, Boone, Iowa, 1,015; 18. Kelly Jacobson, Fargo, N.D., 1,006; 19. Erik Laudenschlager, Minot, N.D., 1,005; 20. Jared VanDeest, Holland, Iowa, 1,004.Scoggin-Dickey Parts Center Southern SportMods – 1. Jeffrey Abbey, Comanche, Texas, 1,183; 2. Ronnie Welborn, Princeton, Texas, 1,136; 3. Cory Williams, Slaton, Texas, 1,102; 4. Kamera Kaitlin McDonald, Keller, Texas, 1,034; 5. James Skinner, Burleson, Texas, 862; 6. Taylor Florio, Copperas Cove, Texas, 806; 7. Thomas Walp, Olney, Texas, 799; 8. James Hanusch, Belton, Texas, 753; 9. Robert Scrivner, Waco, Texas, 733; 10. Dustin Leatherman, Muskogee, Okla., 694; 11. Justin Nabors, Kemp, Texas, 645; 12. Cullen Hill, Healdton, Okla., 626; 13. Dustin Robinson, Post, Texas, and T.J. Green, Robinson, Texas, both 623; 15. Jake Upchurch, Grand Prairie, Texas, 618; 16. Logan Ellis, Wagoner, Okla., 607; 17. Austin Gooding, Fort Worth, Texas, 590; 18. Caden Ellis, Wagoner, Okla., 570; 19. Jessie Hoskins, Longdale, Okla., 540; 20. Garett Rawls, China Spring, Texas, 538.Mach-1 Sport Compacts – 1. Ramsey Meyer, Pierce, Neb., 1,180; 2. Nate Coopman, Mankato, Minn., 1,145; 3. Tyler Thompson, Sioux City, Iowa, and Jay DeVries, Spencer, Iowa, both 1,121; 5. Shannon Pospisil, Norfolk, Neb., 1,120; 6. Brooke Fluckiger, Columbus, Neb., 1,098; 7. Kaytee DeVries, Spencer, Iowa, 1,084; 8. Lance Mielke, Norfolk, Neb., 1,081; 9. Richard Crow, Grand Island, Neb., 1,077; 10. Levi Heath, Wilton, Iowa, 1,069; 11. Joe Bunkofske, Armstrong, Iowa, 1,056; 12. Colby Kaspar, Columbus, Neb., 1,044; 13. Randy Nelson, Albion, Neb., 1,039; 14. Scott Spellmeier, Beatrice, Neb., 1,038; 15. Cody Van Dusen, Atalissa, Iowa, 1,020; 16. Jake Newsom, Sioux City, Iowa, 1,009; 17. James Roose, Grandview, Iowa, 984; 18. Dustin Jackson, Oneill, Neb., 882; 19. Darwin Brown Jr., Jackson, Minn., 867; 20. David Norquest, York, Neb., 856.last_img read more

Burkhart takes new role as Executive Director of MSG

first_imgGreensburg, In—The Main Street Greensburg Board of Directors is pleased to announce Susan Burkhart as the organization’s new Executive Director.  Susan is a life-long resident of Decatur County and a graduate of Greensburg Community High School.  She also attended Ball State University where she achieved a Bachelor of Science degree.  Prior to being hired as the Executive Director of MSG Susan worked for Doerflinger Insurance Agency, the Decatur County Memorial Hospital Foundation, & NAPCO Preneed Insurance. Over the years Susan has been extremely involved in the Decatur County community serving on multiple non-profit boards, including the MSG Board.  While serving on the Board she served as the Secretary on the Executive Committee, as well as the Promotions Sub-Committee. Board President Erica Gunn stated, “We welcome Susan to her new position and believe she will bring a unique perspective to MSG based on her extensive leadership experience.  She has proven through her time on the Board that she will be an incredible leader capable of continuing to see our mission and vision through to fruition.”  The Main Street Greensburg Board of Directors trusts that Susan’s education, work history, enthusiasm, volunteer experience, and community involvement have prepared her for this vitally important position.  The Board is confident that she possesses the operational and communication skills, as well as leadership ability to take Main Street Greensburg to great heights in the future.  Community Partners and the Board are excited to see where she will help lead the organization and the community.last_img read more

Ferguson tops manager rich list

first_img Hamilton stays narrowly ahead of Jenson Button, who has also added £5million to his fortune in the last year and is now worth £58million. Scottish motor racing driver Dario Franchitti, who is a four-time champion of the IndyCar series in America, is worth £50million, up £4million on last year. Manchester United boss Sir Alex Ferguson has retained his position as the wealthiest football manager in Britain with a fortune of £34million, according to the Sunday Times Sport Rich List. Arsenal manager Arsene Wenger and ex-Ipswich boss Roy Keane are ranked joint second, worth £29million, ahead of Manchester City’s Roberto Mancini (£21million). The fourth annual guide to the wealthiest people in British sport rates Lewis Hamilton, now worth £60million, an increase of £5million since last year, as the wealthiest British driver currently competing in Formula One. center_img Press Associationlast_img read more