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Saturday 23 July 2016 3:52 pmThese are eight surprise winners and losers from the EU referendumBy: Francesca WashtellShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleToday is the one-month anniversary of the EU referendum.After years of debating whether or not a referendumon EU membership would be held, on 23 June the UK s votingpopulace trudged to polling stations and decided 52 per cent to 48 per cent to leave the organisation.Here are eight of the  perhaps surprising  winners and losers of this first post-Brexit vote month.First, the winners1. Fine wineThe fall in Sterling in the wake of the referendum led to a  stanley cup spike in fine wine sales to international buyers, mostly based in Asia and the US. Spirits and wine merchant BI generated a week s revenue in six h polene ours, while sales to Asian buyers jumped eight times higher than the previous day  polene bolsos when the result of the referendum was announced. Source: Getty Currency volatility will likely only serve wine well in the short-run, as merchants will then face challenges buying new stocks in, but for now wine is also being touted as the best alternative investment going at the moment. Get your corkscrews ready, in that case.2. NewspapersAlthough newspapers have spent a lot of the last month reporting doom and gloom, the majority of national newspapers experienced an uplift in circulation as readers scrabbled to find out what was actually g Xmzo BT Sport bags multi-year NBA deal
Wednesday 28 September 2011 8:02 pm|Updated:Thursday 30 May 2019 10:06 pmBabcock sees  reduction in net debt positionBy: KCS-contentShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a pref polene erredsource on GoogleFTSE 250-listed engineering support services firm Babcock yesterday said that strong cash generation and good trading conditions in the last quarter will help it hit profit targets. The firm said its good cash position means it expects to pay down its debts to leave a debt to underlying earnings ratio of less than two times by the end of the financial year.Babcockrsquo  order book stands at around pound;12bn and it has a bid pipeline of pound;10bn, with the firm enjoying a ldquo teady flow of contracts, the company said in a pre-close update. It pointed out that it has won the last three major contracts to be offered at the Sellafield nuclear plant in the past year. Babcock added that the VT business, which it acquired 18 months ago, is now fully integrat owala canada ed into its own operations.  The possible disposal of Babcockrsquo  US defence operations is still being considered, the group said.Share this articleFacebookXLinkedInWhatsAppEmailSimilarly tagged content: SectionsNewsCategoriesBusinessRelated TopicsNULLTrending ArticlesLabour will regret the Rentersrsquo; Rights ActUK at stanley uk  lsquo;greatest riskrsquo; of jet fuel shortage as flights to be cancelledClairersquo  Accessories to launch U