WHAT THE OTHER PAPERS SAY THIS MORNING June 16, 2009 FINANCIAL TIMES NATIONAL EXPRESS IN DEBT TALKSNational Express is in talks with bankers to renegotiate terms on part of its £1.2bn debt amid fears that the bus and rail operator will breach loan conditions in December. The group is expected to pass a key test of whether it is meeting the terms of its debt [...]
Home Retail sales enjoy a sunshine lift June 11, 2009 HOME Retail Group yesterday brought some cheer to the market after its Homebase chain reported its first positive sales figures in two years. The DIY chain yesterday posted a 3.8 per cent increase in like-for-like sales for the 13 weeks to 30 May, beating market expectations. Homebase said total sales, which include those from new [...]
Home Retail sales enjoy a sunshine lift June 11, 2009 HOME Retail Group yesterday brought some cheer to the market after its Homebase chain reported its first positive sales figures in two years. The DIY chain yesterday posted a 3.8 per cent increase in like-for-like sales for the 13 weeks to 30 May, beating market expectations. Homebase said total sales, which include those from new [...]
Robshaw debut against Pumas June 10, 2009 RUGBY UNION: Harlequins flanker Chris Robshaw is set to make his England debut after being named in the starting XV for Saturday’s Test against Argentina. Robshaw replaces James Haskell, who drops to the bench, while veteran Leicester prop Julian White comes in for Newcastle’s David Wilson. ENGLAND: D Armitage; M Cueto, D Hipkiss, T May, [...]
VETERAN BAR OWNER HANGS UP CITY APRON June 3, 2009 AFTER a lengthy 48-year spell in the City, it’s finally time to say goodbye to ship broker-turned-restaurateur David Hughes, who’s often been described one of the friendliest bar owners in the world. Hughes first came to the City in 1961, aged 15, working as a ship broker at the Baltic Exchange on St Mary Axe, [...]
Setanta’s non-payment has its rights-holders fretting June 2, 2009 THE Scottish football authorities were yesterday fearing the worst after Setanta, the struggling pay telelvision company, missed a £3m payment and gave no indication when it might be forthcoming. The missed payment has sent shockwaves through the Scottish football establishment which recently signed a lucrative four-year deal with Setanta worth £125m. Last night the chairmen [...]
Profits sizzle at B&Q as barbecue sales rocket June 2, 2009 WARM barbecue weather boosted sales at DIY chain B&Q in the first quarter, helping parent group Kingfisher report a 40 per cent jump in profits yesterday. The retailer said that profits in the 13 weeks to May 2 were £128m, smashing analyst expectations, which were around £34m lower. Chief executive Ian Cheshire said the group [...]
Profits sizzle at B&Q as barbecue sales rocket June 2, 2009 WARM barbecue weather boosted sales at DIY chain B&Q in the first quarter, helping parent group Kingfisher report a 40 per cent jump in profits yesterday. The retailer said that profits in the 13 weeks to May 2 were £128m, smashing analyst expectations, which were around £34m lower. Chief executive Ian Cheshire said the group [...]
B&B suffers on loan losses June 1, 2009 BRADFORD and Bingley will lose up to £700m on mortgage defaults this year and expects an increase in the rate of loan losses, its chief executive Richard Pym said yesterday. Pym said the number of borrowers more than three months behind on their mortgage had grown from the 4.6 per cent figure it announced in [...]
B&B suffers on loan losses June 1, 2009 BRADFORD and Bingley will lose up to £700m on mortgage defaults this year and expects an increase in the rate of loan losses, its chief executive Richard Pym said yesterday. Pym said the number of borrowers more than three months behind on their mortgage had grown from the 4.6 per cent figure it announced in [...]