England are in dire state and there’s only one man for the job February 8, 2012 NO CAPTAIN, their star striker banned for the first two games of a major tournament and, after last night’s bombshell, the England team is without a manager too. It’s a mess of quite staggering proportions. By undermining Fabio Capello the Football Association has shot itself in the foot to such an extent that they are [...]
FTSE pegged back by China growth fears March 5, 2012 Uncertainty over global growth dragged on investor sentiment in early trading along with a a renewed surge in oil prices. Brent crude climbed back up near $124 a barrel as another refiner announced cuts to Iranian imports, feeding fears of a supply crunch as the West presses ahead with sanctions on Tehran. Copper prices, however, [...]
FA right to act on Terry – now appoint Gerrard February 7, 2012 THE Football Association made the correct call in stripping John Terry of the England captaincy and the governing body must now act decisively in conjunction with manager Fabio Capello by appointing Steven Gerrard as the Chelsea defender’s replacement. Capello clearly thinks otherwise, but with Terry’s court case delayed until after the European Championships there is [...]
I don’t need to dodge tax on £30k, Redknapp said January 25, 2012 TOTTENHAM manager Harry Redknapp told a reporter he had no need to dodge tax for the sake of £30,000 and declared: “Everything I do, I do above board,” a court heard yesterday. Redknapp said journalist Rob Beasley was “barking up the wrong tree” as he questioned him about payments totalling £189,400 to an offshore account [...]
PPI fine payments hit £215m in first six months of 2011 August 30, 2011 BANKS have paid out a total of more than £215m in compensation so far this year to clients that were mis-sold payment protection insurance (PPI), figures published by City regulator the FSA revealed yesterday. The data released showed that 16 banks – representing 92 per cent of all PPI claims made – had so far [...]
Barroso eurobond pledge lifts markets September 14, 2011 European markets have been lifted in a late rally on a promise that EU authorities will draw up plans for a eurozone-wide bond to end fears over the sovereign debt of the bloc’s weakest economies. The FTSEurofirst 300 index of top shares closed up 1.4 per cent after a day of choppy trading, while the [...]
Barroso eurobond pledge lifts markets September 14, 2011 European markets have been lifted in a late rally on a promise that EU authorities will draw up plans for a eurozone-wide bond to end fears over the sovereign debt of the bloc’s weakest economies. The FTSEurofirst 300 index of top shares closed up 1.4 per cent after a day of choppy trading, while the [...]
WHAT THE OTHER PAPERS SAY THIS MORNING March 11, 2012 FINANCIAL TIMES SEC LAUNCHES EXCHANGE PROBE The US market regulator has launched a broad investigation into whether exchanges favour large trading companies at the expense of smaller customers. The enforcement inquiries emerged from examinations by the Securities and Exchange Commission of how exchange operators, some of which also regulate their customers, manage conflicts of interest [...]
Sberbank sale met by high investor demand September 18, 2012 STRONG demand for Sberbank stock has kept the share price up despite the Russian central bank selling a huge stake in the firm this week. The central bank is offloading a 7.6 per cent stake, worth $5.2bn (£3.2bn) after pricing shares at 93 rubles last night. That sale will take the state’s holding in the [...]
Liberate the law from regulation that shackles it February 21, 2012 AS THE British economy faces tough economic challenges, promoting areas of potential economic growth is not only important – it is essential. With an annual turnover of £25bn (roughly the equivalent to two per cent of our country’s GDP) the legal services industry in England and Wales is an example of one such area. The [...]