2010: A rollercoaster year of sport December 20, 2010 JANUARY TENNIS: Andy Murray misses out on a maiden grand slam when he is beaten by Roger Federer in the Australian Open final; FOOTBALL: David Sullivan and David Gold take over at West Ham; terrorists attack the Togo team at the Africa Cup of Nations in Angola, killing three; CRICKET: England are denied series win [...]
What the other papers say this morning February 28, 2011 FINANCIAL TIMES NORTHERN ROCK TO OFFER 90 PER CENT MORTGAGES Northern Rock is poised to launch a range of mortgages offering up to 90 per cent of a property’s value, marking the nationalised bank’s return to riskier lending three years after its collapse and government bail-out. The lossmaking lender could make the new high loan-to-value [...]
What the other papers say this morning February 28, 2011 FINANCIAL TIMES NORTHERN ROCK TO OFFER 90 PER CENT MORTGAGES Northern Rock is poised to launch a range of mortgages offering up to 90 per cent of a property’s value, marking the nationalised bank’s return to riskier lending three years after its collapse and government bail-out. The lossmaking lender could make the new high loan-to-value [...]
Terra Firma set to appeal EMI ruling January 11, 2011 PRIVATE EQUITY firm Terra Firma wants to appeal the US court decision that dashed its hopes for compensation from Citigroup over its £4bn purchase of music firm EMI. Citigroup provided £2.6bn of debt for the 2007 buyout of EMI, a deal that came to epitomise the risks of loading companies with debt when the company’s [...]
JUDGEMENT DAY October 12, 2010 LIVERPOOL fans, players and directors are on tenterhooks this morning as they await a momentous and potentially historic High Court judgement that has huge ramifications for the club’s future. At 10:30am the judge, Mr Justice Floyd, is due to deliver his verdict on the civil war that has engulfed Anfield and now threatens to see [...]
FOOD & BOOZE NEWS January 10, 2011 EAT CHEAP IN BATTERSEA The Fish Place, the recently-opened high-quality seafood restaurant on Bridges Court Road in Battersea – which uses the nearby heliport to fly in fresh catches from the coast most days – is offering a rather splendid deal for those whose wallets need a bit of a New Year respite. From 25-30 [...]
Battersea gets a slice of seafood heaven February 14, 2011 The Fish Place Vincentia Court Building, Bridges Wharf, Bridges Court Rd, SW11 3GY FOOD SERVICE ATMOSPHERE Cost per person without wine: £40 FOR the capital city of an island nation, London is shorter on first-rate fish restaurants than it should be. Sure, there are plenty of fishy dishes on some of the best menus, and [...]
Class action hopes quashed by ruling October 5, 2010 FAEGRE & BENSON Since the financial crisis of 2008, shareholders in several companies including RBS, Northern Rock, Lloyds, BP and Porsche have pursued the possibility of suing for fraud in the American courts, where class actions are far easier. But a recent Supreme Court decision could scupper these plans. The verdict in Morrison v National [...]
The man who wants to get the SFO ready for business March 21, 2011 The country’s top fraudbuster Richard Alderman may be retiring next year but after arresting Robert and Vincent Tchenguiz he has very publicly taken on the fight of his life. Earlier this month, the Serious Fraud Office (SFO), of which the 58-year-old Alderman is the director, briefly arrested and questioned the billionaire brothers along with seven [...]
WHAT THE OTHER PAPERS SAY THIS MORNING February 15, 2011 FINANCIAL TIMES BARCLAYS FORCED TO ADAPT COCOS BONUS PLAN Barclays has been forced to adapt its plans to pay bonuses for staff with a new financial instrument that has been hailed by regulators as a key tool for rebuilding the capital strength of banks. Bob Diamond, the UK bank’s new chief executive, had hoped to [...]