Hodgson pleased with Comolli’s arrival November 3, 2010 LIVERPOOL manager Roy Hodgson has welcomed the appointment of Damien Comolli as the club’s new director of football strategy. The former Tottenham sporting director, who sanctioned the signing of Gareth Bale during his time at White Hart Lane, arrives from St Etienne and has been given the remit of changing the Reds’ transfer policy. Comolli, [...]
Tensions rise on EU treaty… October 27, 2010 THE EU was yesterday struggling to ensure Franco-German tensions did not threaten a major summit deal Member states were trying to thrash out changes to the EU treaty to strengthen the bloc’s budget rules to avert new sovereign debt crises. EU leaders are expected to approve proposals by a task force of finance ministers to [...]
Duncan Smith unveils shake up of welfare November 11, 2010 BRITAIN’S?welfare system is to undergo the most dramatic shake-up since its inception in 1942, after the government unveiled plans to crack down on the workshy and make sure that everyone is always better off in a job. The plans are designed to simplify the complex web of benefits to reduce errors, fraud and inefficiencies, and [...]
EUROPE GETS ANOTHER SCROOGE: OSBORNE NOW JOINED BY MERKEL December 20, 2010 LAST time The Capitalist reported on the activities of Evolution Securities’ head of fixed income Gary Jenkins, he was fantasising about taking over ratings agencies and hiring Natalie Portman as his PA. He has been putting his wild imagination to other productive uses recently, it seems, churning out a re-imagining of Charles Dickens’ A Christmas [...]
Victims to have more power over police October 5, 2010 HOME secretary Theresa May will tell police to take anti-social behaviour more seriously or face official sanctions. She says the coalition will give victims and communities the right to force the authorities to take action. She will also urge officers to treat offences like vandalism and intimidation as crimes rather than lower-level anti-social behaviour. Speaking [...]
WHAT HAPPENS NEXT? CITY AM EXPLAINS October 19, 2010 Q.When will rooney leave united? A.His contract expires in summer 2012 but his value will depreciate steadily until then, meaning United’s best chance of getting a big fee will be in January. In theory he could buy out his contract then for £7m, using the Webster ruling, but Europe’s top clubs have agreed not to [...]
Snow chaos is turning UK into a joke December 2, 2010 BRITAIN’S humiliating inability to cope with winter conditions is becoming almost unbearable. Heavy snowfall is not a freak event. It now happens every year – and yet the authorities and transport companies appear utterly unable to learn any meaningful lesson from the annual debacle that is the onset of snow and bad weather. It is [...]
Jailed Kerviel is crushed October 6, 2010 CONVICTED?fraudster Jerome Kerviel said yesterday he was “crushed” by his jail term for running up trading losses of €4.9bn (£4.3bn). In his first interview since he was handed a five year sentence, with two suspended, he said: “I’m starting to digest it, but I’m nonetheless crushed by the weight of the sanction and the weight [...]
Two dangers to look out for in 2011 November 30, 2010 AS readers know, I am relatively sanguine about the outlook for the global and UK economies next year. But this doesn’t mean that I’m blind to the risks facing the recovery. Two in particular worry me. The first is the possibility of a break-up of the euro. Arturo de Frias at Evolution Securities has crunched [...]
Tenon hit with FSA sanctions February 25, 2010 THE Financial Services Authority (FSA) yesterday handed out its first fine in connection with investments backed by the collapsed Lehman Brothers bank after carrying out a review of the structured products market. The City watchdog fined accounting firm RSM Tenon £700,000 on charges that it failed to “treat some of its customers fairly” between November [...]