Henry to face handball inquiry January 17, 2010 FOOTBALL: France striker Thierry Henry will today face world governing body Fifa over his infamous handball which helped deny the Republic of Ireland a place at the World Cup. The incident, which set up William Gallas’ decisive goal in November’s play-off, sparked global outcry. But Henry could escape sanctions as Fifa’s disciplinary code only allows [...]
Rickie’s return just misses the mark April 15, 2010 Film CEMETERY JUNCTION Cert: 15 HAVING proved he can make it in Hollywood, Ricky Gervais has brought a whole load of Tinseltown gloss back with him for this tale of small-town kids in the Seventies. Written and directed by Gervais and old mucker Stephen Merchant, the film is polished, conventional and formulaic to the degree [...]
SHOULD THE MPC PAY ATTENTION TO THE STRONG UPTREND IN UK INFLATION ? January 17, 2010 MICHAEL SAUNDERS | CITIGROUP I doubt the MPC will totally dismiss the inflation upsurge because of the risk that its anti-inflation credibility continues to erode. Outside recession, an inflation targeting central bank cannot credibly ignore such large and repeated upside surprises in inflation data. PHILIP SHAW | INVESTEC We do not envisage significant concerns here, [...]
C Suisse to pay £329m fine to US December 15, 2009 CREDIT Suisse shocked the financial markets last night after it revealed it expected to pay US authorities a hefty $536m (£329m) following a probe into its financial dealings with Iran. The Swiss bank said the settlement would likely result in a SFr445m charge this quarter, or a net impact of SFr360m after tax. Manhattan District [...]
BA crew deny Easter strike January 20, 2010 British Airways cabin crew yesterday ruled out striking over Easter if a union ballot on industrial action sanctions a walkout, as expected. The Unite union is locked in a dispute with the airline’s management over crew levels and working conditions. It said it was “never the intention of Unite and its BA cabin crew membership [...]
Iceland keen to scrap UK payment deal January 3, 2010 But public bodies including police forces, charities and local councils were not protected. The government agreed to pay the money back after months of tortuous negotiations but the bill has not yet been signed into law by the President. Icelanders are furious that they will be repaying the loan for at least 15 years but [...]
…AS RBS HIT BY TREASURY BONUS CAPS December 2, 2009 ROYAL Bank of Scotland’s board was on a collision course with the Treasury last night after the government threatened to veto the bank’s plans to pay up to £1.5bn in bonuses to its investment bankers. Stephen Hester, the bank’s chief executive, and the rest of the RBS board are said to be prepared to resign [...]
FIA’s ban on Briatore was illegal, says high court January 5, 2010 MOTORSPORT chiefs were bracing themselves for another legal battle last night after their decision to hand former Renault Formula One boss Flavio Briatore a lifetime ban was deemed illegal by a French court. The Italian was banned by the sport’s governing body, the FIA, in October for his part in Nelson Piquet Jnr’s deliberate crash [...]
WHAT THE OTHER PAPERS SAY THIS MORNING January 27, 2010 FINANCIAL TIMES TWITTER WORKS ON TECHNOLOGY TO EVADE CENSORS Twitter, the internet social network, is developing technology it hopes will prevent the Chinese and Iranian governments being able to censor its users. Evan Williams, the chief executive and co-founder of Twitter, which has been credited with helping anti-government protesters in Iran to organise resistance, said [...]
Treasury pays 107m in fees December 3, 2009 THE Treasury expects to have spent £107m by April 2010 on legal and financial advisers to sort out the banking crisis, a report from the National Audit Office revealed today. The legal firm Slaughter and May tops a table of fees paid for services with a bill of £32.9m, followed by Credit Suisse with £15.4m. [...]