What the other papers say this morning – 27 March 2014 March 26, 2014 FINANCIAL TIMES Tories eye migration sleight of hand Theresa May is proposing to cut net migration by more than 19,000 ahead of the next general election in a statistical sleight of hand that would shorten visas for foreign employees by as little as one day in a bid to avoid designating them as migrants. The [...]
What the other papers say this morning – 27 February 2014 February 26, 2014 FINANCIAL TIMES Hester to shore up RSA with £1.5bn Stephen Hester is finalising plans to shore up RSA’s balance sheet by as much as £1.5bn with one of the biggest equity raisings by a UK insurer, said people with knowledge of the matter. The former Royal Bank of Scotland chief, drafted in to run RSA [...]
Rafael Nadal’s French Open win: How does the King of Clay rate among the greats? June 9, 2014 It may have come a few days after one Spanish monarch announced his abdication, but Rafael Nadal was in no mood to relinquish his crown as the King of Clay yesterday. The world number one came back from a set down to beat Novak Djokovic in four sets to claim his fifth consecutive French Open [...]
Legal threat jeopardises Indian Grand Prix October 24, 2013 INDIAN Grand Prix organisers are confident this weekend’s potential world championship decider will go ahead despite a tax row plunging the race into doubt just hours before the first practice session. The country’s supreme court yesterday agreed to hear a petition today arguing that the Formula One race should be called off because organisers owe [...]
Court orders finance boss release October 17, 2013 Italy’s Supreme Court ordered the immediate release from house arrest of former Banca Monte Paschi di Siena finance chief Gianluca Baldassari, one of his lawyers said yesterday. The former head of finance at the scandal-plagued bank is accused along with two other former executives of concealing Monte Paschi’s losses from lending regulator the Bank of [...]
Government workfare scheme to continue despite legal challenge October 30, 2013 THE GOVERNMENT yesterday lost a legal challenge to a controversial scheme that required jobseekers to work for free or risk losing their benefits – but insisted that the scheme will continue. Judges at the Supreme Court ruled that the back to work scheme was legally flawed because jobseekers were not given enough information. Geology graduate Cait Reilly [...]
Berlusconi’s firm to pay £450m for damages from Mondadori purchase September 17, 2013 Former Italian Prime Minister Silvio Berlusconi's holding firm – Fininvest – has been ordered to pay damages of €540m (£453m) as a result of the purchase of publisher Mondadori. Fininvest holdings include football club A.C. Milan, insurance and banking company Mediolanum, and Italian film production company Medusa. The ruling by Italy's top appeals court follows [...]
Berlusconi firm faces massive fine after losing court battle September 17, 2013 THE FAMILY holding company of former Italian Prime Minister Silvio Berlusconi was ordered yesterday to pay €494m (£415m) in damages stemming from the purchase of publisher Mondadori. The final ruling by Italy’s top appeals court was a fresh blow to Berlusconi, 76, already reeling from a supreme court verdict which confirmed a four-year jail sentence [...]
Aaron Swartz: Reddit founder and internet’s own boy in new documentary August 27, 2014 "He was the internet’s own boy and the old world killed him”. This eloquent epitaph is provided by journalist Quinn Norton, an ex-girlfriend of Aaron Swartz and one of many who talk tearfully of Swartz in a documentary, The Internet’s Own Boy, released this weekend. Swartz was indeed the internet’s boy but it was his [...]
HS2 bill begins its long route to the starting line November 25, 2013 THE GOVERNMENT kicked off years of parliamentary jostling over the High Speed 2 project yesterday by publishing the law needed to start building work. The hybrid bill was hailed as a major step forward by supporters and a vanity project by campaigners attempting to block the scheme. The bill sets out street by street the [...]