Lies, damn lies and the UK’s statistics July 12, 2010 BRITAIN’S economy shrank even more than previously thought during the recession – that, at least, is what the Office for National Statistics informed us yesterday and what we are therefore expected to believe. The economy is thought to have collapsed 6.4 per cent from peak to trough, a figure that will probably go on being [...]
Capello: Terry made a big mistake June 21, 2010 FABIO CAPELLO late night slammed John Terry’s criticism of England’s World Cup campaign, insisting the former captain had made a “big mistake” in speaking out in public. Less than 48 hours before the crunch Group C decider with Slovenia, Capello moved to underline his authority in the camp after Terry claimed on Sunday that several [...]
New BBC iPlayer ties up with social networks May 26, 2010 THE BBC yesterday launched a new version of its popular iPlayer web video service with prominent links to rivals’ sites, as it waits to see if the new coalition government will limit its funding or powers. The new version of the iPlayer, one of Britain’s top websites, will allow viewers to personalise home pages and [...]
Cineworld in £40m digital investment June 14, 2010 ENTERTAINMENT chain Cineworld announced yesterday it will team up with Arts Alliance Media to install state-of-the-art digital technology in 77 of its cinemas so they can show 3D films.. The full digital rollout is expected to cost around £40m, including the £10m already spent over the last year converting one third of its screens to [...]
WINNERS & LOSERS May 23, 2010 A WEEKEND is a long time in sport, as this lot will attest. But while for some it was a few days to remember, others may wish they had never set foot out of the house. SIMON KHAN Only a brave man would have bet on the Essex man to win the BMW PGA Championship, but in [...]
AgBank set to struggle in IPO plan June 2, 2010 AGRICULTURAL Bank of China may struggle to get the kind of valuation it wants as it gears up to launch the world’s biggest IPO into a market that has slumped by a fifth in just six weeks. China’s market drop is one of several factors prompting potential investors to query whether AgBank, China’s fourth-biggest lender [...]
Sky set to see shareholders June 16, 2010 NICHOLAS Ferguson, the senior independent director of BSkyB, which is facing an outright bid from its largest shareholder News Corporation, has intimated he wants to see some of the larger shareholders in the group to listen to their views about the bid price. Ferguson was travelling yesterday on unrelated business but he will no doubt [...]
Sky set to see shareholders June 16, 2010 NICHOLAS Ferguson, the senior independent director of BSkyB, which is facing an outright bid from its largest shareholder News Corporation, has intimated he wants to see some of the larger shareholders in the group to listen to their views about the bid price. Ferguson was travelling yesterday on unrelated business but he will no doubt [...]
Rogue trader Kerviel called a liar by boss June 9, 2010 ROGUE trader Jerome Kerviel was branded a liar who took “inhuman” risks by a former boss yesterday during a trial over trading losses that brought French bank Societe Generale close to collapse. The bank’s former head of investment banking, Jean-Pierre Mustier, hit back at Kerviel’s claims in court that SocGen tolerated unauthorised trading positions that [...]
Wage outlay is worrying, top clubs told June 7, 2010 PREMIER League clubs have received a stark warning over their spending by one of the leading authorities on the game’s finances. Dan Jones of Deloitte’s Sports Business Group says the proportion of income that clubs are lavishing on wages is “worryingly high” and must be brought under control. The average wages/revenue ratio for teams in [...]