Losses almost wiped out at Regal April 26, 2010 Regal Petroleum, the Ukraine-focused oil and gas explorer, said yesterday it had wiped 86 per cent off its pre-tax loss after selling more gas to the domestic Ukrainian market. Regal posted a $6.83m (£4.42m) pre-tax loss for the year to December 2009, down from a $48.74m loss in 2008, on revenues 74 per cent higher [...]
Pity these fools – The A-team flops July 29, 2010 Film THE A-TEAM Cert: 12A Rhys Griffiths A quarter of a century years after the finale of the TV show, the A-Team blunders its way into the twenty-first century – and what should be a film providing two hours of nostalgic, action-packed fun falls short of even the simplest of tasks. Instead it’s lengthy and [...]
Johnson in Wallaby warning May 11, 2010 DEFIANT Martin Johnson last night fired a warning to Australia, insisting his England side to tour Down Under this summer is the strongest since he lifted the World Cup on their shores in 2003. Team manager Johnson has selected no fewer than nine uncapped players in a strong 44-man squad as he prepares for the [...]
Wembley ‘big incentive for London clubs’ August 26, 2010 ARSENAL chief executive Ivan Gazidis believes a Wembley final will provide extra motivation for London clubs to go all the way in the Champions League after British sides learned their fates yesterday. Newcomers Tottenham got the plum draw they hoped for with a group that includes last season’s winners Inter Milan, while Chelsea and the [...]
Intesa’s Fideuram listing to be delayed May 13, 2010 ITALY’S Intesa Sanpaolo is understood to be preparing to delay listing its Banca Fideuram asset manager until after the summer, potentially slowing the bank’s plans to boost capital. It is expected to wait for better market conditions to list Fideuram, Italy’s market-leading asset manager. A spokesman for the bank said work on the initial public [...]
M&B asks Panel for help with its rebels November 30, 2009 THE scale of the turmoil at Mitchells & Butlers became clear yesterday after the pubs group asked the City takeover watchdog to decide whether rebel shareholders were attempting to seize control of its board. M&B called on the Takeover Panel after Bahamas-based billionaire Joe Lewis, who controls 23 per cent of the group, blocked the [...]
How to pull off a last-minute holiday body August 2, 2010 NUTRITION IT MAY be tempting, but crash dieting isn’t to be recommended. Any nutritionist worth their salt will tell you how, at best, it may give you the impression of quick weight loss but you’ll feel awful, put the weight back on quickly, mess with your metabolism and risk doing more serious damage. But there [...]
ITV’s Norman blocked from M&B by Lewis November 29, 2009 JOE LEWIS, the Tottenham Hotspur owner and billionaire currency trader, has blocked Archie Norman from being appointed as Mitchell & Butlers chairman. Norman, who hit the headlines earlier this month when he was nominated as ITV’s new chairman, had been in talks to head up the £1bn pub group, which owns the All Bar One [...]
Bradford & Bingley in £196m loss March 19, 2010 BRADFORD & Bingley has said that its pre-tax £196m losses last year were much lower than the targets agreed with Government. The former building society’s was nationalized in September 2008, after which Santander bought B&B’s £20bn savings business for £612m. That left the taxpayer owning a £42bn mortgage book. Managing director Richard Banks said: “We [...]
Cutting spending through the ages March 28, 2011 BEWARE, dear reader: this is a trick question. Which Chancellor of the Exchequer cut spending the most in a single year? Was it George Osborne in his Budget last week, which if this weekend’s protesters are to be believed is pushing through the most “reckless” reductions imaginable? Or was it the great Tory chancellor Nigel [...]