Tuesday, 9th February 2010
HECTOR Sants has resigned as the head of the Financial Services Authority (FSA) in a move that throws the future of financial regulation into doubt.
Sants had been a major figure in the massive...
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Tuesday, 9th February 2010HAPPY days for John Thain, the former Merrill Lynch chief executive who demonstrated yesterday that not only has he managed to stage an impressive comeback on Wall Street, but has actually learnt a... [Read more]
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Tuesday, 9th February 2010AS a 16-year-old, braces seemed preposterous enough. If I didn’t have shame about my smile before, I certainly did when sporting train-tracks of metal, elastics flashing with every word I spoke. As... [Read more]
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Tuesday, 9th February 2010OLYMPIC silver medallist Shelley Rudman has vowed to keep her friends close and her enemies even closer in a bid to ruin home favourite Melissa Hollingsworth’s Vancouver Games dream. Britain’s 28-... [Read more]
International Power (IPR)
MPs’ expenses – more to come, says whistleblower. EXCLUSIVE
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- BSKYB last night sold the majority of its controversial stake in ITV after a long-running legal battle. The pay-TV group had been ordered to reduce its shareholding in ITV from 17.9 per cent to 7.5... [Read more]
- HERE’S something to take England manager Fabio Capello’s mind off John Terry’s alleged misdemeanours. Countries hosting the World Cup enjoy a boost to economic growth and stockmarket performance not... [Read more]
- HISTORY is repeating itself – and much more quickly than we seem to realise. The consensus view appears to be that Portugal, Italy, Greece and Spain – the PIGS – will by hook or by crook be given a... [Read more]
- Polling firm YouGov said its profitability would improve in its second-half results in April as it outlined plans to produce a political poll of 1,000 people every day in the run-up to the general... [Read more]
- SANTANDER may use capital raised from the mooted £15bn float of its UK operations to repair heavy losses on its loan book, analysts said yesterday. The Iberian lender is considering freeing up around... [Read more]
- Private equity house Montagu has hired Morgan Stanley to plan a flotation of BSN Medical, which could value the German bandages maker at as much as €2bn (£1.75m). Montagu had put BSN up for sale 18... [Read more]
- Michael Spencer, Tory party fundraiser and chief executive of interdealer broker ICAP, hit out at criticism of his sale of £45m worth of shares shortly before the firm issued a profits warning. ICAP... [Read more]
- THE UK high street shuddered last month as retailers suffered their worst January in 15 years due to snow and a lack of consumer confidence, the British Retail Consortium (BRC) will say today.... [Read more]
- HERITAGE Oil yesterday said it expects to receive approval from the Ugandan government for the $1.5bn (£960m) sale of its lucrative oil fields in the country to FTSE 100 oil explorer Tullow Oil. “... [Read more]
- LONDON is leading the UK out of recession, new economic data has suggested. The Purchasing Managers Index (PMI) shows that the capital was the strongest performer last month. The index for London,... [Read more]
- The Bank of England needs to extend its £300bn support package to lenders or risk intensifying the drought in credit, according to the Council of Mortgage Lenders. The CML warned the cost of... [Read more]
- THE Tories yesterday accused Alistair Darling’s special advisers of using neutral civil servants to help mount party political attacks. Memos released under the Freedom of Information Act show that... [Read more]
- First Property Group, the Aim-listed property firm led by chief executive Ben Habib, launched a £106m commercial real estate fund yesterday. It is the first time the business has invested in the UK... [Read more]
- THE UK arm of Icelandic retail investor Baugur has finally gone into voluntary liquidation, offering a glimmer of hope to its creditors and former employees. PricewaterhouseCoopers, which has looked... [Read more]
