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      Bank of England’s Lombardelli warns youth unemployment crisis could leave ‘lasting scars’

      Bank of England officials Sarah Breeden and Andrew Bailey at a press conference with Bank of England on the blue backdrop.

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      Fall in love at City AM’s London Watch Week – The City Edition

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Sport

  • Wasps: from the brink of extinction to biggest in Europe

    March 2, 2015

    Exclusive: rugby’s sleeping giants may have struck gold but want to keep the salary cap, their new chief excutive ANYONE in rugby who predicted, during the bleakest moments of Wasps’ flirtation with insolvency in 2012, that the club were set to be transformed into the biggest earners in the European game would have been suspected [...]

  • England winger Johnson bailed after sex arrest

    March 2, 2015

    ENGLAND international winger Adam Johnson has been suspended by club side Sunderland following his arrest on suspicion of sexual activity with a 15-year-old girl. Johnson, 27, was questioned by police but last night bailed after being taken into custody when three unmarked police cars arrived at his £1.85m mansion yesterday morning. “A 27-year-old man was [...]

  • Harrington ends seven-year trophy hiatus

    March 2, 2015

    THREE-TIME Major winner Padraig Harrington believes he has rediscovered the magic formula after conjuring play-off victory to end his seven-year wait for silverware at the Honda Classic in Florida yesterday. Harrington secured a first PGA Tour title since 2008 by beating US rookie Daniel Berger, as English duo Ian Poulter and Paul Casey finished one [...]

  • England bosses cannot lead KP on, says Boycott

    March 2, 2015

    FORMER England captain Geoffrey Boycott believes it would be grossly irresponsible for cricket bosses to dangle the prospect of an international renaissance in front of maverick batsman Kevin Pietersen if a recall was not a realistic possibility. Pietersen was given renewed hope of a comeback on Sunday when new England and Wales Cricket Board (ECB) [...]

  • Football chiefs bid to resurrect Team GB sides for Rio Olympics

    March 2, 2015

    English football bosses have confirmed their plan to enter men’s and women’s Great Britain teams into the 2016 Olympic Games in Rio de Janeiro. The Football Association (FA) has reversed its decision to scrap the British men’s side after it was controversially revived at London 2012, making its first appearance at a Games for more [...]

  • Jedinak struck with FA charge

    March 2, 2015

    CRYSTAL Palace skipper Mile Jedinak has been slapped with a charge of violent conduct by the Football Association (FA) after allegedly elbowing West Ham forward Diafra Sakho in Saturday’s 3-1 victory at Upton Park. The FA took retrospective action yesterday after the incident went unseen by the match officials. Jedinak has until 6pm to respond [...]

  • League chiefs query QPR financial recovery

    March 2, 2015

    QUEENS Park Rangers could still face a hefty fine and demotion to the Conference for breaking the Football League’s financial fair play rules despite declaring a huge drop in losses last season. QPR said they lost just £9.8m in 2013-14, an improvement of £55.6m on the previous campaign even though they spent it in the [...]

  • Liverpool out of the red as new TV deal heralds return to profit

    March 2, 2015

    LIVERPOOL overturned a loss of £50m to report a small profit for the first time in seven years last season, the Anfield club said yesterday. The club reported a pre-tax profit of £0.9m in the year to 31 May 2014, compared to losses of £49.8m the previous year, while revenues increased by 19 per cent [...]

  • Police probe fresh allegations of Chelsea fan racism on train

    March 2, 2015

    CHELSEA were last night facing fresh controversy after police launched an investigation into allegations of racist and abusive behaviour by the club’s fans on a train from London Euston to Manchester Piccadilly. British Transport Police were called to meet the train at Stoke-on-Trent shortly after 10.30pm on Sunday and asked four men to leave, while [...]

  • Capital One Cup: Mourinho ready for new era of glory

    March 1, 2015

    AT WEMBLEY STADIUM CHELSEA 2 TOTTENHAM HOTSPUR 0 Chelsea revel in first trophy of manager’s second stint as they close in on league CHELSEA boss Jose Mourinho expects his side’s triumph in the Capital One Cup final against Tottenham to usher in a new trophy-laden era for the club. A deflected strike from skipper John [...]

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