Outcast Deco issues an ultimatum to Ancelotti but Cole set to pen new deal July 9, 2009 OUT-OF-FAVOUR Chelsea midfielder Deco has warned boss Carlo Ancelotti that things must change if he is to stay at Stamford Bridge. The Portugal international has been linked with a move away from the west London club after enduring a disappointing debut season in the Premier League. Playmaker Deco, 32, made just three appearances during Guus [...]
Van Persie tells fans to trust in Arsenal bosses July 9, 2009 ARSENAL striker Robin van Persie has urged disgruntled supporters to keep faith with the Gunners hierarchy. No trophies in four years and a lack of funds for new signings has got some fans worried for the future. Chief executive Ivan Gazidis insists the club can be successful by living within its means, rather than accepting [...]
Hays: City job market first to stabilise July 9, 2009 HAYS, the country’s largest recruitment firm, said yesterday that the job market in the City has begun to stabilise, as institutions look to position themselves for the opportunities an economic recovery will bring. “The only area of stability we’ve seen is in the City of London,” said the firm’s finance director Paul Venables, defining stability [...]
Primark growth accelerates July 9, 2009 DISCOUNT fashion retailer Primark saw its third-quarter growth accelerate, helped by good weather and the attraction of its low prices in a downturn, but its owner Associated British Foods held to its flat year earnings forecast. The 190-strong stores division reported its sales rose 21 per cent in the 16-week quarter to 20 June, and [...]
Distressed firms depart Aim in growing numbers July 9, 2009 THE NUMBER of Aim-listed companies that have delisted due to financial distress and insolvency soared by 183 per cent in the quarter ending 30 June, according to figures released yesterday. City law firm Trowers & Hamlins and accountancy group UHY Hacker Young published the research, which showed that 34 companies delisted due to financial problems [...]
Jones puts his house in order as loan row grows July 9, 2009 Embattled JJB executive chairman Sir David Jones has put his main home on the market, in the midst of a storm over a £1.5m loan from Sports Direct owner Mike Ashley. It was revealed yesterday that Jones has been trying to sell his seven bedroomed home in West Yorkshire for three months. The property features [...]
GPE to head back into market July 9, 2009 Central London office landlord Great Portland Estates is on the cusp of returning to Britain’s bombed-out property market, despite concerns that unstable economic conditions will persist for months to come. Chairman Martin Scicluna said the company had seen an uptick in “attractively priced acquisition opportunities” in the last two months and was engaged in early [...]
PLUS volumes leap in first half July 9, 2009 Independent stock exchange PLUS Markets said yesterday that the number of shares traded on its platform in the first half of 2009 grew to £36bn, a 217 per cent rise on the same period in 2008. The group said that, by trade value, it traded £29.93bn of shares during the period, up 76.9 per cent [...]
France rebuffs EDF tariff calls July 9, 2009 French economy minister Christine Lagarde yesterday rebuffed calls by EDF chief executive Pierre Gadonneix for a 20 per cent increase in French state-set electricity tariffs. “The government is absolutely not bound to the assessment made by Gadonneix. This is an issue that (industry minister) Christian Estrosi and I will review later,” Lagarde said.
Wimbledon project fills coffers July 9, 2009 Galliford Try, the company which built the roof for Wimbledon’s Centre Court and last month announced the £54m West Kent College project, has released reports for the year ending 30 June. The construction and housebuilding company finished the year with around £35m in cash, up from a £2m debt last year.
