Green & shoots more June 10, 2009 THE British salad is the last part of our home-grown cuisine to reach the level of the rest. We’ve got pies, roasts, pork bellies and mash down pat. Our heritage puddings have come back new and improved (sticky toffee pudding and creme brulee are the best they’ve been in London’s top restaurants now) and our [...]
BAA suffers a traffic slump in downturn June 10, 2009 AIRPORT operator BAA said yesterday its passenger numbers for May had slumped for the 14th month in a row, as 11.8m passengers used its seven airports – down 7.3 per cent from a year ago. Stansted, one of three airports BAA is being forced to sell, was hit hardest, seeing its air traffic slump 18.5 [...]
Berlin backs bad bank plan June 10, 2009 THE GERMAN cabinet yesterday backed a “bad bank” plan for regional banks – known as Landesbanks – that would allow the publicly-owned lenders to offload toxic assets and make consolidation more likely, the finance ministry said. Under a deal brokered by Finance Minister Peer Steinbrueck last week, German state leaders agreed to consolidate the Landesbank [...]
Walsh’s pay rises as BA struggles June 10, 2009 BRITISH AIRWAYS (BA) boss Willie Walsh pocketed a six per cent pay rise last year, it emerged yesterday, despite a dismal year for the UK’s flag carrier. Walsh’s basic salary was £735,000 – up five per cent from £701,000 the previous year. His pension fund was also topped up to £90,000 from £81,000. The news [...]
British trade deficit widens in April despite weaker sterling June 10, 2009 BRITAIN’S trade deficit widened to £7bn in April, up from £6.5bn in March, according to the Office of National Statistics, despite a recent raft of positive data. Economists had been expecting a trade deficit of £6.4bn. The gap in goods and services was £3bn compared with a gap of £2.7bn in March, the data showed. [...]
Workers can accrue holiday when on sick leave, says House of Lords June 10, 2009 EMPLOYEES on long-term sick leave are entitled to take all holiday they have accrued when they return to work, the House of Lords ruled yesterday. If workers were sacked or left a firm, they must receive holiday pay equivalent to the time they were unable to take while ill, the Law Lords added, in a [...]
ZARA SALES SLUMP June 10, 2009 THE parent of high street retailer Zara yesterday posted its sharpest fall in quarterly profits for five years as the recession took its toll. Spanish group Inditex, which owns Zara, reported a 16 per cent fall in net income to €184m (£157m). Inditex said it had experienced a four per cent increase in clothing sales [...]
Fearless Lions maul Sharks to fire stern Test warning June 10, 2009 NATAL SHARKS (3) vs. BRITISH LIONS (39) JUBILANT captain Paul O’Connell hailed his British Lions side for their best performance of the tour so far as they ran in a comfortable five-try victory over a stubborn Sharks side. The tourists led only 7-3 after a watertight opening half but turned on the style in the [...]
Nadal will beat injury in time for Wimbledon, says Henman June 10, 2009 FORMER British No1 Tim Henman expects defending champion Rafael Nadal to win his battle against knee injury in time for Wimbledon. Nadal has just 11 days to recover from tendonitis in both kneecaps before he is due to begin his campaign at SW19. The problem forced him to pull out of this week’s Aegon Championships [...]
Smith declares an end to his feud with Pietersen June 10, 2009 SOUTH AFRICA captain Graeme Smith insists his rift with England batsman Kevin Pietersen is a thing of the past as the two nations prepare to lock horns in the World Twenty20. Opener Smith has publicly criticised Pietersen in the past, prompting the England ace to brand him an “absolute muppet” in his autobiography. Now, however, [...]
