Builders set for mega loss on portfolios September 8, 2008 Homebuilders Barratt and Redrow are expected to report a £300m loss on their portfolios later this week. Barratt chief executive Mark Clare will announce they had to write £160m off the value of their land bank and work in progress. Despite Barratt boosting its shares earlier in the summer when refinancing debts and covenants, shares [...]
Hammers’ ultimatum for Croatia boss Bilic September 8, 2008 West Ham have warned Croatia coach Slaven Bilic that they will not hold the manager’s job open for the former Hammers player. Bilic features on a four-man shortlist to replace Alan Curbishley, along with Italians Roberto Donadoni and Gianfranco Zola and former Getafe boss Michael Laudrup. Hammers officials plan to hold talks with Bilic later [...]
Murray into first Grand Slam final September 8, 2008 British No1 Andy Murray will tonight compete in the first Grand Slam final of his short career after he produced another scintillating performance to dump world No1 Rafael Nadal out of the US Open. Murray continued his extraordinary progress at Flushing Meadow by completing a 6-2, 7-6, 4-6, 6-4 victory over Nadal, ending the Spaniard’s [...]
Terry: We’re not looking for revenge September 8, 2008 England captain John Terry has insisted that his team will put the past behind them when they face Croatia in Wednesday’s World Cup qualifier in Zagreb. England, who beat Andorra 2-0 on Saturday, suffered two defeats at the hands of Croatia in the Euro 2008 qualifiers and consequently failed to progress to the championships. But [...]
Recession fears force cost-cutting September 8, 2008 Businesses are desperately cutting costs and reducing the size of their workforce due to fears of an impending recession, a survey found yesterday. Eighty-four per cent of businesses taking part in the study, which was carried out for accountants MacIntyre Hudson, said they thought there was a significant deterioration in the overall economic climate for [...]
Renewables fund raises £57m equity September 8, 2008 One of Europe’s largest green venture capital funds is to be raised by London-based WHEB Ventures, it will today be announced. Some of Britain’s most prominent business families, including Lord (Jacob) Rothschild of the banking dynasty and Simon Robertson, Rolls Royce chairman and former head of Goldman Sachs Europe, have already invested in the Cleantech [...]
Richard Fahey sprinter deserves Utmost Respect September 5, 2008 Even though protective covers have been laid out all over the track since last Saturday, the ground at Haydock tomorrow will still be really testing. Don’t for one minute that when the officials remove all the sheets, they are going to reveal a decent surface. The ground was already bottomless when they laid out the [...]
England to be low scorers against Andorra September 5, 2008 England are a best priced 1/50 with Ladbrokes to see off a side ranked 186th in the FIFA World rankings. Incidentally, the “hosts” can be backed at a massive 80/1 with Boylesports to win the game and the draw is a top priced 30/1 with Betdaq. Andorra have avoided defeat in only three of their [...]
Why equities have further to fall before they eventually recover September 5, 2008 Despite a strong August, investors must remain very cautious, warns Abigail Townsend For the City’s dwindling band of optimists, August was a surprisingly good month. After hefty falls for most of the summer, the FTSE 100 rallied from lows of below 5,100 in early July to close at 5,362 yesterday, a 5.14 per cent gain [...]
Brown needs to improve or quit, says former Home Secretary Clarke September 5, 2008 Prime Minister Gordon Brown should stand down as party leader if he cannot improve his government’s performance in the coming months, former Home Secretary Charles Clarke said yesterday. Clarke said Labour was heading for “disaster” at the next election if it did not change course. In a rare outbreak of dissent within the party, Clarke [...]
