Van Commenee to leave UKA September 11, 2012 ■ ATHLETICS: Charles van Commenee is to step down as head coach of UK Athletics when his contract expires his December. His successor is expected to be announced tomorrow.
Bellew added to Froch undercard September 11, 2012 ■ BOXING: Liverpool light heavyweight Tony Bellew is to be the chief support to Carl Froch’s IBF super middleweight title defence against Yusaf Mack on 17 November.
Cavendish takes second place September 11, 2012 ■ CYCLING: Team Sky’s Mark Cavendish yesterday won stage three of the Tour or Britain and is now second in the overall standings.
China Falters September 11, 2012 ■ Growth forecasts slashed on weak global economy ■ Burberry shares slump on falling Chinese demand ■ Leader-in-waiting goes missing for key meetings ECONOMISTS have slashed China’s GDP growth forecasts as the emerging giant stumbles on the twin pressures of the global economic slump and bad domestic investments. Premier Wen Jiabao was forced to hint [...]
Sir Mervyn’s job set to be advertised September 11, 2012 THREADNEEDLE Street’s top job will be publicly advertised for the first time in history at the end of this week, as the government kicks off its search for the next governor of the Bank of England. Current Bank chief Sir Mervyn King steps down at the end of June 2013, and is not allowed to [...]
Share of UK exports to Eurozone dips to record low September 11, 2012 THE PROPORTION of visible British exports sent to countries that now make up the Eurozone has sunk to its lowest level since records began in 1988, new data revealed yesterday. UK-based companies exported £25.78bn-worth of goods in July, with only £11.24bn heading to the Eurozone. That ratio to euro area countries, 43.6 per cent of [...]
Cable defends his plan for new British business bank September 11, 2012 VINCE Cable yesterday insisted that the government’s proposed business bank will make a difference to small companies, despite fears that it could be little more than a rebranding of existing government lending programmes. Discussions over the format of the bank, which will target firms who cannot access funds from traditional lenders, are ongoing within the [...]
The Eurozone is becoming less important for UK exporters September 11, 2012 ONE of Britain’s biggest problems is that its trade is unbalanced: UK companies still rely too much on European markets, which will be sluggish at the best of times, and insufficiently on emerging markets, which will continue to grow at a very fast rate over the next few years, China’s current slowdown notwithstanding. The crisis [...]
What the other papers say this morning September 11, 2012 FINANCIAL TIMES Kremlin shields Gazprom from EU The Kremlin has moved to shield Gazprom from an EU anti-monopoly investigation in a deepening standoff over gas prices, warning that it will not co-operate with actions deemed to be against its interests. A decree signed yesterday day by Vladimir Putin aims to protect “strategic” companies operating abroad, [...]
UBS informant awarded $104m September 11, 2012 THE WHISTLEBLOWER in a landmark tax-evasion case against UBS has won an eye-watering $104m (£64.7m) reward from the US authorities. Bradley Birkenfeld was freed from prison last month after a court found that he withheld some information, but remains under home confinement in the States. The former UBS banker been awarded a cut of the [...]
