Houllier urges Villa patience September 21, 2010 ASTON VILLA manager Gerard Houllier has warned fans not to expect an immediate turnaround in fortunes as he prepares for his first match in charge. The former Liverpool boss hosts Blackburn in the third round, having been appointed Martin O’Neill’s permanent successor earlier this month. “It will take time,” he said. “You come with philosophies [...]
Birmingham council looks to sell assets September 21, 2010 BIRMINGHAM council leaders are in talks with Middle East sovereign funds, hoping to plug a budget hole by selling a number of trophy assets owned by the city. The council is looking for ways to fund big capital projects at a time when the coalition government is demanding deep spending cuts. Town halls around the [...]
Tube unions to meet with LU to avert strikes September 21, 2010 TUBE union bosses are meeting London Underground (LU) management this morning with hopes of putting a bitter dispute over job cuts and the possibility of another set of strikes behind them. RMT and the Transport Salaried Staffs’ Association (TSSA) will meet LU at conciliation service Acas in a bid to halt planned strikes for October [...]
Rents in New Bond Street top euro list September 21, 2010 NEW Bond Street has taken over from the Champs-Elysées as the most expensive shopping location in Europe, according to a survey. Rents also grew faster there over the last year than on any other shopping street in the world. They soared 19.4 per cent to £536 ($836) per square foot over the last 12 months, [...]
JD Sports eyes acquisitions September 21, 2010 Clothing and footwear retailer JD Sports Fashion said it would consider buying distressed brands or companies both in the UK and overseas as it posted a 37 per cent rise in first-half profit. “The financial pressures that certain brands or companies in the sector are suffering provides potential opportunity,” executive chairman Peter Cowgill said. Italy, [...]
Experian buys US peer Mighty Net for $208m September 21, 2010 BRITISH credit information company Experian has bought US peer Mighty Net for $207.5m (£133m), in a deal which Experian said would consolidate its market leading position in the United States. Mighty Net, which was founded in 1996, provides online services to US consumers interested in managing their credit behaviour. As of 30 June 2010, Mighty [...]
India is in Blackberry email talks September 21, 2010 INDIA is in talks with Research In Motion (RIM) to gain access to BlackBerry corporate e-mails after securing access to instant messages sent via the devices, a senior government source said yesterday. India, which along with several other countries has expressed concerns that BlackBerry services could be used to stir political or social instability, had [...]
Baltic Exchange presses ahead with a plan for a central derivatives screen September 21, 2010 THE Baltic Exchange is pressing ahead with launching a central screen as soon as it can to trade dry bulk freight derivatives despite broker worries over current proposals and a potential challenge from a separate platform. In May the Baltic Exchange said it had applied for multilateral trading facility (MTF) status with the UK’s Financial [...]
Serious Fraud Office to widen Weavering probe September 21, 2010 THE Serious Fraud Office (SFO) has widened its long-running investigation into hedge fund Weavering Capital, drawing in Swedish investigators and overseas creditors, said a source familiar with the matter. The SFO, which launched its probe last year into Weavering’s use of interest rate swaps and last May made two arrests, has met with Sweden’s economic [...]
Asda unveils £100m brand make-over September 21, 2010 THE unveiling of Asda’s Chosen By You range saw chief executive Andy Clarke take centre stage as he claimed the £100m project would be “game changing” because it was the first time a supermarket had put so much time and money into updating its mid-range products. More than 40,000 consumers across the UK took part [...]
