Punters lose £3m on Saint Nick June 1, 2010 RACING: Bookmakers estimate that punters may have lost up to £3m in early wagers after long-time favourite St Nicholas Abbey pulled out of the Epsom Derby with a “slight muscle injury”. The Aidan O’Brien-trained colt failed to impress jockey Johnny Murtagh in a workout on Friday where it was found he was suffering from a [...]
Widdop gets shock England call June 1, 2010 RUGBY LEAGUE: Melbourne Storm full-back Gareth Widdop is the surprise inclusion in England’s 19-man squad for the international against France on 12 June. Widdop, 21, was born in Halifax but emigrated to Australia when he was 16. He is one of three uncapped players in Steve McNamara’s squad and is preferred to Hull KR’s Shaun [...]
Williams out for Wales Tests June 1, 2010 RUGBY UNION: Shane Williams has been ruled out of Wales’ Tests against South Africa and New Zealand with a shoulder injury. The absence of the Ospreys winger, who is Wales’ record try-scorer with 51 to his name, gives Leigh Halfpenny his chance in Saturday’s clash with the Springboks at the Millennium Stadium. James Hook has [...]
Red Bull pair look to move on June 1, 2010 FORMULA ONE: Mark Webber is set to hold clear-the-air talks with Red Bull team-mate Sebastian Vettel following their collision at the Turkish Grand Prix on Sunday. A feud between the pair erupted after Vettel spun out attempting to pass race leader Webber in Istanbul, allowing rivals McLaren to claim a one-two. “We’re both adults and [...]
House prices rise again June 1, 2010 HOUSE prices in England and Wales rose 0.2 per cent on the month in April, according to figures from the Land Registry. The government agency said that left the average price of a home at £165,596. The annual rate of house price inflation stands at 8.5 per cent. Prices have been rising fastest in London [...]
Eurozone unemployment tops 10 per cent June 1, 2010 THE eurozone jobless rate has surged to a near 12-year high of 10.1 per cent in April. There was a rising number of people without work in Spain, Portugal and Italy. Analysts noted that this was the smallest monthly rise since last November. Howard Archer of IHS Global Insight said: “We remain doubtful that the [...]
Weak pound fuels robust exports June 1, 2010 THE weak pound boosted exports with May another positive month for manufacturers. Demand for British goods is on the rise despite the tough economic climate. The Chartered Institute of purchasing and Supply (CIPS) said its index of activity, carried out by Markit, was stable at 58 in May. Under the data anything about 50 represents [...]
Gartmore’s Rambourg faces fresh FSA probe June 1, 2010 THE Financial Services Authority (FSA) is to launch its own probe into Gartmore star fund manager Guillaume Rambourg, sparking fresh uncertainty over his long-term future at the fund firm. The investigation comes just a month after Rambourg returned to the firm as an analyst following an internal probe that found he had breached internal regulations [...]
AIG rejects new Pru offer June 1, 2010 AMERICAN International Group has rejected Prudential’s move to lower the price its is offering for the company’s Asian arm AIA. The snub threatens to derail the industry’s largest ever transaction. Prudential said in a statement it had proposed to cut the deal’s value to $30.38bn (£20.9bn) – offering $23bn in cash and about 2.16bn new [...]
Ryanair to pay dividend after £289m profit June 1, 2010 RYANAIR has reported pre-tax profits of €341m (£289m) for the year to March – and announced a one-off dividend to shareholders. Passenger numbers were up 14 per cent on last year while revenue jumped two per cent. investors will share a dividend pot of €500m on the strength of the results. The profit represents an [...]
