Justin’s relishing a St Andrews return after PGA triumph July 5, 2010 JUSTIN ROSE says he is relishing next week’s Open Championship at St Andrews after his US success at the weekend. The Florida-based Englishman only booked his place in the showpiece event at the Home of Golf after his triumph at the AT&T National – his second PGA Tour victory in four weeks. Rose rocketed to [...]
SPORT | IN BRIEF July 5, 2010 Armstrong fall sparks protest CYCLING: Seven-time champion Lance Armstrong was among a number of high-profile riders to fall in a dramatic second stage of the Tour de France. Armstrong tumbled along with last year’s top two riders, Alberto Contador and Andy Schlek, plus British hope Bradley Wiggins, as the slick Belgian roads from Brussels to [...]
Expert, yes. Tasty, yes. Fun, err… July 5, 2010 Roux at Parliament Square RICS, Parliament Square, SW1P 3AD Tel: 020 7334 3737 Cost per person without wine: £55 THE Royal Institution of Chartered Surveyors (RICS) is perhaps not the sexiest-sounding location for a restaurant. Yet the Victorian building in which Roux at Parliament Square sits is handsome, the location is prime and the people [...]
TASTING NOTES July 5, 2010 FEELING weighed down by picnic and barbeqcue fare??Tired of rich meals that leave you feeling fat and ill? Well, as Heinz Beck, the Rome-based German super-chef has shown, it doesn’t have to be that way. Recently launched at his London outpost, Apsleys:?A Heinz Beck Restaurant at the Lanesborough hotel, is a healthy summer menu. It’s [...]
Services sector growth slows July 5, 2010 THE services sector grew last month at its slowest rate for 10 months, held back by subdued new business and a record monthly drop in confidence, a survey said yesterday. The Markit/CIPS services PMI headline activity index fell for the third time in four months to 54.4 in June from 55.4 in May. That was [...]
BA passenger numbers plummet in June July 5, 2010 BRITISH Airways carried 11.1 per cent fewer passengers in June year-on-year reflecting the impact of strike action by cabin crew. BA, which is engaged in a long-running dispute with cabin crew members over pay and conditions, carried 2.57m passengers last month, down from the 2.93m it flew in June 2009, while its load factor – [...]
Travis Perkins buys BSS for £558m July 5, 2010 BUILDERS merchant Travis Perkins has agreed to buy BSS Group for £557.6m ($845m) to expand its heating and plumbing trade and retail distribution business. Robert Walker, chairman of Travis Perkins said: “We believe that there is a strong strategic rationale for the acquisition of BSS which will create the leading plumbing and heating trade and [...]
Lloyds offloads private equity unit July 5, 2010 Lloyds Banking Group has agreed to sell its private equity unit to buyout firm Coller Capital, bringing sale proceeds in the past year to £750m. Under the deal, the 40 private equity investments held in Lloyds’ Bank of Scotland Integrated Finance unit will be transferred to a newly created joint venture owned 70 per cent [...]
BP oil spill bill hits $3bn July 5, 2010 BP’s bill for the Gulf of Mexico oil spill has hit $3.12bn (£2bn), the company has said. The total includes the cost of containing the spill and cleaning up the oil, and the cost of drilling relief wells. It also includes the $147m paid out in compensation to some of those affected by the spill. [...]
Hedge funds face “trying” year July 5, 2010 HEDGE fund managers are still nervous about world markets and the future of their industry, a new report has found. Seven out of 10 said they expect a “trying” year as the industry faces regulatory oversight and competition picks up with more funds likely chasing investment dollars, according to a survey by accounting and audit [...]