Low-flying Falcons knock boss Bates off his perch May 4, 2010 NEWCASTLE have sacked boss Steve Bates after narrowly avoiding relegation in another disappointing season at Kingston Park. Victory over Sale 12 days ago secured their Premiership status but, with the Falcons lying 10th ahead of Saturday’s final fixture of the campaign, was not enough to save Bates. Bates said: “I’m disappointed at the outcome of [...]
SPORT | IN BRIEF May 4, 2010 Murray back at Queen’s TENNIS: British No1 Andy Murray will defend his Aegon Championships title at Queen’s Club next month. The 22-year-old became the first British player to win the grass court title last year since Bunny Austin in 1938 after beating James Blake in the final. Joining a line-up including Rafael Nadal, Novak Djokovic [...]
Majority of City lawyers support Tories May 4, 2010 HERE’S a thought: if our electorate comprised City lawyers – okay, maybe not that most appealing thought – the Tories would storm to an election win on Thursday. Legal Week magazine recently reckoned that almost two thirds of City partners (63 per cent) were backing Cameron. A survey by DLA Piper of 545 senior UK [...]
Parties ponder future of banking regulation May 4, 2010 PARTNER, FOX WILLIAMS LLP CRITICISM and reform of financial regulation is a political hot topic of debate and a powerful electoral tool. With the fast approaching general election and the narrowing lead in opinion polls between the main political parties, what exactly do Labour, the Conservatives and the Liberal Democrats have in store for financial [...]
Korea Progression May 4, 2010 IF any car proves Korean manufacturer Kia’s star is in the ascendant then it must be its compact car, the Venga. It’s something of an illusion because it’s clear from the moment that you get in it that this is not really a compact car at all, in fact it’s what is known in the [...]
OUT OF OFFICE May 4, 2010 MACBETH AT THE GLOBE The theme for this year’s season at Shakespeare’s Globe is “kings and rogues”, with various monarchs and their rogueish retinues appearing at the outdoor theatre. First up is the most famous and most villainous of the Bard’s kings, Macbeth, with Elliot Cowan getting blood on his hands in the title role [...]
BP shares dive in oil spill fallout May 4, 2010 OIL giant BP has seen saw its shares lose further ground after it admitted the fall out of the major oil spill in the Gulf of Mexico was costing $6m (£3.95m) per day. Its shares tumbled over four per cent as it warned that the battle to get the disaster under control could take three [...]
Manufacturing in fastest growth for 15 years May 4, 2010 BRITISH manufacturing activity grew last month at its fastest rate in more than 15 years, a survey of purchasing managers has shown. The Chartered Institute of Purchasing and Supply/Markit manufacturing PMI rose to 58.0 in April from an upwardly revised 57.3 in March. That was well above the consensus forecast and the highest reading since [...]
UBS profits up as talks over new City office announced May 4, 2010 UBS has reported a big increase in profits after seeing its investment banking business recover from the financial crisis. The bank said it made a profit of 2.2bn Swiss francs (£1.3bn) in the first three months of the year. That compares with a loss of nearly 2bn Swiss francs this time last year, when UBS [...]
Standard Chartered in record quarterly profit May 4, 2010 STANDARD Chartered has reported record first quarter profits – fuelled by a strong wholesale banking and improving consumer banking In wholesale banking, which includes advisory, trade finance and other investment banking business, client income was up over 20 per cent on the first quarter of 2009. The bank, which does not publish full quarterly results, [...]
