SPORT | IN BRIEF April 18, 2010 Wolves face Giants again RUGBY LEAGUE: Holders Warrington will take on Huddersfield in a fifth round re-run of last year’s Challenge Cup final. The Wolves overcame first division Featherstone 48-24, while the Giants claimed an impressive 40-12 victory over fellow Super League side Hull KR. Full draw: Barrow v Hunslet, Crusaders v Catalans, Dewsbury/Bradford v [...]
WINNERS & LOSERS April 18, 2010 A WEEKEND is a long time in sport, as this lot will attest. But while for some it was a few days to remember, others may wish they had never set foot out of the house. MANCHESTER UTD Could it have gone any better? Paul Scholes’ injury-time goal gave Sir Alex Ferguson’s men victory in the [...]
Work underway to re-lay Wembley for the 11th time April 18, 2010 WORK on Wembley Stadium’s 11th new pitch began yesterday. The much-maligned surface came under criticism after last week’s FA Cup semi-finals, before then hosting the Premiership rugby union match between Saracens and Harlequins on Saturday. Wembley chiefs are preparing the stadium for a number of end-of-season games this month, including the FA Cup final between Chelsea [...]
Bank of America back in the black April 16, 2010 BANK of America has posted better than expected net earnings of $2.8bn (£1.8bn) in the first quarter of 2010. The largest US bank returned to profit after losing $194m in the fourth quarter. However, the profit is 24 per cent lower than for the same period a year ago. The bank said record sales and [...]
Thomas Cook dips into the bonds market April 16, 2010 TRAVEL firm Thomas Cook has raised £650m through new sterling and euro bond issues. The company issued two bonds – a £300m seven-year bond paying 7.75 per cent interest, and a £350m five-year version paying 6.75 per cent. In the past the company, Europe’s second largest agent, has relied on bank loans. The bonds will [...]
Liverpool FC up for sale under Broughton April 16, 2010 BRITISH Airways’ head Martin Broughton has been appointed as the new chairman at Liverpool FC, as the club’s owners confirmed that it is up for sale. He will help owners Tom Hicks and George Gillett find buyers for the club at the right price. Meanwhile Barclays Capital has been retained by the Americans to lead [...]
British Land closes £29m West End offices deal April 16, 2010 BRITISH Land has sealed a £29m deal for a West End development site. The 93,000 square-foot property in Baker Street was bought from Irish developer McAleer & Rushe. It will be developed as a mixed office and retail scheme which has already been given planning permission. The company said it was confident that the market [...]
Tobacco ‘price fixers’ hit with £225m fine April 16, 2010 BRITAIN’S largest two tobacco manufacturers and ten retail groups have been fined a total of £225m by the Office of Fair Trading (OFT). Imperial Tobacco and Gallaher as well as the stores – including Asda and the Co-op – were hit with fines after a seven-year investigation into price fixing. The tobacco companies agreed to [...]
Hargreaves Lansdown reports record quarter April 16, 2010 FUND manager Hargreaves Lansdown said it has had its best quarter ever with a flood of new clients. Total assets under administration surged by 12.8 per cent to £17.6bn in the third quarter. The group said it has maintained a strong cash and balance sheet position, free from debt and with a high level of [...]
Clegg wins debate April 15, 2010 NICK Clegg was last night crowned as winner of the first televised leaders’ debate in British history. According to instant national opinion polls, the Liberal Democrat leader won the public round with an impassioned appeal for a new kind of politics in the wake of the expenses crisis. Gordon Brown, who adopted a more combative [...]