Johnson-Thompson tipped for gold May 21, 2014 ATHLETICS: Olympic heptathlon champion Jessica Ennis-Hill has tipped England’s Katarina Johnson-Thompson to win Commonwealth gold this summer. Ennis-Hill won Commonwealth bronze in 2006 but is pregnant and will miss this year’s Games. She said: “I think she [Johnson-Thompson] is going to be a real contender.”
Hibs take stride toward survival May 21, 2014 FOOTBALL: Two goals from Jason Cummings look set to preserve Hibernian’s place in the Scottish Premiership next season, after they beat Division One runners-up Hamilton 2-0 in last night’s play-off first leg.
Lloyds caps mortgages May 20, 2014 LLOYDS Bank yesterday announced a shock clampdown on home lending designed to tackle the London housing boom, saying applications for mortgages worth over £500,000 would now be subject to a new income test. Borrowers will now only be able to get their hands on over half a million pounds from the UK’s biggest mortgage lender [...]
Google takes a bite out of Apple as world’s most valuable brand May 20, 2014 GOOGLE has dethroned Apple as the world’s most valuable brand, as its total value soared to nearly $160bn (£95bn) this year, according to new global research. The online search giant’s rise is due to its booming financial performance – Google’s revenues last quarter grew nearly 20 per cent to $15.42bn – and Apple’s lack of [...]
Osborne: Labour and Ukip will drag UK into decline May 20, 2014 THE CHANCELLOR George Osborne will deliver a stinging attack on Labour and Ukip in a speech later today, warning of job losses, falling wages and price rises if the parties’ anti-business agendas are allowed to win out in 2015. Addressing the Confederation of British Industry, Osborne is expected to take aim at Ed Miliband’s economic [...]
Now that banks are rationing loans, time to scrap Help to Buy May 20, 2014 SO the great crackdown on mortgages has started. With the Bank of England’s monetary policy committee uninterested in hiking interest rates, the only solution to contain house prices, sadly, is to ration credit. In theory, that is the job of the financial policy committee and its new-fangled macroprudential tools; but it has yet to act. [...]
Inflation jumps as later Easter pressures prices May 20, 2014 INFLATION rose in April, according to official statistics released yesterday, as the effect of a late Easter sent air fares spiking upwards. The consumer price index (CPI) ticked upwards to 1.8 per cent last month, from 1.6 per cent in March. A slightly smaller increase had been expected. In the transport portion of the inflation [...]
Ex-Deloitte risk officer banned May 20, 2014 A FORMER chief risk officer at Deloitte has been suspended from acting as an auditor for public companies for two years as part of a settlement with US authorities on claims he accepted gambling credit while advising on the audit of a casino company. James T Adams agreed to settle the civil charges from the [...]
What the other papers say this morning – 21 May 2014 May 20, 2014 FINANCIAL TIMES Tougher rules close payday lenders Britain’s crackdown on payday lending is forcing a mass exodus from the quick credit market, with up to half the lenders pulling out in the past 18 months. A Financial Times analysis of data from the Financial Conduct Authority found that at least a third of the UK’s [...]
HSBC among big banks facing EU fixing charges May 20, 2014 THE EUROPEAN Commission levelled charges of market manipulation against three banks yesterday, alleging that the groups acted to rig a major inter-bank lending rate. HSBC, JP Morgan and Credit Agricole were named by the Commission, which said in a statement it believes that the banks were involved in fixing Euribor. The institutions held out last [...]
