City to inflict more pain upon faltering Gunners March 27, 2014 BEN CLEMINSON WITH HIS BEST WEEKEND FOOTBALL BETS AND BILL ESDAILE PREVIEWS THE RACING AT DONCASTER AND MEYDAN MANCHESTER City should take a giant step towards regaining the Premier League title when they travel to the Emirates Stadium tomorrow to play an under-fire Arsenal. Manuel Pellegrini’s League Cup winners are currently third on 66 points, [...]
Easterby’s Off Art to get punters off to a flyer as the Flat returns at Town Moor March 27, 2014 THE FLAT is back. The Lincoln (3.50pm) is the feature race of the day at Doncaster and it’s always a competitive contest with 22 runners facing the starter for the one mile race. Many argue punters should be looking for the proverbial “Group horse in a handicap”, but recent winners at 20/1, 25/1 and 16/1 [...]
Monster pots up for grabs in the deserts of Dubai March 27, 2014 THE DUBAI World Cup (6.05pm) is the richest race in the world with a prize fund of $10million, but it’s still yet to attract a really top-class field and tomorrow’s edition is another hard one for punters. Since the 10-furlong contest moved to the Tapeta of Meydan, not one favourite has even placed and it’s [...]
King’s shares crushed on first day trading March 26, 2014 Candy Crush maker’s shares slump 15.6 per cent in first day of New York trading KING, the British game developer behind hit mobile game Candy Crush Saga, was bloodied yesterday during its debut on the New York Stock Exchange, with nearly $1bn (£600m) wiped off its market valuation. Shares in King, which had been priced [...]
Fed blow to Citi as five banks fail stress tests March 26, 2014 THE FEDERAL Reserve last night rejected plans by Citigroup and the US subsidiaries of HSBC, Royal Bank of Scotland and Santander to buy back shares or raise dividends. The Fed said that there were “qualitative concerns” over the five US banks’ capital plans, warning they would not allow them to survive in the event of [...]
UK banks pay 71 pc profit in tax March 26, 2014 THE biggest UK banks paid 71 per cent of their combined profits in taxes, KPMG analysts said yesterday, with 58 per cent going to levies like corporation and overseas taxes, and 13 per cent on the bank levy. And repeated hikes to the bank levy are draining lenders of crucial funds they could use to [...]
Politicians clamour to take credit for SSE price freeze March 26, 2014 POLITICIANS yesterday rushed to take credit for SSE’s pledge to freeze energy prices until 2016, despite the big six supplier combining the move with plans to slash its renewables investment and axe jobs. Prime minister David Cameron said the government’s decision to roll back some green levies from customers’ bills was responsible for the decision. [...]
Price controls don’t work. It’s time to empower consumers March 26, 2014 CONSUMERS and politicians should draw very careful lessons from the news that SSE, the energy giant, is freezing its prices. This is hardly the victory that some on the left believe it to be. Ed Miliband’s attack on the energy industry last September came at a time of elevated wholesale costs in the energy markets. [...]
L&G: Annuities will plummet £9bn in 2015 March 26, 2014 THE ANNUITY market will plunge from £11.9bn per year to just £2.8bn under new rules giving pensioners more financial freedom, Legal and General said yesterday. The shock prediction comes ahead of the government’s first wave of changes to pensions, which come into effect from today. The changes include cutting the minimum income requirement to draw [...]
What the other papers say this morning – 27 March 2014 March 26, 2014 FINANCIAL TIMES Tories eye migration sleight of hand Theresa May is proposing to cut net migration by more than 19,000 ahead of the next general election in a statistical sleight of hand that would shorten visas for foreign employees by as little as one day in a bid to avoid designating them as migrants. The [...]
