Hamilton revs up for F1 opener March 2, 2014 FORMULA ONE: Britain’s Lewis Hamilton cemented his status as favourite for this month’s curtain-raising Australian Grand Prix by posting the fastest time of the final day of pre-season testing in Bahrain yesterday.
McIlroy wastes Honda Classic lead March 2, 2014 GOLF: Former world No1 Rory McIlroy blew his chance to win the Honda Classic last night, losing a four-way play-off to American Russell Henley. McIlroy, who walked out of the same tournament a year ago, shot an error-strewn 74 in the final round.
Scots warned of business exodus February 27, 2014 TWO BUSINESS heavyweights have issued the starkest warning yet about the damage Scottish independence could do, claiming that it could push companies to leave the nation and start again in England to avoid financial uncertainty. The news will come as a devastating blow to Scottish National Party leader Alex Salmond, who is using the value [...]
Russia circles as tensions in Ukraine build February 27, 2014 ESCALATING tensions in Ukraine worsened yesterday, as separatist groups seized control of Crimea’s parliament building and troops gathered near the Ukraine-Russia border. The raid came as new Prime Minister Arseny Yatseniuk admitted the country was in dire financial straits, saying that loans worth $37bn (£22.17bn) were missing from the treasury. The Ukrainian hyrvnia has fallen [...]
Lego sets out plans for world domination as it grabs market share February 27, 2014 LEGO yesterday laid out its plans to dominate the world toy market after revealing sales for last year that trumped the general market. The Danish maker of colourful toy bricks, already the world’s second largest toymaker after barbie-maker Mattel, said it expected to continue to grab market share. The popularity of its city range, which [...]
£3bn wiped off RBS as it reveals turnaround plans February 27, 2014 RBS SHARES dived as the bank yesterday revealed an £8.2bn loss for 2013, and warned it will be years before there is even a chance of turning a profit on the taxpayer’s stake. The latest losses mean the bank has now lost £45bn in the six years since the financial crisis struck, amounting almost exactly to [...]
The coalition’s immigration policy has now lost all credibility February 27, 2014 THERE are two camps on migration. The first, to which the vast majority of the public belongs, believes that immigration into the UK is much too high. The second, much smaller group, is more liberal on this issue. I’m in the pro-migration camp: I think that allowing people to move as they choose is a [...]
Queen Merkel stands firm on EU treaty deal February 27, 2014 GERMAN chancellor Angela Merkel failed to throw David Cameron the lifeline he needed over EU reform yesterday, warning in a speech that anyone looking for support for fundamental changes to the union would be “in for a disappointment.” Merkel got the full red-carpet treatment during her visit to Downing Street, but if the pomp was [...]
Miles: rates to stay below 3pc February 27, 2014 EVEN when the economy has fully recovered interest rates could stay below three per cent, the Bank of England’s David Miles said yesterday. The monetary policy committee member said rates could stay low without pushing up inflation, because of the damage caused to the economy in the financial crisis. “For an extended period we might [...]
Spain sells £1bn stake in Bankia February 27, 2014 THE SPANISH government last night announced a sale of a 7.5 per cent stake in Bankia, the lender it bailed out in 2012 after the country’s property market crash and sustained recession. The stake is worth €1.3bn (£1.1bn) at last night’s closing share price. After the sale the government will still control the bank, holding a 61.5 [...]
