Rocky to deliver knockout blow in Argento with ground to suit January 23, 2014 BILL ESDAILE AND BEN CLEMINSON WITH THE WEEKEND’S BEST RACING AND FOOTBALL BETS TRIALS Day at Cheltenham gives jockeys the last chance to ride around Prestbury Park before they line-up for the Festival opener, the Supreme Novices’ Hurdle, in six and a half weeks. There is no doubt that the highlight of the card is [...]
Gunners to keep the door firmly shut on visiting Sky Blues January 23, 2014 THE FA Cup returns tonight with Arsenal kicking off a packed weekend programme as they host Coventry. Considering the Gunners are top of the Premier League, and the only defeat they’ve suffered at the Emirates in their last 10 outings was against Chelsea in the Capital One Cup, it’s no surprise Arsene Wenger’s men are [...]
China, Japan, and the row that shook Davos January 22, 2014 JAPANESE Prime Minister Shinzo Abe raised the terrifying prospect of conflict in east Asia yesterday, comparing Japan and China’s cold relationship to relations between the UK and Germany in the years before World War One. At the World Economic Forum’s annual meeting in Davos yesterday, Abe told journalists that while China and Japan had a [...]
Humiliation for UK as Europe overrules finance veto January 22, 2014 THE CITY is braced for a beating from Europe, after Britain lost a key legal case that could set a precedent for Brussels to overrule the UK in financial services. In a shock decision the European Court of Justice (ECJ) went against its own legal adviser to give the European Securities and Markets Authority the power [...]
Joblessness falls to brink of interest rate threshold January 22, 2014 UNEMPLOYMENT plunged to 7.1 per cent during November, according to figures released yesterday, leaving the Bank of England’s forward guidance policy hanging in the balance. The rate of joblessness fell from 7.4 to 7.1 per cent in just a month, the fastest drop in over 15 years, with the labour market improving at an unexpectedly [...]
Free-marketeers were right on jobs – and the left got it wrong January 22, 2014 THIS is how the conversation kept going, until about six months ago. Pundit: Aren’t you worried that unemployment will rocket if we cut public spending? Free market economist: Not if the economy recovers, and in any case employment has been the one bright spot of this economy. Pundit: But how can employment and the economy [...]
Guidance is in tatters, the City warns Carney January 22, 2014 THE BANK of England’s forward guidance, brought in last summer, has failed already according to City analysts, many of whom expect governor Mark Carney to move the goalposts in a bid to keep the policy alive. “Forward guidance is effectively dead,” said James Ashley of RBC Capital Markets yesterday, adding that the Bank must decide [...]
Netflix users now total 44m January 22, 2014 INTERNET streaming site Netflix has released promising fourth quarter results, showing increased membership, smaller losses in the international market and good overall growth. The site ended 2013 with over 44m members and aims to have 48m by the end of the first quarter of this year. The main focus for the firm in 2014 will [...]
Ebay rebuffs Icahn on Paypal January 22, 2014 EBAY has made the case to keep PayPal as part of the parent brand, rather than spin it off into a separate company. Activist investor Carl Icahn called for the company to allow PayPal to become its own entity, nominating two of his employees on the eBay board of directors to take the plan forward. [...]
What the other papers say this morning – 23 January 2014 January 22, 2014 FINANCIAL TIMES Microsoft to shield users’ data Microsoft will allow foreign customers to have their personal data stored on servers outside the US, breaking ranks with other big technology groups that until now have shown a united front in response to the American surveillance scandal. Just Eat gears up for £900m IPO London’s start-up cluster [...]
