Legal challenge to transfer system December 17, 2013 FOOTBALL: Players’ union FifPro has launched a legal challenge against the current transfer system, which it says infringes on its members rights.
Murray comeback next week December 17, 2013 TENNIS: Britain’s Andy Murray will play his first match since back surgery next week in Abu Dhabi.
Mills’ Winter Games bid thwarted December 17, 2013 PARALYMPICS: Heather Mills has been told she cannot compete in the Sochi 2014 Winter Games because she uses a non-officially approved boot.
Smashing through the glass elevator December 16, 2013 Inga Beale will be first female chief executive of 325-year-old Lloyd’s of London market LLOYD’S of London yesterday appointed Inga Beale as its new chief executive – the first woman to be given the role in the insurance market’s 325 year history. Beale will take over from Richard Ward in the New Year, and joins [...]
The £30m man: London clubs count cost of Villas-Boas December 16, 2013 FOOTBALL manager Andre Villas-Boas cost Tottenham and Chelsea a combined outlay of close to £30m in less than two-and-a-half years in England. The Portuguese’s 17-month tenure at Spurs ended yesterday when he was sacked, just hours after losing 5-0 to Liverpool in the Premier League club’s worst home defeat for 16 years. Villas-Boas is thought [...]
Finance firms contribute £65bn to UK tax coffers December 16, 2013 THE UK’S financial services contributed £65bn in taxes during 2012-13, rising £2bn from last year to make up more than one tenth of all revenues. Taxes borne by and collected from financial institutions rose to 11.7 per cent of all Her Majesty’s Revenue and Customs (HMRC) in 2012-13, according to research by PwC and the [...]
Standard Chartered would do better being more upfront December 16, 2013 BEFORE and during the financial crisis, which rocked so many banks to their foundations, Standard Chartered could seemingly do nothing wrong. While their rivals dodged in and around write-downs, rescue rights issues and increased impairment charges, the stock of both chief executive Peter Sands and his ebullient finance director Richard Meddings rose sky-high. So highly [...]
Banking Bill gets go ahead December 16, 2013 A RAFT of new banking rules got the green light in the House of Lords last night. The rules introduce a licensing regime for senior bankers and erected a ringfence between banks’ retail and investment arms. But lawyers said much detail still needs to be worked out. “It remains to be seen whether this will lead [...]
Upbeat firms to hire in 2014 December 16, 2013 MORE than half of British businesses expect to raise their staff numbers next year, the strongest indication from firms that they are ready to increase employment since the financial crisis. Fifty-one per cent of firms think their workforce will be larger in 12 months than it is now, according to a survey by the CBI [...]
Business groups speak out for extra runways December 16, 2013 BUSINESS groups have urged the government to press ahead with airport expansion no matter what the Davies Commission recommends today. Sir Howard Davies’ panel is this morning due to set out a handful of shortlisted options for adding space to the south east of England’s airports, in which Heathrow is believed to feature heavily. But [...]
