United can cap memorable European performance with victory at White Hart Lane November 28, 2013 BEN CLEMINSON AND BILL ESDAILE WITH THE BEST FOOTBALL AND RACING BETS THIS WEEKEND FOR a team who spent more money than any other this summer Tottenham are making heavy weather of it. Only Crystal Palace and Sunderland have scored fewer goals than their nine in 12 league outings, prompting speculation this week that Andre [...]
Lord Windermere to give the Irish their first Hennessy win since 1980 November 28, 2013 THE Hennessy Gold Cup (3.00pm), the culmination of the Hennessy Heritage Festival at The Racecourse Newbury, is one of the most prestigious events on the National Hunt calendar and racegoers will be mixing with the likes of Joan Collins, James Corden and Tinchy Stryder tomorrow afternoon. It is always a great race, but it hasn’t [...]
London faces savings crisis November 27, 2013 LONDONERS save less of their monthly income than people in any other part of England and Wales, leaving the capital’s population facing a savings timebomb. Despite higher average earnings, the capital’s dwellers have the equivalent of just 22 per cent of their annual salary in savings accounts, according to research released this morning by Halifax. [...]
Bitcoin soars above $1,000 November 27, 2013 BITCOIN broke fresh records last night when the price of the digital currency reached $1,073 (£659.60) on popular online exchange Mt.Gox, as market momentum lifted it to a new high. Last week a US Senate committee described Bitcoin – the digital currency that can be traded anonymously and freely worldwide – as a legitimate financial [...]
U-turn on plain cig packaging November 27, 2013 THE COALITION government is to announce an independent review of plain packaging for cigarettes, in a dramatic U-turn. Downing Street confirmed that there will be a statement from the Department of Health in the House of Commons today and that ministers are “open minded” about how to tackle the issue. The Prime Minister shelved plans [...]
RBS boss says bank did not profit from troubled firms November 27, 2013 THE CHIEF executive of RBS jumped to his bank’s defence yesterday, saying he did not believe that it had made a “systematic” effort to profit from its troubled business customers. Responding to two reports that have criticised lending practices at the under-fire bank, Ross McEwan said the accusations had damaged RBS’ reputation. “The most serious [...]
Britain’s two nations are continuing to grow ever further apart November 27, 2013 WHEN Benjamin Disraeli, the 19th century Prime Minister, wrote of “two nations, between whom there is no intercourse and no sympathy”, he was of course referring to the rich and the poor. But according to a fascinating report from Deutsche Bank, today’s two nations are what it calls the lands that “fall either side of [...]
Boris: economic inequality is a driver of effort November 27, 2013 LONDON Mayor Boris Johnson gave a speech praising Margaret Thatcher and the spirit of rivalry last night, telling the audience that a bit of healthy competition is a good thing for the economy. “The income gap between the top cornflakes and the bottom cornflakes is getting wider than ever,” he said. “I don’t believe that [...]
City could thrive outside of EU, O’Neill tells MPs November 27, 2013 FORMER Goldman Sachs economist O’Neill has said that the City of London is “beautifully placed to be the major financial services centre for the world”. Speaking at a Treasury select committee hearing yesterday, O’Neill said that the government should not be afraid to withdraw from the EU if it felt the timing was right. He [...]
What the other papers say this morning – 28 November 2013 November 27, 2013 FINANCIAL TIMES JPMorgan eyed metals unit in 2012 JPMorgan Chase drew up plans to sell part of its metals warehousing empire last year as it faced pressure to show regulators that the business fitted with the activities of a bank, according to newly released documents. American-US Airways merger cleared The long-running effort to merge US [...]