Legal battles take toll on McIlroy November 12, 2013 GOLF: Former world No1 Rory McIlroy admits off-field distractions have plagued his game this year as he goes in search of his first win for 12 months at the DP World Tour Championship. McIlroy, who tees off at 5am tomorrow, said: “I’ve seen more lawyers this year than I care to see in my entire [...]
Strachan hoping to poach Caulker November 12, 2013 FOOTBALL: Scotland boss Gordon Strachan hopes to convince defender Steven Caulker to switch allegiance from England. Caulker can turn his back on the Three Lions having won his only cap to date in a friendly defeat to Sweden last year.
Middlesbrough to name new boss November 12, 2013 FOOTBALL: Middlesbrough are expected to unveil former Real Madrid assistant Aitor Karanka, 40, as their new manager this morning.
Power bills will soar until 2030 November 12, 2013 A REPORT out today from the National Audit Office (NAO) predicts government spending on new nuclear and green initiatives will send household energy bills soaring above inflation for the next 17 years as the public stumps up two thirds of the cost. The projection adds to alarm over energy prices as the big six suppliers [...]
US to overtake Saudi Arabia as top oil producer November 12, 2013 THE UNITED States is set to overtake Saudi Arabia as the world’s biggest producer of oil in two years, transforming the world market, according to a major energy organisation. The US is now almost able to meet all of its own energy needs, according to yesterday’s annual outlook from the International Energy Agency (IEA), and [...]
Chinese bank issues the UK’s first-ever renminbi bonds in London November 12, 2013 CHINA’S first offshore debt sale in the UK went ahead yesterday, with the government-owned Industrial and Commercial Bank of China (ICBC) issuing bonds to the value of 2bn renminbi (£206.3m). The Royal Bank of Scotland (RBS), Standard Chartered and JP Morgan managed the sale of the bank’s debt securities. An RBS spokesperson told City A.M. [...]
Maybe, just maybe, we have learnt some lessons from the crisis November 12, 2013 IT IS usually a pretty good rule of thumb that nobody really learns anything from booms and busts. The bubble was caused by loose monetary policies, buoyant credit and state subsidies to home-buyers – and we are seeing all of the same again, albeit in supposedly more responsible guise. Just like in the 2000s, falling [...]
Fall in inflation begins to ease pressure on wages November 12, 2013 FALLING petrol prices helped push inflation down to 2.2 per cent in the year to October, the slowest pace in a year, official figures showed yesterday. But that is still above the Bank of England’s two per cent target and means prices are still increasing more quickly than average wages. Inflation eased off – down [...]
What the other papers say this morning – 13 November 2013 November 12, 2013 FINANCIAL TIMES Forex probe widens to 15 banks The global probe into foreign exchange manipulation has widened to include 15 of the world’s biggest banks and some of the most actively traded currencies, as lenders scramble to help authorities in exchange for leniency. The UK’s Financial Conduct Authority – one of seven regulators handling the [...]
Housing market heat continued into September November 12, 2013 HOUSE buyers were shelling out considerably more in September than they did a year ago, with the capital seeing the largest jump in prices by some distance. The house price index calculated by the Office for National Statistics (ONS), released yesterday, shows prices were up 3.8 per cent on the same month in 2012, despite a [...]
