Derby return for McClaren September 30, 2013 FORMER England manager Steve McClaren has agreed a three-year deal to succeed Nigel Clough in the Derby County hot-seat. McClaren, 52, spent three seasons as a player with The Rams and also enjoyed a spell as assistant manager to Jim Smith. Chief executive Sam Rush says a “play-off place” is Derby’s goal.
British NFL franchise not credible September 30, 2013 AMERICAN FOOTBALL: The creation of a British-based franchise is not yet credible, according to NFL UK managing director Alistair Kirkwood, who says logistical issues, including the size of the Wembley Stadium dressing rooms, still need to be ironed out.
Buttler makes Lancashire switch September 30, 2013 CRICKET: England wicketkeeper Jos Buttler has joined Division Two county champions Lancashire from Somerset.
Tories alone on home loan plan September 29, 2013 DAVID Cameron yesterday announced that a controversial scheme offering taxpayer-subsidised mortgages will launch this week, without consulting his coalition partners and despite mounting criticism that he is stoking a new housing bubble. The second part of Help to Buy, which will enable buyers to purchase a house with a deposit of just five per cent, [...]
Osborne set to make benefit rules tougher September 29, 2013 GEORGE Osborne will today announce that the long-term unemployed will have to undertake community work or risk losing their welfare payments. The chancellor will tell the Conservative conference that from next April “no one will get something for nothing”. As a result, tens of thousands of jobseekers will forced to undertake 30 hours of service [...]
Cameron puts European rights law on notice September 29, 2013 DAVID Cameron yesterday indicated that he is ready to pledge to abolish the Human Rights Act in the Conservatives’ manifesto for the 2015 general election. The Prime Minister said he would do “whatever that takes” to ensure Britain can deport foreign criminals that the government believes pose a threat to national security, including replacing the [...]
Help to Buy isn’t the answer to the Conservative predicament September 29, 2013 WITH just 20 months to go before the general election, the Tories need to get their skates on. While many London-centric, private sector employed middle class professionals see Ed Miliband as an unelectable joke, the rest of the country disagrees. YouGov puts Labour 11 points ahead, suggesting a 100 seat majority for Miliband’s party, partly [...]
What the other papers say this morning – 30 September 2013 September 29, 2013 FINANCIAL TIMES CLO issuance hits pre-crisis level Sales of sliced-and-diced corporate loans have reached a fresh post-crisis record as investors clamour for higher returns from the structured financial products. A spurt in sales last week has helped push US issuance of so-called “collateralised loan obligations” so far this year to at least $55.41bn, according to [...]
Borrowers set for small cut in interest rates September 29, 2013 MORTGAGE borrowers who use the government’s new guarantee scheme could see interest rates fall by up to one percentage point, City A.M. understands. Banks lending under the scheme will have to pay the government a fee for each mortgage given out, a cost that will be passed on to borrowers. But the fee will only [...]
Bottom Line: The UK needs more of China’s tourists – but not at any price September 29, 2013 CHINA’S booming tourism market is an opportunity Britain can ill-afford to miss out on. China overtook Germany and the US to become the world’s largest outbound tourism market in 2012, with 83m overseas trips by its citizens. That will reach 200m by 2020, with growth of 16 per cent in the first quarter of 2013 [...]