Lorenzo claims Silverstone victory September 1, 2013 MOTO GP: World champion Jorge Lorenzo won yesterday’s British Grand Prix at Silverstone with a thrilling final lap pass on championship leader Marc Marquez.
Fox-Pitt clinches European bronze September 1, 2013 EQUESTRIAN: Double Olympic silver medallist William Fox-Pitt won bronze at the European Eventing Championships in Malmo yesterday.
Cameron calls off military action in Syria after losing Westminster vote August 29, 2013 DAVID Cameron last night suffered a major blow to his authority as parliament took the near-unprecedented step of vetoing military action desired by the government. Just 48 hours ago, the Prime Minister had hoped that last night’s vote would authorise immediate military strikes against the Syrian regime. Instead, Britain has now all but ruled out [...]
Vodafone confident tax won’t halt $100bn Verizon deal August 29, 2013 VODAFONE is confident tax issues will not stand in the way of any multi-billion dollar deal it agrees with Verizon to offload its shareholding in its US counterpart. Earlier this year there had been suggestions that a massive tax bill, perhaps as high as $40bn (£25.8bn), could prevent a deal between the two mobile telecoms [...]
Co-op gets tough with an ultimatum to investors August 29, 2013 SMALL investors in the Co-op bank must agree to take losses on their bonds or risk the bank being closed or sold, executives said yesterday as they revealed group pre-tax losses of £559m for the first half of the year. Much of those losses came from the bank – the trading group business made a [...]
Cameron will look back on this vote as a political blessing August 29, 2013 SO THE heir to Blair, who seemed so keen to intervene in Syria, has been stopped in his tracks. Prime Minister David Cameron came home early from his holiday to persuade parliament of the need for action against Syria and in the end received a bloody nose himself. It might not look great for him [...]
Exclusive: Big banks shoot down Carney’s £90bn loan plan August 29, 2013 THE BIGGEST four banks do not intend to run down their liquidity buffers to increase lending, City A.M. understands, despite Bank of England boss Mark Carney this week cutting the size of the buffers of liquid assets they must hold. The governor believes this could free up £90bn to lend out. However major lenders are expected [...]
Bottom Line: Group is right to hang onto its best assets August 29, 2013 THE COMPARISON that Niall Booker drew yesterday with the banking behemoths of the crisis years was stark – just like Lloyds and RBS, the Co-op’s banking arm has got itself into a mess, and it’s going to take years to get out. So with many months of pain ahead of them, it’s not difficult to [...]
What the other papers say this morning – 30 August 2013 August 29, 2013 FINANCIAL TIMES NFL agrees to settle lawsuit The US National Football League agreed yesterday to pay $765m to settle lawsuits filed by thousands of retired players who suffered debilitating health consequences from years of head trauma endured while playing the sport. The agreement allows the NFL to avoid a lengthy court battle, which could have [...]
Verizon talks boost Vodafone to 12-year high August 29, 2013 TELECOMS giant Vodafone saw shares jump to a 12- year high yesterday as it confirmed it is in talks to sell its stake in Verizon Wireless back to the US mobile operator. The deal could see Verizon offer Vodafone in excess of $100bn (£64bn) for the 45 per cent stake that it holds in the [...]
