Liverpool meet Magpies in cup August 8, 2013 FOOTBALL: Liverpool, the Capital One Cup’s most successful club, have been drawn at home to Notts County in round two. The eight-time winners will entertain the Magpies at Anfield on the week commencing 26 August. Meanwhile, newly-promoted Crystal Palace travel to Bristol City, Fulham have been draw away to Burton and West Ham take on [...]
Swansea soar in Europa League August 8, 2013 FOOTBALL: Swansea reached the Europa League play-off round, following a 0-0 draw in Malmo last night, progressing 4-0 in aggregate. Wilfried Bony scored twice in the first leg, with Michu and Alejandro Pozuelo also on target.
Athletes face extended drugs ban August 8, 2013 ATHLETICS: Competitors found guilty of first-time doping offences will be banned from competition for four years from 2015.
Expect England to be back on top at Chester-le-Street August 8, 2013 WILLIAM CHRIMES PREVIEWS THE FOURTH ASHES TEST AND BILL ESDAILE GIVES US HIS BEST RACING BETS ENGLAND’S 100 per cent record at Chester-le-Street makes them worthy favourites to land a third Investec Ashes victory to win the series with a Test to spare. Digging a little deeper into England’s four Test results at the Durham [...]
Ihtimal can continue Godolphin’s sweet record in the Solera Stakes August 8, 2013 ASCOT stages its popular Shergar Cup meeting tomorrow and the fields are as competitive as ever. It really does look like a minefield for punters, but one that has caught my eye is RACY in the Barclays Shergar Cup Dash (2.05pm) for the in-form Brian Ellison team. The six-year-old ran a stormer to finish fourth [...]
Three more years: Interest rates to stay at record lows until unemployment recovers August 7, 2013 NEW BANK of England governor Mark Carney dramatically tore up the UK’s monetary policy rules yesterday, pledging to hold rates at their historic low for another three years. The Bank’s new “forward guidance” system saw Carney promising that interest rate hikes and reductions to quantitative easing are off the table until the unemployment rate falls [...]
What Carney’s Rule will mean for the economy August 7, 2013 Q Does this change mean that interest rates are now set until 2016? A The Bank’s rate-setters will still meet on a monthly basis, but the subject of discussions is likely to lean towards whether the new so-called knockouts have been breached. When the unemployment rate heads below seven per cent, discussions of whether to [...]
Why governor’s monetary revolution will eventually backfire August 7, 2013 ONCE again, I find myself in a minority. Most economists – and the overwhelming majority of commentators – are delighted with Mark Carney’s shake-up of monetary policy. But while I welcome the governor’s enthusiasm, I am unconvinced by his proposals. First, the theory. Carney’s thinking is that 1) there is plenty of spare capacity in [...]
Pound bounces despite pledge to hold rates August 7, 2013 MARKETS defied expectations yesterday in the wake of the Bank of England’s new guidance over the necessary conditions under which it could raise interest rates. Sterling initially dropped by nearly one per cent to below $1.521 yet rebounded sharply, ending the day at around $1.55. “Sterling rallied as traders highlighted the improved growth implications of [...]
What the other papers say this morning for 8 August 2013 August 7, 2013 FINANCIAL TIMES High-speed orbital rail for London A new high-speed “rail bagel” encircling London will become a priority for the capital as its population soars to 10m over the next 20 years, Boris Johnson’s transport adviser has said. Isabel Dedring, deputy mayor for transport at City Hall, said new light-rail and tram services – now [...]
