Tour de France 2015: Chris Froome takes yellow jersey July 6, 2015 Britain's Chris Froome lent his bid for a second Tour de France title unexpected early momentum by snatching the yellow jersey on a dramatic third stage yesterday. Read more: Teammates key as Froome gains time on his Tour rivals The Team Sky rider finished a close second to stage winner Joaquim Rodriguez and earned enough time [...]
Wladimir Klitschko and Tyson Fury will fight in October July 6, 2015 Unbeaten British heavyweight boxer Tyson Fury has agreed a fight with WBA, IBF and WBO champion Wladimir Klitschko in Germany later this year. Read more: Heavyweight champion Wilder targets Brit Fury for title defence Fury, 26, is due to meet the Ukrainian, who has not lost for 11 years, in Dusseldorf on 24 October. The [...]
Insurers’ rugby sponsorship puts a premium on giving staff kicks July 6, 2015 Admiral’s deal with Welsh Rugby Union breaks mould by putting employees first A recurring theme for the businesses sponsoring teams at this year’s Rugby World Cup is the increased exposure their brand can expect to receive from the international tournament. Yet directors at car insurance specialist Admiral will be just as concerned with [...]
Greek debt crisis: Greece votes no to bailout terms as City economists warn on Grexit and fears rise over euro’s future July 5, 2015 The Greek electorate has overwhelmingly rejected conditions attached to an extension of the country’s bailout, in a defiant gesture that threatens the future of the Eurozone. Prime Minister Alexis Tsipras last night vowed to return to the table and secure a quick deal that will prevent Greece’s banking sector from collapse. Over 60 per [...]
George Osborne says emergency July Budget will see £12bn welfare cuts July 5, 2015 Chancellor George Osborne has said that he has identified all £12bn of welfare cuts that he needs to make as part of the government’s plan to balance the budget in three years. “We have found that £12bn of savings in welfare that we said we’d be able to find,” Osborne said yesterday in an [...]
Labour’s largest donor endorses far-Left candidate Jeremy Corbyn July 5, 2015 Britain’s biggest trade union and the Labour party’s largest financial backer is supporting left-wing candidate Jeremy Corbyn in the race to replace Ed Miliband. Corbyn, who has been the MP for Islington North for more than two decades, is seen as the most radical choice from a slate of candidates which also includes fellow MPs [...]
EasyJet cabin crew set to strike amid pay row July 5, 2015 EASYJET cabin crew are planning to walk out over pay after talks between unions and the airline broke down following months of negotiations. EasyJet has said it is confident that its summer flight schedule will operate as usual. However, union Unite is expected to announce its intention to ballot for strike action tomorrow. A Unite [...]
Greeks fear for the future of their divided country after referendum “no” vote July 5, 2015 Tens of thousands of Greeks took to streets of Athens to celebrate last night. The resounding “no” vote given against the latest deal offered by creditors gives Prime Minister Alexis Tsipras a chance to take his hard-line approach back to the table with a democratic mandate. Yet his aggressive stance has not met with [...]
Top companies readying plans for expansion July 5, 2015 The UK’s largest companies are planning to loosen their purse strings and fund expansion plans according to a survey of top finance chiefs published today. Expanding into new markets or introducing new products and services was seen as a strong priority for the next 12 months by 41 per cent of chief financial officers (CFOs), [...]
July Budget 2015: Pressure mounts on government to back a living wage July 5, 2015 Raising the minimum wage to the so-called “living wage” would lift 6m people out of poverty and generate more than £4bn of additional revenue, according to a new report out today from KPMG. The living wage, as defined by the Living Wage Foundation charity, is £7.85 per hour nationally and £9.15 in London. The national [...]
