Teammates key as Froome gains time on his Tour de France rivals July 5, 2015 Britain's Chris Froome hailed the contribution of his Team Sky teammates after gaining significant time on his Tour de France rivals and surging into the top 10 of the general classification during stage two yesterday. Read more: Froome – "Success stokes fire ahead of Tour de France" Fellow Briton and Etixx-Quick-Step rider Mark Cavendish [...]
Women’s World Cup: England’s Lionesses have become legends, insists Mark Sampson July 5, 2015 England's women have attained legendary status by recording their best ever performance at the World Cup, according to head coach Mark Sampson. Read more: England Lionesses up there with class of 1966 and 1990, says coach The Lionesses beat old foes Germany 1-0 on Saturday night to claim third place and end the tournament [...]
Productivity isn’t such a puzzle: Five steps to unleash business’s potential July 5, 2015 Solving the “productivity puzzle” is consuming a lot of brain power in UK business and economic circles. But is it quite the conundrum it’s made out to be? Productivity is certainly a serious issue. The latest data offers a hopeful sign – as reported output per hour was 1.3 per cent higher in the first [...]
London can build Crossrail – so why won’t we give Heathrow a new runway? July 5, 2015 Back in 1971, the Roskill Commission on London airport expansion selected Cublington, a sleepy village in Buckinghamshire, as the site for a new South East airport. For those of us old enough to remember, the government rejected the idea, and since then politicians and policymakers have been trying to fix our airport capacity shortfall. Last [...]
Resilience and revival: 7/7 bombings and London’s bid for the Olympics 10 years on July 5, 2015 Today is the tenth anniversary of London winning the competition to host the 2012 Olympics. Tomorrow is the tenth anniversary of the worst terrorist attack on the capital in recent times, when 52 people were killed and 770 injured by bombs on the underground and a bus. From the pinnacle of celebration to the depths [...]
Has the ongoing Greek crisis irrevocably tarnished the single European currency? July 5, 2015 Ruth Lea, economic adviser to the Arbuthnot Banking Group, says Yes. The euro was first and foremost a political project, albeit one with the profoundest of economic ramifications. Its launch was a major step towards the “ever closer union of the peoples of Europe”, as first articulated in the Treaty of Rome. But Greece’s current [...]
BP closes Deepwater Horizon oil spill chapter with £12bn record US payout: Firm may now be subject to mega takeover July 2, 2015 Oil giant BP has settled a massive lawsuit surrounding the 2010 Deepwater Horizon accident, agreeing yesterday to pay up to $18.7bn (£12bn) in respect of US federal, state and local claims connected with the disaster. The payout, believed to be the largest environmental fine ever handed out, comprises $5.5bn in civil payments, $4.9bn in [...]
Fellow watchdog to slam Ofgem over tariffs policy July 2, 2015 The Competition and Markets Authority (CMA) is expected to slam Ofgem’s policy on electricity tariffs when it publishes the preliminary findings from its energy market review next week. The report, which is likely to be released on 7 July, will highlight the “four tariffs” rule that Ofgem imposes on energy firms as being bad for [...]
IMF: Greece needs debt reduction due to poor recent governance July 2, 2015 One of Greece’s official creditors has acknowledged that the country needs debt relief, but only due to the choices of its current leadership elected in January. The International Monetary Fund (IMF) said yesterday that Greece would need more than €50bn (£36bn) in financing by the end of 2018, as well as a doubling in the length [...]
WPP is Cuba bound July 2, 2015 Communications giant WPP is about to set up shop in communist-led Cuba – an unprecedented step among the world’s major advertising agencies. The company, set up by Sir Martin Sorrell (inset) in 1971, will partner with state-owned Palco Group to make the move, which marks the latest stage in its Latin America expansion plan.
