Surrey duo left in hospital after horrific incident June 14, 2015 SURREY’S T20 Blast match at Sussex was abandoned yesterday after a horrific on-field clash left fielders Rory Burns and Moises Henriques unconscious and stricken on the outfield. Three ambulances were called onto the playing arena as both players required lengthy medical treatment after crashing into each other at high speed while attempting to take a [...]
IMF pessimism on Greece cools hot day for markets June 11, 2015 A strong day for European markets came to an abrupt end yesterday as one of Greece’s creditors said there had been “no progress” in recent negotiations with the country. Greece is currently trying to secure a cash-for-reforms bailout deal to stave off bankruptcy. “We are well away from an agreement,” a spokesman for the International [...]
I’m finally convinced – a Grexit really could happen June 11, 2015 The prospect of Greece leaving the Eurozone never really seemed to be on the cards, even during the darkest days of 2011 and 2012. There were two reasons for this: firstly, the ease with which the country and its creditors could kick the can down the road. This was helped by the relatively small size [...]
EU in/out referendum: Just 15 per cent of Tories want UK to leave June 11, 2015 Just 15 per cent of Conservative party members would “definitely” vote for the UK to leave the EU, according to a new poll out today. The poll, led by Tim Bale at Queen Mary University of London and Paul Webb at the University of Sussex, found that while about one in seven Tory party members [...]
Lobby to push for a business rates shake-up June 11, 2015 BRITAIN’S outmoded business rates system needs to be “simpler and fairer” with more frequent valuations and removal of the levy for the smallest properties, the UK’s biggest lobby group has warned. The Treasury launched a long-awaited review of the controversial rates system in March, with businesses invited to submit their proposals before today’s consultation deadline. [...]
Mary Schapiro joins London stock exchange June 11, 2015 Former US Securities and Exchange Commission chairman Mary Schapiro is joining the board of the London Stock Exchange, which aims to expand its American business. Schapiro, chair of the SEC from 2009-2012, will become a non-executive director on 1 July.
Doubts cast on George Osborne over RBS sell-off as Andrew Tyrie questions £14.3bn profit claim June 11, 2015 The chairman of the Treasury select committee last night cast doubt on chancellor George Osborne’s claims taxpayers stand to make a £14bn profit from the 2008 banking bailout. Osborne unveiled plans on Wednesday to start selling a 79 per cent stake in Royal Bank of Scotland (RBS) – but at a loss to taxpayers who [...]
Q&A: Taxpayer bailout proceeds June 11, 2015 Q What’s at stake? A The Treasury has owned 79 per cent of RBS since 2008 – and it wants out. But shares are lower than the price paid. It will lose money selling shares. Q Lose money? A Yes but the chancellor and Rothschild say that overall the government will make money by selling [...]
Mulberry’s boss says a recovery is within reach June 11, 2015 MULBERRY’S new chief executive Thierry Andretta said yesterday that he was confident Mulberry could return to its former heights or “do better” after an ill-fated move upmarket led to a 74 per cent fall in annual profits. The luxury leather goods-maker has taken steps to repair the brand and win back shoppers by launching more [...]
Weak electricals market hurts sales at Argos June 11, 2015 SHARES in Home Retail Group rose three per cent yesterday after the Argos owner said it was upbeat on prospects for the second half of the year, despite a decline in sales. Like-for-like sales at Argos declined 3.9 per cent to £846m over the 13 weeks to the end of May, after weak demand for [...]
