Essex batsman Lawrence, 17, hits maiden ton and re-writes history April 28, 2015 TRAIL-BLAZING teenager Dan Lawrence became the youngest Essex batsman to score a championship century when he reached his maiden hundred on day three of his side’s clash with Surrey at the Kia Oval yesterday. Lawrence, aged 17 years and 290 days, was playing just his second first-class fixture and brought up the three-figure milestone by [...]
Yanis Varoufakis out, Euclid Tsakalotos in: Markets cheer Greek shake-up as maverick’s influence wanes April 27, 2015 Investors lifted markets across Europe yesterday as the Greek government decided to bulk up its bailout negotiation team and lessen the influence of maverick finance minister Yanis Varoufakis. The government will create a new political team headed by Oxford-educated alternate foreign minister Euclid Tsakalotos. Manchester University professor George Chouliarakis will also take a more central [...]
Meet Athens’ new kid on the block April 27, 2015 EUCLID TSAKALOTOS is a fellow Greek economist and government colleague of Yanis Varoufakis – pictured earlier this month hitching a ride on the finance minister’s motorbike after a crunch meeting in Athens. Tsakalotos is seen as a more quietly-spoken and diplomatic character than Varoufakis, whose style has riled some fellow Eurozone ministers. As the head [...]
Apple sales soar on back of China growth: Profits rise despite decline in iPad sales April 27, 2015 Apple has reported a 27 per cent increase in revenue to $58bn (£38bn) for the second quarter, boosted by strong demand in China. Sales in China alone rose 71 per cent to $16.8bn, helping the smartphone giant rake in profits of $13.6bn, up from $10.2bn last year. The firm sold 61.2m iPhones during the period, [...]
Bank holiday cancelled: RBS branches stay open on Monday April 27, 2015 Bank holidays could soon be a relic of a bygone age of short opening hours and inconvenient service, as RBS plans to open dozens of branches this Monday. As internet and mobile banking have taken off, branch use has plummeted, prompting banks to try to make access to their expensive high street sites more convenient. [...]
Tories embarrassed as list of backers contains flaws April 27, 2015 TORIES were left red-faced yesterday after a letter aimed at showing party support from 5,000 small business owners was exposed as a Conservative Party campaign which included dozens of duplicated names and one company that denied signing it. The letter, which warned that a change of government would be “far too risky” for business leaders’ [...]
Election Sketch: Call me bloody lively, says Dave April 27, 2015 DAVID Cameron was in the City yesterday morning, and he bounded on to a stage to announce that he was “pumped up”. He was speaking to an audience of small business owners, trying to convince them that he is on their side – as well as trying to convince the broader electorate that he is [...]
General Election 2015: Icap CEO Michael Spencer wants a balanced immigration policy and an end to wealth creator persecution April 27, 2015 ELECTION COUNTDOWN: 9 DAYS TO GO Every day until the final week of the election campaign, we ask a business leader to say what policies would entice them to vote for a particular party. MICHAEL SPENCER: CHIEF EXECUTIVE, ICAP ■ Focus on the Economy Since 2010 the UK economy has done much better than [...]
Deutsche Bank’s Anshu Jain takes responsibility for Libor rigging scandal but won’t quit April 27, 2015 One of Deutsche Bank’s co-chief executives yesterday said he takes responsibility for the Libor fiddling that took place in London on his watch. But Anshu Jain said that he will not resign. The bank has disciplined or fired everyone who it believes is responsible, and has been told to sack another seven staff identified by [...]
David Cameron says Libor scandal bank fines will help fund £200m apprenticeship plan for the unemployed April 27, 2015 David Cameron is to announce today a £200m fund aimed at creating 50,000 new apprenticeships for young unemployed people. Money from Libor fines is being used to create the three year fund, which is part of the Conservatives’ plan to abolish long-term youth unemployment, a spokesperson said. “It all comes back to our values: being [...]
