Johnson caps return to golf with composed WGC-Cadillac victory March 8, 2015 AMERICAN Dustin Johnson carded a three-under-par 69 in the final round to come from five shots behind to win the WGC-Cadillac Championship at Doral, Miami yesterday. Johnson, playing only his fifth event since returning to action following six months away from the game, was flawless on the back nine as he clinched a one-shot victory [...]
Following in my father’s footsteps March 8, 2015 GEOFF LESTER CATCHES UP WITH JOCKEY TOM SCUDAMORE ON THE EVE OF THE CHELTENHAM FESTIVAL TOM SCUDAMORE would concede that he was a bit-player in his first 12 Cheltenham Festivals, managing just two handicap winners from 120 rides, but the lights turned to green last year when he was on the victory rostrum three times, [...]
Cheltenham Festival fever hits the City again March 8, 2015 PATRICK CALLAGHAN REPORTS FROM UNIBET’S CHELTENHAM FESTIVAL PREVIEW EVENT AT THE BREWERY HAVING been treated to some belting stories from Arsenal legend Paul Merson, the last guest interviewed at the Unibet-sponsored City A.M. Long Lunch on Friday afternoon, those that ventured downstairs after for the Cheltenham Festival Preview were in good spirits. Chaired by Channel [...]
Heron Tower police raid: The colourful world of Chelsea FC’s forex partner CWM FX March 6, 2015 Only one company in the Heron Tower has alluded to this week’s police raid. We ask who they are… Three days ago police raided offices in the Heron Tower, hauling 13 City workers out of the building and away for questioning. The event has sent shockwaves through the Square Mile; but aside from pub gossip [...]
Moody: Leave Robshaw out for Scotland match March 6, 2015 Time to audition England captaincy alternatives, says 2003 hero Lewis WORLD Cup winner Lewis Moody has called for England captain Chris Robshaw to be omitted when his side bid to resurrect their Six Nations challenge against Scotland at Twickenham next week. Robshaw has skippered England throughout Stuart Lancaster’s tenure as head coach, although the Harlequins [...]
Eurozone: We are on the road to recovery March 5, 2015 The European Central Bank’s (ECB) landmark €1.1 trillion (£800bn) debt-buying programme will kick off on Sunday and boost Eurozone growth throughout 2015 and 2016, a confident Mario Draghi announced yesterday. ECB president Draghi and the bank’s forecasters are confident the programme – also known as quantitative easing (QE) – will be effective at rescuing the Eurozone [...]
Do not fear our new robot overlords – Editor’s Letter March 5, 2015 ARE robots coming for your job? That isn’t a premise for an episode of Doctor Who; for some City-watchers, it has become a genuine fear. On Monday, at a debate hosted by Intelligence Squared, George Magnus, formerly of UBS, was one of those arguing that professionals like lawyers and bankers should be afraid, very afraid [...]
Bank of England tight lipped on liquidity market probe March 5, 2015 Threadneedle Street was on lockdown yesterday, as Bank of England officials declined to give any details of potential fraud around its liquidity operations in the crisis years. A spokesperson for the Bank said it would not answer questions on speculation over which of the Bank’s schemes the alleged fraud relates to. “We are not getting [...]
Virgin Money eyes dividend this year as profits more than double March 5, 2015 Challenger bank Virgin Money could start paying dividends as soon as the middle of this year, chief executive Jayne-Anne Gadhia told City A.M. yesterday. Virgin announced operating profits of £121.2m for 2014, more than double the £53.4m recorded in 2013. However, its statutory profits slumped to £34m – 2014’s figures include the costs of its [...]
Economic policy must not be made by sound-bite, says Rake March 5, 2015 ECONOMIC policy must not be made by sound-bite, Confederation of British Industry (CBI) president, Sir Mike Rake, warned UK politicians last night. Speaking at the Lord Mayor’s Trade and Industry Dinner at the Mansion House, Rake said: “As the UK economic situation has improved, the political risks have increased.” Sounding a warning about the fears [...]