City retain title challenge with tense triumph March 4, 2015 MANCHESTER City stayed on Chelsea’s tails with a nervy 2-0 victory over Premier League basement side Leicester to complete a midweek programme in which all the top seven won. Goals at the end of each half from midfielders David Silva and James Milner ensured City stayed five points behind the leaders, although the champions were [...]
Lancaster: You’re playing for your World Cup spots March 4, 2015 ENGLAND head coach Stuart Lancaster has reminded his squad that they are playing not just for long-awaited Six Nations glory but also their Rugby World Cup places. A chastening defeat to championship leaders Ireland in Dublin on Sunday has left Lancaster needing to conjure a strong response from his team when Scotland visit Twickenham next [...]
Premier League: Arsenal find touch of quality to post fourth successive league win March 4, 2015 QUEENS PARK RANGERS 1 ARSENAL 2 ARSENAL boss Arsene Wenger insisted his side rediscovered their customary flourish in the second period of their clash with QPR at Loftus Road last night to record a fourth successive Premier League win. France striker Olivier Giroud notched his fifth strike in as many games, taking his season’s tally [...]
Sotherton gold medal found in nearby postbox March 4, 2015 BRITISH heptathlete Kelly Sotherton has been reunited with a stolen Commonwealth Games gold medal less than 48 hours after making a television appeal for the missing item. A postman found the medal yesterday in a pillar box near Sotherton’s home in Sutton Coldfield, West Midlands, which was burgled last month. The discovery came after a [...]
UK sells off £750m stake in Eurostar in boost to George Osborne’s “long-term economic plan” March 3, 2015 The government is set to sell its stake in Eurostar for £757.1m as part of the coalition’s pledge to raise £20bn from asset sales by 2020. A consortium comprising Canadian pension fund Caisse de Depot et Placement du Quebec and British fund Hermes Infrastructure will buy the UK’s 40 per cent stake in the rail [...]
Barclays’ investment bank under strain after profits fall to £1.3bn March 3, 2015 Barclays’ investment bank was the worst-performing unit in the business last year, and could face further cuts if it does not improve quickly. The unit’s profits dived 31 per cent to £1.3bn, the bank’s financial results showed yesterday. And its return on equity fell to 2.7 per cent – far below the 11.9 per cent [...]
Thirteen arrested by fraud squad at Heron Tower March 3, 2015 A FINANCIAL services firm based in the Heron Tower had its offices raided by the police’s fraud squad yesterday, resulting in 13 employees being arrested. City of London police confirmed that 13 workers – 10 men and three women – were arrested on suspicion of fraud by false representation, conspiracy to defraud, and money laundering. [...]
Bank of England’s forex boss Martin Mallett broke rules 20 times March 3, 2015 The sacked Bank of England official who failed to tell bosses about the possibility of foreign exchange benchmark manipulation also failed to act properly a score of other times, Mark Carney said yesterday. Martin Mallett lost his job as chief currency dealer last year after the discovery that he did not escalate his concerns to his [...]
Athens set to raid pension funds to make ends meet this month March 3, 2015 Greece could raid the cash reserves of pension funds and public sector entities in a bid to cover its funding needs this month. Athens – which has monthly needs of about €4.5bn (£3.27bn), including a wage and pension bill of €1.5bn – is running out of options to fund itself despite a deal with the [...]
Denmark spent £17bn to defend peg in February March 3, 2015 THE AMOUNT of foreign currency held by Denmark’s central bank has hit record levels, the bank said yesterday. The bank is doing everything it can to maintain a constant exchange rate between the Danish krone and the rapidly weakening euro – a peg which has been in place for decades. The bank buys foreign currencies [...]
