FSA finds positive horse meat tests as more companies drawn into scandal February 15, 2013 The Food Standards Agency said this afternoon it had found 29 positive tests for horse meat after demanding samples from UK retailers. In a scandal that is spreading across Europe, the agency said this afternoon it had conducted 2,501 tests, 2,472 of which had come back negative for horsemeat levels above one per cent, with [...]
Mixed mining shares weigh on FTSE February 15, 2013 The blue chip index edged down in early deals after a mixed performance from headline mining shares. Anglo American was the biggest riser, adding more than three per cent in early deals, despite it posting a sharp drop in 2012 earnings as it was hit by last month’s $4bn write-down on Brazilian project Minas Rio. [...]
Retail sales fall unexpectedly in January February 15, 2013 UK retail sales slumped unexpectedly in January, as snowfall kept consumers at home. Sales including fuel fell 0.6 per cent month on month from December, according to official figures from the Office for National Statistics. On an annual basis, retail sales slumped 0.6 per cent in January. The ONS said that the food sector suffered [...]
Severn Trent on target for full year February 15, 2013 Utility Severn Trent this morning reiterated its full-year outlook, adding that trading in its regulated business had been largely as expected since October. Total revenue is expected to be in line with market expectations, Severn Trent said, although operating costs are expected to rise year on year. “We continue to forecast a bad debt level [...]
Profit leaps at LCH Clearnet February 15, 2013 Clearing house LCH Clearnet this morning posted an 89 per cent rise in full-year operating profit as revenue jumped 24 per cent. The London and Paris-based clearing house, which the London Stock Exchange (LSE) is due to take a majority stake in by the end of February, said annual operating profit came in at €127.5m [...]
Anglo American swings to loss on Minas Rio write-down February 15, 2013 Miner Anglo American this morning posted a sharp drop in 2012 earnings, hit by tumbling earnings from all core units and by the write-down on the Minas Rio project in Brazil. Underlying annual earnings plunged to $2.84bn (£1.83bn), a 54 per cent drop from the $6.12bn in 2011. The FTSE miner swung to a $1.5bn [...]
Blade Runner charged with shooting model girlfriend dead February 14, 2013 PARALYMPIC star Oscar Pistorius is due to appear in court today charged with the Valentines Day murder of his model girlfriend after she was shot dead at his home in South Africa early yesterday morning. Pistorius – dubbed Blade Runner for his trademark prosthetic legs – was arrested at his luxury home in a gated [...]
Brilliant Bale brace hands Spurs crucial first-leg advantage February 14, 2013 TOTTENHAM HOTSPUR 2 vs OLYMPIQUE LYONNAIS 1 WINGER Gareth Bale scored two stunning free-kicks to earn Tottenham victory in their Europa League last 32, first leg clash last night and the Wales star insisted: it was no fluke. Bale showcased his talent with two perfectly executed dead ball strikes, either side of Samuel Umtiti’s blistering [...]
Oscar rescues Blues as Torres angst persists February 14, 2013 SPARTA PRAGUE 0 vs CHELSEA 1 CHELSEA substitute Oscar spared Fernando Torres’ blushes by firing a late winner in last night’s Europa League last 32, first leg clash at Sparta Prague. Torres, who has scored just once in 13 games, missed a host of chances before Brazil midfielder Oscar started and finished a slick move [...]
Allianz Park will take Sarries to a whole new level, says Strettle February 14, 2013 SARACENS winger David Strettle believes the official opening of the club’s new £20m Allianz Park home tomorrow marks the dawning of a new era for one of English rugby’s biggest clubs. After 15 years of sharing a ground with Watford at Vicarage Road, Sarries have relocated to their new development on the site of the [...]
