Barritt: Manu loss no worry January 30, 2013 ENGLAND’S Brad Barritt insists they can overcome the absence of fellow centre Manu Tuilagi and begin their RBS Six Nations campaign with a win over Scotland on Saturday. Gloucester’s Billy Twelvetrees is tipped to replace Tuilagi when the England XV is named today and Barritt said: “Manu’s a fantastic player and an asset to any [...]
Thomson joy at 80 days feat January 30, 2013 SAILING: Record-breaking Briton Alex Thomson toasted “a dream come true” yesterday after finishing the solo, non-stop, round-the-world Vendee Globe race in third place. Thomson, 38, completed the course in a British record 80 days, 19 hours and 23 minutes, finishing two days, 17 hours and seven minutes behind French winner Francois Gabart.
Twickenham to host Sarries tie January 30, 2013 RUGBY UNION: Saracens will play their Heineken Cup quarter-final against Ulster at Twickenham, the club have announced. Sarries decided against applying for one-off permission to expand the capacity of Allianz Park for the match on 6 April. The club ofiicially opened their new Barnet home on Sunday with a 19-11 LV= Cup win over Cardiff [...]
Bank fees drive Evercore profit January 30, 2013 EVERCORE Partners quarterly profit more than doubled as the boutique investment bank earned more fees from its investment banking business. Evercore, founded as a merger and asset management firm in 1996 by former US deputy treasury secretary Roger Altman, has been aggressively hiring senior bankers as it looks to grab a bigger slice of the [...]
Cobbetts nears administration January 30, 2013 LAW firm Cobbetts, head quartered in Manchester, is set to enter administration, blaming “difficult trading conditions” for the move. The firm, which also has offices in London, Birmingham and Leeds, said it would sell off its business and assets as soon as possible. Cobbetts attempt to merge with rival law firm DWF failed last year.
Booz Allen profits drop January 30, 2013 TECHNOLOGY consultants Booz Allen yesterday reported a fall in net income to $56.2m (£35.6m) for the final three months of 2013, down from $62.9m for the same period last year. Revenue at the US business was $1.39bn, a decrease of 3.5 per cent. The company blamed “challenging market conditions for government contractors” for the fall.
PM urged to drop student immigration cap January 30, 2013 THE HEADS of five influential parliamentary committees have called on the government to remove foreign students from the target immigration level to help the economy. The group argues incomers boost trade and jobs immediately, and build good global relations over time.
HSBC on hiring spree to beef up crime team January 30, 2013 HSBC yesterday hired more ex-regulators to set up a new unit to fight crime in a drive to show it is striving to clean up its tarnished image. The bank paid fines totalling $1.9bn (£1.2bn) to settle accusations lax money laundering controls allowed drugs gangs and terrorists to funnel money through the institution. Its new [...]
Illicit cigarettes stunt Imperial Tobacco growth January 30, 2013 THE RISING black market for cigarettes in Europe has hit profits at Imperial Tobacco, the FTSE 100 giant said yesterday. Imperial said that sales of cigarettes in the EU are currently around five per cent lower than last year, as rising prices and squeezed budgets meant more people buying illegal cigarettes. “Given our ongoing investment [...]
Analyst Views | What do you think of F&C’s results? January 30, 2013 STUART DUNCAN PEEL HUNT F&C has made progress in improving flows, albeit that the headline number continues to reflect the larger strategic partner outflows. We continue to expect that earnings growth will be driven by the delivery of planned cost savings, and this is likely to drive our 2013 forecasts higher. ARUN MELMANE CANACCORD GENUITY [...]
