Watson poised for Ryder role December 12, 2012 GOLF: Veteran Tom Watson is today expected to be named US captain for the 2014 Ryder Cup at Gleneagles. Watson, 63, would be the oldest man to lead the team.
Bradford handed FA Cup reprieve December 12, 2012 FOOTBALL: Bradford have been reinstated to the FA Cup after successfully appealing their expulsion for fielding an ineligible player in the second round. Arsenal’s Capital One Cup conquerors face a replay against League One Brentford next week.
Former FSA chief joins Barclays as head of compliance December 12, 2012 Barclays has appointed former Financial Services Authority chief Hector Sants as head of compliance and government and regulatory relations. Sants, who will join the executive committee of Barclays, will report directly to chief executive Antony Jenkins. The former City watchdog boss will oversee all compliance activities across Barclays, including all regions in which the bank [...]
FTSE 100 edges up on US stimulus hopes December 12, 2012 The blue chip index ticked slightly higher in early deals this morning, staying above the important 5,900 level, underpinned by expectations of more stimulus measures from the Federal Reserve at a meeting later today. Anglo American pushed up the index in early trading. The miner added more than 1.5 per cent on the back of [...]
UK employment hits record high December 12, 2012 The number of people in work reached a record high of 29.6m over the three months to October, official data from the Office for National Statistics showed this morning. It marked an increase of 40,000 on the previous three months and a jump of almost 500,000 on the year previously. The employment rate was 71.2 [...]
Kcell raises $525m in IPO December 12, 2012 Kazakhstan mobile phone operator Kcell has raised $525m (£326m) in its London and Almaty-based IPO for parent company TeliaSonera, the company said this morning. The IPO, in which Kcell floated a 25 per cent stake, was priced at $10.50 per global depositary receipt and 1,578.68 Kazakhstan tenge per ordinary share, the company said. The price [...]
Carillion on track for year as it snaps up Canadian firm December 12, 2012 Support services firm Carillion said this morning it was on track to deliver a “robust” full-year performance, adding that the value of its pipeline is expected to be larger than previously thought by the year-end. Carillion, which maintains roads, railways and military bases, said in a trading update that revenue will be lower this year [...]
Profit edges up at SuperGroup December 12, 2012 SuperGroup, the owner of the Superdry fashion brand, this morning posted a 13 per cent rise in first-half profit, shrugging off a series of profit warnings in the previous year. Underlying pre-tax profit came in at £14.7m over the six months to October, edging up from the £13m it posted made over the same period [...]
Decline in homeownership is the result of bonkers red tape December 12, 2012 AS ever, the census is chock-a-block with fascinating statistics, including about the major demographic shifts that this country is undergoing. London has become a European version of New York, a cosmopolitan, global melting pot. It also reveals a number of worrying trends. Just 64 per cent (14.9m) of households owned their own home in 2011, [...]
Three men arrested in Libor probe December 11, 2012 THE UK fraud office yesterday stepped up the global investigation into the Libor fixing scandal by arresting three City bankers in connection with the probe. The men, aged 33, 41 and 47, were detained by the City of London police on the orders of the Serious Fraud Office in an early morning raid on three [...]
