Terry steps closer to first-team return January 10, 2013 CHELSEA captain John Terry last night handed the club a timely boost by returning from a two-month absence in an under-21 fixture against Fulham. The defender, out injured since 11 November, played 45 minutes in a 2-0 win, just 24 hours after the club’s shock Capital One Cup defeat at home to Swansea. Terry, 32, [...]
Irish still in line for final eight spot January 10, 2013 RUGBY UNION: London Irish kept alive hopes of reaching the quarter-finals of the Amlin Challenge Cup as two tries from scrum-half Jack Moates beat Mont de Marsan 20-14, moving Irish three points off the top of Pool A.
Defender Shaw to stay with Saints January 10, 2013 FOOTBALL: Arsenal target Luke Shaw has committed his future to current club Southampton. The highly-rated 17-year-old defender is set to sign a five-year deal with the south coast club when he turns 18 on 12 July.
Bank of England leaves quantitative easing on hold January 10, 2013 The Bank of England’s Monetary Policy Committee voted as expected today, and left the asset purchase programme unchanged at £375bn. The nine-member committee also voted to keep the main interest rate at 0.5 per cent. Worries about Britain’s stubborn inflation are likely to have dissuaded policymakers from taking further action this month, while they await [...]
FTSE 100 edges up as retailers in spotlight January 10, 2013 After hitting a four-year high during trading yesterday, the FTSE 100 continued its momentum this morning and was trading modestly up, with supermarket giant Tesco an early leader. This morning the supermarket posted its strongest UK growth over three years, as it said like for like UK sales were up by 1.8 per cent over [...]
Chinese exports rebound in December January 10, 2013 Chinese export growth rebounded in December to a seven-month high, adding to optimism that the world’s second-largest economy is heading for a recovery. Data this morning showed that the value of China’s exports rose by 14.1 per cent last month compared with the previous month, which was way beyond analysts’ expectations. Imports grew by six [...]
Rolls-Royce appoints lawyer to lead ethics review January 10, 2013 Rolls-Royce has appointed Lord Gold to lead a review of its compliance procedures, following allegations of corruption in its overseas operations. Lord Gold, a solicitor at law firm Herbert Smith for 37 years, will report to the ethics committee of the board. “He is one of the UK’s most senior litigators and has extensive experience [...]
Stats office rejects RPI change January 10, 2013 The way that the Retail Prices Index (RPI) measure of inflation is calculated will be left unchanged, the Office for National Statistics has said. Following a three-month consultation over how RPI is calculated, Jil Matheson, the government’s top statistical adviser, said that the existing RPI index did not meet current international standards but it would [...]
Tesco enjoys Christmas sales boost January 10, 2013 Supermarket giant Tesco this morning posted its highest UK sales growth in three years over the Christmas period, as its turnaround plan is starting to kick in. Like for like UK sales grew by 1.8 per cent in the six weeks to 5 January, driven by a strong performance from its food division and from [...]
On the rack January 9, 2013 MARKS & Spencer was hit by a worse-than-expected drop in general merchandise sales over the Christmas quarter, the retailer was forced to reveal last night after figures were leaked after trading hours. Britain’s biggest clothing retailer said like-for-like sales at UK stores open for more than a year fell 1.8 per cent in the 13 [...]
