Ameobi denies Sunderland as tempers flare March 4, 2012 NEWCASTLE manager Alan Pardew blasted Sunderland’s Lee Cattermole after Shola Ameobi’s stoppage-time equaliser snatched the Magpies a 1-1 draw in a feisty Tyne-Wear derby. Ameobi atoned for Demba Ba’s 83rd-minute penalty miss and cancelled out the first-half spot-kick scored by Nicklas Bendtner. Sunderland saw Stephane Sessegnon sent off while Cattermole was shown a red card [...]
Kauto on track for Cheltenham March 4, 2012 Two-time winner Kauto Star’s bid for a third Cheltenham Gold Cup received a boost yesterday when he completed an encouraging canter. Trainer Paul Nicholls last week rated him only 50-50 for the race on 16 March following a fall in schooling. But he said: “All was fine. We will look to step up his work [...]
Hammers keep pace with Saints March 4, 2012 West Ham closed to within a point of Championship leaders Southampton with a 2-0 win at promotion rivals Cardiff. Captain Kevin Nolan and George McCartney scored goals in each half as the Hammers moved four points clear of third-placed Reading.
Adlington seals Olympic place March 4, 2012 Double Olympic champion Rebecca Adlington secured her spot in the British team for London 2012 with a superb display in the 400m freestyle at the national trials. Adlington was one of six swimmers to book places including Jo Jackson (400m free), Ellen Gandy and Fran Halsall (100m fly), and Daniel Sliwinski and Craig Benson (100m [...]
Hodgson keeps Sarries on track March 4, 2012 England fly-half Charlie Hodgson kicked six penalties as Saracens beat Northampton 18-12 to keep up the pressure on Premiership leaders Harlequins, who lead the table by four points. Meanwhile, Quins scrum-half Danny Care was arrested in Leeds city centre early on Sunday morning for his third alcohol-related incident in the last three months. Care, who [...]
FTSE sees banks up as Greece is saved March 2, 2012 The FTSE 100 was flat this morning and the only significant gainers were banks buoyed by further steps towards saving Greece from the financial abyss. In Wall Street and in Asia nudged up overnight as the European Central Bank’s fresh liquidity injection this week served to warm up investor sentiment. The spotlight is on the [...]
Growth in UK construction raises hopes of economic revival March 2, 2012 Britain’s construction sector grew at the fastest pace in nearly a year in February, boosting hopes that Britain’s economy will recover sooner than expected. Building firms grew more optimistic as order inflow picked up strongly and the headline Markit/CIPS construction Purchasing Managers’ Index published on Friday jumped to 54.3 from 51.4 in January, the highest [...]
Barclays taps ECB FOR £6.8bn March 2, 2012 Barclays said it tapped the European Central Bank (ECB) for 8.2 euros (£6.8bn) at its offer for ultra-cheap long-term funding this week. Barclays did not take any cash at the previous offer in December, and had indicated it had no plans to take any funds. It said on Friday the money would be used to [...]
UK “bad bank” pays back £2.1bn to taxpayer March 2, 2012 Britain’s sixth biggest mortgage provider, the “bad bank” running down the loans of collapsed UK lender Northern Rock, said it repaid £2.1bn to the government last year after its annual profits more than doubled. UK Asset Resolution (UKAR), which is running down the bad loans that were held by Northern Rock and other failed lender [...]
Credit default insurers will not pay out over Greece March 1, 2012 GREECE has not defaulted on its debts after all because the government has negotiated a “voluntary” haircut with investors, the International Swaps and Derivatives Association (ISDA) controversially ruled yesterday. As a result, €3bn (£2.5bn) in insurance contracts taken out against the risk of Greece defaulting will not be paid out, even though bondholders face heavy [...]