Greene: Athletes anti Olympic footy November 22, 2011 ONE of Britain’s top medal hopes has reopened the debate over whether football should be included in London 2012 by insisting the national game risks overshadowing more traditional Olympic pursuits. World 400m hurdles champion Dai Greene (inset) argues that football should be scrapped from the sporting extravaganza – and believes he has the backing of [...]
KITTED OUT | London 2012 uniforms revealed November 22, 2011 LONDON 2012 chiefs have revealed the uniform to be worn by volunteers and staff at next summer’s Olympics, which they say draws inspiration from the Grenadier Guards. Designers Adidas also cite the Henley Regatta as a reference point, while retailer Next has helped create the uniform for technical staff (above left).
Henry out of England running November 22, 2011 RUGBY UNION: New Zealand’s World Cup-winning coach Graham Henry insists he has no interest in succeeding Martin Johnson as England manager. The 65-year-old Henry stepped down after last month’s World Cup final win over France, but claims he has no intention of returning to international management. “I am contracted to the New Zealand Rugby Union until the [...]
Becks rules out Premier return November 22, 2011 FOOTBALL: Former England captain David Beckham has ruled out a return to the Premier League and revealed that several major European clubs are keen on signing him. Tottenham and QPR had previously expressed an interest in the 36-year-old, who helped LA Galaxy win the MLS Cup in his final match for them on Monday, but [...]
Lorgat to stand down in June November 22, 2011 CRICKET: South African Haroon Lorgat will step down as the International Cricket Council’s chief executive in June. The 51-year-old will have completed an eventful four-year term which has seen him counter terrorism in Pakistan and spot-fixing. “Having dealt decisively with the spot-fixing issues, delivered a highly successful ICC Cricket World Cup and adopted a new global [...]
KEY BANK REFORM SET TO BE DITCHED November 22, 2011 THE TREASURY is preparing to water down a key recommendation in the Vickers report that would protect savers in the event of a bank going bust. Investors and banks have argued that Vickers’ suggestion that retail depositors should be paid back before all other creditors if a bank collapses could risk destroying the market for [...]
Cable plans to speed up redundancy November 22, 2011 EMPLOYEES could be made redundant up to three times more quickly, under government plans to be unveiled today. Vince Cable, the business secretary, is expected to announce he will consider cutting the existing 90 day consultation period to 30 days because it is too restrictive. The proposal will be announced as part of a package [...]
JP Morgan to up LME stake November 22, 2011 JP MORGAN Chase is set to become a major player in the looming takeover battle for the London Metal Exchange after it snapped up the stake owned by failed brokerage MF Global. Last night the US investment bank was on the brink of paying £25m for MF Global’s 4.7 per cent stake from UK administrator [...]
Rights and wrongs of boardroom pay November 22, 2011 IT’S simple, really. Good bosses who improve their company and grow returns to shareholders should be rewarded and see their pay go up; bad bosses who destroy shareholder value should see their pay cut or be fired without a big payoff. That should be the culture in the City. The only exception to this rule [...]
IMF opens liquidity line November 22, 2011 THE IMF said it is establishing a flexible liquidity line that would act as “insurance against future shocks and as a short-term liquidity window to address the needs of crisis bystanders”. It would be available for six months to countries with relatively good policies that are facing short-term balance of payments needs. Access under the [...]
