Verheijen hopes for Wales job December 11, 2011 Wales assistant manager Raymond Verheijen hopes the leadership of the national side will be decided today by the Football Association of Wales. Gary Speed’s death last month has left Wales without a manager and Dutchman Verheijen has expressed an interest in completing the job Speed had started. “Tomorrow FAW meet about future of Wales,” he [...]
Farrell won’t rely on nepotism December 11, 2011 Saracens fly-half Owen Farrell admits he must earn the right to represent his country rather than rely on nepotism after his father Andy was appointed as an interim England coach last week. Owen, who kicked 16 points and was also sent to the sin-bin in his side’s 31-26 Heineken Cup win over Ospreys at Wembley [...]
Top Trump too good for Allen December 11, 2011 England’s Judd Trump beat Northern Ireland’s Mark Allen 10-8 to clinch his first UK Championship title in York last night. He said: “It’s a brilliant feeling and it’s been a brilliant week. After losing at the World Championship and to come to this event and win in the way I did is just brilliant.”
Markets choppy as Europe rift widens December 9, 2011 The FTSE began to slip this morning as investors digested the impact of a new Eurozone agreement over fiscal integration which was shunned by Britain. Britain torpedoed the chances of a consensus as Prime Minister David Cameron refused to accept plans for a financial transactions tax that would clobber the City. Three French banks were [...]
Trade deficit narrows as exports hit record high December 9, 2011 Britain’s trade deficit narrowed at its fastest pace since records began in October, as the value of exports hit a record high, official data showed. The figures provide a glimmer of hope for Britain’s flagging economy, but are unlikely to alter expectations that the Bank of England will have to inject more stimulus to support [...]
UK shuns Eurozone agreement December 9, 2011 Europe divided in a historic rift over building a fiscal union to preserve the euro, with a large majority of countries led by Germany and France agreeing to move ahead with a separate treaty, leaving Britain isolated. Twenty-three of the 27 leaders agreed to pursue tighter integration with stricter budget rules for the single currency [...]
Toyota halves profit forecast December 9, 2011 Toyota has cut its profit forecast for this business year by more than half as it continues to suffer from a stronger yen and widespread output disruptions due to Thailand’s floods. Toyota is poised for a record year in production next year, as it rebuilds inventories and puts behind it the natural disasters in Japan [...]
Moody’s downgrades three French banks December 9, 2011 Ratings agency Moody’s downgraded the debt of BNP Paribas, Societe Generale and Credit Agricole saying their creditworthiness was being hurt by the fragile operating environment for European banks. Moody’s cut its ratings on the long-term debt of BNP and Credit Agicole by one notch to Aa3, concluding reviews that began in June and were continued [...]
Cameron’s Euro make or break December 8, 2011 PRIME Minister David Cameron was under growing pressure to deliver on his promise to repatriate powers from Brussels last night as Eurozone leaders argued over the terms of their bailout fund. Cameron has come under fire for giving mealy-mouthed promises on the powers he aims to return to Westminster. He told reporters: “These are important [...]
Fight Tobin tax in court, say banks December 8, 2011 BANKERS are urging top-level British diplomats in Brussels to threaten the EU with a legal challenge if it tries to introduce a Tobin tax. City A.M. understands that Prime Minister David Cameron’s negotiating team has solicited ideas from senior City figures on what powers could and should be brought back to the UK. In response, [...]
