Quins make it nine from November 27, 2011 Premiership leaders Harlequins moved nine points clear of second placed Saracens with a 39-8 home win over Newcastle, their ninth consecutive victory this season. Seb Stegmann and Danny Care went over in the first half with Jeremy Manning responding. Luke Wallace crossed for Quins’ third try and Mike Brown’s effort added the bonus point, before [...]
BAA appeals to airlines to slash passengers as Heathrow strike looms November 25, 2011 Heathrow airport operator BAA has asked airlines to halve the number of international passengers arriving into the UK on 30 November, when border staff strike over pensions. BAA, owned by Spanish infrastructure group Ferrovial, on Friday warned of significant disruption to passengers arriving at Heathrow next Wednesday with delays that could last up to 12 [...]
Fuller’s upbeat as London defies downturn November 25, 2011 Pub company Fuller Smith and Turner said it has experienced growth in all parts of its business, as its London focus gave it resilience to the economic downturn. Although pub popularity has been very unpredictable, company chairman Michael Turner said in an interview with Reuters, Fuller’s – which has a portfolio of 362 pubs and [...]
Fuller’s grows despite economic downturn November 25, 2011 British brewer and pub chain Fuller’s has reported growth in all parts of its business despite the economic climate, putting its success down to its London focus. Fuller Smith and Turner, whose most famous brand is London Pride, reported pre-tax profits of £16.5m in the six months to October, up five per cent on the [...]
Moody’s cuts Hungarian debt rating to junk November 25, 2011 Hungary’s debt has been rated as junk by Moody’s in a move the country’s Economy Ministry said was “professionally unfounded”. Moody’s cut Hungary’s rating to Ba1 with a negative outlook, citing levels of debt, poor prospects for growth and a lack of credibility to the government’s fiscal policy. Last week Hungary returned to the IMF [...]
Italian bond sale sees record yields November 25, 2011 Italy has managed to sell all €8bn (£6.85bn) of the six-month government debt it offered at auction, but at almost twice the rate of its previous sale. The country was forced to offer 6.50 per cent interest on its bonds, up from 3.53 per cent in October, a record for this length of bond in [...]
FTSE slump continues as Germany digs in November 25, 2011 THE FTSE 100 continued to fall this morning as Germany’s refusal to agree to a common Eurozone bond to shore up the bloc’s finances further drained investor confidence. London’s blue chip index posted its ninth successive day of falls yesterday and has dropped 7.5 per cent in the period – the longest losing streak since [...]
Blacks Leisure issues profit warning November 25, 2011 outdoor goods retailer Blacks Leisure said it expected full-year results to be below expectations after trading conditions weakened further in the last few weeks. “The group is experiencing lower than expected sales and has been taking action to manage margins in order to drive sales,” it said. Blacks reiterated that it required additional funding. It [...]
Shore Capital admits it may suffer full year loss November 25, 2011 Shore Capital, one of Britain’s smaller investment banks, said it could make a loss for 2011 due to the tough market conditions and a writedown on its holding in Puma Hotels which has been embroiled in a dispute with a Spanish group. Both bulge-bracket and smaller, boutique investment banks have been hit by the market [...]
Becker: Scrap unfair tax or more stars will shun UK November 24, 2011 FORMER Wimbledon champion Boris Becker has called on the government to scrap “unfair” tax laws for foreign players, or risk more of the world’s top sportsmen boycotting British events. Tennis star Rafael Nadal has already cancelled his annual appearances at Queen’s Club in protest at the controversial levy, while Olympic sprint champion Usian Bolt has [...]
