Next buoyed by home shopping November 2, 2011 Retailer Next kept its full-year profit forecast on Wednesday, after a fall in third-quarter sales at its high street business was offset by strong growth from its Directory home shopping business. The firm, which runs over 500 stores in Britain and Ireland as well as the Directory operation, said total sales, excluding VAT sales tax, [...]
Standard Chartered on track for ninth year of record earnings November 2, 2011 Standard Chartered said its nine-month underlying profit grew at a double-digit rate, helped by a strong showing in markets including Hong Kong, putting the Asia-focused bank on track for a ninth straight year of record earnings. The UK bank’s business update comes on the same day lenders Westpac Banking Corp of Australia and DBS of [...]
Lloyds chief Horta-Osorio to take leave on health grounds November 2, 2011 Antonio Horta-Osorio is taking a break from his role as chief executive of part-nationalised British lender Lloyds Banking Group for health reasons, a source with knowledge of the matter told Reuters. The source said Horta-Osorio’s decision followed medical advice from doctors, but added that he was expected back at work before the end of the [...]
Why the Archbishop has got it wrong November 2, 2011 I must confess that I’m glad not to be a member of the Church of England, an institution that has been hemorrhaging members ever since anybody can remember. While I have the deepest respect for the remaining band of Anglican churchgoers (though not for the CoE’s leadership), I can’t say I’m surprised by the Church’s [...]
PAKISTAN TRIO GUILTY November 1, 2011 Former captain Butt and bowlers Asif and Amir face prison after being found guilty of spot-fixing offences DISGRACED Pakistan cricketers Salman Butt, Mohammad Asif and Mohammad Amir face the prospect of up to seven years behind bars after they were all found guilty yesterday of spot-fixing during last summer’s tour of England. Former Test captain [...]
Guilty verdict must trigger change November 1, 2011 IT’S CERTAINLY no exaggeration to hail yesterday’s dramatic events at Southwark Crown Court as a watershed and landmark moment in cricket’s rich history. The guilty verdicts handed down to Salman Butt and Mohammad Asif – allied to the news that Mohammad Amir had admitted wrongdoing back in September – must surely act as the ultimate [...]
Police begin Terry race investigation November 1, 2011 THE METROPOLITAN Police have launched a formal investigation into allegations Chelsea skipper John Terry racially abused Anton Ferdinand after spending a week assessing a complaint from a member of the public. The move means the Football Association’s own investigation into the incident, which is alleged to have taken place during QPR’s win over Chelsea last [...]
Edwards puts RFU on red alert November 1, 2011 WASPS head coach Shaun Edwards is set to leave the Premiership club before the end of the week, putting England and his other suitors on red alert. Edwards’ future at the club had been in doubt after he recently revealed that he expected to return from the World Cup, where he helped Wales to a [...]
BELGIAN STRUGGLE November 1, 2011 GENK (1) vs CHELSEA (1) ● Chelsea condemn Ferdinand fan chants ● Luiz misses penalty as Chelsea blow lead ● Cech admits Blues must qualify hard way CHELSEA goalkeeper Petr Cech admitted his side will have to seal qualification for the knockout stages of the Champions League the hard way after they threw away a [...]
Van Persie gamble backfires as Gunners fire blanks November 1, 2011 ARSENAL (0) vs MARSEILLE (0) ARSENAL manager Arsene Wenger admitted the emotional effects of Saturday’s win over Chelsea played a part in his side’s failure to secure qualification to the knockout stages of the Champions League following last night’s stalemate against Marseille. Wenger opted to rest captain and top scorer Robin van Persie and the [...]