City workers turning to careers in teaching March 5, 2010 RECORD numbers of City workers are retrain as teachers in the wake of the financial crisis, new figures have shown. Data from the Government’s Training and Development Agency for Schools revealed that there has been a 23 per cent surge in the number of applicants to teacher training courses in London Luke Graham from the [...]
Iceland economy returns to growth after banking meltdown March 5, 2010 ICELAND’S economy grew by 3.3 per cent in the last quarter of 2009 but contracted by 6.51 per cent over the whole of last year, according to official data. The figures were released as the country was poised a referendum on plans to repay the UK and the Netherlands debts owed from the collapse of [...]
Port of London in worst trading for 18 years March 5, 2010 The Port of London had its worst year for trade since 1992 last year. Terminals handled 45.4m tonnes of cargo in 2009 – 14 per cent less than in 2008. The most significant decline was with containers and lorry trailers – which were down 16 per cent. Port of London Authority chief executive Richard Everitt, [...]
Glencore buys back mine from Xstrata March 5, 2010 SWISS-based commodity trader Glencore has bought back its Prodeco coal operations in Colombia from mining group Xstrata. The purchase price still has to be finalised as it is partly based on capital Xstrata spent on the mines and Prodeco’s earnings. Analysts estimate it will be around $2.5bn (£1.8bn). Xstrata chief executive Mick Davis said: “The [...]
M&B finance chief to join Rentokil March 5, 2010 THE finance director of pub group Mitchells & Butlers (M&B) is leaving to join Rentokil. Jeremy Townsend will leave to become chief financial officer of the pest control and parcel delivery goods group within six months. He took over as finance director of M&B in January 2008 M&B chief executive Adam Fowle said: “Jeremy has [...]
WPP profits plunge in “brutal” year March 5, 2010 ADVERTISING giant WPP saw pre-tax plunge by 11 per cent to £663m last year. Like-for-like revenues fell by 8 per cent as Sir Martin Sorell’s company suffered what it branded a “brutal year”. But the company said the economic environment was improving and like-for-like revenue in January was stable. “We seem to have moved from [...]
RFU shrug off Haskell row March 4, 2010 ENGLAND chiefs have attempted to distance themselves from the escalating row with Stade Francais over James Haskell’s availability, insisting the disagreement is solely between the player and his club. Stade Francais officials have repeatedly called on the Rugby Football Union to release the flanker from England’s Six Nations squad so that he can play in [...]
Shaw and Armitage losing fitness race March 4, 2010 ENGLAND coach Martin Johnson admits Simon Shaw and Delon Armitage are both unlikely to be fit for the Calcutta Cup clash with Scotland at Murrayfield next Saturday. Lock Shaw was carried off after just four minutes of England’s 20-16 defeat to Ireland at Twickenham last weekend, while full-back Armitage suffered rib cartilage damage. Both underwent [...]
Racing track legend Schumacher is special, admits star-struck Hamilton March 4, 2010 LEWIS HAMILTON admits he was in awe of Michael Schumacher when the pair locked horns for their first battle in testing last week. The British former world champion will fulfil a dream and go wheel-to-wheel with Schumacher this season after the 41-year-old agreed to come out of retirement to drive for Mercedes. McLaren star Hamilton, [...]
Slump in results is not to do with form March 4, 2010 ONE win in five games may point to a dip in form for our Saracens boys, but just because you’re on a losing streak, it doesn’t mean to say you’re playing badly, and I’m not worried at all by our current plight. Earlier in the season we were winning matches by the odd couple of [...]
