FOOTBALL | IN BRIEF January 21, 2010 Two come in for Kjaer ITALIAN club Palermo claim two English clubs have made an offer for Danish defender Simon Kjaer, 20. “We have received four offers – two from Germany, two from England,” said president Maurizio Zamparini. “We hope to keep him.” Manchester City, Manchester United and Tottenham are all interested. Rivals lock horns [...]
Clive Owen proves that he’s the daddy January 21, 2010 Film THE BOYS ARE BACK Cert: 12A NOTHING to do with Thin Lizzy (sadly), this adaptation of Simon Carr’s memoir stars Clive Owen as Joe, a macho Brit sports journalist living in happy isolation on the Australian coast with his wife and young son, whose cosy idyll is swept away by her sudden death from [...]
ALSO OUT THIS WEEKEND January 21, 2010 FILM BROTHERS Powerful post-Afghanistan drama with Toby Maguire, Natalie Portman and Jake Gyllenhal. A PROPHET Stunning French film about an Arab man who becomes a kingpin in a French prison. BROTHERS Heist movie about security guards who turn robbers, with Matt Dillon and Jean Reno. DVD (500) DAYS OF SUMMER Hit indie rom-com, with Zooey [...]
FTSE hits a one-month low as financial stocks plummet January 21, 2010 ASHARP retreat in miners on sinking metal prices and worry about a tax from Australia and weakness in banks on fears about US curbs pushed Britain’s top share index 1.6 per cent lower by the close on Thursday. The FTSE 100 index ended 85.70 points lower at 5,335.10, its lowest since 22 December. The index [...]
Wall St recoils over Obama bank plans January 21, 2010 US stocks suffered their worst one-day percentage drop since October yesterday as US President Barack Obama proposed tough restrictions on banks that would squeeze profits. Major banks slid, with Goldman Sachs falling 4.1 per cent despite posting stronger-than-expected fourth-quarter results, and JPMorgan Chase shed 6.6 per cent, after Obama proposed limiting how banks invest their [...]
EX-BANKING HOTSHOTS DON’T HOLD A GRUDGE January 21, 2010 ON the face of it, you’d have thought there would be a good deal of simmering resentment beneath the surface of the outward relationship between Sir James Sassoon – the investment banker-turned-Treasury finance guru-turned-Tory bank adviser – and Financial Service Authority (FSA) chief Hector Sants. Sassoon last year caused a storm when he authored that [...]
Car sales plunge despite scrappage scheme January 21, 2010 CAR production plunged last year despite a late surge fuelled by the Government’s scrappage scheme. Many companies cut back on manufacturing early in the year as recession-hit Brits cut back. Honda was one of the companies badly hit – reducing production at its plant in Swindon, Wiltshire, for four months from February. The introduction of [...]
Tube strike over Jubilee line pay row January 21, 2010 LONDON Underground maintenance workers on the Jubilee Line are to stage a series of 24-hour walkouts in a row over pay. Members of the Rail Maritime and Transport union (RMT) employed by Alstom on the Jubilee line will walk out from 7.29pm next Wednesday. They will also strike each Sunday evening at the same time [...]
Rusal raises $2.2bn with Hong Kong listing January 21, 2010 RUSSIAN aluminium giant Rusal has sold $2.2bn (£1.36bn) of shares in a public listing in Hong Kong. Rusal sold 1.61bn shares at 10.80 Hong Kong dollars (86 pence) each. Shares in the company will start trading on 27 January. Rusal, which is the first Russian company to list in Hong Kong, is controlled by the [...]
Fraud costs UK economy £30bn a year January 21, 2010 FRAUD costs the UK £30bn every year – more than double previous estimates. The total equates to £621 per adult in the UK, according to the annual report buy the National Fraud Authority. A massive 58 per cent of fraud was in the public sector at a cost of £17bn. False insurance claims cost the [...]