Beckham signs off on a high November 21, 2011 FORMER England captain David Beckham has turned his attention to resolving his future after fulfilling his ambition of leading LA Galaxy to the Major League Soccer title. Beckham (right), who helped set up the only goal as Galaxy beat Houston Dynamo in the MLS Cup final late on Sunday night, is at a crossroads having [...]
Magnificent seven for Henderson November 21, 2011 HORSE RACING: Mossley impressed on his chasing debut at Kempton to hand trainer Nicky Henderson a landmark seven winners from as many races yesterday. The five-year-old, ridden by Barry Geraghty, three more wins on the same card and three elsewhere. Henderson said: “I remember having six one Boxing Day or the day after, but we [...]
Aussies earn dramatic series draw November 21, 2011 CRICKET: Australia pulled off the highest successful run chase at the Wanderers to beat South Africa by two wickets and win the second and final Test. Debutant Pat Cummins hit the winning runs, while Mitchell Johnson was 40 not out as the tourists reached their target of 310 late on day five. Vernon Philander took [...]
LLOYDS BANK IN SCRAMBLE TO FILL VOID November 21, 2011 LLOYDS is scrambling to present a convincing new line-up of senior management after a flurry of changes at the top led analysts to label the bank “dysfunctional”. The bank rushed out an announcement on its selection of George Culmer as new chief financial officer to replace outgoing CFO Tim Tookey, who is currently also acting [...]
Moody’s warning on French outlook hits bond markets November 21, 2011 FRENCH authorities were warned yesterday that the country’s credit outlook could be hit by a sustained rise in its debt yields and lingering sluggish growth. Yields on 10-year French government debt spiked as news of Moody’s analysis spooked markets, reaching over 3.6 per cent in early trading. But yields subsided during the day, after analysts [...]
Blow for US debt pile as panel fails to make cuts November 21, 2011 PRESIDENT Barack Obama blamed political bickering for a congressional super committee’s failure to reach a deal to cut the federal deficit But he vowed to see through the automatic budget cuts that kick in by 2013 as a result of the failure to meet yesterday’s deadline. Seeking to reassure the markets, Obama said the US [...]
Indebtedness growing in UK November 21, 2011 THE UK is sinking even further into debt according to new research by consultancy firm McKinsey. McKinsey had said that a “painful” period of deleveraging could last for six or seven years following the financial crisis, cutting the debt to GDP ratio by 25 per cent. Yet an updated report is expected to show that [...]
Brownonomics makes a shock return November 21, 2011 AT one point yesterday, I had to pinch myself to make sure I wasn’t having a nightmare. Is Gordon Brown still Prime Minister, I asked myself? The reason for my madness, dear readers, was the coalition’s dreadful neo-Brownite plan to part-guarantee 95 per cent mortgages. It was the kind of policy reminiscent of tax credits [...]
Banks told to snub Iran November 21, 2011 THE TREASURY yesterday ordered all UK financial institutions to stop trading with Iran, in response to growing fears over the Middle Eastern nation’s possible nuclear arsenal. From 3pm yesterday, all UK credit and financial firms were required to halt transactions with Iranian counterparts and all their subsidiaries, including the Central Bank of Iran, under the [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 21, 2011 FINANCIAL TIMES REVIEW LOOKS TO TACKLE THE COST OF WORKPLACE ILLNESS Action to curb the financial and social costs of long term illness and make it easier for employers to get staff back to work was recommended yesterday, in a government-commissioned review of sickness absence which also urged ministers to review the generosity of public-sector [...]
