London Sports Festival moves from 3×3 basketball success to pickleball at the City of London Corporation’s Guildhall Yard
Saints left shocked after owner Liebherr dies at 62 August 11, 2010 SOUTHAMPTON Football Club was left stunned yesterday by the death of owner Markus Liebherr, aged 62. The billionaire Swiss businessman rescued the club from the brink of extinction in July 2009 when he completed an estimated £13m takeover. No cause of death was given. Liebherr was a member of wealthy family who specialise in construction [...]
Balfour Beatty sees profit lift August 11, 2010 CONSTRUCTION group Balfour Beatty said it was well-placed to withstand public sector spending cuts as it announced an increased order book and an earnings boost from its US acquisition. The construction firm said yesterday half-year pre-tax profit rose by 32 per cent to £141m, compared with £107m in 2009. “Our strategy has been to build [...]
Breeden dumps shares in Connaught after warning August 11, 2010 HEDGE fund Breeden European Partners has sold almost half its stake in troubled social housing repairs group Connaught, after the value of its holding plunged by more than £13m in recent weeks. Breeden European had declared a stake of 13 per cent, or 18m shares, at the start of July, fuelling talk of a break-up [...]
Capital & Regional back in black August 11, 2010 UK property fund manager Capital & Regional swung to a first-half profit of £18m yesterday, after a loss of £131m a year ago, helped by higher property values and disposal of assets. The owner of leisure centres and shopping malls said it sold ten properties for £378m, with its own share accounting for £80m. However, [...]
DIY job for Berkeley chairman August 11, 2010 The boss of building group Berkeley took DIY to the extreme last year by calling in his own firm to carry out £1.32m worth of repair work on his luxury home. Tony Pidgley took advantage of the firm’s “own build scheme”, where employees can get good rates on construction work, according to the firm’s annual [...]
Grainger set to gain from slump August 11, 2010 Britain’s biggest residential landlord Grainger said yesterday it plans to cash in on the wilting housing market by buying up discount real estate. The firm, which has around £2.8bn of assets under management, bought £154.8m of properties in the past ten months, with a further £67.6m of buys in the pipeline. It sold 593 vacant [...]
Hero Gerrard saves England August 11, 2010 ENGLAND (2) vs HUNGARY (1) CAPTAIN marvel Steven Gerrard spared the blushes of both his under-fire coach and Fifa bosses last night as England came from behind to beat Hungary in their first outing since their dismal World Cup showing. The stand-in captain scored two memorable goals in the space of just four minutes as [...]
Capello: Beckham’ is “too old” to continue August 11, 2010 FABIO CAPELLO last night appeared to call time on David Beckham’s international career, admitting the 35-year-old former captain is a “little bit old”. Beckham missed the World Cup through injury but joined Capello as part of his back-up team because of the influence he has on the squad. But the Italian admitted the LA Galaxy [...]
Lerner: O’Neill quit over dispute August 11, 2010 ASTON VILLA chairman Randy Lerner yesterday claimed Martin O’Neill’s departure was down to a difference of opinion as bookies slashed the odds on Sven-Goran Eriksson to take over the reigns at Villa Park. The American tycoon revealed a disagreement over the club’s direction caused O’Neill to step down just days before the new season and [...]
Sir Alex expecting a dogfight – just to finish in the top four August 11, 2010 SIR ALEX Ferguson yesterday warned his Manchester United side to prepare for a “dogfight” this season – just to finish in a Champions League place. The wily United boss expects the likes of Tottenham, city rivals Manchester City, managerless Aston Villa, and Everton to contest a scramble for European spots this term, while he himself [...]