RAPID RESPONSES July 24, 2012 Mutual benefits [Re: It’s not all bad: Britain is becoming safer despite recession, Friday] Allister Heath is sceptical of mutuals’ ability to add something positive to the market for banking services. But the contribution of mutuals is simple – diversity. For too long, the banking sector has been dominated by a model that emphasises maximising [...]
Murray: Tears won’t return at Olympics July 24, 2012 BRITISH No1 Andy Murray has vowed to control his emotions when he returns to Wimbledon at the weekend seeking to overcome his Wimbledon final heartbreak by claiming gold at the London 2012 Olympics. The Scot broke down uncontrollably shortly after his four-set defeat to Roger Federer at the SW19 grand slam earlier this month, visibly [...]
Idowu troubled by BOA’s public injury enquiry July 24, 2012 LONDON 2012 medal hopeful Phillips Idowu is “incredibly disappointed” with the British Olympic Association over the organisation’s decision to make public their request to see his medical records. The triple jumper’s preparations for the Olympics have been an exceptionally frustrating experience during which a foot injury sustained early last month was followed by a hip [...]
Early start for London 2012 July 24, 2012 THE Olympics begin today – ahead of Friday’s opening ceremony – with a fixture between Team GB’s and New Zealand’s women’s football teams at the Millenium Stadium in Cardiff. Regardless of the outcome, Team GB will then play Cameroon, again in Cardiff, on Saturday, before Brazil at Wembley Stadium three days later. The men’s team, [...]
Bell believes batsmen hold the key to success in second Test July 24, 2012 ENGLAND’S Ian Bell concedes he and his fellow batsmen will have to be more potent if they are to save the series with victory in the second Test against South Africa. Alastair Cook’s 20th Test century proved a rare highlight when England were dismissed for 385 – a considerable contrast with South Africa’s 637-2 – [...]
Koscielny agrees Arsenal stay July 24, 2012 FOOTBALL: Arsenal defender Laurent Koscielny has agreed a new long-term contract to remain at the club. Details of its length have not been published, but he said: “I’m delighted to have reached agreement with the club.”
Bellew and Barker fights set July 24, 2012 BOXING: World-title challengers Tony Bellew and Darren Barker will respectively fight Edison Miranda and Simone Rotolo at the Alexandra Palace on 8 September. “[Miranda’s] a world-class name,” said Bellew.
EURO CRISIS BACK AS SPAIN FEELS THE HEAT July 23, 2012 Spanish 10-year yields soar above 7.5 per cent Moody’s puts Germany rating on negative outlook Short-selling bans fail to impress rattled markets THE EUROZONE crisis flared back up yesterday as Spanish and Italian government borrowing costs soared to levels not seen since the start of the year, while Germany and other safe haven nations came [...]
A cautious welcome for Kay’s stock market plan July 23, 2012 BUSINESS organisations yesterday gave a cautious welcome to a government report that recommends reducing “short-termism” in stock markets by cutting cash bonuses for executives and improving communication between shareholders and companies. In his report Professor John Kay also backs the creation of a new institutional investors’ forum that would allow disparate shareholders to work together [...]
Short-termism is bad – but so is excessive long-termism July 23, 2012 THERE are many excellent suggestions in John Kay’s review on the future of the UK equity markets. It makes sense for asset managers to be transparent about their costs, for an investors’ forum to be set up to coordinate collective action and for there to be a push to align incentives and create a culture [...]
