Cook wants answers over snub May 28, 2012 OLYMPICS: Taekwondo star Aaron Cook has demanded the British Olympic Association probe his surprise London 2012 snub. World No1 and European champion Cook has been omitted from GB Taekwondo’s four-strong team, despite him asking them to reconsider. The BOA has power to veto governing body selections for the Games.
Match-fix probe hits Italy camp May 28, 2012 FOOTBALL: Italy’s Euro 2012 preparations have been thrown into chaos by a probe into allegations of match-fixing. Police quizzed defender Domenico Criscito at Italy’s training camp yesterday, while Lazio captain Stefano Mauri was among 14 people arrested in connection with the investigation. The probe focuses on 33 games in the last two seasons.
End in sight for consumer woes May 27, 2012 INCOME tax cuts and falling inflation will at last end the long squeeze on households and start to stimulate an economic recovery, top economists predicted this morning. After five gloomy years, consumers will see disposable incomes stabilise through 2012 and accelerate next year, Ernst and Young’s Item club believes, creating a “slow and steady recovery [...]
Greek polls: pro-bailout party ahead May 27, 2012 THE LATEST round of polling in Greece shows the country’s pro-bailout New Democracy party pulling ahead of anti-austerity Syriza shortly before new elections. Two of the five new polls out over the weekend also suggest that the pro-bailout Socialist party could get enough votes to form a majority coalition government with New Democracy after the [...]
Broker battle looms as RBS axes Hoare Govett May 27, 2012 HOARE Govett, the historic City broker recently offloaded by Royal Bank of Scotland, is on the verge of losing its mandate with the taxpayer-backed lender. RBS has begun the process of replacing the broker, which it sold for just £1 in February, as chief executive Stephen Hester shrinks its sprawling balance sheet in order to [...]
Eurozone crisis could unleash an epidemic of protectionism May 27, 2012 WHEN Lehman Brothers went bankrupt in 2008, precipitating a global recession and the unwinding of a massive credit bubble, many feared a terrified world would succumb to the siren songs of protectionism. History usually repeats itself because younger generations forget the past or believe that they are better than their forebears; and one of the [...]
Coalition hasn’t halted deluge of new rules May 27, 2012 THE UK’s law books still saw tens of thousands of amendments last year despite a government pledge to cut back red tape and create a more stable legal atmosphere, according to data out today from Sweet and Maxwell. The burden of new legislation fell by just eight per cent, with 1,727 new laws passed last [...]
WHAT THE OTHER PAPERS SAY THIS MORNING May 27, 2012 FINANCIAL TIMES Hedge fund upbeat over economy The economy is positioned for apowerful recovery in the coming years and by 2050 will overtake Germany to become Europe’s biggest, according to a leading UK hedge fund. The Eurozone crisis could be a significant boon for the country, says the London based Toscafun. Newedge to leave Greek [...]
Women overlooked by recruiters May 27, 2012 A campaign to get more women on company boards is struggling because headhunters and hiring committees are too traditional when recruiting for senior roles, according to a report out today. Last year, some of the biggest headhunters signed up to improve the gender balance in Britain’s boardrooms. But one year on, they are still holding [...]
More failed high street retailers May 27, 2012 The number of British retailers going bust jumped 38 per cent to 670 in the first quarter of 2012, up from 486 in the fourth quarter, as the country slumped to a double dip recession, according to a survey from accountancy firm Wilkins Kennedy released today. High profile casualties in the first quarter included discount [...]