Zara and Toytown to showcase Olympic flame at Cheltenham May 21, 2012 THE QUEEN’S granddaughter Zara Phillips is due to carry the Olympic torch on horseback tomorrow when the London 2012 flame arrives at Cheltenham Racecourse. Phillips and Toytown, who together won the Eventing World Championship in 2006, will ride Cheltenham’s finishing straight before lighting a cauldron. Her participation will mark the end of day five of [...]
Drog days are over: Blues star nears exit May 21, 2012 CHELSEA look to have lost their battle to keep Champions League hero Didier Drogba after the striker told team-mates he has decided to end his eight-year stint in west London. Ivory Coast star Drogba’s most likely destination is believed to be ambitious Shanghai Shenhua, who lured his former colleague Nicolas Anelka from Stamford Bridge during [...]
Nadal rewrites history in Rome May 21, 2012 TENNIS: World No2 Rafael Nadal claimed a record sixth Rome Masters title with a straight-sets win over Novak Djokovic. King of clay Nadal beat the planet’s top-ranked player 7-5, 6-3 in a final postponed from Sunday due to bad weather.
Adebayor keen to seal Spurs move May 21, 2012 FOOTBALL: Manchester City striker Emmanuel Adebayor wants to make his loan switch to Tottenham permanent, despite Spurs missing out on Champions League qualification. Adebayor, who scored 18 goals in 37 games last season, wrote on Twitter: “Loved my spell at Tottenham. We are working hard with the chairman to make it permanent.”
Kearney crowned Europe’s best May 21, 2012 RUGBY UNION: Leinster and Ireland full-back Rob Kearney has been recognised for his Heineken Cup winning exploits by being named European player of the year. The 26-year-old saw off competition from team-mate Jonny Sexton, ex-England fly-half Jonny Wilkinson and Ulster pair Stephen Ferris and Ruan Pienaar.
Thumbs down for Facebook May 21, 2012 FACEBOOK shares plunged on their second day of trading yesterday as traders rejected the social networking giant’s much-hyped flotation. Facebook shares sank by five per cent in pre-market trading, opening at $36.53 before dipping by as much as 14 per cent to a low of $33. The shares eventually settled at $34.03, a drop of [...]
Critics say Bank probe too limited May 21, 2012 AN investigation into the Bank of England’s performance in the financial crisis will be too limited in scope and has come too late to influence a massive shake-up of financial regulation, prominent MPs said yesterday. The Bank announced three new reviews covering its emergency support to RBS and Lloyds, the liquidity it provided to the banking [...]
Coalition split over report into slashing regulations May 21, 2012 BUSINESS minister Mark Prisk was forced to defend the hard-hitting Beecroft report yesterday, after its proposals to slash red tape were attacked by both Labour and the coalition’s own business secretary Vince Cable. A leak of the government-commissioned report prompted the Department for Business, Innovation and Skills (BIS) to publish it earlier than planned, revealing [...]
Research that shows why lower taxes are good for growth May 21, 2012 IT is often wrongly asserted that there is no evidence that high levels of tax and public spending have a negative effect on economic growth. Whether the state spends and taxes 30 per cent of GDP or 50 per cent is irrelevant, it is argued, and should merely be seen as a question of taste. [...]
Parliamentary probe turns eye to Jeremy Hunt May 21, 2012 JEREMY Hunt came under renewed pressure yesterday as the parliamentary watchdog launched an investigation into claims that the culture secretary failed to declare donations from media companies. Hunt has been in the firing line since emails released to the Leveson inquiry earlier this month suggested he supported News Corp’s takeover bid for BSkyB while supposed to [...]