Awesome Kauto Star ready for crack at third Gold Cup March 12, 2012 TWO-TIME champion Kauto Star’s bid for a third Cheltenham Gold Cup has been given the green light, with trainer Paul Nicholls dispelling fears over the 12-year-old’s fitness with a ringing endorsement. Nicholls (inset) described the renowned chaser as “awesome”, “foot perfect” and “magnificent” following a schooling yesterday morning taken by jockey Ruby Walsh, who will [...]
Boardman tips Wiggins for Tour March 12, 2012 CYCLING: Three-time stage winner Chris Boardman is tipping 2012 to be Londoner Bradley Wiggins’ year in the Tour de France. Wiggins won the Paris-Nice on Sunday, and Boardman said: “This is his best ever chance to win it.”
France ring changes for Wales March 12, 2012 RUGBY UNION: Sunday’s defeat to England has prompted France coach Philippe Saint-Andre to make six changes to his squad for Saturday’s trip to Wales. Teenage back Jean-Marcellin Buttin’s inclusion is the biggest surprise.
UK INCOMES TO FALL FOR THIRD YEAR IN A ROW March 11, 2012 STUBBORNLY high inflation will squeeze Britons’ purse strings even tighter this year, according to a leading group of economists. Rising energy and commodity prices mean that disposable incomes will fall in real terms for the third year in a row, the Centre for Economics and Business Research (CEBR) will warn today. Inflation is likely to [...]
Accountants hit out at Clegg’s tycoon tax March 11, 2012 INDEPENDENT accountants have shot down deputy prime minister Nick Clegg’s call for a “tycoon tax”. Addressing his party faithful at their spring conference in Gateshead, Clegg attacked “multimillionaires avoiding tax by moving their money around” and claimed that many pay less than 30 per cent or even 20 per cent tax. Yet tax experts at [...]
Trader event set for May March 11, 2012 Our annual Active Trader conference, sponsored by IG Index, will bring leading traders, strategists and industry insiders together at a top-notch London hotel to share their insights on 24 May. City A.M. has combined its intimate knowledge of the City with the full range of expertise featured in its regular trading pages to produce a [...]
Economy is being knocked off course March 11, 2012 IT is not looking too good for George Osborne. The Budget is next week and the economy remains mired in stagnation. It is hard to know for sure what is happening, but all the indications are that growth so far this quarter has been weak. Industrial production actually fell in January, despite a rise in [...]
Michael Heseltine returns March 11, 2012 THE GOVERNMENT has drafted in former deputy prime minister Michael Heseltine, who is said to be tasked with drafting a report on the competitiveness of the UK economy. Heseltine has also teamed up with business secretary Vince Cable to formulate an “industrial policy” that would aim to boost Britain’s manufacturing industry. His re-emergence in government [...]
WHAT THE OTHER PAPERS SAY THIS MORNING March 11, 2012 FINANCIAL TIMES SEC LAUNCHES EXCHANGE PROBE The US market regulator has launched a broad investigation into whether exchanges favour large trading companies at the expense of smaller customers. The enforcement inquiries emerged from examinations by the Securities and Exchange Commission of how exchange operators, some of which also regulate their customers, manage conflicts of interest [...]
Japanese economy recovering March 11, 2012 Japan’s core machinery orders rose in January, according to figures out this morning, in a sign that rebuilding the country’s earthquake-battered northeast coast could propel capital expenditure and support the overall economy. Core machinery orders, which help gauge the strength of capital spending, rose 3.4 per cent in January from the previous month, beating a [...]