GOING OUT March 8, 2012 SKETCH in Mayfair is celebrating its 10th anniversary in style with a metamorphosis courtesy of Turner Prize-winning artist Martin Creed. The Gallery has been transformed from the previous stark white canvas into a multicolored, multifaceted cornucopia of mismatched designs, items and motifs. Not a single piece in the room matches, including cutlery, glasses and chairs. [...]
Solid England won’t make it easy for hosts in ‘Le Crunch’ March 8, 2012 FRANCE vs ENGLAND SUNDAY – 3.00PM BBC ONE FOR Philippe Saint-Andre, the dream of securing a Grand Slam in his first Six Nations as coach of France may be dead, but the Championship trophy is still well within his grasp. This weekend’s match against England is very much the warm-up to an all important showdown [...]
Spurs to come unstuck against in-form Toffees March 8, 2012 EVERTON vs TOTTENHAM TOMORROW – 5.30PM ESPN THE past few weeks were always going to be a severe test of Tottenham’s title credentials and, unfortunately for their fans, they have failed. The demoralising 5-2 defeat at Emirates Stadium was followed by last weekend’s 3-1 reverse against Manchester United. Harry Redknapp described that loss as “soul [...]
Pipe can prove to be Imperial Cup Master once again March 8, 2012 THE Paddy Power Imperial Cup has been a Pipe-family benefit over the years with father Martin winning it six times and his son David landing back-to-back renewals in 2007 and 2008. The sponsors offer a £75,000 bonus for the winner to land any race at next week’s Cheltenham Festival and the last one to successfully [...]
Apple: New iPad will crush PCs March 7, 2012 APPLE launched its latest bid to extend its dominance of the tablet computer market last night as it revealed a next-generation iPad – and delivered a rallying cry that the days of personal computers are over. “We think the iPad is the poster child of the post–PC world,” chief executive Tim Cook told the tech [...]
Greece set to impose writedown March 7, 2012 MOST private sector bond holders are expected to agree to swap their assets into fewer, longer-term bills by tonight’s deadline – but Greece will probably have to use new laws to force the stubborn remainder to take losses. The arrangement is part of Greece’s €130bn (£108.5bn) bailout which aims to cut its debts from 160 [...]
Ratings execs under attack March 7, 2012 TOP credit ratings agency executives faced a wave of criticism from MPs yesterday for the mistakes made by their institutions before the financial crisis. The industry was either incompetent or its judgment affected by a conflict of interest, Tory MP David Ruffley told directors from Moody’s, Fitch, Standard & Poor’s, as well as smaller Canadian [...]
Mortgage time-bomb UK’s top threat March 7, 2012 SOME time-bombs can be defused. Not this one. At some point – in a year, in two, or perhaps even in five – the cost of borrowing for consumers will climb back to the sorts of levels we were used to 15 years ago. Complacent borrowers addicted to rock-bottom interest rates – and for whom [...]
WHAT THE OTHER PAPERS SAY THIS MORNING March 7, 2012 FINANCIAL TIMES CURRENCY TRADING VOLUMES DROP Volumes in the world’s multi-trillion dollar foreign exchange market have dropped to six-year lows as nervous investors have shied away from trading the euro and central banks have continued to maintain a tight grip on the value of their currencies. SOCGEN TO FACE REGULATOR PROBE Société Générale is to [...]
QE knocks pension funds March 7, 2012 QUANTITATIVE easing (QE) has pushed down bond yields, hitting pension funds and pushing final salary schemes deeper into the red, two new studies have shown. Deficits at FTSE350 firms rose £9bn in February to £92bn, according to data published yesterday by Mercer, as falling yields offset the positive impact of rising equity prices. The National [...]
