Fletcher to take extended break December 13, 2011 FOOTBALL: Manchester United midfielder Darren Fletcher is to take an extended break from the game after his club announced the Scotland captain is suffering with a chronic stomach illness. The 27-year-old, who has been out of action since the Champions League draw against Benfica on 22 November, has been diagnosed with a chronic inflammatory bowel [...]
Rovers deny financial crisis December 13, 2011 FOOTBALL: Blackburn have released a statement denying the club is heading for financial meltdown. Reports over the weekend claimed the club’s owners, Indian poultry firm Venky’s, had received a demand from the bank to pay £10m to help to pay off the club’s debts. “There is no financial crisis, and there is absolutely no danger [...]
Greece hit by IMF warning and widening public deficit December 13, 2011 GREECE’S yawning public deficit widened in the first 11 months of the year, putting budget targets further out of reach, as the IMF warned that the country was reaching its limit on new taxes and cut its growth forecast. Finance ministry data showed the budget gap of the central government widened 5.1 per cent to [...]
Quins’ Care avoids RFU censure December 13, 2011 RUGBY UNION: England scrum-half Danny Care has escaped disciplinary action from the Rugby Football Union, despite being arrested and fined on suspicion of being drunk and disorderly last weekend. The incident took place following Harlequins’ 21-10 defeat by Toulouse at the Stoop.
Powell set for Brit indoor debut December 13, 2011 ATHLETICS: Former 100m world record holder Asafa Powell will make his British indoor debut at the Birmingham Grand Prix on 18 February.
EU: New debt law in March December 13, 2011 A NEW EU treaty could be negotiated by March despite the UK’s veto at Friday’s summit, European Council president Herman Van Rompuy announced yesterday. Europe’s bailout mechanisms may also need boosting, he told MEPs. The 26 nations that did not veto new proposals to ban governments from running up large debts can still negotiate the [...]
Unemployment rises in Europe but US manages to add jobs December 13, 2011 JOBLESSNESS rose again across Europe in October but fell in the US, according to figures out yesterday from the 34-nation Organisation for Economic Cooperation and Development. The developing crisis pushed up Eurozone unemployment from 10.2 per cent to 10.3 per cent on the month, up 0.2 percentage points on the year. Spanish unemployment hit 22.8 [...]
BARROSO CONDEMNS UK’S VETO DEMAND December 13, 2011 EUROPEAN Commission president Jose Manuel Barroso hit out at the UK government yesterday, claiming that Prime Minister David Cameron’s demands would have harmed the bloc’s single market. “The UK …asked for a specific protocol on financial services which, as presented, was a risk to the integrity of the internal market. This made compromise impossible,” Barroso [...]
Supermarket price war hits food inflation December 13, 2011 THE PACE of price rises slowed slightly last month as the supermarket price war cut inflation and petrol prices fell, according to data from the Office for National Statistics, but the cost of living is still soaring relative to wages. Consumer prices (CPI) rose by 4.8 per cent in the 12 months to November, down [...]
UK standard of living was EU’s highest in 2010 December 13, 2011 HOUSEHOLDS in Britain consume more goods and services on average than any others in the EU besides Luxembourg, according to figures out yesterday from Eurostat. Actual individual consumption (AIC) — a measure of the standard of living — was 21 per cent higher in the UK than the EU average in 2010. The measure takes [...]