STRANGE FEELING | Earls has premonition October 6, 2011 IRELAND winger Keith Earls has revealed he has “a strange feeling” that they will beat Wales on Sunday and go all the way to the World Cup final. Not for Earls the sportsman’s cliche of taking each game as it comes; the 24-year-old has already visualised Irish glory and has dared to admit it. “I [...]
THE BREAKDOWN | WORLD CUP BRIEFS October 6, 2011 McCAw fighting fit NEW ZEALAND have confirmed captain Richie McCaw will play through the pain barrier against Argentina on Sunday. McCaw was forced to pull out of the final pool game against Canada as a precaution due to a long-standing foot injury. However, the talismanic flanker will return to the All Blacks line-up for the [...]
Financial Fair Play not fair, says Gazidis October 6, 2011 ARSENAL chief executive Ivan Gazidis insists so-called Financial Fair Play rules are not fair at all but does believe they will make the Premier League a more open competition. Gazidis firmly supports European governing body Uefa’s drive to make all clubs live within their means, which came into effect this year. However he concedes the [...]
Buck: Chelsea fans dead against move are wrong October 6, 2011 CHELSEA chairman Bruce Buck has responded to criticism from the club’s fans over its plans to buy the freehold to Stamford Bridge, insisting those who blindly oppose moving to a new stadium are wrong. Some shareholders in the supporter-led group Chelsea Pitch Owners (CPO) have accused the Blues of trying to rush through a deal [...]
Capello successor can be foreign, says Robertson October 6, 2011 SPORTS Minister Hugh Robertson has urged the Football Association to reconsider their decision to restrict the search for the next England manager to only English candidates. Appetite for a home-grown candidate is high within the FA as they consider who should replace Fabio Capello after next summer’s European Championships. But Robertson believes football could learn [...]
SPORT | IN BRIEF October 6, 2011 Hamilton protests his innocence FORMULA ONE: Britain’s under-fire Lewis Hamilton has defended his driving style this season which has drawn significant criticism from his peers. The McLaren star has been in trouble for a spate of incidents, including a clash with Ferrari’s Felipe Massa at the last race in Singapore. “I’m not doing anything wrong. I’m trying [...]
Easy money October 6, 2011 • Bank stuns markets with £75bn more QE • ECB to boost liquidity with €40bn bond buy-up • Osborne poised to give credit to private firms SIR Mervyn King, the Bank of England governor, stunned markets by turning Britain’s electronic printing presses back on yesterday, as he announced a second round of quantitative easing (QE) worth [...]
Moody’s slashes ratings of UK banks October 6, 2011 THE FRAGILE UK banking sector was further knocked today by a downgrade by Moody’s, the credit rating agency. Moody’s has decided to reduce the ratings of 12 UK banks and building societies by up to three notches, to reflect the removal of implicit government support in the event of possible failure. The news sent bank [...]
Sentance: inflation may soar as MPC loses focus October 6, 2011 “THE EUROPEAN Central Bank (ECB) has delivered price stability. That is good for the economy and good for jobs,” boasted outgoing ECB boss Jean-Claude Trichet yesterday. The same cannot be said in the UK, where CPI inflation hit 4.5 per cent in August and is expected to rise to more than five per cent in [...]
Why Mervyn King is wrong about QE October 6, 2011 IT was strange for Mervyn King to claim yesterday that the financial crisis may yet turn out to be worse than the Great Depression. The world faces monumental challenges. But the mass unemployment, protectionism and rise of fascism of the 1930s has so far been avoided and many emerging markets are still buoyant. Over-using apocalyptic [...]