LSE under fresh pressure to complete TMX merger June 23, 2011 THE LONDON Stock Exchange’s friendly merger with Toronto bourse operator TMX was put under renewed pressure yesterday, after the Maple group of Canadian banks and pension funds increased its hostile offer. Shareholders in TMX now face a tough choice, to be settled in a vote next week, over which deal to accept. Maple has increased [...]
Spurs lose Olympic Stadium fight June 23, 2011 High Court judge rejects applications from Tottenham and Leyton Orient to take OPLC’s decision to judicial review TOTTENHAM and Leyton Orient have failed in their attempts to prevent West Ham from moving into the Olympic Stadium after their bids for judicial reviews were rejected by a High Court judge. The north Londoners and chairman Daniel [...]
Big guns continue to make solid progress June 23, 2011 SIX-TIMES Wimbledon champion Roger Federer served up a late night masterclass under the Centre Court roof on day when the tournament favourites flexed their muscles at SW19. The former world No1 required just over an hour-and-a-half to dispatch France’s Adrian Mannarino, dropping just seven games on the way to booking a third round clash against [...]
Kieswetter relishes a second opportunity June 23, 2011 ENGLAND wicketkeeper Craig Kieswetter believes his unscheduled sabbatical from international cricket has helped him to come to terms with the standard of performance required of him. The 23-year-old made a thrilling start to his England career by playing a pivotal role in clinching the World Twenty20 tournament last year, but lost his place in the [...]
Young deal part of £50m United spree June 23, 2011 MANCHESTER UNITED’S summer spending is set to smash through the £50m mark after they completed the signing of England winger Ashley Young yesterday. Young (inset), 25, joins the champions from Aston Villa for a fee of around £16m having agreed terms on a five-year contract. Manager Sir Alex Ferguson has already recruited England Under-21 defender [...]
SKY’S THE LIMIT: WIGGINS HAILS TEAM STRENGTH June 23, 2011 OLYMPIC champion Bradley Wiggins believes the revamped Team Sky should be targetting a top 10 finish at next month’s Tour de France. Wiggins was yesterday named alongside fellow Britons Geraint Thomas and Ben Swift in a nine-man squad. He said: “We are now in a better position than I’ve ever been in. Top 10 seems more [...]
India clinch series opener June 23, 2011 CRICKET: England’s upcoming opponents India won the opening Test against West Indies by 63 runs after running through the home side’s batting line-up on the fourth day at Sabina Park. Starting the morning on 131 for three and needing another 195 runs to win, West Indies lost six wickets in the first session before they [...]
Arsenal target hints at Rovers exit June 23, 2011 FOOTBALL: Blackburn defender Chris Samba has cast doubt over his future at Ewood Park by claiming he would leap at the chance to leave if a “good opportunity” arose. Samba has been strongly linked with a summer move to Arsenal.
Banks plummet on ringfence anxiety June 23, 2011 INVESTORS ditched British banks yesterday after a note by influential analysts unleashed fears that the government’s reform plans for lenders could slash their profitability by 15-25 per cent. The note estimates that implementing the Vickers Commission’s proposal to hive off banks’ retail from their wholesale business could cost RBS, Lloyds and Barclays up to £10bn and [...]
Nationwide boss Beale’s pay rises to over £1.88m June 23, 2011 NATIONWIDE chief executive Graham Beale was paid a total of £1.88m this year, an increase of £350,000 on last year’s wages. On top of a base salary of £650,000, Beale received £441,00 in performance related pay, and a £101,000 pension contribution. His basic pay packet next year will increase by a further £175,000 to £825,000, [...]