Murray’s ankle set for Queen’s inspection June 6, 2011 BRITISH No1 Andy Murray has been confirmed in the draw for the Aegon Championships, allaying fears an ankle injury could force him to miss the tournament. Murray suffered ligament damage to his right ankle in third round of the French Open and has been on painkillers ever since. But he came through a rigorous two-hour [...]
Rebels end Cipriani suspension June 6, 2011 RUGBY UNION: The Melbourne Rebels have lifted Danny Cipriani’s suspension and the fly-half will be available for their Super 15 game against the Brumbies on Friday. Cipriani, 23, has spent a month on the sidelines after breaching the Rebels’ disciplinary code.
Brien killed at Isle of Man TT June 6, 2011 MOTORSPORT: Irish rider Derek Brien has been killed in an accident at the Isle of Man TT. The county Meath man, 34, crashed on the first lap of yesterday’s opening Supersport event, which led to the race being halted.
Windies miss out on Lord’s Test June 6, 2011 CRICKET: The West Indies will miss out on the opportunity to play a Test at Lord’s next summer. The Windies will play Tests at Edgbaston, Trent Bridge and Cardiff in 2012 after Lord’s owners Marylebone Cricket Club were outbid. “We were expecting to have a West Indies Test in May or June,” said John Stephenson, [...]
Opera star to advise Blatter June 6, 2011 FOOTBALL: Sepp Blatter has announced that Spanish opera singer Placido Domingo is his choice to advise FIFA on their ongoing problems. Domingo will join 88-year-old former US secretary of state Henry Kissinger and ex-Holland international Johann Cruyff as Fifa’s advisers.
OSBORNE SNUBS VICKERS ON LLOYDS BRANCH SALES June 6, 2011 THE Treasury has issued a remarkable snub to Sir John Vickers, chair of the Independent Commission on Banking (ICB), by distancing itself from the main recommendation contained in his interim report on the future of Britain’s banks, City A.M. has learned. Sir John had called for Lloyds to sell “substantially” more than the current 620 [...]
Temporary tax cuts could boost UK economy, says IMF June 6, 2011 TAX cuts could kick start the UK economy if it suffers a “prolonged period of weak growth”, the International Monetary Fund (IMF) said yesterday. Despite a resounding message of support for chancellor George Osborne’s “Plan A” of immediate fiscal consolidation, the IMF proposed temporarily slashing taxes in the event of slower than expected growth. This [...]
Geithner pans UK light touch June 6, 2011 US TREASURY secretary Tim Geithner yesterday hit out at what he said was “light touch” regulation in the UK before the financial crisis, and warned European regulators to take a tough stance on banks. In an outspoken speech, Geithner said: “The UK’s experiment in a strategy of ‘light touch’ regulation to attract business to London from [...]
The IMF is right to back UK austerity June 6, 2011 IT shouldn’t have come as a surprise that the IMF as well as other international bodies have given George Osborne’s austerity plans the thumbs-up. All over the world, profligate nations are working on policies to rein in spending and reduce their budget deficits; those that are failing to do so are finding it increasingly difficult [...]
Barclays forced to pay out June 6, 2011 BARCLAYS is being forced to return $2bn (£1.2bn) in margin collateral to the trustee for the brokerage arm of Lehman Brothers, the collapsed US bank. US bankruptcy judge James Peck yesterday said the trustee, which is liquidating what is left of the brokerage business, is entitled to $4bn in margin assets that have been the [...]
