Broad targets May comeback April 12, 2011 CRICKET: England fast bowler Stuart Broad hopes to make a return to competitive action early next month for Nottinghamshire against Yorkshire. Broad, 24, had to fly home before his country’s last two World Cup group fixtures. “I’m hoping to play on 4 May at home to Yorkshire,” he said. England begin their summer programme against [...]
Khan laments lack of support April 12, 2011 BOXING: Amir Khan has accused the leading British broadcasters of a lack of support ahead of Saturday’s WBA light-welterweight title defence against Northern Ireland’s Paul McCloskey. The fight at the MEN Arena will only be shown only by minor pay-per-view channel Primetime. “I really thought this would have been a massive fight, but it’s one [...]
Wilshere quashes City link April 12, 2011 FOOTBALL: Arsenal’s Jack Wilshere has dismissed transfer speculation linking with a summer move to Manchester City. “People asking if I’m going City? I don’t kiss the Arsenal badge then leave. This club is in my heart,” he tweeted.
Firms hit as City turns off the tap April 12, 2011 London’s IPO market, in which companies raise funds through the issue of new shares, was in a state of intensive care last night after the online payments group Skrill became the latest issuer to pull its listing plans. The UK online payments provider postponed its London offering, blaming “adverse IPO (Initial Public Offering) market conditions”. [...]
Probe into inflation figures leak April 12, 2011 SUSPICIONS that yesterday’s shock inflation figures were leaked prior to their release are being investigated by the government’s independent statistics office. Economists widely anticipated consumer prices to have edged up to 4.6 per cent in March, yet the figure unexpectedly fell to four per cent. While sterling dipped when the news was officially released at [...]
Swaps curbs to hit US firms April 12, 2011 LARGE non-financial US companies will be required to post collateral for derivatives transactions if they exceed a predetermined limit for credit exposure, according to proposals issued by regulators yesterday. The Federal Deposit Insurance Corp (FDIC), which along with the Federal Reserve and other regulators, has produced the rules as part of the Dodd-Frank reform Act, [...]
Ministers in office but not in power April 12, 2011 THERE is nothing more depressing than a good idea that is badly executed. The government is right to seek to regain control of the public finances – but its inability to implement austerity properly could yet destroy the coalition. The wrong cuts are happening – and far too little meaningful restructuring of the public sector [...]
IMF urges faster US cuts April 12, 2011 THE INTERNATIONAL Monetary Fund (IMF) has urged the United States to come up with credible measures to reduce its record budget deficit, heaping pressure on the White House. President Barack Obama will today outline fresh plans for reducing the nation’s debt, which is on track for hitting $1.4 trillion (£857bn) this year, as he attempts [...]
WHAT THE OTHER PAPERS SAY THIS MORNING April 12, 2011 FINANCIAL TIMES CITY INVESTOR CHIEFS BACK BANKING REVAMP City fund managers have broadly welcomed the reform drive sweeping Britain’s banking sector, in spite of vocal criticism from some institutions. “There is a largely silent majority of investors who believe that structural reform and tougher capital requirements are a good idea,” said James Alexander, head of [...]
LSE eyes FTSE futures trading April 12, 2011 The London Stock Exchange is forging ahead with a plan to challenge the dominance of NYSE Euronext’s Liffe and Deutsche Boerse’s Eurex by expanding its futures trading business. The exchange said yesterday it will start trading FTSE 100 index futures, subject to regulatory approval, in the first week of June, a direct challenge to its [...]
