Ponzi scheme man pleads guilty January 12, 2011 A fraudster who conned more than 700 people out of a total of £14m yesterday pleaded guilty to deceiving investors. He spent the cash on holiday homes, a diamond ring and a set of City offices. Like the frauds of New York conman Bernie Madoff, Terry Freeman’s scheme was revealed when investors began to ask [...]
Woakes promotion pays off January 12, 2011 England seal Twenty20 record as decision to push debutant up the order results in last ball win ENGLAND debutant Chris Woakes admitted he was shocked to be thrust into the role of emergency matchwinner as his late flurry with the bat ensured England secured a world record eighth straight Twenty20 win off the last ball [...]
EU plans package to confront debt crisis January 12, 2011 THE Eurozone is preparing a “comprehensive” package to confront its sovereign debt crisis, as Spain prepares for today’s first crucial bond sale of 2011, a year in which it must refinance a quarter of its debt. European Commission president Jose Manuel Borroso called for Eurozone leaders to beef up the region’s rescue facility yesterday, with increased [...]
Avram granted more time by Hammers board January 12, 2011 WEST HAM manager Avram Grant has been handed a stay of execution by the club’s owners following Tuesday night’s Carling Cup semi-final first leg win over Birmingham. With the Hammers currently rooted to the bottom of the Premier League table, the Israeli’s future has been a matter of intense speculation, much to his own annoyance. [...]
Default retirement age to end as state pension is delayed January 12, 2011 WORKERS will no longer be forced to retire at 65 under rules to stamp out age discrimination published by the government today in direct defiance of fierce lobbying from business groups to delay the measure. The scrapping of the default retirement age (DRA), first proposed by the coalition government last July, will be phased in [...]
Lawes and Croft could play in Six Nations, says Johnson January 12, 2011 ENGLAND manager Martin Johnson is refusing to give up hope that injured forwards Courtney Lawes and Tom Croft will be able to play a part in the Six Nations. Northampton lock Lawes (right), player of the series for the autumn internationals, was thought to be facing three months on the sidelines with knee ligament damage. [...]
Crossrail chief executive quits in surprise move January 12, 2011 THE chief executive of the £16bn Crossrail project has resigned, just months after the transport scheme’s future was guaranteed in the comprehensive spending review. Rob Holden is to step down this year, the group said yesterday. Crossrail, one of Europe’s biggest construction projects, will connect Maidenhead in Berkshire with Shenfield in Essex, passing through the [...]
DJ puts King Kenny in a spin January 12, 2011 BLACKPOOL 2 vs LIVERPOOL 1 BLACKPOOL striker DJ Campbell’s second-half strike ensured Kenny Dalglish is still searching for his first win in his second spell as Liverpool manager. After defeat in the FA Cup third round at Old Trafford on Sunday, Dalglish saw his side react positively in the early exchanges at Bloomfield Road, with [...]
City responds to calls to make a commitment to personal finance January 12, 2011 SINCE the launch of City A.M.’s Campaign for Financial Literacy yesterday, the number of positive responses received from City firms that are already engaged in education initiatives has been incredibly encouraging. Financial planners Killik, for example, has been developing a web-based tutorial known as Money in Mind. The site uses simple graphics and language to [...]
Bellamy arrested over assault claim January 12, 2011 FOOTBALL: Wales and Cardiff City striker Craig Bellamy has been arrested by police investigating an alleged assault in Cardiff city centre. Bellamy, 31, has been bailed pending further inquiries.