THE TIPSTER December 21, 2010 SIGNIFICANTLY worse-than-expected public sector borrowing levels from the UK have somewhat eclipsed the marginal undershoot in German consumer confidence. As a result, the common currency is pushing higher against the pound. But for as long as the ratings agencies remain supportive of British efforts at fiscal reform then there’s a good argument to suggest sterling [...]
FTSE surges to a 30-month high as risk appetite boosted by strong US earnings December 21, 2010 MINERS and banks drove Britain’s top share index to a 30-month closing high yesterday, as risk appetite rose due to easing tensions on the Korean peninsula and upbeat earnings from US software maker Adobe Systems. The FTSE 100 index ended up 60.19 points, or one per cent, at 5,951.80, its highest close since early June [...]
Investor optimism drives shares on Wall St higher December 21, 2010 US stocks rose yesterday as solid earnings and a flurry of merger activity underpinned a steady upward trend that reinforced investor optimism for the coming year. Financials led the way higher, continuing their December rally after underperforming the broader market for much of the year. The KBW bank index 1.9 per cent. Northern Trust, which [...]
2010: A rollercoaster year of sport December 20, 2010 JANUARY TENNIS: Andy Murray misses out on a maiden grand slam when he is beaten by Roger Federer in the Australian Open final; FOOTBALL: David Sullivan and David Gold take over at West Ham; terrorists attack the Togo team at the Africa Cup of Nations in Angola, killing three; CRICKET: England are denied series win [...]
Swann’s not intimidated by Hussey, says Flower December 20, 2010 ENGLAND spinner Graeme Swann has been backed to bounce back from his pummeling in Perth and deliver a match-winning display in Melbourne by his coach Andy Flower. Swann, ranked the No2 bowler in world cricket, came into this Ashes series rated as the man most likely to ensure England return home with the urn still [...]
Christmas party poopers Everton spoil City’s opportunity to go top of the table December 20, 2010 MANCHESTER CITY v/s EVERTON A BATTLING display from 10-man Everton prevented Manchester City from topping the table at Christmas for the first time since 1929. Roberto Mancini’s side were boosted prior to kick-off by the news of Carlos Tevez’s transfer request u-turn, but that was as good as it got on a night of missed [...]
Henson targets Wales recall December 20, 2010 SARACENS newboy Gavin Henson claims he’s back in rugby for good and hopes to cap his comeback to the sport by being part of Wales’ 2011 Six Nations campaign. Henson, 28, is set to make his first appearance for his new club in the Premiership Boxing Day clash against Wasps at Wembley, 21 months on [...]
Fears over fixture pile-up as more games face axe December 20, 2010 PREMIER LEAGUE chiefs have moved to ease fears of a fixture pile-up as extreme weather threatens to wipe out further fixtures. Heavy snowfall claimed seven of the nine top flight games at the weekend, while some of the Boxing Day schedule is already under threat. Blackpool, who postponed their clash with Tottenham on Sunday, are [...]
ROW AT NO.10 SPARKS UNION STRIKE THREAT December 20, 2010 THE government’s assault on public sector pensions became a major flashpoint yesterday at trade union leaders’ first official meeting with a Conservative Prime Minister for 25 years. In a meeting at No. 10 requested by the unions to outline their concerns about the government’s public spending cuts, Cameron said certain aspects of the government’s programme [...]
Judge casts doubt on BAE’s deal with SFO December 20, 2010 A DEAL between arms group BAE Systems and the Serious Fraud Office to settle a long-running investigation into allegations linked to an arms sale to Tanzania looked in doubt yesterday after a judge challenged it. BAE and the SFO had agreed under the terms of the deal that BAE would not have to admit to allegations that [...]