Watertight defence will keep us on top, says Cech October 25, 2010 CHELSEA goalkeeper Petr Cech is banking on their miserly defensive record to keep the table-toppers looking down on the rest of the Premier League. Cech has conceded just twice in nine top flight fixtures this season as the Blues have picked up where they left off in last season’s double-winning campaign. Wolves were the latest [...]
Rowing champion Holmes dies at 51 October 25, 2010 OLYMPIC champion rower Andy Holmes, who partnered Sir Steve Redgrave to gold, has died aged 51. Holmes rowed to victory alongside Redgrave in the coxed four in Los Angeles in 1984 and then as a coxless pair four years later in Seoul. “It’s a very sad day,” said Redgrave. “It hits you very hard that [...]
Wales suffer from Byrne out October 25, 2010 RUGBY UNION: Wales full-back Lee Byrne has been ruled out of their first three autumn internationals after breaking a bone in his hand. Byrne has an outside chance of returning against New Zealand on 27 November but will definitely miss clashes with Australia, South Africa and Fiji on the three preceding weekends. Cardiff Blues’ Chris [...]
Beckham helps Galaxy to title October 25, 2010 FOOTBALL: Former England captain David Beckham scored as LA Galaxy wrapped up Major League Soccer’s Western Conference title. Beckham scored the equaliser in a 2-1 home win over FC Dallas that cemented their position at the top and ensures they will play Seattle Sounders in the Western semi-finals. The winners will meet either Dallas or [...]
UK raids Swiss bank accounts October 25, 2010 THE UK and Switzerland have struck a historic deal, which will see over 15,000 Britons with Swiss bank accounts pay billions extra in tax. Under the landmark agreement, which was thrashed out yesterday afternoon, the Swiss government will impose a so-called withholding tax on the interest earned by all British depositors. It will hand over [...]
Google and Carphone in mobile deal October 25, 2010 THE SECOND Google-branded mobile phone will hit the UK in time for Christmas through an exclusive deal with Carphone Warehouse, City A.M. has learned. Its predecessor, the Nexus One, is the flagship device for the search giant, which is desperately trying to wrest market share from Apple’s iPhone. The deal with Carphone represents a major [...]
KPMG probed over BAE audit October 25, 2010 AUDITORS at KPMG are to be investigated over their work for the arms-maker BAE Systems, an industry watchdog said yesterday. The Accountancy and Actuarial Discipline Board (AADB) will probe KPMG in relation to BAE’s payments through offshore companies between 1997 and 2007. The investigation follows on from BAE’s long-running corruption case linked to Saudi Arabian [...]
There is more to life than budget cuts October 25, 2010 FAR too much of the debate about spending cuts is being conducted in absurdly parochial terms. We are all obsessed with whether George Osborne’s tightening will boost or reduce growth next year – yet there is far too little focus on what other countries are doing on the budgetary front, let alone on longer-term economic [...]
Sir Fred’s sidekick returns October 25, 2010 A FORMER Royal Bank of Scotland executive who agreed never to work in the City following an FSA probe is to become a senior adviser to a small investment bank, it emerged last night. Johnny Cameron, who sat on the board of RBS alongside Sir Fred Goodwin at the time of the bank’s bail-out, struck [...]
Delek to list stocks in London October 25, 2010 Israeli energy, property and automotive group Delek is planning a public offering on the London Stock Exchange to raise between $400m and $500m. Citi, UBS and Deutsche Bank are lined up to underwrite the offering. Delek, which is already listed in Tel Aviv, has a market value of around $3.2bn. It is known for importing [...]