Redpath’s spell in charge over October 29, 2012 RUGBY UNION: Brian Redpath has been removed as Sale’s director of rugby after the club’s worst ever start to a Premiership season in which they have lost their opening seven fixtures, though he remains Sale employee. A club spokesman said: “I’ve spoken to one of the owners and Bryan Redpath has not left the club. [...]
Cleverly unaffected by doubts October 29, 2012 BOXING: WBO light-heavyweight champion Nathan Cleverly insists his preparations for his scheduled 10 November title defence against Ryan Coyne in Los Angeles are not being undermined by doubts about the latter’s involvement. He said: “This should be frustrating but I’ve taken it all in my stride. It’s something I’m used to by now because there [...]
McIlroy seals Woods win October 29, 2012 Golf: Rory McIlroy yesterday defeated Tiger Woods by a single shot during their match at the Jinsha Lake Golf Club in central China to win a reported pot of £1.25m. Woods said: “It was certainly not like most Mondays. To have this many people come out is pretty special – we’re ranked one and two [...]
Frankenstorm October 29, 2012 First two day close of New York exchange due to weather since 1888 Millions left without power as storm surge threatens Manhattan Insurers estimate the total cost of the damage could reach $10bn HURRICANE SANDY last night hit the US’s North East coast, closing stock exchanges, grounding aeroplanes, flooding low-lying areas, and potentially landing insurers [...]
Barclays faces first Libor damages trial as UK judge sets key precedent October 29, 2012 BARCLAYS will face a full trial over Guardian Care Homes’ (GCH) claims that the bank mis-sold it an interest rate swap product, in a landmark legal case which will determine which other firms can claim banks mistreated them. As part of the trial Barclays will have to send GCH 1.2m emails logged in its Libor [...]
Cameron faces rebellion over EU budget increase October 29, 2012 DAVID Cameron yesterday found himself facing a battle over European Union funding – as his own backbenchers joined forces with the Labour party to call for a real-terms cut to the EU budget. The Prime Minister faces a struggle at next month’s European Council meeting where the 27 heads of government will discuss EU spending limits [...]
Frankenstorm: Don’t fall foul of the Broken Windows Fallacy October 29, 2012 THERE are times, fortunately not too often in these days of technological revolution and extraordinary scientific progress, that human beings can but bow to the forces of nature. We may be capable of flying to the moon but there are some natural events that leave us powerless and unable to control events. Everybody with family, [...]
What the other papers say this Morning October 29, 2012 FINANCIAL TIMES New Look moves to reassure suppliers New Look, the value fashion chain, has moved to reassure suppliers over its financial position, after a report last week in an industry blog that it was poised to enter administration and carry out a company voluntary arrangement. Linde seeks deeper cost cuts Linde, the world’s second [...]
West Coast Rail bidding process deemed flawed October 29, 2012 LACK of transparency, inadequate information and inconsistent treatment of potential bidders by the Department for Transport (DfT) all contributed to a “flawed process” to determine which firm would run the West Coast main line franchise, an interim inquiry into the fiasco has concluded. The debacle, which earlier this month resulted in the decision to award [...]
Ex-Dixons boss leaves Apple after six months October 29, 2012 FORMER Dixons boss John Browett is leaving Apple after just six months, the technology giant announced yesterday. The departure of the UK retailer, who was hired to drive the global expansion of its stores, was announced alongside that of Scott Forstall, who oversaw Maps. Browett, who will leave immediately, only joined from Dixons in April [...]