Schwartzel wins home title January 10, 2010 GOLF: Home favourite Charl Schwartzel fired a final round 67 to clinch a one-stroke victory in the Africa Open in East London. Schwartzel started the final round two shots behind Thomas Aiken and Trevor Fisher Jnr, but four birdies in the opening seven holes brought him into contention. Further birdies at 11 and 14 put [...]
White bows out at Wembley January 10, 2010 SNOOKER: Wembley favourite Jimmy White crashed out of the UK Championship first round after going down 6-2 to No16 seed Mark King. The 47-year-old, who appeared on reality show ‘I’m A Celebrity, Get Me Out of Here’ recently, was handed a wildcard for the the tournament after slipping to 56 in the rankings. And, in truth, he [...]
UK cracks up in the big freeze January 7, 2010 ARCTIC conditions intensified yesterday as the UK faced its coldest night of the winter so far with the temperature dropping as low as –5C in central London as the worst cold snap to hit the country for thirty years continued. More travel chaos for commuters was predicted amid the freezing temperatures, with the Met Office [...]
Analysis | Current and planned gas storage capacity in Europe January 7, 2010 The extent of snow coverage in the UK is vividly shown in this NASA satellite image, taken yesterday, as temperatures continued to plummet
No frillers win fight of skies January 7, 2010 RYANAIR blew away the competition over Christmas, flying nearly five million passengers in December – 12 per cent more than last year. And total passengers for 2009 reached the dizzy heights of 65m, jetting past the 58m recorded the previous year. The budget airline’s biggest rival EasyJet notched up a 9.3 per cent year-on-year rise [...]
Asian nations laugh at our incompetence January 7, 2010 IT’S all rather sad. While we count the laughably high costs of a little snow, obsess about minor policy differences in?Westminster and argue over whether our economic performance in 2010 will be poor or very poor, our real rivals are bouncing back, growing at full speed and creating jobs by the millions. I’m referring, of [...]
Aberdeen set to snap up RBS funds for £85m January 7, 2010 ABERDEEN asset management is expected to announce today that it will spend some £85m to acquire around half of the asset management arm of ailing Royal Bank of Scotland. Aberdeen will buy a £13bn portfolio of funds of funds and hedge funds and is expected to finance the move with a share placing. Meanwhile, RBS [...]
WHAT THE OTHER PAPERS SAY THIS MORNING January 7, 2010 FINANCIAL TIMES SPAIN AIMS TO BRING EU STATES INTO LINE The European Union should apply “corrective measures” against member states that fail to meet their obligations under a new 10-year plan to improve the bloc’s competitiveness, José Luis Rodríguez Zapatero, Spain’s premier, said. In a proposal likely to stir controversy among other EU governments, Mr [...]
Cadbury dips below Kraft offer price January 7, 2010 CADBURY shares breached the psychologically-important level of Kraft’s hostile bid price for the first time yesterday, as pressure for the US food giant to increase its offer substantially starts to wane. Cadbury’s stock dipped to an intraday low of 767.5p on the London Stock Exchange yesterday, well below the 771p at which Kraft’s cash-and-shares bid [...]
Lenders seize control of Foxtons after debt deal January 7, 2010 CHEYNE Capital Management, one of the first London hedge funds to become a victim of the US sub-prime crisis in 2007, saw profits continue to fall last year. Revenues at the Pall Mall-based group tumbled 52 per cent between 2007/8 and 2008/9. The remuneration package shared between four directors – including co-founders Jonathan Lourie and [...]