Go-Ahead pessimistic on rail arm December 15, 2009 TRANSPORT group Go-Ahead said yesterday that first-half profit at its rail unit would be 50 per cent down on last year due to reductions in government subsidies, but added that its bus business was performing well. The company, which operates its commuter rail franchises through majority-owned joint venture Govia, expects operating profit at its rail [...]
Airlines set to incur far higher losses next year December 15, 2009 AIRLINE losses caused by the recession will be 47 per cent higher next year than the $3.8bn (£2.3bn) previously forecast by the industry, although passenger numbers are likely to be better than thought. Carriers will rack up a total shortfall of $5.6bn in 2010, down from the $11bn loss expected in 2009, a revised forecast [...]
CITY MOVES | WHO’S SWITCHING JOBS December 15, 2009 PricewaterhouseCoopers The accountancy giant has hired three partners to its financial services consulting practice. Kevin Burrowes, pictured, rejoins the firm from Credit Suisse, where he was head of finance for the EMEA region. Steve Davies returns to the UK after ten years at PwC in the US, while Wolfgang Rieder rejoins from Bank Vontobel, where [...]
United cruise as sad Wolves December 15, 2009 MANCHESTER UTD (3) VS WOLVES (0) MANCHESTER UNITED moved level on points with Chelsea at the top of the Premier League table – but the spotlight was focused on Wolves chief Mick McCarthy for his controversial team selection. McCarthy made no fewer than 10 changes from the side which surprisingly beat Tottenham at White Hart [...]
High-flying Milner guides Villa to third December 15, 2009 SUNDERLAND (0) VS ASTON VILLA (2) ENGLAND hopefuls Emile Heskey and James Milner ensured Aston Villa moved up to third in the Premier League table after comfortable win at Sunderland. Heskey broke the deadlock for the visitors on 24 minutes before Milner sealed an impressive win for Martin O’Neill’s side with a superb 25-yard strike [...]
Branson unveils Virgin Racing December 15, 2009 SIR RICHARD BRANSON yesterday launched his Virgin brand’s new Formula One venture after joining forces with one of the sport’s new teams in a multi-million pound deal. The business tycoon, who backed debutants Brawn GP to the constructors’ title last season, has now thrown his weight behind Manor GP – one of four new franchises [...]
SPORT | IN BRIEF December 15, 2009 India win through in a thriller CRICKET: India held off Sri Lanka by three runs to clinch a thrilling first one-day victory, which saw the second highest aggregate of runs in an ODI. Virender Sehwag smashed six sixes and 17 fours in his 146 as India posted an imposing 414-7. But Tillakratne Dilshan then smashed [...]
Strauss: We don’t need Flintoff to intimidate you December 15, 2009 ANDREW STRAUSS last night warned South Africa they are in for a shock if they think England can’t intimidate them without Andrew Flintoff. Strauss leads his Three Lions out in a Test for the first time this morning since famously reclaiming the Ashes at The Oval in August. Talismanic Flintoff has since retired from the [...]
England can end a fine year in style December 15, 2009 LOOKING back, you have to say 2009 has been a pretty successful year for the England cricket team. Bar the disastrous one-day series against Australia, which England lost 6-1, captain Andrew Strauss has seen his side reclaim the Ashes, perform well in the Champions Trophy and now beat South Africa in a one-day series in [...]
OUT OF OFFICE December 15, 2009 THE HABIT OF ART Alan Bennett’s new play for the National Theatre may not have the universal appeal of The History Boys, but it’s a hilarious, searingly clever piece nevertheless. Richard Griffiths is on terrifically droll form as actor Fitz, playing the poet WH Auden meeting in old age with the composer Benjamin Britten in the [...]
