Hamilton debates Twitter use October 11, 2012 FORMULA ONE: Lewis Hamilton will reconsider using Twitter after a series of controversies involving the social media website.
New spring in Price’s step October 11, 2012 BOXING: David Price believes he has “increased energy levels” ahead of tomorrow’s fight with Audley Harrison after eating kangaroo meat.
Murray reaches final eight October 11, 2012 TENNIS: Andy Murray last night advanced to the quarter-finals of the Shanghai Masters with a 6-2, 6-2 win over Alexandr Dolgopolov. He will face Radek Stepanek next.
BAE board under fire as deal fails October 10, 2012 BAE was last night scrambling to save the reputation of its board following the embarrassing collapse of the high-profile tie-up with EADS yesterday. The £30bn mega-merger between the two defence and aerospace companies skidded to a halt yesterday afternoon as talks between the governments broke down in mutual recrimination. A source with knowledge of the [...]
Direct Line to ring in at 175p a share October 10, 2012 ADVISERS to Direct Line were last night set to price the insurance group’s shares at 175p, valuing the firm at around £2.62bn. The biggest London float of the year is now certain to get off the ground with trading ready to begin this morning. Although the price is in the bottom half of the original range, [...]
PM: I want to make the UK an aspiration nation October 10, 2012 DAVID Cameron yesterday attempted to realign the Conservatives on the side of hard-working “strivers”, telling his party conference that he wants to lead an “aspiration nation”. In a speech that sought to reconnect with the lower middle and working class voters who bought into Margaret Thatcher’s vision of Britain, Cameron said the Conservatives must be the [...]
Cameron right to back strivers – but words aren’t enough October 10, 2012 LET us hope David Cameron actually means what he says. His speech to the Tory party conference yesterday was the best he has made in years. He outlined a different vision for Britain, appealing to the strivers who want to work hard and get on in life, a crucial audience whose disenchantment with the Tories [...]
S&P cuts Spain credit rating by two notches October 10, 2012 STANDARD & Poor’s yesterday slashed Spain’s sovereign credit rating by two notches, citing rising unemployment, social unrest and a deepening economic recession that is limiting the government’s policy options. The ratings agency cut the country’s long-term credit rating from BBB+ to BBB-, just above junk territory, and warned of possible further downgrades if Spain did [...]
What the other papers say this morning October 10, 2012 FINANCIAL TIMES Goldman “muppet hunt” draws blank Goldman Sachs has told its board of directors that an internal investigation found little substance to allegations made by Greg Smith, the disaffected employee who claimed the bank has a “toxic environment” where bankers refer to clients as “muppets”. The review found that weeks before his public resignation [...]
UBS probe focused on Adoboli October 10, 2012 The head of an internal UBS probe into “rogue trader” Kweku Adoboli, accused of losing the Swiss bank $2.3bn (£1.4bn), did not consider whether others at the bank might have been involved, a London court heard yesterday .However, Ruwan Weerasekera, chief operating officer of UBS’s investment arm, said two other independent inquiries had looked into [...]
