Expect another Power surge in today’s Nunthorpe August 23, 2012 I WAS at York on Wednesday to see the great Frankel strut his stuff over 10 furlongs for the first time and it was an experience I will never forget. He could win just about any race and if he was to line-up in this afternoon’s Nunthorpe Stakes (3.40pm), the next round of the QIPCO [...]
Steps To Freedom looks a big price to defy welter burden in the Ebor August 23, 2012 ONLY one favourite has won the last 13 renewals of the Betfred Ebor (3.40pm) and Sir Mark Prescott’s Motivado, who sneaked into the UK’s richest handicap by the skin of his teeth, is a warm order to buck that losing trend. The four-year-old was an emphatic winner of a handicap over this trip at Glorious [...]
Frankie’s thoughts August 23, 2012 What is there left to say about Frankel? He is an unbelievable horse and we are very lucky to have him. It was nice to finish second to him on Farhh, but we never had a chance of beating him. I ride Spirit Quartz in the Nunthorpe this afternoon and he must have a reasonable [...]
Guilty ten times over August 22, 2012 ■ Ex-Polly Peck chief stole £28.9m ■ Sentence to be given this morning ■ Creditors seek £374m in assets ■ Triumph for the Serious Fraud Office ■ Wife vows he will appeal verdict FORMER fugitive tycoon Asil Nadir was yesterday convicted of plundering £28.9m from his former company Polly Peck International in a complex financial [...]
Consumers hit by energy and mortgage price hikes August 22, 2012 CONSUMERS are facing up to an autumn of painful price rises after one of the country’s biggest energy suppliers yesterday hiked its charges, just hours after Santander confirmed that it would increase the interest rate on many of its mortgages. SSE, formerly Scottish and Southern Energy, said a nine per cent jump in tariffs from [...]
BSkyB’s rivals scheme over new live football rights deals August 22, 2012 Word that ITV might be interested in showing live Premier League matches for the first time ever is fascinating. If the unlikely move occurred, ITV would bring elite football back to a broader audience after more than 20 years of having it shown exclusively live on pay-per-view television. Not everybody would be cheering from their [...]
What the other papers say this morning August 22, 2012 FINANCIAL TIMES Firms to disclose government fees Oil and mining groups with US listings will have to disclose payments to foreign governments afte US regulators rejected most of the industry’s efforts to water down new rules intended to combat corruption. It will affect firms such as ExxonMobil, BP and Rio Tinto and oblige manufacturers such as [...]
KPMG: Bankers face job losses and pay cuts August 22, 2012 SPENDING cuts and jobs losses at big UK and European banks have not been enough to stabilise their positions, and more will be needed if the economy does not improve soon, according to a KPMG report published today. Major institutions have “made real progress in strengthening balance sheets and capital reserves,” said the analysis of [...]
Fed considers new stimulus August 22, 2012 THE US Federal Reserve is likely to deliver another round of monetary stimulus “fairly soon” unless the economy improves considerably, according to minutes of its most recent meeting released yesterday. “Many members judged that additional monetary accommodation would likely be warranted fairly soon unless incoming information pointed to a substantial and sustainable strengthening in the [...]
HP posts loss on writedown August 22, 2012 HEWLETT-PACKARD (HP) last night announced a $8.9bn (£5.6bn) quarterly loss as personal computer sales continued to fall and it absorbed a $10.8bn writedown, mainly relating to the purchase of its EDS software business. Net revenue fell by five per cent to $29.7bn, while income from the firm’s services division held up better than hardware sales. [...]
