HAMMER TIME | Nolan downs Brighton October 24, 2011 KEVIN NOLAN scored his fourth goal of the season last night as West Ham beat Brighton 1-0 at the Amex Stadium and climbed to second in the Championship. Midfielder Nolan rifled the winner from distance in the 17th minute but the Hammers had to withstand sustained pressure before clinching their seventh league win of the [...]
SPORT | IN BRIEF October 24, 2011 Villas-Boas waits on ref probe FOOTBALL: Chelsea manager Andre Villas-Boas will learn tomorrow whether he is to face punishment for his outburst at referee Chris Foy following Sunday’s defeat at QPR. Rangers, meanwhile, will speak to defender Anton Ferdinand today regarding his on-field row with Blues skipper John Terry, after which Terry denied making racist [...]
Defiance October 24, 2011 DAVID Cameron, the Prime Minister, was left humiliated last night by a massive backbench rebellion, after around 80 Tory MPs defied the government and voted in favour of a referendum on Britain’s membership of the European Union. Although the government defeated the motion by 483 votes to 111, almost half of Tory backbench MPs who [...]
Berlusconi calls crisis meeting as Eurozone lurches towards deal October 24, 2011 EMERGENCY talks got underway in Italy yesterday as the country’s embattled prime minister Silvio Berlusconi belatedly decided to get to grips with the nation’s weak financial position. Nicolas Sarkozy and Angela Merkel have told Italy that urgent action is needed to improve its finances ahead of a euro-saving summit tomorrow. Berlusconi has previously promised to [...]
City hits out at Tobin tax October 24, 2011 ELEVEN of the City’s main financial groups have urged chancellor George Osborne to fight any proposed financial transactions tax, in a letter sent to the Treasury yesterday. The City collective – which includes the British Bankers’ Association and Investment Management Association – argued that a tax would hammer the economy and affect all of the [...]
David Cameron must listen to his MPs October 24, 2011 IF you imagine that yesterday’s mass rebellion by Eurosceptic Tory MPs is only of interest to anoraks, think again. It demonstrates that there are now three parties in the coalition: the anti-Cameron Tory rebels who will be voting against him at every opportunity; the centrist Cameron Tories, many of whom actually agree with the rebels [...]
Economy may be shrinking October 24, 2011 GROWTH is weak and the UK’s economy may be contracting in this quarter, the monetary policy committee’s Martin Weale said yesterday. “The underlying rate of growth is weak, I wouldn’t be terribly surprised if we saw growth contract in the fourth quarter,” Weale told Channel 4 News. “The risk of recession is higher than it [...]
WHAT THE OTHER PAPERS SAY THIS MORNING October 24, 2011 FINANCIAL TIMES DEFENCE ATTACKS ONE-SIDED PROBE IN F1 BRIBERY TRIAL The trial of a German banker alleged to have accepted $44m in bribes from Bernie Ecclestone, the Formula One chief, and a trust linked to his former wife began in Munich yesterday with the defendant’s lawyer accusing media and prosecutors of “hounding” his client. Gerhard [...]
Gaddafi burial in secret location October 24, 2011 The body of the ousted Libyan leader Muammar Gaddafi will be buried today in a secret desert grave, a National Transitional Council official said last night. “He will be buried tomorrow in a simple burial with sheikhs attending the burial. It will be an unknown location in the open desert,” the official said. Rebels had [...]
Morgan Stanley to sell Saxon October 24, 2011 Morgan Stanley plans to sell its mortgage-servicing business to Ocwen Financial Corp for $59.3m (£37m), closing out a money-losing strategy that stemmed from the subprime housing bubble. The deal, announced yesterday, signals Ocwen’s strategy of expanding by buying troubled servicing assets on the cheap from big banks that have stepped back from the US mortgage [...]
