Time is right for Broadgate stake sale August 18, 2009 NOTHING symbolised the post Big Bang world in the City more than the development of the Broadgate complex near Liverpool Street and Moorgate in the 1980s. The ice rink and the gleaming buildings fitted out for the likes of Shearson Lehman and SGWarburg were the focal point for the new City, before even the first [...]
Countrywide boss in scrap August 18, 2009 COUNTRYWIDE chairman Harry Hill has triggered a fierce City row by trying to oust board members from an Aim company in which he is a shareholder by sending out pre-ticked voting cards. The activist investor, who owns 19 per cent of Sovereign Reversions, has been slammed by the firm’s board, with executive director Rupert Pearce [...]
CAMERON WARNS ON BRITISH DEBT August 18, 2009 TORY leader David Cameron came under fire from the Labour party yesterday after he warned that Britain could struggle to repay its debt. Speaking at the Royal Society of Arts, Cameron said that increased government debt runs the risk of higher interest rates and “not being able to meet your obligations”. However, the opposition leader [...]
TRAIN FARES SET TO DROP NEXT YEAR August 18, 2009 &9632; Rail fares to be cut for first time since privatisation&9632; Cuts come as train firms struggle with franchise payments&9632; Rail companies could hike non-regulated fares to plug gap RAIL fares are set to come down for the first time since privatisation, but there were fears yesterday that commuters might be hit by rising railway [...]
WILL TESCO’S CLUBCARD STOP IT FROM LOSING MARKET SHARE? August 18, 2009 KEITH BOWMAN HARGREAVES LANSDOWNI’m sure it’s being done as a way to fight back against the competition. There are groups of shoppers who chase the cheapest deal, so this may encourage more customer loyalty. NICK BUBB PALI INTERNATIONALIt’s Tesco’s trump card. Whether it will attract away from the competition is another matter. WM Morrison doesn’t [...]
Tesco’s rivals eat into its market share August 18, 2009 TESCO, the UK’s biggest retailer, is continuing to lose market share, according to new figures, despite relaunching its Clubcard. The supermarket recently beefed up its loyalty card scheme, offering shoppers two points for every £1 spent, as opposed to just one. It had hoped the tactics would stop customers shopping at rivals like Asda and [...]
The recession is not going to put an end to the online free-for-all August 18, 2009 IF you have spent most of your working life championing the web, it must be hard when it turns against you. But type the name “Chris Anderson” and “plagiarism” into Google, and it provides 50,000 results, most of them from the blogsphere. It seems the editor of Silicon Valley bible Wired and author of cult [...]
SPORT IN BRIEF August 18, 2009 Wolves spoil Martinez homecomingFOOTBALL: A header from Andy Keogh gave newly-promoted Wolves a 1-0 victory at Wigan and their first away win in 30 Premier League matches. The Republic of Ireland forward nodded in off the post in the sixth minute to spoil Roberto Martinez’s first home game in charge since returning to the Latics [...]
Britain’s Idowu leaps best ever for world title August 18, 2009 BRITAIN’S Philips Idowu claimed the World Championship title in Berlin last night with a personal best leap of 17.73 metres. Idowu’s third-round leap earned him revenge over Portugal’s Nelson Evora, who beat the Londoner at last summer’s Olympics but could only jump 17.55m. Idowu, 30, broke down in tears after Evora’s final jump fell short. [...]
Flintoff: 2009 win would beat 2005 August 18, 2009 ENGLAND all-rounder Andrew Flintoff believes a series-clinching victory in this week’s final Ashes Test would eclipse even the achievements of the class of 2005. Flintoff, part of the side that beat Australia to claim the urn four years ago, expects to be fit enough to take the field tomorrow for the decider at the Oval. [...]
