GPE to head back into market July 9, 2009 Central London office landlord Great Portland Estates is on the cusp of returning to Britain’s bombed-out property market, despite concerns that unstable economic conditions will persist for months to come. Chairman Martin Scicluna said the company had seen an uptick in “attractively priced acquisition opportunities” in the last two months and was engaged in early [...]
Jones puts his house in order as loan row grows July 9, 2009 Embattled JJB executive chairman Sir David Jones has put his main home on the market, in the midst of a storm over a £1.5m loan from Sports Direct owner Mike Ashley. It was revealed yesterday that Jones has been trying to sell his seven bedroomed home in West Yorkshire for three months. The property features [...]
Distressed firms depart Aim in growing numbers July 9, 2009 THE NUMBER of Aim-listed companies that have delisted due to financial distress and insolvency soared by 183 per cent in the quarter ending 30 June, according to figures released yesterday. City law firm Trowers & Hamlins and accountancy group UHY Hacker Young published the research, which showed that 34 companies delisted due to financial problems [...]
Primark growth accelerates July 9, 2009 DISCOUNT fashion retailer Primark saw its third-quarter growth accelerate, helped by good weather and the attraction of its low prices in a downturn, but its owner Associated British Foods held to its flat year earnings forecast. The 190-strong stores division reported its sales rose 21 per cent in the 16-week quarter to 20 June, and [...]
Hays: City job market first to stabilise July 9, 2009 HAYS, the country’s largest recruitment firm, said yesterday that the job market in the City has begun to stabilise, as institutions look to position themselves for the opportunities an economic recovery will bring. “The only area of stability we’ve seen is in the City of London,” said the firm’s finance director Paul Venables, defining stability [...]
Van Persie tells fans to trust in Arsenal bosses July 9, 2009 ARSENAL striker Robin van Persie has urged disgruntled supporters to keep faith with the Gunners hierarchy. No trophies in four years and a lack of funds for new signings has got some fans worried for the future. Chief executive Ivan Gazidis insists the club can be successful by living within its means, rather than accepting [...]
Outcast Deco issues an ultimatum to Ancelotti but Cole set to pen new deal July 9, 2009 OUT-OF-FAVOUR Chelsea midfielder Deco has warned boss Carlo Ancelotti that things must change if he is to stay at Stamford Bridge. The Portugal international has been linked with a move away from the west London club after enduring a disappointing debut season in the Premier League. Playmaker Deco, 32, made just three appearances during Guus [...]
It’s Australia’s game to lose but there’s still a lot to play for July 9, 2009 SOMETIMES in Test match cricket you just have to hold your hand up and applaud your opponents when it just isn’t your day. Ricky Ponting showed just why he is regarded as one of the best batsmen of the modern era with a tremendous innings, backed up by a patient knock from Simon Katich. England [...]
Ponting and Katich have tons of fun as Aussies revel July 9, 2009 AUSTRALIA batsmen Ricky Ponting and Simon Katich both hit centuries as the tourists regained the upper hand on day two of the first Ashes Test in Cardiff. Captain Ponting (100 not out) recorded his 38th Test century and Katich (104 n.o.) his first Ashes ton to guide the Aussies to 249-1 in reply to England’s [...]
Sarries book Wembley date July 9, 2009 RUGBY UNION: Saracens have landed a coup after moving their second Guinness Premiership match of the season against Northampton Saints to Wembley Stadium on 12 September. Wembley, which hosts the Challenge Cup final every year, has a capacity of 90,000 compared to Sarries’ Vicarage Road home in Watford, which holds 19,900.
