Ombudsman registers jump in insurance firm complaints May 27, 2009 COMPLAINTS about insurance companies rose by 84 per cent last year as firms tightened their belts during the economic crisis, sometimes at the expense of customer services. A Financial Ombudsman Service report, published yesterday, says it handled a record 127,471 new disputes about firms in all sectors over the last year and a staggering 789,877 [...]
NYSE Euronext gets go ahead for derivatives clearing house May 27, 2009 NYSE EURONEXT has received approval from the FSA to launch NYSE Liffe Clearing, a clearing house for its London derivatives market. NYSE Liffe Clearing is due to launch on 27 July, subject to a period of review, as a new division of NYSE Liffe. “The new clearing arrangements will enable us for the first time [...]
BEST OF THE BROKERS May 27, 2009 MARSTON’SKBC Peel Hunt highlights Marston’s as the only pub company that has maintained its dividend, but also not chosen to raises new equity. The analysts argue that management has demonstrated its commitment to moving cash in the right direction, and argue the shares current level offers a buying opportunity. Ups target price to 200p. AVEVAInvestec [...]
Banks and retailers rally to steer the FTSE 100 ahead May 27, 2009 GAINS in banks and retailers outweighed weakness in energy stocks and drugmakers yesterday to leave the FTSE 100 up by 0.1 per cent, or 4.51 points, at 4,416.23. Trade was thin with just 67 per cent of the average of the last 90 days of trading transacted with the absence of concrete data on the [...]
Rising yields on US debt dents stocks May 27, 2009 US stocks dropped yesterday as rising yields on US government debt fuelled concern that businesses and consumers could face higher borrowing costs, which could hamper an economic recovery. The decline was broad-based, with manufacturer 3M and International Business Machines among stocks leading a 2 per cent fall on the blue-chip Dow. The S&P and Nasdaq [...]
Hop & glory May 27, 2009 MOST people, when they think of a thirst-quenching beer for summer, probably go no further than lager. Now, there is nothing wrong with a good lager, the problem is simply that there are plenty of sub-standard ones about. The pints of fizz flowing from the beer-taps of many pubs are second-rate and suffer from mass-production. [...]
WHERE TO DRINK May 27, 2009 NORTH:The Albion, nestling just off Upper Street, will make you forget you are in London. A massive, green beer garden and great food (it has won awards for its Sunday lunch) are topped off with a good beer selection, including Flowers IPA and Black Sheep.10 Thornhill Rd, N1 1HW. Highbury & Islington tube/rail. Tel: 020 [...]
Brilliant Barca ruin United’s Euro dream May 27, 2009 BARCELONA (2) vs MANCHESTER UTD (0) MANCHESTER UNITED’S dream of becoming the first team to retain the Champions League fell apart last night in Rome, unpicked by masterful Barcelona and their Argentine inspiration Lionel Messi. United swaggered into the Stadio Olimpico as slight favourites but shuffled out having been soundly beaten, Samuel Eto’o’s early strike [...]
Where do United go now after their Euro mauling? May 27, 2009 THE big question for Manchester United is: just where do they go from here? That one game, one result, has totally changed the dynamic of the United set-up for the whole summer, and it will certainly be interesting to see whether it has any effect on the likes of Cristiano Ronaldo and Carlos Tevez’s uncertain [...]
Quins duo get England nod May 27, 2009 HARLEQUINS duo Chris Robshaw and Jordan Turner-Hall have been rewarded for their outstanding seasons with a place in Martin Johnson’s England side to face the Barbarians on Saturday. Blind-side flanker Robshaw and centre Turner-Hall were inspirational in Quins’ second-place finish in the regular season and were consequently named Premiership Player of the Season and Young [...]
