CITY MOVES WHO’S SWITCHING JOBS June 16, 2009 AIB GroupThe UK-based subsidiary of Allied Irish Bank has appointed Nick Treble to the position of managing director. Treble, 49, has worked at the bank for 27 years, joining in 1982 as a trainee in its treasury department. He subsequently held posts in London as head of treasury and general manager for capital markets, before being appointed group treasurer in 2001. He became chief risk officer in early 2008. Financial Services Authority The City watchdog has appointed Ken [...]
Man Utd and Chelsea face off for 60m star Ribery June 16, 2009 MANCHESTER UNITED and Chelsea are locked in a four-way battle with Europe’s biggest clubs to sign £60m-rated Bayern Munich winger Franck Ribery, the German club said yesterday. United have bid for the France star as a replacement for Real Madrid-bound Cristiano Ronaldo, while Bayern said they had also received a bid from Chelsea, who are [...]
Carter under attack over Digital vision June 16, 2009 CRITICS were yesterday lining up to say that Lord Carter’s Digital Britain Report had failed to prepare the nation for a digital future. The communications minister, who is leaving the government this summer, outlined plans to use part of the BBC’s “switchover surplus” – money earmarked to pay for the digital switchover – and a [...]
LIONS WOUNDED IN VICTORY June 16, 2009 THE BRITISH and Irish Lions will take a 100 per cent record into Saturday’s first Test against South Africa after beating the Southern Kings 20-8 yesterday. But their elation was tempered by concern after a bruising encounter resulted in injuries to prop Euan Murray and fly-half James Hook (above). Wing Ugo Monye scored the opening [...]
Q & A : WHAT DID THE CARTER REPORT DELIVER? June 16, 2009 Q. WHAT DOES THE REPORT MEAN FOR REGIONAL NEWSPAPERS A. Struggling regional newspaper owners like Johnston Press, Trinity Mirror and DMGT had been hoping for a relaxation of merger rules, which would have led to scores of cost-saving mergers across the industry. But the Office of Fair Trading says the rules should stay as they are Q. WILL IT LEAD TO BROADBAND FOR ALL?A. It’s unlikely. It proposes universal access to 2Mbps broadband, which is actually very slow but fast enough to watch [...]
Ace Gerrard rocks Reds with shock quit threat June 16, 2009 STEVEN GERRARD has rocked England by insisting next summer’s World Cup could be his last after admitting he could retire in 2013. The Liverpool captain will be 33 at the end of his current contract, when he says he wants to call time on his illustrious career as a one-club man. Midfielder Gerrard also admitted [...]
CITY VIEWS: SHOULD PART OF THE BBC LICENCE FEE GO TO COMMERCIAL BROADCASTERS? June 16, 2009 DAVID MAYNARD UBS“If the BBC is going to remain competitive it’s going to have to pay enough to keep the best people at the channel. I think it should keep the money. At the end of the day if they don’t pay enough, their best staff will defer to rivals who will.” RISHI PATEL RBS [...]
Economy fears hit oil, miners and banks but defensives fly June 16, 2009 THE FTSE 100 closed 0.1 per cent higher yesterday, recovering only a small part of Monday’s sharp falls as strength in defensive stocks was countered by falls in oils, miners, and banks. At the close the FTSE 100 was up 2.56 points at 4,328.57, rallying slightly after hitting a six-week closing low on Monday when [...]
US falls on gloomy stats and Best Buy June 16, 2009 US stocks slipped yesterday as mixed economic data and disappointing sales figures from giant electronics retailer Best Buy spurred worries about an anemic recovery. After a three-month run that lifted the S&P 500 as much as 40 per cent from 12-year lows, analysts said the economy needs to start showing real improvement to support optimism [...]
Tchenguiz not backing down June 16, 2009 PROPERTY tycoon Vincent Tchenguiz yesterday refused to adjourn a general meeting of shareholders in Bramdean Alternatives, the listed fund for which he is tussling for control, while a leading corporate governance group warned his actions could give rise to potential conflicts of interest. The announcement comes after Nicola Horlick, the manager of Bramdean Alternatives, on [...]
