Cleverley thankful for Olympics October 14, 2012 Manchester United and England midfielder Tom Cleverley believes playing for Great Britain at London 2012 has helped him become a regular international player. He said: “The Olympics were very important to me. It was perfect to get games and play competitive matches on a big stage. Roy Hodgson was at a couple of the games, [...]
DeGale targets Pavlik showdown October 14, 2012 European super-middleweight champion James DeGale says he has asked promoter Mick Hennessy to set up a fight with America’s former world champion Kelly Pavlik. “I think Kelly Pavlik is there for the taking,” said DeGale, who fights next on December 8. “He’s a massive name and it would sell out. I’ve spoken to Mick about [...]
Manganese Bronze recalls 400 London taxis October 12, 2012 Troubled London cab manufacturer Manganese Bronze announced today that it will recall around 400 of its TX4 London taxis and will stop sales of new TX4 models due to a defect in the steering box. The problem with the steering boxes, which were introduced to its Coventry plant in late February, was identified two weeks [...]
Npower and British Gas hike energy prices October 12, 2012 Energy companies npower and British Gas today announced price hikes for its customers, adding £112 and £80 a month respectively to the average customer’s annual dual fuel bill. British Gas this morning confirmed it is to hike gas and electricity prices by an average of six per cent from 16 November, equating to £1.50 a [...]
Record revenue at Hargreaves Lansdown October 12, 2012 Sharedealing platform Hargreaves Lansdown today revealed record revenues up 20 per cent to £68.7m in the three months to 30 September. The FTSE 250 listed firm saw its assets under administration increase by £2.2bn to 28.5 billion over the period. The forthcoming Retail Distribution Review, which bans commission-based advice, has boosted the market dominance of [...]
Lehman Europe plans creditor payout in November October 12, 2012 The European arm of Lehman Brothers is to return cash to unsecured investors at the end of November, its first since the investment bank fell four years ago. Administrator PricewaterhouseCoopers is yet to announce the size of the payment. So far, it has agreed around £3.9bn worth of claims with unsecured creditors. These investors typically [...]
Amplats loses £79m over South Africa strikes October 12, 2012 Anglo American Platinum has lost ZAR1.1bn (£79m) during the four-week strike at its Rustenberg operations, the miner said today. On average, it has lost 3,800 ounces of platinum each day, amounting to 67,000 ounces overall since the strike started on 12 September. Attendance at the Rustenberg operations has remained below 20 per cent, and the [...]
Flybe adds 12 Finnair routes October 12, 2012 Budget airline Flybe today finalised a deal to operate twelve short haul routes in the Nordic and Baltic regions for struggling Finnish carrier Finnair. The plan, announced in May, will see Flybe take over a third of Finnair’s European routes as of 28 October, operating hundred-capacity Embraer E190 aircraft on its behalf. The aircraft will [...]
Volkswagen reports jump in sales October 12, 2012 German car maker Volkswagen today said global sales increased by 9.7 per cent for the first three quarters of the year. The company announced a 6.6 per cent increase in group sales, 801,000 vehicles, in September. The German firm delivered 2.8m vehicles over the European market, while deliveries in North America for the nine months [...]
Morgan Sindall and Arup net £1.1bn Sellafield contract October 12, 2012 Building group Morgan Sindall and engineering consultancy Arup have secured a £1.1bn services contract at the Sellafield nuclear site, Cumbria. The joint venture will improve and develop key infrastructure assets at Sellafield including the maintenance of steam and electricity generation, water supply, chemical storage and distribution, drainage networks and all transport infrastructure at the nuclear [...]
