Barbers Shop is no match for Nicholls’ Poquelin in Ryanair March 17, 2010 AGAIN, it’s certainly worth taking advantage of one of Sporting Index’s numerous match bets this afternoon. By challenging their prediction of the distance between a chosen pair of horses as they cross the line in a race, you can oppose any horse that you don’t fancy. The maximum winning distance make-up is set at 15 [...]
the INSIDER March 17, 2010 I hope you drank plenty of Guinness yesterday and you are feeling ready to take on the bookies once more today. It’s World Hurdle day at Cheltenham plus there are plenty of large fields on the supporting card. Tuesday’s results are in and based on our £1,000 bankroll, we made a profit of £377.46. We [...]
Arriva shares surge after takeover bid revealed March 17, 2010 BUS and rail group Arriva saw its shares shoot up by around a fifth after revealing it had caught the eye of a potential suitor. The FTSE 250-listed group said it had received an “unsolicited approach from a third party,” believed to be German transport group Deutsche Bahn. This already owns the Chiltern Line commuter [...]
Zara owner sees profits rise on new store openings March 17, 2010 THE owner of the Zara fashion chain has reported a five per cent rise in profits fuelled by hundreds of store openings last year. Inditex reported a net profit of £1.17bn in the year to 31 January. The company opened 343 new stores last year which helped to drive sales. The Spanish firm – which [...]
Unemployment in surprise drop March 17, 2010 UNEMPLOYMENT levels in the UK are continuing to fall with fewer people claiming jobseeker’s allowance, fresh figures showed today. The number of people out of work fell by 33,000 to 2.45m in the three months to January – the lowest for almost a year. This left the jobless rate unchanged at 7.8 per cent. Meanwhile, [...]
Black cabs to be made in China March 17, 2010 LONDON black cab production is to transfer to China – moving away from Britain for the first time. Bodies and chassis for the latest TX4 model will only be assembled at manufacturer Manganese Bronze’s Coventry plant. Sixty jobs at the plant will be lost as a result of the switch of production to China. Manganese [...]
Brown: BA strike can still be averted March 17, 2010 GORDON Brown has said that a last-ditch agreement to avert a BA cabin crew strike is possible. The Prime Minister told parliament that the planned walkout – starting this weekend – was avoidable. He said: “What we need to do is to get the unions and the management to talk to each other. “I have [...]
Whistleblower in Lehman fight March 16, 2010 MATTHEW Lee, the man who blew the whistle on Lehman Brothers’ controversial accounting techniques, is in a legal dispute with the collapsed firm. City A.M. has learned that Lee, who was made redundant from Lehman just six days after tipping off accountants Ernst & Young (E&Y) about his concerns, has filed a number of claims [...]
Wall Street rises as Fed holds rates March 16, 2010 THE US Federal Reserve signalled it would hold interest rates close to zero for at least six months yesterday as it gave a mixed outlook on America’s journey out of recession. Wall Street shares rose after the Fed said rates would stay in the 0-0.25 per cent range “for an extended period”, a relief to [...]
Hedgies off hook for now March 16, 2010 THERE was a last-minute reprieve for the hedge fund industry yesterday, after Gordon Brown personally intervened to delay a pan-European deal on tighter regulation. Sources close to the negotiations said Brown telephoned Spanish Prime Minister José Luis Rodríguez Zapatero on Monday night, to inform him that Britain could not back the Alternative Investment Fund Manager [...]
