Carroll comeback hopes hit September 13, 2012 WEST HAM manager Sam Allardyce has played down suggestions that on-loan striker Andy Carroll could return from injury as soon as next week. Carroll was ruled out until mid-October after tearing his hamstring on debut two weeks ago, but Allardyce said yesterday: “We have got no time on it really. He is improving well.”
Derbyshire and Yorkshire go up September 13, 2012 CRICKET: Derbyshire clinched an historic first promotion and Yorkshire ensured an instant return to Division One after Division Two rivals Kent lost to Glamorgan yesterday. Derbyshire will go up as champions if they beat Hampshire, who finished day three 142-6, a lead of 139, but if they slip up today Yorkshire could take the title [...]
Motorsport mourns Watkins September 13, 2012 FORMULA ONE: Professor Sid Watkins, who was credited with overhauling F1’s safety protocol during more than 30 years in the sport, has died, aged 84. The Whitechapel Hospital neurosurgeon, as trackside doctor, played a key role in saving the lives of Rubens Barrichello and Mika Hakkinen after crashes in the mid-1990s. “It was Sid Watkins [...]
Peacock calls on Diamond League September 13, 2012 PARALYMPICS: British T44 100m gold medallist Jonnie Peacock has called for more disability events to be added to top athletics meetings. “Incorporating Paralympic sport into the Diamond League and giving it air-time, that’s the aim,” said Peacock, who beat Oscar Pistorius at London 2012. “You wouldn’t sell 80,000 tickets every single day for every single [...]
Gold spikes as Fed turns on the taps September 13, 2012 THE FEDERAL Reserve launched a third round of quantitative easing (QE3) last night, with Ben Bernanke pledging to buy an extra $40bn (£24.8bn) of assets every month until the economy recovers and unemployment falls in earnest. The Fed will also keep extending the average maturity of its asset holdings through the rest of this year, [...]
Direct Line flotation risks only raising £1.5bn for RBS September 13, 2012 CITY banks advising on the initial public offering (IPO) of Direct Line Group, London’s largest share listing this year, have warned that they might only reach a valuation for the insurance group of £1.5bn, half what many have expected. According to banking sources, the syndicate analysts’ valuation range, which is a forerunner of the official [...]
Why Ben Bernanke’s decision to launch QE3 is a bad mistake September 13, 2012 SORRY, but this is not the way to run an economy. There was a case for quantitative easing (QE) at the start of the financial crisis, and conceivably more recently too, to prevent the money supply from collapsing, in the US, in the UK and elsewhere. But not today – and especially not in America. [...]
Tory peer tells coalition to scrap capital gains tax September 13, 2012 THE GOVERNMENT should abolish capital gains tax (CGT), Tory peer Howard Flight claimed in a research paper released by the Centre for Policy Studies yesterday. However, the government must first cut the rate to 25 per cent or less, the report, prepared by Flight and Cambridge post-graduate economist Oliver Latham, says. If it can summon [...]
What the other papers say this morning September 13, 2012 FINANCIAL TIMES Deutsche Bank urges rivals to share Deutsche Bank is seeking to convince rival investment banks to share markets and trading software in an effort collectively to lower costs for the financial industry. Law firms queue up for FSA panel City law and accountancy firms are jostling for the opportunity to earn bumper fees [...]
Government to make it easier to sack workers September 13, 2012 THE GOVERNMENT will today launch its employment law reforms, with changes designed to make it simpler and less costly for employers to dismiss workers. Measures are expected to include an extension of settlement agreements, where an employee accepts a payment for leaving the company, in an attempt to reduce the number of costly employment tribunals. Time [...]
