Murphy agrees Blackburn move June 25, 2012 FOOTBALL: Danny Murphy has signed a two-year contract to leave Fulham and join relegated Blackburn.
Barton punished for City debacle June 25, 2012 QPR have stripped Joey Barton of the club captaincy and fined him six weeks’ wages his infamous red card against Manchester City last season.
England name squad for Australia June 25, 2012 CRICKET: England have named an unchanged 14-man squad for their five-match one-day series against Australia, which begins on Friday.
Nein Nein Nein June 25, 2012 The Eurozone crisis escalated last night as credit rating agency Moody’s slashed the ratings of 28 Spanish banks, while earlier in the day German Chancellor Angela Merkel appeared to rule out plans to mitigate the euro area’s troubles with more debt sharing. The mass downgrades followed the lowering of Spain’s sovereign rating to Baa3 on [...]
Online blunder puts Hester’s bonus under threat again June 25, 2012 As the computer meltdown at NatWest entered another week, pressure mounted yesterday to make senior management pay the price for the disruption. Liberal Democrat peer Lord Oakeshott told Sky News that there was “no question that [RBS boss] Stephen Hester should not be eligible for a bonus after this fiasco.” Interviewed yesterday, Hester said management [...]
RBS customers may reach for the switch after fiasco June 25, 2012 Furious customers were searching for a way out of their relationship with part-nationalised banking group RBS yesterday as promises of further extensions to normal opening hours failed to reassure. Comparison site Moneynet.co.uk reported a 10 per cent jump in hits from those searching for alternative current account providers. One business leader told City A.M.: “This [...]
Euro’s deluded alchemists were chasing fool’s gold all along June 25, 2012 WHAT is most upsetting about the Eurozone project is that it was based on a giant lie, one all too familiar in other contexts across the wealthy Western world. Europeans were told that they would be able to stay rich without having to work harder or change their ways: the single currency was meant to [...]
Credit Suisse to cut investment banking staff June 25, 2012 SWISS bank Credit Suisse is to cut senior staff in its European investment banking department by up to a third, sources said yesterday, as tighter regulation and weak markets hit the sector. “In the European investment banking business, they are going to get rid of 60 directors and managing directors,” one said. The investment banking [...]
WHAT TO DO IF YOU HAVE BEEN AFFECTED June 25, 2012 First steps The Payments Council, the voluntary industry body that sets strategy and standards for payment systems and services industry in the UK, provided the following advice yesterday: • Speak to your bank or building society. They should help to resolve your problems as quickly as possible • Make a note of all communication and [...]
WHAT THE OTHER PAPERS SAY THIS MORNING June 25, 2012 FINANCIAL TIMES EU plan to rewrite budgets The European Union would gain far-reaching powers to rewrite national budgets for Eurozone countries that breach debt and deficit rules under proposals likely to be discussed at a summit this week, according to a draft report seen by the Financial Times. State-backed cyber attack cost UK company £800m, [...]
