FTSE down as storm clouds surround Osborne November 29, 2011 The FTSE opened down as stuttering UK growth cast a shadow over chancellor George Osborne’s Autumn statement on the economy to be delivered later today. Grim forecasts on growth from the OECD yesterday painted a bleak picture as the UK struggles to get its economic recovery into gear. The government has already indicated that billions [...]
S&P may cut France’s Triple-A outlook ‘within 10 days’ November 29, 2011 Credit rating agency Standard & Poor’s could change its outlook on France’s triple-A credit rating to negative within the next 10 days, a French newspaper reported. This is the latest signal that France’s top-tier status is at risk. An S&P spokesperson in Paris said the agency did not comment on rumours. A spokesman in Melbourne [...]
Gatwick Airport profits rise fuelled by passenger number lift November 29, 2011 London’s Gatwick Airport reported a 43 per cent rise in first-half profit, helped by strong growth in passenger traffic, which it expects to continue in final six months of the year. Gatwick airport, owned by US investment fund Global Infrastructure Partners (GIP), on Tuesday said its operating profit rose to £118.6m in the six months [...]
Findel losses widen November 29, 2011 Findel’s adjusted pretax loss widened for the first half, but the British home shopping and sports-kit retailer said its largest unit was on track for a very strong Christmas with current trading ahead of last year. For the six months to 30 September, Findel reported a pretax loss before exceptional items and terminated operations of [...]
IG forecasts 23pc revenue lift November 29, 2011 Spread-betting company IG Group said first-half revenue should rise 23 per cent, with trading volumes lifted by market volatility. “Following on from a strong first quarter, the group has continued to experience high levels of client activity during the second quarter of its financial year,” IG said in a statement. The company expected first-half revenues [...]
House prices rise for third month November 29, 2011 House prices edged up in November, beating expectations and despite a weak economy, but activity remains subdued and prices are more likely to dip in the next 12 months, mortgage lender Nationwide said. House prices rose 0.4 per cent from October on a seasonally adjusted basis, their third straight monthly increase, a Nationwide survey showed. [...]
As consistent off-field as on, Speed’s death stunned us all November 28, 2011 ONE topic monopolised the conversation when I met my former Rangers team-mate Richard Gough for lunch today, and that was the utter disbelief throughout the football world at the tragic death of Gary Speed. So much has been said already but it bears repeating what a fine example he was as a player, manager and [...]
Consistency marks Donald out as the star of 2011 November 28, 2011 IT’S BEEN an unforgettable year for the sport of golf and one that will last long in the memory. With Europeans occupying the top four spots in the world rankings and two more enjoying success at the Majors, there is certainly plenty to be enthusiastic about heading into 2012 which is, of course, a Ryder [...]
Lay off Nasri: Wenger tells fans not to jeer Samir November 28, 2011 ARSENAL vs MAN CITY ARSENAL manager Arsene Wenger has urged Gunners fans still angry at Samir Nasri’s summer defection to Manchester City not to boo him when he returns to Emirates Stadium for the first time tonight. France midfielder Nasri provoked fury among some Arsenal supporters by refusing to sign a new contract last season, [...]
Tindall reinstated in England squad and fine cut on appeal November 28, 2011 FORMER England captain Mike Tindall has been handed an international lifeline after he was reinstated to the elite player squad last night, following a successful appeal over the ban he received for his conduct at the World Cup. The Gloucester centre was reprimanded after the controversial night out in Queenstown that followed England’s opening win [...]