Rodwell shuns United to ink five-year Everton deal May 24, 2010 ENGLAND Under-21 star Jack Rodwell insists he is delighted to have snubbed interest from Manchester United in favour of signing a new deal at Everton. Rodwell, 19, has penned a five-year contract with the Toffees, little more than a year after agreeing his first major deal with the club. And while he admits being linked [...]
Cuts won’t affect London 2012 May 24, 2010 OLYMPICS: Olympic chiefs insist the government’s £27m of budget cuts from the London 2012 Games will not affect its programming. The Conservative/Liberal Democrat coalition announced yesterday that the cuts are to be made as part of the £6.2bn of savings in public spending. But John Armitt, chairman of the Olympic Delivery Authority (ODA) – the [...]
Joyce returns to Irish roots May 24, 2010 CRICKET: Sussex opener Ed Joyce has turned his back on England to resume his international career with Ireland. The 31-year-old Dubliner, who played 17 one-dayers for England under residency grounds, is requesting special dispensation from the International Cricket Council (ICC) to play for the Irish in the 2011 World Cup. “While I believe I’m good [...]
Big Buck’s is Horse of the Year May 24, 2010 RACING: Champion hurdler Big Buck’s has been named the 2010 Horse of the Year. The unbeaten Cheltenham and Aintree Festival winner, trained by Paul Nicholls, won 32 per cent of 1,500 online votes to claim the award, beating Imperial Commander, Kauto Star, Denman and Binocular. Meanwhile, Kauto Star, has been given a rating of 190 [...]
Rees signs two-year deal May 24, 2010 RUGBY UNION: England flanker Tom Rees has agreed a two-year contract extension that will keep him at Wasps until 2013. Club captain Rees, 25, recovered from two shoulder operations to make his 100th appearance for the Premiership club this season. “Tom is a player who embodies what Wasps is about,” said director of rugby Tony [...]
The beginning of the age of austerity leaves markets cautiously optimistic May 24, 2010 THE markets’ wait to hear more details of exactly where the axe will fall on public spending has come to an end. Yesterday chancellor George Osborne kicked off the “age of austerity” with a list of £6.2bn in cuts for this fiscal year. But due to the extent of the shortfall in the UK’s public [...]
Miners and banks help FTSE overturn three days of losses May 24, 2010 BRITAIN’S top shares broke a three-day losing streak yesterday as miners spurred by upbeat comments from China, outpaced falls in oils led by BP as concerns lingered over the Gulf of Mexico oil disaster. The FTSE 100 ended 6.68 points or 0.1 per cent higher at 5,026.44, in choppy trade. The index is down more [...]
Dow slides on bank woes in Eurozone May 24, 2010 US stocks slid yesterday, driving the Dow to its lowest level since 10 February as fresh signs of Europe’s banking problems emerged. The Eurozone’s turbulence kept investors wary of taking on risk, after the S&P 500’s 4.2 per cent drop last week. Financial shares were among the day’s largest decliners, with the KBW Bank index [...]
FSA blocks banker from Nomura job May 24, 2010 JAPANESE bank Nomura has failed in its bid to recruit a former Morgan Stanley banker as one of its new global finance bosses amid a clampdown on executive appointments by the City watchdog. The Financial Services Authority (FSA) is understood to have blocked Nomura’s attempt to appoint John Hyman as its new co-head of global [...]
Private equity deals back after crisis May 24, 2010 PRIVATE equity buyouts in the latest quarter were higher than last year, but trade remains subdued compared to pre-downturn levels in 2007. The total value of UK deals in the first quarter 2010 was around a tenth of the 2007 peak of €45bn (£38.7bn at today’s exchange rate), according to figures published by Mergermarket. The [...]
