CITY VIEWS: DO YOU AGREE THAT WE’RE NOT OUT OF THE WOODS YET ? June 22, 2009 ANDY HEARN BANNERMAN RENDELL“I don’t think we are over the worst of it yet. There is still not a lot of public confidence. Unemployment continues to weigh on peoples’ minds and while there are still job cuts I don’t think we can begin to say we’re near a recovery.” CHARLES RAWLINS ACE INSURANCE“I think this [...]
YELL WARNS ON DEBT June 22, 2009 SHARES in Yell Group, which recently appointed ex-Merrill Lynch man Bob Wigley as chairman, slumped nearly 14 per cent to 25.5p yesterday after the directories publisher warned that a nine per cent dip in earnings would force it to renegotiate its debt covenants for a second time.
World Bank dashes hopes of a recovery June 22, 2009 HOPES of a global recovery were dealt a blow yesterday after the World Bank slashed its 2009 growth forecasts and said the burden of bank restructuring will hinder recovery in developed nations. The Bank said the US economy will shrink by three per cent this year and the eurozone by 4.5 per cent, compared to [...]
Owen hot property but frosty on foreign suitors June 22, 2009 NEWCASTLE striker Michael Owen insists he has had no shortage of inquiries from clubs at home and abroad interested in signing him on a free transfer this summer. Owen said yesterday he expects to leave St James’ Park when his contract expires in the next few weeks, and would prefer to join another outfit in [...]
Home hero Murray all set for tilt at history June 22, 2009 ANDY MURRAY begins his quest today to become the first British man to win the Wimbledon singles title since Fred Perry in 1936 – and the Scot says he is ready. The 22-year-old starts the tournament as second favourite behind five-time winner Roger Federer, following the withdrawal of reigning champion Rafael Nadal. World No3 Murray’s [...]
Brit launches bid for Chaucer June 22, 2009 LLOYD’S of London insurer Brit Insurance made a £226m all-share offer for smaller rival Chaucer yesterday, forcing private equity group Pamplona to reveal it has built a 7.34 per cent stake in the company. Brit is offering the Chaucer board 0.23 new Brit shares for every Chaucer share. This is a nil-premium offer, meaning it [...]
17.5m Johnson snubs Blues in favour of Liverpool move June 22, 2009 ENGLAND defender Glen Johnson is set to complete a £17.5m transfer to Liverpool after rejecting a return to former club Chelsea. Liverpool confirmed last night they had agreed a fee with Portsmouth and personal terms with Johnson, 24, following a three-way chase for his signature. Big-spending Manchester City were also in the running while Chelsea [...]
Robson, 15, wins hearts but loses battle at Wimbledon June 22, 2009 BRITISH starlet Laura Robson said she was “upset but proud” after the 15-year-old gave former world No5 Daniela Hantuchova a major scare at Wimbledon. Robson, last year’s junior champion, had her opponent on the rack after taking the first set and moving a break ahead in the second. Nerves took their toll on the left-hander, [...]
FOOTBALL IN BRIEF June 22, 2009 Rodwell earns U21s top spotENGLAND clinched top spot in their group with a 1-1 draw against Germany at the European Under-21 Championship last night. Everton midfielder Jack Rodwell headed the equaliser for Stuart Pearce’s much-changed side, who had already booked a place in the semi-finals. Germany, who have also reached the last four, had earlier [...]
Hughes reunited with Santa Cruz after 18m deal sealed June 22, 2009 ROQUE SANTA CRUZ hailed the chance to work with former boss Mark Hughes as the major factor in his decision to make an £18m move to Manchester City after completing the long-awaited switch yesterday. After passing a medical the 27-year-old Paraguay striker signed a four-year deal which commits him to Eastlands until 2012. “I know the [...]
