Milner deal the final straw as O’Neill quits Villa helm August 9, 2010 FRUSTRATED Martin O’Neill finally lost patience with Aston Villa owner Randy Lerner yesterday and quit as manager just five days before the start of the new Premier League season. The Northern Irishman brought an abrupt end to his four-year tenure at Villa Park amid speculation the club were about to let midfielder James Milner join [...]
FTSE ends lower as Barclays leads banking sector retreat August 5, 2010 BRITAIN’S top shares closed down yesterday, with Barclays leading banking shares lower after it posted first-half numbers and downbeat US weekly jobless claims data later in the day only adding to the downward pressure. The FTSE 100 closed down 20.38 points, or 0.4 per cent, at 5,365.78, having fallen back from a session high of [...]
China crisis as firms quit Aim August 3, 2010 REED SMITH BEFORE the onset of the economic downturn, there seemed to be no end to the approaches being received by London Aim advisers from Chinese companies seeking an admission to Aim. Since then, however, regulatory changes in China concerning overseas listings and the depressed nature of the world equity markets in 2008 and 2009 [...]
Buy now to take advantage of the Olympic dream July 29, 2010 NEW data released by Lloyds TSB and the Land Registry this week revealed that since London won its bid to host the 2012 Olympic games, property prices in east London have climbed an average of 26 per cent. This compares to a 22 per cent rise across London with houses in the top-performing district, Homerton, [...]
What now? Prepare for the next crisis July 28, 2010 PREDICTING the future can be a notoriously tricky business. If people declare with certainty that things will happen, they often don’t. While things that no one saw coming have a horrible habit of actually happening. The Asian financial crisis in 1997 came as everyone was talking about an “Asian economic miracle”, while the most recent [...]
A sorry tale for our times July 28, 2010 THE TERRIBLE PRIVACY OF MAXWELL SIM BY JONATHAN COE Viking, £18.99 by Zoe Strimpel JONATHAN COE represents the pinnacle of British picaresque – his iconic novel about 80s Britain, What a Carve Up, hilariously and tragically skewered the stereotypes of the time while developing a narrator who is impossible not to care for even as [...]
GOING OUT July 28, 2010 WITH the summer just about living up to expectations this year, outside space has become the holy grail when picking a great place to drink in London. It’s certainly tricky to find in Mayfair and the West End so when the sun does come out, here are some of the best alfresco spots to seek [...]
Miliband the elder is Labour’s best chance July 27, 2010 POLITICAL EDITOR THERE are few things duller than a Labour leadership contest. The five rivals have been travelling the length and breadth of the country, delivering exactly the same stump speech at a never-ending series of hustings. It’s a running joke among the contenders that they know each other’s scripts off by heart, not just [...]
WHAT THE OTHER PAPERS SAY THIS MORNING July 25, 2010 THE SUNDAYS The Sunday Telegraph FUND CHIEF SLAMS OFWAT One of Britain’s leading investors in the UK’s water industry has said that Ofwat is “dysfunctional” and should be merged with the electricity regulator, Ofgem. Neil Woodford, leading fund manager for Invesco Perpetual, said that the water regulator did not understand the equity market and that [...]
Airbus signs over $28bn in deals at show July 22, 2010 AIRBUS, which has already signed $28bn (£18.3bn) in deals, topped the last days of the Farnborough show after announcing a bumper order from Virgin America for 60 planes. The EADS-owned manufacturer said yesterday that its total commitments, signed at the show, had reached 255 aircraft valued at $28bn. Airbus has seen firm orders for 133 [...]