BT Sport’s Champions League coverage to feature Steven Gerrard and Gary Lineker and cost additional £5 June 9, 2015 Before jetting off to Hollywood to play for LA Galaxy, Liverpool legend Steven Gerrard will join Gary Lineker in the BT Sport studio as a pundit for its Champions League coverage. Harry Redknapp, Glenn Hoddle and Howard Webb will also join the channel's team for its biggest season of football to date. BT will broadcast [...]
Banks hoping for levy freeze June 8, 2015 BRITAIN’S banks hope George Osborne may begin to adopt a warmer tone to the sector at his Mansion House speech tomorrow. Lenders do not expect the chancellor to stop bank bashing, as he introduced the bank levy and hiked it nine times, but they do hope for a softening in his tone. HSBC boss Stuart [...]
Mark Carney’s Mansion House speech to reveal new board overseeing markets chaired by Allianz’s Elizabeth Corley June 8, 2015 The governor of the Bank of England is poised to announce a new City body charged with "promoting industry standards in financial markets" with Allianz Global Investors boss Elizabeth Corley at the helm. The new body is being formed as a result of George Osborne's market review which kicked-off last year following a string of financial scandals, [...]
Bradley Wiggins The Hour record attempt: What is it, what’s the time to beat, when will he do it and how can you watch? June 7, 2015 Bradley Wiggins is about to attempt a new record in the cycling world, adding to his already impressive string of accolades which include Olympic gold medals and being crowned Tour de France champion. The Hour is a simple sounding record attempt where riders must cycle the furthest distance within 60 minutes to take the record. [...]
Dolniya looks every inch an Arc filly June 5, 2015 RACE 3 3.10pm Investec Coronation Cup THE Investec Coronation Cup is a race that Aidan O’Brien has farmed over the past decade, winning it a record seven times. Just like last year, however, when Ballydoyle’s 2013 Derby winner Ruler Of The World suffered a setback, the yard’s Tapestry had to be scratched before the final [...]
Worldpay is set to float June 4, 2015 THE OWNERS of payments processing company Worldpay are getting ready for a £6bn stock market listing, hiring six banks to lead the initial public offering (IPO). Sky News first reported that Worldpay’s owners, Advent International and Bain Capital, are close to appointing Bank of America Merrill Lynch, Goldman Sachs and Morgan Stanley as global co-ordinators [...]
Lloyds may face record fine over £100m for PPI complaints fiasco June 4, 2015 LLOYDS Banking Group could be slammed with a record fine from the Financial Conduct Authority for its handling of PPI complaints. The bank – which is currently still part-owned by the taxpayer – could receive a penalty of “well over £100m” from City watchdog the FCA . The fine could be made public as early [...]
Greece delays €300m IMF payment until the end of the month June 4, 2015 Greece has informed the International Monetary Fund (IMF) that it plans to bundle its June debt repayments into one payment of €1.5bn due on 30 June. Originally, the Greek government had a €300m payment to the IMF on Friday. However, Green has announced that it will bundle this, along three other payments, into one at [...]
Leaked Greece proposals show Tsipras wants primary budget surplus target to be slashed to below one per cent June 4, 2015 A 47-page document put together by Greek Prime Minister Alexis Tsipras shows his government has requested that its primary budget surplus target should be cut to 0.6 per cent this year – a fraction of the three per cent figure currently put forward by the country's lenders. A table in the document, published by Greek [...]
Lloyds Banking Group faces record £100m PPI fine this week June 4, 2015 UPDATE: Lloyds Banking Group fined £117m for PPI failings Lloyds Banking Group could be slammed with a record fine from the FCA for its handling of PPI complaints. The bank – which is currently still part-owned by the taxpayer – could receive a penalty of “well over £100m” from City watchdog the FCA . [...]