Heathrow to keep Rudd as its chairman September 17, 2013 HEATHROW Airport’s parent company will renew Sir Nigel Rudd’s contract as its chairman until 2016, keeping him on board as the airport navigates the government’s looming decision on airport expansion. Sir Nigel, an industry veteran, has decided to stay with Heathrow Airport Holdings to help fight the case for a third runway, according to Sky [...]
Mortgage rates could be on the rise September 17, 2013 With rising costs and house price highs spooking homebuyers, shop around for a good deal NEWS that house prices in England have hit record highs – now 0.9 per cent higher than their previous peak in January 2008 – has heightened fears that the government’s Help to Buy subsidised mortgage scheme is fuelling a housing [...]
I’d rather have gone to hospital than lose the stage, says Wiggins September 17, 2013 OLYMPIC champion Sir Bradley Wiggins was happy to risk his own welfare to win stage three of the Tour of Britain yesterday. In driving rain, Wiggins, 33, completed the 10-mile course at Knowsley Safari Park in 19 minutes, 54 seconds and now holds a 37-second advantage over compatriot and Team Sky colleague Ian Stannard with [...]
What the other papers say this morning – 16 September 2013 September 15, 2013 FINANCIAL TIMES Diamond calls for bank shake-up Bob Diamond – the former head of Barclays who tried to buy Lehman Brothers before its collapse five years ago – has joined a chorus of criticism over the lack of progress in ending banks’ “too big to fail” status. Citing “insufficient” progress in ways to safely wind [...]
The recession is a distant memory in the White Isle September 15, 2013 Two million visit Ibiza every year. Many come for the clubs, but there’s more to it than beats IT IS a hot and sultry night on the east coast of Ibiza. Above my head a huge white crane has stretched out its long steel arm, carrying with it a circular frame resembling an oversized seventies [...]
Strauss eyes ECB boardroom role but refuses to rush his decision September 12, 2013 FORMER England captain Andrew Strauss has revealed he is considering putting himself forward to succeed Hugh Morris as managing director of the England and Wales Cricket Board (ECB). Strauss, who spent almost four years as skipper before retiring from the sport altogether 12 months ago, plans to decide in the next fortnight whether he wants [...]
A well-produced morality play for the modern age September 12, 2013 THEATRE THE RITUAL SLAUGHTER OF GORGE MASTROMAS Royal Court | By Xenobe Purvis Four Stars PLAYWRIGHT Dennis Kelly creates a morality play for the modern age in The Ritual Slaughter of Gorge Mastromas, his enthralling debut at the Royal Court. Its premise is simple: an affable everyman is offered the opportunity to succeed, a Faustian [...]
United States remembers 9/11 September 11, 2013 THE US yesterday remembered the victims of the 9/11 attacks in a series of memorials marking the 12th anniversary, including at the Empty Sky memorial in New Jersey. The attacks killed almost 3,000 people in New York, Washington and Pennsylvania.
Inside Track: Tesco executives ponder a spin-off for Asian business September 11, 2013 IT’S hardly on the scale of Royal Bank of Scotland, but Tesco’s retrenchment from the empire-building of Sir Terry Leahy means it will soon struggle to describe itself using the adjective “global”. Fresh from its exit from Japan, a retreat into a joint venture in China and this week’s announcement of the part-sale, part-closure of [...]
Lloyds sale set for green light from regulator September 10, 2013 REGULATORS are set to rule that Lloyds’ proposals to sell hundreds of branches will boost competition to an acceptable degree, accelerating the chances of an imminent sale of the part-state-owned bank. It is thought the Office of Fair Trading (OFT), which is examining how disposals will affect competition in the banking sector, will approve of [...]