Before the open: Markets mixed following German elections and Bullard on taper September 23, 2013 Despite Angela Merkel's win in the German elections, European markets look set to open mixed this morning, following James Bullard's Friday comments on the Fed's decision not to taper. Share markets seen drifting, mainly lower, as #Merkel works to form new German government. Financial bookies: FTSE 100 -15, DAX +7, CAC40 -8 — Peter Hoskins [...]
Fly away to the fantastical mountains of St Lucia September 22, 2013 There’s a lot of local charm beyond the idyllic beaches, azure waters and postcard sunsets, says Oliver Pickup WHAT connects Superman, Amy Winehouse, Oprah Winfrey, Blackbeard and Napoléon Bonaparte? No, it’s not my ultimate dinner party guest list – although that would be some karaoke line up. The link is that they have all been [...]
Memories of London 2012 propel Wiggins to Tour of Britain glory September 22, 2013 OLYMPIC champion Sir Bradley Wiggins said wrapping up his Tour of Britain triumph yesterday brought back fond memories from London 2012. Wiggins won time trial gold 13 months ago at his home Games and was back on the capital’s streets to complete his triumph on the eighth and final stage – won by compatriot Mark [...]
Wiggins adopts Tour de France tactics to close in on British win September 19, 2013 TOUR of Britain leader Sir Bradley Wiggins has revealed Team Sky’s tried and tested tactics, used to help him win the 2012 Tour de France, were the secret to retaining his 37-second advantage following yesterday’s fifth stage. Irishman Sam Bennett scored his first-ever stage win with a sprint finish, while Wiggins rolled home in seventh [...]
Former CBI boss tasked with restoring banking’s image at head of professional standards body September 19, 2013 Former head of the CBI and ex-editor of the Financial Times, Sir Richard Lambert, is to head up a new banking standards body designed to repair the image of Britain's banks. Lambert's appointment was first revealed by Sky News, and he is considered a suitably heavyweight candidate for the role. The form CBI boss quit [...]
JP Morgan and UBS hit as fines for banking scandals unveiled September 18, 2013 THE CITY regulator will today announce one of the biggest ever fines on US banking giant JP Morgan over the so-called London whale derivatives scandal. At around 2pm the Financial Conduct Authority (FCA) is expected to announce penalties in excess of £50m for JP Morgan over failing to properly supervise its traders, according to Sky [...]
Cavendish toasts team-mates after points prize chance opens September 18, 2013 FORMER Commonwealth champion Mark Cavendish credited his Omega Pharma Quick-Step team-mates for helping him win the Tour of Britain’s fourth stage yesterday. Cavendish spearheaded an 11-man breakaway group which formed following the start in Stoke-on-Trent, but merged with the peloton once again within 800m of the finish line in Llanoris. But the 28-year-old broke free [...]
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 [...]