Put in the firing line by a master business partner October 14, 2012 THE aborigine guide’s eyes widened in disbelief when he saw the bright yellow pyjamas, and he said “you had better take those off mate.” So David Norwood stripped down to his underwear and we set off on our wild pig shoot in the north of Australia. Asked why he had worn them in the first [...]
Rangers shoot for £20m junior market offering October 11, 2012 TROUBLED Scottish football club Rangers yesterday announced plans to raise up to £20m through a listing on London’s Alternative Investment Market as the team’s new owners seek to rebuild the business. Rangers has endured a disastrous year, with the club – who have won the league a record 54 times – declared insolvent and forced to restart life [...]
Nike sticks by Armstrong despite dope row October 11, 2012 SPORTSWEAR giant Nike has refused to bow to mounting pressure to sever ties with Lance Armstrong, despite the cyclist being accused of masterminding sport’s most sophisticated doping programme ever. The US Anti-Doping Agency (USADA) on Wednesday backed up its claims against the seven-time Tour de France winner by publishing more than 1,000 pages of what [...]
Avanti misses but retains sky high ambitions October 10, 2012 SHARES in Avanti Communications, the satellite broadband company, took a 16 per cent hit yesterday as the firm said turnover had missed forecasts for the year. Avanti posted annual revenue of £15m, against the company’s guidance of £17.8m, and saw losses widen from £12.7m to £16m. Chief executive David Williams was positive about Avanti’s performance [...]
PM says Plan B is not answer to gloomy data October 9, 2012 THE GOVERNMENT’S resolve to cut the deficit will not be tested by dismal new IMF economic forecasts, Prime Minister David Cameron said yesterday, instead suggesting the government would attempt supply-side reform to bring growth. The IMF said the government should delay some spending cuts scheduled for next year if economic data failed to improve, but [...]
Report says shortage of homes in London will stunt job growth October 8, 2012 LONDON’S housing shortage is set to become severe enough to harm job creation in the capital, a report claimed this morning. Living conditions will become more cramped with young people forced to stay in the rental market for even longer, according to Cluttons, a group of consultants and chartered surveyors. “Large increases in demand for London [...]
Hammond warns French and Germans over BAE October 7, 2012 BAE Systems and EADS’s merger plans face a number of political obstacles that could cause the defence giants to ask the Takeover Panel for an extension ahead of a deadline this Wednesday. Defence secretary Philip Hammond warned yesterday that the French and German states must reduce their stakes in EADS if Britain is to approve [...]
All Saints chairman fired by the firm’s private equity owners October 7, 2012 KEVIN Stanford, the chairman of All Saints fashion chain, has been fired from his role after a fall out with the group’s majority shareholders. Stanford was sacked about two weeks ago by Lion Capital, the private equity firm, which rescued the debt-laden retailer for an undisclosed sum last year. Lion Capital, which also owns American [...]
Visit Malaysia for the birds, the bees and the leeches October 7, 2012 MY HERO swoops down in the nick of time. I’m perched atop a bare rock, too petrified to move when she flies to my rescue. Barely seven inches tall, the blue-winged pitta flits to the ground and within moments, her beak is filled with what look like needle-thin worms. I’ve never been happier to see [...]
Hero Hodgson admits to Sarries try concerns October 7, 2012 FLY-HALF Charlie Hodgson single-handedly led Saracens to a 28-23 Aviva Premiership victory against London Welsh yesterday but insists everyone at the club – including himself – is striving for more. Hodgson scored all of Saracens’ points at the Kassam Stadium, beating his previous record of 27 in a Sale shirt more than a decade ago, [...]