CITY MOVES | WHO’S SWITCHING JOBS September 6, 2011 Emap International Duncan Painter has been appointed as chief executive of the publisher and events business to replace David Gilbertson, who stepped down in May. Painter is currently managing director of the BSkyB subsidiary Sky IQ, which provides customer intelligence services to BSkyB and FTSE 100 firms including Centrica and Zurich Financial Services. Previous roles [...]
Why more QE would be wrong for UK September 2, 2011 IT is not looking good for the global economy, with manufacturing output slowing or contracting in most countries, including Britain. There is growing talk that the Bank of England could launch a fresh round of quantitative easing as early next week. If so, that would be a mistake. The British economy faces many challenges but [...]
Why more QE would be wrong for UK September 1, 2011 IT is not looking good for the global economy, with manufacturing output slowing or contracting in most countries, including Britain. There is growing talk that the Bank of England could launch a fresh round of quantitative easing as early next week. If so, that would be a mistake. The British economy faces many challenges but [...]
Lloyds and RBS may take a £10bn hit from reforms September 1, 2011 TAXPAYERS could see the value of their stakes in part-nationalised banks RBS and Lloyds knocked by up to £10bn by the reform programme proposed by Sir John Vickers, it emerged yesterday. UK Financial Investments told the Treasury and members of the Independent Commission on Banking it feared that the reform plans could make the government’s [...]
SPORT | IN BRIEF August 31, 2011 Man Utd set for record profits FOOTBALL: Manchester United are today expected to announce record operating profits of more than £100m – and a pre-tax profit of around £60m. United plan a partial float in Singapore later this year. Farah passed fit for 5,000m ATHLETICS: Britain’s Mo Farah will begin his second bid for gold [...]
Darroch invests salary in Sky August 31, 2011 BSkyB’s chief executive could be set for a bumper payday after piling the equivalent of a full year’s wage into a lucrative share plan. Jeremy Darroch has agreed to buy £384,670 worth of shares at £6.41 a share, accounting for almost his entire after-tax salary of £426,240. Sky will match his investment with £1.3m worth [...]
WHAT THE OTHER PAPERS SAY THIS MORNING August 30, 2011 FINANCIAL TIMES DISPUTE ERUPTS OVER CONTROL OF LIBYA’S $65BN SOVEREIGN FUNG A dispute has erupted over control of Libya’s $65bn (£40bn) sovereign wealth fund, as the national transitional council attempts to maintain stability in the nation. Several NTC members have contested the authority of Mahmoud Badi, who is probing corruption at the Libyan Investment Authority. HONG [...]
THERE IS NO BATTLE: KLOSTERMANN DENIES FRAUD LORD FEUD August 18, 2011 DON’T BELIEVE the “tittle tattle” you read in the gossip columns, says Brocket Hall owner Dieter Klostermann, who yesterday turned to this gossip column to put the record straight about that feud with Lord Charlie Brocket. Klostermann’s leisure group CCA International bought Brocket Hall in 1996, after Brocket was jailed for a £4.5m classic cars [...]
Gunners can notch their first win at the Emirates August 18, 2011 ARSENAL vs LIVERPOOL TOMORROW – 12.45PM SKY SPORTS ARSENE Wenger is one of the most experienced managers in the Premier League, but the last few weeks must still have been pretty testing for him. The sale of Cesc Fabregas to Barcelona clearly hurt and with Samir Nasri heading off to Manchester City plus a couple [...]
Virgin Media sells £340m UKTV stake August 15, 2011 VIRGIN MEDIA yesterday said it is selling its 50 per cent stake in UKTV to US operator Scripps Networks Interactive for up to £340m. The deal means Virgin, which sold Bravo and Virgin 1 to rival Sky last year for £160m, no longer owns any TV content. The firm, which has been mulling a sale [...]