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FTSE 100 unchanged in early trade as Thomas Cook leads gainers
Britain’s leading shares index the FTSE 100 was unchanged by 10:10 GMT, as Thomas Cook Group led the gains. The market was at a standstill at 5,640.53, with Smith and Nephew leading the blue-chip falls on Thursday morning. Following an investor day Thomas Cook Group saw its shares rise by three per cent, while shares in Home [...]
Continue reading...Britain’s leading shares index closes up 0.68% on Wednesday
10. March 2010
The FTSE 100, the UK’s leading shares index, closed up 0.68 per cent on Wednesday at 38.27 points to 5,640.57. Leading the gainers after a strong day was ICAP, which added 4.46 per cent by the time the markets closed. British Airways (BA), which was today in talks with the Unite union over threatened cabin crew [...]
Continue reading...Northern Rock say losses fell and announce bonuses for 2009
10. March 2010
The state-owned bank Northern Rock shrank its losses in 2009, and announced it had made "good progress". The bank also announced on bonuses that "reflecting achievement against the agreed objectives, including a level of loss that was over £500 million better than the agreed target, the company will make payments under this scheme totalling £14.9 million, [...]
Continue reading...Budget to be held on March 24th, Gordon Brown announces
10. March 2010
The 2010 Budget will be held on March 24th, Gordon Brown today announced, six weeks ahead of the expected date of the general election. The prime minister is yet to confirm when the country will go to the polls, but it is all but certain to be May 6th. In the Budget Labour are due to set [...]
Continue reading...FTSE 100 up in early trade Wednesday as ICAP bounces
10. March 2010
Britain’s leading share index the FTSE 100 opened slightly higher on Wednesday morning, adding 0.16 per cent by 09:40 GMT. The FTSE 100 added 8.81 points taking it to 5,611.11 after closing down 0.1 per cent on Tuesday. Barclays dipped on the back of speculation of a US acquisition, shedding 0.58 per cent. But the biggest [...]
Continue reading...FTSE 100 closes relatively flat at end of trade Tuesday
9. March 2010
Britain’s leading shares index closed relatively flat on Tuesday, following strong gains made on Monday. The FTSE 100 ended trade down 0.08 per cent to 4.42 point, as Old Mutual ended the day leading the gainers, adding 1.84 per cent. GlaxoSmithKline also ended the day up, by 1.58 per cent, while the FTSE losers were topped by [...]
Continue reading...Retail sales in February saw ‘respectable bounce back’
9. March 2010
UK retail sales saw a "respectable bounce back" in February, following a tough January. But the British Retail Consortium (BRC) warned that "despite appearances, the results are not strong". The BRC said like-for-like sales were up 2.2 per cent, after slow sales in January when the snow deterred shoppers from taking to the high-street. However, [...]
Continue reading...Npower becomes fourth energy supplier to cut household bills
9. March 2010
Npower has become the fourth energy company to cut domestic energy bills, reducing gas by seven per cent from March 26th. The energy supplier said the changes would affect around two million standard domestic gas customers and would equate to a saving of around £50 a year. The firm said that Monthly Direct Debit (MDD) gas [...]
Continue reading...Vodafone announces 375 job losses across its business in March
9. March 2010
The mobile phone giant Vodafone has said 375 jobs across is business will be lost this month. However, the firm said that it would be taking on 170 new staff in retail and call centres, with the job losses primarily affecting back office position. The jobs are likely to go at locations including Vodafone’s headquarters in [...]
Continue reading...Supply outstripping demand in fragile UK housing market
9. March 2010
Housing market analysts have today said the balance between supply and demand in the UK housing market has shifted towards the supply side. The Royal Institution of Chartered Surveyors (Rics) said new instructions outpaced buyer interest for a second consecutive month. Rics said new instruction and new buyer enquiries rebounded in February following a "weather skewed [...]
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Apology to victims of ‘British Fritzl’ as mistakes admitted
Police and local authorities have offered a full apology to two women repeatedly raped by their father over 30 years, fathering nine children with them, despite multiple contacts with social workers. The man, in his 50s and who cannot be named for legal reasons, was given 25 life sentences by a Sheffield court in 2008. A serious [...]
Continue reading...Palestinians pull out of proximity talks with Israel
Palestinian Authority president Mahmoud Abbas has called off indirect talks with Israel after the Jewish state’s interior ministry announced the construction of 1,600 new settler homes in East Jerusalem. The coalition system of government employed in Israel means the interior ministry is controlled by the ultra-Orthodox nationalist Shas party, which this week drew condemnation for announcing [...]
Continue reading...Norway’s ‘Doomsday seed vault’ becomes world’s largest
The Svalbard Global Seed Vault has become the world’s most diverse collection of crop diversity after its inventory passed the half-million mark. The "Doomsday" vault in Norway announced it is this week receiving thousands of new seeds that will push its collection to more than half a million unique samples, making it the most diverse assemblage [...]
Continue reading...Beckham: I might have played my last game at Old Trafford
David Beckham has conceded that he might have played his last club game at Old Trafford after coming on as a late substitute in AC Milan’s 4-0 Champions League defeat to Manchester United. The England star, speaking after his former side United knocked Milan out of the Champions League, made an emotional return to the Theatre [...]
Continue reading...State of Play’s Macdonald to solve Murder Mystery
Academy award winner Kevin Macdonald is attached to direct Tower Hill Entertainment’s upcoming thriller Murder Mystery, it has been announced. The Glasgow-born filmmaker will begin shooting the whodunit later this year in Europe, with Beau Flynn and Tripp Vinson producing, according to Variety. Written by Zodiac scribe James Vanderbilt - who also penned the forthcoming Spider-Man reboot [...]
Continue reading...FTSE 100 unchanged in early trade as Thomas Cook leads gainers
Britain’s leading shares index the FTSE 100 was unchanged by 10:10 GMT, as Thomas Cook Group led the gains. The market was at a standstill at 5,640.53, with Smith and Nephew leading the blue-chip falls on Thursday morning. Following an investor day Thomas Cook Group saw its shares rise by three per cent, while shares in Home [...]
Continue reading...Burnley 1-1 Stoke City
Burnley earned a deserved point against Stoke City but remain mired in a fight for survival after failing to seize the opportunity to climb out of the relegation zone at Turf Moor. Turkish forward Tuncay Sanli put the Potters ahead in the first-half from an ubiquitous Rory Delap long-throw, with David Nugent equalising in the second-half [...]
Continue reading...Real Madrid 1-1 Lyon (aggregate 1-2)
Lyon knocked the mighty Real Madrid out of the Champions league with a late goal helping them to a 1-1 draw in the Bernabeu and a famous 2-1 aggregate victory in their last-16 tie. Madrid knew they would have their work cut out, having lost the first leg 1-0. Cristiano Ronaldo levelled the aggregate score in [...]
Continue reading...Manchester United 4-0 AC Milan
David Beckham could only watch from the bench as two fine goals from new Old Trafford hero Wayne Rooney helped Manchester United beat AC Milan 4-0 and 7-2 on aggregate to go through to the quarter-finals of the Champions League. Park Ji-sung and Darren Fletcher also got on the score-sheet with Beckham coming on to the [...]
Continue reading...Steven Gerrard to escape FA action over Wigan ‘V-sign’
Steven Gerrard will not be punished by the Football Association over an apparent V-sign gesture he showed referee Andre Marriner during Liverpool’s 1-0 defeat to Wigan. The Reds skipper appeared to swear and make the gesture towards the referee after he was booked towards the end of the match at the DW Stadium, one of five [...]
Continue reading...Gordon Brown Match of the Day 2 request rejected by BBC
The BBC rejected a request from Gordon Brown’s advisers for the prime minister to appear on the Match of the Day 2 sofa alongside Adrian Chiles, it has emerged. Mr Brown, a fanatical fan of his boyhood club Raith Rovers, had wanted to go on the BBC2 show to discuss England’s 2018 and 2022 World Cup [...]
Continue reading...Winding up order for Chester City over tax bills
Chester City Football Club have been wound up following a hearing at London’s high court. The north-west club were expelled from the Football Conference last month over five breaches of league rules. And having failed to settle its debts with HM Revenue & Customs, the club has now been handed a winding up order. "I am genuinely saddened [...]
Continue reading...Letterman producer pleads guilty to blackmail over affairs
A former television producer has pleaded guilty to attempting to blackmail TV host David Letterman over his infidelity. Letterman revealed in October he was the victim of a $2 million (£1.2 million) extortion plot after having sexual relations with female members of his staff. The blackmail attempt saw Letterman make a surprise admission in front of [...]
Continue reading...Three MPs and peer due in court over expenses claims
Three Labour MPs and one Conservative peer are due to answer charges of fraudulent expenses claims as the political scandal of the decade finally reaches the courts. Labour MPs Elliot Morley, Jim Devine and David Chaytor, as well as Conservative peer Lord Hanningfield, have been charged with 13 charges under section 17 of the Theft Act [...]
Continue reading...Top ten points finish possible for Force India in Bahrain
Force India drivers Adrian Sutil and Tonio Liuzzi are confident they have a good baseline with the VJM03, despite having their testing programmes hindered by heavy rainfall. After a late start to development of the 2009 challenger, Force India took a major step forward midseason and was able to challenge for wins at the faster circuits [...]
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11. March 2010
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