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Finance

House prices rise 1.9% - Halifax

House prices rise 1.9% - Halifax House prices rise 1.9% - Halifax

The Press Association-House prices have recorded their strongest quarterly rise in three years in a further sign that efforts...
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Starbucks tax offer 'too little, too late' for Britain

Starbucks tax offer 'too little, too late' for Britain Starbucks tax offer 'too little, too late' for Britain

AFP-Despite pledging to pay millions of pounds in extra tax in Britain, Starbucks faces a battle to restore its reputation...
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UBS 'manipulated Swiss franc rates since 2001'

UBS 'manipulated Swiss franc rates since 2001' UBS 'manipulated Swiss franc rates since 2001'

AFP-Swiss banking giant UBS, which last week was slapped with $1.5 billion in fines for manipulating global interest rates,...
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No clean bill of health for MoD

No clean bill of health for MoD No clean bill of health for MoD

Auditors have refused to give the Ministry of Defence's accounts a clean bill of health for the sixth year running. The Press...
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Britain storms out of recession but cautious on outlook

Britain storms out of recession but cautious on outlook
  AFP- Britain powered out of its longest double-dip recession since the 1950s after its economy returned to growth in the...
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Virgin Media gets Olympics lift

Virgin Media gets Olympics lift
  The Press Association- Olympic champions Mo Farah and Usain Bolt helped Virgin Media deliver its biggest quarterly increase...
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Bank of England divided over QE

Bank of England divided over QE
  The Press Association-Bank of England policymakers are divided over the benefits of pumping more emergency cash into the economy...
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Germany's Schaeuble confident of go-ahead for eurozone pacts

Germany's Schaeuble confident of go-ahead for eurozone pacts
  AFP- Germany's Finance Minister Wolfgang Schaeuble said Monday he was confident the country's top court will not block the...
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Adnams gets boost from new beers

Adnams gets boost from new beers
  The Press Association- Brewer Adnams has toasted higher profits after a range of new beers helped it cope with "the most...
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HSBC hid $16 bn in Iran transactions: US Senate report

HSBC hid $16 bn in Iran transactions: US Senate report
  AFP-Global banking giant HSBC and its US affiliate concealed more than $16 billion in sensitive transactions to Iran, violating...
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German finance minister calls for stronger EU

German finance minister calls for stronger EU
  AFP-German Finance Minister Wolfgang Schaeuble called for EU member states to hand more powers to the European Union in "major...
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Services sector growth welcomed

Services sector growth welcomed
  The Press Association-A run of dire economic data that has spooked the UK's recovery hopes has been halted with a decent performance...
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Payday lender Wonga plans flotation

Payday lender Wonga plans flotation
  The Press Association- Payday lender Wonga is reported to be considering a US stock market flotation that could value the business...
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UK recession deepens as official GDP shrinks

UK recession deepens as official GDP shrinks
AFP-Britain's recession is worse than previously thought, as revised official figures showed on Thursday that the economy shrank...
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Marks & Spencer profits plunge 19%, slashes target

Marks & Spencer profits plunge 19%, slashes target
  AFP-British clothing-to-food retailer Marks & Spencer on Tuesday announced a drop in annual profits in a "challenging economic...
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Travel

'Dither and delay' warning on HS2

'Dither and delay' warning on HS2 'Dither and delay' warning on HS2

The Press Associtaion-High speed rail between London and Birmingham might not be achieved in the 2020s because of...
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Wife's plea over man's Greek arrest

Wife's plea over man's Greek arrest Wife's plea over man's Greek arrest

The Press Association-An MP has voiced his concerns about the plight of a British national who was imprisoned while...
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Louvre ditches audio guides for Nintendo consoles

Louvre ditches audio guides for Nintendo consoles Louvre ditches audio guides for Nintendo consoles

AP - The Louvre Museum is used to dealing with antiquities: Nearly all of its thousands of works of art date to 1848...
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French Concordia survivors get €2m payout

French Concordia survivors get €2m payout French Concordia survivors get €2m payout

AFP- The owner of the Costa Concordia cruise liner that ran aground off northwest Italy in January has paid more...
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Chicago hotel prices jump as summer begins

Chicago hotel prices jump as summer begins Chicago hotel prices jump as summer begins

(Relaxnews) - Hotel prices in the Windy City soared by 23 percent this month, according to new research by Trivago. Chicago...
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Sport

Vettel’s new partner? Raikkonen or Ricciardo

Vettel’s new partner? Raikkonen or Ricciardo Vettel’s new partner? Raikkonen or Ricciardo

The decision to Sebastian Vettel’s new partner probably falls between Kimi Raikkonen and Daniel Ricciardo. Red Bull team boss Christian Horner...
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Mercedes plans new assault on Vettel: Infrared trick and louvers

Mercedes plans new assault on Vettel: Infrared trick and louvers
  Three long years of Silver Arrow lurched past the targets. There was nothing: a measly victory in 58 races. This year it runs better already clear:...
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Barcelona lose first La Liga game of season

Barcelona lose first La Liga game of season Barcelona lose first La Liga game of season

AFP-Barcelona suffered their first La Liga defeat of the season on Saturday when they slumped to a shock 3-2 loss at Real Sociedad. Barcelona...
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Wiggins may target Tour defence after all

Wiggins may target Tour defence after all Wiggins may target Tour defence after all

AFP-Bradley Wiggins says he is likely to defend his Tour de France title after all next year despite previously nominating the Giro d'Italia as...
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Messi in light training after injury scare

Messi in light training after injury scare Messi in light training after injury scare

AFP-Barcelona star Lionel Messi took part in light training on Thursday after being stretchered off with a knee injury during the 0-0 draw at home...
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Benitez tiptoes onto Chelsea tightrope

Benitez tiptoes onto Chelsea tightrope Benitez tiptoes onto Chelsea tightrope

AFP- Freshly appointed as Chelsea's latest interim coach, Rafael Benitez could be forgiven for wondering whether he has accepted a poisoned chalice. The...
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McIlroy makes late charge at Singapore Open

McIlroy makes late charge at Singapore Open
  AFP-World number one Rory McIlroy made a late charge up the leaderboard but still trailed Denmark's Thomas Bjorn by five shots after a marathon day...
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Tower of Polish power knocks down Murray in Paris

Tower of Polish power knocks down Murray in Paris
  AFP- Towering Polish qualifier Jerzy Janowicz upset Andy Murray 5-7, 7-6 (7/4), 6-2 on Thursday to complete the early exit of the elite from...
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Chelsea rage at referee's 'inappropriate language'

Chelsea rage at referee's 'inappropriate language'
  AFP- Chelsea have filed a complaint over "inappropriate language" allegedly used by referee Mark Clattenburg towards their players during their...
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Suspended Olympic badminton players appeal

Suspended Olympic badminton players appeal
  AFP-Four South Korean badminton players who were suspended for trying to throw matches at the London Olympics have appealed their penalties, the...
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Culture

Olympics
Suspended Olympic badminton players appeal PDF Print E-mail
Tuesday, 21 August 2012 14:55

 

AFP-Four South Korean badminton players who were suspended for trying to throw matches at the London Olympics have appealed their penalties, the Badminton Korea Association said Tuesday.

The body said the players -- Jung Kyung-Eun, Kim Ha-Na, Ha Jung-Eun and Kim Min-Jung -- have contested a two-year suspension proposed by the association's disciplinary committee.

The committee plans to make its final decision on Wednesday.

Coach Sung Han-Kook and assistant coach Kim Moon-Soo have received lifetime bans from coaching. Kim appealed the ban while Sung accepted his penalty.

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Games 'can turbo-charge UK tourism' PDF Print E-mail
Tuesday, 14 August 2012 10:59

 

The Press Association- The success of the Olympics can "turbo-charge" the UK's tourism industry, Culture Secretary Jeremy Hunt has said as the Government prepared to launch a major push to attract visitors.

Chinese tourists will be targeted under a new strategy, with ministers hopeful the number of holidaymakers from the country will treble.

The Government hopes that other major sporting events, including the Commonwealth Games in Glasgow in 2014, will also act as a draw for overseas visitors.

Mr Hunt is determined to make the most of the global spotlight being on the UK and will set out his new strategy in a speech to tourism industry leaders.

He said: "The Olympics have been for Britain what Usain Bolt is for athletics - something that grabs the attention of the whole world and refuses to let it go.

"From the wonder of Danny Boyle's opening ceremony to the most incredible sporting achievements, the Games have been a fantastic showcase for our country. We must use this extraordinary year to turbo-charge our tourism industry, to create jobs and prosperity on the back of a globally-enhanced reputation."

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Team GB seek to resume golden ways PDF Print E-mail
Thursday, 09 August 2012 11:38

 

The Press Association- Team GB will aim to get back into the winning habit after a rare gold medal-free day.

Among the main contenders for a podium place today will be Nicola Adams as she competes in a historic first women's Olympic boxing final.

The flyweight will realise her 17-year dream as she takes on China's Ren Cancan at the Excel Centre in London.

It will be a key moment for women's boxing, which is part of the Games for the first time this year. "I've been training for this moment since I was 12 years old and to think it is finally here is just incredible," the 29-year-old, from Leeds, said.

After a rush of medal wins in recent days, Team GB experienced a lean day on Wednesday by their own high standards.

While they remain in an impressive third place with 22 golds, there was disappointment for showjumper Nick Skelton, who missed out on any medals in the individual competition. The equestrian arena will be the centre of attention once more as members of Britain's successful dressage team go for individual gold (photo by Panasonic UK).

In Hyde Park, Keri-Anne Payne hopes for a medal in the 10km outdoor swim. Luke Patience and Stuart Bithell are assured of at least a silver medal in the men's 470 class sailing at Weymouth, while Hannah Mills and Sasia Clark will go for gold in the women's event.

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Galstyan, Menezes make judo history PDF Print E-mail
Sunday, 29 July 2012 10:42

 

AFP-Russia's Arsen Galstyan and Sarah Menezes of Brazil made history for their respective countries as they won gold medals on the opening day of the Olympic judo competition on Saturday.

Galstyan won Russia's first Olympic gold in the sport since the break-up of the old Soviet Union while Menezes became the first woman from her country to climb the top step of the judo rostrum at the Games.

For Galstyan it was an especially poignant moment as the 23-year-old is from Krasnodar, the town that suffered flash flooding earlier this month that resulted in 170 deaths.

"My medal will mean a lot and talking of people who suffered from the flood I wish to express my condolences to them," he said.

"My medal will show that Russian judo athletes and Russian sport should be number one.

"I feel absolutely wonderful and I'm very happy that I'm the person who's brought the gold medal to Russia because we've waited for a very long time. I dont have enough words to explain my feelings."

Having stunned world champion Rishod Sobirov in the semi-final, the Russian beat Japan's second seed Hiroaki Hiraoka in just 40 seconds in the under-60kg final.

The fourth seed produced a stunning finale to flatten Hiraoka with a sweeping, winding throw (harai-maki-komi).

He had been forced to hold on in the semi-final against Uzbekistan's world number one but he survived and when Sobirov made a mistake in the sudden-death golden score period, Galstyan pounced to take his opponent over backwards and secure a place in the final (photo by Fotos Puro Esporte).

Sobirov went on to win bronze alongside Brazil's Felipe Kitadai.

Menezes's victory was the culmination of a meteoric rise in Brazilian women's judo since the Athens Games eight years ago.

That was when coach Rosicleia Campos took over, at a time when winning any Olympic medal was a distant dream.

But now Brazilian women are one of the leading nations in the sport and Menezes is at the forefront of that.

"I'm delighted and I believe this medal will change my life, I waited and hoped for this medal and now I have it at just 22 so I'm very happy," she said before paying tribute to her inspirational coach.

"I'm very happy for Rose because she's the one that is always there for everyone, she travels with us and is at the competitions and training and I'm very proud of her.

"She doesn't just support me but supports all of the fighters.

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World's eyes on London ahead of opening ceremony PDF Print E-mail
Friday, 27 July 2012 16:18

 

AFP- London began the final countdown Friday to the opening ceremony that will officially kick off its Olympic Games, with some 120 world leaders arriving in the British capital for the spectacle.

Organisers expect more than a billion people worldwide to watch the event on television, while tens of thousands will see the show live at the Olympic Stadium in east London.

The Olympic torch was making its way down the River Thames onboard the Gloriana, the royal barge of Queen Elizabeth II, on the last day of its 10-week journey around Britain.

In Westminster, Big Ben chimed for three minutes from 8:12 am (0712 GMT) to ring in the Games, 12 hours ahead of pre-ceremony entertainment scheduled to start at the symbolic time of 20:12 pm.

The huge bell at the British parliament was joined by hundreds of bell-ringers across the country in a cacophony of ringing to mark the beginning of the extravaganza.

Footballer David Beckham is expected to be among the final torchbearers carrying the Olympic torch as it finally arrives at the stadium for the opening ceremony.

The former England captain, who played a key part in London's original bid for the Games seven years ago, said the thought of the spectacle gave him "goosebumps".

"I have been lucky enough to have been involved in some amazing sporting moments in my career, but nothing can compare with what is about to take place in London," he wrote in The Sun newspaper.

"I know every part of the Games is going to be spectacular and tonight is the night it all kicks off, with the whole world watching Great Britain and the opening ceremony.

 

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South Korean archer sets Olympics' first world record PDF Print E-mail
Friday, 27 July 2012 16:12

 

AFP-South Korean archer Im Dong-Hyun set the first world record of the London Olympics on Friday in the men's preliminary round held at the Lord's cricket ground (photo by Bill Hails).

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Olympic stadium decision delayed PDF Print E-mail
Monday, 14 May 2012 15:38

 

 

The Press Association- A decision on the future of the Olympic Stadium faces fresh delay as the competition to find tenants was extended by eight weeks.

The London Legacy Development Corporation (LLDC) said it is to allow all parties that registered to receive the invitation to tender (ITT) additional time to submit a bid.

It is to allow more time to address a number of issues which have arisen since the ITT was issued in January, the LLDC said.

LLDC chief executive Andrew Altman said: "We are determined to run a process that is fair to all and delivers the best possible legacy for the Olympic Stadium.

"We have been very encouraged by the quality of the bids so far. However, a number of issues have arisen during the process and we believe it is sensible to give everyone more time so they can be addressed.

"We want to make the process as competitive as possible and extending the competition period will allow all parties that registered an initial interest in the stadium another chance to bid."(photo-danny maclaughlin).

The LLDC said it has made "a number of clarifications" to the ITT in response to issues that have arisen since it was first issued in January. Some potential bidders were put off by the original terms of the tender.

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Foreigners snap up Olympic tickets PDF Print E-mail
Wednesday, 29 June 2011 12:05

 

 

The organisers of the London Olympics have been drawn into further controversy after it emerged that around 150,000 tickets marketed to Britons were snapped up by other European Union residents.

People in other EU countries obtained just under 5% of the three million tickets which went on sale in the first round ballot, the London 2012 Organising Committee (LOCOG) confirmed.

EU law meant they were free to apply for the tickets, despite being allocated their own batch of seats.

Priti Patel, the Conservative MP for Witham, Essex, told the Sunday Telegraph: "British taxpayers and Londoners who have paid through their taxes to fund the Games will be alarmed and hugely disappointed to see they were not given priority on tickets when they went on sale. The system is a farce."

Alison Seabeck, the Labour MP for Plymouth Moor View, agreed some people will feel "rightly aggrieved that they won't be able to share in this fantastic event".

The figures do not include the second round sale of 2.3 million tickets which began on Friday.

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