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World - Bank of England `to provide` more than £250 bn

The Bank of England `stands ready to provide` more than £250 billion of funds to aid the smooth functioning of markets after the Brexit vote, governor Mark Carney said Friday. `As a backstop, and to support the functioning of markets, the Bank of England stands ready to provide more than £250 billion ($370 billion, 326 billion euros) of additional funds through its normal facilities,` Carney said in a televised statement. `The Bank of England is also able to provide substantial liquidity in foreign currency, if required,` he added.

Friday, June 24, 2016  09:26


World - Wanyama rejoins old boss Pochettino at Spurs

Midfield enforcer Victor Wanyama became the first player from Southampton to join up with former manager Mauricio Pochettino when he signed for Spurs from their Premier League rivals on Thursday. The 24-year-old Kenyan international -- who Southampton refused to sell to Spurs last year -- will cost a reported £9 million ($13.4 million, 11.7 million euros), although with add-ons it could rise to £12 million. Wanyama signed a five-year contract and is Pochettino`s first signing of the close season, as he builds a side not only for the Premier League campaign but also the Champions League after they finished third last term.

Thursday, June 23, 2016  22:25


World - In divided Belfast, Brexit vote sows uncertainty

The Brexit vote has sown uncertainty in the still divided communities of Belfast, where memories of the conflict that tore the province apart for three decades are all too raw. Many nationalists, who support a united Ireland and do not regard themselves as British, are concerned about a return to Westminster rule minus the counterbalancing influence of Brussels. `I would definitely now vote for a united Ireland because then we d be part of the European Union - nobody trusts an English government,` said Marion Connolly, 25.

Saturday, June 25, 2016  19:39


Business - WPP chief predicts a slowdown of the world economy after Brexit vote

WPP Chief Executive Officer Sir Martin Sorrell predicted on Friday a slowdown of the world economy after Britain voted in favor of leaving the European Union. `What will naturally happen is that the economies will slow, because our clients will become more cautious,` Sorrell told Reuters in an interview in Cannes.

Friday, June 24, 2016  11:42


World - Becks and Botham: From ball games to Brexit ballot

David Beckham and Ian Botham may be retired, but their competitive spirit has not deserted them as they battle it out on opposite sides of Britain`s heated EU referendum debate. Beckham, once the darling of football terraces worldwide, has declared himself for the `Remain` camp, while ageing cricket legend Botham has come out for `Leave`. Beckham, who also played in France, Spain and Italy during his stellar career, said the remarkable Manchester United team built by manager Sir Alex Ferguson was more successful because of the eclectic mix of Europeans who contributed to its triumphs.

Wednesday, June 22, 2016  05:16


Technology - Taylor Swift joins copyright law plea

Musicians including Taylor Swift, U2 and Sir Paul McCartney call for online copyright laws to be reformed.

Tuesday, June 21, 2016  17:21


Europe - Top bosses move to back Remain ahead of EU vote

Top bosses from Sir Richard Branson to one of football`s most senior figures voice support for staying in the EU, but Vote Leave says Brexit would boost industry.

Monday, June 20, 2016  09:24


Europe - Top bosses rush to back Remain ahead of EU vote

Top bosses from Sir Richard Branson to one of football`s most senior figures voice support for staying in the EU, but Vote Leave says Brexit would boost industry.

Monday, June 20, 2016  09:03

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