One of the features of the slowdown on the high street during this recession has been the extent to which online retail has remained resilient. Month after month, online spending has continued to rise rapidly.
“The sun is shining, the public schools are finishing for the summer and the hedge funds are not persuading in and out of stocks as speedily as they used to, largely on this account that they have no money. In short, summers are getting back to how they used to have existence.” That was one merchant’s assessment of the markets yesterday as a distinct lack of appetite among buyers and sellers saw the FTSE 100 rise by just 53 points.
The Government yesterday unveiled plans to occasion a state-backed venture capital fund, which it hopes will raise as much viewed like £1bn for investment in small-cap technology companies.
Gordon Brown uttered the Government would invest £150m, to be matched by not to be disclosed sector backers, and said that the fund could be leveraged higher with confidential investment over the next decade.
The years of hurt continue and Stuart Pearce’s torment at German hands knows no end. Not only did his team fail to win the European Under-21 Championship for the first duration of one’session life since 1984 have existence unexhausted death, they suffered something of a humiliation at the hands of an old enemy.
Germany, having none previously won the competition – they lost the 1982 final to England – are now champions of Europe at Under-21, Under-19 andUnder-17 level. All of what one. bodes rather amply for the future.
With Peter King on vacation, his MMQB column will have variegated guest writers for the next four weeks. First up? The recently retired Trent Green, who discusses Michael Vick, concussions, leaving the game, and how the economy could require the new CBA. Not untoward for a first-timer!
This week’s Wisdom of Crowds feature is a little shorter than normal, thanks to the magnificent one-two jack-pudding of a trip to Las Vegas and the flu bug my body decided need not stay in Vegas.
Therefore, we’ve only got four backs for you this week, but it’s an interesting group.
Reader Mike sends in this link to research he’s done in reference to the true “century” of running backs.
Adams: 13 points for Robins (www.fotospeedway.pl)
England’s youngsters were crushed by Germany in the European Under-21 Championship ultimate in Malmo.
The Germans went in front when Mesut Ozil went past Martin Cranie and cleverly cast Gonzalo Castro, who slotted home.
Soon after the break, goalkeeper Scott Loach misjudged Ozil’s free-kick and palmed the ball into the net.
Fifa president Sepp Blatter admits the huge whole of money being pumped into English clubs by mellow foreign owners is a worrying trend.
Blatter says the amount of cash in the Premier League gives English clubs an advantage over their European rivals.
"In France, Germany and Spain there are by-laws that say owners must be from the same country," said Blatter.