Euro 2012 – Ukraine and Poland

July 3, 2005

UK retail sales fall accelerates

Filed under: EURO 2004 — Ivan @ 5:22 am

The News Review:

* Retail sales in Britain at record low
* What about the players?
* World Cup 2006 | 30.06.2005 Attacking Mentality Stays, Klinsmann Says
* UK retail sales fall accelerates
* ireland.com / Today / Sport / Soccer
* BBC SPORT | Football | My Club | Birmingham City | Basinas waits on…
* Broadcaster ITV outpaces FTSE’s higher finish – MarketWatch
* Confed Cup rehearsal for WC finals
* UK rate cuts could spark another housing boom
* Appeal on anniversary of murder
* Rangers prepare £1m offer for Webster
* Investor’s Business Daily: Breaking News

Retail sales in Britain at record low
ABCmoney.co.uk – Jun 30, 2005
The Confederation of British Industry, which announced the details of its monthly distributive trades survey, covering 125 retailers during May 31-June 15, said 42 per cent of the retailers queried had their sales volumes down, while 23 per cent said the volumes have gone up. The difference of minus 19 is the sharpest since the CBI started recording the rates in July 1983. The CBI, however, cautioned the comparison with June 2004 could not be a fair picture as that was the period of Euro 2004 football tourney, a month recorded for hiked spending. Meanwhile, Bank of England has come out with some encouraging data showing consumer credit and mortgage lending had risen more than expected in May. This would mean the prospects for the housing sector revival are not bad. The Bank disclosed that net consumer credit rose 1. 8 billion pounds in May, more than the projected 1.

What about the players?
CricInfo.com – Jun 29, 2005
Similarly, offering assistance to impoverished people goes hand-in-hand with the ICC’s Development Programme. The short answer is that, unless its mandate is quickly modified, the ICC can only do what it is empowered to. Unlike the ultra-competitive world of soccer – Greece’s Euro 2004 success being a recent standout example – cricket has not yet fully arrived and, with lingering governance issues in the United States, Kenya and, to a lesser extent, the West Indies, the ICC simply cannot afford for Zimbabwe cricket to disappear. The fear for New Zealand Cricket is that a refusal to tour Zimbabwe will incur a US$2 million ICC fine for breach of its contractual obligations. It’s a loss that New Zealand cricket can ill afford, for reasons financial and otherwise. Andrew McLean is a presenter of The Cricket Club, New Zealand’s only national radio cricket show© Cricinfo.

World Cup 2006 | 30.06.2005 Attacking Mentality Stays, Klinsmann Says
Deutsche Welle – Jun 30, 2005
“We have scored more goals than we have conceded in this tournament,” said captain Michael Ballack. “We have to stick by this policy and show our strength as an attacking unit. ”

Defensive past eclipsed by offensive future

Under former manager Rudi Völler, defense was the backbone of success but a toothless attack saw Germany crash out of Euro 2004 at the first hurdle after just two goals in three matches. Klinsmann’s team bettered that tally in their opening 4-3 group win over Australia. Fans in Leipzig then chanted the manager’s name after the win over Mexico, incredibly by the same score line, showing their appreciation for the entertaining football. “It is nice to hear the fans chanting my name,” Klinsmann admitted. “I hope they are happy with our work because we are happy with their contribution.

UK retail sales fall accelerates
BBC News – Jun 29, 2005
“But while this may explain part of the record year-on-year decline now registered, there is no doubt that the underlying picture is also bad. ”

He said the Bank of England’s five interest rate rises since November 2003 had initially been “slow to take effect” but that shoppers had cut back on spending since the start of the year. Food sales up

Many stores had started their summer sales earlier this year in an effort to stimulate sales, Mr Longworth said. “With the slowdown in the housing market and a rise in energy bills it is not surprising retailers are suffering, although some more than others,” he added.

ireland.com / Today / Sport / Soccer
Irish Times – Jul 2, 2005
Roy Keane, who scored for Manchester United against Birmingham on Saturday, withdrew from the squad on Saturday.   He hurt his knee during the 2-0 win and needed a pain killing injection before the game. “There are so many games coming up and I do not want to put a strain on him,” Keane’s club manager Alex Ferguson said on Saturday.   “It is not wise for him to play midweek, he needs a break. Kerr, as you might suspect, is delighted to have only one withdrawal.   “It says a bit about the desire of  the players.   It’s important to have big numbers together at this time to regroup for the season ahead…   This is an opportunity to alert and inform the players of the games and schedules ahead. The Portuguese arrive in Dublin tomorrow morning and train at Lansdowne in the evening.   Boasting 12 of the squad that reached the Euro 2004 final, Luiz Felipe Scolari’s travelling party is littered with flair that, says Kerr, is only matched by Brazil. Luis Figo, Rui Costa and Fernando Couto all retired in the wake of the European finals and the superstar mantle within the squad is now worn by 20-year-old Cristiano Ronaldo.  Manchester United’s two-goal hero at Highbury last week has proved a handful for Premiership defences and his electrifying pace and trickery will trouble Kerr’s rearguard on Wednesday – a fact not lost on clubmate John O’Shea. “Ronaldo is certainly the one to watch,” said O’Shea today.   “He has such talent.

BBC SPORT | Football | My Club | Birmingham City | Basinas waits on…
BBC News – Jun 29, 2005

But Panathinaikos insist Birmingham must up their bid before he can leave. Panathinaikos spokesman Theologus Alexandratos said: “There is no agreement yet. Birmingham made an offer on Monday but it was not as good as we had expected. “As a result the offer was turned down. The player wants to play in the Premiership so Birmingham will have to increase their offer a little bit. ”

Basinas played every game for Greece when they won Euro 2004, had also been the subject of an enquiry from Portsmouth, though no offer was made. He came through Panathinaikos’ youth system and signed a professional contract with them in 1995… “As a result the offer was turned down. The player wants to play in the Premiership so Birmingham will have to increase their offer a little bit. ”

Basinas played every game for Greece when they won Euro 2004, had also been the subject of an enquiry from Portsmouth, though no offer was made. He came through Panathinaikos’ youth system and signed a professional contract with them in 1995. Portsmouth are understood to have tried to sign the midfielder one month ago, but Basinas turned down the south-coast club. Basinas, who does not speak much English, has a contract with Panathinaikos until next summer.

Broadcaster ITV outpaces FTSE’s higher finish – MarketWatch
MarketWatch – Jun 29, 2005
Expectations were for a reading of minus 4. The sales figure, which was the lowest since records began in 1983, contrasted with a figure of minus 7 in May. However, retail analysts at brokerage Seymour Pierce said: “This is a somewhat distorted picture, as even the CBI admits that June last year was a strong month, benefiting from (soccer tournament) Euro 2004. ”

“Even more pertinent is the fact that the survey covers only just over two weeks of the month. and thus has missed the huge pick-up in clothing sales after the 16 June,” the broker added… and thus has missed the huge pick-up in clothing sales after the 16 June,” the broker added. “Overall, the month will have been soft, but certainly not weaker than April and May. Indeed, we would expect the British Retail Consortium and the Office of National Statistics to show a slightly better picture,” the broker said. Meanwhile, shares of airports operator BAA (.

Confed Cup rehearsal for WC finals
Times of India – Jun 28, 2005
But there’s national pride at stake when the two
South Americans meet at Frankfurt’s Waldstadion. They defeated
Germany and Mexico in the semifinals, and those two play on Wednesday in the
third-place game in Leipzig. Asian champion Japan and African
champion Tunisia made good showings here, but Euro 2004 champion Greece went
home winless and failed to score. Australia also left without a
victory. “Brazil versus Argentina has always been a special game,”
said Brazil coach Carlos Alberto Parreira. “There’s a lot of rivalry
and you can never predict who’ll win. I don’t doubt both teams will be

very
motivated… The Argentines
also had to come from behind twice to draw Germany 2-2 in the final group
game. This will be the first-ever tournament final in Europe between
the two Latin powers. Wednesday’s lineups are not quite full
strength, reflecting the low-key nature of the Confederations Cup. When 32
nations gather for the June 9-July 9 World Cup, the likes of Brazilian stars
Ronaldo,

Cafu and Roberto Carlos, and Argentina’s Hernan Crespo, Roberto
Ayala and Juan Sebastian Veron will be available. There are all
missing this time. Javier Saviola is also missing from Argentina’s
lineup after being sent off in Sunday’s semifinal against Mexico. Coach Jose
Pekerman may give Carlos Tevez, star of Argentina’s Olympic triumph in Athens
last year, his first start of the competition.

UK rate cuts could spark another housing boom
AME Info – Jul 3, 2005
The data added further weight to the view that the UK consumer sector is slowing fast. Indeed, with the data looking so weak, it could easily believed that the consumer slowdown will become a consumer crash. Is the data really that bad? Further inquiry into the underlying numbers suggests not. Firstly, the reason the index hit a record low in June 2005 was partly to do with the fact that activity in June 2004 was, in the CBI’s words, “particularly good”, thanks in no small part to the consumer frenzy sparked by the Euro 2004 football championships. Taking the time of year into account, the retail CBI’s sales balance was -27: still poor, but better than was seen earlier in 2005. Furthermore, the CBI pointed out that some retail sectors are doing much better than others. This chimes with the official retail sales data… Indeed, with the data looking so weak, it could easily believed that the consumer slowdown will become a consumer crash. Is the data really that bad? Further inquiry into the underlying numbers suggests not. Firstly, the reason the index hit a record low in June 2005 was partly to do with the fact that activity in June 2004 was, in the CBI’s words, “particularly good”, thanks in no small part to the consumer frenzy sparked by the Euro 2004 football championships. Taking the time of year into account, the retail CBI’s sales balance was -27: still poor, but better than was seen earlier in 2005. Furthermore, the CBI pointed out that some retail sectors are doing much better than others. This chimes with the official retail sales data. Much of the recent weakness seen in the official data is the result of the sharp slowdown in the household goods sector, which has seen growth slow to a standstill following expansion of around 9.

Appeal on anniversary of murder
BBC News – Jun 30, 2005
Daniel Miller, 19, was shot outside his home in Lones Road, West Bromwich, on 30 June, 2004. He had just bought an Alfa Romeo car and police believe he could have been targeted because of it. The killers may not have realised it had changed hands. A spokesman said there was nothing in Mr Miller’s background to suggest he would be the subject of an attack. The shooting took place just before 2100 BST, just before Portugal played Holland in Euro 2004… The killers may not have realised it had changed hands. A spokesman said there was nothing in Mr Miller’s background to suggest he would be the subject of an attack. The shooting took place just before 2100 BST, just before Portugal played Holland in Euro 2004.

Rangers prepare £1m offer for Webster
Sunday Times – The Sunday Times – Jul 3, 2005
When appointing George Burley as their new manager last Thursday, Hearts stressed that they were no longer in a position of having to sell players to reduce their debts. “We are aware of interest in a number of our players,” said Phil Anderton, the chief executive. “It is testament to the club that we had four players in the Scotland team, but we are not in the business of selling players. “If George is adamant that he wants to keep them then we won’t sell, unless somebody came in with a ridiculous offer that meant we could go and get better players. Equally, the new manager might decide that those players aren’t as good as others think they are and he’s got better alternatives, in which case we won’t have any kind of emotional attachment. It will be about making the right decisions for the club. ” Burley, however, has already stated that he wants to keep only players who are happy at the club… Reports in Italy yesterday suggested that Panathinaikos have offered him to Lazio after failing to reach a compromise with Rangers. Suggestions from another Greek international defender yesterday that Celtic offered him a three-year deal have been dismissed by his own agent. Traianos Dellas, who starred for his country at Euro 2004, said his agent had received the contract offer from Celtic but Maurizio Tonicchi, who represents Dellas, contradicted this, saying there had been no contact from Peter Lawwell, Celtic’s chief executive, since an inquiry 10 days ago. oEddie Thompson, the Dundee United chairman, has criticised the composition of the six-man panel that advised against the renewal of Jason Scotland’s work permit. “Iain Blair (secretary of the Premierleague) probably hasn’t even played football in his life,” said Thompson, “and the others all played for one team (Hibs), which I found a little strange. We will be asking the authorities to look into that.

Investor’s Business Daily: Breaking News
Investor's Business Daily – Investor's Business Daily (subscription) – Jun 29, 2005
Expectations were for a reading of minus 4. The sales figure, which was the lowest since records began in 1983, contrasted with a figure of minus 7 in May. However, retail analysts at brokerage Seymour Pierce said: “This is a somewhat distorted picture, as even the CBI admits that June last year was a strong month, benefiting from (soccer tournament) Euro 2004. “”Even more pertinent is the fact that the survey covers only just over two weeks of the month. and thus has missed the huge pick-up in clothing sales after the 16 June,” the broker added… and thus has missed the huge pick-up in clothing sales after the 16 June,” the broker added. “Overall, the month will have been soft, but certainly not weaker than April and May. Indeed, we would expect the British Retail Consortium and the Office of National Statistics to show a slightly better picture,” the broker said. Meanwhile, shares of airports operator BAA (BAABAA) surged 3. 9% after the company was upgraded by UBS to buy from neutral. The broker says the market is too bearish on what kind of return the regulator will allow for BAA, estimating that its share price was factoring in a return of 4.

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