London hotels prices drop for Olympics - Sydney Morning Herald
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Travel
Hotel prices are notorious for increasing ahead of international sporting events, but in London the average price has actually decreased by almost $20 a night.
A London hotel room during the Olympic Games in July and August costs on average $325, an increase of 93 per cent to the previous year.
Accommodation website www.hotels.com has found hotel prices have decreased by $20 since March this year.
The online hotel reservation system believes the price cut is due to the number of rooms and deals still available just 60 days before the Olympics.
Further price drops on top of the $20 decrease are not expected ahead of the European summer, which is traditionally a busy time of year.
Rates also vary depending on how close people stay to Olympic venues.
The most popular night for hotels is the opening ceremony on July 27 and the first day of the athletics on August 3.
However, a four-star hotel in central London away from the opening ceremony could cost as little as $233, according to www.hotels.com.
During the 2010 FIFA World Cup in South Africa, hotel prices in Cape Town reportedly rose by 71 per cent compared with the previous year.
AAP
Catalan Dragons 42-18 London Broncos - BBC News
Catalan fought off a spirited second-half comeback by London Broncos to move up to third in Super League.
First half scores from Lopini Paea, Leon Pryce (two) and Remi Casty, all converted by Scott Dureau, gave the French side a 24-0 half-time lead.
London came back after the interval and Antonio Kaufusi, Ben Bolger and Chad Randall crossed to give them hope.
But it was not to be for Broncos as Casty, Steve Menzies and Jamal Fakir all went over to secure victory.
London Broncos' Shane Rodney spills the ball
Broncos were looking for just their third Super League victory of the season and their first since hammering Wakefield 36-0 in March.
Despite being the first game on in the second day of the Magic Weekend programme, the match was attended by an encouragingly-sized crowd in the Etihad, as many fans arrived early to enjoy the excellent conditions.
The Perpignan side had run in seven tries in a comprehensive 36-18 victory in London last month but had to weather early pressure from the strugglers before taking the lead when Paea crashed over from close in following Dureau's neat hand off.
Before Broncos had a chance to recover they were further behind, Pryce waltzing past a static defence after Catalans had regained possession from a London error.
The two sides were separated by 16 points at kick off and it was becoming increasingly apparent why, prop Casty barging in after poor defence from an up and under by Pryce.
Pryce effectively put the game beyond Rob Powell's side after he finished between the posts following Steve Menzies' quick hands on Dureau's kick into space.
With the first attack of the second period, Kaufusi got London on the scoreboard, going over from close in from Chad Randall's pass.
Ian Henderson tackles London's Chris Melling
The arrears were further reduced soon after thanks to Bolger's score from Mark Bryant's good hands under pressure.
Improbably, Randall then dived over from dummy half, after Catalans had forward Jason Baitieri sin-binned for a late challenge on Craig Gower, and Shane Rodney kicked his third conversion to reduce the deficit to 24-18.
Powell's side, winless since the Challenge Cup victory over Batley on 29 April, were in the ascendency but, before they could mount a further attack to level the match, Casty powerfully forced his way across from the 10 to give Trent Robinson's side much needed breathing space once more.
That score changed the complexion of the game and veteran Menzies finished off despite being under heavy pressure from two Broncos players as the French side ran in their sixth try.
With the Broncos looking deflated it was Fakir who grabbed perhaps the best try of the day to round off the win, diving over after an incisive attack cut through the London backline.
Catalans' victory means they close the gap on current leaders Warrington to just one point, having played one game less.
VIEWS FROM THE DRESSING ROOM
Catalan Dragons coach Trent Robinson said:
"We defended well in the first half but we lost a bit of that in the second and that was disappointing.
"I thought that Jason Baitieri hit Gower late but I think it's a poor rule that it's an automatic sin bin. It was silly but not dangerous.
"Jamal Fakir has been in good form all season and it looks like a groin injury. How bad it is, I don't know.
"Our front row group were outstanding. I thought Scott Dureau and Leon Pryce played well but I always judge them slightly harder because of their ability."
London Broncos coach Rob Powell said:
"At 24-18 I really thought we had the chance to go on and win the game.
"It was disappointing to get caught out the way we did when we'd come back so well.
"At half-time we talked about pride and fighting back. We know Catalans are capable of putting 60 or 70 points up.
"We just need to keep working hard and keep believing in what we're trying to achieve here."
SUNDAY'S LINE-UPS
Catalan Dragons: Greenshields, Bosc, Duport, Pala, Stacul, Pryce, Dureau, Paea, Fisher, Casty, Menzies, Anderson, Baitieri.
Replacements: Raguin, Henderson, Simon, Fakir.
London Broncos: Robertson, Dixon, Caro, O'Callaghan, Channing, Sarginson, Gower, Kaufusi, Witt, Wheeldon, Rodney, Melling, Clubb.
Replacements: Randall, Lovell, Bryant, B. Bolger.
Referee: James Child (Dewsbury)
Lloyd's of London preparing for euro collapse - Daily Telegraph
A spokesman for Euler Hermes, Bettina Sattler, told Bloomberg: "The outcome of the new elections in June remains highly uncertain. Consequently, the situation is further deteriorating. The risk of Greece exiting the eurozone has been revived.
"In light of the recent developments, Euler Hermes will most probably have to switch to a more prudent approach. [We have] maintained a high level of cover for [our] customers until today. But now we are confronted with a changing situation."
Lloyd's fears are likely to be shared by a number of European businesses, which are watching developments in Greece.
On Saturday, Juergen Fitschen, co-chief executive of Deutsche Bank, described Greece as a "failed state" run by corrupt politicians.
"I'm quite worried about Europe," Mr Ward said in one of the first admissions by a major UK business leader of the scale of the crisis that would be prompted by a eurozone collapse.
"With all the concerns around the eurozone at the moment, we've got to be careful doing business in Europe and there are a lot of question marks over writing business in the future in euros.
"I don't think that if Greece exited the euro it would lead to the collapse of the eurozone, but what we need to do is prepare for that eventuality."
Mr Ward says Lloyd's had been working hard on contingency planning and had the capability to switch settlement of European underwriting from euros to other currencies.
"We've got multi-currency functionality and we would switch to multi-currency settlement if the Greeks abandoned the euro and started using the drachma again," he said.
Lloyd's has de-risked its asset portfolio in recent years, with investments split equally into cash, corporate bonds and government bonds, mostly in the US, UK, Canada and Australia. "We have de-risked the asset portfolio as much as possible," he said.
The contingency planning comes as German politicians piled the pressure on Greece ahead of elections on June 17.
A conservative member of German chancellor Angela Merkel's cabinet said today Germany would not "pour money into a bottomless pit".
On Sunday, Swiss central bank chief Thomas Jordan admitted his country is drawing up an action plan in the event of the euro's collapse.
London Gets Gold for ID Fraud - Yahoo Finance
NOTTINGHAM, UNITED KINGDOM--(Marketwire -05/23/12)- London could be set for a rise in identity fraud this summer as new figures from Experian CreditExpert reveal that 7.7 million Britons from outside the capital are set to descend on some of the UK's worst areas for ID theft - while 1.9 million Londoners plan to escape.(1)
London, the boroughs around many of the Games venues in particular, is already home to the UK's worst ID fraud hotspots, with rates of attempted fraud up to 11 times higher than the national average. These include East Ham (11 times higher), Woolwich (6.5 times higher) and Stratford itself (six times higher).(2)
There will be a mass influx of people into these areas, carrying personal information in the forms of UK bank account details, and credit card details. This leaves individuals at a high risk of Identity Fraud with individuals, in unfamiliar surroundings, exercising less caution than they would normally adhere to in their normal surroundings. This presents a massive opportunity to fraudsters, with visitors likely to have passports and other pieces of personal identification about their person, be freely using smart phones and unsecured WiFi hotspots, and also potentially sharing hostels or rented accommodation with strangers all of which increase the risk of identity theft.
Visitors are therefore advised to keep a close eye on their personal information, and on their credit report following their visit for any signs of unusual activity. CreditExpert also provides alerts if your personal details appear anywhere unexpectedly online so it is easy to protect yourself pro-actively.
TOP FIVE RISKS TOP FIVE TIPS TO STAY SAFE ---------------------------------------------------------------------------- Passports Think about how much sensitive information you really need to have about your person - if your hotel booking has your card number and address, do you need to carry it around with you, for instance? Likewise, don't take your passport out with you unless you absolutely have to. If you are staying in a hotel for the Games, ask for sensitive documents to be securely stored in the hotel safe when you are not using them. ---------------------------------------------------------------------------- PIN codes Make sure that no-one else can see you enter your PIN code at ATMs and chip and pin machines, particularly in large crowds. Do not write down or carry your PIN code with you. ---------------------------------------------------------------------------- Smartphones If you have a smartphone, you'll certainly want to photograph and tweet your time at the Olympics, but be particularly careful what you share when connected to an unsecured wireless network. Also ensure you switch off Bluetooth and roaming settings when not required and ensure you use a password. ---------------------------------------------------------------------------- Post If you're going to be one of the lucky ones visiting London for a few weeks to enjoy the Games, think about what you'll do with your post. Intercepted post is one of the key ways in which fraudsters can take people's detail, so it could be worth setting up a redirect for the duration of the Games. ---------------------------------------------------------------------------- Face-to-face Check the credentials of anyone asking for your personal information, whether by phone, face-to-face or over the internet. If in doubt, don't do it!
The Experian CreditExpert research reveals that no fewer than one in six Britons (16 per cent) is planning on visiting London during the Olympics, half as tourists and half to attend the Games themselves. Seventeen per cent of people coming to the capital have not been for more than a decade, with a further three per cent making their first ever trip to the city.
Nearly six out of 10 (59 per cent) will be staying for several days. Although one in four (25 per cent) will be staying in hotels and one in five (21 per cent) with friends, a significant minority (four per cent) will risk staying in a hostel and two per cent will be renting a property or someone's spare room - some 154,000 people.(3)
And although they are concerned about large crowds (23 per cent) and the expense of London (20 per cent), just three per cent are worried about identity fraud.
The risk of ID fraud among visitors is arguably heightened by the decision of many Londoners to quit the capital during the course of the Games. One in 14 (seven per cent) are looking to leave London for the duration of the Olympics, with a further one in six (17 per cent per cent) planning to get out of the city for at least some of the period.
But it's not just newcomers who need to be careful. The one in 20 Londoners taking on a lodger or renting out a room or their whole property need to be aware they are putting themselves at risk of ID fraud by inviting a stranger into their home and are advised to ensure personal details are locked away and post collected promptly.
Peter Turner, Managing Director at Experian Interactive, commented: "This is set to be a once in a lifetime summer. But that doesn't mean people should let their guard down - just because you are holidaying in the UK, you should still take the same precautions you would if you were on a city break to Europe.
"Identity fraud is one of the fastest-growing crimes of the 21st century, and anyone could be at risk from fraudsters getting hold of their personal information, particularly if they are in an unfamiliar area, renting a flat short-term or a room in a B&B. Likewise if you are a homeowner letting a spare room just for the Olympics, do ensure all your personal details are kept safe from visitors."
"This is why it is so important to have proper safeguards in place to protect your identity. With Experian CreditExpert if the worst should happen you will be alerted to any significant changes to your credit report so that you can react quickly and keep the risks to a minimum."
Identity fraud hotspots
Top 10 10k households Top 10 in 10k households nationwide Cases London Cases ---------------------------------------------------------------------------- Slough 25 East Ham 78 London (all) 22 Woolwich 46 Gravesend 20 Stratford 43 Birmingham 17 Ilford 33 Luton 16 Walthamstow 27 Manchester 15 Harrow 27 Leicester 14 Cheapside 26 High Wycombe 13 Lewisham 26 Peterborough 13 Hatfield 26 Windsor 12 Enfield 26
To avoid becoming a victim of identity fraud this summer, Experian CreditExpert suggests some further tips:
1. Keep an eye on your credit report It's a history of all your credit accounts and will highlight any irregularities such as suspect applications for credit and rises in card balances. You can view your credit report free with a 30 day trial with Experian CreditExpert.(ii)((i)New customers only. Monthly fee after trial ends) 2. If in doubt, don't click If an email purporting to be from a hotel or linked to the Games seems suspicious, contact the relevant organisation and don't give out personal details. Your bank, credit card provider and any reputable business will never ask for confirmation of details by email. 3. If you do become a victim of fraud Don't forget you can sign up to Experian's CreditExpert whose dedicated victims of fraud team will work on your behalf to resolve the issue.
Notes to editors:
1. The UK adult population is 48,091,600 (ONS). Sixteen per cent of adults are set to come to London during the Olympics. Therefore: 0.16 x 48,091,600 = 7,694,656 or 7.7 million.
The population of Greater London is 7,753,000 (ONS) 24 per cent of Londoners are looking to leave the capital during some or all of the Games. Therefore: 0.24 x 7,753,000 = 1,860,720 or 1.9 million
2. Based on analysis of information from the National Hunter anti-fraud data sharing system and the Insurance Hunter database.
3. 0.02 x 7694656 = 153,893 or 154,000
Key benefits of Experian CreditExpert membership:
- Experian is the UK's most trusted credit reference agency
- Experian is the credit expert with more than 30 years of experience
- Free 30-day trial of CreditExpert(i)((i)New customers only. Monthly fee after trial ends)
- Unlimited access to your Experian Credit Score
- Weekly alerts of changes to your credit report
- Access to an award-winning, UK-based customer services team
- Identity Protection Insurance of up to GBP 75,000(ii) ((ii)terms and conditions apply)
- Expert advice and tools to help improve your credit rating
- Intelligent price matching to credit products suited to your credit history
- Consumers can apply directly from the website: www.creditexpert.co.uk
About Experian
Experian is the leading global information services company, providing data and analytical tools to clients around the world. The Group helps businesses to manage credit risk, prevent fraud, target marketing offers and automate decision making. Experian also helps individuals to check their credit report and credit score, and protect against identity theft.
Experian plc is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index. Total revenue for the year ended 31 March 2012 was US$4.5 billion. Experian employs approximately 17,000 people in 44 countries and has its corporate headquarters in Dublin, Ireland, with operational headquarters in Nottingham, UK; California, US; and Sao Paulo, Brazil.
London 2012: Haile Gebrselassie Olympic 10,000m hopes ended - BBC News
Ethiopian two-time Olympic 10,000m champion Haile Gebrselassie has failed to qualify for this summer's Games in London after finishing seventh at the Fanny Blankers-Koen Games in Hengelo.
With the race being an official Ethiopian Olympic trial, Gebrselassie needed a top-two finish to qualify.
But the 39-year-old ran a time of 27 minutes 20.39 seconds, nearly nine seconds behind winner Tariku Bekele.
Haile Gebrselassie's medal haul
1993 World Championships: Gold (10,000m), Silver (5,000m)
1995 World Championships: Gold (10,000m)
1996 Olympic Games: Gold (10,000m)
1997 World Championships: Gold (10,000m)
1999 World Championships: Gold (10,000m)
2000 Olympic Games: Gold (10,000m)
2001 World Championships: Bronze (10,000m)
2003 World Championships: Silver (10,000m)
Elsewhere, Britain's Phillips Idowu was victorious in the triple jump.
The 33-year-old 2009 world champion won with a leap of 17.31m.
Idowu's fellow Briton Hannah England came home first in the women's 1500m in 4mins 4.05secs.
Former world-record holder Gebrselassie, who has already failed to earn a spot in the marathon for London this summer, was hoping to compete in his fifth Olympics and was in confident mood after winning the Great Manchester Run last weekend.
However, his chances of appearing are now over following a race won by Bekele in 27mins 11.70secs, just ahead of Leleisa Desisa Benti who will join him in London.
The third spot in the Ethiopian team is being held open for world-record holder Kenenisa Bekele, Tariku's brother, who has been suffering from injury problems.
"The Games in London is over for me," said Gebrselassie. "I ran a good race until the last lap. I felt good but I manifestly didn't have the speed to compete against my rivals. That's life. I am not disappointed."
Also in the Netherlands, in the 400m, Santos Luguelin of the Dominican Republic posted the second-fastest time of the year, 44.45secs, to edge out Britain's Martyn Rooney.
"Blade Runner" Oscar Pistorius finished fifth in 46.35secs.
London 2012: Jessica Ennis storms to personal best and victory in Götzis - The Guardian
Sixty-one days out from the Games, there were intimations of Olympic immortality in Jessica Ennis's performance in Austria. She was so dominant that by the time it came to the 800m the only question left to ask was just how much she wanted to turn the screw on everyone else.
Before competing in Götzis, Ennis had spoken about the small psychological edge that a victory would provide. Never mind her modesty, by winning in such style she was not so much serving notice to her rivals as she was taking names and collecting dues; she is an athlete in the form of her life. Her tally of 6,906 broke Denise Lewis's British heptathlon record by 75 points, was the 17th best in history, and perhaps most importantly, surpassed the personal best of the 2011 world champion Tatyana Chernova by 26 points.
Ennis's overnight lead over Chernova was 229 points, but that margin was deceptive. One of the reasons why rivalry between the two athletes is so compelling is that the differences between them are so pronounced. Chernova is nearly 10 inches taller and 13lb heavier. Ennis has better personal bests in all four events on day one, Chernova is superior in all three on day two. If both had reproduced their average scores for the second day they would have tied on 6,770. When Chernova won the world championship in Daegu, she made up 280 points on Ennis on day two.
The defining moment of this competition came in the first discipline on the second day. Chernova's personal best in the long jump is 6.82m, 28cm beyond anything Ennis has ever managed. Ennis is an erratic long-jumper – 6.19m cost her the world indoor pentathlon title in March – and will always be under pressure in the event, forced to fret about just how many points Chernova's leap will take out of her lead. Ennis's first jump was 6.23m. Chernova surpassed that with an opener of 6.32m. Ennis, pushing herself hard, fouled her second jump, overstepping by 5cm. Chernova then improved to 6.41m. Ennis, with one jump left, was going to lose 57 points from her lead.
Under intense pressure, with Chernova prowling on the runway behind her, Ennis nailed the perfect jump with her final attempt. Her toe was hard up against the take-off board, and she flew out to 6.51m. That equalled her outdoor best. "Oh my, why do I coach?" said Ennis's coach, Toni Minichiello. He described the moment as "heart-pounding". All of a sudden the barometer switched right round. All the pressure was on Chernova. She could only manage 6.44m. Ennis ended up picking up 22 points in an event where she had expected to lose many more.
Ennis's score at that point was the best she has ever recorded after five events. And her afternoon was about to get better still. After lunch she came out for the javelin, another event where she lags a long way behind Chernova. In Daegu, it was the javelin that cost Ennis gold. In Götzis she carried the momentum from the long jump pit into the next event. In the first round she threw a new personal best of 47.11 metres. It was the first time in her career she had thrown more than 47m, and beat her previous best by 40cm.
In Daegu, Minichiello had been furious that she was forced to compete in the B javelin group along with the lesser competitors, while Chernova threw in the A group. Here Ennis was in the A group, and she thrived. In the 200m she had been running on the inside of the talented Dutch teenager Dafne Schippers, the fastest woman in the field, and had been pulled around by her.
In the javelin, being bracketed with the strongest throwers brought the best out of Ennis. Her second and third efforts were both over 44m. There was a consistency that spoke volumes about the hard work she has done over the winter.
The 251-point lead she took into the event gave her a 12.5m buffer over Chernova. In the end the Russian beat her by a little under 6m, with her first round throw of 53.21m. Ennis had a 133-point lead at the start of the 800m.
Chernova would have needed to been 9.77sec quicker over two laps to have beaten Ennis, which is tantamount to having no chance at all. Still, Chernova overtook Ennis in the final few metres of the race, just to make the point "I'm still here". Chernova won in 2min 8.94sec, six hundreths of a second ahead of Ennis, but still 132 points behind her.
The next time Ennis and Chernova go head-to-head it will be in very different circumstances, and with much more at stake. Götzis is a low-key meet, and the contrast with the Olympic stadium could hardly be stronger. Here the crowd was only 2,000 or so strong, and the small stadium is surrounded by grass banks dotted with würst vendors and schnitzel sellers. Ennis gave her post-competition press conferences while standing in a wheelie bin full of iced water.
In a little over two months from now Ennis will need to reprise her on-track feats on the biggest stage she will ever perform. If she does, her life will never be the same again.
GM's Vauxhall announces new Astra at UK plant - Yahoo Finance
LONDON (AP) -- General Motors' Vauxhall plant in northern England will build the company's top-selling Astra vehicles, the automaker said Thursday — a relief for U.K. politicians who had lobbied its American owner to keep the plant open.
The announcement comes after workers at the Ellesmere Port plant, near Liverpool, overwhelmingly backed a job deal which turned the factory into a 24-hour-a-day operation, a key cost-cutting measure pursued by parent company GM Europe.
GM Europe lost $700 million in 2011 and has been struggling to turn around its Opel and Vauxhall brands. It had been feared the company would close the Ellesmere Port facility in favor of consolidating production elsewhere — such as its headquarters in Ruesselsheim in Germany or Gliwice in Poland.
In a separate announcement, Opel said that the Ruesselsheim plant would switch to producing other models.
GM's announcement — which comes with a 125 million pound (nearly $200 million) investment and 700 extra jobs — is a break for leaders such as British Business Secretary Vince Cable, who fought to keep the British plant open.
Prime Minister David Cameron, speaking from the northern city of Manchester, called the decision "a fantastic vote of confidence."
"The U.K. government gave this its full backing. The unions supported the necessary changes. The workforce has responded magnificently. It is a British success story," he said.
Cable, who at one point traveled to the U.S. to plead the plant's case, told BBC television that no financial inducements were offered to General Motors Corp. to keep the U.K. facility open, saying the move underlined that Britain is "a good business environment for the motor industry."
Production of the new car is due to begin in 2015, with at least 160,000 vehicles scheduled to be produced every year.
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