Former Manchester United players in the “Class of ’92” get green light for new sports business university January 30, 2018 The “Class of 92” group of former Manchester United players have been given the green light to build a new university in the Greater Manchester area. Trafford Council’s executive committee has approved proposals for The University Academy ’92 (UA92) in Stretford which will offer sport, media and business courses for up to 6,500 students. The [...]
Climate Progress Dashboard points to 4.1°C rise in temperature January 30, 2018 | City Talk Progress is being made in tackling climate change, with continued falls in oil and gas investment pointing to lower future production. However, the improvements have been offset by a global fall in investment in clean technologies. Those are findings of the Schroders Climate Progress Dashboard, updated quarterly, which tracks the temperature rises implied by key [...]
Corporate bonds vs shares: eight questions answered January 30, 2018 | City Talk Investors face a constant dilemma over which assets, such as shares, bonds and property, to invest in. The answer is often that a mix of assets can help meet your goals. Different investments can perform well at different times. For example, when shares languish, government or corporate bonds may fare better. This is considered to [...]
Will Apple take the Dow over 27,000 this week? Only a fool would bet against it January 30, 2018 | City Talk How much higher, and how quickly, can Wall Street rise? It’s a question this column has asked a couple of times, but it’s one that bears repeating after the Dow Jones hit a new record close on Friday. Might we see the Dow break 27,000? Market sentiment suggests yes. Moreover, it suggests it could do [...]
Conservative activists “spitting bullets” over Theresa May’s leadership January 30, 2018 Grassroots Tory activists are "spitting bullets" about Theresa May's handling of the government, the latest faction of the party to rebel over her weak leadership. One MP said May was seen as "speaking from both sides of her mouth", adding that angered party members were starting to "put pressure" on MPs to challenge the Prime [...]
Brexiteer Iain Duncan Smith says UK government forecast should be taken “with a pinch of salt” January 30, 2018 Leave campaigner Iain Duncan Smith has hit out at a leaked analysis of how Brexit will impact the economy, saying it should be taken with a “pinch of salt”. A government report on the impact of Brexit has claimed the UK will be worse off under various different scenarios after March 2019. Read more: Overheard [...]
DEBATE: After Donald Trump’s warm words, should the UK put a trade deal with the US top of the priority list? January 30, 2018 After Trump’s warm words, should the UK put a trade deal with the US top of the priority list? David Campbell Bannerman MEP, board member of Leave Means Leave, says YES. The US is still the largest economy in the world. President Trump’s $1.5 trillion tax cut will also be like adding rocket fuel to [...]
House of Fraser boss Yuan Yafei says UK businesses need a “signal” on Brexit January 30, 2018 House of Fraser boss Yuan Yafei, who also chairs Sanpower Group, has said business needs a “signal” on the kind of Brexit the UK is pursuing. Yafei, who took control of House of Fraser four years ago, told the BBC that leaving the EU would “not be too bad” for the economy, but that the [...]
Neither a vaper nor a vegan be: Truss blasts Labour economic plans and rallies behind free enterprise January 30, 2018 Treasury secretary Liz Truss will this morning attack Labour’s economic policies, lambasting shadow chancellor John McDonnell’s vision of “a control economy”. She heralded free enterprise for driving down prices and creating jobs while “breaking down monopolies, hierarchies and outdated practices” in a speech at think tank the Policy Exchange. Britons no longer need to be [...]
Improving Chinese visas must be a priority for post-Brexit Britain January 30, 2018 EU immigration may dominate headlines in the aftermath of the Brexit vote, but Willie Walsh, the boss of British Airways owner IAG, hit the nail on the head yesterday when he wrote to home secretary Amber Rudd to ask her to chivvy along changes to Chinese visas. It was way back in 2015 that then-Prime [...]