Germany sees growth slow in third quarter November 14, 2013 Germany's economy slowed in the third quarter, in line with expectations. In a flash estimate released by the federal statistics office, GDP increased by 0.3 per cent in the three months ended in September, down from 0.7 per cent growth in the second quarter.
Why it’s no time to be complacent about the UK’s inflation problem November 14, 2013 THE SURPRISE fall in the annual inflation rate in October to 2.2 per cent on the consumer price index and 2.6 per cent on the retail price index is obviously welcome news. However, it’s too soon to be complacent. It also reminds us that inflation has been consistently above the Bank of England’s 2 per [...]
An evening celebrating all the very best of London business November 13, 2013 LAST night was an occasion to remember: City A.M.’s fourth annual awards celebrating the best and brightest of London’s business and financial communities. Over 480 guests from around 100 different firms attended the celebration, held at the Grange Hotel in St Paul’s. There was great food, music and company, as well as a rousing speech [...]
How to seek employer support for your Executive MBA November 13, 2013 But don’t ignore the range of alternative options available if the corporate sponsorship avenue is blocked SINCE the financial crisis, there has been a notable decline in those taking corporate sponsorship for their Executive MBA (EMBA) courses. Whereas around a third of a typical cohort would once be self-funded, with the remainder receiving employer support, [...]
Bitcoin reaches all-time high of $402 November 13, 2013 Virtual currency Bitcoin has climbed to an all-time high of $402 (£252) on the Mt. Gox exchange. Much of the recent surge has been attributed to Chinese demand where BTC China, the leading Chinese Bitcoin exchange, surpassed Japan-based Mt. Gox. On Tuesday Cameron and Tyler Winklevoss (pictured), who famously sued Mark Zuckerberg over the origins [...]
Pictures: Motorola unveils the new Moto G for a very cheap £135 November 13, 2013 Motorola has unveiled its new Moto G and, at £135, it's less than a third of the price of an iPhone 5. Moto G is Motorola's first UK smartphone since it was acquired by Google, and following the American Moto X. The new device, said Motorola at its launch this afternoon, "is a smartphone with [...]
Barclays’ Hector Sants resigns after taking sick leave November 13, 2013 Sir Hector Sants, head of compliance at Barclays bank and former chief of the Financial Services Authority, has resigned, after taking leave in October due to stress and exhaustion. Chief of operations and technology officer, Shaygen Kheradpir will also be leaving for a CEO position at a US company. In a statement released on Wednesday, [...]
Royal Mail and CWU extend talks over pay and conditions November 13, 2013 Recently privatised Royal Mail and the Communications Workers Union (CWU) have agreed to extend talks over workers pay and conditions by a week. In a joint statement released on Wednesday the two groups said: Royal Mail and the Communication Workers Union have made significant progress in current talks on legal protections, industrial stability and pay. [...]
General Motors moves Asian headquarters to Singapore November 13, 2013 General Motors (GM) has announced it it will be moving its international headquarters from Shanghai to Singapore in 2014. The move comes in the wake of of the company's decision to separate its Chinese operations from its international business. Singapore proved an attractive prospect, owing to its proximity to markets outside China. The city-state boasts [...]
Bank of England plays down faster fall in unemployment says Capital Economics November 13, 2013 The latest Inflation Report from the Bank of england has provided "some sort of superficial support" for the notion that interest rates could rise sooner than has been expected, But research consultancy Capital Economics says that the disinflationary effects of spare capacity in the economy will "keep rates on hold for longer than markets anticipate." [...]