FTSE loses pace after poor US economic data January 30, 2013 The FTSE 100 fell yesterday, weighed down by miners after disappointing US GDP data as investors considered whether the rally that has lifted the index to 4-1/2 year highs has further to run. The FTSE 100 closed down 16.08 points, or 0.3 per cent, at 6,323.11, having climbed some 20 per cent from its June [...]
Stocks dip on Fed decision to keep easing January 30, 2013 U S stocks edged lower yesterday after the Federal Reserve left in place its bond-buying stimulus plan, saying economic growth had stalled but indicating the pullback was likely temporary. Describing the US job market as continuing its modest pace of improvement, the Fed repeated a pledge to keep purchasing securities until employment improves substantially. The [...]
Remote working: A new approach to 9-5 January 30, 2013 LAST November, Nick Clegg hit headlines when he made a speech on flexible working. His proposal may only have extended the right to request flexible working hours to all employees, but this phenomenon is here to stay. And it won’t exclusively be for the benefit of those with children. Flexible working can be an appealing [...]
How to tackle the challenges of bring your own device January 30, 2013 DIRECTOR UK ENTERPRISE, CISCO Q How has “bring your own device” (BYOD) helped companies and their employees? A BYOD is helping companies attract the talent they need to prosper. Increasingly, graduates and early career individuals will select a company based on its flexible working arrangements and the freedom to connect to work away from the [...]
City firms can fix the flexibility conundrum January 30, 2013 WORKING culture in the UK has seen a notable change in recent years. No longer are we focused on a prescriptive work mentality, where 9-5 hours and a career for life are the norm. Instead, it’s now about making the “how”, “when”, and “where” factors of our job work for us, rather than the other [...]
FTSE rally tops fresh peaks yet UK banks slip January 29, 2013 BRITAIN’S top share index hit new four and a half year peaks yesterday, with a strong rally in miners outweighing concerns about continuing problems in the banking sector. Data from the US offered fresh proof of improvement in the world’s biggest economy, with a strong pick-up in housing prices following above-forecast durable goods data the [...]
US investors buy defensive sectors’ stock January 29, 2013 US stocks advanced yesterday, led by defensive sectors, in a sign the cash piles recently moving into the market are being put to use by cautious investors to pick up more gains. S&P 500 is on track to post its best monthly performance since October 2011 and its best January since 1997 as investors poured [...]
Fed is ahead in the battle of the central banks January 29, 2013 ALTHOUGH the US has shown signs of rebounding, a scratch beneath the surface reveals that there are still issues dragging on the world’s largest economy. By historical standards, the pace of its current recovery is feeble. Research from Bank of America Merrill Lynch points out that the average annual growth rate of this recovery is [...]
Why the FTSE has rallied strongly in January January 29, 2013 THE FTSE 100 index has gained nearly 7 per cent since 2013 got underway, almost a month ago to the day. This is one of the most impressive starts to a year on record. Only two previous Januaries since the FTSE 100 was formed have beaten the current month (as of the time of writing). [...]
FTSE breaches the 6,300 mark but loses steam January 28, 2013 BRITAIN’S top share index breached the 6,300 level for the first time since May 2008 yesterday, driven by strength in banking and energy stocks, although that heady height failed to hold for the close. Global giant HSBC added the most points to the FTSE 100 index, with its 1.0 per cent advance alone, accounting for [...]