Fracking could help the UK meet its low carbon targets, says report September 16, 2015 Shale gas should be used to help the UK transition to more renewable energy sources and the revenue it generates can be invested in low carbon technologies, a new report has said. “The evidence is clear that it is not feasible to create a renewable and low carbon industry in the short term in the [...]
Energy costs fall to dampen rises over Eurozone September 16, 2015 A STEEP drop in energy prices held down prices in the Eurozone in August, according to figures released yesterday by Eurostat, with officials dropping further hints that stimulus measures could be beefed up if necessary. Energy prices fell 7.2 per cent in July compared with the same month last year, dampening overall annual inflation which [...]
Eurozone prices rise amid hints of policy boost September 16, 2015 A STEEP drop in energy prices held down prices in the Eurozone in August, according to figures released yesterday by Eurostat, with officials dropping further hints that stimulus measures could be beefed up if necessary. Energy prices fell 7.2 per cent in July compared with the same month last year, dampening overall annual inflation which came [...]
City Moves for 17 September 2015 | Who’s switching jobs September 16, 2015 STANHOPE CAPITAL The investment office has appointed Bernard Kalfon as partner to develop its private and institutional client base outside the UK. He has over 20 years’ experience and has held roles at Société Générale Asset Management, Salomon Brothers-Citibank, and Bear Sterns. In 2009, he co-founded Nexar Capital Group. INVESTEC PRIVATE OFFICE Rafe Garvin has [...]
Energy firms push index up – New York Report September 16, 2015 Energy stocks pushed Wall Street higher yesterday due to an almost six per cent jump in oil prices. However, many investors stayed on the sidelines ahead of today’s Federal Reserve decision on interest rates. The Dow Jones industrial average closed up 140.1 points, or 0.84 per cent, to 16,739.95, the S&P 500 gained 17.22 points, [...]
Scottish independence debate: Ignore SNP bluster, Scotland would vote for the Union again September 16, 2015 Today marks the first anniversary of the Scottish independence referendum and you can bet your house we will not be allowed to forget it. Not by the winners, but by the losers, for it is the nationalists who continue to make the most noise as they refuse to accept the democratic defeat they suffered [...]
Jeremy Corbyn’s policies: Labour leader’s statist worldview should be designated public enemy number one September 16, 2015 The gap between the rhetoric and reality of Jeremy Corbyn as a “man of the people” couldn’t be wider. His entire worldview is the antithesis of what is required for long-term prosperity and a rising standard of living. In my, admittedly subjective, opinion, Corbyn’s collectivist, statist, interventionist worldview should be designated public enemy [...]
London housing crisis: There’s a practical way to boost home-building – release surplus public sector land in the capital September 16, 2015 I congratulate Sadiq Khan on being selected as the Labour candidate for London mayor. However, Khan seems to be long on analysis of the problems Londoners face but short on practical solutions. London’s housing crisis is clearly the leading issue at the moment, but all he offers are “new teams” at City Hall without [...]
Fed rate hike: As global markets hold their breath, should the Federal Reserve raise interest rates today? September 16, 2015 Shaun Port, chief investment officer at Nutmeg, says Yes After sending less than subtle messages to financial markets for more than two years that the days of always easy money are coming to an end, it is now time for the Federal Reserve to take the first step and raise rates. A small increase – [...]
Rugby World Cup 2015: Pressure on England and not New Zealand, insists Jonah Lomu September 16, 2015 All Blacks great Jonah Lomu insists the strain of Rugby World Cup expectation will weigh more heavily on the shoulders of England’s players than those of defending champions New Zealand. England open the tournament when they play Fiji at Twickenham on Friday, while a treacherous pathway to the knockout phase awaits with Australia and Wales [...]
