Fed rate hike expectations: Cheap oil and strong dollar blot outlook for Federal Reserve interest rates decision September 16, 2015 Clouds are gathering over the US economy as the release of bearish data spooks investors ahead of tomorrow’s highly anticipated Federal Reserve interest rate decision. Manufacturing output contracted by 0.5 per cent in August, according to Federal Reserve data released yesterday – the sector’s biggest output decline since January 2014. Industrial production, which includes [...]
Glencore share price rises with $2.5bn placing, climbing back from record low September 16, 2015 Shares in Glencore opened up by as much as four per cent on Wednesday morning, pleasing investors with a new share placing. The debt-stricken company is seeking to reverse its fortunes with the emergency share placing, which raised the $2.5bn (£1.63bn) it had promised investors. The commodities trader and mining company saw its shares plummet [...]
England’s Rugby World Cup 2015 opener: Riding early storm is pivotal in overpowering Fiji, insists Courtney Lawes September 16, 2015 England second row Courtney Lawes has predicted a gruelling contest lies in wait for his side in Friday’s Rugby World Cup opener against Fiji at Twickenham but insists their superior fitness will prove the decisive factor. Pacific Nations Cup champions Fiji won their sole warm-up clash against Canada at the Stoop on 6 September, although [...]
Mourinho: I am not a two year wonder September 16, 2015 CHELSEA manager Jose Mourinho has rejected suggestions that he lacks staying power as he attempts to turn around his club’s worst start to a season since 1988 tonight against Maccabi Tel Aviv. The Blues host the Israeli title winners in their opening Champions League group fixture still seeking a first win at Stamford Bridge of [...]
Champions League: Euro defeat was not my fault, says Pellegrini September 16, 2015 MANCHESTER CITY 1 JUVENTUS 2 Frustrated Manchester City boss Manuel Pellegrini insisted he was not outfought tactically despite his side suffering another European failure in their Champions League opener against Juventus last night. The hosts were on course for victory when veteran defender Giorgio Chiellini headed into his own net, only for strike duo Mario [...]
Refugees welcome? Europe’s migrant crisis tests EU solidarity and the Schengen Agreement to its limit – The City View September 15, 2015 The pressure placed by the migrant crisis on Europe’s commitment to free movement was laid bare on our front page yesterday with a map highlighting the states that have reintroduced some form of border controls. For months, EU officials have gone through the familiar practice of holding a meeting and announcing an agreement on the [...]
Government tax credit cuts get the stamp of approval from MPs September 15, 2015 CHANCELLOR George Osborne’s proposals to cut tax credits have been approved by MPs, despite strong opposition from Labour and the SNP. In his emergency Summer Budget, Osborne announced plans to lower the earnings threshold above which tax credits are withdrawn, and said he would speed up the rate at which the benefit is lost as [...]
LSE looks ahead after it sells tech company September 15, 2015 LONDON Stock Exchange Group yesterday confirmed the sale of its market data provider Proquote to IRESS, an Australian financial software firm. The group said Proquote, which it has owned since 2003, “was not central to its strategy going forward for the enlarged Information Services Division”. The Australian firm said the move was part of its [...]
Better use of brownfield sites could help to deliver an extra 1.4m homes for Londoners September 15, 2015 AN EXTRA 1.4m new homes could be built across London by making better use of brownfield land, new research from London First and property advisers Savills has found. The report argues that London is not as dense as other major cities such as Paris and that outer London areas, including Tottenham, Hounslow and Old Oak [...]
Do your homework: The best value areas near to the UK’s top-performing schools September 15, 2015 THERE are many factors that come into play when trying to find the perfect house, and location is always one of them – not least when it comes to school catchment areas. But sometimes the premium you pay to get near a school might not be worth it – perhaps the school doesn’t really perform [...]
