City A.M. shadow mpc votes 6-3 to hold policy September 9, 2015 CITY A.M.’s panel of economists said the Bank of England should hold fire on rates when its committee votes today. Expectations of the first rate rise have been pushed back after market turmoil in China and commodity price falls. However, Bank of England governor Mark Carney has played down the impact of both on inflation [...]
Bank of Canada to wait and see as it holds rates September 9, 2015 THE BANK of Canada (BoC) kept interest rates at 0.5 per cent yesterday, in line with analysts’ expectations. The BoC has cut rates twice recently, as the country grapples with a collapse in oil and commodity prices. The Canadian economy entered a technical recession in the first half the year – six straight months of economic [...]
City Moves for 10 September 2015 | Who’s switching jobs September 9, 2015 CBRE The commercial real estate services firm has appointed Oliver Segal as an associate director in its Central London lease consultancy team. He joins from Capita Property and Infrastructure, where he has worked since 2006, working on landlord and tenant, asset and portfolio management. Sarasin & Partners The asset manager has appointed Simon Steele and [...]
Apple share price drop following iPhone 6S launch and oil sees Wall St end down – New York Report September 9, 2015 US shares ended almost 1.5 per cent lower on yesterday, after rallying the day before, led by declines in Apple shares and in energy companies, which fell with oil prices. The Dow Jones industrial average fell 239.11 points, or 1.45 per cent, to 16,253.57, the S&P 500 lost 27.37 points, or 1.39 per cent, [...]
Nuclear power can now sweep the developing world – safely September 9, 2015 With everyone fixated on the negotiations over Iran’s nuclear programme, it is regrettable but perhaps understandable that the world has missed a crucial moment in the history of nuclear non-proliferation. The International Atomic Energy Agency (IAEA), the government of Kazakhstan and a host of other international actors have agreed a deal to create the [...]
How Jeremy Corbyn’s People’s QE could win Labour the next general election September 9, 2015 According to SkyBet, Jeremy Corbyn is the 1/7 favourite to become the next Labour leader this weekend, with Yvette Cooper trailing in second place at 8/1. Bet365 puts the odds at 1/7 and 15/2 respectively. So if Corbyn is going to lose the leadership race, both the bookies and the political pundits will have [...]
Why it’s time to bring back a free market for sports tickets September 9, 2015 This year, anybody in the UK with an interest in sport has been spoilt for choice. The Ashes and Wimbledon both captured the public’s imagination once again and we still have the Rugby World Cup to look forward to. Alongside this, we continue to host some of the best music gigs in the world, [...]
As North Sea oil faces an investment collapse, is the economic case for an independent Scotland dying? September 9, 2015 Brian Monteith, director of the ThinkScotland think tank, says Yes The economic case for Scottish independence put forward last September was deeply flawed and didn’t add up. Neither the question of the currency arrangements nor funding an inflated public expenditure bill from future oil tax revenues were answered to the satisfaction of the Scottish people. [...]
Prince Ali bin Al-Hussein accuses rivals of lacking guts after declaring Fifa candidacy September 9, 2015 Prince Ali bin Al-Hussein accused his potential rivals of being weak for failing to challenge Sepp Blatter after announcing his intention to stand for the presidency of world governing body Fifa yesterday. The 39-year-old forced a second round of voting in May’s election before standing aside, and will now bid to defeat Uefa president [...]
BBC to broadcast NFL games as part of new two-year contract September 9, 2015 “America’s game” has found a new home in British broadcasting: The BBC has agreed a two-year deal with NFL to show live coverage of the Super Bowl and International Series games at Wembley. A highlights show called “The Road to the Super Bowl” will be shown on BBC Two and online every week from November [...]
