London Report: FTSE spurred to three week high by US outlook April 1, 2014 THE UK’S top share index touched a three-week high yesterday, with cyclical stocks rallying on the back of an improving US economic outlook and expectations of more stimulus from China. The blue-chip FTSE 100 index extended earlier gains to set its highest level since 12 March after data showed US factory activity accelerated for a [...]
New York Report: Factory figures help S&P 500 to record close April 1, 2014 US STOCKS rose for a third straight session yesterday, with the S&P 500 ending at a record close, after positive data on factory activity indicated economic growth was gaining traction following a harsh winter. The Institute for Supply Management (ISM) said its index of national factory activity rose to 53.7 in March, its second straight [...]
Letters to the Editor – 02/04 – Health apps, Best of Twitter April 1, 2014 Health apps [Re: Why the NHS now needs a radical strategy for survival, yesterday] I read Thomas Cawston’s rallying cry to new NHS England chief executive Simon Stevens with interest, in particular his complaint about a lack of innovation in the NHS. He’ll be happy to learn that we don’t need to travel across the [...]
Last-minute themes to boost your Isa portfolio April 1, 2014 THE ISA deadline is just days away, and the chancellor’s recent decision to enhance the tax wrapper’s flexibility (as well as increasing the annual allowance to £15,000 from 1 July) has heightened its attractiveness as a vehicle for long-term capital growth. We ask the experts for some last minute ideas – and funds – to [...]
Avoid these costly end of tax year mistakes April 1, 2014 THE LAST-MINUTE Isa frenzy is underway. But as you scramble to fill up the £11,520 allowance before 5 April, be wary of some of the most common mistakes made by hasty investors. Buying funds and stocks in a hurry is dangerous, says Jason Witcombe of Evolve Financial Planners. And as most stocks and shares Isas [...]
Fire the bosses: How flat firms work April 1, 2014 A few companies are dispensing with hierarchies, but don’t expect the end of management MANAGEMENT theorists have long pondered the structure of the corporation. In an open economy, with resources distributed by the invisible hand, how can it be that the market’s bidding is carried out by these autocratic, centralised entities? Economist Ronald Coase supplied [...]
Restaurant review: Big Easy, Covent Garden April 1, 2014 Big Easy, 12 Maiden Lane London WC2E 7NA Tel: 0203 728 4888 Food: ★★★★☆ | Value: ★★☆☆☆ | Atmosphere: ★★★☆☆ Cost for two with wine: £150 @steve_dinneen “Crab shack” evokes images of rickety seaside restaurants held together by Sellotape and folksy charm; mom-and-pop joints that only make $7 a day but put a big smile [...]
The Bottle Opener: How wine buffs should spend that bonus April 1, 2014 CHATEAU Pontet-Canet, a lovely domaine in Paulliac but normally overshadowed by its more famous neighbours, has been making the headlines recently. Last week it announced the price of its 2013 wines, €60 a bottle in bond, the same price as 2012. So what? you might ask. Well you see, this is the week the world’s [...]
Champions League: Moyes clings onto belief of Euro glory April 1, 2014 MANCHESTER UNITED 1 BAYERN MUNICH 1 MANCHESTER United manager David Moyes is convinced his team can score in Munich to keep their unlikely dream of winning a fourth Champions League crown alive. The Premier League champions put their domestic woes behind them in last night’s quarter-final first leg to draw with the holders after defender [...]
Woods to miss Masters for first time in 20 years April 1, 2014 WORLD No1 Tiger Woods’s wait for another Major title is set to reach the six-year mark after he was ruled out of next week’s Masters following surgery on a back injury. Woods has been ordered to rest after undergoing an operation on a pinched nerve that had hampered his form and forced him to abandon [...]