The CBI boss on why political risk is now the biggest threat to business October 31, 2013 John Cridland tells Allister Heath and Elizabeth Fournier that investors are beginning to worry about the UK AFTER more than two decades spent inhabiting the CBI’s offices in Centre Point, the shockingly ugly high-rise just off Tottenham Court Road, John Cridland is on the move. When not kept busy preparing his submission to the chancellor [...]
Best of the Brokers for 01 November 2013 October 31, 2013 NOKIA UBS keeps its neutral rating on the telecoms group and hikes its target price from €4.60 to €5.40. The broker is upbeat about Nokia’s margin progress but thinks it will take time to grow revenues from licencing. FERREXPO Cantor Fitzgerald reiterates a buy stance for Swiss iron-ore producer but has cut its target from [...]
London Report: Weak energy results push the FTSE 100 down October 31, 2013 ADROP in the share prices of oil major Shell and chemicals maker Croda knocked Britain’s benchmark equity index down from five-month highs yesterday. Some traders said it could herald a further, minor pull-back on the blue-chip FTSE 100 as traders cash in profits from a four per cent rise in the index in October. The [...]
New York Report: Fed’s fallout sends Wall St to a low close October 31, 2013 US STOCKS finished lower yesterday as the Federal Reserve’s statement the day before added to investors’ anxiety about the timing of a pullback in its stimulus programme. While it was a second consecutive day of losses for the market, all three major indexes ended October with solid gains. Dragging on the Dow and the S&P [...]
We must stop using water bills as a limitless environmental credit card October 31, 2013 WHILE all attention has been focused on rising energy bills, Britain’s water industry is facing its own troubles – with its recent history characterised by drought orders, hosepipe bans, and tariff hikes. But the efficiency of the UK water supply is an issue that can no longer be ignored. There is new management at water [...]
The Long View: Antibiotics are in critical condition: An open culture will help us find alternatives October 31, 2013 HERE’S a Halloween horror story for you. One of America’s top experts on disease control has just announced that we are now in the post-antibiotic era. It is a moment that has been feared for some time, and its arrival is not a widespread problem – yet. But amid the relentless churn of daily events, [...]
Why we need a new deal for the UK to end the crisis of excessive EU regulation October 31, 2013 WHEN the British public voted in the European referendum 40 years ago, they were told they were voting to remain part of a Common Market. Businesses would thank them, the public was told, because trade is key and a country mired in debt and discord needed to be part of Europe to grow once more. [...]
Letters to the Editor – 01/11 – Regional growth, National security, Best of Twitter October 31, 2013 Regional growth [Re: Why the rest of the UK is failing to keep up with London’s explosive growth, Wednesday] Paul Ormerod is spot on – rigid pay structures outside of London have surely played a role in decreasing competitiveness in the rest of the country. National wage rates in the public sector don’t help. There’s [...]
A Marvel-ous second outing October 31, 2013 FILM THOR: THE DARK WORLD Cert 12a | Four stars ONCE every five thousand years the nine realms align, and the dark elves use the opportunity to plunge the universe into darkness. To do this, they need the Aether, an ancient force of evil which – for inexplicable plot reasons – has possessed the body [...]
A real indie gem October 31, 2013 FILM SHORT TERM 12 Cert 15 | Four stars SHORT Term 12 has already won both the Grand Jury and Audience prize at this year’s South By South West festival: that’s some billing to live up to. It draws you into the tortured world of a temporary foster home for troubled teens. The various trials [...]
