London Report: FTSE reverses slide despite US uncertainty September 24, 2013 BRITAIN’S top share index halted a two-day slide yesterday but a selloff in cruise operator Carnival and uncertainty about the US fiscal outlook curbed investors’ appetite. Shares in Carnival fell 5.6 per cent in volume nearly four times its average for the past three months after it warned about a possible loss for the current [...]
New York Report: Stocks fall for a fourth straight session in US September 24, 2013 THE DOW and S&P 500 ended lower yesterday, extending their recent slide to a fourth session as worries over a possible US government shutdown added to investor caution. Although uncertainty remains over the Federal Reserve’s intentions to scale back its stimulus since its decision last week to leave its current programme unchanged, some of the [...]
How Labour can deliver on its pledge and tackle London’s housing drought September 24, 2013 HAROLD Macmillan made his reputation – and became Prime Minister – after delivering on his pledge to build 300,000 houses a year in the early 1950s. As Ed Miliband made clear yesterday, when he promised that a Labour government would ensure that 200,000 new homes were built annually by 2020, we now need similar ambition. [...]
Against the Grain: Rising bond yields – and why regulators should learn to live in the real world September 24, 2013 ARE GOVERNMENT bonds risky? The question arose this time last year, during a meeting with my bank. I wanted a low risk portfolio, but they noted that I did not want to hold UK government bonds. It was not quite clear whether it was the regulator who was insisting, or just the way my bank [...]
Energy price fixing and tax hikes would quickly see economic reality bite September 24, 2013 ED MILIBAND made two big new pledges in his speech yesterday: lower business rates for small businesses, paid for by higher corporation tax on larger firms; and a freeze in energy prices for 20 months from the date of the next election. Economic reality would quickly bite for any government that tried to introduce either [...]
Letters to the editor – 25/09 – Vanity project, Open for business, Best of Twitter September 24, 2013 Vanity project [Re: Labour’ prepared to drop support for HS2, yesterday] We already have an alternative to HS2. It is called the East Coast Main Line. With careful investment to improve pinch points at junctions and bridges, its capacity and speed could be significantly improved at a fraction of the cost of building a new line. [...]
The simple strategy to profit from US dog stocks September 24, 2013 But those buying the 10 worst-performing stocks in the S&P 500 in September should remember that it’s wise to bank gains early THIS is possibly one of the simplest investment strategies ever devised. It is also one of the most profitable. All you need to do is the following: at the end of September each [...]
Restaurant review: Boulestin September 24, 2013 RESTAURANT 5 St James’s Street, SW1A 1EF Tel: 020 7930 2030 FOOD Three Stars VALUE Three Stars ATMOSPHERE One Star Cost for two with drinks: £140 An occupational hazard of being a restaurant critic is that people often ask you where they should go for dinner, or for recommendations of who does the best ostrich [...]
There must be more to life than Sauvignon Bland September 24, 2013 BOTTLE.OPENER@CITYAM.COM AS I PUSHED my supermarket trolley down another aisle of dull whites this weekend, I realised that we all need a little more democracy in our glasses. This is Party Conference season, after all. I am talking, of course, about the Chardonnay/Sauvignon Blanc duopoly. In the past few years these two grape types have [...]
Capital One Cup: Defoe double sparks Spurs romp and lifts recall hopes September 24, 2013 TOTTENHAM boss Andre Villas-Boas admits the form of Jermain Defoe is becoming hard to ignore after the striker hit his sixth goal from three starts in last night’s Capital One Cup third round rout. Defoe netted in each half with midfielders Paulinho and Nacer Chadli also on target at Villa Park, where Spurs are now [...]
