New York Report: Dow and S&P climb to fresh record highs August 1, 2013 THE DOW and S&P 500 ended at record highs last night, with the S&P 500 rising above 1,700 after strong data on manufacturing-sector growth and as central banks said they would keep monetary stimulus in place for now. Stocks were broadly higher, with all 10 S&P 500 sectors in the black, though growth-sensitive financials, industrials [...]
Why Britain should not view Germany as a role model for economic success August 1, 2013 ACROSS Europe, policymakers are casting envious looks towards Germany. From a French perspective, the country’s persistent low unemployment rate is desirable; British policymakers long to copy its relatively robust growth and export performance; and from across the continent, the balanced budget that Europe’s largest economy projects for 2013 seems like something to strive for. But [...]
National Minimum Wage turns 15 – but it still fails to help those most in need August 1, 2013 YESTERDAY, the National Minimum Wage (NMW) celebrated its fifteenth birthday. It has not been the disaster some feared – largely because the Low Pay Commission set rates conservatively, taking ability to pay into account – but nor has it entirely helped those it was designed to. Today, there is pressure to push the minimum upwards. [...]
Open for business: How universities can boost our long-term recovery August 1, 2013 THERE’S been widespread talk recently that the British economy, finally, is taking off. Addressing what will sustain this recovery over the long-term should be a top priority, and the UK government must avoid a pseudo-recovery fuelled by quantitative easing, or relying on puffing up the public sector again. A serious recovery demands a serious rethink of [...]
Letters to the editor – 02/08 – Startup growth, Best of Twitter August 1, 2013 Startup growth [Re: Britain is falling badly behind in the entrepreneurship stakes, Tuesday] For the past seven years, I have run Enterprise Nation, and for the past two I have managed the national enterprise campaign, StartUp Britain. The StartUp Britain Tracker – which tracks the number of companies started each day and month – shows that, [...]
Review: Only God Forgives August 1, 2013 FILM ONLY GOD FORGIVES Cert 18 | By Steve Dinneen Three stars SO, ONLY God Forgives… Owwwwkaaaaaaay… Nicholas Winding Refn’s blood-soaked Bangkok revenge movie makes his previous film, Drive, look like a kids movie about a plucky stuntman. It’s essentially a collection of stylish, exquisitely orchestrated but disjointed scenes portraying a level of graphic violence [...]
DRS decisions could damage our careers, fears Rogers August 1, 2013 AUSTRALIA opening batsman Chris Rogers believes persistent umpiring errors in the Ashes series could be career-damaging, after the Decision Review System was again called in to question on the opening day of the third Test at Old Trafford. The tourists, batting first, reached 303-3 at stumps with captain Michael Clarke playing an inspirational unbeaten innings [...]
Bresnan calls on England to remain patient August 1, 2013 ENGLAND bowler Tim Bresnan feels patience will be the key to winning the third Test. Australia enjoyed their best day at the crease in the Ashes series, taking advantage of a slow, dry pitch to close on 303-3. However Bresnan, who took the wicket of Shane Watson (19) in the morning session, believes England must [...]
Wing wonders Wade and Yarde get England nod August 1, 2013 PROMISING wings Christian Wade and Marland Yard have been rewarded for their eye-catching performances on the summer tour to Argentina with places in England’s 33-man elite squad for the new season. London Wasps’ Wade and Yarde, of London Irish, made their international debuts against the Pumas in June and are among six new faces in [...]
Soldado hoping Bale stays as Tottenham spending hits £50m August 1, 2013 RECORD Tottenham signing Roberto Soldado has urged the club to keep Real Madrid target Gareth Bale next season. Spurs yesterday confirmed they had agreed a club record £26m fee with Valencia to sign the 28-year-old striker, subject to a medical. Soldado is set to become manager Andre Villas-Boas’s third summer signing after the arrival of [...]
