Airlines and Apple hurt US – New York Report June 8, 2015 US STOCKS ended lower yesterday as investors worried about Greece and mulled the prospect of the Federal Reserve raising interest rates as early as September. The Dow Jones industrial average fell 82.91 points, or 0.46 per cent, to end at 17,766.55. The S&P 500 lost 13.55 points, or 0.65 per cent, to 2,079.28 and the [...]
London’s next mayor must harness the City to tackle the housing crisis – David Lammy June 8, 2015 Not a day goes by without a politician talking about the London housing crisis, and rightly so. It is the biggest challenge our city faces, causing serious problems for almost all sections of the capital, from businesses to renters and families to first time buyers. Politicians have a frustrating tendency to talk about housing with [...]
Why a compulsory living wage is not the best way to help society’s poorest June 8, 2015 The Living Wage Foundation – which lobbies employers to pay £9.15 an hour in London and £7.85 elsewhere – has never called for statutory implementation of its cause. It considers itself to be a pragmatic civil society movement, encouraging firms to pay their low-paid workers enough to live comfortably. But the campaign has been hijacked [...]
In praise of the Gurkhas and UK-Nepali friendship June 8, 2015 Tonight, a very special event will take place at the Royal Hospital in Chelsea. In the presence of the Queen and other Royals, a pageant will showcase the two hundredth anniversary of Gurkha service in the British army. Amid the spectacular show, there will be an opportunity, too, to reflect on the devastation that has [...]
After a row over ministers’ freedom to back the No vote, is David Cameron bungling EU renegotiation? June 8, 2015 Tim Knox, director of the Centre for Policy Studies, says Yes Successful negotiation is based on clarity, conviction and consistency. Sadly, in our renegotiations with the EU, clarity is scarce. Are we talking about an optout from ever-closer union? Or is it just a matter of limiting welfare entitlements? So too is conviction. Who can [...]
Global turbulence to rock UK: Trouble in the Eurozone, Fed rate hikes and a Chinese slowdown could hit markets June 8, 2015 Yesterday, the Confederation of British Industry (CBI) revised its UK economic growth forecasts to 2.4 per cent and 2.5 per cent for 2015 and 2016 respectively, down from 2.7 per cent and 2.6 per cent. It wasn’t troubles at home that concerned the business organisation. The CBI cited economic instability in Greece, a sluggish Eurozone, [...]
How to really make money from Bitcoin – CNBC Comment June 8, 2015 Are you putting all your life savings into Bitcoin, expecting the price to rally higher? Or are you taking bets on a price plunge using complex derivatives? Either way, I have a little tip for you. There’s another way to trade the controversial cryptocurrency and it involves new regulation from New York which was finalised [...]
Why the New Zealand dollar could bounce this week – DailyFX Tips & Picks June 8, 2015 With euro-dollar now turning a little stale, it’s worth shifting our focus onto the New Zealand dollar. Heading into the Reserve Bank of New Zealand interest rate meeting this week, New Zealand dollar-dollar is down by roughly 8.5 per cent since its April high. The backdrop for this decline has been expectations of a rate [...]
The secrets to having a highly engaged team June 8, 2015 Use internal talent to train and don’t forget old-fashioned thank yous. Only A third of UK employees are highly engaged at work. That’s according to our recent report, Employee Engagement: How British business measures up. It also revealed that line managers are the key to how engaged staff are at work. We all know [...]
Car review: The Mini John Cooper Works is a new classic of the hot hatch genre June 8, 2015 The daddy of all hot hatchbacks is the Volkswagen Golf GTI. Introduced in 1976, Volkswagen shoehorned a 1.6-litre engine into its popular family hatch and boasted of its 110mph top speed. It’s a shame, then, that today the Volkswagen Golf GTI is such a lardy number. Sure, it’s fast – and you can buy [...]
