Volatile trading and uncertainty are set to persist September 25, 2011 AFTER another roller-coaster week, which was the second-worst of the year for the FTSE 100, the only really safe call this morning is for the volatility to rumble on. Despite repeated international assurances that action will be taken to preserve financial stability and restore economic growth, the markets start another week without anything definite on [...]
WALL STREET WEEK AHEAD September 25, 2011 EARNINGS forecasts for US companies are starting to feel the pain on Wall Street and in the broader economy as the odds of another recession rise. Intense fear that global debt issues and stagnant growth cannot be resolved has pummelled market confidence in the past couple of months. Earnings have been one of the market’s [...]
Medvedev hit by snub from finance chief September 25, 2011 FINANCE minister Alexei Kudrin has ruled out taking a job in Russia’s next government, citing irreconcilable policy differences with President Dmitry Medvedev, who is likely to become premier in a job swap with Vladimir Putin. Kudrin (below) is the longest serving finance minister in the Group of Eight and has won the respect of investors [...]
Buy-outs slump as morale takes a knock in 2011 September 25, 2011 WEAKENING business confidence has seen the value of UK buy-outs slump this year, according to research published yesterday. Buy-outs in the first three quarters came to £7.8bn, down from £13bn over the same period last year, the Centre for Management Buyout Research said. The three months to September have seen the most significant drop in [...]
If you are in an Olympic hotspot, get set now September 25, 2011 Q&A: London 2012 TIME TO GET READY Q. WE ARE IN AN OLYMPIC HOTSPOT AREA, BUT WE HAVE NO IDEA HOW OUR EMPLOYEES MAKE THEIR WAY TO AND FROM WORK. HOW SHOULD WE PROCEED TO FIND THIS OUT? AND WHEN? A. During the Olympic and Paralympic Games next year, the transport network will be much [...]
The cuts are a convenient lie for the whole political class: City A.M. does the maths September 25, 2011 BY THE TIME you finish this article, the UK’s central government will have spent around a million pounds. It is quite possible that it will have spent even more. Sounds incredible, yes? But last month, and every month this year, that is precisely what happened. For each minute that passed in August, the UK’s central [...]
A chance to build Britain’s answer to Luxembourg September 25, 2011 IT IS clear that one of the things the UK needs most right now is new jobs. Real, private sector jobs. And above all in the regions away from the southeast of England. This month, the ONS has reported the largest increase in unemployment in nearly two years, as the number of people unemployed in [...]
Don’t let the Eurozone split the single market September 25, 2011 Being a part of the developing European single market has provided huge benefits to the UK, both in terms of removing barriers to European trade and in helping the UK to compete in the global marketplace as part of a significant trading bloc that can go toe-to-toe with the US and the emerging Asian superpowers. [...]
RAPID RESPONSES September 25, 2011 Counting the cost Thank you for Tim Worstall’s excellent article criticising the financial transactions tax (FTT). The Institute for International Finance estimates that in the next five years new financial regulations will reduce real gross domestic product by 3.2 per cent, the loss equal to 7.5m jobs across the UK, US, Eurozone and Japan. Germany, [...]
Successful entrepreneurs’ advice on how to ride out the three-year glitch September 25, 2011 STARTING a business is not easy. It’s a monumental decision like getting married, buying a house or having children. So much energy goes into getting it off the ground in the first year that it seems odd to focus on the third. But the third year really does matter. It’s a decisive year when most [...]
