Obama’s conversion to gay marriage will only help him if it’s principled May 16, 2012 NEWSWEEK’S latest cover proclaims “The First Gay President,” with a picture of President Barack Obama wearing a rainbow halo. Obama’s support for gay marriage is a first for a sitting president, a fact his allies in the press have lauded for the past week. David Cameron, who’s championed marriage without receiving similar plaudits, could only [...]
The MPC has put its incompetence on public display May 16, 2012 THE latest inflation report from the Bank of England (BoE) makes it clear that the credibility of the Monetary Policy Committee (MPC) has been undermined further. The relatively sharp upward revision to CPI inflation forecasts out to the third quarter of 2013 is now rather more realistic, but that realism is tainted by the scepticism [...]
Mervyn King says the Jubilee break will hit GDP. Should we have fewer bank holidays? May 16, 2012 YES Eamonn Butler The main trouble with bank holidays is that you spend them sitting in the same traffic jam as everyone else. Why can’t we stagger our holidays and take them when we choose, instead of when politicians deem fit? Legally, UK workers don’t have an automatic right to paid leave on public holidays, [...]
RAPID RESPONSES May 16, 2012 Success isn’t bought [Re: Do we need rules to stop football teams from buying success, Tuesday] Success can’t be bought, success can only be achieved through diligence and proper planning. Money in football only gives competitive advantage, it does not by itself lead to a favourable outcome. A financial fair play rule would not offer [...]
Make your iPhone do the hard work for you May 16, 2012 STOCKWATCH Platform: iOS Cost: 69p Track your investment portfolio on the go. This app will let you track unlimited stocks and pick your favourite ones to keep a close eye on. It draws detailed, up to date information from more than 50 exchanges across the world. It also comes with an extra security lock to [...]
THINK OF ALL THAT TIME YOU’VE SAVED… May 16, 2012 Tiny Wings | 69p | iOS Have a few minutes to spare? Then try playing Tiny Wings. The game is incredibly simple: press the screen to make your flightless bird charge down cliffs. Insanely addicitve: don’t play it on the circle line, you’ll be going round all day. Minecraft | £4.99 | iOS and Android [...]
Mellow yellow: adding warmth to chilly spring May 16, 2012 Mango scarf print dress, £34.99, mango.com Ultra-chic, this belted dress manages to evoke the golden hue of summer while keeping a solid work-worthy respectability. The mosaic is very on trend. Massimo Polomba Ella Narcissus yellow tote, £350, asos.com Hand-crafted in Italy, this gorgeous tote will carry your life in it easily – without looking sloppy. [...]
GREEKS FORCED BACK TO POLLS May 15, 2012 MARKETS collapsed again yesterday after Greece announced that new elections will take place next month, raising the spectre of the country rejecting its bailout and being forced to leave the Eurozone. Stocks dropped across Europe, and struggling Eurozone governments saw their borrowing costs jump sharply on the renewed uncertainty, while German bund yields fell to [...]
Car trade in first surplus since 1976 May 15, 2012 BRITAIN has posted its first quarterly trade surplus in cars since 1976 after cashing in on rising foreign demand for vehicles made in the UK. The value of car exports hit £6.1bn in the first quarter of the year, £561m ahead of the value of imports and up 20 per cent on the final three [...]
Dimon faces no pay revolt despite FBI probing loss May 15, 2012 JP MORGAN’S Jamie Dimon won the support of 91 per cent of shareholders for his pay package yesterday despite having presided over a $2bn (£1.25bn) trading loss from a botched hedging strategy. US regulators widened their investigation into the losses, with the FBI and Department of Justice now “looking into it”, according to the FBI, [...]
