Worst day in eight weeks for Wall St July 27, 2011 WALL Street suffered its worst day in eight weeks yesterday, hit by weak earnings, lacklustre economic data and no movement in Washington talks as the deadline for a US default looms. The Dow Jones industrial average was down 198.75 points, or 1.59 per cent, at 12,302.55. The Standard & Poor’s 500 Index was down 27.05 [...]
Taking a gamble on your child’s character July 27, 2011 FOR those looking to save for their children, the slow drip-feed of information on the new Junior Isa (Jisa) has been frustrating. With yesterday’s update, we are a step closer to getting the final details – although questions remain, particularly in how child trust funds (CTF) will fit in with the new regime. But one [...]
Three ways to lower capital gains tax bills July 27, 2011 CAPITAL gains tax (CGT) soon adds up. Upon exceeding your allowance of £10,600, you will be charged either 18 per cent if a basic rate taxpayer, or 28 per cent CGT if a higher or additional rate taxpayer. There are a number of ways in which you can mitigate the pain from this second and [...]
High-speed changes to FX trading July 27, 2011 ELECTRONIC trading is not a new development. Nasdaq, the first electronic exchange, is more than 40 years old. But advancing technology has slashed latency. On the NYSE, 10 years ago an order took 20 seconds to execute a trade, now it takes one. “High-frequency trading (HFT) is a natural result of the technological developments we [...]
Actuaries count on career satisfaction July 27, 2011 SENIOR ACTUARIAL PARTNER, MAZARS THE idea of becoming an actuary will fill some people with horror, but believe it or not there are many benefits to the profession. For those unaccustomed to the profession, actuaries are people who use financial models to access the financial impact of risk and uncertainty. The work can bring travel, [...]
CAREERS NEWS | IN BRIEF July 27, 2011 RECORD GRADUATE DEMAND Demand for graduate positions and work experience are at a record high, says Ernst & Young (E&Y). Graduate applications at E&Y were up almost a third this year. This is in keeping with the results of the biannual survey from the Association of Graduate Recruiters. That shows the number of applications for [...]
Insider Google story feels all too familiar July 27, 2011 I’M FEELING LUCKY: THE CONFESSIONS OF GOOGLE EMPLOYEE NUMBER 59 BY ZOE STRIMPEL Allan Lane, £20 hhhii DOUGLAS Edwards’ take on the Google story isn’t your average account of the rise and rise of the internet giant. We know this because he is at pains to tell us. I’m Feeling Lucky, he says, is an insider’s [...]
Holiday hell: no Blackberry July 27, 2011 SOLVING YOUR LOVE & LIFE PROBLEMS DEAR VEXED: My wife has banned me from using my Blackberry while we’re away for our August holiday. That’s three weeks. She claims my addiction to it is ruining our family; yet the idea of being unconnected for that long terrifies me. Help! Mark, 34, fund manager YOU are [...]
BEACH READS | WHERE QUALITY MEETS RELAXATION July 27, 2011 You by Sleep With Me author Joanna Briscoe is an addictive novel about a teenager, Celia, a student in the 1970s at a Bohemian school in Dartmoor. James Dahl is her attractive English teacher and tensions rise to breaking point as Celia’s mother finds herself drawn to Dahl’s intriguing wife. The Booker Prize longlist has [...]
Small cameras for snap-happy holiday makers July 27, 2011 LEICA V-LUX 30 German brand Leica is known for its high-spec, ever-so-groovy cameras, and the new V-Lux 30 is a case in point. Sleek and compact, it’s got an impressive 16x zoom, touch-screen controls, GPS tagging can create 3D photos and records video in HD. £550 www.leica-camera.co.uk NIKON COOLPIX P7000 Launched last autumn, Nikon’s smart [...]
