BoE Inflation Report set to widen debate November 7, 2010 THE Bank of England’s quarterly Inflation Report will be scrutinised particularly closely by the market for clues to the future direction of British monetary policy when it is published on Wednesday. The three-way split among the Monetary Policy Committee (MPC) members has created growing uncertainty about the timing and future direction of changes to interest [...]
WHAT WILL THIS WEEK’S INFLATION REPORT SIGNIFY? November 7, 2010 PETER DIXON | COMMERZBANK If the Bank’s growth forecasts are to be believed, the MPC ought logically to be more disposed towards the views of Andrew Sentance than Adam Posen, ie, raise interest rates. MICHAEL SAUNDERS | CITIGROUP Now that the policy rate is anchored close to zero, the release of the Inflation Report has [...]
Retail therapy addiction will hold up in 2011 November 7, 2010 BRITISH consumers are to continue spending unfazed in 2011, despite government cutbacks and higher taxes, according to research by auditing firm BDO. The firm’s Retail Forecasts 2011 report calls the UK consumer a “curious beast” unable to kick an “addiction to shopping” despite speculation about a double dip recession. The report uses a monthly high [...]
Rest of the world itches for a fight with US November 7, 2010 Get ready for a “Shellacking.” President Barack Obama’s one word description of the drubbing the Democrats suffered in last week’s mid-terms equally well describes what the rest of the world fears it will suffer as a result of QE2. In recent days, commentators have argued that gridlock in Congress will be good for business. It [...]
Bids are in for Carrefour’s southeast Asian assets November 7, 2010 TESCO and Singapore’s Dairy Farm are among those to submit second-round bids for French retailer Carrefour’s Southeast Asian assets, it emerged yesterday. Carrefour, the world’s second largest retailer, had set a November 5 deadline for second-round bids in an auction which is expected to fetch $1bn (£620m). The auction has generated strong interest, mostly from [...]
Gerrard rides to the rescue for Hodgson November 5, 2010 LIVERPOOL 3 vs NAPOLI 1 FOR the umpteenth time in his Liverpool career Steven Gerrard dragged his side out of a major hole, as his second-half hat-trick put Napoli to the sword at Anfield. Manager Roy Hodgson had intended to rest his skipper ahead of Sunday’s showdown with Premier League leaders Chelsea. But with the [...]
Collingwood won’t revel in Australia’s Ashes disarray November 5, 2010 ENGLAND’S Paul Collingwood admits enjoying seeing Australia toil in the run-up to the Ashes but is refusing to gloat just yet. The Aussies slipped to a sixth successive defeat in all formats on Wednesday to Sri Lanka and have had to deny suggestions of a rift between vice-captain Michael Clarke and batsman Mike Hussey. Yet, [...]
Sunday could be the day to take on Blues November 5, 2010 LIVERPOOL v/s CHELSEA SUNDAY, 4.00PM, SKY SPORTS THERE is only one point separating Blackburn and Wigan towards the bottom of the table and both clubs will be preparing themselves for another long, hard relegation struggle. This is far from the most exciting fixture of the weekend, but that doesn’t matter if a good bet can [...]
WESTWOOD SHOWS WHY HE’S NO1 November 5, 2010 GOLF: World No1 Lee Westwood is one shot off the pace after the first round of the HSBC Champions in Dubai. Westwood shot a six-under-par 66 and said: “It’s nice to go out there and show everyone why I got to this level. I putted really nicely.”
MASSA WILLING TO ASSIST ALONSO November 5, 2010 FORMULA ONE: Felipe Massa says he will help Ferrari team-mate Fernando Alonso win the title in Brazil on Sunday. Massa, driving in his home Grand Prix, said: “Taking points away from other drivers that are fighting for the title is important so I see myself [doing that].”
