CITY VIEWS: WHAT DO YOU THINK OF THIS YEAR’S BUDGET? March 24, 2010 CRAIG BENNETT | PGI GROUP “The stamp duty is definitely a good idea for new starters. The 3p fuel rise on the cost of our already increasing bills isn’t very good. Why should we be taxed more if we earn more? I don’t think that is correct at all.” DAVID THORNBERRY | CHRISTCHURCH INVESTMENT MANAGEMENT [...]
Budget fails to boost market as FTSE 100 treads water March 24, 2010 BRITAIN’S top shares added 0.1 per cent yesterday as strength in miners and banks was balanced out by weakness in energy issues, with little overall impact from a Budget that contained few surprises. At the close, the FTSE 100 was up 4.25 points at 5,677.88, having hit a fresh 21-month intra-day peak at 5,698.87 early [...]
Sovereign debt hits Wall St sentiment March 24, 2010 AMERICAN stocks fell yesterday as Portugal’s credit rating downgrade and a weak Treasury note auction stirred concerns about sovereign debt. Major indexes eased a day after hitting 18-month highs, with losses across most sectors on light volume. Worries centered on countries’ ability to pay their debt, bolstering the dollar and hurting commodity-related stocks. Portugal’s rating [...]
How to make the most from the UK’s weak fiscal position March 24, 2010 CHANCELLOR Alistair Darling may have received jeers from the opposition while he delivered his Budget yesterday, but one thing all of the UK’s political parties agree on is that the projected £167bn budget deficit needs to be reduced. While the proposed timing of the deficit reduction differs between the parties, public spending will get the [...]
LISTED PRODUCT NEWS March 24, 2010 RBS FLIES BA WARRANTS You can now trade covered warrants on British Airways (BA) and Citigroup with Royal Bank of Scotland. Both put and call warrants are available and for those with long investment horizons, the expiry dates – some as far-out as June next year – should be welcome news. It may also take [...]
Five-star Blues back on song March 24, 2010 PORTSMOUTH V/S CHELSEA RAMPANT Chelsea answered their critics with an impressive five-goal blitz of luckless Portsmouth to haul themselves right back into the title race. Two goals apiece from Didier Drogba and Florent Malouda, plus a late fifth from Frank Lampard, ensured the Blues made a welcome return to winning ways and climb back to [...]
Harry’s magic takes Spurs to Wembley March 24, 2010 TOTTENHAM V/S FULHAM HARRY REDKNAPP weaved his magic to earn Tottenham a trip to Wembley for a third straight season. The Spurs chief looked dejected after a disappointing opening half saw Fulham take a deserved lead through Bobby Zamora. But he responded by introducing David Bentley, who in turn levelled the scores with a curling [...]
Mancini and Moyes clash at Eastlands March 24, 2010 RIVAL bosses Roberto Mancini and David Moyes were both sent off amid an ugly touchline melee as Everton dented Manchester City’s hopes of a Champions League place with an impressive victory at Eastlands. The managers clashed after Mancini raced to retrieve the ball and clattered into the Toffees chief, prompting tempers to fray and referee [...]
West Ham should keep faith March 24, 2010 THE KNIVES are out for Gianfranco Zola but I think West Ham should stick with him and his assistant Steve Clarke – even if the Hammers do get relegated. Clearly, however, there is something going wrong at Upton Park. One of the problems, I think, is that West Ham don’t really see themselves as relegation [...]
Monye calm over Ashton threat to his England spot March 24, 2010 ENGLAND wing Ugo Monye had hoped to play a starring role in last weekend’s Six Nations showdown with France; instead he was reduced to watching it on television in a south-west London pub. The head injury that contributed to Monye’s absence paved the way for Chris Ashton to make his debut, and the young Northampton [...]
