FTSE 100 treads water as investors sit on their hands August 16, 2012 UK equities steadied near four-month highs yesterday and technical resistance levels kept a lid on gains with investors unwilling to push the market further pending harder evidence that policymakers will deliver more long-awaited stimulus. The benchmark FTSE 100 index closed flat at 5,834.51 , around 50 points below an intra-day peak hit on Tuesday. Volumes [...]
S&P surges to 4-month high boosted by Cisco August 16, 2012 THE S&P 500 closed at its highest in more than four months yesterday on signs of German support for the European Central Bank’s effort to fight the region’s debt crisis, and as Cisco Systems led gains in the tech sector after a dividend hike. The Dow Jones industrial average rose 85.33 points, or 0.65 per [...]
HMRC accused of recruiting a child tax army August 16, 2012 OFFICIALLY, the aim of the HM Revenue and Customs “tax matters” campaign is to make children grow into better citizens, teaching them the basics of the tax system and the purpose behind it, as well as a greater sense of civic responsibility. It even covers the basics of how to pay tax and national insurance [...]
City Wenlock up for auction from today August 16, 2012 LOTS are going fast in the Mayor’s Fund for London auction of Olympic memorabilia, supported by City A.M., but as of this morning there’s a brand new piece of history on offer. Visit www.mayorsfundforlondon.org.uk to bid on City Wenlock – a mascot close to our hearts with his bowler hat, pinstripe suit and smartphone. Signed [...]
Boris needs to be innovative to get the private sector building houses August 16, 2012 THE Mayor of London owns 530 hectares of land and is the largest public landowner in London. He is responsible, with the London Boroughs, for addressing the needs of the 350,000 Londoners on the housing waiting list, for planning for the future housing needs for the capital, and for a budget of around £3bn to [...]
The Manchester medal factory: Be grateful for this strange cluster of genius August 16, 2012 THE Manchester velodrome is a medal factory. It won as many golds in this summer’s Olympics as the whole of Australia. As well as a cause for national celebration, that’s a problem. Because the truth is, we don’t know enough about why. Genius clusters. Renaissance Florence. Elizabethan London. The Scottish Enlightenment. Extraordinary individual achievements, sporting [...]
Football can teach businesses plenty of useful strategy August 16, 2012 ONCE again, the transfer season for the big five European leagues – in England, Germany, Spain, France and Italy – has seen top players move club for incredible sums. But the evidence shows that not all transfers benefit the buying club. And this not only raises interesting questions for football, but some that can also [...]
After A-level results came out yesterday, is a degree always the best route to success? August 16, 2012 YES Wendy Piatt In tough economic times, a good degree remains a smart investment. Most graduates earn a six-figure premium over those with two A-levels, and Russell Group graduates typically receive a 10 per cent top-up over those from other universities. Our students work with world-class experts, use first-rate facilities, are part of a highly [...]
Rapid Responses August 16, 2012 Smokers’ choice [Re: As Australia confirms a law banning branded tobacco packaging, should the UK follow suit?, yesterday] Both contributors focus on whether children are swayed by cigarette packets. But this ignores the fact that this policy is essentially the infantilisation of adults. All adults know the dangers of smoking, yet many choose to do [...]
How to enjoy the sun while it lasts August 16, 2012 Film 4 Summer Screen Somerset House £10; Until 25 August Set in the jaw-droppingly beautiful Edmond J Safra fountain court, this is the ideal way to spend a summer evening in London. Likewise, if you enjoy open-air cinema then this is the destination for you. Classics including Hitchcock’s menacing The Birds will be showing on [...]
