‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
CHOICE LIVES AMID THE ANTITHESIS July 13, 2010 MANAGING DIRECTOR, ARTEMIS MARKETS have recovered recently. But is this a sustainable rally – or a “dead cat bounce”? There are cogent arguments for both bull and bear. The former begins with the observation that the outlook for global economic growth remains good. Indeed, the IMF recently raised its forecast for global growth this year [...]
LIFE COACH July 7, 2010 LIVING in the city and working full time might not seem very compatible with dog owning, but it can be done. London’s myriad park spaces make this a better city for dog owning than most. However, if you think giving your dog a quick run around before you leave for work and then leaving it [...]
Battle of the broadcasters – BT vs SKY July 1, 2010 • BT yesterday attacked its major TV rival, offering Sky Sports 1 for as little as £6.99 a month • Sky pre-empted the BT move by hiking its wholesale prices, hitting the telecom firm hard IAN Livingstone, BT chief executive, could be staring down a £100m-a-year black hole after announcing a ground-breaking football package. The [...]
PM confirms public sector pensions cut June 23, 2010 THE PRIME Minister yesterday confirmed the pensions of existing public sector workers will be cut, as he defended the coalition Budget in a tetchy question and answer session with voters. Cameron said the bill for public sector pensions was too high and that schemes would become less favourable for existing members of staff as well [...]
Bosses taking a tougher line on late workers June 13, 2010 EMPLOYERS are taking a tougher line with staff because of the recession, with one in six prepared to sack somebody for being late just two or three times, a new survey has revealed. Twelve per cent of business leaders in the UK said they would show the door to a worker who was late four [...]
POLO IN THE PARK GETS CITY’S VOTE FOR BEST CORPORATE DAY OUT June 6, 2010 IT WAS off to Hurlingham Park in sunny south-west London at the weekend for an action-packed few days at the second annual Polo in the Park tournament. With the event extended this year from two days to three due to popular demand – and Friday earmarked as the official corporate hospitality day for the City [...]
Reinsurers transfer $2.4bn in risk June 1, 2010 Reinsurers transferred $2.35bn (£1.6bn) in catastrophe risk to capital markets before the US hurricane season that began yesterday, higher than the $1.4bn last year, as the catastrophe bond sector starts to resume normal issuance after the global financial crisis. The cat bond sector, in which insurers transfer risks linked to natural disasters to investors, is [...]
LIAM BYRNE BOMBS WITH TICKING MESSAGE TO TREASURY SUCCESSOR May 17, 2010 HOW poor old Liam Byrne must now be regretting his decision to leave his successor David Laws a sardonic little note of welcome in the office of the chief secretary to the Treasury. “Dear chief secretary,” the note read, “I’m afraid there is no money. Kind regards and good luck! Liam.” Within minutes of Laws [...]
BOULTON, CAMPBELL IN BUST UP OF THE YEAR May 10, 2010 IF ANY readers were holed up behind a desk yesterday evening without access to a television, it’s time to indulge yourselves with a quick internet search, pronto. Yesterday’s Sky News coverage of Gordon Brown’s resignation as Prime Minister contained one of the best live TV snippets in years, as the channel’s political editor Adam Boulton [...]
Choosing the most suitable card is not a zero-sum game May 6, 2010 WHEN Yorkshire Bank and Clydesdale Bank announced earlier this week their offer of 0 per cent interest on balance transfers for the first 16 months, it threw the cat among the pigeons. The two banks, both UK subsidiaries of National Australia Bank, leapt straight to the top of the best-buy comparison tables with the deal, [...]