Fed to decide on rates policy – New York Report April 26, 2015 THE US Federal Reserve is to meet for two days this week in order to discuss possible changes to its monetary policy. The outcome of the meeting is due on Wednesday. It seems likely that the Fed will be forced to wait until later this year before raising rates from record lows. Wages and inflation [...]
In pictures: Flats at Canary Wharf’s Wood Wharf and Newfoundland neighbourhood open for registration today April 22, 2015 Fed up with your daily commute? Canary Wharf has a solution: it's just put 3,200 homes on sale, around the corner from its office development. Alright, so they're not actually built yet – but good things come to those who wait…. The flats are part of Canary Wharf's first expansion since the beginning of the [...]
Milifandom Twitter storm: What is it, who started, is it the new Cleggmania April 22, 2015 Ed Miliband has taken a lot of stick over the last five years for not being the most charismatic of political leaders. But the wonders of social media have allowed Ed's fans to amplify their voice and express their devotion without being spun by the gatekeepers of old media. Twitter has exploded with a host [...]
Milifandom Twitter storm: What is it, who started, is it the new Cleggmania TEST April 22, 2015 Ed Miliband has taken a lot of stick over the last five years for not being the most charismatic of political leaders. But the wonders of social media have allowed Ed's fans to amplify their voice and express their devotion without being spun by the gatekeepers of old media. Twitter has exploded with a host [...]
London is the world’s third most expensive city for dating April 22, 2015 Anyone who is fed up of paying through the nose for a date in London's expensive bars and restaurants will be envious of cities such as Mumbai where a cheap date typically costs just $24.70 (£16.53), according to new research. That's about the same as an adult zones 1-6 day travel card, a ticket for Vue [...]
Greece may not default – but still be insolvent – CNBC Comment April 20, 2015 How important is Greece to Europe? The real answer is that nobody really knows. But time doesn’t stand still, and we are now moving closer to some very real debt repayment deadlines. Athanasios Orphanides, former member of the European Central Bank (ECB) Governing Council, told me last week that he thinks the ECB is in [...]
Investment firm Citadel snags Ben Bernanke April 16, 2015 FORMER US Fed chairman Ben Bernanke has been lured to a role for Citadel in his first commercial role since leaving the Fed in January 2014. Bernanke will keep his role at the Brookings Economic Studies Program while he advises Citadel on monetary policy, financial market and global market developments.
Ballance tips Test towards England win April 16, 2015 BATSMAN Gary Ballance celebrated a century that made up in value what it lacked in fluency after steering England towards probable victory in the first Test against the West Indies last night. Ballance’s resilient 122 helped the tourists to a second-innings tally of 333-7 declared and ultimately a lead of 339 at the end of [...]
Ex-Federal Reserve chief Ben Bernanke is joining hedge fund Citadel April 16, 2015 During his time as chief of the world's most powerful central bank, Ben Bernanke helped steer the United States economy away from financial Armageddon. He threw the country's investment banks a much needed life-line, enacted an enormous direct stimulus package and large-scale monetary stimulus. Fast forward to today and Bernanke has been taking it a little easier [...]
This pro-immigration group has launched a nationwide poster campaign April 9, 2015 If you're fed up with the anti-immigration rhetoric surrounding this year's General Election … (ahem, Ukip) then here's a group that's actually doing something about it. The Joint Council for the Welfare of Immigrants (JCWI), which consistently campaigns against discrimination, is spending £44,000 on posters highlighting the importance of immigrants to British society. "The poster campaign [...]