Here’s how the emails you send at work could betray you February 18, 2014 Plenty of us take time umming and ahing over how to phrase something in an email. But it may not surprise you to know that changes you make consciously are by no means the whole story. A paper, led by professor Paul Taylor of Lancaster University, looked at how changes in language choice in emails [...]
UK banks brace for tough new US capital rules February 17, 2014 BRITISH banks will be forced to move capital from their UK headquarters over to their US arms, under plans to be voted on today by the Federal Reserve. The result is likely to be higher costs for British and European banks operating in the US, which could reduce the viability of some of their less [...]
What you need to know before the US open – 17/02 February 17, 2014 The dollar’s dropped to six-week lows today, in the wake of weaker-than-expected US data. The fall in January manufacturing output, out last Friday, has seen some investors re-assess their expectations for the speed at which the Fed will taper. It edged up against the yen after data showed the Japanese economy grew just 0.3 per [...]
Major rail firms fail to impress UK commuters February 17, 2014 FED-UP passengers have hit out at delays, fare rises and cramped carriages in a national poll that found most rail companies are keeping less than half of their customers happy. Around 16 per cent of passengers suffered delays on their last journey, rising to 26 per cent for commuters, while one in five people travelling [...]
Wall St The Week Ahead: US economy in focus as the Fed reveals minutes February 16, 2014 WITH economic data being shovelled aside like snow and earnings season winding down, US stock investors could zero in this week on the Fed’s view of the economy and technical analysis charts as the S&P 500 nears its record high. The Fed writes the script for Wall Street. The minutes of the Federal Reserve’s most [...]
The Scottish nationalists aren’t credible on keeping sterling February 14, 2014 THE gloves are finally off. The London political establishment’s message to Scotland is clear: stay in the UK, or lose the pound. The nationalists are in deep trouble on this question, but as ever the argument is more complex than both sides might imagine.Is the Scottish National Party (SNP) right that it could keep sterling, [...]
The Scottish nationalists aren’t credible on keeping sterling February 13, 2014 THE gloves are finally off. The London political establishment’s message to Scotland is clear: stay in the UK, or lose the pound. The nationalists are in deep trouble on this question, but as ever the argument is more complex than both sides might imagine. Is the Scottish National Party (SNP) right that it could keep [...]
There is a real chance Carney’s high stakes bet will end in tears February 13, 2014 LET’S face it: monetary policy in the UK has become much harder to understand, in no small part because of Mark Carney’s botched forward guidance. Starting in the 1990s, and until the recession, most people, when asked what the Bank of England was trying to do, would have replied that it was seeking to control [...]
There is a real chance Carney’s high stakes bet will end in tears February 12, 2014 LET’S face it: monetary policy in the UK has become much harder to understand, in no small part because of Mark Carney’s botched forward guidance. Starting in the 1990s, and until the recession, most people, when asked what the Bank of England was trying to do, would have replied that it was seeking to control [...]
Bank of England sees unemployment falling below threshold – but sees scope to keep rates on hold February 12, 2014 Mark Carney was always going to have to pull something out of the bag this morning. The Bank of England governor has been wedged between two forces as the Inflation Report is released. Having introduced forward guidance, in an attempt to give direction over the path of future policy, the sudden and unexpected fall in [...]