Britain needs to concentrate on high-growth markets instead of emerging economies – EY November 9, 2015 Britain should concentrate less on the emerging economies and more on high-growth markets if it wants to increase its share of global exports, a report by financial services company EY says today. Launched to coincide with United Kingdom Trade & Investment’s (UKTI) export week, EY Item Club’s analysis draws research undertaken over the past three [...]
Best of the Brokers for 09 November 2015 November 8, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com S&P Capital has maintained its “sell” rating on Coca-Cola HBC, despite healthy volume growth of 5.4 per cent reported in its third-quarter results. Negative currency impact led to a revenue decline in the third quarter year-on-year. Weakness in Russia has been noted as [...]
Alan Pardew urges Crystal Palace to use Liverpool win as springboard after Scott Dann’s late header ends Jurgen Klopp’s Anfield honeymoon November 8, 2015 Liverpool 1, Crystal Palace 2 Crystal Palace manager Alan Pardew urged his team to draw belief from their latest notable scalp after the Eagles brought an abrupt end to Jurgen Klopp’s Liverpool honeymoon. Defender Scott Dann’s 81st-minute header lifted Palace to seventh in the Premier League, two points off the top four, after Reds midfielder [...]
World Cup 2018 vote: FA writes to Fifa to demand answers over Sepp Blatter comments regarding World Cup in Russia November 7, 2015 The FA has demanded Fifa explain Sepp Blatter's suggestion that the decision to award the 2018 World Cup to Russia was made before voting took place. The FA spent £21m on a bid to host the same tournament but in the initial round of voting only received two votes to Russia's nine. English football's governing [...]
Bank of England lowers UK growth outlook to 2.7 per cent as MPC votes 8-1 to hold interest rates November 5, 2015 The Bank of England's monetary policy committee (MPC) lowered their UK growth outlook to 2.7 per cent from 2.8 per cent today, as its more hawkish members failed to be convinced of the merits of a rate rise. Although some economists had expected Kristin Forbes or Martin Weale to join the ayes, Ian McCafferty was left alone voting to [...]
Vladimir Putin tops Forbes’ list of the most powerful people in the world again, beating the Pope, Barack Obama, Xi Jinping, David Cameron and Bill Gates November 4, 2015 Russia's president Vladimr Putin has done it again, and topped Forbes' Most Powerful People List for 2015. It's his third year at the top of the table. He's ahead of Angela Merkel, the German Chancellor who's second (and one of only nine women on the list), having jumped three places, while Obama has fallen from number two to [...]
As the Foreign Affairs Committee warns against air strikes, would UK military action in Syria simply be irrelevant? November 3, 2015 Professor Michael Kerr, the director of the Middle East & Mediterranean studies programme and the Centre for the Study of Divided Societies at King’s, says Yes There is no obvious benefit to UK military intervention at this time; bombing Syria will not significantly alter the balance of power between its warring factions. In the absence [...]
World Wealth: Britain crowned fifth richest country in the world behind US, China, Japan and Germany November 3, 2015 The UK has been crowned the world’s fifth richest country in the world in a new report that measures the total wealth amassed by each country’s individuals. Britain’s population holds $9.24 trillion (£6.01 trillion) in private wealth, surpassing France, Italy, Canada and Australia. This is despite its relatively small population compared with countries such as Germany, [...]
Central banks and quantitative easing: Await the festive fireworks November 3, 2015 Halloween is over and winter is fast approaching. The nights are drawing in and the weather is getting colder. In the UK this week, the streets and skies will also be alight with firework displays for Bonfire Night. Next week, India will be doing something similar for its Deepavali celebrations. But this year, the real [...]
Venezuelan economy in worst state since 1940 – Capital Economics November 2, 2015 A lack of official economic data coming out of Venezuela has not stopped experts at Capital Economics from trying to quantify the crisis. The Capital Economics Venezuelan GDP Tracker has found the collapse in oil price as over the last 12 months has meant output is now contracting by close to 10 per cent year-on-year. [...]