Bank of England holds interest rates at 0.5 per cent as inflation forecasts are pushed back October 8, 2015 Rate-setter Ian McCafferty failed to persuade any of his colleagues to join him in voting to lift official interest rates from their record lows this month as the Bank of England’s monetary policy committee (MPC) pushed back its inflation forecast. The MPC – which voted eight to one to hold rates – changed its tone [...]
As Fallon warns Russia is making the Syria situation more dangerous, should Britain be wading into the quagmire? October 7, 2015 Dr Alan Mendoza, executive director of The Henry Jackson Society, says Yes There is a strategic imperative for greater British involvement in Syria at this juncture. Our failure to confront President Bashar al-Assad two years ago, when he used chemical weapons in breach of international norms, has encouraged him to keep murdering civilians. Islamic State [...]
Chelsea slump down to Mourinho ruining his players, says Capello October 6, 2015 CHELSEA manager Jose Mourinho is paying the price for habitually “ruining” his players in the first 18 months of his tenure, according to former England coach Fabio Capello. Blues chiefs this week took the unusual step of issuing a public vote of confidence in Mourinho, who has led the team to just eight points from [...]
Oil prices edge back above the $50 per barrel mark October 6, 2015 Crude oil prices jumped above the $50 per barrel mark today, after a monthly energy report suggested supplies are set to fall in the UK and global markets. The US Energy Information Administration's short-term energy outlook said that oil demand from China and the emerging markets will grow, while non-OPEC supply stalls. Brent, the global benchmark [...]
Fabio Capello: Chelsea slump is down to Jose Mourinho’s habit of ruining his players October 6, 2015 Chelsea manager Jose Mourinho is paying the price for habitually “ruining” his players in the first 18 months of his tenure, according to former England coach Fabio Capello. Blues chiefs this week took the unusual step of issuing a public vote of confidence in Mourinho, who has led the team to just eight points from [...]
Foreign firms prey on British companies to exploit attractive investment environment October 6, 2015 Foreign firms have had UK companies in their sights this year as the robust British economy presents them with rare opportunities for growth in a weaker global economy. The value of inbound merger and acquisition (M&A) deals – foreign firms taking over British ones – reached $191.8bn (£126.6) in the year to the end of [...]
An exhibition in London today turns Vladimir Putin into Batman, Gandhi and Pele, because why not October 6, 2015 Russian leader Vladimir Putin celebrates his 63rd birthday on 7 October and Hackney hipsters are hoping to celebrate with along him, after the opening of an exhibition which puts Putin right up there with Alexander the Great and Mahatma Gandhi as a “famous hero” of our time. The international exhibition, "Putin Universe" will be open in Moscow and [...]
Oil price rises after Russia says it’s mulling talks with Opec October 5, 2015 Brent crude posted its biggest intra-day gain in more than two weeks today amid comments from Russia over potential talks with Organization of Petroleum Exporting Countries (Opec) and non-Opec members. Russia's energy minister, Alexander Novak, said that the country was ready to take part in such a meeting to discuss the state of global markets. Russia [...]
Politics and markets: What risks do key upcoming elections pose? October 5, 2015 Far less of a close-run thing than most had expected, the Greek elections last month confounded predictions. Syriza, led by Alexis Tsipras, bagged 7 per cent more of the vote than conservative party New Democracy – with which it had been neck-andneck in opinion polls. Now, with a more centrist hard-left party at the helm, [...]
Putin will fail in Syria: The West must take a step back October 4, 2015 I feel as if we are in a time warp. To read right-wing commentators over the past few days, you would think the Cold War is back on – only this time we are losing. To hear them talk, we are living in a new age of Russian power. A triumphant Russia is calling the [...]