It’s the most open race for many a year August 4, 2010 MANAGERS will have one just word embedded in their minds when they open their Championship campaigns this weekend: Blackpool. Ian Holloway’s achievement in taking the Seasiders to the promised land on a shoestring budget and a team of grafters will certainly not have gone unnoticed among bosses of the so-called smaller sides in the second [...]
At a glance: All the crucial points from Osborne’s emergency Budget June 22, 2010 THE ECONOMY/PUBLIC FINANCES • The Office for Budget Responsibility (OBR) published fresh forecasts in light of the measures announced yesterday by chancellor George Osborne. • GDP growth will be 1.2 per cent in 2010, accelerating to 2.3 per cent in 2011, 2.8 per cent in 2012 and 2.9 per cent in 2013. The pace of [...]
Austerity won’t lead to a double-dip June 22, 2010 RESEARCH DIRECTOR, FOREX.COM JANE FOLEY The pivotal question in the run-up to yesterday’s emergency Budget was whether it would knock the economy into a double-dip recession. This debate had been raging for months – indeed, the Labour Party campaigned hard on the assertion that too much austerity too soon could tip the economy back into [...]
Chancellor to declare the winners and losers June 21, 2010 WITH tax rises and spending cuts expected in today’s Budget, many equity strategists are advising investors to steer clear of stocks heavily reliant on UK-based revenues. Instead, contracts for difference (CFD) traders should target equities with international and private sector exposure. The emergency Budget is likely to focus on tax rises instead of detailed spending [...]
WHAT THE OTHER PAPERS SAY THIS MORNING June 20, 2010 FINANCIAL TIMES JPMORGAN PUSHES ON WITH TALKS OVER BRAZILIAN HEDGE FUND JPMorgan Chase is pushing ahead with talks to buy a large Brazilian hedge fund and private equity group, in spite of impending US legislation designed to limit the involvement of commercial banks in such activities. People close to the situation said the US financial [...]
Tories best to tackle our fiscal crisis May 5, 2010 AT first sight, there are few similarities between Greece, a tiny and desperately mismanaged economy on the fringes of Europe, and Britain, one of the world’s largest economies – and for all the Labour party’s blunders and mismanagement, still an astonishingly prosperous country. Thanks to what turned out to be virtually the only good decision [...]
DEBAUCHED BISHOPS AND OPTIMISM April 27, 2010 DICK TURPIN MANAGING DIRECTOR, ARTEMIS CHARITABLE. That’s the only word for investors’ sentiment these days, as markets move on up. It all reminds me of the attitude of the historian Gregory of Tours towards Droctigisilus, the debauched Bishop of Soissons around 545 AD: “Although he was a voracious eater, and drank immoderately, no one ever [...]
Hertz drives forward with growth plan April 26, 2010 CAR rental group Hertz yesterday agreed to buy smaller rival Dollar Thrifty for about $1.2bn in a deal that will make it the second-biggest US car rental company. Shares of Hertz, which also raised its earnings and revenue outlooks for 2010, rose as much as 18 per cent to touch a two-year high after the [...]
Opportunities for growth in green Asia April 13, 2010 TAKE a trip around emerging Asia these days and you won’t just see skyscrapers and coal-fired power plants growing out of places where there were once nothing but fields. Wind turbines, solar energy plants, incinerator manufacturers, water treatment plants and microirrigation developments are just as likely to spring up before your eyes. There is now [...]
Mything in action March 31, 2010 Film CLASH OF THE TITANS Cert: 12A THE first action blockbuster of the Spring is no classic, but as forgettable, brain-dead holiday entertainment it just about gets the job done. Starring man-of-the-moment Sam Worthington (Avatar, Terminator Salvation) as Greek demi-god Perseus, it’s a remake of the 1981 film that was chiefly notable for its stop-motion [...]