Why the euphoria was not justified October 27, 2011 MARKETS are hugely preferable to central planning – but sometimes capitalism’s finest get it spectacularly wrong. Yesterday’s deluded jump in stock prices – the FTSE is now back up to 5,713.82 – was a gross over-reaction to the Eurozone’s deal. A sigh of relief that the outcome wasn’t worse would have been understandable; but there [...]
Why the euphoria was not justified October 27, 2011 MARKETS are hugely preferable to central planning – but sometimes capitalism’s finest get it spectacularly wrong. Yesterday’s deluded jump in stock prices – the FTSE is now back up to 5,713.82 – was a gross over-reaction to the Eurozone’s deal. A sigh of relief that the outcome wasn’t worse would have been understandable; but there [...]
WHAT THE OTHER PAPERS SAY THIS MORNING October 31, 2011 FINANCIAL TIMES SHARE PRICE VOLATILITY CARRIES A HEART RISK FOR MARKET WATCHERS Sharp moves in stock markets are closely correlated with a rise in heart attacks, according to a new analysis of studies in the US and China. Two recent academic articles have found a link between equity trends and coronary heart disease, suggesting that [...]
Olympic preparations boosted by major reduction in building costs July 19, 2011 WITH just a year to go before the London Olympics encouraging new figures reveal that the anticipated final cost of the Olympic Delivery Authority’s construction programme has fallen to £7.25bn and is likely to come in £850m under budget. Sports and Olympics minister Hugh Robertson claimed the figure, a £16m reduction on the previous quarter, showed [...]
The captain of industry who says the UK needs to be more like Asia November 20, 2011 FROM the CBI’s offices on the second floor of the Centre Point tower, you get a great view of the construction site that will eventually become the Tottenham Court Road Crossrail station. It is fitting that the CBI, which was one of the railway’s biggest supporters, is so close to the action, and a reminder [...]
Mitie sees order book hit record levels August 15, 2011 Construction and outsourcing firm Mitie said its financial year had started well with profit and revenues in line with expectations and that it was extremely positive about the outlook thanks to a record order book. Mitie, which provides services from cleaning to engineering, said on Monday it had made significant progress in each of its [...]
Mitie upbeat on order book August 15, 2011 CONSTRUCTION and outsourcing firm Mitie said its financial year had started well, with profit and revenues in line with expectations, and said a record order book means it is extremely positive about the outlook. Mitie, which provides services from cleaning to engineering, said yesterday it had made significant progress in each of its key target [...]
A chance to build Britain’s answer to Luxembourg September 25, 2011 IT IS clear that one of the things the UK needs most right now is new jobs. Real, private sector jobs. And above all in the regions away from the southeast of England. This month, the ONS has reported the largest increase in unemployment in nearly two years, as the number of people unemployed in [...]
UK cuts dent Balfour gains August 17, 2011 BALFOUR Beatty, the UK’s largest construction company, said it expects markets to remain tough for the next two years as government cutbacks in the UK and US continue to weigh down on its operations. The group, whose projects include the refurbishment of London Blackfriars station and the aquatics centre for London’s 2012 Olympic Games, reported [...]
UK cuts dent Balfour gains August 17, 2011 BALFOUR Beatty, the UK’s largest construction company, said it expects markets to remain tough for the next two years as government cutbacks in the UK and US continue to weigh down on its operations. The group, whose projects include the refurbishment of London Blackfriars station and the aquatics centre for London’s 2012 Olympic Games, reported [...]