Red Ed? Come off it: A pitch for the centre September 28, 2010 POLITICAL EDITOR’S ANALYSIS ED MILIBAND’S inaugural leaders’ speech will not be remembered for its rhetorical flair. There was none of the barrister’s flourish that characterised Tony Blair’s excellent performances. For all its talk of optimism, it lacked the hopeful oratory that Barack Obama offered the US electorate in 2008. When David Cameron gave his first [...]
Sick days cost UK plc £16.8bn June 6, 2010 PUBLIC sector workers took 43 per cent more sick days than their private sector colleagues last year, according to research out today. Workers in the public sector take an average of 8.3 days off sick per year, compared with 5.8 days per private sector employee, a survey by the Confederation of British Industry (CBI) and [...]
Sick days cost UK plc £16.8bn June 6, 2010 PUBLIC sector workers took 43 per cent more sick days than their private sector colleagues last year, according to research out today. Workers in the public sector take an average of 8.3 days off sick per year, compared with 5.8 days per private sector employee, a survey by the Confederation of British Industry (CBI) and [...]
Ex-Goldman banker tipped for HSBC September 7, 2010 FORMER Goldman Sachs investment banker John Thornton was yesterday touted as the most likely candidate to step into Stephen Green’s shoes, after the HSBC chairman accepted the role of trade and investment minister in the coalition government. Green is due to step down before the year is out to fill the last remaining vacancy in [...]
CBI: Subdued 2010 and rate rises in spring December 20, 2009 A SUBDUED 2010 lies ahead for the UK economy and, despite a brighter outlook for the following year, the economy will not have reached pre-recession levels until the end of 2011, the Confederation for British Industry (CBI) will say today. Annual GDP growth for 2010 will be 1.2 per cent, compared with the 0.9 per [...]
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 [...]
Spending Review Reaction October 20, 2010 THE GILTS EXPERT Killik & Co provides advisory services to private investors of all sizes. It offers advice on a wide range of financial matters, including CFDs, equities, fixed income markets and funds of funds INVESTMENT STRATEGIST PATRICK GORDON “The gilts market reaction has been fairly muted to the spending review although we did see [...]
FIRMS WELCOME the OBR June 14, 2010 Business leaders welcomed the inaugural forecasts from the Office of Budget Responsibility yesterday, saying that the independent but official forecaster would help restore trust in public statistics. Richard Lambert, director-general of employers’ organisation the CBI, said: “This report injects a welcome dose of credibility and transparency into the fiscal and economic growth projections. “The forecasts [...]
Exports boost UK’s factories May 17, 2010 MANUFACTURING data gave economists something to smile about yesterday as it emerged that UK factory orders delivered their strongest performance since mid-2008 in the month of May. The CBI’s monthly industrial trends survey showed that the total factory order book balance increased to –18 this month, up from –36 in April and beating expectations of [...]
Sterling’s time to shine July 27, 2010 STERLING might not have become the darling of the FX markets but it has certainly shed its image as their whipping boy. In what has been described as an ugly contest between the G4 currencies (US dollar, sterling, euro and yen), the pound is looking the rosiest. Last week’s GDP figures, which showed stunning growth [...]