ECONOMISTS’ VIEWS: HOW HIGH WILL INFLATION RISE? January 16, 2011 PHILIP SHAW | INVESTEC “There is a worrying inflation outlook in the UK. Our forecast is looking for a rise to 3.5 per cent for December, and it seems likely that inflation will exceed the four per cent level later this year.” HOWARD ARCHER | IHS GLOBAL INSIGHT “The data is expected to showthat annual [...]
ECONOMISTS’ VIEWS: HOW HIGH WILL INFLATION RISE? January 16, 2011 PHILIP SHAW | INVESTEC “There is a worrying inflation outlook in the UK. Our forecast is looking for a rise to 3.5 per cent for December, and it seems likely that inflation will exceed the four per cent level later this year.” HOWARD ARCHER | IHS GLOBAL INSIGHT “The data is expected to showthat annual [...]
BRIT MODEL PUTS HER FACE TO BIG RACE DAY January 27, 2011 Investec has announced that British supermodel Erin O’Connor will become the official face of the Investec Derby Festival in June, one of the most iconic social and sporting events of the summer. Her selection marks the first time in the race’s history that the honour has not been given to a horse racing celebrity. While [...]
Libya ceasefire soothes markets March 18, 2011 A ceasefire by Colonel Gaddafi’s forces in Libya has helped energy companies and spurred the markets on to a positive close, with the FTSE 100 closing 0.4 per cent up at 5,718.13. Political news dominated the day as G7 governments pulled together to support Japan’s efforts to stabilise its currency the yen. Central banks intervened [...]
1,256 SAFE DAYS FOR ALL AT BP’S LONDON HQ February 1, 2011 FULL steam ahead for the BP safety train. Following The Capitalist’s story two weeks ago about how the oil giant has been beefing up ‘elf ’n’ safety procedures in stairwell use, a source has sent in this picture (see right). Yes, that’s right, a count-down (or count-up) calendar from BP’s London HQ boasting of how many “safe [...]
Interest rates unchanged for 23rd month February 10, 2011 UK interest rates have been left unchanged again this month at the record 0.5 per cent level. The meeting of the Bank of England’s Monetary Policy Committee is likely to have been fraught and the vote close as the board’s opinion has been divided over how soon to raise rates. This is the 23rd consecutive [...]
Three ways to maximise your borrowing potential February 16, 2011 IT’S bonus season, and some high-earning City workers are likely to take advantage of the promise of rising top-end prices to snap up exclusive pads – provided they can get the necessary finance. The Centre for Economics and Business Research (CEBR) estimated earlier this year that bonuses would amount to £7bn. The final figure is [...]
FTSE hits a three-month low as Japanese disaster deepens March 14, 2011 THE FTSE 100 share index hit a fresh three-month closing low yesterday, with some sectors seen vulnerable to further falls as the extent of the damage in Japan after the earthquake and tsunamis becomes clearer. Luxury goods firms such as Burberry Group and insurers including Aviva and Catlin Group were among the top fallers as [...]
Economist views: what is your take on the state of public finances? December 21, 2010 PHILIP SHAW | INVESTEC Today’s figures are a reality check which help justify the extent of the government’s fiscal consolidation. ANDREW LILICO | POLICY EXCHANGE This may be a rogue month for results. But without deficit reductions, things can soon turn for the worse. SIMON WARD | HENDERSON It is troubling that we’ve had two [...]
ECONOMIST VIEWS: ARE YOU CONCERNED BY THE DOWNWARD REVISIONS? December 22, 2010 HOWARD ARCHER | IHS GLOBAL INSIGHT While disappointing, it does not fundamentally change the picture that economic activity held up well in the third quarter after robust growth in the second quarter. PHILIP SHAW | INVESTEC Well the broad picture remains the same, which is that GDP growth was impressively robust over the second quarter [...]