Spain’s borrowing costs drop January 12, 2012 Spain’s borrowing costs fell at an auction of government bonds on Thursday that saw solid demand in 2012’s first real test of appetite for debt from the euro zone’s bruised periphery. But Spain still faces huge challenges this year to meet tough European deficit targets after the government missed its 2011 cost-cutting goal and the [...]
Spain’s borrowing costs drop January 12, 2012 Spain’s borrowing costs fell at an auction of government bonds on Thursday that saw solid demand in 2012’s first real test of appetite for debt from the euro zone’s bruised periphery. But Spain still faces huge challenges this year to meet tough European deficit targets after the government missed its 2011 cost-cutting goal and the [...]
Trade deficit widens more than expected in November January 11, 2012 Goods trade deficit widened more than expected in November, unwinding the previous month’s record narrowing as exports fell and imports of o widened more than expected in November, unwinding the previous month’s record narrowing as exports fell and imports of oil and chemicals rose to record highs, official data showed. The Office for National Statistics [...]
The mayoral debate: Boris and Ken issue their final message to voters April 30, 2012 THIS election comes when we have been going through the toughest times that anyone can remember. The big question is therefore blindingly simple. It is about who has the best plan for the jobs and growth that will help bring prosperity to all. It is about who will deliver the investment – from central government [...]
Cook’s England ready to face a new trial by spin February 12, 2012 Skipper insists harsh lessons have been learnt from their recent nightmares on the subcontinent but Pakistan will look to exploit some familiar failings ALMOST exactly a year on from their torrid World Cup campaign the relatively recent change of captaincy and minor reshuffle in personnel has up until now given England’s one-day set-up merely an [...]
Trade deficit narrows as exports hit record high December 9, 2011 Britain’s trade deficit narrowed at its fastest pace since records began in October, as the value of exports hit a record high, official data showed. The figures provide a glimmer of hope for Britain’s flagging economy, but are unlikely to alter expectations that the Bank of England will have to inject more stimulus to support [...]
Service sector slumps December 23, 2011 Activity in the dominant services sector slumped in October at the fastest pace since April, data showed, pointing to contraction of the economy in the final quarter and highlighting the danger of recession. The seasonally adjusted index of services dropped by 0.7 per cent in October compared to the previous month, taking the three-monthly rate [...]
Unemployment rises in Europe but US manages to add jobs December 13, 2011 JOBLESSNESS rose again across Europe in October but fell in the US, according to figures out yesterday from the 34-nation Organisation for Economic Cooperation and Development. The developing crisis pushed up Eurozone unemployment from 10.2 per cent to 10.3 per cent on the month, up 0.2 percentage points on the year. Spanish unemployment hit 22.8 [...]
Qataris and Luxembourg set to buy Dexia’s private bank December 20, 2011 QATAR and Luxembourg are to buy bailed-out Dexia’s private banking arm for €730m (£610.4m), less than analysts had estimated, as the Franco-Belgian group is broken up. Qatar’s al-Thani royal family will acquire 90 per cent of Banque Internationale Luxembourg (BIL) via their Precision Capital investment group, Dexia said yesterday. The deal follows Precision’s agreement in [...]
Qataris and Luxembourg set to buy Dexia’s private bank December 20, 2011 QATAR and Luxembourg are to buy bailed-out Dexia’s private banking arm for €730m (£610.4m), less than analysts had estimated, as the Franco-Belgian group is broken up. Qatar’s al-Thani royal family will acquire 90 per cent of Banque Internationale Luxembourg (BIL) via their Precision Capital investment group, Dexia said yesterday. The deal follows Precision’s agreement in [...]