Four simple policies to support the City September 19, 2011 IT’S the start of party conference season, and new policy ideas have already begun to pour out. As politicians from every side offer their proposals, here are four simple things the government should do to support the City. Europe is a major issue facing us as we move forward. With 90 per cent of regulation [...]
Four simple policies to support the City September 19, 2011 IT’S the start of party conference season, and new policy ideas have already begun to pour out. As politicians from every side offer their proposals, here are four simple things the government should do to support the City. Europe is a major issue facing us as we move forward. With 90 per cent of regulation [...]
Lib Dems: cuts are necessary September 19, 2011 DEFICIT-CUTTING policies were defended in yesterday’s speeches at the Lib Dem party conference. Labour left the country with a “dangerous, unstable” level of state borrowing, said Vince Cable, and trimming that is “unavoidable if our country and party are to be taken seriously.” Nick Clegg too warned that markets are demanding action on the deficit. [...]
Lib Dems: cuts are necessary September 19, 2011 DEFICIT-CUTTING policies were defended in yesterday’s speeches at the Lib Dem party conference. Labour left the country with a “dangerous, unstable” level of state borrowing, said Vince Cable, and trimming that is “unavoidable if our country and party are to be taken seriously.” Nick Clegg too warned that markets are demanding action on the deficit. [...]
US new home sales fall to six-month low September 26, 2011 New single-family home sales in the US fell to a six-month low in August in a sign the crippled housing market will not provide much support for the flagging economy any time soon. The US Commerce Department said sales slipped 2.3 per cent to a seasonally adjusted 295,000-unit annual rate. The reading was in line [...]
Global markets hammered by US and China gloom September 22, 2011 The FTSE 100 plunged on opening today as a bleak view of the US economy from the Fed and fears over a slowdown in China – a key engine room in the global economy – took their toll. London tracked hefty falls on Wall Street and in Asia with the Hang Seng in Hong Kong [...]
Businesses cheer tax relief scheme August 11, 2011 BUSINESS groups yesterday welcomed the government’s plans to support retailers affected by the UK riots, after a programme of tax relief and cash grants was announced by Prime Minister David Cameron yesterday. As part of the rescue package, riot-hit businesses will be given relief from business rates and allowed to delay tax payments. They will [...]
Merkel gets bailout relief August 31, 2011 GERMAN Chancellor Angela Merkel won vital backing from her cabinet for changes to the Eurozone’s main bailout fund yesterday, prompting a short relief rally in the euro. The proposed changes to the European Financial Stability Facility (EFSF) must now go to Germany’s lower house for ratification on 29 September, where Merkel is expected to face [...]
Bernanke fails to rule out QE3 October 4, 2011 IN A testimony to the US Congress yesterday, Federal Reserve chairman, Ben Bernanke largely rehashed language used in recent speeches, such as his address at the Jackson Hole symposium in August and his speech to the Economic Club of Minnesota on 8 September. However, forex market reactions leaned more on what the Fed chairman didn’t [...]
WHAT CAN THE POLICE DO TO RESTORE ORDER? August 9, 2011 Q.CAN MORE PEOPLE COMMITTING CRIMINAL ACTS BE DETAINED? A.For every arrest made, the police have to follow certain procedures, including presenting the detainee at a police station and justifying the arrest – taking officers off the street for several hours. The government can suspend procedures to keep officers active, but will be reluctant to be [...]