WHAT THE OTHER PAPERS SAY THIS MORNING June 16, 2009 FINANCIAL TIMES NATIONAL EXPRESS IN DEBT TALKSNational Express is in talks with bankers to renegotiate terms on part of its £1.2bn debt amid fears that the bus and rail operator will breach loan conditions in December. The group is expected to pass a key test of whether it is meeting the terms of its debt [...]
Savvy homeowners considering whether to lock themselves into a fixed-rate loan May 14, 2009 WE all know that interest rates are at record lows levels, and that those with tracker mortgages are rubbing their hands in glee. Indeed, the Council of Mortgage Lenders said this week that mortgage costs are at their lowest since 2004. But it won’t last for ever. With some suggesting that the economy could start [...]
Savvy homeowners considering whether to lock themselves into a fixed-rate loan May 14, 2009 WE all know that interest rates are at record lows levels, and that those with tracker mortgages are rubbing their hands in glee. Indeed, the Council of Mortgage Lenders said this week that mortgage costs are at their lowest since 2004. But it won’t last for ever. With some suggesting that the economy could start [...]
The truth about the toughest MBA out there May 27, 2009 WHAT THEY TEACH YOU AT HARVARD BUSINESS SCHOOLBy Philip Delves BroughtonVIKING, £12.99 GRADUATES of the Harvard MBA programme run the World Bank, the American Treasury, General Electric, Goldman Sachs and Procter & Gamble. According to Philip Delves Broughton, they control “the hours we work, the vacations we get, the culture we consume, the health care we [...]
The truth about the toughest MBA out there May 27, 2009 WHAT THEY TEACH YOU AT HARVARD BUSINESS SCHOOLBy Philip Delves BroughtonVIKING, £12.99 GRADUATES of the Harvard MBA programme run the World Bank, the American Treasury, General Electric, Goldman Sachs and Procter & Gamble. According to Philip Delves Broughton, they control “the hours we work, the vacations we get, the culture we consume, the health care we [...]
Tesco buys out RBS in £950m deal July 29, 2008 Britain’s retail giant is to take full control of its Tesco Personal Finance joint venture Tesco, the retail giant that already dominates the grocery market, is accelerating its push into financial services with a £950m buyout of the 50 per cent it does not own of its financial services joint venture with RBS. The buyout [...]
Going short is not necessarily the answer September 2, 2008 A medium or long term approach may be wisest just now, says Katie Hope Its’ like a grim version of “when I were a lad…” working in the City at the moment. Everyone’s trying to out-do themselves in describing just how bad things have got. Going to school barefoot barely makes the grade in terms [...]
Don’t be spooked by inflation: there are ways to protect your portfolio August 15, 2008 Clever investors can protect themselves from the worst effects of rising prices, says Esther Shaw Figures out last week showed that inflation in the UK, as measured by the Consumer Price Index (CPI), jumped to 4.4 per cent in July, more than double the Government’s 2 per cent target. On other measures, the figure is [...]
Develop your tactics to win in hard times July 15, 2008 When the going gets tough, the tough stick to their trading strategies, says Katie Hope Everybody harbours a secret desire to be an investment legend. The so-called “Sage of Omaha” Warren Buffett, George Soros, whom it is obligatory to refer to as “the man who broke the Bank of England” and even fictional red-braced trader [...]
Severn Trent pays penalty for water leaks July 2, 2008 Severn Trent Water was fined £2m at the Old Bailey yesterday for lying about its water leakage rates. Earlier reports had suggested the fine for this unprecedented criminal case could top £70m. And the Serious Fraud Office (SFO), who brought the case against the water firm, had asked the court to make an example of [...]