We’re lying to ourselves on spending April 22, 2010 THERE was no clear winner from yesterday’s debates, in contrast to last week’s, when Nick Clegg triumphed. This time was very different: Gordon Brown did his best but failed to convince viewers, according to instant polls; Cameron fought back but didn’t manage to put in a game-changing, breakthrough performance. Clegg wasn’t as convincing as the [...]
Candys set to lose US deal February 22, 2010 THE Candy brothers have been dealt a fresh blow as their plans to develop luxury apartments in the Beverley Hills district of Los Angeles are set to be scrapped later this week. The eight-acre site was to be turned into 235 apartments, shops and restaurants. Instead it will be sold at auction on Thursday after [...]
Energy firms under cosh February 22, 2010 ED Miliband, Energy and Climate Change Secretary, has urged Britain’s largest energy companies to cut prices after Ofgem said they weren’t passing on reduced wholesale costs. So far British Gas is the only big six energy supplier to cut its household energy prices this year. Miliband said: “British Gas’s recent cut was a welcome first [...]
Opportunities for growth in green Asia April 13, 2010 TAKE a trip around emerging Asia these days and you won’t just see skyscrapers and coal-fired power plants growing out of places where there were once nothing but fields. Wind turbines, solar energy plants, incinerator manufacturers, water treatment plants and microirrigation developments are just as likely to spring up before your eyes. There is now [...]
GOLDMAN AND GORDON HAVE SEEN BETTER DAYS April 21, 2010 GORDON Brown’s savage attack on Goldman Sachs for being “morally bankrupt” must have come as a surprise to those who can recall a time when the Prime Minister’s attitude to the bank was rather different. BGC’s veteran market commentator David Buik yesterday reminisced about a fundraising gala dinner he attended years ago in aid of [...]
Three stop losses to protect profit September 5, 2010 THE markets are going through a volatile period, offering opportunity to spread betters, but also dangers. Traders should not be deterred by the risks but this is a good moment to revisit the tools that can help. Stop losses are an essential insurance policy, guarding against runaway losses if the market suddenly swings against you. [...]
Cam saves his skin in TV debate clash April 22, 2010 DAVID Cameron averted disaster last night by holding his own in the second televised leaders’ debate. The Tory leader was under immense pressure to up his game after delivering a lacklustre performance in last week’s debate, which was dominated by a strong showing from Liberal Democrat rival Nick Clegg. An instant YouGov poll for the [...]
BOULTON, CAMPBELL IN BUST UP OF THE YEAR May 10, 2010 IF ANY readers were holed up behind a desk yesterday evening without access to a television, it’s time to indulge yourselves with a quick internet search, pronto. Yesterday’s Sky News coverage of Gordon Brown’s resignation as Prime Minister contained one of the best live TV snippets in years, as the channel’s political editor Adam Boulton [...]
Climate body calls on UK to change tack October 12, 2009 BRITAIN needs a “step change” in its environmental policy to meet its own targets, the government’s chief climate change adviser said yesterday. Presenting its first annual report to parliament, the Committee on Climate Change (CCC) urged more aggressive intervention in the energy markets. To meet its own target of an 80 per cent reduction in [...]
At a glance: All the crucial points from Osborne’s emergency Budget June 22, 2010 THE ECONOMY/PUBLIC FINANCES • The Office for Budget Responsibility (OBR) published fresh forecasts in light of the measures announced yesterday by chancellor George Osborne. • GDP growth will be 1.2 per cent in 2010, accelerating to 2.3 per cent in 2011, 2.8 per cent in 2012 and 2.9 per cent in 2013. The pace of [...]