Janet Yellen to be next Fed Chief October 8, 2013 PRESIDENT Barack Obama will today nominate Janet Yellen to be the new chair of the Federal Reserve, making her the first woman to hold the most important job in the global financial system. Yellen will replace the outgoing Ben Bernanke at the end of January subject to approval by the US Senate, a White House [...]
Holtby plays down title chances September 29, 2013 TOTTENHAM midfielder Lewis Holtby believes talk of mounting a Premier League title challenge this season is unrealistic. Spurs have lost only one of their opening six league games and are third in the table, just two points behind pacesetters Arsenal, following Saturday’s 1-1 draw with London rivals Chelsea. With last season’s top two, Manchesters United [...]
Nobel prize winning London-born economist Ronald Coase passes away at 102 September 3, 2013 Accomplished economist Ronald Coase has passed away at 102 years of age. Born in London, Coase would later move to the US to pursue an incredibly successful career in Chicago. The Library of Economics and Liberty highlights that while incredibly influential, Coase's writings are sparse, saying that "in a sixty-year career he wrote only about [...]
Football Comment: Indispensable Torres can make difference in Chelsea title quest October 28, 2013 WHEN I tipped Chelsea for the Premier League back in August, I did not for one moment think that the man to make the difference in the title race would be Fernando Torres. Yet on Sunday, when the next best team in the division visited Stamford Bridge for an excellent contest, he did. And on [...]
HS2 under fire amid claims of hidden expense September 25, 2013 THE HIGH Speed 2 project will not fix the capacity problems on Britain’s rail network, a research paper out today claims. The Taxpayers Alliance (TPA) argues that putting longer trains on the existing West Coast Main Line would be a better value way to boost space on the route. It argues that there has been [...]
New York Report: Wall St pauses as Fed-driven rally peters out September 19, 2013 US stocks retreated slightly yesterday as investors paused after the Federal Reserve’s decision to keep its stimulus intact sparked a rally that lifted the Dow and S&P 500 to record highs. Major US stock indexes oscillated between modest gains and losses on the heels of Wednesday’s rally, with the S&P showing a swing of less [...]
Why the London Docklands hold the key to tackling the UK housing crisis October 1, 2013 HOW DO we solve Britain’s housing crisis? Ed Miliband has promised to see 200,000 homes built each year by 2020. But his pledge was linked to a misguided initiative to stop developers hoarding land (the Office for Fair Trading couldn’t find any evidence that this actually happens). The Tories, meanwhile, are bringing forward the second [...]
Why the London Docklands hold the key to tackling the UK housing crisis September 30, 2013 HOW DO we solve Britain’s housing crisis? Ed Miliband has promised to see 200,000 homes built each year by 2020. But his pledge was linked to a misguided initiative to stop developers hoarding land (the Office for Fair Trading couldn’t find any evidence that this actually happens). The Tories, meanwhile, are bringing forward the second [...]
Wenger turns to former Arsenal battler Flamini August 22, 2013 ARSENAL manager Arsene Wenger has moved to fulfill his promise of midfield reinforcements by offering a contract to former Gunner Mathieu Flamini, who is available on a free transfer. Flamini, who spent four seasons at the club before an acrimonious departure to AC Milan in 2008, has been training with Arsenal for the past two [...]
London Report: Plumbing supplier Wolseley leads the FTSE in light trade June 3, 2014 BRITAIN’S top share index edged lower in light trade yesterday, with most stocks falling in thin volumes ahead of the European Central Bank’s meeting this week. Substantial buying of shares in plumbing supplier Wolseley provided some support. Wolseley rose 1.6 per cent to be the top FTSE 100 gainer, after it reported a 5.1 per [...]