WHAT THE OTHER PAPERS SAY THIS MORNING January 17, 2012 FINANCIAL TIMES SURGE SEEN IN SELF-EMPLOYMENT A surge in self-employment is the result of people doing part-time odd jobs to avoid unemployment rather than a genuine increase in entrepreneurial zeal, according to the Chartered Institute of Personnel and Development. The self-employed have risen by 300,000 since spring 2008 to 4.14m – the highest since records [...]
Markets hold up yet tech sector hit by slide December 21, 2011 TECHNOLOGY shares slumped yesterday and pushed the Nasdaq down one per cent after Oracle reported results that cast doubts on the sector’s health, even as broader markets closed mostly flat in a thinly traded day. Outside the Nasdaq, the market recovered from early losses as some recent fears over Europe faded. Traders tried to build [...]
Markets hold up yet tech sector hit by slide December 21, 2011 TECHNOLOGY shares slumped yesterday and pushed the Nasdaq down one per cent after Oracle reported results that cast doubts on the sector’s health, even as broader markets closed mostly flat in a thinly traded day. Outside the Nasdaq, the market recovered from early losses as some recent fears over Europe faded. Traders tried to build [...]
FTSE seesaws lower on banks and retailers December 21, 2011 BRITAIN’S top share index fell back after a volatile session yesterday, swinging back from early strong gains in low volumes, with banks seeing gains eroded, although Lloyds was boosted by a broker double upgrade. At the close, the FTSE 100 index was down 29.86 points, or 0.6 per cent at 5,389.74, reversing a chunk of [...]
FTSE seesaws lower on banks and retailers December 21, 2011 BRITAIN’S top share index fell back after a volatile session yesterday, swinging back from early strong gains in low volumes, with banks seeing gains eroded, although Lloyds was boosted by a broker double upgrade. At the close, the FTSE 100 index was down 29.86 points, or 0.6 per cent at 5,389.74, reversing a chunk of [...]
Interserve to get lift from UK contracts November 14, 2011 INTERSERVE said yesterday it had won support contracts worth a potential £420m from the Ministry of Defence, bringing its total contract wins since June to more than 600m. The construction and outsourcing firm said it would provide mechanical, electrical and building services to the Falklands, Ascension Island, Cyprus and Gibraltar for at least five years. [...]
Chancellor set to reform PFI November 14, 2011 THE GOVERNMENT will today announce plans to reform the Private Finance Initiative (PFI), a highly controversial method of funding the construction of schools and hospitals. Last night, a Treasury source said: “This will effectively mean the end of PFI as we know it.” Treasury sources say the chancellor wants to find a new way of [...]
Rebuilding UK infrastructure as an engine for growth is a task for private companies November 30, 2011 IN TUESDAY’S Autumn Statement, the chancellor committed an additional £25bn in public spending on infrastructure over the next three years. The importance of this promise isn’t in the Keynesian speed of the payback in employment (in fact modern road and rail infrastructure has long lead-in times), but in the significant benefits of great infrastructure in [...]
Wall St slips ahead of key jobs report December 1, 2011 US stocks trod water yesterday after the previous day’s massive gains, but traders worried that recent strong data could set the market up for a sell-off should today’s jobs report fall short of hopes. Both the Dow and the S&P 500 dipped and the Nasdaq ended with a slight gain following Wednesday’s rally of more [...]
Wall St slips ahead of key jobs report December 1, 2011 US stocks trod water yesterday after the previous day’s massive gains, but traders worried that recent strong data could set the market up for a sell-off should today’s jobs report fall short of hopes. Both the Dow and the S&P 500 dipped and the Nasdaq ended with a slight gain following Wednesday’s rally of more [...]