Expect to see a widening gulf in the Eurozone September 21, 2010 STERLING plunged against the euro yesterday as worse-than-expected UK deficit figures exacerbated what was already a strong rally from the single currency. Coupled with solid demand at Spanish, Greek and Irish government bond auctions, this was enough to send sterling-euro down to a three-month low, with the euro also gaining a cent against the dollar. [...]
Expect to see a widening gulf in the Eurozone September 21, 2010 STERLING plunged against the euro yesterday as worse-than-expected UK deficit figures exacerbated what was already a strong rally from the single currency. Coupled with solid demand at Spanish, Greek and Irish government bond auctions, this was enough to send sterling-euro down to a three-month low, with the euro also gaining a cent against the dollar. [...]
BEST OF THE BROKERS August 8, 2010 LOGICA Logica continues to trade at a material discount to its IT services peers, according to Standard & Poor’s. The analysts believe investors have overreacted to the threat of cuts in the UK public sector, and that the gap will close. S&P has trimmed its sales estimates by three per cent, but reiterates its “buy” [...]
BEST OF THE BROKERS August 8, 2010 LOGICA Logica continues to trade at a material discount to its IT services peers, according to Standard & Poor’s. The analysts believe investors have overreacted to the threat of cuts in the UK public sector, and that the gap will close. S&P has trimmed its sales estimates by three per cent, but reiterates its “buy” [...]
A-Levels not enough, say City bosses August 19, 2010 BUSINESS leaders have called for more young people to study for practical qualifications as well as traditional A-Levels to stand out in the increasingly competitive fight for jobs. Around 170,000 applicants are expected to miss out on a university place this year, despite a record 97.6 per cent of students passing their A-Levels yesterday. Director [...]
A-Levels not enough, say City bosses August 19, 2010 BUSINESS leaders have called for more young people to study for practical qualifications as well as traditional A-Levels to stand out in the increasingly competitive fight for jobs. Around 170,000 applicants are expected to miss out on a university place this year, despite a record 97.6 per cent of students passing their A-Levels yesterday. Director [...]
CITY CRIMS REFUSE TO STEAL BIKES ON DEMAND August 30, 2010 BETWEEN BoJo’s bikes and the craze for cycling to work, two wheels are very much in vogue. So it makes sense to take out insurance for your new mode of transport, right? Wrong. Not if a new campaign by insurer Aviva is anything to go by. Britain’s biggest insurer was so sure it was offering [...]
Murdoch to launch tablet-only national newspaper in the US August 16, 2010 RUPERT?Murdoch is planing an audacious tablet-PC only newspaper in the US. Murdoch plans to charge users a subscription fee to read his new venture on their iPads. It is understood the as-yet-unnamed paper will draw on resources from his existing media outlets but also have its own staff of several dozen. The News Corp boss [...]
Murdoch to launch tablet-only national newspaper in the US August 16, 2010 RUPERT?Murdoch is planing an audacious tablet-PC only newspaper in the US. Murdoch plans to charge users a subscription fee to read his new venture on their iPads. It is understood the as-yet-unnamed paper will draw on resources from his existing media outlets but also have its own staff of several dozen. The News Corp boss [...]
An income strategy has its benefits in uncertain times September 1, 2010 THERE seems to be no end to the uncertainty surrounding the outlook for the global economy. Bonds tend to be the first port-of-call in uncertain times. However with prices at multi-year highs investors are right to be nervous about entering into a long position from here. So what should investors do? UBS analysts claim that [...]