Bank warns of hard times October 26, 2005 Bank of England governor Mervyn King has warned that the British economy is about to embark on a bumpy ride over the coming years after the stability enjoyed in recent times. At a hearing in front of a House of Lords parliamentary committee, King said people should not expect the Bank to “fine tune the [...]
House price drop cannot be hidden October 24, 2005 Annual house price inflation was 1.8 per cent according to the latest analysis by the Nationwide Building Society. That is the lowest figure since May 1996, but it is still an exaggeration. Prices rose by 1.8 per cent in the six months to last April — but they have not risen at all in the [...]
A good call for O2 buyer November 1, 2005 It was just a matter of time before someone made a move on the British company, so Telefonica’s offer for O2 was no big shock. But there’s still time for other rivals to muscle in on the act, says Ben Griffiths. Since splitting off from BT four years ago, O2 has persistently found itself unable [...]
A reserved man October 31, 2005 The new nominee for the chairmanship of the Federal Reserve has a background in academia rather than finance and is thought to be weak on inflation. Markets are being urged to wait before rushing to judgement. Can you ever replace a god? On 24 October George W Bush made an attempt, nominating the head of [...]
To have and to fold November 3, 2005 Ben Laurance meets Andrew Ritchie, the Brompton founder who has created a manufacturing rarity – a flourishing British engineering firm that exports 60 per cent of what it makes You see them nestling behind seats on trains. You see them behind desks in offices across the capital. Above all, you see them on the roads, [...]