CITY VIEWS: WHAT DO YOU THINK OF THE IPAD – IS IT THE FUTURE FOR BUSINESS? June 1, 2010 DANIEL MORGAN | VTB CAPITAL “It really is the biggest waste of money ever. I can’t see what the ? difference is between the iPad and other computers. If it was a standalone device I could see the attraction, but it needs to link with a Mac computer to get the most out of it.” [...]
Budget brings down bank shares but delay in VAT rise gives retailers a boost June 22, 2010 WEAKER commodity stocks pulled Britain’s top share index lower yesterday, while retailers got a lift from the first emergency Budget from Britain’s new coalition government after an expected valued added tax rise was delayed. At the close, the FTSE was down 52.1 points, or 1.0 per cent, at 5,246.98, having hit its highest closing level [...]
Budget brings down bank shares but delay in VAT rise gives retailers a boost June 22, 2010 WEAKER commodity stocks pulled Britain’s top share index lower yesterday, while retailers got a lift from the first emergency Budget from Britain’s new coalition government after an expected valued added tax rise was delayed. At the close, the FTSE was down 52.1 points, or 1.0 per cent, at 5,246.98, having hit its highest closing level [...]
Posen: ECB is on right track June 14, 2010 CENTRAL banks have enhanced their future credibility and independence as a result of their policy decisions, including large-scale bond purchases, Bank of England Monetary Policy Committee (MPC) member Adam Posen said yesterday. Speaking at the Barclays Capital annual Global Inflation-Linked Conference in New York, he said: “Always refusing to intervene in debt markets for appearance’s [...]
Posen: ECB is on right track June 14, 2010 CENTRAL banks have enhanced their future credibility and independence as a result of their policy decisions, including large-scale bond purchases, Bank of England Monetary Policy Committee (MPC) member Adam Posen said yesterday. Speaking at the Barclays Capital annual Global Inflation-Linked Conference in New York, he said: “Always refusing to intervene in debt markets for appearance’s [...]
Bank and industry stocks up as FTSE 100 breaks 5,300 July 22, 2010 The FTSE 100 index jumped 1.9 per cent yesterday, boosted by strong banks ahead of today’s European stress test results, and by firmer miners and oils as US stocks rallied on earnings and data. Britain’s top share index closed up 99.17 points at 5,313.81, ending above 5,300 for the first time since 18 May, the [...]
Bank and industry stocks up as FTSE 100 breaks 5,300 July 22, 2010 The FTSE 100 index jumped 1.9 per cent yesterday, boosted by strong banks ahead of today’s European stress test results, and by firmer miners and oils as US stocks rallied on earnings and data. Britain’s top share index closed up 99.17 points at 5,313.81, ending above 5,300 for the first time since 18 May, the [...]
FTSE drags with not a single riser June 29, 2010 BRITAIN’S top share index hit a near 10-month closing low yesterday, led down by mining stocks and banks, as risk appetite was hurt by renewed concerns over the strength of global recovery and Europe’s debt problems. The FTSE 100 closed down 157.46 points, or 3.1 per cent, at 4,914.22, its lowest close since 4 ?September [...]
Lloyds misses brunt of £2bn levy on banks June 22, 2010 STATE-OWNED Lloyds Banking Group emerged as the relative winner from an annual £2bn levy on banks’ balance sheets announced yesterday. The tax will apply to British banks and building societies, such as Barclays and the Skipton, and the UK operations of foreign institutions like JPMorgan and Goldman Sachs. From January 2011, banks will be charged [...]
Lloyds misses brunt of £2bn levy on banks June 22, 2010 STATE-OWNED Lloyds Banking Group emerged as the relative winner from an annual £2bn levy on banks’ balance sheets announced yesterday. The tax will apply to British banks and building societies, such as Barclays and the Skipton, and the UK operations of foreign institutions like JPMorgan and Goldman Sachs. From January 2011, banks will be charged [...]