THE TIPSTER MACRO DATA KEY TO THE WEEK AHEAD October 18, 2009 WITH a slew of macroeconomic data on the way, sterling-US dollar – otherwise known as cable – is sharply in focus this week. Although the pound made some solid gains at the end of last week, these may well be reversed on Friday when the UK third quarter GDP figure is released. Forecasts have been [...]
THE TIPSTER MACRO DATA KEY TO THE WEEK AHEAD October 18, 2009 WITH a slew of macroeconomic data on the way, sterling-US dollar – otherwise known as cable – is sharply in focus this week. Although the pound made some solid gains at the end of last week, these may well be reversed on Friday when the UK third quarter GDP figure is released. Forecasts have been [...]
WHAT GOD COMPLEX? BLANKFEIN IS JUST FEELING A WEE BIT LONELY November 8, 2009 One could feel a bit sorry for Goldman Sach’s chairman and chief executive Lloyd Blankfein. Push aside the fact that he earns more than the GDP of a small country for doing “God’s work”, and life on the 30th floor starts to look very lonely. “People are pissed off, mad and bent out of shape. [...]
BAs’ unions threaten strike action if staff are forced to leave the airline October 7, 2009 BRITISH AIRWAYS’ (BA) staff unions were last night locked in emergency talks, following the carrier’s decision to cut 1,700 cabin crew staff. The ubiquitous Unite union claims BA made the move without reaching an agreement, and us now threatening strikes over the Christmas period. Earlier this week, BA said 1,000 of its cabin staff had [...]
Keep your festive drinking in control November 23, 2009 ONE MINUTE we’re told that drinking alcohol in any quantity is bad for us; the next it appears that red wine is like mother’s milk and should be consumed with gay abandon. Only last week a Spanish study commissioned by the Basque Public Health Department was published, saying that men who drank up to 11 [...]
Gap is widening between best and worst brands October 20, 2009 THINGS have picked up on the high street over the last month, but it’s not a case of a rising tide lifting all boats: the recession seems to have made the customer more discerning. Of the 25 high street retailers which BrandIndex measures daily, we’ve taken three of our top-ranked, and compared them with three [...]
Intel results offer hope to tech sector October 13, 2009 INTEL, the chipmaker and tech sector bellwether, yesterday gave an upbeat outlook as it announced third quarter results that shattered expectations, boosting its shares six percent and fueling hopes of a tech sector recovery in the run up to Christmas Analysts said Intel’s rosy forecasts for revenue and margins, both of which exceeded expectations, and [...]
FIGHT FOR CITY OPENS UP WITH A GOOD CUPPA November 17, 2009 IF THERE’S one City high-flier who finds it hard to say no to a new opportunity, it must be Stuart Popham, the jovial senior partner of legal giant Clifford Chance. Popham – in addition to his role at the head of the world’s largest law firm, his chairmanship of the CBI’s London council, and his [...]
LABOUR CONFERENCE NEWS September 28, 2009 Prime Minister Gordon Brown promised new legislation to curb bankers’ bonuses was forthcoming. Chancellor Alistair Darling accused Tories of “playground politics” and said their policies would have turned a recession into a depression. Business secretary Lord Mandelson said Labour were “underdogs” but could win the general election. Just one in three Labour MPs believe they [...]
LABOUR CONFERENCE NEWS September 28, 2009 Prime Minister Gordon Brown promised new legislation to curb bankers’ bonuses was forthcoming. Chancellor Alistair Darling accused Tories of “playground politics” and said their policies would have turned a recession into a depression. Business secretary Lord Mandelson said Labour were “underdogs” but could win the general election. Just one in three Labour MPs believe they [...]