What the other papers say this morning – 06 March 2014 March 5, 2014 FINANCIAL TIMES Church defends hedge fund plan The man responsible for the Church of England’s £6bn endowment has defended plans to increase its investment in hedge funds, arguing that not all of the industry has “devil’s horns”. Andreas Whittam Smith, first church estates commissioner, told the Financial Times that the Church’s own ethical watchdog sanctioned [...]
Down to a Fine Art March 23, 2014 Annabel Palmer talks to Patrick van der Vorst, the ex-Sotheby’s art expert who used a £100,000 investment from Dragons Den to build online valuation service Value My Stuff THE INTERNATIONAL art market is having a ball, as investors flock to the perceived safer asset. A Sotheby’s sale last month totalled £163m, with demand coming from [...]
The New York Times is totally wrong in its attack on London March 10, 2014 AN op-ed in the New York Times slamming the UK’s response to the Ukrainian crisis is making waves. Its author, Ben Judah, makes some decent if unoriginal points about how London depends on Russian cash, but his piece is so full of holes a fisking is in order. Here goes. 1 “On the [Shard’s] top [...]
Online dating tips from the world of economics January 25, 2014 HAVE you ever turned to the neoclassical synthesis or the efficient markets hypothesis to help you to find love? We’d wager not, but having spent some time on Match.com, Stanford professor Paul Oyer has written a book: Everything I Ever Needed To Know About Economics I Learned From Online Dating. Whether you believe Keynesianism can [...]
The New York Times is totally wrong in its attack on London March 10, 2014 AN op-ed in the New York Times slamming the UK’s response to the Ukrainian crisis is making waves. Its author, Ben Judah, makes some decent if unoriginal points about how London depends on Russian cash, but his piece is so full of holes a fisking is in order. Here goes. 1 “On the [Shard’s] top [...]
Food and drink M&A drops as firms hold tight January 27, 2014 The number of deals in the food and drink sector fell for the first time last year since 2009, new research shows, suggesting companies are holding off on acquisitions to focus on strengthening their businesses. Despite the broader economy showing signs of recovery, deal volumes dropped by 21 per cent compared with the previous year, [...]
Online dating tips from the world of economics January 20, 2014 HAVE you ever turned to the neoclassical synthesis or the efficient markets hypothesis to help you to find love? We’d wager not, but having spent some time on Match.com, Stanford professor Paul Oyer has written a book: Everything I Ever Needed To Know About Economics I Learned From Online Dating. Whether you believe Keynesianism can [...]
Housebuilders pledge to end advance sales of homes overseas December 18, 2013 A TOTAL of 11 housing developers have signed a pledge to market their properties to UK buyers first, or at the same time, as marketing abroad. Concerns about properties being sold to foreign investors who then choose not to live in them have led to claims that many London streets are unoccupied while demand in [...]
The main winners from Help to Buy? Rich men in London January 23, 2014 Nearly 40 per cent of would-be homeowners under the age of 40 are planning to apply for the government's controversial Help To Buy scheme in 2014, according to research from Experian Consumer Services. In November, Halifax and RBS reported strong interest in the first phase of Help to Buy receiving more than 2,000 applications in [...]
Cameron puts European rights law on notice September 29, 2013 DAVID Cameron yesterday indicated that he is ready to pledge to abolish the Human Rights Act in the Conservatives’ manifesto for the 2015 general election. The Prime Minister said he would do “whatever that takes” to ensure Britain can deport foreign criminals that the government believes pose a threat to national security, including replacing the [...]