Investment & Business News Headlines

We are our way to Wembley - but not yet

If the new Wembley Stadium is a trial run for the Olympics then we’ve got a problem.

The new football stadium, which can already be seen across London, might not be finished in time for the FA cup final next year and yesterday bookmakers Coral Racing Ltd said it’s no longer taking bets on whether it will be finished on time because the chances of a delay are too high. The £757mn stadium – the most expensive in the world, is due to be ready in March, but then, says the...Read More

IT: The Next Ten Years - preventable deaths to fall, IT specialists must change their spots, internet and cellular telephony to take over

According to a report from Gartner there will be a 50% growth in IT investment in the healthcare sector between now and 2013, and this could enable clinicians to reduce the level of preventable deaths by 50 percent by 2013.

Wes Rishel, managing vice president at Gartner, a leading research company...Read More

Posted Nov 30, 2005

We are our way to Wembley - but not yet

If the new Wembley Stadium is a trial run for the Olympics then we’ve got a problem.

The new football stadium, which can already be seen across London, might not be finished in time for the FA cup final next year and yesterday bookmakers Coral Racing Ltd said it’s no longer...Read More

Posted Nov 30, 2005

House prices are significantly overvalued says OECD

Just as the property market experts have been busily saying, “see, told you talk of a property market crash was ridiculous,” the OECD has spoilt their celebrations, warning that house prices in the UK, Ireland and Spain were significantly overvalued.

But before the OECD put the cat amongst the...Read More

Posted Nov 30, 2005

pension crisis boost to Buy to Let

Worried about your pension? Not keen on the idea of working until you are 69.8? (see yesterday’s issue,) then best if you look for an alternative. And that says the Royal Institute of Chartered Surveyors is what Buy to Let Investors are doing. RICS reckons that just 4% of...Read More

Posted Nov 29, 2005

BP whistles down the wind

BP is moving away from oil. It’s currently in the throws of a high profile marketing campaign under the slogan Beyond Petroleum and yesterday, the oil giant revealed plans to double its investment into alternative energy.

It’s investing $8bn over the next ten years, and reckons that it will build the...Read More

Posted Nov 29, 2005

Gold hits 18 year high: what does this mean?

In times of trouble, investors often rush for gold. At least that’s how it used to be, but these days, gold is seen by many as…well as a metal for making jewellery

It hit an all time high in January 1980, when it was going for $873 an ounce, since then...Read More

Posted Nov 29, 2005

Blackberry phones could disappear down the US legal system

Wander around Liverpool Street and the station concourse: it’s awash with city types using their Blackberry mobile phone for sending and receiving emails.

In the US, there could be trouble ahead. There’s a legal dispute between Research in Motion, the company behind the Blackberry phones and a small private company called...Read More

Posted Nov 28, 2005

Golden brown arouses the frowns - texture like dust

This time it’s Gordon Brown’s own figures that could spell his downfall. The ITEM Club, which is sponsored by Ernst and Young, and reminds us, every time it issues a press release, that it’s the only independent economic forecasting ground to use the same model as the Treasury, has...Read More

Posted Nov 28, 2005

Germany and Japan: recovery strengthens

Those two mighty economies of the ’80s, who caught a cold, which turned into pneumonia in the ’90s, leaving them coughing and spluttering their way into the new millennium, might at last be clawing their way back.

In Germany, economic growth has been steady. Figures released earlier this week showed that...Read More

Posted Nov 25, 2005

Xbox 360 costs double its trade price

According to a report on CNN Money this morning, the new Xbox, which was released in the US earlier this week and retails for $399, costs $552.27 to make.

Apparently, the IBM chip which sits at the heart of the machine costs $106 alone, while the graphics processing unit...Read More

Posted Nov 25, 2005

House prices are significantly overvalued says OECD

Just as the property market experts have been busily saying, “see, told you talk of a property market crash was ridiculous,” the OECD has spoilt their celebrations, warning that house prices in the UK, Ireland and Spain were significantly overvalued.

But before the OECD put the cat amongst the...Read More

Posted Nov 30, 2005

IT: The Next Ten Years - preventable deaths to fall, IT specialists must change their spots, internet and cellular telephony to take over

According to a report from Gartner there will be a 50% growth in IT investment in the healthcare sector between now and 2013, and this could enable clinicians to reduce the level of preventable deaths by 50 percent by 2013.

Wes Rishel, managing vice president at Gartner, a leading research company...Read More

Posted Nov 30, 2005

pension crisis boost to Buy to Let

Worried about your pension? Not keen on the idea of working until you are 69.8? (see yesterday’s issue,) then best if you look for an alternative. And that says the Royal Institute of Chartered Surveyors is what Buy to Let Investors are doing. RICS reckons that just 4% of...Read More

Posted Nov 29, 2005

BP whistles down the wind

BP is moving away from oil. It’s currently in the throws of a high profile marketing campaign under the slogan Beyond Petroleum and yesterday, the oil giant revealed plans to double its investment into alternative energy.

It’s investing $8bn over the next ten years, and reckons that it will build the...Read More

Posted Nov 29, 2005

Email for mobile phones: Blackberry arrivals gather

Hoover, and perhaps now Dyson, Biro and Coke: the business text books are full of examples of brands that have become so well know that the brand name has become synonymous with the generic product.

Maybe Blackberry is the latest example. Half of all corporate emails for mobile phones use Blackberry...Read More

Posted Nov 29, 2005

Nokia sees Chinese expansion

The global mobile phone market is set grow faster than is widely expected next year, says Nokia. The world’s leading mobile phone company reckons that the number of subscribers in China will jump from 380million at the moment, to 630 million by 2010.

Posted Nov 28, 2005

Pension debate: take a look down under

With the Turner report into pensions to be unveiled this week, the UK pension crisis is set to sit centre stage of the economic debate in the days ahead.

Up to now the debate has been focused on the time we should retire. Writing in the Sunday Times David Smith, for...Read More

Posted Nov 28, 2005

Brown: complexity is the key to solving pension crisis

Of course, our chancellor didn’t actually say that the answer to the pension crisis lies in making things more complex, but that is the implication. He is after all notorious for using tinkering as a means of making tax ‘fair.’ But the current tax regime is horrendously complex, and has...Read More

Posted Nov 25, 2005

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