Investment & Business News Headlines

Britain versus US. US advantages are myths, says report

How many times do you hear the following gripe? “Government red tape is stifling British business, we need to be more like the US”. Then there’s the classic, “its too difficult for companies to obtain finance in this country. If you need backing you are better off going to the US.” There’s an implicit belief that the US economy provides a more enterprising culture, and that for your average entrepreneur, the US is the place to be. No wonder, goes the argument, that the US economy enjoys a higher level...Read More

US Coast Guard had doubts about Dubai port takeover

Details emerged yesterday that for a short time after the Bush administration had okayed the Dubai ports purchase of five US ports owned by P&O, the US coast guards had doubts. Well, not so much doubts, as questions. It simply did not have enough information to make a judgement on...Read More

Posted Feb 28, 2006

Britain versus US. US advantages are myths, says report

How many times do you hear the following gripe? “Government red tape is stifling British business, we need to be more like the US”. Then there’s the classic, “its too difficult for companies to obtain finance in this country. If you need backing you are better off going to the...Read More

Posted Feb 28, 2006

Amazon is first big purchase since dot com crash

Of all the top dotcoms, Amazon has disappointed the most in recent years. While the likes of Yahoo, Google and eBay grow, grow and then grow some more, Amazon has looked increasingly like a mature stock, with single digit growth, concerned about protecting its market position.

It hasn’t even engaged in...Read More

Posted Feb 28, 2006

RBS beats the rest of the pack - so far

And then there were three. RBS became the third of the big five banks to publish its results this morning trouncing Barclays and Lloyds TSB with a 21% rise in pre tax profits. Barclays only managed a 15% increase, and Lloyds TSB was only able to muster...Read More

Posted Feb 28, 2006

Vodafone wipes almost £28 billion off its balance sheet

“It’s just an accounting change” said Vodafone’s Finance Director yesterday. But despite this, shares in the word’s leading wireless operator fell, at one point falling to a three year low, and headline writers sharpened their knives and prepared to talk about the tale of woe that is Vodafone.

Apparently, under changes...Read More

Posted Feb 28, 2006

Manufacturing lilts

UK manufacturing has just enjoyed its best month since last March, said the CBI yesterday. The CBI industrial trends survey found that 18 per cent of manufacturers reported their order books as above normal and 36 per cent below – a balance of minus 18 per cent. This...Read More

Posted Feb 23, 2006

US inflation rises

The scaremongers would have you pressing the panic button – US Inflation was up to 0.7% in January. If that level becomes the norm, US rates would need to go up and up, and the US economy would catch a nasty cold in the process. But then again, look at...Read More

Posted Feb 23, 2006

Bush digs his heels in over Dubai bid for P&O

The fortress America politicians are unhappy again, and this time their malcontent relates to the proposed purchase of British company P&O, by Dubai Ports World.

The furore is all down to P&O ownership of six ports in the US: New York, New Jersey, Philadelphia, Baltimore, New Orleans and Miami. The White...Read More

Posted Feb 23, 2006

MG Rover site given new hope

‘Hindsight is a wonderful thing… if only they had listened to Alchemy. The Venture Capital Company wanted to buy Rover out during that period a few years ago, when Phoenix eventually picked up the prize. Alchemy wanted to focus on the MG, but at the time this was hailed as...Read More

Posted Feb 23, 2006

US rates: Fed speaks

The Fed issued the minutes from its latest meeting yesterday. The news from across the pond would appear to be that one or two further rates hikes are due, but then again, maybe not. The minutes said “Although the stance of policy seemed close to where it needed to be...Read More

Posted Feb 22, 2006

Amazon is first big purchase since dot com crash

Of all the top dotcoms, Amazon has disappointed the most in recent years. While the likes of Yahoo, Google and eBay grow, grow and then grow some more, Amazon has looked increasingly like a mature stock, with single digit growth, concerned about protecting its market position.

It hasn’t even engaged in...Read More

Posted Feb 28, 2006

US Coast Guard had doubts about Dubai port takeover

Details emerged yesterday that for a short time after the Bush administration had okayed the Dubai ports purchase of five US ports owned by P&O, the US coast guards had doubts. Well, not so much doubts, as questions. It simply did not have enough information to make a judgement on...Read More

Posted Feb 28, 2006

RBS beats the rest of the pack - so far

And then there were three. RBS became the third of the big five banks to publish its results this morning trouncing Barclays and Lloyds TSB with a 21% rise in pre tax profits. Barclays only managed a 15% increase, and Lloyds TSB was only able to muster...Read More

Posted Feb 28, 2006

Vodafone wipes almost £28 billion off its balance sheet

“It’s just an accounting change” said Vodafone’s Finance Director yesterday. But despite this, shares in the word’s leading wireless operator fell, at one point falling to a three year low, and headline writers sharpened their knives and prepared to talk about the tale of woe that is Vodafone.

Apparently, under changes...Read More

Posted Feb 28, 2006

House prices see February surge

House prices enjoyed their best run in February for over 18 months, say both Rightmove and Hometrack in their latest surveys. Elsewhere evidence mounts of the Buy to Let market surging too, with the beleaguered First Time Buyer seeing that first step on the property ladder become more elusive than...Read More

Posted Feb 27, 2006

Bank of England worried about house prices

Talking of the rate of interest, the minutes from the Bank of England’s last meeting were released yesterday. There was just one dissenter from the MPC’s nine members. For the third month in a row, Stephen Nickell voted for lowering rates to 4.25%, the rest, worried about renewed energy...Read More

Posted Feb 23, 2006

Has sugar soured - maybe someone should say to Amstrad boss

“What I don’t understand is this, you said that the Amstrad dual phone and emailer would be a no brainier, yet it failed. Where’s the magic in Amstrad today? You used to lead British business with your forward thinking and smart ideas for repackaging products in a way that consumers...Read More

Posted Feb 23, 2006

India: the opportunity

It often seems to us that India is the forgotten man of economic speculation. The media focuses its attention on China and yet, India too, is set to grow and grow.

And where India differs from China, is that it is not sitting on a demographic time bomb. While China is...Read More

Posted Feb 22, 2006

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