Investment & Business News Headlines

Could Asda and Sainsbury be merging?

First there was private equity, then talk emerged that Marks and Spencer was considering purchasing Sainsbury. Now the rumour mill has ground out talk that Asda has mooted throwing its hat into the ring.

If the two supermarkets were to merge, they would have a combined market share that is comparable to Tesco’s.

Clearly competition authorities are likely to raise their eyebrows at such a merger, but given that the resulting company will be no bigger than Tesco, can they really stop it? Rumour says Asda is discussing the possibility with the...Read More

Immigration benefits the average Brit

Do you remember the furore earlier this year over the economic impact of immigration? At the time Sir Andrew Green from Immigration Watch argued that immigration has little impact on GDP per capita in the UK.

Sir Andrew, who seemed to present himself as the voice of economic reason, said:...Read More

Posted Mar 30, 2007

Could Asda and Sainsbury be merging?

First there was private equity, then talk emerged that Marks and Spencer was considering purchasing Sainsbury. Now the rumour mill has ground out talk that Asda has mooted throwing its hat into the ring.

If the two supermarkets were to merge, they would have a combined market share that is comparable...Read More

Posted Mar 30, 2007

Oil soars

The are no prizes for guessing why, but oil soared yesterday, passing the $66 a barrel mark on the New York Mercantile Exchange. That is the highest level we have recorded since September last year.
It shows how influential Middle Eastern politics are on the price of oil, and if...Read More

Posted Mar 30, 2007

High street sees big jump in March

The high street has had its best month since 2004, suggests data released yesterday by the CBI.

The CBI distributive trades survey is produced when retailers say whether sales are up or down on the same month the year before. The percentage balance forms the CBI index, which...Read More

Posted Mar 30, 2007

The EU sees new economic hope as unemployment plummets

Later today official figures are expected to reveal a fall in unemployment across the eurozone to 7.3 percent in February from 7.4 percent the month before. This will bring unemployment in the area down to its lowest level since 1993, when records charting the area began.

And looking forward the prognosis...Read More

Posted Mar 30, 2007

Internet advertising breaks £2 billion

Do you remember the day the internet died? It’s like the words to that Don Mclean song, but, just as music turned out not to have died after all, it appears the internet was just pausing for breath, before it embarked on the most extraordinary growth story.

Back in 2001, internet...Read More

Posted Mar 29, 2007

Could US sub-prime crisis happen here?

Compare the US sub-prime market with the UK’s. The differences are so wide, you could drive a coaches and horses between them. But, then again, on further analysis, maybe the similarities are not so great after all.

You don’t need to be smart to understand the fundamental reason for the US...Read More

Posted Mar 29, 2007

US consumer confidence falls, but why is it so high?

Read the press, and you could be forgiven for believing all is woe in the US. But take a look at the consumer confidence figures from the Conference Board, and quite a different story is told.

With markets sliding, and the sub-prime mortgage crisis threatening to overspill, US consumer confidence fell...Read More

Posted Mar 28, 2007

Poverty levels rise for first time in a decade

So what do you think of as poverty? No doubt you conjure up images of Africa, of starving children, flies circulating around emaciated individuals too tired to swat them away.

But that is absolute poverty. There is such a thing as relative poverty too. What do we mean by relative poverty?...Read More

Posted Mar 28, 2007

House prices: from the sublime to the

Is that a hint of madness creeping in? Yesterday saw the emergence of five different stories relating to the UK and US property markets, and they run the full gamut of extraordinary growth to disaster in the making, with a great deal of scepticism in between. But, or so it...Read More

Posted Mar 28, 2007

Oil soars

The are no prizes for guessing why, but oil soared yesterday, passing the $66 a barrel mark on the New York Mercantile Exchange. That is the highest level we have recorded since September last year.
It shows how influential Middle Eastern politics are on the price of oil, and if...Read More

Posted Mar 30, 2007

Immigration benefits the average Brit

Do you remember the furore earlier this year over the economic impact of immigration? At the time Sir Andrew Green from Immigration Watch argued that immigration has little impact on GDP per capita in the UK.

Sir Andrew, who seemed to present himself as the voice of economic reason, said:...Read More

Posted Mar 30, 2007

High street sees big jump in March

The high street has had its best month since 2004, suggests data released yesterday by the CBI.

The CBI distributive trades survey is produced when retailers say whether sales are up or down on the same month the year before. The percentage balance forms the CBI index, which...Read More

Posted Mar 30, 2007

The EU sees new economic hope as unemployment plummets

Later today official figures are expected to reveal a fall in unemployment across the eurozone to 7.3 percent in February from 7.4 percent the month before. This will bring unemployment in the area down to its lowest level since 1993, when records charting the area began.

And looking forward the prognosis...Read More

Posted Mar 30, 2007

Denmark tops the global IT poll, UK eats dust in 9th spot

Sometimes, in economics, we forget what really counts. Economists drone on about the rate of interest, and fiscal policy and balance of payments, but forget that actually the factors that determine a country’s success are usually more dependent on the people living there, and how they are educated.

Take the Nordic...Read More

Posted Mar 29, 2007

Bernanke offers hope, but is he right?

Last week the Fed offered some hope. For month in month out the Fed repeatedly talked about the need for further policy firming. It hasn’t changed the rate of interest since last June, but in every meeting since it repeated its ‘policy firming’ warning. Then, when it met again last...Read More

Posted Mar 29, 2007

Inflation: is the worm turning again?

For some time now, a further rise in the UK rate of interest has been widely predicted. But then, people have been saying, with all those one-off costs, such as the price of fuel falling out of the annual figures, inflation will fall, and the Bank of England will be...Read More

Posted Mar 28, 2007

Oil hits year high on Iran troubles

The price of oil was up again yesterday, this time to the highest level this year.

oil
There are no prizes for guessing why – the latest crisis in Iran over the detention of British troops.

Oil has now swung from just $60 a barrel at the year’s beginning, to...Read More

Posted Mar 27, 2007

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