Investment & Business News Headlines

The dissection of 2008 and all that

This is the last issue of Investment and Business news in 2008. The next issue will be with you on January 5.

Maybe, then, right now is a good time to take stock.

What a year. 2008 saw ‘once in a hundred years events’, or so we have been told. Capitalism is in trouble. Social unrest is growing across the world, and governments are being dragged by their populace into protectionism.

But, opportunity lurks too. In fact, right now, the global opportunity is truly outstanding. The danger is that we talk ourselves out of...Read More

Why opportunity lurks within crisis

If you had been an economist in, say, September 1929 and were asked to provide a prognosis for how strong you felt the global economy was, it is likely you would have produced a glowing report.

The previous 50 years or so had seen extraordinary change.

It seems that the 47-year period which...Read More

Posted Dec 23, 2008

Favourite articles of the year: Mark 2 – Comrade Brown heralds in new age of exuberance

Originally published 14 October, after banking bailout agreed

As Gordon Brown and the members of his politburo sat and cogitated this weekend, they hit on a formula to do the impossible. They introduced a socialist programme to the world, the likes of which had not been seen since the years after...Read More

Posted Dec 23, 2008

The dissection of 2008 and all that

This is the last issue of Investment and Business news in 2008. The next issue will be with you on January 5.

Maybe, then, right now is a good time to take stock.

What a year. 2008 saw ‘once in a hundred years events’, or so we have been told. Capitalism is...Read More

Posted Dec 23, 2008

The great fight back begins

It began in Northern Ireland, in towns like Enniskillen, Co Fermanagh. The means by which the UK economy can recover have been laid.

Hands up all residents of Britain who wish they were paid in euros. Envy those who are. If you receive your salary in euros then you have received...Read More

Posted Dec 22, 2008

Housing market recovery could be ten years away, and prepare for boos and hisses aimed at banks

The most bearish comment yet from a leading economist; an extraordinary criticism made by the presenter of the Channel Four programme Location, Location, Location; an even more extraordinary and quite disturbing move by a well known High Street bank; and news on a panacea to the housing crisis, were the...Read More

Posted Dec 22, 2008

Chart of the day

oil

Posted Dec 19, 2008

Panic as pound heads for euro parity, but it is not all bad

According to the Telegraph, this year has seen the biggest falls in sterling since the UK came out of the gold standard in 1931.

At the time of writing there were just 1.06 euros to the pound.

It’s all down to interest rates.

Yesterday, the Bank of England Deputy Governor Charlie Bean conceded...Read More

Posted Dec 19, 2008

High Street sees November bounce!

The High Street carried on booming in November with sales 0.3 per cent up from October.

That is right, this was no typo. Neither does the finding above relate to some obscure survey.

This morning, the Office for National Statistics released its latest survey on retail sales. In the three months to November,...Read More

Posted Dec 18, 2008

Which way next year for the FTSE?

It seems there are two techniques you can employ for judging which way the markets will move next year. You can obtain a piece of paper and write ‘up’ at one end, and ‘down‘ at the other. You can then place a blindfold, lightly, but firmly, across the face, ensuring your...Read More

Posted Dec 18, 2008

Job losses mount, retail sales fall, and zero UK rates move closer

In case you didn’t hear the news yesterday, unemployment is up. Well, was anyone surprised by that development?

But that wasn’t the only major revelation yesterday. Wednesday also saw the latest CBI report into the High Street. This report has consistently been ahead of the curve, pinpointing developments sometimes months...Read More

Posted Dec 18, 2008

Favourite articles of the year: Mark 2 – Comrade Brown heralds in new age of exuberance

Originally published 14 October, after banking bailout agreed

As Gordon Brown and the members of his politburo sat and cogitated this weekend, they hit on a formula to do the impossible. They introduced a socialist programme to the world, the likes of which had not been seen since the years after...Read More

Posted Dec 23, 2008

Why opportunity lurks within crisis

If you had been an economist in, say, September 1929 and were asked to provide a prognosis for how strong you felt the global economy was, it is likely you would have produced a glowing report.

The previous 50 years or so had seen extraordinary change.

It seems that the 47-year period which...Read More

Posted Dec 23, 2008

China and Japan: the contagion spreads – and free trade is the only possible solution

In China, unemployment is the challenge, social unrest the big worry.

In Japan, it seems exports are falling off the edge of a cliff. News that Toyota is now forecasting its first annual loss since the 1930s sums up the whole thing pretty well.

The real danger, however, is that the world retreats behind...Read More

Posted Dec 22, 2008

Housing market recovery could be ten years away, and prepare for boos and hisses aimed at banks

The most bearish comment yet from a leading economist; an extraordinary criticism made by the presenter of the Channel Four programme Location, Location, Location; an even more extraordinary and quite disturbing move by a well known High Street bank; and news on a panacea to the housing crisis, were the...Read More

Posted Dec 22, 2008

The great fight back begins

It began in Northern Ireland, in towns like Enniskillen, Co Fermanagh. The means by which the UK economy can recover have been laid.

Hands up all residents of Britain who wish they were paid in euros. Envy those who are. If you receive your salary in euros then you have received...Read More

Posted Dec 22, 2008

What's up in Japan, Germany, France and Russia

Okay, it is time for a quick look around the world.

We know things are grim in the UK and US, but what about the rest?

Here is a brief summary of the latest state of play in Japan, Germany, France, Russia, India, Iceland, and Iraq.

In Japan, this morning it was a...Read More

Posted Dec 19, 2008

Mortgage market to go negative in 2009, repossessions to hit 1991 level

You have got to feel sorry for the Council of Mortgage Lenders (CML). “It is hard to imagine a more challenging environment in which to be making market forecasts,” it said yesterday.

Nonetheless, it did make its predictions, and then you are left feeling sorry for the half-million home owners who...Read More

Posted Dec 19, 2008

OPEC left impotent as oil price crashes on output cuts

You can’t buck the markets, said Mrs Thatcher, famously and just a few months before her departure from Number Ten. The record since shows she was right.

We want to “avoid the gyrations of the price,” said Saudi Arabian oil minister Ali al-Naimi yesterday. And yet, as his words echoed across the...Read More

Posted Dec 18, 2008

© Investment & Business News 2013