Investment & Business News Headlines

Big guns fire their fury

Well, it is Davos, so it should come as no surprise, but yesterday and Wednesday were days of extreme activity.

Greece is in trouble.   Is this the beginning of the great sovereign debt crisis we have been warned to expect? No wonder gold is riding so high. But not so fast – George Soros reckons the market is portraying all the hallmarks of a bubble.

Then there’s Barack Obama’s plans to change the banks. Bob Diamond, President of Barclays gave a thinly veiled threat at Davos. He reckons that if Obama’s plans...Read More

Apple wonder machine biggest threat to traditional book industry

Every year the most powerful man in American makes his big speech. It happened again on Wednesday, and the media flocked to hear his words. The world once again tuned in. “Yes we can,” he said, or at least he uttered words to that effect.

That’s right, Steve Jobs was revealing...Read More

Posted Jan 29, 2010

Big guns fire their fury

Well, it is Davos, so it should come as no surprise, but yesterday and Wednesday were days of extreme activity.

Greece is in trouble.   Is this the beginning of the great sovereign debt crisis we have been warned to expect? No wonder gold is riding so high. But not so fast...Read More

Posted Jan 29, 2010

Recession is over but only just

The recession is over, but only just.  Well, that’s what the first stab at officially estimating GDP in the final quarter of last year says.

Alas, the growth rate was a mere 0.1 per cent, compared to a consensus expectation of 0.4 per cent.

Earlier in the week, Howard Archer at...Read More

Posted Jan 26, 2010

Apple profits surge again as Microsoft comes within sights

Well, you can run out of superlatives eventually. Apple has done it again. For the second quarter in a row it has enjoyed its highest profits ever.

Sales in its Q1 hit $15.7 billion, 32 per cent up on the same quarter a year ago, and profits surged 50 per cent...Read More

Posted Jan 26, 2010

Do we really need growth?

The UK left recession in the final quarter of last year.  Should we all go out and celebrate? Of course, some economists argue that it will be a hard climb back, and it will be years before the economy is back to where it was. Others say that in order...Read More

Posted Jan 26, 2010

Obama hits bankers, but is he right?

The great and the good of the banking world will descend on London today. Under discussion will be no less a topic than how do we stop it all from happening again.

Meanwhile, in the US, Barack Obama has already laid down his plan for making the banks behave in future.

So...Read More

Posted Jan 25, 2010

Are Apple and Microsoft siding together against Google?

In the world of geeks, it would be akin to Yoda and Darth Vader joining forces.

Now there is this rumour going around that Microsoft and Apple are in talks over the possibility that Apple will use Microsoft’s rival product to Google, Bing, as the default search engine for the iPhone.

According...Read More

Posted Jan 21, 2010

Nobel winners call for more government borrowing

Economists are busy disagreeing with each other again.

What idiots governments are. They are reigning in their spending far too soon. If they don’t throw another stimulus package at the economy, we will all go hurtling back to recession, or so says one of the most respected economists in the world,...Read More

Posted Jan 21, 2010

House prices: digging beneath the foundations

Here is our first attempt to comprehensively summarise all the arguments for and against house prices going up in the future.

House prices always go up. Did you know that in 1930 the average house price was £590. See this link

According to a parliamentary report a pound in 1998 would...Read More

Posted Jan 20, 2010

The new economics: Ethics and morals, or is it bunkum?

It seems we have gone all moral.

In today’s Guardian, Billy Bragg said he will withhold paying tax unless the government stops bonus payments for RBS staff. And to that he is greeted with cries of hallelujah.

Now a report from the Word Economic Forum has found that over two-thirds of...Read More

Posted Jan 19, 2010

Recession is over but only just

The recession is over, but only just.  Well, that’s what the first stab at officially estimating GDP in the final quarter of last year says.

Alas, the growth rate was a mere 0.1 per cent, compared to a consensus expectation of 0.4 per cent.

Earlier in the week, Howard Archer at...Read More

Posted Jan 26, 2010

Apple wonder machine biggest threat to traditional book industry

Every year the most powerful man in American makes his big speech. It happened again on Wednesday, and the media flocked to hear his words. The world once again tuned in. “Yes we can,” he said, or at least he uttered words to that effect.

That’s right, Steve Jobs was revealing...Read More

Posted Jan 29, 2010

Apple profits surge again as Microsoft comes within sights

Well, you can run out of superlatives eventually. Apple has done it again. For the second quarter in a row it has enjoyed its highest profits ever.

Sales in its Q1 hit $15.7 billion, 32 per cent up on the same quarter a year ago, and profits surged 50 per cent...Read More

Posted Jan 26, 2010

Do we really need growth?

The UK left recession in the final quarter of last year.  Should we all go out and celebrate? Of course, some economists argue that it will be a hard climb back, and it will be years before the economy is back to where it was. Others say that in order...Read More

Posted Jan 26, 2010

Jobs: flexibility has changed the rules

From a jobs point of view this has been a funny recession.

Not funny haha, of course, losing your job is never funny; but funny peculiar.  Whichever way you look at it, job loses have been less than we were expecting. A lot less.

Now a report from The Chartered Institute of...Read More

Posted Jan 25, 2010

Investors give UK thumbs down as US enjoys best quarter in four years

This is the week we will know. The first official estimates of GDP for the final quarter of 2009 will be published both here, in the UK, and in the US in the next few days.

For the UK it seems the recession surely ended, but in the US something...Read More

Posted Jan 25, 2010

Why Sudoku explains what's wrong with the economy

The world it seems is like a game of sudoku.  You known how in the numbers puzzle there has to be a different number in each row. Well, Mervyn King has invented his own version.

It looks like this:seduku  Okay, it is...Read More

Posted Jan 21, 2010

UK to lead developed world recovery

It’s a joke right? The prediction says the UK will eclipse both the US and Eurozone next year and expand at a much faster rate. In fact it goes further than that. The UK is expected to grow by 3.4 per cent next year, an impressive growth rate at any...Read More

Posted Jan 19, 2010

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