Investment & Business News Headlines

UK consumer confidence down whilst German confidence is on the rise

The CBI distributive trades index looked good last month. The index, produced by asking retailers if sales are up or down on last year, and taking one from the other, hit 35 in August, the fourth best reading since early 2004, which is when we first started monitoring this report. More to the point, July’s reading was the fifth best in that timeframe, so that’s a double.

Meanwhile, according to Gfk German consumer confidence is up, while UK consumer confidence is down.

Why?

In part, the rise in the CBI index...Read More

Focus: GDP latest, the week of telling data draws nigh

There will be no IABN news next week. As a result, we thought we would take this opportunity to give you a quick summary of some of the key things to watch out in for our absence, as well as an update on the most recent developments.

UK GDP...Read More

Posted Aug 27, 2010

UK consumer confidence down whilst German confidence is on the rise

The CBI distributive trades index looked good last month. The index, produced by asking retailers if sales are up or down on last year, and taking one from the other, hit 35 in August, the fourth best reading since early 2004, which is when we first started monitoring this...Read More

Posted Aug 27, 2010

The three schools of economic thought

As you probably know there are three schools of economic thought, which relate to all this ‘recovery versus crisis’ stuff that is floating around at the moment.

There is the Keynesian view – which sees aggregate demand as the key to recovery from recession. In the 1930s, and today, consumers around...Read More

Posted Aug 26, 2010

German prudence scores over US spending

In the US things went from bad to worse yesterday, but in Germany it seemed like the complete opposite. Meanwhile, Ireland had a dollop of bad news. As for bonds, yields fell again, from a ridiculously low level, to even lower.

As you probably know there are three schools of economic...Read More

Posted Aug 26, 2010

Another perfect storm of economic discontent: could it be a trade war?

Yesterday was one of those busy days, a day in which economic indicators and statements by experts came together to form something of a perfect storm. Markets were spooked. Alas, the data gives good reason for their fears. This is what happened.

Weale warning

Martin Weale, Director at the National Institute of...Read More

Posted Aug 25, 2010

Businesses say: who needs banks anyway?

A number of developments are pointing towards an interesting stage in the world of corporate finance, and the somewhat less glamorous world of small business funding. It seems businesses are bypassing the banks.

This is how it used to work. Mr and Mrs Saver put their money in their bank...Read More

Posted Aug 24, 2010

First time buyers have never had it so good - Well at least that's true if you turn a blind eye to little things like facts

Oh what joy. Apparently, affordability has returned to the housing market. It’s down to cheap interest rates. The cost of mortgage payments as a percentage of income is now half the level seen in 2007, gushed the Halifax. And those silly first-time buyers; despite this, only 35 per cent are...Read More

Posted Aug 23, 2010

Public debt is really five times bigger than we think, says institute

Public debt is a lot worse than we are being told, says the Institute of Economic Affairs (IEA) – it reckons that once we include state pension deficit, then total state debt is around £4.8tn or 333 per cent of GDP. Are things really that bad? And if...Read More

Posted Aug 23, 2010

Think tank predicts interest rates will hit 8 per cent within two years

The respected economic think tank, the Policy Exchange, has predicted that UK interest rates will hit 8 per cent within two years. What are they saying? Are they right? If so, what does it mean?

The Policy Exchange’s chief economist, Andrew Lilico, is, to use the correct jargon, what’s known as...Read More

Posted Aug 23, 2010

Chermany leaves the rest of the world in its wake – but is it sustainable?

Another quarter, another set of GDP results are out. The star of the developed world was Germany, and for the developing regions of the world, once again it was China. Meanwhile, the rest of the developed world is left eating dust. Can it continue?

“One should not underestimate Europe” said...Read More

Posted Aug 18, 2010

The three schools of economic thought

As you probably know there are three schools of economic thought, which relate to all this ‘recovery versus crisis’ stuff that is floating around at the moment.

There is the Keynesian view – which sees aggregate demand as the key to recovery from recession. In the 1930s, and today, consumers around...Read More

Posted Aug 26, 2010

Focus: GDP latest, the week of telling data draws nigh

There will be no IABN news next week. As a result, we thought we would take this opportunity to give you a quick summary of some of the key things to watch out in for our absence, as well as an update on the most recent developments.

UK GDP...Read More

Posted Aug 27, 2010

German prudence scores over US spending

In the US things went from bad to worse yesterday, but in Germany it seemed like the complete opposite. Meanwhile, Ireland had a dollop of bad news. As for bonds, yields fell again, from a ridiculously low level, to even lower.

As you probably know there are three schools of economic...Read More

Posted Aug 26, 2010

Another perfect storm of economic discontent: could it be a trade war?

Yesterday was one of those busy days, a day in which economic indicators and statements by experts came together to form something of a perfect storm. Markets were spooked. Alas, the data gives good reason for their fears. This is what happened.

Weale warning

Martin Weale, Director at the National Institute of...Read More

Posted Aug 25, 2010

Sarkozy says to banks: come to France and leave that dirty City of London behind

Maybe this is a tad hypocritical, but after spending much of the last two years deprecating the evils of Anglo-Saxon banks, the French premier, a certain nearly headless Nick Sarkozy has begun a drive to lure those same banks from London to Paris.

The story goes that our Nick has been...Read More

Posted Aug 24, 2010

BHP Potash: the battle to feed three billion new souls

And then the world’s largest miner, BHP Billiton, made its bid for PotashCorp, the world’s largest producer of the mainly fertiliser product, potash. There’s a lot that makes this deal interesting. Firstly, there’s the question of how the demand for this product is set to explode over the next...Read More

Posted Aug 24, 2010

Manufacturing: exports still stuttering

The CBI brought much merriment with the release of its latest industrial trends survey. But there is a sting in the tail, and it relates to exports.

Responding to the latest CBI monthly Industrial Trends Survey, 21 per cent of manufacturers said that total orders were above normal and...Read More

Posted Aug 23, 2010

Does inflation practice to deceive?

The set is complete. This morning saw the latest inflation figures for the UK. With data for the US, Europe and China already out, it seems that the beast called inflation really can’t make up its mind. Part of it seems determined to strike with venom, another part remains firmly...Read More

Posted Aug 17, 2010

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