Investment & Business News Headlines

Sarkozy calls for Tobin tax

Nicholas Sarkozy’s rise to power seems to have reached a new peak, for now our Nick is the most powerful man in the world – or sort of, anyway. He is the chairman of the G20. And he has a cunning plan to curb the power of banks.

Nearly headless Nick Sarkozy wants to see a new Tobin tax, that’s a kind of global tax on bank transactions. The critics are already lining up, but surely in this respect at least he is right.

The idea of a Tobin tax was first...Read More

Scientists give food warning

A new report compiled by taking the views of 400 people apparently in the know and from across the world, should be enough to scare the willies out of you.

The report is called The Future of Food and Farming, and was put together by the Government Office for Science in...Read More

Posted Jan 26, 2011

Scientists give food warning

A new report compiled by taking the views of 400 people apparently in the know and from across the world, should be enough to scare the willies out of you.

The report is called The Future of Food and Farming, and was put together by the Government Office for Science in...Read More

Posted Jan 26, 2011

Money illusion, myths, inflation and interest rates

The pound has been creeping up. Talk that interest rates will soon be rising is hitting a crescendo. They are connected, but the real danger right now lies with an illusion about money.

Back in October there were 1.13 euros to the pound. Over the last few day the exchange rate...Read More

Posted Jan 24, 2011

UK retail sales tumble

It was a bad, bad month for retail land in December.

Sales at all retailers fell 0.8 per cent in December on the month before, and annual growth was a big fat nothing – or zero.

Poor sales of fuel helped to distort the picture. It is not hard to see why....Read More

Posted Jan 24, 2011

Apple and Google profits come in at almost four times profits at Goldman Sachs

Time was when dotcoms sold vapourware, and enjoyed enormous valuations based on naive hope. They didn’t make money, they just sold a dream built on foundations of sand. Banks, on the other hand, were the definition of solid. That’s all quite ironic, for these days banks seem to be the...Read More

Posted Jan 24, 2011

Is Steve Jobs the core at Apple

One assumes you didn’t miss the latest results from Apple. To be honest, it is getting hard to keep track. Every year the company seems to set a new record, and we all know Apple’s growth has been extraordinary, but after a while you just get bored with using words...Read More

Posted Jan 20, 2011

Globalisation: How can the UK compete?

We are taking a sideways look at the economy today. China is rising, or is that risen? India is following in its wake. By 2050, PwC reckons the total GDP of the so-called E7, that’s Brazil, Russia, India, China, Indonesia, Mexico and Turkey, will be half as much again...Read More

Posted Jan 18, 2011

The three BPs: British Petroleum, Bolshoi Petroleum and British pensioners

You have to feel for Vlad Putin. You can imagine this issue has upset him so much that he is getting sleepless nights. Poor old Vlad, he was really upset over the way BP was treated in the US. Well, he can sleep better, because he has done his level...Read More

Posted Jan 17, 2011

Inflation fears rise, as economist tells Bank of England to hold its nerve

There was bad news on inflation last week, pretty much across the board. There was bad news in Europe, the US and the UK. David Cameron seems to have signed up to the hawk camp, fretting about rising prices and the plight of savers. But the fearmongering is Mickey Mouse...Read More

Posted Jan 17, 2011

Tunisia: where were the warnings from the IMF?

We all know economic forecasting, or is that economic guessing, is tricky. Economists are especially bad at predicting political turmoil. You may recall, back at the end of 1989 The Economist produced a one-off edition looking at the state of various economies at that time. The issue was published towards...Read More

Posted Jan 17, 2011

Money illusion, myths, inflation and interest rates

The pound has been creeping up. Talk that interest rates will soon be rising is hitting a crescendo. They are connected, but the real danger right now lies with an illusion about money.

Back in October there were 1.13 euros to the pound. Over the last few day the exchange rate...Read More

Posted Jan 24, 2011

Sarkozy calls for Tobin tax

Nicholas Sarkozy’s rise to power seems to have reached a new peak, for now our Nick is the most powerful man in the world – or sort of, anyway. He is the chairman of the G20. And he has a cunning plan to curb the power of banks.

Nearly headless Nick...Read More

Posted Jan 26, 2011

UK retail sales tumble

It was a bad, bad month for retail land in December.

Sales at all retailers fell 0.8 per cent in December on the month before, and annual growth was a big fat nothing – or zero.

Poor sales of fuel helped to distort the picture. It is not hard to see why....Read More

Posted Jan 24, 2011

Apple and Google profits come in at almost four times profits at Goldman Sachs

Time was when dotcoms sold vapourware, and enjoyed enormous valuations based on naive hope. They didn’t make money, they just sold a dream built on foundations of sand. Banks, on the other hand, were the definition of solid. That’s all quite ironic, for these days banks seem to be the...Read More

Posted Jan 24, 2011

UK jobs market, the race heads down

As you probably know, the UK jobs market is in something of a race at the moment. The public sector is losing jobs, the private sector is putting jobs on. The fortunes of the UK jobs market this year will depend on which of the two will be the greater.

The...Read More

Posted Jan 20, 2011

House prices: has the pendulum switched?

Something quite significant in the UK housing market may have happened in December. For the first time since December 2009, it appears new enquiries, that’s people coming in to estate agents and expressing an interest in buying, rose at a faster rate than new instructions, or so says the...Read More

Posted Jan 18, 2011

Inflation sees its biggest monthly increase in 8 years

CPI annual inflation – that’s the version of inflation the Bank of England is supposed to target and maintain at around 2 per cent, hit 3.7 per cent in December, up from 3.3 per cent in November. RPI annual inflation was 4.8 per cent, up from 4.7 per...Read More

Posted Jan 18, 2011

Now China is slated for Spanish rescue

The answer is: China is a currency manipulator. What’s the question? Sometimes it seems the conclusions that people like to draw are the same, regardless of what the intelligence says. And so it is, or at least this is what we reckon, that China gets hammered whatever it does.

You may...Read More

Posted Jan 14, 2011

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