The Independent | Business Comments and Opinions

Rupert Cornwell: It’s a lovely view from Jackson Hole but the only prospect detaining bankers is higher interest rates

Global Outlook Just how long, in Fed speak, is “a considerable time?” That was the all-important issue as the US Federal Reserve’s chairwoman, Janet Yellen, gave the now-traditional keynote speech yesterday at Jackson Hole, Wyoming – surely the most agreeable moment on the calendar of central bankers.

Mark Leftly: You hold constructive talks and then you cough up £224m

Westminster Outlook It emerged this week that the Massachusetts-based Raytheon has won a drawn-out legal fight with the Home Office. 

Mark Leftly: The tax guns will fall silent when American experts man our defences

Westminster Outlook Kevan Jones was one very unhappy Labour MP last Saturday. The shadow armed forces minister had just read our scoop that the US engineering giants Bechtel and CH2M Hill had won the critically important contracts to manage vast chunks of Defence Equipment & Support (DE&S). This is the Ministry of Defence agency that has a £14bn budget to buy all the military’s kit, from surveillance systems to submarine-hunting helicopters.

Upmarket British cars are the stars – abroad

Outlook And now for the good news: today’s figures from the Society of Motor Manufacturers and Traders. They reveal that since the start of the decade the UK car industry has exported five million vehicles. That is the best performance for any decade on record.

He who sups with Glencore should have a long spoon

Outlook Glencore is often portrayed as the pantomime villain not just of the grasping, greedy commodities sector but also of the wider financial markets.

Was Balfour Beatty’s rejection of Carillion’s offer a rash decision?

Outlook Balfour Beatty has resoundingly rejected Carillion’s tweaked £2bn all-share takeover offer. There’s little chance of a further rise in the offer or an outbreak of peace talks ahead of the “put up or shut up” deadline at 5pm today.

David Cameron should do some homework before sounding off about immigration and jobs

Economic View: His comments risk stoking the potent fear that immigrants are coming here and taking our jobs

Russell Lynch: In defence of Miles Roberts...

Outlook The superbly named Miles Roberts is in hot water this week over the £201,000 allowance paid to the DS Smith boss following the move of the packaging firm’s head office from Maidenhead to Euston Road – which actually shortened the commute of the Hertfordshire-based Mr Miles.

Russell Lynch: On the wrong track?

Outlook Rail fares will be higher than they should be for millions of commuters next January because of the number produced by a flawed measure of the cost of living, the retail prices index, which stood at 2.5 per cent in July.

Thanks to Help to Buy, builders are the new bankers

Outlook Recognise this story? An industry in difficulties, a hefty dose of public sector support, and then big bonuses for the management. But this time we’re not talking about bankers, but some of the UK’s biggest housebuilders.

Mitch Feierstein: Too little reform, central bank risk and banking fraud - have we not learnt anything?

Midweek View: The Federal Reserve has become a rogue hedge fund, taking massive, wildly speculative positions

Satyajit Das: The ECB’s ‘policy fireworks’ won’t have anyone turning cartwheels

Das Capital: The measures will support  markets but they are unlikely to restore economic activity

Superdry are one of Attraqt’s high-profile customers which has improved its online trading performance

David Prosser: Card payments remain unavailable for small businesses

Billions are lost by smaller firms that can’t offer a feasible mobile-phone payments service

Economists do not predict the future, and can't explain the past

The financial crisis surprised the 'experts'. Now they can't agree on the reasons for the recovery
Mark Carney lamented ‘remarkably weak’ pay growth at last week’s Inflation Report after claiming in May it could hit 2.5 per cent this year

David Blanchflower: The Bank now admits pay growth is going to be poor. They should have listened to me

The unprecedented collapse in real wages under the Coalition is even greater than in the period of the Great Recession from 2008 until the Coalition took office in May 2010

News
WATCH: The Independent's deputy business editor Jim Armitage provides a run-down of the day's major news from the City
News
Phones 4U stores will remain closed while talks continue with parties interested in acquiring the business
The mobile phone retailer’s demise is a tragedy for its employees, but just business sense for those responsible, Alex Lawson and Simon Read report
News
The Deputy First Minister of Scotland, Nicola Sturgeon (right), is joined by the leader of Welsh nationalist party Plaid Cymru Leanne Wood (centre) as they pass a bookmakers during a walk-about to meet the Scottish electorate
There’s a lot riding on Thursday’s poll, not least among bookmakers and punters such as Russell Lynch , who would like a referendum that makes them a little richer
News
Latest figures say export growth in Britain has slowed to its lowest point since April, while factory output is at its weakest since the start of 2013
The underlying trend in  factory output is its weakest since the start of 2003, writes David Blanchflower
News
Alex Salmond and the nationalists reject claims that Scotland's economy would suffer if the UK broke up
Ben Chu looks at what could happen if the 'yes' campaign triumphs in next week’s independence referendum
News
Emissions policies will raise the cost of steel making
As Europe pursues anti-pollution measures, steel producers are warning that steeper costs will drive customers away, writes Thomas Biesheuvel
News
Such an outcome would be the worst result for Scotland, says Mark Leftly
News
Samuel L Jackson at the annual event
The company donates its global revenues on the day to hundreds of charities
News
Véronique Laury takes over as Kingfisher’s chief executive from Sir Ian Cheshire in January
More than half the UK population is female but she will become only the fifth FTSE 100 female chief executive, says Laura Chesters
News
Whatever the outcome of the referendum north of the border, the basic structure of both the Scottish and English economies remains the same
The less-clear message is that holders of Scottish assets are wary of independence, writes Hamish McRae
News
The new iPhone 6 is displayed during an Apple special event in Cupertino, California.
Tim Cook, Rupert Murdoch and Arianna Huffington were among those to voice their thoughts
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs Money & Business

Sales Executive

£20 - 24k (Uncapped Commission - £35k Year 1 OTE): Guru Careers: We are seekin...

Payroll & Accounts Assistant

£20 - 24k + Benefits: Guru Careers: This is a great opportunity for an enthusi...

SQL Developer - Watford/NW London - £280 - £320 p/d - 6 months

£280 - £320 per day: Ashdown Group: The Ashdown Group have been engaged by a l...

Senior BA - Insurance **URGENT**

£400 - £450 Per Day: Clearwater People Solutions Ltd: **URGENT CONTRACT ROLE**...

Day In a Page

Mystery of the Ground Zero wedding photo

A shot in the dark

Mystery of the wedding photo from Ground Zero
His life, the universe and everything

His life, the universe and everything

New biography sheds light on comic genius of Douglas Adams
Save us from small screen superheroes

Save us from small screen superheroes

Shows like Agents of S.H.I.E.L.D are little more than marketing tools
Reach for the skies

Reach for the skies

From pools to football pitches, rooftop living is looking up
These are the 12 best hotel spas in the UK

12 best hotel spas in the UK

Some hotels go all out on facilities; others stand out for the sheer quality of treatments
These Iranian-controlled Shia militias used to specialise in killing American soldiers. Now they are fighting Isis, backed up by US airstrikes

Widespread fear of Isis is producing strange bedfellows

Iranian-controlled Shia militias that used to kill American soldiers are now fighting Isis, helped by US airstrikes
Topshop goes part Athena poster, part last spring Prada

Topshop goes part Athena poster, part last spring Prada

Shoppers don't come to Topshop for the unique
How to make a Lego masterpiece

How to make a Lego masterpiece

Toy breaks out of the nursery and heads for the gallery
Meet the ‘Endies’ – city dwellers who are too poor to have fun

Meet the ‘Endies’ – city dwellers who are too poor to have fun

Urbanites are cursed with an acronym pointing to Employed but No Disposable Income or Savings
Paisley’s decision to make peace with IRA enemies might remind the Arabs of Sadat

Ian Paisley’s decision to make peace with his IRA enemies

His Save Ulster from Sodomy campaign would surely have been supported by many a Sunni imam
'She was a singer, a superstar, an addict, but to me, her mother, she is simply Amy'

'She was a singer, a superstar, an addict, but to me, her mother, she is simply Amy'

Exclusive extract from Janis Winehouse's poignant new memoir
Is this the role to win Cumberbatch an Oscar?

Is this the role to win Cumberbatch an Oscar?

The Imitation Game, film review
England and Roy Hodgson take a joint step towards redemption in Basel

England and Hodgson take a joint step towards redemption

Welbeck double puts England on the road to Euro 2016
Relatives fight over Vivian Maier’s rare photos

Relatives fight over Vivian Maier’s rare photos

Pictures removed from public view as courts decide ownership
‘Fashion has to be fun. It’s a big business, not a cure for cancer’

‘Fashion has to be fun. It’s a big business, not a cure for cancer’

Donatella Versace at New York Fashion Week