In 1990 interest rates were at 15 per cent. You didn't need to be brain of Britain to know that rates at that level were not going to last. It should be easy, therefore, to look at interest rates today – standing at 0.5 per cent – and see this must be the bottom of the interest rate cycle, with little chance of them remaining at record lows in the medium to long term.
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Sunday 06 May 2012
Saturday 05 May 2012
Negative headlines shouldn't mean investors have to shun the eurozone.
Thursday 03 May 2012
Long-suffering punters in Cable & Wireless Worldwide (CWW) are getting the jitters. Last week their spirits were sky-high after it was revealed that – having already had the put-up-or-shut-up deadline extended three times – Vodafone had decided to make a bid for the telecoms firm.
Monday 30 April 2012
Sunday 29 April 2012
All of Europe cannot be cut back at once without sucking the life out of the economy
Friday 27 April 2012
Thursday 26 April 2012
Politicians have long got it into their heads that the public most admire politicians of total conviction. U-turns are for wimps. Regrets are for fools. Saying "I'm not sure, what do you think?" is deemed professional suicide, even if that's what good professionals in other spheres say 20 times a day.
Friday 20 April 2012
Spain cleared a hurdle in the capital markets yesterday as it successfully issued new debt at an auction. But analysts continued to warn that Madrid's borrowing costs remain too high to be sustainable.
Tuesday 17 April 2012
Panicking investors sent Spain's cost of borrowing above 6 per cent yesterday, pushing the country closer towards a bailout.
Monday 16 April 2012
Spain's cost of borrowing on the international debt markets rose sharply again today, increasing worries it may become the latest member of the eurozone to seek a financial bailout.
Friday 13 April 2012
Umeco, the manufacturer behind the strong but light composite material used to build every Formula One car on the grid, was yesterday sold to a rival for £274m.
Wednesday 11 April 2012
Unsettled investors moved cautiously around the London market today after renewed fears over the eurozone debt crisis triggered a massive sell-off across the globe.
Sunday 08 April 2012
Saturday 07 April 2012
Friday 06 April 2012
The US government froze the assets of six Chinese citizens and one company charged with trading on confidential information that a China-based pork processor, Zhongpin Inc, was about to go private.
Ukip supporters are 55 or older, white and socially conservative, finds British Social Attitudes Report
JK Rowling responds to fan tweeting she 'can't see' Dumbledore being gay
Street preacher quoting from the Bible fined for calling homosexuality an 'abomination'
Jeremy Clarkson sacked live: Alan Yentob 'wouldn't rule out' ex Top Gear host's BBC return
Woman filmed launching racist tirade against men on the Tube for speaking in 'own lingo'
The West has it totally wrong on Lee Kuan Yew
- 1 Germanwings crash: Captain of doomed plane was only 'on board because he changed job to spend more time with his children'
- 2 Ohio Democrat Teresa Fedor speaks out during abortion debate to reveal she has been raped – and is interrupted by laughter from Republicans
- 3 Gamers confess the worst things they've done in The Sims
- 4 Germanwings crash: 'Andreas Lubitz planned to marry pregnant girlfriend', claims German report
- 5 Germanwings plane crash: Transcript reveals passengers 'screamed for over five minutes' before plane crashed into mountain