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.
Nathan Collier: Montana man inspired by same-sex marriage ruling requests right to wed two wives
Greece crisis: IMF was pushed around by Angela Merkel and Nicholas Sarkozy – and now it is being humiliated
Forget little green men – aliens will look like humans, says Cambridge University evolution expert
'I wish the BBC would stop calling it Islamic State' – David Cameron unleashes frustration at broadcaster
Greece crisis: The wider lesson is that it’s time to abandon this failed experiment in currencies
Girl, 7, stares down hate preacher at Ohio festival with pro-LGBT rainbow flag gesture
- 1 Nathan Collier: Montana man inspired by same-sex marriage ruling requests right to wed two wives
- 2 Van driver who comforted Clark Carlisle and called 999 after suicide attempt dies age 24
- 3 People all over the world are getting semicolon tattoos to draw attention to mental health
- 4 Baby rescued 1km out to sea after parents forgot about her
- 5 Greek debt crisis: The photograph that conveys the despair of Greece's elderly