News

The Bank of England’s flagship policy of forward guidance on interest rates will “evolve” next month, Mark Carney said yesterday, as he sought again to dampen expectations of an imminent rate rise.

Britain falls behind

Charles Piggott hears a call for the UK to re-invent itself or lose more ground to foreign rivals

UK falls in league table of world competitiveness

THE UNITED KINGDOM has dropped down the world competitiveness league table because of the strong pound, new employment regulations and its weakness in science and technology.

Outlook: Competitiveness

THERE IS something irresistible about league tables. Everyone loves peer group comparison. So it is with the annual competitiveness report from the World Economic Forum, which runs the annual Davos forum for the great and good in business. The same countries tend to cluster at the top and bottom year after year, but the UK is one of the those which moves up and down the international hit parade.

Outlook: Trade doldrums

THERE WAS a session at the World Economic Forum annual meeting in Switzerland last January on "global institutions" in which the representatives of a number of these organisations got up and congratulated each other on the quality of leadership at the international level, which, they said, had never been higher.

Arts: Leading from the front

Conducting takes up half Benjamin Zander's life. The rest is spent inspiring politicians, moguls, children. Anyone.

Roses are red, violets are blue. So what?

Valentine's Day comes at a time when a rash of new Darwinist thinkers are claiming that love is controlled by evolution. Do we have to listen? Of course not.

Brazil currency oversold, says Soros

GEORGE SOROS, the international financier, yesterday gave the struggling Brazilian currency a helping hand when he argued that the recent sell-off of the real had been overdone.

Millennium bug 'could end bull run'

THE MILLENNIUM bug could prove to be the shock that ends Wall Street's 12-year bull market, a senior US economist warned yesterday.

The Global Crisis: Sadly, there is no magic wand for us to fix it

`The most likely thing that will happen to the world economy will be a series of patches to the system'

City & Business: Giving the lie to the spins we live by

CHARLIE WHELAN may have stepped down as spokesman for the Chancellor of the Exchequer, Gordon Brown. Peter Mandelson may be busy selling his house in Notting Hill. But spinning - smoothing the bad news, positioning the good - is now so integral to our culture that it is bigger than any individual spinmeister.

World Economic Forum: Good reasons for US to be cheerful

IN RECENT YEARS there has been a consistent theme running like a thread through the annual meetings of the World Economic Forum. Amid the analysis of European Monetary Union, globalisation, the advance of the Internet into all areas of business and the emerging markets crisis, there has also been a growing air of American triumphalism.
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