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The great interest rate rip off part 10


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Blood Industry Shrinks as Transfusions Decline

 

By MATTHEW L. WALD

 

 

Medical advances have increased efficiency, but the trend is forcing an enormous wave of mergers and job cutbacks.

 

 

 

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Emon Hassan for The New York Times

 

Donating at a Red Cross drive in Manhattan. Changes in cancer therapy and surgery have helped reduce the demand for blood.

 

 

 

 

 

 

 

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Michael Bloomberg’s Harder Sell

 

By LANDON THOMAS Jr. 12:00 PM ET

 

Stepping up his philanthropy, the former mayor of New York still pushes big ideas, but on a much wider stage. Turkey’s smoking rate is just one of his targets.

 

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Raising a Glass to American Upstart Distillers

 

By CLAY RISEN 11:00 AM ET

 

With a burst of new flavors and styles, boutique American whiskeys and gins are making a splash in a once-staid global market.

 

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Efforts to Revive Rich California Mine Hit Strong Resistance

 

By CAROL POGASH

 

Where forty-niners once roamed, a plan to dig up 240,000 ounces of gold is vehemently opposed by local residents who fear damage to the environment and their way of life.

 

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Fed Chief Sees Not Enough Data to Raise Rates

 

By BINYAMIN APPELBAUM

 

At her first keynote speech for the Federal Reserve’s annual conference, Janet Yellen says she wants to see more evidence of a labor market recovery.

 

 

Bits Blog

 

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U.S. Finds ‘Backoff’ Hacker Tool Is Widespread

 

By NICOLE PERLROTH 25 minutes ago

 

The Department of Homeland Security said that more than 1,000 businesses had been infected with the cash register malware used in the Target data breach and others, leading to the theft of data from millions of customers’ payment cards.

 

The Workologist

 

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Declining a Work Assignment, With Finesse

 

By ROB WALKER

 

A government worker on short-term duty with a different agency asks the Workologist how to tell the supervisor that an assigned task is one too many.

 

Vocations: The Baseball Groundskeeper

 

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How to Polish a Baseball Diamond

 

By PATRICIA R. OLSEN

 

The director of field operations for the San Diego Padres says his job involves both art and science.

 

Datapoints

 

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Two Countries, Two Vastly Different Phone Bills

 

By ANNA BERNASEK

 

If your monthly cellphone bill seems high, it may be because American cellphone service is among the most costly in the world. A comparison of two phone plans.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Janet Yellen signals US interest rates may rise sooner than anticipated

 

Janet Yellen, head of the US Federal Reserve, yesterday moderated her dovish stance on the amount of slack in the US economy, signalling the possibility that interest rates could rise sooner than previously thought.

 

 

Co-op Bank customers rush for the exit amid ‘whirlwind of bad publicity’

 

 

 

 

City underwriters cash in on LSE’s £938m rights

 

 

 

 

Activist calls shareholder meeting in bid to ‘scale the ramparts’ at Electra

 

 

 

 

Another day, another sale at RSA

 

 

 

 

First-time buyers £1,300 richer than if they rented

 

 

 

 

Energy companies blame Labour's price freeze plan for keeping prices high

 

 

 

 

Amazon prepares to hire extra staff for Christmas season

 

 

 

 

Argentina blasts judge Griesa over 'imperialist' remarks in debt dispute

 

 

 

 

Scottish Independence: HSBC chairman Douglas Flint warns Yes vote risks capital flight

 

 

 

Ever felt that financial forecasters are making it up as they go along?

 

If so, you are worryingly accurate, as the most important economic measure can only be guessed at

Rupert Cornwell: It’s caught in a trap and now Italy can’t just muddle through

 

 

 

 

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

 

 

 

 

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

 

 

 

 

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

 

 

 

 

Upmarket British cars are the stars – abroad

 

 

 

 

He who sups with Glencore should have a long spoon

 

 

 

 

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

 

 

 

 

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

 

 

 

 

Russell Lynch: In defence of Miles Roberts...

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Raising a Glass to American Upstart Distillers

 

By CLAY RISEN

 

 

With a burst of new flavors and styles, boutique American whiskeys and gins are making a splash in a once-staid global market.

 

 

 

24-DISTILLSUB-sfSpan.jpg

Hazel Thompson for The New York Times

 

At a London bar, martinis made with a gin from Smooth Ambler of West Virginia, left, and with a barrel-aged gin from F.E.W. of Illinois.

 

 

 

 

 

 

 

24-BLOOMBERG-JP1-thumbStandard-v2.jpg

Michael Bloomberg’s Harder Sell

 

By LANDON THOMAS Jr.

 

Stepping up his philanthropy, the former mayor of New York still pushes big ideas, but on a much wider stage. Turkey’s smoking rate is just one of his targets.

 

rfdtv-polka-comcast-tw-thumbStandard-v2.jpg

TV Chief Takes 2-by-4 to a Proposed Cable Merger

 

By EMILY STEEL

 

Patrick Gottsch, the chairman of the Rural Media Group, has become one of the most vocal critics of Comcast’s proposed $45 billion purchase of Time Warner Cable.

 

 

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Bid to Expand Medical Marijuana Business Faces Federal Hurdles

 

By DAVE PHILIPPS

 

The federal government has offered few clues as to whether it would allow interstate sales by medical cannabis growers, highlighting the fraught landscape of conflicting laws.

 

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A Driving School in France Hits a Wall of Regulations

 

By SUZANNE DALEY

 

Experts say the struggle of two entrepreneurs highlights how the myriad rules governing driving schools — and 36 other highly regulated professions — stifle competition and inflate prices in France.

 

The Workologist

 

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Declining a Work Assignment, With Finesse

 

By ROB WALKER

 

A government worker on short-term duty with a different agency asks the Workologist how to tell the supervisor that an assigned task is one too many.

 

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How to Polish a Baseball Diamond

 

By PATRICIA R. OLSEN

 

The director of field operations for the San Diego Padres says his job involves both art and science.

 

Datapoints

 

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Two Countries, Two Vastly Different Phone Bills

 

By ANNA BERNASEK

 

If your monthly cellphone bill seems high, it may be because American cellphone service is among the most costly in the world. A comparison of two phone plans.

 

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John F. Akers, 79, Dies; Led IBM as PCs Ascended

 

By RICK ROJAS and STEVE LOHR

 

Mr. Akers became chief executive in 1985, as smaller, less expensive computers started to undercut the company’s lucrative mainframe computer business.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

23 August 2014 Last updated at 00:29

 

 

BT warns of rise in phone bills_77120149_bt.jpg

 

BT warns millions of customers it is increasing prices by up to 6.5% from December this year. 635

 

 

_77107004_tv022169759.jpgFed says 'slack' in US jobs market

 

US Federal Reserve chair Janet Yellen says there is still "remaining slack in the labour market".

 

 

 

_77118747_180920708.jpgBuying '£1,300 cheaper than renting'

 

First-time buyers save £1,300 a year by taking out a mortgage rather than renting, according to Britain's largest lender, the Halifax.

 

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Boom in 30-year mortgages as house prices spiral

 

housekeys_2760575g.jpg

Borrowers warned they risk a lifetime in debt as a record number of longer-term loans are taken out

156 Comments

Pharma bidding war: Roche to pay $8.3bn for InterMune

 

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All-cash deal will give Swiss company access to $1bn lung disease drug

Comment

Al Gore invests in OVO Energy ahead of stock market listing

 

gore-ap-article_1498960g.jpg

OVO Energy has raised £8m in growth capital from former US vice president Al Gore as it prepares to ramp up its battle against the incumbent energy giants

27 Comments

Bank of England's deputy governor: Low pay growth here to stay

 

BROADBENT_2010141g.jpg

Earnings growth has failed to beat inflation over the past five years. Now Ben Broadbent, of the Bank of England, suggests that wage growth has permanently "shifted downwards"

230 Comments

City poised for wave of flotations after summer lull

 

jimmy_1713553g.jpg

Jimmy Choo, the upmarket shoe brand; the RAC, the breakdown service; and United Biscuits, are preparing to announce plans to go public.

2 Comments

Growth fund to give furniture chain a boost

 

Range_Dune_range_3015778g.jpg

The Business Growth Fund will put £6m into furniture retailer Furniture Village, taking a minority stake in the company

2 Comments

Cruise operator’s first leap for outside cash

 

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Riviera Travel is looking to bring in outside investment after growing its revenues by 25pc last year

Comment

Slimmed down LA fitness appoints new chairman

 

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Speculation is growing about a potential sale of the remaining LA fitness business which has shed 33 clubs through a company voluntary arrangement

Comment

Itsu sharpens chopsticks ahead of American expansion plan

 

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Itsu aims to open its doors on the East Coast next year, tapping into demand for affordable, healthy food

Comment

US hedge funds tighten grip on Punch Taverns

 

pint2_jpg_1870654g.jpg

Two New york hedge funds will increase their control of Britain's second biggest pubs landlord despite a debt-for-equity swap which will dilute existing shareholders

 

 

Beam me up, Scotty, the market looks risky

 

The fine line between boldness and foolishness

 

First-time buyers warned over using buy-to-let mortgages

 

couple-lettings-ag_2750107g.jpg

Some first-time homebuyers pretend to be landlords in order to get a loan – but lenders have wised up to the ploy

42 Comments 'Dear customer, sorry to hear you're dead'

 

 

 

 

The 11 cheapest 'value' Aim shares

 

 

 

 

Britain's 10 cheapest 'value' shares

 

 

 

 

Fresh inquiry into 'unjustified' hidden fund charges

 

 

 

 

Eight days to claim an average £200

 

 

 

 

'I'm buying drug shares for the first time in 11 years'

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Balfour ready to hike asset values to calm shareholders after deal failure

 

Stakes in hospitals and schools to be revalued from £766m to more than £1.2bn

 

 

Sterling’s strength and political crises hit profits at WPP

 

 

 

 

Tesco urged to split itself in three to fend off challenge from rivals

 

 

 

 

New beer to put cheer back into Eastbourne following pier fire

 

 

 

 

Janet Yellen signals US interest rates may rise sooner than anticipated

 

 

 

 

Co-op Bank customers rush for the exit amid ‘whirlwind of bad publicity’

 

 

 

 

City underwriters cash in on LSE’s £938m rights

 

 

 

 

Activist calls shareholder meeting in bid to ‘scale the ramparts’ at Electra

 

 

 

 

Another day, another sale at RSA

 

 

 

 

First-time buyers £1,300 richer than if they rented

 

 

 

David Blanchflower: The inflation nutters are on the march again – and they are as wrong as ever

 

Martin Weale voted for rate rises in 2011 but his predictions of rising inflation did not materialise

 

Ever felt that financial forecasters are making it up as they go along?

 

 

 

 

Rupert Cornwell: It’s caught in a trap and now Italy can’t just muddle through

 

 

 

 

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

 

 

 

 

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

 

 

 

 

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

 

 

 

 

Upmarket British cars are the stars – abroad

 

 

 

 

He who sups with Glencore should have a long spoon

 

 

 

 

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

 

 

 

 

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

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Stocks rally on ECB stimulus bet; dollar gains

 

FXpert 8:06pm BST

 

Lonmin CEO denies job cuts plan, says focus is on ramp up

 

7:28pm BST

 

Roche to buy U.S. biotech firm InterMune for $8.3 billion | btn_rel_video.gif

 

6:26pm BST

 

More weak German data as French government implodes on euro zone policy split

 

4:31pm BST

 

Burger King in talks to buy Tim Hortons - source | btn_rel_video.gif

 

4:30pm BST

 

Russia orders temporary closure of one more McDonald's restaurant

 

3:39pm BST

 

Japan Tobacco not planning M&A in e-cigarette business now - CEO

 

Japan 1:59pm BST

 

Exclusive - Portugal's Espirito Santo clan in 11th-hour borrowing spree in 2014 - sources

 

1:48pm BST

 

Germany will back Spain's de Guindos as Eurogroup head - Merkel

 

Spain 1:07pm BST

 

About-face for ECB's Draghi as he seeks to jolt euro zone into life

 

12:39pm BST

 

China tells German auto suppliers to find partners - paper

 

12:18pm BST

 

Euro zone bond yields dive as Draghi comments feed QE speculation

 

11:49am BST

 

German business morale sours in August as Ukraine crisis weighs

 

11:11am BST

 

Merkel says Ukraine crisis is hurting German economy

 

11:11am BST

 

BoJ's Kuroda expects ECB to act if deflation threat appears -Corriere della Sera

 

Japan 10:18am BST

 

Taiwan's Wei family to buy cable TV operator CNS for $2.4 billion -sources

 

10:15am BST

 

Euro falls, stocks rise on ECB stimulus bet

 

9:59am BST

 

Sony says PlayStation network back online, user information safe after attack

 

Cyber Crime 9:52am BST

 

Lufthansa shares down as strike threat weighs

 

Aerospace & Defence 9:15am BST

 

Russian economy minister calls for looser fiscal policy

 

8:50am BST

 

Taiwan's Wei family to buy cable TV operator CNS for $2.4 billion -sources

 

8:04am BST

 

Heinz recall brings food tracking issue to the fore in China

 

6:04am BST

 

Europe fears deflation as Ukraine stays centre-stage

 

4:58am BST

 

China sets up $3.3 billion aviation investment fund-report

 

Aerospace & Defence 4:45am BST

 

China to launch unified securities account platform from October 1

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

25 August 2014 Last updated at 16:15

 

 

UK's 'most desirable' areas revealed_77145811_477991909.jpg

 

The most desirable areas in which to live across England, Scotland and Wales are revealed by Royal Mail.

 

 

_77155746_hi023374346.jpgBurger King and Tim Hortons in talks

 

Fast-food giant Burger King says it is in takeover talks with Tim Hortons, the Canadian coffee and doughnut chain.

 

 

 

_77158614_123.jpgPreferred bidder chosen for shipyard

 

Jim McColl's Clyde Blowers Capital is announced as the preferred bidder for the troubled Ferguson Shipbuilders in Port Glasgow.

 

 

 

Watch/Listen

 

 

 

 


  • 1
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Other Top Stories

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

 

 

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Future of Export-Import Bank Is Wild Card in Key Senate Races

 

By CARL HULSE 1:45 PM ET

 

 

The reauthorization of the agency that offers loans to foreign buyers of American products has become a source of friction in high-profile campaigns.

 

 

 

26exim-pic1-sfSpan.jpg

Erin Brethauer for The New York Times

 

Senator Kay Hagan, Democrat of North Carolina, is a strong backer of the Export-Import Bank. Her Republican opponent, Thom Tillis, opposes it.

 

 

 

 

 

 

26twitch-web1-thumbStandard.png

Amazon Nears a Deal for Twitch Streaming Service for Gaming

 

By NICK WINGFIELD 29 minutes ago

 

Amazon is expected to pay more than $1 billion for Twitch, which had earlier held talks with Google’s YouTube about a deal.

 

DealBook

 

25burger-thumbStandard.jpg

Burger King in Talks to Buy Tim Hortons and Move to Canada

 

By MICHAEL J. DE LA MERCED 11:58 AM ET

 

If completed, the deal would create one of the world’s biggest fast-food chains. It would also mean the burger giant’s headquarters would move to Canada, which has a lower corporate tax rate.

 

 

 

NURSING-2-thumbStandard-v2.jpg

Medicare Star Ratings Allow Nursing Homes to Game the System

 

By KATIE THOMAS

 

Medicare’s five-year-old rating system to help families select nursing homes relies on unverified, incomplete and often misleading data.

 

 

DealBook

 

S.&P. 500 Crosses 2,000 for First Time

 

By NATHANIEL POPPER 12:55 PM ET

 

The new high for the Standard & Poor’s 500-stock index is only the latest sign of the buoyancy in the financial markets.

 

Data-thumbStandard-v2.jpg

Bearing Down on Data Upstarts

 

By QUENTIN HARDY

 

Box, Dropbox and Hightail are rethinking their core business models, focusing on specific industries or bolstering customer service.

 

25FedjpSUB1-thumbStandard.jpg

Central Bankers’ New Gospel: Spur Jobs, Wages and Inflation

 

By BINYAMIN APPELBAUM

 

The world’s central bankers made clear at an annual policy conference in Wyoming that they were focused on raising employment and wages.

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Scotland ‘should not take on UK debt’ unless it can keep pound

 

scot_2109463g.jpg

Yes campaign’s economist plots way ahead if Westminster refuses to share sterling

2674 Comments German economy 'losing steam' as business confidence plunges again

 

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Survey of optimism among companies adds to gloom enveloping Europe's biggest economy

93 Comments

Burger King plans to move HQ to Canada

 

burger_king_1447724g.jpg

Fast food chain becomes latest US company to explore moving tax base as part of deal

12 Comments

London housing market put into reverse gear by surge in supply

 

to-let-signs_2213111g.jpg

Data from estate agent group Sequence says new houses on the market increasing three times faster than new buyers

50 Comments

UK's richest man pushes for better trade links with India

 

hinduja_3016209g.jpg

Gopichand Hinduja says the UK should give India preferential treatment ahead of Nick Clegg's arrival in New Delhi

27 Comments

Ecclestone puts foot down over bank settlement

 

bernie-ecclestone_2234605g.jpg

F1 boss refuses to settle with German bank over undervaluation allegations

34 Comments

Eurozone and interest rate uncertainty hold back business investment

 

money_2196794g.jpg

Institute of Chartered Accountants in England and Wales say small businesses reluctant to borrow despite improving trust in banks

19 Comments

Half of homeowners fear interest rate rise

 

housekeys_2760575g.jpg

Borrowers concerned about extra £590 in repayments if interest rates rise

164 Comments

 

Big Six challenge watchdog’s approach to energy probe

 

The-Big-6_2864163g.jpg

Firms express concern about probe by the Competition and Markets Authority

4 Comments

Roche to pay $8.3bn for InterMune

 

pills_2256706g.jpg

All-cash deal will give Swiss company access to $1bn lung disease drug

 

 

Why the financial industry is so worried about Scottish independence

 

Fractures in Gulf alliance a greater threat to oil security than Islamic State

 

Npower 'improving': customers say otherwise

 

lightbulb_2605492g.jpg

The troubled energy firm wants to resolve 90pc of complaints on the first contact, but it's still falling a long way short

5 Comments First-time buyers warned over using buy-to-let mortgages

 

 

 

 

108-year-old: 'I doubled my money in 1929 crash. I'm still winning'

 

 

 

 

'Dear customer, sorry to hear you're dead'

 

 

 

 

British families billed £500 – to prevent Americans dodging tax

 

 

 

 

The 11 cheapest 'value' Aim shares

 

 

 

 

Fresh inquiry into 'unjustified' hidden fund charges

 

 

 

 

BT's price rises could 'tip people over the edge'

 

bills_2684840g.jpg

 

The Chief Executive of Money Advice Trust Joanna Elson, says BT's warning of increasing phone bills will make life "more difficult" for those who are already struggling with expenses

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Breaking news

 

 


 

 

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Burger King confirms Tim Hortons $11bn whopper deal

 

Fast food giant will pay about $11 billion to buy Canadian coffee and doughnut chain Tim Hortons

 

Markets prepare for money taps to be turned on in the eurozone

 

 

 

 

Bill Ackman gets super sized payout from Burger King deal

 

 

 

 

WPP’s Sir Martin Sorrell warns over Ukraine tensions

 

 

 

 

Russian watchdog closes fifth McDonald's restaurant amid Ukraine tensions

 

 

 

 

Burger King backlash over whopper 'tax inversion' deal with Tim Hortons

 

 

 

 

Burger King to gobble doughnut chain Tim Hortons

 

 

 

 

Mulberry rival Village England bags first London store

 

 

 

 

Deloitte partners feel the squeeze despite increase in revenues

 

 

 

 

First annual rise in advertised salaries since recession

 

 

 

David Blanchflower: The inflation nutters are on the march again – and they are as wrong as ever

 

Martin Weale voted for rate rises in 2011 but his predictions of rising inflation did not materialise

 

Ever felt that financial forecasters are making it up as they go along?

 

 

 

 

Rupert Cornwell: It’s caught in a trap and now Italy can’t just muddle through

 

 

 

 

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

 

 

 

 

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

 

 

 

 

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

 

 

 

 

Upmarket British cars are the stars – abroad

 

 

 

 

He who sups with Glencore should have a long spoon

 

 

 

 

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

 

 

 

 

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

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Fund managers look to make room for Alibaba

 

7:45pm BST

 

Star trader Rokos slugs it out with hedge fund he co-founded

 

7:10pm BST

 

WHO urges stiff regulatory curbs on e-cigarettes

 

6:28pm BST

 

RBS to be fined by regulator over mortgage advice - sources

 

6:28pm BST

 

Global stocks gain on ECB stimulus hopes, U.S. data

 

FXpert 6:16pm BST

 

Atlas Mara to re-list after $300 million fundraising

 

Africa 6:00pm BST

 

Argentina revokes Bank of New York Mellon's authorization to operate

 

5:41pm BST

 

U.S. judge dismisses LME from aluminium price-fixing lawsuits

 

5:39pm BST

 

FTSE gains ground as financials rally | btn_rel_video.gif

 

FXpert 5:05pm BST

 

UBS Wealth ramps up allocation to North American stocks, cuts Europe

 

5:04pm BST

 

Exclusive: Chipmaker Qualcomm may face EU antitrust probe - sources

 

4:45pm BST

 

Burger King to buy Canada's Tim Hortons

 

4:41pm BST

 

Canada to study Burger King-Tim Hortons deal for net benefit

 

4:41pm BST

 

FCA criticised for demanding personal pledges

 

4:27pm BST

 

Lonmin says no decision yet on size and shape of restructuring

 

4:16pm BST

 

Rolls-Royce completes 1.93 billion pound acquisition of RRPS

 

4:09pm BST

 

Petrofac forecast in doubt after first-half profit nearly halves

 

2:51pm BST

 

WPP says Ukraine tensions won't hit advertising spending | btn_rel_video.gif

 

2:09pm BST

 

Standard Chartered looking to sell part of UAE business - sources

 

Middle East 1:10pm BST

 

Standard Chartered looking to sell part of UAE business - sources

 

Middle East 1:05pm BST

 

British banks approve fewer home loans in July - BBA

 

UK 12:37pm BST

 

Russian food safety regulator shuts fifth McDonald's restaurant

 

12:14pm BST

 

BOJ to stay bullish on prices even as it cuts Japan GDP estimate - sources

 

Japan 12:13pm BST

 

About-face for ECB's Draghi as he seeks to jolt euro zone into life | btn_rel_video.gif

 

12:02pm BST

 

China fund defaults expose foreign partners to shadow banking risk

 

11:32am BST

 

Rio Tinto seeks Oct-Dec aluminium premium of $420 per tonne from Japan buyers

 

Japan 11:29am BST

 

Vienna Insurance trebles second-quarter pretax profit

 

11:28am BST

 

Indian court's coal block ruling may have wider economic impact | btn_rel_video.gif

 

11:13am BST

 

Russian Economy Ministry hikes inflation forecast, cuts 2015 growth

 

11:05am BST

 

BOJ to keep inflation view even as it cuts GDP estimate -sources

 

Japan 11:03am BST

 

Rising North American plane demand boosts leasing market -BOC Aviation

 

Aerospace & Defence 10:58am BST

 

Only one in six German Mittelstand firms say standoff with Russia hurting them

 

10:51am BST

 

China police seize 30,000 tonnes of tainted chicken feet

 

10:46am BST

 

China corruption watchdog investigating execs at Volkswagen JV

 

10:41am BST

 

VW says group sales up 6.7 percent in July on Europe, China gains

 

10:39am BST

 

Indebted Dutch engineer Imtech to issue shares, cut jobs

 

10:36am BST

 

China Southern downgrades first-class in name due to anti-corruption drive

 

Aerospace & Defence 10:32am BST

 

India regulator fines carmakers $420 million for anti-competitive practices

 

9:56am BST

 

Assets flat, Polish data, Hungarian central bank watched

 

9:43am BST

 

Japan govt turns more cautious on weak factory output

 

Japan 9:35am BST

 

Office provider Regus to open 450 new centres in 2014

 

9:31am BST

 

WPP's Sorrell says Russia-Ukraine is new major geopolitical concern

 

9:17am BST

 

Chinese antitrust regulator targets Microsoft's web browser, media player

 

9:05am BST

 

Telecity boss Tobin to step down

 

8:37am BST

 

Bunzl revenue growth wiped out by strong pound

 

8:35am BST

 

Accor eyes higher profit despite weak France

 

8:23am BST

 

UTV Media gets first-half revenue kick from World Cup

 

Sport 8:14am BST

 

AT&T's DirecTV bid nearing approval - NY Post

 

7:59am BST

 

Millionaire investors catch Australia's high-yield express

 

Australia 6:50am BST

 

Indian economy likely grew faster in April-June quarter - Reuters Poll

 

6:43am BST

 

Australian clothes retailers focus on costs, brands as profits fall

 

Australia 5:20am BST

 

Amazon snaps up live video startup Twitch for $970 million

 

5:11am BST

 

Twitch gamers lead online march to live video streaming

 

5:11am BST

 

Microsoft sales of media player, web browser "problematic" - Chinese regulator

 

4:38am BST

 

Australian billionaire politician apologises for TV tirade over China

 

Australia 3:17am BST

 

Amazon snaps up live video startup Twitch for $970 million

 

12:29am BST

 

Growth in UK services companies slows in three months to August - CBI

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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26 August 2014 Last updated at 19:29

 

 

RBS to get £15m mortgage advice fine_77179881_hi001438449.jpg

 

Royal Bank of Scotland is to receive a £15 fine from the Financial Conduct Authority on Wednesday - the latest in a series of fines for the troubled bank.

 

 

_77173059_hi023374346.jpgBurger King and Tim Hortons to merge

 

Burger King confirms that it plans to merge with Tim Hortons, the Canadian coffee and doughnut chain.

 

 

 

_77168650_v50t3udo.jpgSavings up as new rules take effect

 

High Street banks have reported a rise in savings deposits in July following the launch of New Individual Savings Account rules.

 

 

 

Other Top Stories

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Napa Mops Up Wine and Tallies Its Losses After Quake

 

By CONOR DOUGHERTY, IAN LOVETT and ADAM NAGOURNEY 11:53 AM ET

 

 

The Napa Valley quake wreaked havoc with California wineries, but as they assessed the damage, there were signs the impact may not have been as bad as it first appeared.

 

 

 

 

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By Sean Patrick Farrell on August 26, 2014. Jim Wilson/The New York Times

 

 

 

 

 

 

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World Health Organization Urges Stronger Regulation of Electronic Cigarettes

 

By DAVID JOLLY and SABRINA TAVERNISE 10:39 AM ET

 

Governments should ban the use of e-cigarettes in public places, the organization said in a report, and prohibit claims of any health benefits until their effects are better known.

 

 

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U.S. Economy Shows Renewed Strength

 

By NELSON D. SCHWARTZ 1:31 PM ET

 

New data suggests an increased demand by businesses for manufactured goods in July, as well as rising consumer confidence.

 

 

DealBook

 

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Burger King to Buy Tim Hortons for $11.4 Billion

 

By MICHAEL J. DE LA MERCED 11:34 AM ET

 

As part of the $11.4 billion deal to create one of the biggest fast-food operations in the world, the American burger giant will move its home to Canada, where Tim Hortons is based.

 

 

 

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Grain Piles Up, Waiting for a Ride, as Trains Move North Dakota Oil

 

By RON NIXON

 

Energy exploration in North Dakota is creating a crisis for farmers whose grain shipments have been held up by a vast new movement of oil by rail.

 

 

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What’s Twitch? Gamers Know, and Amazon Is Spending $1 Billion on It

 

By NICK WINGFIELD

 

Twitch, a hugely popular streaming video service, has helped turn gaming into a spectator event as much as a participatory activity.

 

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Europe will be Russia's hostage over gas supplies for a decade

 

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Policymakers will have no choice but to continue buying gas from Russia until at least the mid-2020s and "potentially much longer", according to Fitch

32 Comments RBS to pay £15m fine over mortgage selling

 

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Financial Conduct Authority to fine the bank on Wednesday over claims staff were improperly trained

5 Comments

Saudi and Iran sound petrol price warning for British motorists

 

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Middle Eastern superpowers claim weakness in oil prices will be shortlived

130 Comments

Another house price surge around the corner

 

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House prices in the South-east, Midlands and the North are expected to get their "second wind"

213 Comments

Scottish independence vote could prompt pensions crisis

 

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If Scotland votes Yes this September, EU pension rules could threaten the cash flow of the UK's largest companies, warns JP Morgan

316 Comments

Heathrow supporters fear Boris Johnson on their doorstep

 

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Supporters of a controversial third runway at Heathrow say Boris Johnson's quest to become the Conservative candidate for Uxbridge and South Ruislip at the next General Election is a "slap in the face" to more than 100,000 people who rely on the airport for employment

4 Comments

WPP ravaged by strong pound

 

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World's largest advertising groups grows ahead of rivals but sees caution from brands over conflicts in Ukraine and Middle East

6 Comments

French hotel giant Accor checks into UK property as rivals check out

 

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Hotel group behind Ibis, Mercure and Novotel brands buys 13 UK hotels as part of a strategy to take ownership of properties it currently leases

Comment

Strong sterling hits Bunzl's results

 

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International outsourcer and logistics group Bunzl says strong pound has "significantly decreased" its growth

1 Comment

Warren Buffett throws weight behind Burger King deal

 

Warren Buffett takes sides in tax inversion debate as he invests $3bn in Burger King's controversial $11bn play for Tim Hortons

US politicians will flip out as Burger King flips HQ

 

HMRC powers to raid bank accounts could see return to 'cash under the mattress'

 

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Building societies are warning people will cash in their savings if HMRC becomes "judge, jury and executioner"

12 Comments How to buy a house that will make you a millionaire

 

 

 

 

Where to find the best cash 'Super Isa' rates

 

 

 

 

Make everyone file a tax return – lesser of two evils?

 

 

 

 

Scottish Power blunders continue to pile up

 

 

 

 

Can you earn 65pc on a wood-burning boiler?

 

 

 

 

Erasure's Andy Bell: 'My Spanish villa is biggest drain'

 

 

 

 

Make everyone file a tax return - lesser of two evils?

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Breaking news

 

 

 

 

 

 

 

 

 

All today's stories

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Ex-Porsche boss faces trial over failed VW takeover scandal

 

Wendelin Wiedeking to stand trial for alleged share price manipulation

 

Snapchat valued at $10 billion after Kleiner Perkins investment

 

 

 

 

Burger King buys Tim Hortons: Warren Buffett defends deal against tax inversion criticism

 

 

 

 

Ryanair launches business class in customer service overhaul

 

 

 

 

Christine Lagarde placed under formal investigation over 'negligence' in Tapie fraud case

 

 

 

 

Evraz warns over impact of Ukraine unrest

 

 

 

 

Royal Bank of Scotland fined £14.5m over unsuitable mortgage advice

 

 

 

 

Golden goodbye: £45,000 in careers advice for City boss

 

 

 

 

Russia 'close to recession' due to sanctions as West fears trade damage

 

 

 

 

Tycoon friend of Arnold Schwarzenegger, Sylvester Stallone and Bruce Willis in row over Hard Rock Cafe

 

 

 

James Moore: Upbeat Sir Martin Sorrell’s going for growth – so why’s he moaning about sterling?

 

Outlook Behind the headlines, WPP, the world’s biggest advertising group, put together an excellent set of results for the first half of its financial year.

 

 

Chris Blackhurst: Rory McIlroy gets £155m from his sponsor Nike – yet the industry is in crisis. Maybe bicycle golf is the answer?

 

 

 

 

James Moore: Scotland could lose out whether it’s Yes or No

 

 

 

 

James Moore: Storm in a Canadian coffee cup over Tim Hortons deal

 

 

 

 

David Blanchflower: The inflation nutters are on the march again – and they are as wrong as ever

 

 

 

 

Ever felt that financial forecasters are making it up as they go along?

 

 

 

 

Rupert Cornwell: It’s caught in a trap and now Italy can’t just muddle through

 

 

 

 

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

 

 

 

 

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

 

 

 

 

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

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Ever felt that financial forecasters are making it up as they go along?

 

 

If so, you are worryingly accurate, as the most important economic measure can only be guessed at, Ben Chu reports

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Share on other sites

Terra Firma considers UK's Garden Centre Group sale-Bloomberg

 

9:00pm BST

 

Brazil telecoms battle heats up as Oi steps in

 

Spain 8:37pm BST

 

Argentina wants deal with all holdout investors together

 

7:58pm BST

 

Alibaba revenue soars ahead of IPO

 

7:53pm BST

 

PwC must face $1 billion lawsuit over MF Global advice

 

7:51pm BST

 

Kleiner to invest in messaging startup Snapchat at near-$10 billion valuation - report | btn_rel_video.gif

 

7:14pm BST

 

ECB action unlikely next week without inflation slump - sources

 

7:02pm BST

 

FTSE perked up by Petrofac

 

FXpert, 6:27pm BST

 

Business leaders urge Scots to vote against independence

 

UK 6:07pm BST

 

Shell sells some Nigerian onshore oil fields

 

Africa 5:41pm BST

 

Moscow courts back closure of three McDonald's branches

 

5:26pm BST

 

U.S. stocks near record high; report on ECB lifts euro

 

FXpert 5:18pm BST

 

IMF's Lagarde put under investigation in French fraud case | btn_rel_video.gif

 

World, IMF 4:54pm BST

 

UK home prices to rise 9 percent this year, but BoE could curb rise - Reuters poll

 

UK, 3:43pm BST

 

UK home prices to rise 9 percent this year, but BoE could curb rise - Reuters poll

 

UK 3:38pm BST

 

Ryanair to make non-binding offer for Cyprus Airways

 

Aerospace & Defence 1:37pm BST

 

Foxtons warning on slowdown overshadows special dividend

 

1:34pm BST

 

ASOS shares jump on report of U.S. bid interest

 

1:32pm BST

 

McDonald's says to appeal court rulings on Moscow branches closures

 

1:26pm BST

 

RBS mortgage fine deals blow to boss McEwan

 

1:12pm BST

 

German consumer morale drops going into September - GfK

 

12:59pm BST

 

Tesco sales slide worsens as UK grocery market slows again | btn_rel_video.gif

 

11:36am BST

 

Ryanair scraps bag check-in fees for business travellers

 

UK, Aerospace & Defence 11:17am BST

 

Carlyle in advanced talks to buy into Vanke's China shopping malls -sources

 

11:04am BST

 

Islamic bank BLME eyes first dividend in 2016

 

10:52am BST

 

World Cup helps Chime to strike a positive note

 

10:49am BST

 

ECB's Coeure calls for stronger government backing of ABS market -magazine

 

10:46am BST

 

China regulator drafts rules aimed at tightening grip on shadow banking

 

10:39am BST

 

Japan Abe aide Hamada: Could do next sales tax hike in stages

 

Japan 10:34am BST

 

Uber eyes aggressive expansion in Germany despite bans

 

10:17am BST

 

Swiss real estate bubble will ease, not pop - housing study

 

10:10am BST

 

Swedish growth seen slowing as election approaches

 

9:40am BST

 

Italy must cut growth forecast, economy minister tells Corriere

 

8:47am BST

 

Moving on from milk scandal, Fonterra ties up with China's Beingmate

 

8:33am BST

 

Chiquita reaffirms commitment to Fyffes merger, sees synergies

 

8:03am BST

 

Balfour Beatty ups value of PPP portfolio after review

 

7:52am BST

 

Japan's growth outlook dims further, BOJ policy prospects unclear - Reuters Poll

 

Japan 7:48am BST

 

OneSavings Bank says first half profit up four-fold

 

7:46am BST

 

ECB's Draghi has been "overinterpreted", says Germany's Schaeuble

 

7:37am BST

 

Japan vice economy minister: More caution needed on next tax hike

 

Japan 6:59am BST

 

South Korea to require companies to adopt retirement pensions

 

6:47am BST

 

After disasters, stricken Malaysia Airlines staff brace for job cuts

 

Aerospace & Defence 5:55am BST

 

Insurers pay more tax on executive comp under Obamacare -study

 

5:43am BST

 

China further loosens foreign ownership of hospitals

 

5:36am BST

 

Shenzhen exchange explores stock pipeline with Hong Kong - China media

 

5:31am BST

 

New Zealand's Fonterra ties up with China's Beingmate on infant formula

 

5:21am BST

 

Fonterra sees scope for more China partnerships

 

5:21am BST

 

South Korea's monopoly regulator probing local banks for interest collusion - news agency

 

4:18am BST

 

Fonterra says investment in Beingmate to total New Zealand $615 million

 

4:11am BST

 

Exclusive - Chipmaker Qualcomm may face EU antitrust probe: sources

 

3:44am BST

 

Buffett puts shareholders ahead of patriotism in Canadian deal | btn_rel_video.gif

 

2:09am BST

 

MasterCard: Latin America revenue to double by 2019

 

12:47am BST

 

Buffett puts shareholders ahead of patriotism in Canadian deal

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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