Angela Merkel has saved us from ourselves over the BAE merger. But what if China comes calling?

| October 11, 2012 | 0 Comments

This morning we can all be thankful for German pragmatism. Well sourced stories in both the FT (£) and the Telegraph attribute the collapse of the £28bn merger between BAE and EADS to Angela Merkel’s refusal to give German assent to the deal. Tom Enders, chief executive of EADS offered confirmation of this, writing to […]

Filed Under: Latest Finance News

The row over the ‘whitewash’ banking inquiry is a sideshow to the real power struggle

| July 13, 2012 | 0 Comments

John Mann, Labour’s self-designated bruiser on the Treasury Select Committee, has branded the inquiry into the rate-rigging scandal a “total joke” because he’s not on it. The fact that Andrea Leadsom, the Tory’s TSC attack dog, has also been excluded “exposes the inquiry as a total whitewash”, he added on Twitter. Mann has some qualities, […]

Filed Under: Latest Finance News

There will be more resignations before the Barclays scandal is over

| July 2, 2012 | 0 Comments

To read Bob Diamond’s eulogy to Marcus Agius this morning, anyone would think it was Mr Diamond who was the chairman, thanking his departing chief executive for an outstanding contribution and all the rest of it. Some City fund managers would say that therein lies the problem. Bob is in effect the executive chairman, and […]

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Spain’s dishonesty over its banking crisis is coming back to haunt it

| June 15, 2012 | 0 Comments

If the eurozone crisis was not already out of control, the markets’ reaction to the “decaffeinated” Spanish bail-out proves it is now. Judged on fundamentals and using figures from the International Monetary Fund, Spain is in a better place than the UK. Spain’s deficit this year will be 6pc, falling to 5.7pc in 2013, while […]

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Eurozone finance ministers meet amid growing fears over Greece

| June 11, 2012 | 0 Comments Greece’s potential exit from the euro was once again top of the agenda as finance ministers gathered in Brussels for their monthly Eurogroup meeting. Last year such talk was unthinkable. But, with the on-going political deadlock in Athens and a failure there to form a coalition government, leaders were openly discussing what Greece needed […]

Filed Under: Finance Videos

Penny Wong v Joe Hockey over Gay Marriage on Q and A (14–05-2012)

| May 31, 2012 | 0 Comments

Australian Finance Minister Penny Wong delivers a dignified and emotionally powerful response to Joe Hockey after a question about same-sex parenting on the ABC TV show Q&A. This happened live on TV on Monday night and Twitter went mad. The whole show can be seen on the Australian Broadcasting Corporation website

Filed Under: Finance Videos

Financial IPOs Over Promise

| May 8, 2012 | 0 Comments

Financial IPOs Over Promise

Filed Under: Finance Videos

Caroline Lucas, the Brighton hippies’ MP, gets into a muddle over energy statistics

| May 1, 2012 | 0 Comments

Caroline Lucas, the Green Party MP for the hippies of Brighton, has written an open letter to David Cameron outlining what is needed to make this a green and pleasant land. It’s over here at The  Guardian. The “Dr” in Ms Lucas’s full title (something we Brits tend not to use outside strictly relevant academic […]

Filed Under: Latest Finance News

House price rises added £68,500 to average homeowner’s wealth over the last decade

| February 11, 2012 | 0 Comments

House prices increased by twice as much as inflation over the last decade, boosting the average homeowner’s wealth by £68,500 each – or a gross total of £1.8 trillion – according to Halifax. That’s good news for millions of members of the squeezed middle amid the economic bleak midwinter but it’s unlikely to be welcomed […]

Filed Under: Latest Finance News

BUPA bars more than half of BMI hospitals in row over costs

| January 10, 2012 | 0 Comments

Britain’s biggest healthcare insurer, BUPA, and biggest private hospital group, BMI Healthcare, have fallen out over rising costs in a row that some policyholders describe as “an absolute disgrace”. BUPA claims BMI is charging 20pc more than competing hospitals “despite offering no better quality or service” and has now removed more than half the hospital […]

Filed Under: Latest Finance News
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