In the course of writing about why Apple should bring manufacturing back to the US, Aditya Chakrabortty, the historian who writes the economics leaders for The Guardian, makes this appeal to historic evidence: That may strike you as laughably naive, but it’s more akin to enlightened self-interest: just think of the way Henry Ford raised [...]
Lefty myths of our time: why Henry Ford’s ‘pay rise’ for workers undermines the Living Wage campaign
MARKET REPORT: Gulf Keystone Petroleum’s shares arise after certain good test
By Geoff Foster PUBLISHED: 16:09 EST, 23 Apr 2012 | UPDATED: 16:09 EST, 23 Apr 2012 You need nerves of steel to circle and deal in a seat-of-your pants youth oil market. Punters were as happy as Larry as shares of Kurdistan-focused path-finder Gulf Keystone Petroleum, that have traded between wide extremes of 5p and [...]
Sir Mervyn King has some explaining to do: inflation is on the rise again
Sir Mervyn King better restock his letter writing drawer. Inflation is back on an upward trajectory for the first time since it peaked at 5.2pc in September last year. Economists, and no doubt the Bank of England Governor, had hoped that after penning nine consecutive letters (15 in total) to the Chancellor to explain why [...]
Police Fear Rise In ATM Fraud During Olympics
People using cash machines this summer are being urged to be extra vigilant, as police fear a sharp rise in ATM crime during the Olympics. ATM crime is on the rise in Britain, with criminals using advanced technology to obtain cardholders’ bank details. Millions of pounds are stolen from customers every single month, and police [...]
House prices surprise 2.2pc rise last month: Spring revival or a short-term blip?
House prices surprise 2.2pc rise last month, reported today by Britain’s biggest mortgage lender, Halifax, is in sharp contrast to the downward trend of recent years – but is it a short-term blip? That looks the way to bet, as the national average house price of £163,803 was buoyed by demand from first-time buyers scrambling [...]
FTSE 100 LIVE: Share prices arise forward of Budget 2012
By This Is Money Reporters PUBLISHED: 03:30 EST, 21 Mar 2012 | UPDATED: 07:39 EST, 21 Mar 2012 12.35: The FTSE 100 was forward 5.2 points during 5,896.6 as Chancellor George Osborne got to his feet in a Commons to broach this year’s Budget. 11.00: A brief convene on a FTSE 100 has already run [...]
Morrisons delivers 8% distinction arise as it thrives in supermarket cost war
By This Is Money Reporter Last updated during 12:18 PM on 8th Mar 2012 Morrisons pronounced a sales devise in an ongoing cost fight with rival supermarkets was profitable off as annual increase absolutely kick a City’s expectations. Chief executive Dalton Philips pronounced Morrisons’ bill M Savers operation had received a clever response, and in [...]
Should we implement a H2O scale to save income on a bills?
By Linda Mckay Last updated during 12:21 PM on 8th Mar 2012 I have only perceived my subsequent H2O check for a year and a cost has shot up. we only don’t know if we can means it. we live by myself in a two-bedroom house. Will we save income over subsequent year if we [...]
Halifax’s 0.49% travel to 3.99% is still not a bad rate
By Jeff Prestridge Last updated during 11:55 AM on 5th Mar 2012 The Personal Finance Editor of a Mail on Sunday on a options open to Halifax borrowers (or a miss of them). Today is a third anniversary of a Bank of England dropping a bottom rate to 0.5 per cent, with no boost approaching [...]
As some-more city halls challenge Government with legislature taxation hikes, is yours about to rise?
By Jade Gamlin Last updated during 11:22 AM on 29th Feb 2012 Refusing to budge: Councils are forcing by legislature taxation rises notwithstanding a appropriation boost from Central Government that was ostensible to assistance them solidify a internal tax. The series of councils in England that have reliable they will lift legislature taxation in rebuttal [...]