A closely watched index released yesterday suggested that UK manufacturing saw a strong rebound in August. The pound rose on the news, and across the media, it is being hailed as proof that Brexit fears were overdone. The reality is not exactly the opposite, but it is quite different.
Posted on 2nd September 2016 in City News.
According to official data, the Irish economy grew by an extraordinary 26.3% in 2015. The recent ruling by the EU regarding Apple, and its corporation tax due to Ireland, will have all kinds of odd repercussions. Meanwhile, Apple is threatening to repatriate is overseas cash pile.
Posted on 2nd September 2016 in General business.
The second in an occasional series that shows how the most numerous older generation in history may be lauding it over the younger generations like never before. Today, a look at weights and measures.
Posted on 1st September 2016 .
And so the English Premier League has seen a record – so far the total amount spent since the summer on transfers has hit £1,265 billion, thrashing last years’ record. But is it sustainable, and do you think there is a degree of hypocrisy going on? Often the same people who celebrate the latest transfer […]
Posted on 1st September 2016 in General business.
There was good news on the Chinese economy in August, and since this is the second largest economy in the world, this is good news for us all. But there is also a little piece of information on China that may scare the pants off you.
Posted on 1st September 2016 in City News.
So Apple may have to pay out around 13 billion euros in back taxes. The company is objecting. The US is furious. Is Apple a victim of an EU that treats foreign companies differently, or does the US tech deserve its treatment – an example of all that is wrong with globalisation?
Posted on 31st August 2016 in General business.
It turns out that the things we absolutely must have, such as a home – are getting more expensive, while the things we would quite like to have, such as a really big TV, are getting cheaper.
Posted on 30th August 2016 in General business.
The price of wheat has fallen to a ten-year low, why aren’t we celebrating?
Posted on 30th August 2016 in City News.
Janet Yellen, chair of the US Federal Reserve, along with other key policy makers in the US, has been at Jackson Hole, the location for an annual symposium, where central bankers chew fat, cogitate, and sometimes say something significant. This time around a credibility problem seems to be emerging, but the news does seem to […]
Posted on 28th August 2016 in City News.