Euro Crisis

A few minutes before the time of writing of this article (the reason I’m writing this article is because of it), I received an email from a Relationship Manager, the name of the person and the firm in which he is connected to I choose to rather omit, informing me of a new development that […]

Motor giant Ford has signed an open letter to Call Me Dave saying how disastrous it would be if the UK left the Evil Empire. Quite why the words of the boss of a foreign corporation should carry any weight at all escapes me but to be lectured by this company on the benefits of […]

Don’t get me wrong, I think that Great Britain is the greatest nation on Earth, but we do have an Achilles Heel. Indeed, for the past 50 years and more it has been the relationship with Europe, and the European Union. This running sore continues, and manifests itself currently in Prime Minister David Cameron in […]

Virgin Group Chairman Sir Richard Branson and WPP CEO Sir Martin Sorrell back UK Membership of the European Union UK business leaders have signed a letter warning Prime Minister David Cameron from seeking a whole renegotiation of the country’s membership of the European Union (EU). Supported by Virgin Group Chairman Sir Richard Branson, BT Group […]

Car manufacturer Peugeot Citroen (EU:UG) announces a European sales fall of 16.5% 2012. Peugeot Citroen has announced that their European sales are down by 16.5% in 2012, though sales in China were up by 7.2% and 10.1% in Russia. The French based firm saw a worldwide sales fall of 8.8%, down to 2,820,000 units, citing […]

President Barack Obama has said that failure by the United States government to reach an agreement on further raising the nation’s debt ceiling would lead to “catastrophic consequences”. The Democratic president faces the challenge of reaching an agreement with Republican majority in the House of Representatives, with the Unites States Senate currently under Democratic control, but […]

The UK’s service sector has contracted for the first time since December 2010. Research conducted by the Chartered Institute of Purchasing and Supply, CIPS, and financial information supplier Markit concludes that the UK’s Purchasing Managers’ Index, PMI, figure fell from 50.2 in November to 48.9 in December in 2012. Any figure under 50.0 signifies negative […]

The Chinese service sector has grown at its fastest rate for four months indicating that the country is set for a period of sustained economic recovery. Newly released results for China’s National Bureau of Statistics shown that non-manufacturing purchasing manager’s index, known as PMI, increased to 56.1 in December from November’s 55.6, with any figure […]

– Breaking News – Following the apparent resolution of the US Fiscal Cliff saga, the FTSE is back above 6000 for the first time since the summer slump kicked off in July 2011. The breakthrough is not solely down to the Fiscal Cliff agreement, as 2012 saw a global rally in equities whilst central banks […]

Euro-area services and manufacturing output fell less than forecast in December, giving hope to a quicker recovery from the debt crisis that is weakening several countries. An index based on a survey of purchasing managers in both industries rose to 47.3 from 46.5 in November, London-based Markit Economics said today, whereas economists had forecast a […]