Reasons to be miserable, UK edition

Filed Under (Finance News - Crawled Results) by User RSS submission on 19-03-2010

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Andrew Garthwaite of Credit Suisse has come over all Krona-esque on the sterling.

From his global equity strategy note:

We think that £/$ could weaken to 1.35 as we believe…



Lord Myners believes in dour Scotsmen

Filed Under (Finance News - Crawled Results) by User RSS submission on 19-03-2010

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Want to ensure that your bank is well-managed? Then appoint a cynical Scotsman to its audit committee.

Such was the advice proffered, in apparent seriousness, by the UK’s…



RMT signal staff vote for strikes

Filed Under (Finance News - Crawled Results) by User RSS submission on 19-03-2010

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Railway signal workers vote in favour of strikes in a row over jobs – as British Airways and unions battle to avert walkouts.



Would that be the smell of burnt GBP fingers?

Filed Under (Finance News - Crawled Results) by User RSS submission on 17-03-2010

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Oooh, here’s some hubris for you.

Just when the pound was notching up some stellar gains against the euro on the back of a larger than expected fall in the UK jobless claimant count,…



A UK labour boom (updated)

Filed Under (Finance News - Crawled Results) by User RSS submission on 17-03-2010

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Not of the political variety either.

The UK’s office of national statistics announced on Wednesday that the number of Britons claiming unemployment benefits fell unexpectedly…



Britain rejects EC call to cut deficit faster

Filed Under (Finance News - Crawled Results) by User RSS submission on 16-03-2010

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Government rejects calls by Brussels to do more to cut its ballooning budget
deficit, says it would damage public services.



Interest rate shock

Filed Under (Finance News - Crawled Results) by User RSS submission on 16-03-2010

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That’s something we’ve been hearing a lot about lately.

Deutsche Bank analysts had the thought but didn’t finish the sentence in a note on the Financial Services…



Brussels berates Britain for disappointing Budget plan

Filed Under (Finance News - Crawled Results) by User RSS submission on 15-03-2010

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Gordon Brown’s credibility will suffer another blow on Tuesday as the European
Commission chides Britain for doing too little to bring its budget back to
health.



Brussels berates Britain for disappointing Budget plan

Filed Under (Finance News - Crawled Results) by User RSS submission on 15-03-2010

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Brown’s credibility set to suffer another blow as the European Commission
chides Britain for doing too little to fix budget.



CDS report: All quiet on the sovereign front

Filed Under (Finance News - Crawled Results) by User RSS submission on 15-03-2010

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European credit markets started the week on a low note, underperforming weak equity markets. The trend accelerated later in the session after the US markets opened down. The Markit…