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Daily brief: Moneycorp
Posted on: 2 December 2013
Figures from the Bank of England on Friday showed money supply increasing by 2.4% in the year to October.
Posted on: 28 November 2013
In Britain the harvest festival is a typically understated affair, which involves decorating the church with out-of-date tins of luncheon meat and the odd stick of rhubarb.
Posted on: 27 November 2013
The Scottish Nationalist party launched its independence manifesto in a disused Glasgow warehouse yesterday. Its 670 pages list the potential advantages of an independent Scotland, including the sequestration of North Sea oil reserves and the addition of the prefix "Mac" to all surnames.
Posted on: 26 November 2013
Investors anticipate increased competition in the market for crude oil, following the West's nuclear accord with Iran. The krone was not a big loser though; it was not far behind the British pound and the Swiss franc.
Posted on: 25 November 2013
Friday's crop of Euroland ecostats brought an improvement in German business confidence and a fall in Italian retail sales, which were down by -2.8% on the year.
Posted on: 22 November 2013
Some people have extractor fans in the kitchen to remove cooking smells. Others have candles in the living room to replicate them. At least they will, if a firm called Kentucky for Kentucky has got its marketing right.
Posted on: 21 November 2013
Bloomberg reported yesterday that the European Central Bank is considering a reduction to -0.1% of the rate it pays for commercial banks' deposits.
Posted on: 20 November 2013
Countryside pursuits tend to be gentler and safer than their metropolitan equivalents. Jam-making competitions and sheepdog trials seem intrinsically less dangerous than gangland fights and drug-lord trials.
Posted on: 19 November 2013
the bitcoin is by far the strongest-performing currency of 2013. A year ago one bitcoin was worth $12. Six months ago it was worth $120. Today it is worth $690. Or $701. Or $823. Or almost any value you care to give it...
Posted on: 18 November 2013
Inflation was the warm topic on Friday morning when investors received confirmation that consumer prices in Euroland went up by just 0.7% in the year to October.
Posted on: 15 November 2013
During the decade to 2007, with the Bank of England's sterling index steady at roughly 100, Britain's quarterly trade deficit ballooned from £2bn to £9bn...
Posted on: 14 November 2013
Tuesday's unexpectedly low print for inflation reinforced the fear that it was not going to be sterling's week...
Posted on: 13 November 2013
Figures yesterday put consumer price index (CPI) inflation at 2.2% in October. It was a lower reading than the 2.5% investors had been expecting and within spitting distance of the 2% the Bank is supposed to achieve.
Posted on: 12 November 2013
Fed up with overcrowding on the London Underground? Can't get a seat on the way to work? Can't even get on the train because it is jam-packed? Worry not.
Posted on: 11 November 2013
Some economists insist that quantitative easing - printing money - is a terrific way to reinvigorate an economy.