Sunday 15 April 2007

Sunday Business Paper Review - 15/4

Slow news weekend:

Barclay's may not get hold of ABN after all
- doubt it, seemed like a done deal. The new buyer would have to really overpay.

But RBS may be that company - Fred Goodwin always like a nice game.

Clothes for Dogs - Primark has a rival...

Buy-to-Let will be the first to suffer in housing crash - but when will it start?

£7 flights to US won't happen - yup, can't see the business plan here MO'L.

Poker firms to sue UK Government over new laws - more suffering for blessed Jowell.

EU votes to cap Mobile charges
- pure madness, shows total lack of market understanding by the EU. Phone companies will just charge more for other services.

We live in an economic golden age - yes, but we are financially screwing our kids, so nothing to feel happy about.

..but not if you have a small business
- wait till the tax bills come in too!

Civil service to have a more diverse recruitment policy - sigh...

Back with next week's news.


James Higham said...

Buy-to-Let will be the first to suffer in housing crash - but when will it start?

2011, according to the Fed.

Bag said...

When it crashes how much does it historically come down? Not that much from what I remember. Four years of growth should cover it. If so it may still be viable to buy to let now and anyone who is already in can't really lose out.

That is if the crash occurs then.

Anonymous said...

I think it will depend a lot what happens in the Middle-East, Nigeria and Venezuala.

I'm not sure a lot of the buy-to-let brigade, or even moreso the young first-timers that keep re-mortgaging, understand that.

Anonymous said...

Glad to know there was some serious stuff in the news besides Wills and Kate.

Anonymous said...

You have no links to the ongoing events in the Nigerian bogus email sector a friend of mine called Mrs Marjee who lives in Lagos and who is sending me a cheque for $12 million after I pay a tiny release fee of $1,000 may be able to help...

CityUnslicker said...

JH - 2011, just in time for the 2012 polar switch that will kill us all.

Bag - Yup, if you can afford to sit it out it will all come good; but this may be 8 years and rents will fall. Still tough time.

Steven_L - Oil prices will be crucial to what happens.

CityUnslicker said...

Ellee - Not much though, I am a republican so not much interest in Will & Kate.

CityUnslicker said...

Mutley - Only $1,000 for all that money. It sounds a steal.

There is a long post of Verity's somewhere on Croydonian's site about how she led one of these people a merry dance for months. it is a brilliant read, ask C to point it out for you. It had me in stitches.

Why these people need our help when they are clearly so rich in Nigeria is beyond me...

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