Sunday 3 June 2007

Sunday Business Round-Up

Back to CU's summary of highlights in the world of business and economics:

Warning of further rate rises - my prediction stands that they will top out at 6%. Ouch!

Ryaniar affected by campaigning - perhaps they attack dog method of defence is starting to work against them?

Post Office plans for strikes - no great surprise here, the road will be bumpy due to the disastrous government policy.

HSBC helps trustafarians - one idea to help Nick Drew's offspring...

Director's feeling the heat from shareholders - No pity for them with their multi-million payoffs and share options, I say. Changing manager is not always the answer though, just look at football for comparisons.

Green gold rush continues - the float of this green electricity generator could well be a winner.

US moves to limit BA - for a country open to trade, the protectionism around US airlines is staggering. Also worth a look, a review of Willie Walsh's time in charge.

Article of the week: An article in The Times on David Webb, a real insight into the rise of China Business and some of the real issues it has brought with it.

2 notes - the independent website seems to be down so I have not had a chance to review this. Secondly, a big story not to make the papers is the failure of RBS's UK commercial bank system, don't bother trying to use their cash machines today!


Anonymous said...
This comment has been removed by the author.
Anonymous said...

I removed my post because it had an error in the html here it is again, but rigfht, I hope..

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Anonymous said...

BOE need to wake up fast.
Even with the amount of CPI baking going on, they're looking like a bunch of amateurs.

Steven_L said...

I'm all for higher interest rates me, I've been telling my mate that they'd keep going up for over 6 months now, this last rise has made him decide to sell up. I think house prices in the North are going to start falling soon.

CityUnslicker said...

Hitch - I can't afford a shelter

CityUnslicker said...

Mutley - you had better vote for me!

CityUnslicker said...

anon - Yup, they seem to have forgotten that their is such a thing as Monetarism!

CityUnslicker said...

Steven-L- House prices will indeed fall in over-exposed areas as rates rise. Unfortunately, if the asset bubble bursts then we will have a Japan style recession.

A soft landing is possible, but will be hard to manage.

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