Sunday 1 July 2007

Sunday Business Round up - 1 July 07

Life must go on as normal to defeat the terrorists says our brave new Prime Minister; as such please find the weekly round up of interesting MSM business stories below:

Cost of smoking to business - Rank group thinks so with its Bingo halls. it will be interesting to see how this works out, but I don't think this change was made with anyone in government caring about the effects on specific businesses.

Crazy story, is is April fool's? - Tim Webb thinks that we can save the planet by re-inventing the CAP for OPEC.

A good Guardian take on the challenges facing Darling - basically we are for the cliff face if house prices collapse.

...and lo it came to pass - according to this Times article.

Interest rates to go up again- but where will they stop. My bet is at 6% because by that time a real shock will hit the system, as suggested here.

BAE mess - this story will run and run, but now the government are going to have to blame the staff to get themselves off the hook from the US Investigation. Outlook, very bleak.

Jones is Minister - At least we have a real business voice in government, albeit not at the cabinet table.

Two contrasting pictures of Private Equity - this it the lefty view that AA-SAGA is a disaster.

...and this the the real picture - from the Times, telling how both companies have grown substantially are management improvements.

OFT gets tough with travel sector - for misleading advertising of prices. I don't see the need for hand-wringing here really, do we not all know what Ryanair are like?


Steven_L said...

I don't get the 'CAP for OPEC' soty either, but if it means France and Germany have to pay us not to pump North Sea oil I'm all for it.

Nick Drew said...

That CAP piece is high satire, surely? One of those clever parallels that draws your attention to just how barking-mad the CAP itself truly is. (Friends of ours in France get paid to grow trees on arable land, because this guarantees they can't grow anything else ...)

I just loved this sentence towards the end of the CAP article:

"surely it's not beyond the wit of the world's statesmen - and entrepreneurs - to come up with a workable scheme"

Entrepreneurs, yeah, right ... I think I have some oil under my garden

Old BE said...

Thanks for the uplifting news, Mr Unslicker!

In a more local development my current lodger has moved out ahead of time leaving me rentless for three weeks!!

CityUnslicker said...

Steven - yes, Sarkozy and Merkel would agree to that!

CityUnslicker said...

ND - With the Indie we will never know. It has become a broadsheet daily sport!

CityUnslicker said...

ED - no worries, I thinkn Mutley is looking for someone to stay with in London occasionally...

Old BE said...

He would be very welcome, I think my lease allows pets. Would he be happy with getting to and from the third floor?

pommygranate said...

Rising rates is goung to be THE story of the year. and it will dog Brown throughout his term in office.

inflation is simply way too high and rising.

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