Sunday, 14 October 2007
Sunday Business Round up: Jump start
Well after a fantastic day of sport yesterday it is harder than usual for me to turn to the business pages. However, there are some interesting things in the news this week. The Virgin offer for Northern Rock being one of the more interesting...
Virgin bid for Northern Rock - Branson is to see if he can fix the NR. I think this is usual good business by Sir Richard. NR is a gold plated government institution now so is in a healthy position for the long term(?) Particularly if Beardie can get his hands of the assets for free! Many of the papers though always pooh-pooh Virgin, for base reasons of hating entrepreneurial success is my guess!
Chinese banks move up a gear - By financing BA planes they show they are moving up to compete with the international banks.
Green Vision - This article on green permits shows, as Nick Drew has done many times, just how far away UK government rhetoric is from the reality of what we can deliver in terms of green power.
Court ends strikes - Finally some sense in the Post office debacle. With both management and the Unions in the wrong, the future of the Post Office looks bleak.
Lawyers - Cashing in on Miner's woe by the million. An old story, but still worth a read if you had not seen it before.
Darling's future - Business and Unions are to unite to fight the Government's changes to Capital Gains tax.
and finally - a story about a city trader and how he gets his bonus; I have no idea if this is even remotely accurate.
Posted by CityUnslicker