Sunday, 6 January 2008
2008 inaugral sunday round-up
The new year sees the return of the business round-up this week. Last year was a very significant year in terms of business and economics; this year will be even more so.
Before you get to the click-fest below, let me know if there are any changes or additions you would like to see to this format....more international news? more focus on specific areas? etc..
Here are the 10 stories to get us started, many will be with us for a few weeks to come:
Housing crash threatens Rock sale - The fall in house prices is giving the jitters tot he banks who are proposing to lend to the potential Northern Rock saviours. Alternatives to state ownership are now nearly all gone..
Goldman to the rescue of the Rock - However, perhaps the above can be trumped by a new financing initiative from Goldman Sachs. We will know the answer before long.
Cohen rounds on AIM - Veteran investor sides with the yanks and asks some difficult questions of the LSE's AIM market. Hard to answer these, especially as the overall shares on this market go south. This year could be a tough one for AIM investors.
M&S leads the denouement - Retailers to continue the 'bad' news (bad for them, good for those managing personal debts in a more sensible way) from the last quarter.
Bank urged to cut rates - The Bank of England is under great pressure to cut rates again. Few chances now to avoid stagflation.
Comment of the week - Liam Halligan in the Telegraph on the meddling of politicians.
Nuclear power funding - This will be a story for the next 20 years. The sums involved and the risks are astronomical.
Gold heading to new highs - Volatility drives up the price even further. Gold is doing even better than Google!
Challenges for TV in 2008 - Good summary of some of the regulatory and economic changes coming to the media in 2008.
Guardian share tips - just for a laugh...
Posted by CityUnslicker