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Housing market to stay flat until 2013
The UK will see sluggish house price growth over the coming years according to
the Centre for Economics and Business Research, as the Bank of England's
Monetary Policy Committee prepares to leave interest rates on hold this week.
Banks not to blame for a lack of borrowers
As part of its efforts to show that it is lending to businesses as much as can
be expected, Barclays Bank has put together a series of slides to present to
government and investors. The slides have two simple messages: the decline
in lending is primarily driven by falling demand and borrowing costs are
lower than two years ago.
Plenty of good news, but hold the champers
Where's Cerberus when you need him? The mythical canine could look into the
past, present and future with his three heads. That's a trick we could all
use as we assess the contradictions between the Champagne-popping but
backward-looking results season and the gloomier forward-looking surveys and
comments stalling markets on both sides of the Atlantic.
Cameron swallows the bitter pill as the East casts shadow over Europe
Three seemingly unrelated speeches struck a chord with me last week. None of
them, to my mind, was anything more than a statement of the obvious. Taken
together, though, they provided a stark illustration of the rapid pace at
which the global balance of power is shifting and the extent to which the
Western world's sub-prime fiasco is accelerating and accentuating that trend.
Real estate 'biggest loser in recession'
Real estate and the hotel and restaurant industry were among the biggest
casualties of the recession, according to research, with experts warning
that there could be more pain to come.
When everything becomes digital, then nothing is
As technology reaches saturation point, marketing companies are already
looking to the 'post-digital' era. Their evolution will be neither easy nor
assured.
Employers warned that unpaid internships could 'break law'
Twenty-somethings working for free might be a common fixture in politics,
media and fashion, but employers are almost certainly breaking the law when
they take on unpaid interns because they should be giving them wages if they
work, according to a new report.
Clear Channel to restart Formula One in US
American outdoor advertising giant Clear Channel will act as a promoter of
Formula One in a bid to re-ignite interest in the motor sport in the United
States after years of setbacks.
Pewsey villagers united as Rothschild dairy plans hit a little local difficulty
He may be a scion of Europe's most fabled banking dynasty, famed for
power-broking among oligarchs, politicians and global business tycoons. But
Nathaniel Rothschild's family appears to have met its match in the members
of the parish council of Wilcot, near Pewsey in Wiltshire.
City watchdog's bonus rules face legal battle
The central plank of the City watchdog's new bonus rules are "fraught"
with legal problems which could lead to endless challenges through the
courts, experts have warned.
Osborne: banks must get it right on lending
George Osborne is grappling with the weighty issue of post-colonial guilt. It
is 63 years since India gained its independence from imperial Britain, and
yet the past still colours the UK's relationship with the country. The
problem, the Chancellor concludes, lies with us.
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