How the Olympic torch could ignite Europe
[unable to retrieve full-text content] Chris Riddell on Greece’s Olympic – and financial – legacy Chris Riddell ...
Archive for the ‘Business’ Category
The new mid-life crisis … house sharing into your 40s
[unable to retrieve full-text content] The number of older professionals living in shared homes has increased by 2,000 in the past six months. Why have this new breed of first-time buyers been priced out of the market? Sharing a house with friends can make sense when you’re in your 20s and 30s but it fast ...
Angela Merkel caught in referendum row with Greece
[unable to retrieve full-text content] Greece claims German leader advised it to hold a referendum on euro membership – but her spokesman denies allegations German-Greek relations were further strained on Friday after the German chancellor, Angela Merkel, was heard advising Greece to hold a referendum on its membership of the euro. Greek politicians reacted angrily, ...
Euro crisis: Is Cyprus next for the Grexit?
[unable to retrieve full-text content] Cyprus, with its out-sized banking sector equal to 835% its GDP, could be the next knock-on from the Greek euro crisis One of the mysteries of the Greek financial crisis is that there are any deposits left in the stricken country’s domestic banks. Since 2009, it’s estimated that €2-€3bn has ...
Northern Rock split ‘could leave taxpayers with £2bn bill’
[unable to retrieve full-text content] National Audit Office raises questions about Treasury decision to split the Newcastle-based bank in two in 2009 Taxpayers face losses of at least £2bn on the continued state ownership of Northern Rock, the National Audit Office (NAO) has concluded as it raises questions about the decision by the Treasury to ...
David Cameron calls for world trade boost before G8 talks
[unable to retrieve full-text content] Prime minister to meet new French president before two days of informal talks with world leaders at Camp David David Cameron has flown to Washington for critical talks with world leaders, urging them to act urgently to boost world trade and describing trade deals as “the one big stimulus” that ...
Bank of England governor: situation (nearly) vacant | Editorial
[unable to retrieve full-text content] Excellent and extremely rare opportunity to become governor of the world’s second-oldest central bank. Starting next June, you will be in charge of setting monetary policy Excellent and extremely rare opportunity to become governor of the world’s second-oldest central bank. Starting next June, you will be in charge of setting ...
Facebook IPO: analysts warn investors away as more shares hit the market
[unable to retrieve full-text content] As early investors decide to cash out, some consultants warn first-day bubble will burst once the cultural spectacle wears off Analysts have warned small investors to steer clear of the $100bn Facebook sale after some of the social network’s biggest shareholders ramped up the number of shares they intend to ...
François Hollande meets Angela Merkel – full coverage
[unable to retrieve full-text content] France’s newly appointed president arrives in Berlin for his first meeting with Germany’s chancellor • Hollande meets Merkel, after lightning strike• Last-ditch talks over Greek unity government collapse• Fears Greece could run out of funds• IMF: Greek euro exit would be ‘messy’• Eurozone economy avoids recession, just 10.59pm: This blog ...
General Motors gives Facebook the boot ahead of $100bn share sale
[unable to retrieve full-text content] Withdrawal of one of the world’s biggest advertisers days before stock market sale seen as an embarrassment by analysts General Motors, the world’s biggest car company, has unfriended Facebook just days before the social media giant is planning a stock market sale that is expected to value the company at ...
