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European economy -2.3% annual, +0.1% quarterly

7:47 a.m. Sat 13 Feb 2010

European economies only grew 0.1% in the last quarter of 2009, and have contracted 2.3% since the same …

Money and happiness

7:34 a.m. Sat 13 Feb 2010

Richard Beddard has a post on his blog on whether money makes up happier, but also reviews some books on …

Gold: back to the 70s

7:31 a.m. Thu 19 Nov 2009

The Big Picture has an interesting chart of the gold price vs US treasury bonds. The chart looks very similar …

Persimmon trading statement

1:19 p.m. Mon 16 Nov 2009

Persimmon’s trading statement is the most encouraging from the sector so far with sales improving on last year. Even …

Moneysupermarket statement

11:55 a.m. Mon 16 Nov 2009

Moneysupermarket.com’s management statement released today revealed some signs of recovery with revenues 15% better than the average rate …

Lonmin full year results

10:48 a.m. Mon 16 Nov 2009

Lonmin’s performance during the year was dominated by low prices for platinum group metals, with the impact on profits …

BA-Iberia merger:possible obstacles

8:29 a.m. Sat 14 Nov 2009

The Financial Crimes blog warns of possible obstacles to the BA-Iberia merger. Alex does seem to have a point. The …

Electrocomponents H1 results

8:47 a.m. Fri 13 Nov 2009

Parts supplier Electrocomponents’ sales decline has accelerated in in the first half of the current financial year. The H1 results …

British Airways-Iberia merger

6:50 a.m. Fri 13 Nov 2009

British Airways and Iberia are to merge. The merger terms will give BA shareholders 55% of the combined business, which …

Trinity Mirror trading statement: slower declines

3:30 p.m. Thu 12 Nov 2009

The rates of revenue decline a Trinity Mirror have slowed a little, as reported in today’s trading statement, but …

Building industry orders: signs of recovery

2:41 p.m. Thu 12 Nov 2009

Orders in the building industry were flat in the third quarter with an increase public sector housing and infrastructure spending …

Repossesssions lower, but rising

2:25 p.m. Thu 12 Nov 2009

The Council of Mortgage Lenders says that repossessions in the third quarter fell but were higher than in the third …

BT Q2 results, better outlook, huge pension deficit.

1:49 p.m. Thu 12 Nov 2009

BT’s second quarter results showed the expected declines, but (adjusted) profits rose and expectations for the full year are …

WH Smith’s declining sales

12:01 p.m. Thu 12 Nov 2009

WH Smith’s trading statement revealed a further drops in like-for-like sales with high street like-for-like sales down 4% and …

Bank of England inflation report

1:25 p.m. Wed 11 Nov 2009

In its Inflation Report the Bank of England does expect a short term rise in inflation above its target level …

Unemployment statistics no sign of recovery

12:48 p.m. Wed 11 Nov 2009

The latest labour market statistics do not seem to be a signal recovery, but indicates that households are short of …

Hays trading statement

11:05 a.m. Wed 11 Nov 2009

Recruiter Hays trading statement showed continuing declines, as one would expect from a very cyclical business under current circumstances. The …

Reed Elsevier: CEO resgins, trading statement disappoints

10:05 a.m. Wed 11 Nov 2009

The CEO of Reed Elsevier, Ian Smith (that really is an unfortunate name) has resigned. He appears to be the …

Peak oil already says IEA whistleblower

12:40 p.m. Tue 10 Nov 2009

The Guardian’s story about deliberate over-estimates of oil reserves by the IEA should not be too much of a …

Barclays off-balance sheet

11:38 a.m. Tue 10 Nov 2009

According to the Financial Crimes Blog, Barclays is holding assets off balance sheet, which is distorting the numbers. It is …

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