Topic filter : Infrastructure

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Socially Most Trending News

....May does not need to go so far as offering protected status for “national champions,” as Polman seemed to suggest last week. But she must realise that merely extending the government’s reach to areas of “critical infrastructure,” as ministers have suggested, is too weak. ... [Read full article on Guardian ]
Sunday 19th of March 2017 07:00:00 AM
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.... . "This case highlights the need for water companies to invest in solutions that manage the whole local catchment area such as green infrastructure and sustainable drainage systems. ... [Read full article on BBC ]
Wednesday 22nd of March 2017 12:40:05 PM
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....The Rail Delivery Group (RDG) said about £50bn was being spent on the network, which would result in an 11% rise in the number of weekday services. The RDG represents Network Rail, which manages the infrastructure, and the train operators. ... [Read full article on BBC ]
Monday 20th of March 2017 12:00:48 AM
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....”. “Over the next 18 months or so we are going to upgrade those facilities, we’ll be taking extra space in a number of them and be increasing our headcount and infrastructure around those facilities,” said Gnodde. ... [Read full article on Guardian ]
Tuesday 21st of March 2017 05:26:34 PM
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.... The Croydon MP also vowed to have “hard discussions” with local politicians who held up development. Barwell said he would try to make sure housebuilding projects came with fresh infrastructure investments to allow communities to cope with additional residents. ... [Read full article on Guardian ]
Thursday 16th of March 2017 06:42:56 PM
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....However, the World Coal Association vehemently disagrees. It says the complexity of large infrastructure projects means that until they break ground, it's no surprise if they don't go ahead. ... [Read full article on BBC ]
Wednesday 22nd of March 2017 07:44:04 AM
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....Transport secretary Chris Grayling is taking advantage of the government’s apprenticeship drive to keep jobs in the UK, rather than with EU manufacturing rivals like Germany, ahead of Brexit. January’s industrial strategy called on all construction, infrastructure and capital investment projects worth £10m-plus to take into account apprenticeships and skills development as part of tender evaluation. ... [Read full article on Guardian ]
Saturday 18th of March 2017 04:00:43 PM
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....Those MPs who spent Thursday beating up the big energy suppliers in parliament may also note the supermarkets’ experience. In the electricity and gas market, price increases are being blamed on different factors – rising wholesale prices and the cost of programmes to upgrade infrastructure – but the seemingly mechanical nature of the hikes is striking. ... [Read full article on Guardian ]
Thursday 16th of March 2017 07:38:27 PM
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.... “If the government doesn’t wake up, we risk sleepwalking into another living standards crisis,” said the TUC general secretary, Frances O’Grady. “We urgently need more investment in skills and infrastructure to build strong foundations for better-paid jobs. ... [Read full article on Guardian ]
Tuesday 21st of March 2017 11:27:08 AM
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.... saloon bar policy-making won the day”. Ralph Smyth, the head of infrastructure and legal at CPRE, said: “This a programme that will for ever fail on its own terms, producing a depressing, self-perpetuating cycle of more and more roads that do little for the economy and harm the countryside. ... [Read full article on Guardian ]
Monday 20th of March 2017 07:00:30 AM
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.... Others still deliver, just not quite what the market expects, and the shares then lose their buzz. Wall Street has been buzzing because speculators reckon a combination of Trump tax cuts, plus big spending on infrastructure, will pump up the economy. ... [Read full article on Guardian ]
Saturday 18th of March 2017 07:01:32 AM
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.... Whether their doubts are vindicated will matter for both the US and the world economy. Donald Trump’s election as US president has triggered a surge in positive economic sentiment, because he pledged that his administration would aggressively pursue the policy trifecta of deregulation, tax cuts and reform, and infrastructure construction. ... [Read full article on Guardian ]
Monday 20th of March 2017 01:22:15 PM
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....It would be also be fair to say the mood is nervous. If the president is running into political trouble in his attempt to repeal Obamacare, will there also be delays to his promised infrastructure splurge, the factor that has driven share prices higher? It’s a fair question, and the answer will be critical for stock markets in the short-term. ... [Read full article on Guardian ]
Wednesday 22nd of March 2017 07:28:44 PM
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....72. Markets have become increasingly impatient with the new Trump administration for failing to follow through on pledges to use a package of tax cuts and infrastructure spending to raise the US growth rate. ... [Read full article on Guardian ]
Wednesday 22nd of March 2017 06:21:57 PM
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.... Public transportation enables their employees to get to work. Every pound the state spends on infrastructure is a pound firms do not have to. ... [Read full article on Guardian ]
Friday 17th of March 2017 08:59:05 AM
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....It draws a strong link between that slow growth and lack of progress on reforms, noting that over the past two years, global growth has remained flat at about 3%, below the average growth rate of nearly 4% over the previous 10 years. The report, presented by OECD secretary general Angel Gurria at a meeting of finance ministers from the G20 group of nations in Germany calls on governments to take a long-term view of jobs and skills, infrastructure spending and innovation. ... [Read full article on Guardian ]
Friday 17th of March 2017 02:40:37 PM
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Latest Finance News related to Infrastructure

The Trump bump for shares is dented – but watch where the oil price goes | Nils Pratley image
....It would be also be fair to say the mood is nervous. If the president is running into political trouble in his attempt to repeal Obamacare, will there also be delays to his promised infrastructure splurge, the factor that has driven share prices higher? It’s a fair question, and the answer will be critical for stock markets in the short-term. ...
Nervous markets take fright at prospect of Trump failing to deliver | Larry Elliott image
....72. Markets have become increasingly impatient with the new Trump administration for failing to follow through on pledges to use a package of tax cuts and infrastructure spending to raise the US growth rate. ...
Thames Water fined £20m for sewage spill image
Source : BBC [Read Article] Wednesday 22nd of March 2017 12:40:05 PM
.... . "This case highlights the need for water companies to invest in solutions that manage the whole local catchment area such as green infrastructure and sustainable drainage systems. ...
Plans for coal-fired power plants drop by almost half in 2016 image
Source : BBC [Read Article] Wednesday 22nd of March 2017 07:44:04 AM
....However, the World Coal Association vehemently disagrees. It says the complexity of large infrastructure projects means that until they break ground, it's no surprise if they don't go ahead. ...
Goldman Sachs to move hundreds of staff out of London due to Brexit image
Source : Guardian [Read Article] Tuesday 21st of March 2017 05:26:34 PM
....”. “Over the next 18 months or so we are going to upgrade those facilities, we’ll be taking extra space in a number of them and be increasing our headcount and infrastructure around those facilities,” said Gnodde. ...
Rising food and fuel prices hoist UK inflation rate to 2.3% image
Source : Guardian [Read Article] Tuesday 21st of March 2017 11:27:08 AM
.... “If the government doesn’t wake up, we risk sleepwalking into another living standards crisis,” said the TUC general secretary, Frances O’Grady. “We urgently need more investment in skills and infrastructure to build strong foundations for better-paid jobs. ...
Trump must convert surging US confidence into real growth | Mohamed El-Erian image
.... Whether their doubts are vindicated will matter for both the US and the world economy. Donald Trump’s election as US president has triggered a surge in positive economic sentiment, because he pledged that his administration would aggressively pursue the policy trifecta of deregulation, tax cuts and reform, and infrastructure construction. ...
New roads in England create more traffic, rural campaigners claim image
Source : Guardian [Read Article] Monday 20th of March 2017 07:00:30 AM
.... saloon bar policy-making won the day”. Ralph Smyth, the head of infrastructure and legal at CPRE, said: “This a programme that will for ever fail on its own terms, producing a depressing, self-perpetuating cycle of more and more roads that do little for the economy and harm the countryside. ...
Rail industry promises 6,400 extra services image
Source : BBC [Read Article] Monday 20th of March 2017 12:00:48 AM
....The Rail Delivery Group (RDG) said about £50bn was being spent on the network, which would result in an 11% rise in the number of weekday services. The RDG represents Network Rail, which manages the infrastructure, and the train operators. ...
Unilever is safe, but we need better defences against short-term capitalism image
....May does not need to go so far as offering protected status for “national champions,” as Polman seemed to suggest last week. But she must realise that merely extending the government’s reach to areas of “critical infrastructure,” as ministers have suggested, is too weak. ...
Grayling hopes Brexit brings new apprenticeships in train image
Source : Guardian [Read Article] Saturday 18th of March 2017 04:00:43 PM
....Transport secretary Chris Grayling is taking advantage of the government’s apprenticeship drive to keep jobs in the UK, rather than with EU manufacturing rivals like Germany, ahead of Brexit. January’s industrial strategy called on all construction, infrastructure and capital investment projects worth £10m-plus to take into account apprenticeships and skills development as part of tender evaluation. ...
Netflix and Tesla overrated? Yes, in this mad, mad world image
Source : Guardian [Read Article] Saturday 18th of March 2017 07:01:32 AM
.... Others still deliver, just not quite what the market expects, and the shares then lose their buzz. Wall Street has been buzzing because speculators reckon a combination of Trump tax cuts, plus big spending on infrastructure, will pump up the economy. ...
Governments must keep reforming to win back voters' trust, says OECD image
Source : Guardian [Read Article] Friday 17th of March 2017 02:40:37 PM
....It draws a strong link between that slow growth and lack of progress on reforms, noting that over the past two years, global growth has remained flat at about 3%, below the average growth rate of nearly 4% over the previous 10 years. The report, presented by OECD secretary general Angel Gurria at a meeting of finance ministers from the G20 group of nations in Germany calls on governments to take a long-term view of jobs and skills, infrastructure spending and innovation. ...
Sainsbury's takes inflation hit on the chin as Aldi and Lidl loom | Nils Pratley image
....Those MPs who spent Thursday beating up the big energy suppliers in parliament may also note the supermarkets’ experience. In the electricity and gas market, price increases are being blamed on different factors – rising wholesale prices and the cost of programmes to upgrade infrastructure – but the seemingly mechanical nature of the hikes is striking. ...
UK for sale? Ministers woo world's property developers in Cannes image
Source : Guardian [Read Article] Thursday 16th of March 2017 06:42:56 PM
.... The Croydon MP also vowed to have “hard discussions” with local politicians who held up development. Barwell said he would try to make sure housebuilding projects came with fresh infrastructure investments to allow communities to cope with additional residents. ...
Balfour Beatty returns to profit image
Source : BBC [Read Article] Thursday 16th of March 2017 08:18:30 AM
....As well as Crossrail, which will link west and east London, it is upgrading motorways and working on the Thames Tideway Tunnel. In the next few years it plans to be part of the country's three biggest infrastructure projects: High Speed 2 (HS2), the new nuclear power stations at Hinkley Point C and Wylfa, and the third runway at Heathrow airport. ...
Ian and Greg Chappell call on Adani to abandon Carmichael mine project image
Source : Guardian [Read Article] Thursday 16th of March 2017 01:46:56 AM
....Palaszczuk said her government had remained true to its 2015 election commitment to protect the reef and sensitive wetlands from dredging as part Adani’s planned port expansion. It had also delivered on its promise not to use taxpayer funds to subsidise Adani’s infrastructure. ...
US raises benchmark interest rate by 0.25% image
Source : BBC [Read Article] Wednesday 15th of March 2017 06:29:37 PM
.... those would be very welcome changes that we would like to see," she said. Some economists think the next rate hike will be no earlier than June, given that the Fed probably wants time to assess the likelihood that Congress will pass Trump's ambitious program of tax cuts, deregulation and increased spending on infrastructure. ...
US Federal Reserve raises interest rates to 1% in bid to hold off inflation image
....com, said: “Given the bloating effect Donald Trump’s presidency has had on US inflation, it would have been more of a surprise had Fed Chair Janet Yellen not announced a rate hike at today’s Federal Reserve meeting. “Trump’s grand plans for American infrastructure spending have signalled an about-turn for US economic policy – after just one rate increase in ten years, we’ve now seen two in the space of three months, and plenty more are expected for 2017. ...
Single market exit: UK construction 'could lose 175,000 EU workers' image
Source : Guardian [Read Article] Wednesday 15th of March 2017 06:30:23 AM
....The UK construction industry could lose more than 175,000 EU workers – or 8% of the sector’s workforce – if the country does not retain access to the European single market after Brexit, the government has been told. Such an outcome could put key infrastructure and construction projects at risk at a time when the sector was also facing other pressures, including the tax changes in the recent budget, said the Royal Institution of Chartered Surveyors (Rics). ...
UK government should help companies targeted by foreign bids, says Unilever image
.... In the Netherlands companies must consider a broader range of stakeholders when analysing a bid. The government is planning to publish draft proposals in the coming weeks that would outline how it would respond to foreign takeovers and bids for key infrastructure projects in the future. ...
Charlotte Hogg’s exit raises tough questions for Bank of England | Nils Pratley image
.... That process should involve more than uttering a few glib and vague remarks. Theresa May once seemed sympathetic to such thinking, though her ministers’ remarks about changing the rules have concentrated on “critical national infrastructure”. ...
Unilever chief calls for tougher takeover safeguards image
Source : BBC [Read Article] Tuesday 14th of March 2017 07:14:02 PM
.... . The government is examining adding "critical national infrastructure" such as nuclear power plants to the list. ...
First class could be axed in next Southeastern rail franchise image
Source : Guardian [Read Article] Tuesday 14th of March 2017 05:50:33 PM
....Trains could also be refurbished in “metro style” – removing traditional seating in favour of sideways-facing seats and more standing space. While the Department for Transport could extend the length of some trains, possibly up to 12 carriages, that could involve costly infrastructure work at many stations and along the line, whereas scrapping first class would be a quick way to free up space. ...
UK economy will grow more strongly than expected, says BCC image
Source : Guardian [Read Article] Tuesday 14th of March 2017 07:01:15 AM
....”. He described last week’s maiden budget from chancellor Philip Hammond as a “missed opportunity” for the government to do more on infrastructure improvements, on support for international trade, and to lower upfront taxes and costs on businesses. ...
Too many firms game the system. They should be transforming lives  | Aditya Chakrabortty image
.... This isn’t only about economics. It concerns a private sector that is not expected to provide good jobs, decent pay, its fair share of tax – but which demands public subsidies, infrastructure and ready-made workers. ...
Trump is set to win the battle on interest rates, but US economy will pay the price image
....Treasury secretary Steve Mnuchin, like Trump, believes the administration is about to unleash an economic revolution that will spark rocketing growth without the inflationary pressures that spur interest rate rises. Mnuchin’s plans for tax cuts and infrastructure spending, far from increasing inflation alongside growth and forcing the Fed to raise rates further, are supposed to raise productivity, allowing supply to stay in synch with rising demand. ...
We will all need a stiff drink to swallow Hammond’s austerity image
Source : Guardian [Read Article] Sunday 12th of March 2017 07:00:17 AM
. As the immensity of the consequences of the referendum strikes home, the May government is becoming increasingly dependent on the Conservative party’s rediscovery of the need for “infrastructure” and “industrial strategy”. ...
Robots delivering pizza and house viewing by VR: is 5G really the future? image
.... They argue consumers don’t need the superfast speeds the upgrade from current 4G technology promises, and many in the industry believe that logistical issues mean that 5G may not be properly rolled out in the UK for decades. In the meantime, there are still basic infrastructure issues – including rural areas with little or no broadband coverage at all – that need sorting out. ...
After Brexit, Israel senses a chance to boost trade with UK image
Source : Guardian [Read Article] Saturday 11th of March 2017 04:00:38 PM
....”. In turn, the UK’s growing expertise in major infrastructure projects, such as high-speed rail, could benefit an Israel that is struggling to keep up with population growth because of a shortage of 10,000 engineers. ...
The Guardian view on the Ofcom deal: too little, too slowly | Editorial image
.... But there is no case whatever for a private monopoly which can supply something so critical to full social and economic participation in society. Openreach, the part of BT which supplies and maintains Britain’s broadband infrastructure, is a straightforward example of tax-farming. ...
Does BT's Openreach deal mean faster broadband or higher prices? image
Source : Guardian [Read Article] Friday 10th of March 2017 01:21:25 PM
.... But will it make a difference to consumers? Openreach has long been dogged by accusations of poor customer service, long delays for connections and repairs, and households and businesses in despair over broadband speeds. Openreach, owned by BT, is a crucial part of Britain’s infrastructure, responsible for bringing landlines and broadband to most homes and companies in the country, not just for BT but also for rivals such as Sky. ...
BT boss: Openreach deal better 'long-term' image
Source : BBC [Read Article] Friday 10th of March 2017 08:43:37 AM
. BT has bowed to demands by the telecoms regulator Ofcom to legally separate Openreach, which runs the UK's broadband infrastructure. ...
BT Openreach deal could pave way for cheaper, faster broadband image
Source : Guardian [Read Article] Friday 10th of March 2017 07:32:13 AM
....Openreach, which began operating in 2006, is responsible for building and maintaining the tens of millions of copper and fibre lines that run from telephone exchanges to homes and businesses across the UK. “I believe this agreement will serve the long-term interests of millions of UK households, businesses and service providers that rely on our infrastructure,” said BT chief executive Gavin Patterson. ...
BT Openreach deal aims to shakeup UK broadband image
Source : BBC [Read Article] Friday 10th of March 2017 07:18:06 AM
. BT has bowed to demands by the telecoms regulator Ofcom to legally separate Openreach, which runs the UK's broadband infrastructure. ...
Why is John Lewis tightening its belt? image
Source : Guardian [Read Article] Friday 10th of March 2017 07:16:34 AM
....3% in the first half while store sales fell. The shift online requires major development of infrastructure, such as automated warehouses to process parcels efficiently as well as investment in IT to keep pace with shoppers’ constantly evolving demands. ...
Budget: UK Plc gives its verdict image
Source : BBC [Read Article] Wednesday 8th of March 2017 04:07:53 PM
...."While businesspeople appreciate a steady hand on the tiller, the government is sending mixed signals by holding investment largely steady at precisely the time that it is exhorting British businesses to double down. "More needs to be done in the coming months to improve infrastructure and encourage lagging business investment to ensure the UK is Brexit-ready. ...
FTSE 100 ends lower after Budget speech image
Source : BBC [Read Article] Wednesday 8th of March 2017 09:03:23 AM
....24% at 18,931. During his speech Chancellor Philip Hammond stuck by plans to boost infrastructure spending as he upgraded official growth forecasts for 2017. ...
Budget will hold no big surprises on spending or tax, chancellor says image
Source : Guardian [Read Article] Wednesday 8th of March 2017 06:33:22 AM
....This was always going to be a “just in case” budget, only bursting into life should the public finances need rescuing from a further slowdown in the economy. But the economy is performing strongly, even as it slows, leaving the chancellor to continue where he left off in the autumn statement: focusing on relatively limited measures to improve the UK’s infrastructure, skills and education. ...
Uber's 'hustle-oriented' culture becomes a black mark on employees' résumés image
....Such hyper-competitive dysfunction has also been described by other former Uber employees, including Susan Fowler, the engineer whose blogpost detailing sexual harassment and gender discrimination prompted Uber to launch an “urgent investigation” headed by former attorney general Eric Holder and attorney Tammy Albarran last month. “In the background, there was a Game of Thrones political war raging within the ranks of upper management in the infrastructure engineering organization,” Fowler wrote. ...
BT's £1.2bn Champions League splurge is price of staying in Sky game image
.... The Italian crisis, as well as the revelation of a significant slowdown in UK public sector work and orders from international companies, prompted BT’s first profit warning in almost a decade. BT is also still at loggerheads with Ofcom, the communications industries regulator, over the watchdog’s demand for a legal separation of Openreach, the BT unit that controls the UK’s broadband infrastructure. ...
Budget 2017: The misplaced confidence of the British consumer image
.... . To improve the amount of goods or services produced by each worker - and, therefore, the amount a company can afford to pay them - there has to be investment in technology, training and infrastructure. ...
Business wish list image
Source : BBC [Read Article] Sunday 5th of March 2017 01:37:19 AM
....The rules for the Enterprise Investment Scheme, Seed Enterprise Investment Scheme and Venture Capital Trusts are too restrictive and unnecessarily complex for entrepreneurs seeking equity funding, says the IoD. The manufacturers' organisation wants Mr Hammond to maintain his focus on boosting productivity and pressing ahead with infrastructure investment to ensure businesses are ready for "for post-Brexit success", says the EEF. ...
SSE glitch: 'Smart meter said I owed thousands' image
Source : BBC [Read Article] Saturday 4th of March 2017 10:25:34 PM
.... So imagine the surprise of some SSE customers whose smart meters calculated that they had run up bills of thousands of pounds in a single day. Five million so-called 'smart meters' have already been installed in British homes using a completely bespoke infrastructure at a cost of £11bn. ...
Sorry, Brexit doomsayers, the outlook is good on global growth image
Source : Guardian [Read Article] Saturday 4th of March 2017 05:00:20 PM
....They are betting that far-right groups in Europe will lose out to centre-right groupings and that the financial problems in Greece are ring-fenced; that the Chinese communist party will retain its grip on the economy to keep things moving forward; and that Russia will consider it too risky to encroach further into Ukraine. They also take a generous view of Donald Trump’s plans for tax cuts and infrastructure spending while dismissing his tub-thumping demands for a wall with Mexico and a trade war with almost anyone who wants to have a fight over tariffs. ...
Fixing America's failing infrastructure won't be easy, despite Trump's pledge image
....Donald Trump campaigned on a pledge to rebuild America’s failing backbone and he doubled down on that pledge last week. This week he’ll be offered another chance to push for investment when the American Society of Civil Engineers (ASCE) release its latest report on the state of America’s infrastructure. ...
Every time we take an Uber we’re spreading its social poison | Laurie Penny image
.... The last great American entrepreneur will be the person who manages to monetise placards and pitchforks. Here’s the awful truth: we have entrusted the reorganisation of our social infrastructure to the sort of people who shout at their subordinates and drivers and view women as a collection of parts. ...
Bridgend reels from jobs threat hanging over Ford plant image
Source : Guardian [Read Article] Friday 3rd of March 2017 07:00:39 AM
.... “There will be some eastern European country offering Ford a greenfield site and cheap labour. When Ford ask about infrastructure, they’ll say: ‘No problems, we’ll get an EU grant. ...
The smaller the better? image
Source : BBC [Read Article] Friday 3rd of March 2017 12:08:53 AM
....For example, she says there is "no way" printer and PC company HP Inc's decision last year to buy Samsung's printing business for $1bn would have happened when it was part of the larger firm. "We would have allocated a billion dollars for a cloud or big data analytics or the next generation of software to find infrastructure. ...
MPs: UK government industrial strategy 'not long-term' image
Source : BBC [Read Article] Friday 3rd of March 2017 12:01:29 AM
...."What happens if something is really important to the UK economy and they don't come forward with a sectoral deal?". Instead the committee wants the government to focus on "horizontal" policies that would benefit the wider economy like boosting skills, infrastructure and R&D. ...
Donald Trump has made rookie mistakes – he must change his approach image
Source : Guardian [Read Article] Thursday 2nd of March 2017 08:59:39 AM
.... But Trump cannot change the rules of the game singlehandedly, he must work within the constraints of the US government’s many mediating institutions and strong system of checks and balances. Many of Trump’s policy priorities – including tax reform, some deregulation, a military buildup, infrastructure spending and the repeal and replacement of the Affordable Care Act – will require legislation. ...
'You weren’t scared?': Nissan takes us for a ride in the Leaf driverless car image
....By 2020, cars from Nissan (and other manufacturers) should be capable of driving on urban roads and intersections. Public perception, infrastructure and legislation on questions such as insurance will be the factors delaying widespread implementation, rather than technology, manufacturers believe. ...
Dow Jones breaks through 21,000 mark image
Source : BBC [Read Article] Wednesday 1st of March 2017 09:48:45 PM
....Shares have been climbing since Mr Trump's election victory after investor optimism about deregulation. He has also promised to cut taxes and boost infrastructure spending. ...
Wall Street stocks rise after Trump's corporate tax cut promises image
Source : Guardian [Read Article] Wednesday 1st of March 2017 06:42:20 PM
. President Donald Trump has helped drive up stock markets on Wall Street and in London to new highs, after he promised corporate tax cuts and a spending splurge on infrastructure projects to boost the economy. ...
FTSE 100 closes at new record high image
Source : BBC [Read Article] Wednesday 1st of March 2017 09:19:22 AM
UK’s housing market is broken, and only a radical solution can fix it | Peter Hetherington image
.... There is even a strong hint that the public sector – councils and government agencies – rather than developers should get the financial benefit from an uplift in land value once planning permission is granted. If that sounds radical, it is a model that funds housing, and infrastructure, in many other countries. ...
UK 'must insulate 25 million homes' image
Source : BBC [Read Article] Tuesday 28th of February 2017 12:07:22 AM
....4 homes every minute. The authors say this huge challenge also offers an unmissable opportunity under the government's infrastructure agenda. ...
Dow Jones stock index hits best winning streak in 30 years image
Source : BBC [Read Article] Monday 27th of February 2017 10:19:25 PM
. The US Dow Jones stock index has closed at a record high for the 12th day running as Donald Trump promised a "big" infrastructure announcement. ...
Trump lays out hike in military spending image
Source : BBC [Read Article] Monday 27th of February 2017 09:03:25 PM
.... . He also said he would spend "big" on infrastructure like roads and rails, but he has not yet revealed his tax plans. ...
Theresa May must block London Stock Exchange bids until after Brexit | Nils Pratley image
.... Brexit then piled confusion upon uncertainty. If we don’t know what passporting and clearing arrangements will apply in future, how can anybody sensibly assess the long-term consequences of creating a bigger European mash-up of financial infrastructure?. ...
If EU workers go, will robots step in to pick and pack Britain’s dinners? image
Source : Guardian [Read Article] Saturday 25th of February 2017 04:00:05 PM
....“There is a machine that gathers strawberries, but you have to adapt the crop to the machine,” says Agustín Muriel, a technical and quality control expert at Alfrut. “If we were to use machines, we would have to modify our entire infrastructure and it would require a lot of investment in machinery, which is designed mainly for large areas and really big companies. ...
The Bank of England fears it may not spot the next crisis. Here’s where to look image
....Trump is running his White House much like he controlled the two teams on The Apprentice. The radical team and the sober-suited team are sent away to determine how to overhaul corporate taxes one week, impose tariffs on Mexico the next and in the third week resolve how to increase infrastructure investment. ...
Blair is right on Brexit: parliament must have a democratic debate | Anatole Kaletsky image
.... Because the leave campaign successfully combined a multitude of different grievances, May now claims the referendum as an open-ended mandate. Instead of arguing for controversial Conservative policies – including corporate tax cuts, deregulation, unpopular infrastructure projects and social security reforms – on their merits, May now portrays such policies as necessary conditions for a “successful Brexit”. ...
Deportation orders threaten Trump's own turf: the real estate market image
Source : Guardian [Read Article] Thursday 23rd of February 2017 12:00:02 PM
....”. A further consideration, says Fix, is that infrastructure projects, including a border wall, could be complicated by immigrant deportation efforts. ...
Green Investment Bank: Australian bidder woos MPs as protests continue image
Source : Guardian [Read Article] Thursday 23rd of February 2017 10:33:25 AM
....The bank also manages the world’s first offshore wind fund, which is comprised of private capital from a sovereign wealth fund, European institutional investors and a number of UK pension funds. Finally, there’s a joint venture with the UK government, funded with £200m of capital, to invest in green infrastructure projects in India and Africa. ...
Humbled Unilever aims to show shareholders it values their loyalty image
Source : Guardian [Read Article] Wednesday 22nd of February 2017 07:36:53 PM
.... But, in retrospect, the panic over banks was wildly overdone. In encouraging news, Greg Clark, the business secretary, says he will set out proposals on the government’s stance towards foreign takeovers of British firms, or at least as it will apply to “critical infrastructure”. ...
UK plans draft response to foreign takeovers after failed Unilever bid image
Source : Guardian [Read Article] Wednesday 22nd of February 2017 03:07:18 PM
....The business secretary, Greg Clark, has pledged to outline how the government should respond to foreign takeovers of crucial UK firms in the wake of Kraft Heinz’s failed £115bn bid for Unilever. Speaking at a conference in London, Clark said he would draft proposals in the coming weeks to show how ministers should handle controversial takeover bids, including bids for infrastructure projects by foreign corporations. ...
Paris, Frankfurt, Vilnius: how EU cities are vying for London's bankers image
Source : Guardian [Read Article] Tuesday 21st of February 2017 06:00:11 PM
.... It is unashamedly going after sectors such as fintech, high-frequency trading and above all London’s euro clearing business. The Dutch capital hopes its central European location and advanced digital infrastructure will attract heavily tech-reliant financial services firms that will prove a better fit for Amsterdam’s relatively sober financial culture. ...
The supermarket food gamble may be up | Felicity Lawrence image
Source : Guardian [Read Article] Monday 20th of February 2017 06:00:29 AM
.... Then with Spain and Portugal also joining in 1986, fresh territories from which to source opened up. European funds paid for fast new road networks across the Mediterranean, building the infrastructure for 44-tonne refrigerated trucks to whisk southern produce to northern Europe in the winter months, not just to the UK but to Germany and Scandinavia too. ...
Baby boomers don’t deserve to be punished | Letters image
Source : Guardian [Read Article] Sunday 19th of February 2017 06:31:16 PM
.... People paid their taxes – basic tax rate of 33% in the 1960s – and national health insurance. These taxes paid for libraries, hospital care, swimming pools, parks, schools, good transport and infrastructure. ...
Automated holidays: how AI is affecting the travel industry image
Source : Guardian [Read Article] Friday 17th of February 2017 06:00:02 AM
.... “You would probably have sabotage and riots. These countries also don’t have a strong technological infrastructure as back up – where you have failure, you could have catastrophic failure. ...
Trump's changed stance on Nato, will he sober up about IMF and WTO? | Barry Eichengreen image
....The real test of Trump’s stance on multilateralism will be how he approaches the WTO. Persuading the US Congress to agree on corporate and personal income-tax reform, a $1tn infrastructure initiative, and a replacement for Obama’s signature health-care reform won’t be easy, to say the least. ...
Markets hit new highs over Trump's change of tone on Japan and China image
Source : Guardian [Read Article] Monday 13th of February 2017 06:01:07 PM
.... The index has been supported by signs that the UK economy has so far avoided the worst predictions made ahead of the Brexit vote. Elsewhere, mining shares were among the biggest gainers as metal prices moved higher, partly on the expected benefits of Trump’s promised infrastructure spending plans and partly on recent positive figures from the Chinese economy, including a better than expected 7. ...

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