Sunday, 10 June 2007
Sunday Papers round-up - Business
The usual round-up of the 10 most interesting business stories in the UK broadsheets this weekend. Quite a momentous week in the end, interesting to see the stock market fall despite rates being held. The next few weeks will show what is to come for the beginning of Brown's reign:
BAE Scandal - This just won't go away as the lefties are firmly on to it. Whether there is any wrongdoing or not, we shall see; it would be a non-story without the ridiculousness of the once ' ethical' foreign policy.
Sports direct saga - This continues, with Mike Ashley effectively sticking two fingers up at the city. The clever city bankers and investment managers are certain to get their hands burned here; Ashley will be set to buy the company back from them for half the price he sold it to them for next year. The city say he is mis-behaving; yet they stand to lose, so it is the investors who should change tactics if they want to avoid a haircut.
Workaholism test - Do you work to hard? I try not too, but must be borderline. If you add in blogging then where does that leave you?
Bond Market shenanigans - this article is important, because it acknowledges the spread of some serious underlying risks to the markets as a whole. On the other hand it is very badly written and it loses me; it needs more English and less Jargon.
Postal strike madness - Adam Crozier is a serial company menace. Look at the mess he left behind at the FA. Now he is wrecking the post office too; cutting pay without negotiation is always going to cause a strike.
Joke story of the week - Osborne hires Thornton - this will change the world, George Osborne has hired a small league accounting firm to look at ways to reduce red tape...go get 'em Tiger!
Hips fiasco - The disastrous government policy lays in even more tatters. Surely this utter mess requires a resignation?
EU ministers back hope over reality - or in this case Galileo, a typical EU vanity project that unsurprisingly has few backers or a credible business plan.
Watch out Chelsea - Wigan owner sells JJB and could not make Wigan a serious player in the premiership.
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Posted by CityUnslicker