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Archive for the ‘Markets’ Category

What better way to return to the blogosphere than on the back of this classic piece of pomp rock from Whitesnake (and by the way a special nod to the friend who suggested ‘Hello, Hello I’m back again’ (by convicted paedophile Gary Glitter)…I make my living advising people not to fall into precisely that kind of [...]

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Is the Governor of the Bank of England sending a signal to the banks with today’s shock 1.5% reduction in interest rates?  This is the view of my colleague Susan Eastoe, Edelman’s Deputy CEO and Public Affairs guru who says that in dropping base rates to their lowest point since 1955 it looks like Mervyn [...]

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I can understand why Barclays’ decision to eschew the Government’s offer of financial support in favour of raising funds from Middle East investors has angered its existing shareholders.  When the value of your investment has already taken a severe hammering the last thing you need is for your stock to be diluted still further.  Unsurprisingly [...]

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Mervyn King certainly put the cat among the pigeons on Tuesday evening with his unexpectedly pessimistic assessment of the UK’s economic fortunes.  With the Bank of England expected to cut interest rates again as soon as next month and Gordon Brown joining Mr King in using the R word for the first time yesterday the [...]

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News of the Government’s £37bn investment of taxpayers’ money into the battered British banking sector, alongside Barclays’ announcement that it is looking to raise a further £6.5bn of capital from the market, is further confirmation that we have moved from the point where we are experiencing a crisis of confidence to just a full blown [...]

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