Sunday, 9 October 2011

ECONOMICS NEWS

Financial week ahead: October 10 - October 14

UK retail sales, a Burberry trading update and the eurozone bail-out fund.

08 Oct 2011

If women won’t spend their way out of the financial crisis, then we’re doomed

The only way to stimulate the economy is to return real money to the people who control the purse strings, says Janet Daley.

08 Oct 2011

France pushes Germany on bank rescue deal

France and Germany will make a high-stakes attempt to settle their differences over who pays for a multi-billion pound rescue of eurozone banks, with the French pushing for help from the eurozone's emergency fund.

08 Oct 2011

Talking up austerity will never bring down the UK's debt, Mr Osborne

The Chancellor's policy of credit easing and QE aims to avoid the real problem of facing up to a grid-locked banking system, writes Liam Halligan.

08 Oct 2011

Factory gate prices rise amid profit protection

Factory gate prices rose at their fastest rate for nearly three years in September, as manufacturers sought to protect their profit margins after a surge in raw material costs over the past year.

08 Oct 2011

Banks are warned not to rely on future bailouts to survive

Banks have been warned that they will have to prove they can "pay their way in the world" because they cannot rely on bail outs from the government in future.

07 Oct 2011

Value of private pensions falls by nearly a third

Low interest rates and market turmoil leave workers nearing retirement facing pensions a third lower than 2008.

07 Oct 2011

Debt crisis: live

Markets climb after key employment figures from the US come in better than expected, as Moody's cuts ratings of UK banks after the Bank of England stepped up its quantitative easing programme because of funding pressure on lenders.

07 Oct 2011

Stock markets rise on positive US jobs data

Stock markets ended the week with a small sigh of relief after the US economy created more jobs than was expected in September.

07 Oct 2011

Italy and Spain downgraded, Belgium on watch

Fitch downgraded its sovereign credit rating for Italy and Spain and said its long-term outlook for both countries was negative, while Moody's placed Belgium on watch.

07 Oct 2011

An entire system of global trade is at risk

Telegraph View: Next month’s G20 summit must go beyond the usual rhetoric. Confidence in the eurozone’s banking system has to be restored through recapitalisation of its banks.

07 Oct 2011

US jobs growth better than expected: reaction

US jobs growth was stronger than expected in September thanks to private-sector growth, easing fears the economy is slipping back into recession, but the unemployment rate was unchanged. Here we look at some reaction to the figures.

07 Oct 2011

Surprise jump in US jobs, unemployment rate steady

US employment grew more than expected in September and job gains for the prior months were revised higher.

07 Oct 2011

US economy adds 103,000 jobs last month

US employers added 103,000 jobs in September, a modest burst of hiring after a sluggish summer.

07 Oct 2011

Factory gate inflation highest in three years

British factory gate inflation rose to its highest in nearly three years in September, raising doubts about whether consumer price inflation will slow next year as rapidly as the Bank of England predicts.

07 Oct 2011

Samsung and Sony in smartphone boost

Business bullet: Samsung profits; Sony pulling away from Ericsson?

07 Oct 2011

Bank of England pins hopes on QE2 to keep economy afloat

Frankly, it’s a close call. Faced with keeping the economy afloat, who would you back? The Governor of the Bank of England, with his £75 billion, second round of quantitative easing?

07 Oct 2011

ECB puts up capital to help banks, but keeps rates on hold

The European Central Bank (ECB) announced new measures to support stricken banks in the face of the eurozone's spiralling debt crisis, but refused to cut interest rates.

06 Oct 2011

Debt crisis: as it happened - October 6, 2011

Live

Bank of England Governor Mervyn King says financial crisis could be "the most serious we've ever seen," as markets rally for a second day on £75bn quantitative easing plan.

06 Oct 2011

We know we're in trouble, Sir Mervyn, now we need government action

The Bank of England began pumping cash into the economy in March 2009. The policy was aimed at unfreezing markets and ending a severe bear run.

06 Oct 2011

Bank of England's QE2 may reach £500bn

The Bank of England may have to inject as much as £500bn into the economy to rescue Britain's faltering recovery, economists warned after the central bank shocked markets by restarting its money printing programme.

06 Oct 2011

Printing more money won’t work this time

Inflation, not deflation, is the problem for the UK – and the Bank will make it worse, says Andrew Lilico.

06 Oct 2011

Jeremy Warner: Bank of England hits the panic button

Who was it who said that QE – printing money by another name – is the last resort of desperate governments, when all other options have failed?

06 Oct 2011

'Shock and awe' may be QE's biggest asset

"Shock and awe" is how some economists described the Bank of England's decision to bulk up its £200bn quantitative easing (QE) programme by £75bn on Thursday. And, certainly, the move shocked and awed the markets.

06 Oct 2011

Mervyn King on QE2: why this time will be different

The Governor of the Bank of England says the challenge facing the world economy is greater now than during the credit crunch.

06 Oct 2011