Business Turnaround Articles

Please find  some recent news stories about the Business Turnaround and Economics that have interested us here at Speakers Corner. If you think you have a news item that should appear on our site, do not hesitate to call us on 020 8866 8967 or e mail us at news@speakerscorner.co.uk



Services PMI: what the economists say
4th August 2010 News of government's cuts already knocking private sector activity, even though the bulk are yet to come, sent the pound lower and UK government bond prices higher. Here is a round-up of economists' reactionsCancelled public sector contracts and a slowdown in demand for new work saw services sector growth slow to its lowest in more than a year in July,...

It's too soon for austerity, Ben Bernanke tells Congress
23rd July 2010 The head of America's central bank, Ben Bernanke, warned against immediate European-style budget austerity measures yesterday when he insisted that withdrawing fiscal stimulus was too risky for the recession-threatened US economy.In...

Ben Bernanke the cranky oracle spells midterm doom for Democrats | Megan Carpentier
22nd July 2010 Ben Bernanke's message about the economy means bad news for Democrats in November, no matter how they spin itBen Bernanke, chairman of the Federal Reserve and plain-spoken successor to the more infamously inscrutable Alan Greenspan, testified on Wednesday before the Senate committee on banking, housing, and urban affairs and today before the house committee...

Can Mervyn King save the UK banking system?
12th July 2010 The Bank of England spotted the City's flaws before the financial crisis but could do little – now it has the power to get toughWanted: tough, non-nonsense regulators to cast a beady eye over Britain's banks. Competitive salaries. Wisdom and hard-headedness more highly prized than youth. Those seeking a future career with Goldman Sachs will not be...

UK recession even deeper than first thought
12th July 2010 Six successive quarters of negative economic growth from spring 2008 until autumn 2009 were the toughest for the economy since the Great Depression of the 1930sThe deepest recession in Britain's post-war history was even more severe than previously feared, the government said today.Fresh information collected by the Office for National Statistics showed...

21st century depression | Paul Krugman
28th June 2010 The G20 has fallen for an orthodoxy that ignores history. It is not the time to be slashing spendingRecessions are common; depressions are rare. As far as I can tell, there were only two eras in economic history that were widely described as "depressions" at the time: the years of deflation and instability that followed the Panic of 1873; and the years...

G20 accord: you go your way, I'll go mine
28th June 2010 The Toronto summit shows that now the threat of a second Great Depression has passed, it will take another crisis for the G20 to redress global economic imbalancesBorn out of necessity in the dark days of late 2008, the cracks are beginning to show in the G20. Developed and developing nations were united when confronted with the collapse of world trade...

Germany feels the weight of history | Ilana Bet-El
26th June 2010 The eurozone crisis has put Germany under pressure. But it can't enjoy economic leadership without taking responsibilityGermany-bashing due to the euro crisis has become something of a vogue. The French have been at it for some time, and earlier this week, the US also sent out worried signals about German demands for austerity in the eurozone before...

Pre-budget forecast: Facing up to the figures | Editorial
15th June 2010 Sensible and measured OBR approach now needs to be matched by a more balanced political debateIt does not require an unduly suspicious mind to see that public opinion has been expertly softened up since the general election in readiness for the budget next week. First came the George Osborne and David Laws instant austerity programme. Then, playing...

The most perilous of cuts is to sever the historical record | Polly Toynbee
7th June 2010 The fate of the hugely valuable birth cohort studies will tell us a lot about this government's true intentions'Our whole way of life" will be affected, "every single person", "perhaps for decades to come", David Cameron warned today yesterday. The message was apocalyptic: everything is "even worse than we thought". The cuts, he said, will be "open,...

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News

2nd September 2010
Michael Douglas shared his struggle on The Late Show with David Letterman yesterday and keynote speakers including Lance Armstrong and Martina Navratilova have been open to sharing their own experiences and stories of hope.
1st September 2010
The BBC One controller, Jay Hunt has confirmed that Graham Norton's chat show will switch to friday nights in October to replace Friday Night with Jonathan Ross.