Fantasy, IMF forecasts and real return investing 09/10/2013 Economic forecasts have a justified reputation for being useless. (Trust me as someone who once spent three years at a macroeconomic forecasting institute I think I can speak from first hand experience on this one). And given its forecasting record the forecasts produced by the International Monetary Fund (IMF) are probably worse than useless. So the news that it has again upgraded its 2013 UK growth forecast to 1.4 percent, the second time it has done so since April should be greeted with the usual amount of derision.
When it comes to investing, it is ‘good to be green' 03/10/2013 As energy efficiency, pollution control and the impact of fracking are all making the headlines, it’s been good to be green over the last year, with figures from the Department of Energy and Climate Change showing a sharp rise in power coming from renewable energies, said The Association of Investment Companies (AIC).
IMs and bankers in buoyant mood CBI/PwC survey 02/07/2013 Investment managers and bankers have enjoyed a further improvement in sentiment, buoyed by strong improvement in revenues and profitability according to the 95th PwC/CBI financial services survey.
Barclay's view from the North of UK 28/05/2013 Steve Thompson, head of Barclay's private banking operations in the North, is content with the size of the business and despite following a period of sustained expansion he is careful to leave the door open for the right candidate.