Politics

Security experts warn neighbourhoods of festive burglars

Homeowners are being urged to be vigilant as Brits are expected to spend over £70 billion on Christmas this year and statistics show a 10 per cent increase in burglary during the winter months.

Twelve days of deflation points to ECB epiphany

By Michael Metcalfe, Senior Managing Director and Head of Global Macro Strategy at State Street Global Markets:

What will it take to end Russia’s currency crisis?

Alexander Moseley, Senior Portfolio Manager, Emerging Market Debt Relative at Schroders, comments on Russia’s currency crisis:

Westminster missing the mark with managers

Political promises don’t match bosses business priorities, suggests research

Managers looking ahead to 2015’s election will be left disappointed that proposed policies do not match their own business priorities.

CHART OF THE WEEK: Inclusive Wealth

Summary:

This week two departments of the UN released a joint report which put forward a new way of measuring a nation’s wealth. The “Inclusive Wealth” measure tries to include a number of things that GDP misses out, and produces some interesting results.

UKIP pledges to abolish 20% VAT on listed building repairs and maintenance

UKIP is the first political party to pledge abolishing the punitive and discriminatory 20% VAT rate on listed buildings repairs introduced by George Osborne in his 2012 Budget, replacing it with a rate of 5%.

Police failure to record crime under-estimated by HMIC

• Manipulation of crime figures raises questions for police leadership

• Evidence of “gaming” justifies independent judge-led inquiry

• Unreliable crime statistics cannot be used to measure police performance

Here is yet another chancellor applying to join the magic circle – EY ITEM Club comments

Commenting on the Chancellor’s Autumn Statement Peter Spencer, chief economic advisor to the EY ITEM Club, said:

“Here is yet another chancellor applying to join the magic circle.

OBR forecast signals dramatic public service cuts and longer living standards squeeze, says TUC

Commenting on the Office for Budget Responsibility (OBR) forecasts published yesterday (Wednesday), TUC General Secretary Frances O’Grady said:

Petition against ‘sinister’ EU-US trade deal tops million signatures in two months

Legal challenge against Commission filed in European Court of Justice

More than a million people across Europe – including over 180,000 in the UK

Acer CEO Speaks at the UK Parliament on Taiwan as a Leader in Computing, Smart Devices and Electronics

Acer Corporate President and CEO, Jason Chen, was invited to speak at the UK Parliament yesterday on Taiwan’s development and future as a leader in computing, smart devices and electronics.

Bank of England and HM Treasury announce extension to the Funding for Lending Scheme

The Bank of England and HM Treasury have announced a one-year extension to the Funding for Lending Scheme (FLS). This extension will provide lenders with continued certainty over the availability of cheap funding to support lending to small and medium-sized enterprises (SMEs) during 2015, even in the event of stress in bank funding markets.