Browsing All Posts published on »January, 2012«

Unemployment at record high across the eurozone

January 31, 2012

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written for New Statesman – words by Robert Pollard Unemployment figures increase as debt crisis continues to engulf the region. According to the Eurostat agency, unemployment across the eurozone hit record levels at the end of 2011, with the jobless rate standing at 10.4 per cent at the end of December. With 16.5 million people […]

Sarkozy set to introduce Tobin Tax

January 31, 2012

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written for New Statesman – words by Robert Pollard French President ready to implement a financial transaction tax and hopes move will encourage other countries to follow. Nicolas Sarkozy is ready to resist pressure from France’s finance sector and introduce a 0.1 per cent tax on financial transactions. The French president proposes to introduce the […]

Government will not intervene on RBS bonus payments

January 31, 2012

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written for New Statesman – words by Robert Pollard Downing Street says “We are not going to micro-manage bonuses”. David Cameron will not force any RBS executives to turn down bonus payments, despite growing calls for government intervention on executive pay. On Sunday, RBS chief executive Stephen Hester announced that he will not be accepting […]

Google reports web economy set to double

January 29, 2012

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written for the New Statesman – words by Robert Pollard Rise of mobile internet access set to spark sharp rise in G20 web value. Over the next 4 years the total value of the web economy in G20 countries will almost double in value, a new study has claimed today. The report suggests that the […]

Nintendo struggle to compete with smart device gaming

January 29, 2012

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written for the New Statesman – words by Robert Pollard Japanese game makers announce sharp drop in quarterly profits amid emergence of new gaming platforms. After a sharp decline in quarterly profits, Nintendo are now forecasting a loss of £370m over the next 12 months. It is thought that the company’s traditional videogame approach has […]

10 People Who Turned Down Honours

January 29, 2012

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written for the New Statesman – words by Robert Pollard Cabinet office publish list of 277 people who rejected OBEs, CBEs and knighthoods over the past 40 years. The names of people who have rejected honours from the Queen has been released after Cabinet Office officials were forced to publish the information. LS Lowry, CS […]

Fred Goodwin set to be stripped of knighthood

January 22, 2012

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written for the New Statesman – words by Robert Pollard Former RBS head could lose his knighthood as Cameron talks tough on executive pay. David Cameron has called for the removal of Fred Goodwin’s knighthood after formally asking the honours committee to revoke the award. The former head of RBS was given the honour as […]

Forecasters warn UK “already back in recession”

January 22, 2012

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written for the New Statesman – words by Robert Pollard  Interest rates set to remain low until 2016 as fears of double-dip recession continue to grow. A leading economic think tank has claimed that growth will remain so low for the next four years that the current base rate of 0.5 per cent will remain […]

Müller announce deal to buy Scottish dairy company

January 22, 2012

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written for the New Statesman – words by Robert Pollard  £279.5m deal agreed for Robert Wiseman Dairies after swift negotiations with German company Müller. German dairy company Müller Group have agreed a deal with Robert Wiseman Dairies which will see the Scottish company bought for £279.5m. The deal represents a 60 per cent increase on […]

Labour MP leaves media role after Hitler video gaffe

January 22, 2012

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written for the New Statesman – words by Robert Pollard Tom Harris causes further embarrassment to Labour after uploading spoof video of Alex Salmond. Labour MP, Tom Harris, has quit his role as internet advisor for the Scottish Labour Party after posting a video depicting First Minister and SNP leader Alex Salmond as Hitler. The […]