| Bank of England must realise its too early for a QE2 trip, with or without the right bikini Aaron Levenstein knew how to sex up a dull subject. "Statistics are like a bikini," the late prof at New York's Baruch College once observed. "What they reveal is suggestive, but what they conceal is vital." telegraph.co.uk |
Financial Stocks: Financials head south on European bank woes U.S. financial stocks on Tuesday were the worst-performing sector in the S&P 500 Index, closing down 2.4% as worries over European banks and sovereign debt moved back into the foreground. feeds.marketwatch.com |
Car makers consider passing VAT rise on to customers The biggest UK car brands are considering whether to raise the price of their vehicles in order to meet the 2.5 percentage point rise in VAT in January. telegraph.co.uk |
UK banks could need 2011 bail-out, warns New Economics Foundation UK banks may require a government-funded bailout in 2011 due an emerging funding gap of £25bn a month, the New Economics Foundation warned. telegraph.co.uk |
Movers & Shakers: Wednesday’s biggest gaining and declining stocks MarketWatch’s daily rundown of major gainers and decliners in the U.S. stock market. feeds.marketwatch.com |