Monthly Archives: November 2012

Should charges be clearer for workplace pensions? RDR is coming – we ask the FSA what it will mean for financial advice.
And horse racing – is there a way to profit that doesn’t involve a better slip?

 

Almost two years after the revolution that toppled Hosni Mubarak in Egypt, Cairo’s Tahrir Square is once again the scene of angry demonstrations. This time, however, the object of protestors’ anger is Mohamed Morsi, an elected president and leader of the Muslim Brotherhood, whose proposed reforms of presidential powers have sparked accusations that he is setting up a new dictatorship. Heba Saleh, Cairo correspondent, and Roula Khalaf, Middle East editor, join Gideon Rachman to discuss what’s next for Egypt.

 

If laughter varies with gender, it varies even more with power, says Lucy Kellaway

 

It’s good news for RBS as private equity groups including AnaCap Financial and JC Flowers join Virgin Money and Nationwide in expressing interest in the lender’s 316 branches, following the collapse of a deal with Santander in October. The banking team also discuss whether Barclays will follow the lead of UBS in winding down its global investment operations, following pressure from the bank’s biggest investors.

 

As Japan prepares for an early election on December 16, the yen has come under pressure, falling against the dollar. Will this trend continue into next year? Ian Stannard, head of European FX strategy at Morgan Stanley, joins Alphaville reporter David Keohane to debate the effect of domestic policy and trade on the yen, as well as its attractiveness as a funding currency. Also under discussion is the euro’s outlook for the next 12 months, after showing notable resilience in 2012.

 

After a short and bloody conflict in which at least 152 Palestinians and 5 Israelis died, a ceasefire has been declared between Israel and Hamas. In this week’s podcast, Gideon Rachman is joined by Tobias Buck in Gaza City and Middle East editor Roula Khalaf to discuss the recent fighting and its implications for the wider region

 

Pensions tax relief under threat, why the stock market can’t fix our retirement problems. And how to get exposure to an asset that some think could rise fivefold.

 

Lucy Kellaway says the ubiquitous coffee chain cannot be forgiven for the way it grinds out its message

 

In this week’s podcast:

In a special show focused on the high-octane world of motor racing, we hear how the Lotus F1 team is updating its back office IT, so it can put more resources into racing, and how Sahara Force India updated its website to provide a better service to its fans. Plus, F1 data specialists QuantumBlack on what businesses can learn from the sport.

Presented and produced by Stephen Pritchard

 

As scandal after scandal hits lenders, the banking team talk about the Financial Services Authority’s warning to banks operating in London that they must reduce bonus payouts. Also under discussion are proposals by the Financial Stability Board to tackle shadow banking, an industry worth half the size of the global banking sector.