News archive from 13 February 2014, page 1

Carney ditches jobless link with interest rates

Carney ditches jobless link with interest rates

The Bank of England abandoned its strategy of linking interest rate policy solely to unemployment yesterday, as it stressed any rise from historic lows would be "gradual and limited" to avoid derailing the recovery. Bank governor Mark Carney...

Scotsman, 00:10 in Business
 
Comment: ‘Nuanced’ is the new guidance

Comment: ‘Nuanced’ is the new guidance

FORWARD guidance on interest rates is not dead. Governor Mark Carney's signature policy just had a bit of an unemployment shock and has had a salutary lie-down in the Bank of England monetary policy committee's (MPC) dark room. Now it feels refreshed...

Scotsman, 00:10 in Business
 
Sainsbury’s Bank mortgages on cards

Sainsbury’s Bank mortgages on cards

SAINSBURY'S Bank is accelerating its job creation plans and looking to follow Tesco Bank by moving into mortgages. Chief executive Peter Griffiths said the payroll at the Edinburgh-based bank would rise this year from 400 to 480 and that its move...

Scotsman, 00:10 in Business
 
Koreas hold first top-level talks for 7 years

Koreas hold first top-level talks for 7 years

North and South Korea held their first high-level talks in seven years on their fortified border yesterday, exploring ways to improve ties while the South and the United States geared up for military exercises that have angered the North. The meeting...

 
Trainee social workers taught too much theory, says report

Trainee social workers taught too much theory, says report

Michael Gove recently criticised universities for teaching "left-wing dogma" to young social workers. Photograph: Facundo Arrizabalaga/EPA Too many trainee child protection social workers spend too much time studying abstract political...

Guardian, 00:11 in Learning
 
Syria bombs rebels as Russia told to pressure Assad

Syria bombs rebels as Russia told to pressure Assad

Syrian warplanes pounded a rebel-held town near the Lebanese border yesterday as opposition leaders in Geneva called on Russia to put pressure on the government to prevent the faltering peace negotiations from collapsing. A second round of talks that...

 
CAR a ‘tragedy of historic proportions’

CAR a ‘tragedy of historic proportions’

The exodus of tens of thousands of Muslims from the Central African Republic amounts to ethnic cleansing, Amnesty International has said, warning that the sectarian bloodshed now under way despite the presence of thousands of peacekeepers is a...

 
Architect says plans ‘despoil’ poetry library

Architect says plans ‘despoil’ poetry library

The creator of the Scottish Poetry Library's home in Edinburgh's Old Town fears it will end up looking like "a corner shop" if extension plans go ahead. Architect Malcolm Fraser has accused library bosses of agreeing plans which will...

 
Malcolm Fraser on the Scottish Poetry Library

Malcolm Fraser on the Scottish Poetry Library

The Scottish Poetry Library is a wonderful institution, a vibrant wee cultural powerhouse. I’ve been their architect for 20 years, first for alterations to their old home but then building them a complete new one, down a close off the Canongate. The...

 
Daredevil dog survives 100ft plunge after leap from viaduct

Daredevil dog survives 100ft plunge after leap from viaduct

A dog owner has told of the moment she saw her Golden Labrador fall more than 100ft from a viaduct - and miraculously survive. Lucky lab Lola was walking with owner Rachel Riley, 31, when she suddenly leapt over the wall of the 104ft-high Nidd Viaduct...

 

Swiss immigration vote shows loss of trust in business elite - minister

Swiss voters on Sunday narrowly backed an initiative "against mass immigration," following a successful campaign by the populist right-wing Swiss People's Party, which blamed an influx of foreigners for higher crime, rising rents and...

 

Exclusive: Drought could make Brazil lower 2014 fiscal goal - source

President Dilma Rousseff's credibility has been damaged by her government's failure to meet its fiscal targets and investors doubt Brazil will be able to even repeat last year's primary surplus of 1.9 percent of gross domestic product, which was...

 
Artificial intelligence: How to turn Siri into Samantha

Artificial intelligence: How to turn Siri into Samantha

"Siri, why do you struggle with conversations?" "I don't know what you mean - how about a web search for it?" If you want the latest football scores, to add meetings to your calendar or launch an app, today's virtual assistants are...

 
David Lan will bring flair to the World Trade Centre arts complex

David Lan will bring flair to the World Trade Centre arts complex

David Lan does that he is not afraid to contact critics if he thinks they have missed the point of a pathfinding production. Photograph: Tristram Kenton It comes as no surprise to learn that David Lan has been appointed as a consulting artistic...

 

U.S. banks OK to trade on European derivatives platforms

The Commodity Futures Trading Commission's announcement came just days before tougher rules governing the $630 trillion (379.49 trillion pounds) unregulated derivatives markets will take effect. The markets were at the centre of the recent financial...

Reuters, 00:24 in Business
 


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