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Latest Alternative Investment company news
The Office for National Statistics unpacked a Christmas gift for the British economy last week. It revised the previous estimates of GDP growth in Q3 2011 up to 0.6% from 0.5% quarter-on-quarter growth.
From a production side, the UK owes its growth to services, while manufacturing is stalling. Household incomes rose slightly (0.3% q/q), but most of this was put away as the savings ratio increased from 6.4% in Q2 2011 to 6.6% in Q3. Households are thus keeping up their debt reduction efforts,... [more]
It is worrying that the major indices continue to slip despite being at multi-year lows. The re-emergence of M&A in the large cap pharma sector has failed to reinvigorate the markets, with continued selling in the wider arena. On a more positive notes, we haven’t seen triple digit losses, but it is concerning that we aren’t see bargain hunters dip in to the market at these levels. This morning’s French data has come in at worse than expected levels, which will put further downward pressure on th... [more]
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