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Showing posts with label 2017 at 12:47PM. Show all posts
Showing posts with label 2017 at 12:47PM. Show all posts
Saturday, May 27, 2017
Theresa May is still heavy favourite to win the election despite Labour’s poll surge
LONDON — Theresa May is still heavily favoured to remain as prime minister after the June 8 election, despite a clear surge for the Labour Party in recent opinion polls.
Prime Minister May has an 88% implied probability of winning the general election next month at the time of writing, while Labour leader Jeremy Corbyn has a 12% chance, according to prices on the Smarkets betting exchange.
The political betting markets are continuing to lean heavily in the Conservative leader’s favour despite polls showing the gap between the Tories and Labour getting narrower the closer we get to voting day.
A YouGov poll published for the Times newspaper on Thursday evening put the Tories just five percent ahead of Labour. The Conservatives had a 16% lead over Corbyn’s party in a poll YouGov published just over two weeks ago.
Nevertheless, May remains the heavy favourite to wake up as prime minister on June 9.
Corbyn’s implied probability is low but steadily on the rise. He had just a 4.55% implied probability of becoming prime minister with the Smarkets exchange two weeks ago, meaning his chances have doubled in space of 14 days.
However, bettors remain convinced that May will win the election, despite a less-than-ideal campaign marked by a major U-turn over social care policy and accusations of avoiding members of the public and talking to journalists.
A Smarkets customer who can’t be named stands to lose £9,000 if May doesn’t remain prime minister.
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NOW WATCH: Douglas Carswell: 3 reasons why the Leave campaign won
May 27, 2017 at 12:38PM
from Adam Payne
Sunday, May 21, 2017
The Top 5 Tax Paper Downloads
There is quite a bit of movement in this week’s list of the Top 5 Recent Tax Paper Downloads, with new papers debuting on the list at #3, #4, and #5: [306 Downloads] The Offshore Tax Enforcement Dragnet, by Shu-Yi Oei (Tulane) [229 Downloads] BEPS and the New International Tax…
May 21, 2017 at 12:29PM
from Paul Caron
Tuesday, May 16, 2017
Expect more detail on ECB easing in September: Pro
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Stewart Richardson, partner at RMG Wealth Management, discusses his expectations for the European Central Bank’s bond-buying program.
May 16, 2017 at 12:40PM
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BOJ will not quit easing on Kuroda’s watch: Pro
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Stewart Richardson, partner at RMG Wealth Management, speaks about inflation and interest rates in Japan as well as central bank monetary policy more broadly.
May 16, 2017 at 12:40PM
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Inequality – not just Brexit itself – a key issue in UK election: BNP Paribas
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Paul Mortimer-Lee, global head of market economics and chief economist for the U.S. at BNP Paribas, argues that “real economic concerns” are also driving the U.K. election.
May 16, 2017 at 12:40PM
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European markets open slightly lower; earnings and data in focus
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European markets opened slightly lower as investors continued to weigh global security concerns and awaited the latest batch of corporate earnings.
May 16, 2017 at 12:40PM
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Friday, May 12, 2017
Hyundai and Kia ordered to recall thousands of cars by South Korean government
May 12, 2017 at 12:45PM
from Sam Dean
Thursday, May 11, 2017
Another for the auditing hall of shame: this time it’s PWC
As the FT reports this morning:
The UK’s accounting industry watchdog has fined professional services firm PwC £5m for “misconduct” in relation to the audit of Connaught, a FTSE 250 company put into administration in 2010.
This is one of the biggest fines ever administered by the Financial Reporting Council, the independent investigative and disciplinary body for accountants and actuaries in the UK. PwC was also ordered to pay the FRC’s legal costs and to make an interim payment of £1.5 million.
One day someone in authority will realise a) auditing needs to be done properly b) needs to be regulated on a timely basis and c) needs to be distinct from the supply of all other services.
One day……
May 11, 2017 at 12:36PM
from Richard Murphy
Ireland is treating EU Brexit negotiator Michel Barnier like ‘John F Kennedy, Nelson Mandela, and François Mitterrand’
Ireland is wooing EU Brexit negotiator Michel Barnier, hoping that special treatment for the Frenchman will help secure a good deal for the country in Brexit negotiations.
The Financial Times reports that Barnier will be treated to “the trappings of a visiting head of state” when he visits Dublin on Thursday.
Barnier, who is the chief negotiator for the European Commission, one of the three main EU bodies, will be allowed to address the Irish Parliament, an honour normally reserved for presidents and prime ministers.
The FT quotes Neale Richmond, the government spokesman on EU affairs in the Irish Senate, as saying:
“It’s a reflection of the importance of the role he has. That’s why we are putting him on the same pedestal as John F Kennedy, Nelson Mandela and François Mitterrand.”
Ireland is worried that Brexit could prove hugely disruptive to its economy due to its strong trade links with Britain.
The country’s government is also concerned about what will happen to its border with the UK post-Brexit, which will be Britain’s only land border with the EU. Ireland’s foreign minister has warned that a hard Brexit, and a return to tough border controls, could put peace in Northern Ireland at risk.
Both the UK and EU have signalled that establishing Ireland’s future relationship with Britain is a key priority in negotiations. Theresa May said in January that maintaining a soft border with Ireland was one of her 12 key Brexit priorities.
By wooing Michel Barnier, the hope is that this will help Ireland’s position in Brexit negotiations.
While Ireland is concerned that it could face political and economic upheaval from Brexit, Dublin may well see an economic boost. Financial and professional services firms in the UK are currently putting in place contingency plans for Brexit, many of which include moving staff and operations to EU cities. Dublin is seen as a popular choice, with large corporates such as JPMorgan seeking to set up shop there.
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NOW WATCH: WATCH: Putin reacts to Trump firing FBI Director James Comey
May 11, 2017 at 12:42PM
from Oscar Williams-Grut
POLL: The Conservatives’ lead seems unshakeable right now
- The Conservatives are still in the lead to win the general election by a landslide.
- Conservatives are on 46% of the vote share versus Labour on 30%.
- This is the latest poll to support the prediction that the Tories will win by around a 100 seat majority.
The Conservatives’ lead in the polls voting in the general election on June 8 looks pretty unshakeable right now.
The latest YouGov poll for The Times interviewed 1,651 people between May 9 and 10.
It showed that while the percentage of people intending to vote for the Tories slipped by just 1% from the previous poll, May’s party is still massively ahead of Labour with 46% of the share versus the main opposition — Labour — which is at 30%:
Westminster voting intention:
CON: 46% (-1)
LAB: 30% (+2)
LDEM: 11% (-)
UKIP: 5% (-1)
(via @YouGov / 09 – 10 May)
Chgs. w/ 05 May
— Britain Elects (@britainelects) May 10, 2017
This is the latest in a long line of polls that each show the Tories are set to win the general election by a massive majority. Some predictions put Tories on winning by over 100 seats, which could see the Tories would take back control of seats they lost by a small margin last time.
In Britain, there are currently are dozens of seats that the Tories lost out to Labour on in the 2015 general election. But now, with the polls in, it looks like they will take those in the upcoming election — including those from the current Labour heartlands in the North, Wales and London.
Click here to check out where those seats are.
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NOW WATCH: Yale history professor: Trump’s path to tyranny is unfolding
May 11, 2017 at 12:42PM
from Lianna Brinded
Wednesday, May 3, 2017
Dr. Jeffrey Simon Of New Jersey Joins The Coleman Institute Network
The Coleman Institute, a nationally recognized leader in opioid addiction treatment, is excited to have Jeffrey Simon, MD join our network.
(PRWeb May 03, 2017)
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May 03, 2017 at 12:39PM
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