Bureau Chief, UK and Ireland
Jodie's Feed
Nov 20, 2010

Ireland’s four-year plan to be published Tue-report

DUBLIN, Nov 20 (Reuters) – Ireland’s four-year plan to
reduce its deficit will be published on Tuesday, ahead of any
international financial aid package, the Irish Times newspaper
reported on Saturday.

International Monetary Fund and European Commission
officials are in Dublin to discuss a bailout to help Ireland
cope with its struggling banks after concerns about bank
liabilities and plans to restructure eurozone debt sent
borrowing costs rocketing.

Nov 11, 2010

Irish mortgage arrears manageable – for now

DUBLIN (Reuters) – Levels of Irish home loan arrears are manageable for banks for now but could present a serious future risk to the country’s economy without additional support for homeowners.

Markets are nervous that mortgages could be the next black hole for Ireland’s savaged bank sector, which is being propped up with a massive injection of state funds, if government budget cuts drive unemployment higher, rates rise and house prices slump further.

Nov 11, 2010

Analysis: Irish mortgage arrears manageable – for now

DUBLIN (Reuters) – Levels of Irish home loan arrears are manageable for banks for now but could present a serious future risk to the country’s economy without additional support for homeowners.

Markets are nervous that mortgages could be the next black hole for Ireland’s savaged bank sector, which is being propped up with a massive injection of state funds, if government budget cuts drive unemployment higher, rates rise and house prices slump further.

Nov 4, 2010

Tate & Lyle beats H1 forecasts; shares bounce

LONDON, Nov 4 (Reuters) – British sweetener and starches
maker Tate & Lyle (TATE.L: Quote, Profile, Research, Stock Buzz) beat forecasts with a 21 percent rise
in its half-year profit on Thursday and said the performance
made it confident of making “progress” in the full year.

Shares in the London-based group were up nearly 5 percent at
514 pence by 0900 GMT.

Oct 28, 2010
via UK News

My life as a (non) spy

Photo

When I was in my final year at university, a senior member of staff asked me if I would be interested in applying for a job with Britain’s intelligence agencies. It was the kind of thing I had read about in books but never actually imagined happened in real life. But it did, and quite frequently it appears – one of my colleagues at Reuters was also approached while at a different university – and I know of several others.

At the time, I thought it was a strange call by the secret services. I had been involved in student journalism almost since day one of university and had gained something of a reputation for not being shy about reporting stories that did not reflect well on my immediate contemporaries – a front page story “‘Blazered w**kers close bar’” did not win me many friends in the rugby team.

Oct 26, 2010

Irish government unveils 15 billion euro adjustment over 4 yrs

LONDON (Reuters) – The Irish government said on Tuesday it had decided overall budget cuts of 15 billion euros (13 billion pounds) were needed to achieve its target deficit of 3 percent of gross domestic product (GDP) by 2014.

The finance spokesman of the country’s main opposition party told Reuters last week that this was a possibility.

Oct 20, 2010
via UK News

Treasury tables challenge notion of a ‘progressive’ spending review

During his speech to the House of Commons announcing how he would cut government spending, Chancellor George Osborne insisted that the richest 10 percent of Britons would bear the brunt of austerity measures.

But a glance at the tables in the Treasury’s own Spending Review report suggest a different picture.

Oct 19, 2010
via UK News

Reuters/Ipsos MORI poll: Conservatives ahead on economy

The latest Reuters/Ipsos MORI poll shows that, despite its plans for huge, swift cuts in public spending, most people think the Conservatives have the best policies on the economy.

Historically, the Tories have always been the more trusted party economically but struggled in recent years to convince people they were best placed to navigate the financial crisis and its aftermath. In March 2010, the last time Ipsos MORI asked the same question on economic policy, the public was fairly evenly split, with 29 percent favouring the Tories on the economy compared to 26 percent preferring Labour.

Oct 19, 2010

Conservatives ahead on economy – Reuters/Ipsos MORI

LONDON (Reuters) – The Conservatives are better than their Labour opponents at managing the economy, an increasing number of voters think — despite plans for major cuts in spending that will see state-funded services slashed.

The latest Reuters/Ipsos MORI political monitor shows that almost two in five Britons (38 percent) believe the Conservatives have the best economic policies compared to a quarter who prefer Labour’s stance.

Oct 5, 2010
via UK News

In search of Britain’s growth strategy

Photo

There’s a hunt going on at the Conservative party conference but the prey is proving strangely elusive. Take a look at the guide to the hundreds of fringe events taking place at the annual meeting and it’s clear the question of how to revitalise Britain’s economy is preoccupying delegates.

‘From Finance to Guidance: What can the new government do to support business growth?’, ‘A Manufacturing-led Economic Recovery: What is the government’s role?’, ”Where next for the skills agenda?’. These were just a handful of the debates being held in small packed-out rooms around the conference centre. The sheer quantity of events addressing the same theme, and their manifest popularity, shows just how hungry businesses, lobby groups and individuals are for a clearer idea of what’s next post-spending review.

    • About Jodie

      "Based in London, I manage our team of Reuters' text journalists and photographers here and in Dublin - covering everything from company news and economics to sport and culture. I have been with Reuters for 10 years, including three years spent covering equities in Johannesburg."
    • Follow Jodie