The UK Department for Transport is under fire over the cancellation of a deal to award a rail franchise, because of “technical flaws” in the bidding process.
The incident brings the British railway system back into the headlines, where it has often been because of contested fare rises. Complaints about the railways may be something of a national sport, but according to a survey published last month by Eurobarometer, the European Commission body that analyses public opinion, people in the UK are more satisfied with their national and regional rail system than most of their European counterparts. Read more
It has been a rocky road for Republican presidential candidate Mitt Romney since we last checked in on the polls, and the money is starting to lose faith in the challenger.
The Iowa Electronic Market from 8/23 through 9/25:
As of the end of trading on September 25, the disparity in contracts between Romney and US President Barack Obama was at an all-time high. The polls tell a similar, albeit more muted, story. Read more
Presumptive Republican presidential nominee Mitt Romney’s announcement on August 11 of Paul Ryan as his running mate drew a variety of responses, including cheers, jeers and even some comparisons to John McCain’s choice of Sarah Palin in 2008.
But for all the media fervor over Ryan and his controversial budget plan, the polling response has been muted compared to 2008. The Real Clear Politics poll shows Romney narrowing the gap from 4.6 points to 2.8 since the August 11 announcement.
But compared to 2008, the bump from Ryan looks inconsequential. Nine days after McCain announced Palin as his running mate, the GOP hopeful had not only erased a 3.9 point deficit, he had taken a narrow 1 point lead.
The latest data from the FT/Economist Business Barometer, the quarterly global business sentiment survey, was published last week and the business-friendliness section again made for interesting reading.
France’s “business friendliness” has plummeted since the last barometer survey, which was conducted before before the election of François Hollande as president. For the first time, more of the business executives surveyed by the EIU rated the country’s ”unfriendly” than “friendly” to business. Read more
With more than a year’s worth of of data from our exclusive business sentiment poll, the FT/Economist Global Business Barometer, now available, some interesting longitudinal patterns are becoming apparent for the first time.
Most notable among them is the steady erosion over the past year in executives’ perceptions of the “business friendliness” three of the world’s biggest developing economies, India, China and Brazil.