The debt nexus that binds the world June 27, 2011 MASOCHISTS seeking further evidence of the West’s decline will have had a field day this weekend. Most strikingly, China’s premier Wen Jiabao, currently visiting the UK, said his country was ready to buy billions of European debt to prop up the single currency. The Chinese haven’t lost leave of their senses – they can afford [...]
Social and delicious in one | City A.M. June 23, 2011 THERE are restaurants that open with whimpers and others that open with bangs. Ex-Ramsay super-protégé Jason Atherton’s new eaterie, Pollen Street Social, was always going to open with a bang – and, two months in, continues with a clamour. The clamour is not of chaos, plates smashing or chefs shouting, but of the throngs trying [...]
UK public finances still in sorry state June 22, 2011 SLOWLY but surely, the government is regaining control over public spending. Yet there is still a long way to go: the deficit, believe it or not, has actually been higher so far this financial year than it was during the same two-month period of 2010. This deeply depressing fact shows just how detached from reality [...]
States now the top systemic threat June 20, 2011 SO no solution was found to the Greek crisis last night – we will have to wait a little longer before finding out what sort of fudge our leaders have in mind for the Eurozone, and how much taxpayer cash they are preparing to throw at the bottomless pit that is Greece. The markets, needless [...]
Broadgate victory is great first step June 15, 2011 IT is merely a small, symbolic victory in a much bigger battle against red tape but it is great news that Jeremy Hunt will today announce that he won’t be listing Broadgate Estate, as we reveal on our front page. English Heritage’s indefensible bid to protect this unexceptional complex around Liverpool Street station, built in [...]
Broadgate: symbol of red tape Britain June 6, 2011 ON the face of it, it is hardly a major story that English Heritage wants to list the Broadgate office and retail estate in the City, a rather ugly 1980s construct in desperate need of modernisation. It is, however, a deeply symbolic move that confirms not only that Britain isn’t open for business but that [...]
How to triple your chances of winning the job June 1, 2011 TODAY’S job market is one of the most competitive we’ve ever seen. Good job opportunities attract literally hundreds of online applications. Often every one of these lists the same high levels of skills and qualifications. Just how can you stand out and win the job you want in this context? Especially when it is clear [...]
Greece is fast running out of money May 23, 2011 IT is looking worse by the day for Greece as the debt crisis trundles towards its inevitable and disastrous endgame. A default, however dressed up, can now only be a matter of time: the cash is fast running out. There is growing panic in Frankfurt, home of the European Central Bank (ECB), which has emerged [...]
Next IMF boss shouldn’t be European May 20, 2011 FAR too much time and energy is being wasted on trying to work out who the International Monetary Fund’s (IMF) new boss will be. The truth is that it is unlikely to matter that much: the individuals entrusted with the running of large transnational bureaucracies almost invariably find it impossible to break away from the [...]