The Debate: Should London’s suburbs be spikier? October 17, 2024 A housing crisis and London’s relatively flat skyline have prompted calls for building taller (or ‘spikier’) in the suburbs. Growth bros on Twitter are desperate for London to “densify”, i.e. cram more buildings into a smaller space by building taller structures or extending current buildings upwards. Yet London’s outer regions are typically flat with parks, [...]
The Capitalist: Guildhall’s gossip police on patrol as M&S boss skips Investment Summit October 17, 2024 Dispatches from Labour's Investment Summit, M&S's CEO's big night out and hijinks at Cheltenham: catch up on City gossip in The Capitalist.
An unexpected side effect of non-dom rule changes? Divorce October 17, 2024 Much has been said on the financial implications of non-doms leaving the country due to punitive taxes, but less attentions has been paid to the personal and family consequences of such moves, says Cara Nutall Prime Minister Keir Starmer has stated that “painful” decisions are unavoidable to repair the UK’s economic damage and has asked [...]
Is Gen Z really a risk to businesses? October 17, 2024 A lazy, entitled and narcissistic generation, more interested in TikTok than hard work. The stereotypes about Gen Z have, apparently, become so pervasive that managing a young workforce is now considered the biggest business threat by CEOs. Just 38 per cent of executives are “very confident” in tackling demands for better pay and benefits from [...]
Here’s how Reeves could use the Budget to incentivise investment October 17, 2024 As well as balancing the books, Rachel Reeves should use the Budget to help businesses recapture their joie de vivre, says Claire Blackburn The new government’s first Autumn Budget on 30 October is arguably the most anticipated fiscal event in recent memory. Balancing the books will be a top priority and the £22bn hole in [...]
Let’s be honest… feel-good campaigns are ruining Britain October 17, 2024 Every government promises to cut red tape but ends up adding more. The only way to break the cycle is to stop listening to nice sounding arguments, says Matthew Lesh Google’s CEO Eric Schmidt did not mince words at this week’s International Investment Summit. “Maybe you need a minister of anti-regulation?” Schmidt said to Prime [...]
How Poland and Vietnam escaped poverty October 17, 2024 In a new book, Rainer Zitelmann examines how Poland and Vietnam escaped the ravages of the Cold War to become some of the world’s fastest growing economies – and argues that poverty isn’t inevitable, it’s a policy choice says Kristian Niemietz Case studies in recent economic history typically deal with unambiguous success stories, or unambiguous [...]
The Square Mile and Me: M Restaurants founder Martin Williams on backpack etiquette and mandatory two hour lunches October 17, 2024 Each week we ask a City figure to take a trip down memory lane. Today it’s Martin Williams, CEO of Groucho and founder of M Restaurants on the City staple’s 10th birthday What was your first job? I started working in hospitality when I was sixteen, as a dishwasher in a grotty hotel in North Yorkshire. I [...]
Making work pay is good for growth October 17, 2024 Don’t listen to populist outcry over the Employment Rights Bill, all the evidence shows protecting workers from exploitation is good for the economy, says Sam Fowles Labour workers’ rights reforms have prompted predictable howls of outrage. The Employment Rights Bill, apparently, “injects fear” into business and will “damage British competitiveness”. Ironically, the most hysterical wails [...]
When it comes to national insurance, the government is pulling a fast one October 16, 2024 One of the many problems the government has got itself into over tax rises that may or may not appear in the upcoming Budget is an oversimplification of where the cost of a certain tax falls. Ministers and their supporters talk about Capital Gains Tax as if it only lands on rich people selling off [...]