Miliband hits out at City over high pay June 13, 2011 ED Miliband launched a scathing attack on the City yesterday, after he declared bankers and corporate executives had paid themselves high wages to the detriment of their organisations. The Labour leader used a speech in London to call for greater responsibility from big businesses and bankers, as well as wider society. His attack comes despite [...]
Trader fined £1.3m by FSA June 14, 2011 THE Financial Services Authority (FSA) has banned a trader for market abuse and ordered him to pay more than £1.3m in damages. Self-employed trader Barnett Michael Alexander was fined £700,000 and ordered to pay £322,818 in restitution to firms that experienced a loss as a result of his actions. An additional £306,312 was also transferred to [...]
Battersea tube link is viable November 7, 2010 Major landowners and council leaders in London’s Nine Elms area say a possible Northern Line extension to Battersea Power Station could be funded largely from developer contributions and would provide an economic windfall for the area. A study commissioned by the Greater London Authority (GLA) had put the total cost for new infrastructure at £1bn [...]
WHAT THE OTHER PAPERS SAY THIS MORNING July 17, 2011 FINANCIAL TIMES TESCO TO TRIAL LOYALTY CARD AT US OPERATION Tesco is poised to trial a version of its successful Clubcard loyalty scheme in the US, as it strives to stem losses at its Fresh & Easy chain. Tim Mason, chief executive of Fresh & Easy, said the business, which currently has 176 stores and [...]
WHAT THE OTHER PAPERS SAY THIS MORNING July 17, 2011 FINANCIAL TIMES TESCO TO TRIAL LOYALTY CARD AT US OPERATION Tesco is poised to trial a version of its successful Clubcard loyalty scheme in the US, as it strives to stem losses at its Fresh & Easy chain. Tim Mason, chief executive of Fresh & Easy, said the business, which currently has 176 stores and [...]
Government publishes spending data November 18, 2010 THE government is to publish a list of its biggest suppliers today as it launches its drive to make public spending more accountable. Cabinet Office minister, Francis Maude, will publish the spending data later this morning which shows all departmental spending above £25,000. Among the government’s biggest suppliers are the Young People’s Learning Agency, established [...]
Apprentices not just for sorcerers and Sugar November 28, 2010 THINK you know what an apprentice is? A working class youth in oily blue overalls with a spanner in his hands? The super self-confident types given missions impossible by Alan Sugar? Or Disney’s accident-prone mop-splitting sorcerer’s apprentice? Think again. We don’t often see apprentices in London, and more rarely still in the glittering spires of [...]
PREPARE YOURSELF FOR THE YEAR OF THE GRISLY KILLER POLICY RABBIT January 3, 2011 IT seems you can hardly call yourself an analyst these days without issuing a long list of annual predictions, and Societe Generale’s Michala Marcussen keenly threw his hat in the ring yesterday. But while his SocGen colleague Dylan Grice analyses “Popular Delusions” in his regular note, Marcussen went for the more unusual theme of “Policymakers and [...]
City backs plan for NHS shake-up May 31, 2011 THE CITY has thrown its weight behind controversial government plans to reform the NHS, according to the latest results from our Voice of the City panel, run in association with PoliticsHome.com. More than two-thirds of our panel of business and finance professionals said they were in favour of plans to allow “any willing provider”, whether [...]
City backs plan for NHS shake-up May 31, 2011 THE CITY has thrown its weight behind controversial government plans to reform the NHS, according to the latest results from our Voice of the City panel, run in association with PoliticsHome.com. More than two-thirds of our panel of business and finance professionals said they were in favour of plans to allow “any willing provider”, whether [...]