Chinese growth will benefit City of London too April 3, 2011 With the debate over how to stimulate UK economic growth still raging, one area we can ill afford to neglect is strengthening our trading relationships through commercial diplomacy. Emerging economies are expected to account for over 50 per cent of global growth over the next five years. Some people view this change in the economic [...]
Chinese growth will benefit City of London too April 3, 2011 With the debate over how to stimulate UK economic growth still raging, one area we can ill afford to neglect is strengthening our trading relationships through commercial diplomacy. Emerging economies are expected to account for over 50 per cent of global growth over the next five years. Some people view this change in the economic [...]
BILL OF THE WEEK April 3, 2011 A step back in time for this week’s bill from 11 November 1918, which can be seen as part of an exhibition at Dr Johnson’s House on Gough Square from tomorrow until 30 July. When the gathering of 31 distinguished diners – including the first Viscount Northcliffe Alfred Harmsworth, founder of the Daily Mail, the [...]
The insurance man turns to banking March 30, 2011 AFTER nine years at the helm of London’s insurance market Lloyd’s, its chairman Lord Levene is singularly unshockable even in the face of disasters on the unprecedented scale that struck Japan. The earthquake and tsunami which hit the northeastern coast of Japan on 10 March will cost insurers $20bn-30bn (£12.5bn-18.8bn), but Levene doesn’t think the [...]
The insurance man turns to banking March 30, 2011 AFTER nine years at the helm of London’s insurance market Lloyd’s, its chairman Lord Levene is singularly unshockable even in the face of disasters on the unprecedented scale that struck Japan. The earthquake and tsunami which hit the northeastern coast of Japan on 10 March will cost insurers $20bn-30bn (£12.5bn-18.8bn), but Levene doesn’t think the [...]
Australian GP future looks safe March 22, 2011 FORMULA ONE: Grand Prix promoter Ron Walker says the future of the Australian GP is safe despite a recent verbal spat between Bernie Ecclestone and Melbourne’s Lord Mayor. With the contract for the Melbourne race, which kicks-off this year’s F1 season on Sunday, is up in 2015, Lord Mayor Robert Doyle voiced his opposition to [...]
City tipped to become UK’s biggest recruiter March 20, 2011 REPORTS that recruitment across the financial and business services sector will pick up in coming months are particularly welcome given that unemployment hit a 17-year high last week. It is a sign of increasing confidence that a new survey indicates the City will be the UK’s biggest recruiter over the next quarter. Over 1m people [...]
2012 chiefs slam BOA as row ignites March 9, 2011 LONDON 2012 organisers LOCOG last night hit back at the British Olympic Association (BOA) in an increasingly bitter row over cash, calling its complaints “sad”. The hard-up BOA, chaired by Lord Moynihan, believes it was short-changed when it sold marketing rights to next year’s Games to LOCOG for £28m in 2004. Chief executive Andy Hunt, [...]
City needs to focus on growth to aid economy March 6, 2011 AS we edge closer to this month’s Budget, the UK business community has been calling for a clear growth strategy that will help to turn austerity into prosperity. The government has already taken tough decisions on dealing with the deficit by reducing spending – not easy in these challenging economic circumstances. I was however pleased [...]
Infrastructure spending is key to City success February 20, 2011 AS a civil engineer by trade, I have seen first hand how improving and modernising infrastructure can be a powerful engine for economic growth and social change. Working on the demand side of our business has shown me the intimate connection between building South African airports or redeveloping Spitalfields market, and supporting a successful financial [...]