Look outside London to drive City’s growth January 23, 2011 The government has made clear that its top priority for 2011 is to drive forward growth in the UK economy and to ensure this growth is spread across the country and across a variety of sectors. It could be inferred that such a commitment – shifting the focus away from London and the financial services [...]
London is still at forefront of business world January 16, 2011 THERE is no doubt in my mind that despite the uncertainty surrounding taxation and regulation and despite the continuing public anger, unfavourable media reports and a degree of political point-scoring, the City of London remains – in the eyes of the international business community at least – one of the most attractive financial centres in [...]
London is still at forefront of business world January 16, 2011 THERE is no doubt in my mind that despite the uncertainty surrounding taxation and regulation and despite the continuing public anger, unfavourable media reports and a degree of political point-scoring, the City of London remains – in the eyes of the international business community at least – one of the most attractive financial centres in [...]
COULSON PRAYS FOR CHELSEA AS GREENBERG SIGNS ON FOR MURDOCH January 11, 2011 AFTER weeks of Guardian headlines, it seems News International has decided it is time for some drastic action on the News of the World phone hacking saga. It has brought in a public relations expert in the form of Simon Greenberg, to head up corporate affairs. Greenberg is being parachuted in to the job fresh [...]
UK must take centre stage in EU policy race January 9, 2011 LAST week, the chancellor of the exchequer, George Osborne, made it clear that badly thought through regulation must not be allowed to undermine European competitiveness in financial services. Such a strongly worded public statement provides further evidence of the government’s belief that the financial services industry has a vital role to play in facilitating a [...]
The City is back but under new management December 21, 2010 BRITAIN’S financial landscape has been transformed since we last shone a light on the City’s most powerful figures two years ago. The City A.M./CityJet Power Hundred 2011 list ranks the most influential figures in UK finance as we head into the new year. It should be no surprise that it is very different from 2009. [...]
The City is back but under new management December 21, 2010 BRITAIN’S financial landscape has been transformed since we last shone a light on the City’s most powerful figures two years ago. The City A.M./CityJet Power Hundred 2011 list ranks the most influential figures in UK finance as we head into the new year. It should be no surprise that it is very different from 2009. [...]
The City contributes far more than billions in tax December 19, 2010 NEWS that the financial services industry contributed £53.4bn to the Exchequer in tax during 20090-10 is welcome evidence that the City’s success spreads wealth across the wider economy. This money will help to pay for schools, hospitals and other infrastructure that tangibly benefits individuals across the UK. City businesses continue to make a significant contribution [...]
FIRST GIG IN 600 YEARS TO COME TO GUILDHALL December 14, 2010 GUILDHALL has seen its fair share of important cultural events over the years:?the trials of Lady Jane Grey, Thomas Cranmer and those involved in the gunpowder plot. But only now is this hallowed hall to host the first ever rock concert in its 600 year history, in the miserable month of February next year, when [...]
ANTONIO HORTA-OSORIO: MY WIFE MADE ME TAKE UP LLOYDS BANNER December 12, 2010 CITY bankers were shocked last month when Santander UK boss Antonio Horta-Osorio jumped ship to be parachuted into the throne of Lloyds, replacing outgoing chief executive Eric Daniels. “How could he do it?” the City wanted to know. “What possessed him?” What, indeed? The high-flying Portuguese charmer had to throw in 17 years’ worth of [...]