Rapid responses December 3, 2012 Capital gains [Re: Osborne must now face up to his fiscal failings, yesterday] As the chief executive of a UK-based small-to-medium sized business (SMB), I urge George Osborne to lay out a clear plan that would support business over the long term, and therefore kick start Britain’s economy. SMBs account for the vast majority of private [...]
How the geography of global innovation is rapidly changing September 8, 2013 Liam Ward-Proud investigates the cities that are attempting to foster new startup cultures WIKIPEDIA founder Jimmy Wales has called on Britain to extend its entrepreneurship visa scheme to make London more enticing to startups. He joked that “nobody wants to live in San Jose, California – it’s incredibly boring”. But the geography of global innovation [...]
BBA Aviation confirms tie-up talk with Dubai August 27, 2013 BBA AVIATION yesterday confirmed it was in talks to tie up with American engine repair firm Standard Aero, sending its shares sharply higher. The group, which offers plane refueling and maintenance services, said it was in preliminary discussions with Standard Aero’s parent firm Dubai Aerospace Enterprise “regarding a potential business combination”. Shares in BBA Aviation [...]
The year in preview: Our in-depth guide January 5, 2014 City A.M.’s journalists take a wide-ranging look at what 2014 has in store for the world of finance and business BANKINGRestoring faith means costly overhaulsA CAUTIOUS optimism pervades the British and European banking system at the start of 2014. The incoming economic recovery is at last improving customers’ creditworthiness, while the hard work running down [...]
Britain: a case study in low-growth economic mediocrity February 22, 2013 BRITAIN is stuck in a rut. No wonder that investors and credit rating agencies are losing patience: the coalition doesn’t have the guts or decisiveness needed to jolt the UK out of its present mediocrity, while the opposition is busy dreaming up new taxes, thinks that a slightly looser fiscal policy would transform our prospects [...]
Political risks rising in the Eurozone September 9, 2013 The rise of populist parties across the bloc and high unemployment may lead to more market volatility, writes Liam Ward-Proud RECOVERY in the Eurozone is certainly underway. The region ended its 18-month recession in the second quarter, posting growth of 0.3 per cent. European equities, despite a few blips, have also performed strongly, with the [...]
Dividends will be key for Royal Mail September 24, 2013 Private investors can choose from a wide variety of stockbrokers if they fancy investing in Royal Mail shares IN THE biggest privatisation since the 1980s, the government plans to sell a majority stake in Royal Mail. Analysts are divided over the attractiveness of the stock – with key details such as share price yet to [...]
For large home owners it’s heads I win tails you lose December 20, 2012 DIRECTOR, DOUGLAS AND GORDON Q There was a lot to read in the autumn statement. I live in a big house and need to know if I have anything to worry about. A To find out if you are going to be liable for a new levy, you will have to look at your property [...]
UBS reports big jump in profits and plans to buy back central bank fund July 30, 2013 Swiss bank UBS has reported a 32 per cent increase in second quarter profits after solid gains in its investment banking division, and has announced plans to buy back equity in a fund set up by the central banks as part of its bailout in 2008 (report). Switzerland’s largest bank reported an adjusted pre-tax profit [...]
How to best invest for your child’s future July 23, 2013 Make sure you maximise tax-free saving for your newest addition THE Royal parents may have few financial woes, but the cost of raising a child for most extends far beyond nappies or baby food. The current average cost of a wedding is £18,244, the average first-time buyer deposit is £26,956, and student debt for 2013 [...]