WHAT THE OTHER PAPERS SAY THIS MORNING September 23, 2010 FINANCIAL TIMES HARMAN COOL ON PLAN TO HALVE DEFICIT Harriet Harman has suggested that Labour should scrap its pre-election plan to halve the deficit by the end of this parliament, becoming the latest senior figure to intervene in the debate over economic direction. Labour’s interim leader said the UK was now in a “new situation” [...]
FSA hauls in bank execs over bonuses September 23, 2010 TOP officials from Britain’s largest banks have met at the Financial Services Authority (FSA) to discuss the regulator’s proposed crackdown on banker’s bonuses and pay. Last month heads of remuneration from each of the top banks met at the financial watchdog to discuss ways in which the banks would adhere to the revised remuneration code, [...]
It’s a landlord’s market for hungry Londoners September 23, 2010 THE period of fear, uncertainty and stagnation in the aftermath of Lehman Brothers’ collapse is well and truly behind us – if you’re looking at the rentals market, that is. Prices in central London are at levels not seen since before the meltdown, according to property services firm LSL. Rents in London rose by 2 [...]
For accountants, qualifications are a matter of taste September 22, 2010 WHEN they get their first job, many accountants worry that they will be pigeon-holed by their qualification. ACA is seen as the City gold standard in some quarters, and those who aren’t offered it might worry that their ambition of becoming a FTSE 100 CEO will be thwarted. On the other hand, ACCA is a [...]
Daniels quits as Lloyds boss September 20, 2010 LLOYDS Banking Group chief executive Eric Daniels yesterday became the third UK banking boss to quit his position in just two weeks, during a turbulent time at the top of the industry. Lloyds said Daniels would retire in a year’s time, giving it time to conduct a thorough search for his successor both externally and [...]
Daniels quits as Lloyds boss September 20, 2010 LLOYDS Banking Group chief executive Eric Daniels yesterday became the third UK banking boss to quit his position in just two weeks, during a turbulent time at the top of the industry. Lloyds said Daniels would retire in a year’s time, giving it time to conduct a thorough search for his successor both externally and [...]
UK banks might look cheap, but pick carefully September 20, 2010 UK BANKING stocks rallied last week after the announcement of the Basel III banking reforms. But although the sector has avoided further bank-bashing, much of the detail has yet to emerge and a jumpy market should make for fruitful autumn trading. New capital ratio requirements made most of the Basel III headlines, with Tier 1 [...]
Standard Chartered may move September 16, 2010 Standard Chartered may move abroad in a bid to avoid British taxes and regulations. According to The Times, the board has discussed the issue in depth at several meetings and has a team working on the possibility of setting up office in the Far East or elsewhere. Though chief executive Peter Sands said staying in [...]
Standard Chartered may move September 16, 2010 Standard Chartered may move abroad in a bid to avoid British taxes and regulations. According to The Times, the board has discussed the issue in depth at several meetings and has a team working on the possibility of setting up office in the Far East or elsewhere. Though chief executive Peter Sands said staying in [...]
Ex-Goldman banker tipped for HSBC September 7, 2010 FORMER Goldman Sachs investment banker John Thornton was yesterday touted as the most likely candidate to step into Stephen Green’s shoes, after the HSBC chairman accepted the role of trade and investment minister in the coalition government. Green is due to step down before the year is out to fill the last remaining vacancy in [...]