Real and City in derby of the big spenders September 18, 2012 MANCHESTER City’s skirmish with Real Madrid tonight at the Santiago Bernabeu is more than just another big Champions League fixture; it is a clash of football’s financial titans. The Group D rivals are among a select clutch of teams who rival each other for the cream of the world’s talent, along with Barcelona, Manchester United, [...]
Relief for squeezed households as inflation drops at long last July 30, 2012 WAGE growth will soon start outstripping inflation, at last giving a boost to confidence and the economy, according to a Deloitte report out today. But the impact will be muted for now as households remain cautious because of the weak state of the economy. Just 13 per cent of consumers expect to spend more on [...]
Watchdog says no signs yet of audit collusion September 24, 2012 THE COMPETITION Commission said its probe of the country’s market for company audits had not uncovered any evidence so far of collusion among the Big Four accounting firms over market share. Yesterday’s paper is the watchdog’s first comments of substance since it formally launched its investigation last year, with preliminary findings due in November. The [...]
Watchdog says no signs yet of audit collusion September 24, 2012 THE COMPETITION Commission said its probe of the country’s market for company audits had not uncovered any evidence so far of collusion among the Big Four accounting firms over market share. Yesterday’s paper is the watchdog’s first comments of substance since it formally launched its investigation last year, with preliminary findings due in November. The [...]
Investor body slams Vedanta August 14, 2012 INVESTOR advisory group Pirc yesterday criticised miner Vedanta for its political donations in India. Pirc said shareholders should not support the FTSE 100-listed firm’s annual report, its accounts or the reappointment of executive chairman Anil Agarwal at the annual meeting on 28 August. The group said Vedanta made political donations of $2.01m in the last [...]
Why stammering didn’t hold back my career at E&Y October 21, 2012 WHAT do Moses, George VI, Sir Winston Churchill, Charles Darwin, Emily Blunt, Bruce Willis, and Julia Roberts have in common? They all suffered, or suffer, from a stammer. Today is International Stammering Awareness Day. And an increasing number of organisations in the UK are now waking up to the potential that stammerers hold. They’re taking [...]
Why stammering didn’t hold back my career at E&Y October 21, 2012 WHAT do Moses, George VI, Sir Winston Churchill, Charles Darwin, Emily Blunt, Bruce Willis, and Julia Roberts have in common? They all suffered, or suffer, from a stammer. Today is International Stammering Awareness Day. And an increasing number of organisations in the UK are now waking up to the potential that stammerers hold. They’re taking [...]
What the other papers say this morning October 7, 2012 FINANCIAL TIMES Austerity squeeze to last until 2018 George Osborne is set to be told this autumn by the Office for Budget Responsibility he will have to plug another large hole in the public finances, extending austerity until 2018 and throwing the coalition’s deficit reduction strategy into doubt. Regulator warns on Big Four alumni The [...]
Why investors must keep a keen eye on the cost of investing November 11, 2012 THE retail distribution review (RDR) will change the way that you pay for financial advice: the process will not become cheaper, nor will investing become easier. However, it will be more transparent. The challenge for investors is to manage their costs and choose the right type of adviser. HOW FEES WILL BE PAID RDR, which [...]
Barclays faces SFO probe over Qatar payments August 29, 2012 THE SERIOUS Fraud Office (SFO) is investigating payments between Qatar and Barclays, the bank confirmed yesterday. Barclays said it is complying with the fraud squad’s probe, which is in its early stages. The SFO investigation is separate to the Financial Services Authority’s (FSA) inquiry that began in July, which relates to fees paid to the [...]