CBI criticises migrant cap September 30, 2010 EMPLOYERS’ group the CBI has thrown its weight behind Vince Cable, the business secretary, by warning that government plans to cap non-EU immigration could hamper the economic recovery. The government is consulting on plans to introduce a permanent cap next spring, and has put a temporary limit in place until then. Home secretary Theresa May [...]
Beware the politics that surround the 50p tax June 8, 2011 WHAT do Sir Richard Branson, the CBI, and pop sensation of the moment Adele have in common? They have all denounced the 50p income tax. Adele may have declared herself “Labour through and through”, but when Her Majesty’s Customs and Excise demanded she hand over half of the £16m she made from her last album, [...]
CBI hits out at strike laws October 3, 2010 THE CBI is calling for an overhaul of current strike laws to provide greater protection to the public and companies as the threat of industrial action in the UK continues to rise. The business lobby group said the current laws need to reflect the fact that 85 per cent of private sector employees are not [...]
CITY MOVES | WHO’S SWITCHING JOBS May 22, 2011 AMEC The international engineering and project management group has appointed Deloitte’s John Connolly as its new chairman, to succeed Jock Green-Armytage. Connelly will retire from his current role as chief executive of Deloitte UK and global chairman of Deloitte Touche Tohamatsu on 31 May and will join the Amex board on 1 June. Connelly is [...]
CITY MOVES | WHO’S SWITCHING JOBS May 22, 2011 AMEC The international engineering and project management group has appointed Deloitte’s John Connolly as its new chairman, to succeed Jock Green-Armytage. Connelly will retire from his current role as chief executive of Deloitte UK and global chairman of Deloitte Touche Tohamatsu on 31 May and will join the Amex board on 1 June. Connelly is [...]
Leicester Tigers consider IPO April 12, 2011 Leicester Tigers are plotting an initial public offering (IPO) to raise more than £4.4m to develop their stadium. Rugby league’s Aviva Premiership champions had planned an IPO two years ago, but are now reviving the plans to pay for work at their Welford Road ground. The fundraising would help to build a multi-storey car park [...]
Rebound in UK services after winter freeze March 30, 2011 THE UK economy bounced back strongly at the beginning of the year, fresh data suggested yesterday. The service sector – which accounts for over three quarters of GDP – expanded by 1.3 per cent in January, compared to December. The rebound marked the sharpest monthly growth in services since July 2002. Meanwhile, there was some [...]
Investing in infrastructure is key for UK growth June 1, 2011 IT’S the lament of every politician, and a brake on the economy: Britain doesn’t have the world-leading infrastructure we need to thrive. Our trains are too slow, our roads too clogged, our broadband highway isn’t very super, our airports bursting, our renewable invisible. We have rested on our Victorian laurels, while other nations have built [...]
CBI’s Lambert lashes out at bank bashers October 11, 2010 RICHARD Lambert yesterday used his last speech on banking as CBI director-general to launch a scathing attack on the UK’s culture of political bank-bashing. Lambert, who is due to step down from his position next year, said politicians were “making matters worse” with unrelenting and vicious attacks on the banks, compounding the problem of lack [...]
CBI’s Lambert lashes out at bank bashers October 11, 2010 RICHARD Lambert yesterday used his last speech on banking as CBI director-general to launch a scathing attack on the UK’s culture of political bank-bashing. Lambert, who is due to step down from his position next year, said politicians were “making matters worse” with unrelenting and vicious attacks on the banks, compounding the problem of lack [...]