Bailing out Greece is not the answer February 9, 2010 IT is now clear that Germany, the European Central Bank and others are seriously talking about bailing out Greece. The negotiations could still collapse; but there has been a significant shift over the past 24 hours, with a panicked European establishment increasingly desperate to salvage its beloved single currency. One option would be for Germany [...]
Possible solution to Eurozone debt woes boosts FTSE 100 February 10, 2010 BRITAIN’S leading shares added 0.4 per cent yesterday as financial issues drew strength from a possible solution to Eurozone debt worries, offsetting a retreat by heavyweight commodity shares. The FTSE 100 ended 20.15 points higher at 5,131.99, recovering from a session low of 5,105.30 in the afternoon but still well below the morning peak of [...]
Q&A: BUYING January 21, 2010 Russell Hunt MANAGING DIRECTOR, PROPERTY HUNT Q.Dear Russell, I am after a standard London property but am short on time. Even if I’m not after something high-end, is it still worth me using a buying agent? A.Even if you aren’t after an expensive property, there’s no reason why you can’t use a buying agent – [...]
When you liberate your employees, productivity and profit will follow January 27, 2010 FREEDOM INC BY BRIAN M CARNEY AND ISAAC GETZ Crown Business Publishing, New York, £18.99 **** WE LIVE in a society in which we’re always watched – not just by the state, but in the workplace, too. Keen to cut costs and direct workforce activities with precision, employers create ever more laborious internal rules and [...]
DOT COM SURVIVOR TURNS HAND TO HOLLYWOOD SCREENWRITING December 3, 2009 IN the wake of the credit crunch, the dotcom crash of 2001 feels like a small murmur in the history of the City. But ever wondered what happened to those guys who brought open-necked shirts, scooters and start-ups to the Square Mile? Well, one of those who rode the dotcom rollercoaster is now about to [...]
WHAT THE OTHER PAPERS SAY THIS MORNING December 15, 2009 FINANCIAL TIMES MYNERS TO BOOST PROTECTION OF BANK CLIENTS PLANS to increase protection for clients and counterparties of failing investment banks will be unveiled by the Treasury today in an effort to prevent a repeat of the legal wrangling around the collapsed Lehman Brothers. The move is aimed at ensuring an orderly wind-down of investment [...]
Sterling will remain weak, and that’s a good thing too September 29, 2009 YOU’D need to have been living on a desert island not to have noticed the beating that sterling has taken lately. The pound has lost nearly a quarter of its value in the last two years, but saw the losing streak gather pace in the last week. True to form, that was accompanied by an [...]
Sterling will remain weak, and that’s a good thing too September 29, 2009 YOU’D need to have been living on a desert island not to have noticed the beating that sterling has taken lately. The pound has lost nearly a quarter of its value in the last two years, but saw the losing streak gather pace in the last week. True to form, that was accompanied by an [...]
HORSES FOR COURSES FOR CITY RACING SET September 22, 2009 IT SEEMS barely a moment since the end of the horseracing season, but the City is already gearing up for the bevy of racehorse auction sales coming up over the next few weeks, starting with the Goffs Orby Sale in Ireland next week. Racing buffs might recall that sellers at the spring sales teamed up [...]
HORSES FOR COURSES FOR CITY RACING SET September 22, 2009 IT SEEMS barely a moment since the end of the horseracing season, but the City is already gearing up for the bevy of racehorse auction sales coming up over the next few weeks, starting with the Goffs Orby Sale in Ireland next week. Racing buffs might recall that sellers at the spring sales teamed up [...]