Lambert to leave the CBI June 28, 2010 RICHARD Lambert, the business lobbyist who caused a furore by warning excessively-paid executives risked being seen as “aliens”, is to step down as director-general of the CBI. Lambert will leave next year after five years at the helm of the influential body. Saxton Bampfylde, the specialist headhunter, has been appointed to find his successor. Lambert [...]
Lambert to leave the CBI June 28, 2010 RICHARD Lambert, the business lobbyist who caused a furore by warning excessively-paid executives risked being seen as “aliens”, is to step down as director-general of the CBI. Lambert will leave next year after five years at the helm of the influential body. Saxton Bampfylde, the specialist headhunter, has been appointed to find his successor. Lambert [...]
FTSE rally continues despite earnings woes for retailers March 30, 2011 THE FTSE 100 closed higher for a sixth consecutive session yesterday, its best run since August 2010, as investors ditched retailers over earnings worries in favour of growth sectors such as industrials and mining. Dixons issued a profit warning and gloomy outlook as a survey from the CBI showed the underlying trend for retail sales [...]
FTSE rally continues despite earnings woes for retailers March 30, 2011 THE FTSE 100 closed higher for a sixth consecutive session yesterday, its best run since August 2010, as investors ditched retailers over earnings worries in favour of growth sectors such as industrials and mining. Dixons issued a profit warning and gloomy outlook as a survey from the CBI showed the underlying trend for retail sales [...]
City needs to focus on growth to aid economy March 6, 2011 AS we edge closer to this month’s Budget, the UK business community has been calling for a clear growth strategy that will help to turn austerity into prosperity. The government has already taken tough decisions on dealing with the deficit by reducing spending – not easy in these challenging economic circumstances. I was however pleased [...]
Bank’s chief hawk says businesses will grow Britain out of recession February 1, 2011 FOR seven months Andrew Sentance stood alone, the only Bank of England rate-setter brave enough to call out for a gradual rise in rates. Yet in January he was finally joined by one of his eight colleagues, Martin Weale, in his appeal for a gradual tightening in the central bank’s rates. “I don’t want to [...]
Bank’s chief hawk says businesses will grow Britain out of recession February 1, 2011 FOR seven months Andrew Sentance stood alone, the only Bank of England rate-setter brave enough to call out for a gradual rise in rates. Yet in January he was finally joined by one of his eight colleagues, Martin Weale, in his appeal for a gradual tightening in the central bank’s rates. “I don’t want to [...]
The knock-on cost of pricey commodities February 27, 2011 Inflation is the word on everyone’s lips at the moment. RPI inflation – the measure that best reflects the true rise in the cost of living in the UK – is now at 5.1 per cent a year as producers raise prices to protect their profits. But even the biggest brand owners are struggling to [...]
Roger Carr backs 50p tax rate for high earners – for now December 12, 2010 ROGER Carr, the new president of the CBI, has said that, on a personal basis, he backs the 50p tax rate for higher earners at the present time. Carr, speaking to City A.M. yesterday, said that, like most business people, he wanted lower taxes eventually to encourage more people to be entrepreneurial. But that during [...]
Introductionto Bribery laws delayed January 31, 2011 GOVERNMENT guidance on the Bribery Act will not be released this week as expected, pushing back implementation until at least May. A Ministry of Justice spokesman told City A.M. that the guidance had been delayed to allow “more time … to make sure the Act is fit for purpose and as comprehensive as possible,” directly [...]