Arts and the City are bound together in the interests of our wider society January 27, 2013 THROUGHOUT its history the Square Mile has always been about far more than just business. It is also part of London, part of wider society, and contributes to the life of the broader community in creating an environment conducive to serving and supporting business. Key to this is the City of London’s role as a [...]
Valere Capital backs our appeal November 28, 2012 THE CAPITALIST asks Mark Preston, principal of Valere Capital, why the firm is supporting the City A.M. Christmas Appeal this year. Why are Valere Capital supporting Opportunity International? The relationship between us came about due to my involvement with Opportunity when I was co-head of Corporate Markets at Lloyds TSB. With the support of my [...]
Former Bank of England rocker plucks his way to charity stardom November 5, 2012 REGULAR readers of this page will be familiar with ex-Bank of England MPC member and now PwC economist Andrew Sentance’s second career as a part-time rock star. He has been putting his musical credentials to good and public use, making a charity appearance with his band Revelation. The concert, which Sentance told The Capitalist raised [...]
Labour pushes for a vote over the unpopular raid on charities April 16, 2012 LABOUR MPs are pushing for a vote in parliament tomorrow on the government’s planned cap on income tax reliefs, yesterday calling the limits “a sham of a change” which “came completely out of the blue” to hit charities. Treasury minister David Gauke had earlier defended the plan, explaining it is not fair that “there are [...]
Portillo to reveal shortlist for prize held by Bad Government September 24, 2012 LAST year’s winner was the imaginatively titled Bad Government by Henrietta Simpson. And tonight Michael Portillo will announce the shortlisted artworks for the 2012 annual Threadneedle Prize for Painting and Sculpture. The prize, sponsored by the London-based investment manager Threadneedle Investments, has been increased this year to £30,000, making the accolade the country’s most valuable [...]
City Moves | Who’s switching Jobs October 11, 2012 Reech AiM Group The international asset management group has appointed Daniel Betts as client services director. He joins Reech from Aviva Investors, where he was most recently client relationship manager. He will oversee all client service functions and will report directly to the chief executive officer Christophe Reech. Scottish Widows Investment Partnership Neil Tong has [...]
Government wrong to demonise generous philanthropists April 13, 2012 IT has become increasingly difficult to understand what the coalition government is up to. Take its decision to demonise those who donate large amounts to charity, depicting them in a grossly unfair manner as tax avoiders who should be ashamed of themselves. This is an astonishingly stupid and nasty thing to imply. The government claims [...]
Government wrong to demonise generous philanthropists April 12, 2012 IT has become increasingly difficult to understand what the coalition government is up to. Take its decision to demonise those who donate large amounts to charity, depicting them in a grossly unfair manner as tax avoiders who should be ashamed of themselves. This is an astonishingly stupid and nasty thing to imply. The government claims [...]
Should UK business leaders be awarded honours for simply “doing the day job”? August 29, 2012 YES Philip Salter No one could defend the stifling corporatism that has penetrated our political system. As such, Bernard Jenkin and the rest of the public administration select committee are right to be calling for the secretive honours system to be opened up to scrutiny. However, the committee is wrong to suggest that business people [...]
Government should not be doling out money to charities for lobbying June 12, 2012 WOULD you be surprised to hear that British charities receive more money from the government and the National Lottery than they do from individual donors? More than £12bn a year was transferred from the taxpayer to the third sector at the last count. Much of this was essentially outsourcing. Millions of pounds of foreign aid [...]