UK is mulling its options for a Green Bank September 14, 2010 Britain has begun the process of setting up its Green Investment Bank to help fund the shift to a low-carbon economy and could make it commercially independent, the minister of state for energy and climate change said yesterday. “We have begun the process of establishing the Green Investment Bank,” Gregory Barker told a CBI event. [...]
A man schooled for big business October 28, 2010 THOSE considering studying for an MBA do not need to be told that the London School of Business and Finance (LSBF) is not the same thing as the London Business School. They aren’t in the same league. But the man behind this seven year-old college has done something rather impressive. He has taken a business [...]
HSBC nearing a verdict on chairmanship September 19, 2010 A SUCCESSOR to HSBC chairman Stephen Green could be announced as soon as next week, it emerged over the weekend. Former Goldman Sachs investment banker John Thornton is still widely tipped as one of the favourites to step into Green’s shoes after he resigned to become trade and investment minister in the coalition government. However, [...]
Migration stats cause rift August 26, 2010 THE LATEST migration figures have become a battleground for the coalition government, after Conservative minister Damian Green used the 20 per cent jump in net entrants to illustrate the need for a cap on migration. Immigration minister Green said yesterday the figures “show why we must tighten our immigration system in order to reduce net [...]
Osborne: Labour denying deficit October 3, 2010 GEORGE Osborne will today launch a scathing attack on Labour’s approach to the deficit, insisting that a slower pace of spending cuts would lead to a credit downgrade, higher interest rates and turmoil in financial markets. The chancellor will use his speech to the Tory conference in Birmingham to round on Labour’s new leader Ed [...]
ECJ rejects in-house legal privilege plea September 14, 2010 EUROPE’S legal community was disappointed yesterday after the European Court of Justice (ECJ) refused to grant privilege protection to in-house lawyers practising on the continent. The ECJ handed down the judgement yesterday morning after a lengthy battle, which called into question whether Europe’s in-house lawyers should receive privilege rights during investigations by competition officials. The [...]
A-Levels not enough, say City bosses August 19, 2010 BUSINESS leaders have called for more young people to study for practical qualifications as well as traditional A-Levels to stand out in the increasingly competitive fight for jobs. Around 170,000 applicants are expected to miss out on a university place this year, despite a record 97.6 per cent of students passing their A-Levels yesterday. Director [...]
A-Levels not enough, say City bosses August 19, 2010 BUSINESS leaders have called for more young people to study for practical qualifications as well as traditional A-Levels to stand out in the increasingly competitive fight for jobs. Around 170,000 applicants are expected to miss out on a university place this year, despite a record 97.6 per cent of students passing their A-Levels yesterday. Director [...]
ANALYST VIEWS: IS THE UK ECONOMY PICKING UP AGAIN? August 19, 2010 GEORGE BUCKLEY | DEUTSCHE BANK Today’s news was generally stronger than expected. Retail sales grew faster than expected, broad money was up, the Budget deficit fell and the CBI’s manufacturing survey was encouraging. This should be positive for GDP. DAVID KERN | BRITISH CHAMBERS OF COMMERCE There is no room for complacency. The economy is [...]
Corporate spending set to rescue UK October 17, 2010 THANK goodness for the private sector. With the exception of parts of the property investment industry, it is now in reasonably good shape. Contrary to what many believe, this means that Wednesday’s Comprehensive Spending Review – and the all too necessary spending cuts it will detail – won’t derail the UK economy. Sure, a chunk [...]