Why the consumer is no longer king March 7, 2011 WHY are so many people still in denial? The era of debt-fuelled spending, from the private and the public sector, is over. A crisis caused by excessive and underpriced debt cannot be resolved by borrowing even more. It is a simple proposition. Virtually all companies, many individuals and some governments now understand this – but [...]
Forecasts for 2011 in media January 18, 2011 Deloitte yesterday unveiled its telecoms and media predictions for the coming year. And while Steve Jobs may have temporarily stepped out of the limelight, technology he has championed – including digital downloads and video calling – dominates the list. Deloitte believes 400m phones with front facing cameras for video calls will be shipped in 2011, [...]
Firms to buy 10m tablet PCs this year January 12, 2011 AROUND a quarter of tablet computers, such as Apple’s smash-hit iPad, will be bought by businesses this year, according to Deloitte. The “big four” accountancy giant says firms will snap up tablet devices for their employees instead of buying more costly PCs. “We predict that companies in the retail, healthcare and manufacturing sectors will buy more than [...]
Real and Barcelona still richest in Europe but Man City making strides February 9, 2011 ENGLISH clubs may have just blown record sums in the January transfer window, but they continue to lag behind Spain’s big two in terms of financial muscle. Real Madrid and Barcelona are still the two richest teams in Europe, according to a report published today, with both boasting revenues in excess of £300m last year. [...]
ECONOMISTS’ VIEWS: IS INFLATION HERE TO STAY? February 13, 2011 JAMIE DANNHAUSER | LOMBARD STREET RESEARCH “We broadly sympathise with the view of the Bank – that inflation will peak this month or in March, but fall heavily in January next year and be below target through next year.” IAN STEWART | DELOITTE “My assumption is that a good deal of the excess inflation relates [...]
Business has won already March 8, 2011 That much of the debate over the Olympics has focused on what happens to its venues after 2012 speaks volumes for the efficiency with which the games have so far been organised. Instead of the endless speculation of whether venue X or Y will be ready on time that is normal territory in the months [...]
CITY MOVES | WHO’S SWITCHING JOBS February 6, 2011 Pinsent Masons The law firm has appointed Barry Vitou (pictured) to its dispute resolution team. He joins the firm from the London office of US firm Winston & Strawn, where he headed its regulatory and tech practice. He will be working with Danvers Baillieu, a senior associate advising on online and tech business issues. Vitou [...]
ALL CHANGE AT LLOYD’S AS IT RINGS 25 YEARS May 26, 2011 IT MAY seem like only yesterday for many City veterans, but today marks 25 years since the first managing agents moved into the landmark Lloyd’s building on Lime Street. So happy anniversary to the insurance giant, which still shows traces of more than 300 years of Lloyd’s history, such as the famous Lutine Bell, which [...]
Three bidders left in race for Olympic site April 6, 2011 THE OLYMPIC Delivery Authority (ODA) has narrowed its search for the future owner of the Olympic Village to three candidates, it announced yesterday, as the Games organisers prepare to launch a massive advertising campaign to drum up ticket applications. Hong Kong conglomerate Hutchison Whampoa has been shortlisted, alongside medical charity Wellcome Trust and a consortium [...]
Three bidders left in race for Olympic site April 6, 2011 THE OLYMPIC Delivery Authority (ODA) has narrowed its search for the future owner of the Olympic Village to three candidates, it announced yesterday, as the Games organisers prepare to launch a massive advertising campaign to drum up ticket applications. Hong Kong conglomerate Hutchison Whampoa has been shortlisted, alongside medical charity Wellcome Trust and a consortium [...]