IT’S PRISKY BUSINESS OUTSIDE OF THE HOUSE June 28, 2010 THE Capitalist caught up with minister of state for business Mark Prisk yesterday during his afternoon of cold-calling potential customers for small business DIY Kyoto. The minister dropped in to the small Bethnal Green-based firm, which sells energy monitors for the home, as part of a project to learn about the current environment for small [...]
IT’S PRISKY BUSINESS OUTSIDE OF THE HOUSE June 28, 2010 THE Capitalist caught up with minister of state for business Mark Prisk yesterday during his afternoon of cold-calling potential customers for small business DIY Kyoto. The minister dropped in to the small Bethnal Green-based firm, which sells energy monitors for the home, as part of a project to learn about the current environment for small [...]
Cider war fizzes on as militants take up anti-darling arms March 25, 2010 AS VOTE-losers go, chancellor Alistair Darling’s punitive tax on cider really is shaping up to be a corker. By close of play yesterday – just a day after Darling announced in the Budget he will be popping duty on the tipple at 10 per cent above the rate of inflation from midnight on Sunday – [...]
Bovey’s failed business now up for sale March 28, 2010 IMAGINE Homes, the property business owned by Anthea Turner’s husband Grant Bovey is to be put up for sale by administrators Deloitte. It is Bovey’s ninth failed business and adds to the long list of embarrassments for the celebrity couple. Imagine Homes bought properties from developers and sold them on to investors with supposed guaranteed [...]
WHAT ARE YOUR PREDICTIONS FOR WEDNESDAY’S BUDGET? March 21, 2010 ROGER BOOTLE | DELOITTE “The chancellor will point to the fragility of the economic recovery in resisting calls from some economists for a faster fiscal consolidation. Any modest proceeds from lower unemployment and the bonus tax windfall are likely to be largely spent rather than saved, hardening the election battle lines.” DAVID BUIK | BGC [...]
Risk rules will hurt top firms February 8, 2010 THE world’s top 100 financial firms will be forced to stump up more than $111bn (£71bn) by 2012 to cope with the onslaught of new risk and compliance regulation, according to a report by?Deloitte. Top firms spent $50bn on compliance procedures in 2006, but Basel II, Solvency II, the Companies Act and the Walker Review [...]
To understand the future of law, look back April 6, 2010 LAW firms are currently experiencing change like never before. In the last two years, many firms have seen their revenues and profits decline for the first time in over a decade. They’ve had to let go many talented lawyers, both at partner level and below. Clients who used to accept above-inflation fee increases each year [...]
There is value to be found in private equity May 19, 2010 AFTER two years in the investment wilderness listed private equity companies have emerged fresher, leaner, less debt-ridden and ripe to outperform the overall stock market, according to some analysts. Traditionally private equity houses tend to be a good play on a cyclical economic recovery. Their share prices should rise when their portfolio companies start to [...]
Accountants are vital for boosting economies right across the world June 16, 2010 IT’S clear we are living in unprecedented economic times. Indicators from various sources – including the latest quarterly survey of ACCA members, the largest of its kind in the world – suggest “cautious optimism”, and no more, is appropriate. In 2010, the financial services sector continues to dominate all levels of debate, from its willingness [...]
Accountants are vital for boosting economies right across the world June 16, 2010 IT’S clear we are living in unprecedented economic times. Indicators from various sources – including the latest quarterly survey of ACCA members, the largest of its kind in the world – suggest “cautious optimism”, and no more, is appropriate. In 2010, the financial services sector continues to dominate all levels of debate, from its willingness [...]