CITY MOVES | WHO’S SWITCHING JOBS January 16, 2012 Signia Wealth Signia Wealth has appointed Martin King as managing director to lead its new Birmingham office, which will serve ultra high net worth individuals in the West Midlands as part of CEO Nathalie Dauriac-Stoebe’s expansion plans for the business. King joins the wealth manager from UBS Wealth Management, where he founded the Midlands office [...]
REFORM IS THE STORY OF BANKING BESTSELLER February 1, 2012 EVER WONDERED how former BP and Lehman Brothers spinner Andrew Gowers ended up as a strategic consultant to the Association for Financial Markets in Europe? The appointment of the one-time FT editor last November was a “seamless transition”, says AFME’s CEO Simon Lewis, from Gowers editing the body’s collection of essays on reforming Europe’s financial [...]
City success of 2011 fades on euro crisis January 8, 2012 FINANCIAL services firms experienced an unexpected acceleration in business volumes in the final three months of 2011, but remain pessimistic about future conditions, according to the Confederation of British Industry’s (CBI) survey of the sector, published today. Business activity rose for the seventh consecutive quarter, while incomes rose for the whole year. However employment levels [...]
City success of 2011 fades on euro crisis January 8, 2012 FINANCIAL services firms experienced an unexpected acceleration in business volumes in the final three months of 2011, but remain pessimistic about future conditions, according to the Confederation of British Industry’s (CBI) survey of the sector, published today. Business activity rose for the seventh consecutive quarter, while incomes rose for the whole year. However employment levels [...]
TAXPAYERS PETITION FOR PRIVATISATION OF THATCHER’S FUNERAL December 22, 2011 WHICH investment bank will underwrite the ticket sales at Margaret Thatcher’s privatised funeral? The Capitalist only asks because, as of last night, more than 14,000 people had signed up to the e-petition posted by Scott Morgan declaring that the Iron Lady’s state funeral should be funded and managed by the private sector. After all, Baroness [...]
Global revenues on rise but Europe to see the worst of it, say experts December 8, 2011 EUROPE, the Middle East and Africa will experience the slowest growth rate of all global sports markets over the next five years, experts have forecast. Latin America is poised to enjoy the biggest increase, growing 4.9 per cent each year, thanks to Brazil hosting the 2014 World Cup, according to research published today by accountants [...]
MPs’ fury at £25bn tax owed December 19, 2011 THE TAXMAN is chasing more than £25bn from Britain’s top businesses, according to a damning report from MPs published today. HM Revenue & Customs (HMRC) also appears to be “too cosy” with large companies and has refused to give “straight answers” to questions, claims the Public Accounts Committee, which has produced the study on tax [...]
MPs’ fury at £25bn tax owed December 19, 2011 THE TAXMAN is chasing more than £25bn from Britain’s top businesses, according to a damning report from MPs published today. HM Revenue & Customs (HMRC) also appears to be “too cosy” with large companies and has refused to give “straight answers” to questions, claims the Public Accounts Committee, which has produced the study on tax [...]
How to survive these taxing times January 29, 2012 AS THE dreaded 31 January rolls around for the self-employed – in fact, 1 February this year following planned industrial action – tax is once again top of the agenda. Nick Clegg, the deputy Prime Minister, has upped the ante by calling for the personal allowance to be raised to £10,000. In these taxing times, [...]
DAVOS DIARY January 24, 2012 THERE’S little news a skiier likes better than to hear that a bumper crop of snow awaits their arrival. Unfortunately, for those more focused on making a grand impression as they swoop into town aboard the classic Davos chariot – a personal helicopter – the weather has its inconveniences. The snow was simply too much [...]