City Matters: Social impact investing: The City must embrace a future of philanthropy January 29, 2014 THE CITY has always been a crucible for debate, innovation and philanthropy. All three are crucial as we strive to rise to the complex challenges posed by the “new normal” – a fast-developing globalised world where resources are increasingly scarce and in demand. I am particularly keen to draw upon the City’s energy, expertise and [...]
Acquisitions and a rise in diversity mark year September 8, 2014 ACCOUNTANCY FIRM of the year IT’S been a tough year for many accountancy firms – making it a very tough decision for our judges to make. However, it has also been a year of opportunity, as the achievements of our nominees prove. These companies have forged ahead, seeking new markets – especially in London’s growing [...]
Inside Track: City contingency planning for Yes vote long overdue September 10, 2014 YESTERDAY’S desperate round of campaigning in Scotland by the main Westminster party leaders might have offered a boost – but not to those they wanted to vote No to independence. In the City, the reality check of a Yes vote being a genuine prospect is triggering contingency planning that should have been underway months ago. [...]
Outside the box: SpaceWays founder David Fuchs talks unwanted cars, Mexico and sexiness October 26, 2014 Budding entrepreneurs will frequently tell you that it’s heartfelt passion driving them to set up a business. But the substance of many highly-successful companies isn’t all that exciting – think chipmakers, paper shredders, kebab boxes. “It’s not that I always dreamt of owning a storage business. Nobody does that. It’s not sexy to go [...]
City Matters: Social impact investing: The City must embrace a future of philanthropy January 26, 2014 THE CITY has always been a crucible for debate, innovation and philanthropy. All three are crucial as we strive to rise to the complex challenges posed by the “new normal” – a fast-developing globalised world where resources are increasingly scarce and in demand. I am particularly keen to draw upon the City’s energy, expertise and [...]
Independence referendum: Lloyds, Standard Life and Clydesdale Bank say they’ll quit Scotland if it votes yes September 10, 2014 Lloyds, Standard Life and the Clydesdale Bank are planning to quit Scotland and move their headquarters to London if voters back independence in next week’s referendum, the firms said yesterday. RBS is also planning to move to the City, Treasury sources said. The contingency plans are aimed at reassuring investors they will be able to continue normal [...]
City Moves for 18 August 2014 | Who’s switching jobs August 17, 2014 CWPA City and Westminster Property Associations announced the appointment of a new executive director, Charles Begley, who will take up his post in October. An ex-journalist and comms expert, he is a senior partner at TTA Property, part of The Good Relations Group and the specialist corporate, consumer and stakeholder real estate arm of top [...]
Ex-MEP who called for caps on bonuses, slammed for taking London Stock Exchange job August 22, 2014 Former Lib Dem MEP Sharon Bowles has been chastised by Sven Giegold, a German Green, for taking a job at the London Stock Exchange (LSE) after calling for caps on bonuses in the financial industry. Giegold, who had spearheaded the campaign for a cap on bankers' bonuses, which was introduced last year, used to Twitter [...]
Our housing crisis will become a catastrophe without a national crusade to fix it September 24, 2014 HOUSING is a basic human right, and we are denying it to our children. If current house price rises continue, babies born today will pay £6.3m in 2048 for a one bedroom London flat. Already, at around £428,000, the average London house price is over 16 times the average national salary. There is a vast [...]
Savers will pay a terrible price for Europe’s latest stealth tax February 17, 2014 MONEY, money, money – there is much still to learn from Abba, the wonderful Swedish band, especially when it comes to economics. Take their garish outfits: the crazed hotpants, the white boots and the bizarre shirts. It turns out that they were chosen for tax reasons: under the crippling Swedish tax system under which Abba [...]