Tax onslaught from Labour and Brussels will destroy jobs February 14, 2013 IF it moves, tax it; if it doesn’t, subsidise it; and above all make sure the tax system is as complicated as possible. That, and a nasty dose of class war and anti-finance prejudice, has become the new modus operandi for many in Britain and Europe. As a result, yesterday was one of the worst [...]
The benefits and limitations of furthering your education January 16, 2013 TAKING a masters in finance or management can be tempting for many graduates, especially given the need for a competitive edge in today’s tough City jobs market. The data lends some support to this view. At Imperial College Business School, a respective 87 and 88 per cent of 2011 masters in finance and management graduates [...]
Barclays staff in Libor probe named in court January 24, 2013 EMAILS from Barclays’ former top bosses including Bob Diamond were passed to regulators as part of the Libor fixing investigation, a court revealed yesterday, after a bid by those listed to remain anonymous failed. A total of 106 staff and former employees had wanted to go un-named, including 25 people identified in the regulatory filing. [...]
…but repossessions now hitting the north June 25, 2012 MORTGAGE holders in northern regions are more likely to lose their homes to lenders than people in the south, a group of surveyors said yesterday. Parts of the north east and north west of England have significantly higher rates of repossession, the data from e.surv found, though the group added that banks are trying to [...]
CITY MOVES WHO’S SWITCHING JOBS July 22, 2012 Avocet Mining David Cather has been appointed chief executive of the West Africa-focused gold mining and exploration firm. He joined the board as chief operating officer in May 2012 from European Goldfields, where he was also chief operating officer, and replaces Brett Richards. Cather has previously held senior positions at Anglo American and De Beers. [...]
M&S to introduce in-store banking service June 8, 2012 Retailer Marks & Spencer said it plans to launch an in-store banking service next month, backed by Europe’s biggest bank HSBC. The group said 50 M&S Bank branches will open in M&S stores across the UK over the next two years, with the first branch scheduled to open in July at its flagship Marble Arch [...]
PERSONAL FINANCE NEWS August 3, 2011 INVESTORS TAKE A MEGA BITE OF APPLE Clients of Barclays Stockbrokers have named Apple their favourite technology stock. 57 per cent favoured Apple over other technology stocks, 11 per cent Google, while 10 per cent said they would be interested in investing in Facebook and Twitter if and when they float. Cisco Systems, the US [...]
ENTREPRENEUR OF THE YEAR August 5, 2012 We start the week with the latest nominees for the third annual City A.M. awards – our shortlist for Entreprenur of the Year. Some of the world’s great companies were founded in tough economic times, and we are undoubtedly living through dark days now. It takes a clear head to lead a company when all [...]
Zombie firms, tax hikes and HS2 all dragging the UK down January 28, 2013 THERE is much that the coalition has done that is helping the economy. Its reforms to education and welfare will, over time, improve the workforce’s skills and reduce the number of people trapped in dependency. Cutting the top rate of tax, which kicks in in April, and the increases to the personal allowance, which have [...]
Time to take drastic action to reboot Britain’s feeble economy February 19, 2013 So what, exactly, could the chancellor do to boost growth? He is, of course, hamstrung by two conflicting realities: the fact that the budget deficit remains huge, and may even increase this year, as well as by the realities of coalition politics. But unless he changes course, and is willing to take a major risk, [...]