Why the London Docklands hold the key to tackling the UK housing crisis September 30, 2013 HOW DO we solve Britain’s housing crisis? Ed Miliband has promised to see 200,000 homes built each year by 2020. But his pledge was linked to a misguided initiative to stop developers hoarding land (the Office for Fair Trading couldn’t find any evidence that this actually happens). The Tories, meanwhile, are bringing forward the second [...]
Soak the rich: Lib Dem plans to hit those earning over £50,000 with higher tax bills September 16, 2013 In notes first published by City A.M., it has been revealed that the Liberal Democrats are looking for those earning over £50,000 to pay more in tax. The Liberal Democrat press team calls this "looking at how the richest … could make a further contribution". In these difficult times, it is important that everyone makes [...]
Startup springboks who let the idea come to them November 17, 2013 Annabel Palmer meets Leon Blitz and Brad Fried, lifelong pals behind investment firm Grovepoint MOST entrepreneurs start with an idea – be it reinventing the wheel or simply finding a way to do something better than anyone else out there. The hard part is then taking the first steps – shunning job security for months [...]
Panmure looks east to net new broking clients September 24, 2013 PANMURE Gordon hopes its ties to the Middle East will help it win new business, as the stockbroker rides the rise in equity market activity. Chief executive Phillip Wale said he hopes to “strengthen and leverage” the relationship with QInvest, the Qatari investment bank that has been Panmure’s biggest investor since 2009. “There are companies [...]
Payouts for whistleblowers possible says Home Office October 10, 2013 People who are witnesses for the state in cases of corporate crime could be in line for payouts, under a new government strategy to target serious crime. (Release) The Home Office's cross-government proposal, the 'Serious and Organised Crime Strategy' states: The Ministry of Justice and the Home Office will consider the case for incentivising whistle [...]
Why we should all remember the man who built Canary Wharf October 28, 2013 THREE major forces help drive progress: economic and legal institutions; people, especially risk-taking buccaneers and entrepreneurs; and chance. The creation of Canary Wharf is a case study of how all three factors interact: its rise from the ashes of the bankrupt Docklands transformed London’s economy, enabling it to build and retain a world class financial [...]
Gulf Keystone surges 17pc on legal outcome September 10, 2013 AIM-LISTED oil explorer Gulf Keystone Petroleum’s share price soared almost 25 per cent yesterday, after a three-year court battle over assets in Kurdistan was ended in its favour. The English Commercial Court in London dismissed all claims by Excalibur Ventures, which argued that it was owed a 30 per cent interest in GKP’s assets in [...]
How Labour can deliver on its pledge and tackle London’s housing drought September 24, 2013 HAROLD Macmillan made his reputation – and became Prime Minister – after delivering on his pledge to build 300,000 houses a year in the early 1950s. As Ed Miliband made clear yesterday, when he promised that a Labour government would ensure that 200,000 new homes were built annually by 2020, we now need similar ambition. [...]
Britain needs action on visa restrictions to stay open to international business February 3, 2013 THE defining characteristic of London’s success in recent times is its international outlook. New census data vividly demonstrates this fact, by showing that more than 100 different languages are now spoken in virtually every London borough. Skilled individuals from across the globe choose to call the capital home. This pool of talent is, in turn, [...]
Candy Crush saga claims London victim as King opts for New York float October 1, 2013 Powerscourt, the ambitious financial public relations group founded by ex-Goldman Sachs spin doctor Rory Godson, has become the first casualty of the decision by King, the UK-based mobile gaming company, to list in New York rather than London. King, best known for its hit game Candy Crush Saga, has hired Brunswick, to handle its upcoming [...]