Dave and Nick fight back ahead of Queen’s Speech May 8, 2012 PRIME Minister David Cameron and his deputy Nick Clegg launched their coalition fight-back yesterday, visiting small firms in Essex ahead of a Queen’s Speech that they hope will boost business and reaffirm faith in the City. Today’s announcement of the coalition government’s plans will include a bill to slash red tape and may involve reforms [...]
Track stays no matter what, says Robertson October 3, 2011 SPORTS Minister Hugh Robertson has confirmed the government has made a “cast-iron guarantee” that the Olympic Stadium’s running track will remain in place regardless of ongoing legal wrangling. The pledge was made to an International Athletics Federation (IAAF) delegation which yesterday completed a short visit to evaluate London’s bid to host the 2017 World Championship. [...]
HOSPITALITY PACKAGES May 10, 2012 FRIDAY 8TH JUNE The Ultimate Club Package offers private or shared tables of 8, 10 or 12 Veuve Clicuot Champagne reception with canapes at The Hurlingham Club. There’s a sumptuous lunch at The Hurlingham Club with selected complimentary wines, coffee and chocolates. Full Afternoon Cream Tea in private VIP pitch side enclosure. All day complimentary [...]
Third cleric quits over occupation of St Paul’s October 31, 2011 THE ARCHBISHOP of Canterbury has broken his two-week silence over the St Paul’s occupation after the Dean of the Cathedral became the third cleric to resign yesterday. Dr Rowan Williams said he was “very sad” that the Right Rev Graeme Knowles had resigned and said the protesters had raised “urgent issues”. “The events of the [...]
House prices in the capital are detached by location May 20, 2012 London’s property market is outperforming but some boroughs are well off the pace LONDON Neither London, nor England and Wales, have returned to their 2008 peaks – but London is close. From March 2009, prices have grown 16 per cent in London compared to 6 per cent in England and Wales as a whole. However, [...]
Spanish regional profligacy sits as a worrying lesson to the Eurozone May 29, 2012 BEYOND the troubled banking sector, there is another potential problem on the Spanish horizon that could be instrumental in how the euro crisis develops: the central government’s relationship with the 17 Spanish regions, and particularly its ability to keep public spending at the regional level under control. The 1978 post-Franco constitution designed Spain as a [...]
Super Mario talks a good game but Italy’s entrepreneurs have lost out April 23, 2012 ITALIAN Prime Minister Mario Monti recently proclaimed “historic” labour reform and even declared the “financial aspect” of the crisis to be over. But don’t pop the Prosecco yet. Italy’s biggest impediments to business – rigid labour rules and uncertain contract enforcement – are alive and well. Monti’s upbeat attitude should be tempered by Italy’s ongoing [...]
Lehman lawyers think insolvency regime too weak November 24, 2011 THE high profile failure of MF Global has once again highlighted the intractable problems that arise when an investment firm fails. The latest reports suggest that the shortfall on client funds may be as much as $1.2bn (£0.7bn). Staggeringly, that represents a quarter of all the funds that the firm was supposed to be holding. [...]
Lehman lawyers think insolvency regime too weak November 24, 2011 THE high profile failure of MF Global has once again highlighted the intractable problems that arise when an investment firm fails. The latest reports suggest that the shortfall on client funds may be as much as $1.2bn (£0.7bn). Staggeringly, that represents a quarter of all the funds that the firm was supposed to be holding. [...]
You can check out anytime – but can the clients follow? April 4, 2012 WOULD the City be better if it was more like California? Obviously, the sunshine and beaches would be nice. But what about the Golden State’s employment law? Restrictive covenants (RC) are contracts that many people in the City sign when they start a job, which tell them what they can and can’t do when they [...]