DMGT looks ahead as it cuts ties with JP Morgan Caz November 1, 2012 CORPORATE broking relation-ships in the City tend to be pretty sticky, which is one reason bankers tell me that Barclays is so far hanging on to many of its newly-won clients even though the ultimate force behind its move into this line of business, former chief executive Bob Diamond, is very much no longer with [...]
The City’s history may be great but its future depends on open borders May 27, 2012 THE CROWDS queuing for a glimpse of Her Majesty’s royal barge will get – for a few hours – a useful reminder of the role geography has played in the success of London as a global trading hub. And the importance of immigration, too. Sunblock and brollies at the ready on Sunday, we will gaze [...]
Media tycoon invests in online firm run by ex-Sun boss’s son November 13, 2012 HOLLYWOOD mogul Peter Chernin has ploughed £7.5m into a British digital media business run by the son of the former editor of The Sun, Kelvin MacKenzie. Ashley MacKenzie’s Base79 runs more than 500 YouTube channels, generating advertising revenue for content providers including the BBC and Ministry of Sound. Chernin spent 13 years as president and [...]
CITY EYE March 25, 2012 ANIMAL health officer Ann Dallimore inspects a python on its arrival at the Heathrow Animal Reception Centre. The centre is run by the City of London Corporation and handles over 35m animals per year.
Megafon hopes to clarify deal details in days October 10, 2012 ADVISERS to Megafon, the Russian mobile phone operator intending to float in London and Moscow, said it would clarify the intentions of its controlling shareholder Alisher Usmanov in the next few days after concerns there might be corporate governance issues. The group, which published its intention to float statement earlier this week, was rocked by [...]
Megafon hopes to clarify deal details in days October 10, 2012 ADVISERS to Megafon, the Russian mobile phone operator intending to float in London and Moscow, said it would clarify the intentions of its controlling shareholder Alisher Usmanov in the next few days after concerns there might be corporate governance issues. The group, which published its intention to float statement earlier this week, was rocked by [...]
CITY VIEWS DO YOU FIND ENERGY TARIFFS CONFUSING?* April 11, 2012 EDWARD GRIGSON MOTABILITY OPERATIONS Yes. There are so many of them out there. It would be good for the companies to explain which is best rather than having to work it out from all the options. I suspect many people will switch tariff. ROZ FLEMING FIDELITY Yes – I pay by direct debit and I [...]
Britain is a country of extremes: We either love or we hate November 25, 2012 A FEW years ago, Britain was ridiculously complacent, blind to everything that was going wrong in the economy, determined not to notice the irrational exuberance, the monetary pump-priming, the fiscal profligacy, the epidemic of stupid decisions and the deliberate malfeasance. We were a nation in the grip of an insane bubble yet anaesthetised by cheap [...]
Rapid responses November 12, 2012 Open for business? [Re: Will the City struggle to retain its position as the world’s financial centre? Friday] It is important that London retains its status as a major international financial centre, but it faces many challenges. London has always been seen as an automatic choice of location for foreign banks, but there are concerns [...]
Tory MPs call for £50,000 threshold for higher tax October 29, 2012 PEOPLE earning less than £50,000 a year should not pay the 40p higher rate income tax, according to a report out today by prominent backbench Conservative MPs. The proposal comes from Kwasi Kwarteng and Priti Patel, who both belong to the Free Enterprise Group of 36 MPs who seek to promote economically liberal causes. At [...]