Cameron pledges radical reforms August 15, 2011 DAVID Cameron will today pledge a sweeping review of the UK’s approach to social policy in the wake of last week’s devastating riots. The prime minister will use a speech this morning to announce a “social fightback” to match last week’s security operation. He will pledge to “review every aspect of our work to mend [...]
CITY MOVES | WHO’S SWITCHING JOBS EDITED July 12, 2011 Ernst & Young The accountancy firm has strengthened its UK mining and metals team by appointing David Russell as a director, in advance of an anticipated acceleration of IPO and M&A activity in the resources sector. Russell has worked in Africa, Canada and Australia over his 30-year career in the industry, largely as a mining [...]
ENTREPRENEUR’S FILM AMBITIONS BACKED BY DOWNTON ABBEY STAR September 19, 2011 DAN STEVENS may have commanded a handsome fee to play Matthew Crawley in the second series of Downton Abbey, but he is not above lending his skills to smaller acting projects for free. Earlier this month, Stevens joined actresses Romola Garai and Imogen Stubbs to shoot a short film as a favour to its producer [...]
WHAT THE OTHER PAPERS SAY THIS MORNING September 14, 2011 FINANCIAL TIMES DEUTSCHE BÖRSE-NYSE DEAL TO SAVE EXTRA $1BN FOR CUSTOMERS Deutsche Börse and NYSE Euronext, the exchange operators planning to create the world’s largest bourse, have significantly raised their estimate of savings by banks from the deal, saying customers would save about $1bn more than previously estimated. VICKERS MEMBER CALLS FOR REPEAL OF BANK [...]
WHAT THE OTHER PAPERS SAY THIS MORNING September 14, 2011 FINANCIAL TIMES DEUTSCHE BÖRSE-NYSE DEAL TO SAVE EXTRA $1BN FOR CUSTOMERS Deutsche Börse and NYSE Euronext, the exchange operators planning to create the world’s largest bourse, have significantly raised their estimate of savings by banks from the deal, saying customers would save about $1bn more than previously estimated. VICKERS MEMBER CALLS FOR REPEAL OF BANK [...]
US debt discussion boosts Wall Street July 21, 2011 US stocks climbed yesterday as signs of progress on the US debt talks and concrete action from Europe on its own debt crisis heartened investors. Unexpectedly robust earnings results from Morgan Stanley, whose shares rose 11 per cent to $24.20, extended a relief rally in bank stocks after Goldman Sachs’ dismal trading profits stunned the [...]
US debt discussion boosts Wall Street July 21, 2011 US stocks climbed yesterday as signs of progress on the US debt talks and concrete action from Europe on its own debt crisis heartened investors. Unexpectedly robust earnings results from Morgan Stanley, whose shares rose 11 per cent to $24.20, extended a relief rally in bank stocks after Goldman Sachs’ dismal trading profits stunned the [...]
Cenkos chief Simon Melling steps down July 4, 2011 SIMON Melling, chief executive of mid-market stockbroker Cenkos, resigned after two years at the helm yesterday. The 50-year-old is believed to be leaving for personal reasons after a City career spanning 23 years. Melling became Cenkos’ chief executive two years ago after serving as its chief operating officer and finance director since its listing on [...]
We need a new capitalist revolution: A young writer presents his provocative manifesto for free markets September 19, 2011 MORE people have climbed out of poverty in the past 50 years than did so in the 500 years before that. Life expectancies across the world have doubled in the last one hundred years. The global poverty rate has fallen from 25 per cent in 2005 to 12 per cent today. By 2015, it will [...]
Battle is joined for financial literacy January 11, 2011 MY suggestion yesterday that top City firms should back a new educational fund for financial literacy struck a chord with readers. I have been inundated with emails of support, with all sorts of ideas about how to teach children and adults about numbers and how to manage their personal finances. City A.M. will be campaigning [...]