Kuwaitis buy into City safe haven December 15, 2011 KUWAITI property firm St Martins Corporation has bought a £176m office development at the heart of the City from Hammerson, in the latest sign of overseas investors buying into London as a safe haven. The nine-storey office tower at 60 Threadneedle Street is on the site of the former stock exchange, having been redeveloped by [...]
Kuwaitis buy into City safe haven December 15, 2011 KUWAITI property firm St Martins Corporation has bought a £176m office development at the heart of the City from Hammerson, in the latest sign of overseas investors buying into London as a safe haven. The nine-storey office tower at 60 Threadneedle Street is on the site of the former stock exchange, having been redeveloped by [...]
Why businesses have to come first in the City July 3, 2011 AT the end of the 19th Century, the Square Mile was home to some 75,000 people; by 1950, this number had decreased to less than 10,000 and has remained largely stable ever since. These figures in themselves are not surprising; they reflect the inherent tensions that exist between businesses and residents in any modern area [...]
To revive a weak economy small firms must be able to become tomorrow’s giants January 8, 2012 AT THE dawn of a New Year, one bright spot across the gloom of the economic horizon remains Britain’s army of entrepreneurs – those remarkable men and women who have the drive and passion to launch and run their own business. For it is these often family-owned ventures – the small and medium enterprises (SME) [...]
To revive a weak economy small firms must be able to become tomorrow’s giants January 8, 2012 AT THE dawn of a New Year, one bright spot across the gloom of the economic horizon remains Britain’s army of entrepreneurs – those remarkable men and women who have the drive and passion to launch and run their own business. For it is these often family-owned ventures – the small and medium enterprises (SME) [...]
We must resist a tax that isn’t FTT for purpose February 6, 2012 AS THE European Parliament held its public hearing on the proposed financial transaction tax (FTT) on Monday, the battle positions were clearly drawn. For the Eurozone, an FTT represents a smallish subsidy to repair damaged national balance sheets; for the UK, the adoption of an FTT would represent a massive drag on the country’s economic [...]
WHAT DOES THE CHANCELLOR’S BUDGET MEAN FOR YOU? March 21, 2012 CATHERINE GANNON, 50,MANAGING DIRECTOR OF LAW FIRM GANNON Catherine lives with her children, aged nine and 11, in a home she owns with a mortgage. She set up her firm nine years ago and worries about red tape and taxes. When travelling to meet clients, she uses the tube. She earns over £100,000, and has [...]
CITY MOVES | WHO’S SWITCHING JOBS December 14, 2011 Bargate Murray The City law firm has appointed Jonathan Lea as a senior associate in the corporate department. He will focus on developing relationships with the technology and digital media companies establishing themselves around the Silicon Roundabout area, as well as traditional corporate advisory work. Lea trained at Clyde & Co and has spent his [...]
CITY MOVES | WHO’S SWITCHING JOBS December 14, 2011 Bargate Murray The City law firm has appointed Jonathan Lea as a senior associate in the corporate department. He will focus on developing relationships with the technology and digital media companies establishing themselves around the Silicon Roundabout area, as well as traditional corporate advisory work. Lea trained at Clyde & Co and has spent his [...]
Finance hubs make €170bn a year for EU July 26, 2011 EUROPE’S eight biggest financial hubs contributed more than €170bn (£150bn) to their countries’ GDP last year and employed nearly a million people, according to new research. These financial centres – Amsterdam, Dublin, Frankfurt, London, Luxembourg, Madrid, Milan and Paris – play a vital role supporting governments, companies and societies across all 27 EU member states, [...]