Expat Expert: How to enjoy your golden years November 25, 2010 Q.I AM LIVING AND WORKING ABROAD BUT I WILL WANT TO RETIRE AT SOME POINT IN THE NEXT 10 YEARS. WHAT DO I NEED TO THINK ABOUT? A.The good thing is that you are already thinking about your retirement, which is the first stage in planning and investing for it. As you approach retirement you [...]
What Clegg and Cameron will mean for your finances May 13, 2010 WHEN David Cameron and Nick Clegg stepped into 10 Downing Street together on Wednesday evening, it heralded a new era in British politics and a strong commitment to tackle Britain’s public finances. Unfortunately for those keeping a close eye on their money, their plans to get the country’s debts in order are going to have [...]
Home repossessions tumble November 11, 2010 THE number of homes repossessed by lenders in Britain fell to a two and a half year low in the third quarter, data showed yesterday, but courts issued more orders to reclaim homes, suggesting there may be a rise ahead. Figures from the Council of Mortgage Lenders showed that 8,900 homes were repossessed in the [...]
Celebrating the best of the City October 28, 2010 Mayor of London Boris Johnson snapped up the most prestigious gong at CityA.M.’s inaugural awards ceremony last night. A panel of judges, made up of some of the most influential members of the Square Mile’s financial community, voted unanimously for Johnson to be personality of the year, saying that he was a “wild personality” and [...]
TONIGHT WILL BE A NIGHT FOR HEARTY CELEBRATION October 27, 2010 THIS evening will see 450 guests in their finery roll up at the Grange hotel at St Paul’s, as City A.M. proudly hosts its first ever awards ceremony honouring the UK’s business stars and City luminaries. The award winners will come from a diverse range of sectors, from investment to retail banking, fund management and [...]
CITY MOVES | WHO’S SWITCHING JOBS May 31, 2010 Sainsbury’s Finance The supermarket personal finance business yesterday said interim chief executive David Fisher has been appointed as its new permanent chief. Fisher, who has been in the interim role for five months, joined the group in January from Lloyds Banking Group, where he was group HR director for HBOS. He spent a total of [...]
PINNACLE APPEALS TO KEEP ICONIC TOWER ALIVE November 25, 2010 Developer could be forced to halt work next year unless it can secure extra funding THE DEVELOPER of the Pinnacle skyscraper is scrambling to secure extra funding to avoid being forced to halt construction on the 945-foot tower. Arab Investments (AI) has made a plea to some of the Pinnacle’s 60 original investors for extra [...]
City chairman says the politics of envy is causing an exodus of talent December 15, 2010 Stuart Fraser’s office at the City of London Corporation features an interesting contrast. Along one wall is a series of large photographic prints of the London skyline, including a shot of the stunning white Guildhall Yard, next to which we are sitting. The opposite wall contains a small shrine to Asia: a scale model of [...]
Finance site appoints non-exec April 7, 2010 Money Dashboard has appointed a new non-executive director in the run up to its launch. Laurie Dempster, a serial entrepreneur and former business controller in the IFA sector, has joined the company as a non-executive director. He joins chairman Stuart Sinclair, the former chief executive of Tesco Personal Finance, and non-executive director David Robinson, who [...]
CITY OF LONDON CHIEF HITS OUT AT PAY RULES December 12, 2010 CITY of London policy chief Stuart Fraser has slammed new EU laws regulating bonus payments as “political point scoring” that will drive business out of Europe and destroy London’s status as a global financial capital. In his column for City A.M. today, Fraser, the chairman of the policy and resources committee at the City of [...]