AEA admits shares are worthless July 18, 2012 Climate-change technology firm AEA yesterday warned its shareholders that they would be left with “little or no value”, after it failed to find a long-term solution to its debt problems. The firm, which is based in Oxfordshire, said it is looking at all “strategic options to realise value” but said an offer for its shares [...]
Meet Mark Carney: the Canadian flown in to save the UK economy November 26, 2012 IN APPOINTING Mark Carney the new governor of the Bank of England, the government has found an ex-Goldman Sachs director comfortable with garnering the views of the City – yet unafraid of standing his ground at times of conflict. The Canadian famously clashed with JP Morgan chief Jamie Dimon after a fierce disagreement over the [...]
City Moves Who’s switching jobs August 27, 2012 British Retail Consortium The BRC has appointed Ian Cheshire as chairman, taking over the two-year post from Rob Templeman on 1 October. Cheshire has been chief executive of Kingfisher since January 2008 and an executive director since June 2000. He has also been a non-executive director of Whitbread since February 2011. He serves as a [...]
Accountants can be counted upon to face challenge of climate change November 15, 2011 HEAD OF ACCA UK LATER this month, thousands of climate change experts, government negotiators, campaigners, and business people will be gathering in Durban, South Africa for the seventeenth annual meeting of the signatories to the UN Framework Convention for Climate Change. Or, more simply, COP17. The ultimate objective of each COP (Conference of the Parties) [...]
Deutsche: Jump in market means deals are back February 13, 2013 SOARING equities markets are giving a major boost to confidence and should lead to a strong recovery in mergers and acquisitions and in share listings through 2013, top investment bankers at Deutsche Bank said yesterday. Market activity, and thus bank revenues, have been falling ever since the financial crisis. But Deutsche Bank reports increasing optimism, [...]
RAPID RESPONSES July 25, 2012 Green fiasco [Re: UK energy policies are sabotaging industry’s global competitiveness, Tuesday] Tony Lodge gets right to the core of why we can’t climb out of recession. The Climate Change Act, passed as the economy tipped off a cliff, stands as one of the greatest acts of stupidity in living memory. Britain won’t grow if it’s [...]
Cameron’s cabinet reshuffle is taking shape September 4, 2012 YESTERDAY’S reshuffle left the great offices of state untouched but the changes David Cameron made to his cabinet provide an insight into the Prime Minister’s plans for the second half of this government. He has turned to trusted allies, with aides saying the focus is on ensuring government policies pass into legislation within the timeframe of [...]
14 year old takes Bank of America prize June 21, 2012 BANK of America Merrill Lynch’s Student Presentation Skills prize 2012 has gone to 14 year old Wahida Tasnim, after the panel heard her vehement speech on climate change. Tim Loughton MP, parliamentary under secretary of state for children and families, who opened the event said: “We were all thoroughly impressed by the high standard of [...]
How to make the most of your Isa February 21, 2013 It is much easier to transfer your account than you may think MANY consumers are aware of the benefits that come with an individual savings account (Isa). You won’t pay capital gains tax on your Isa investments, nor will you pay income tax on your Isa savings, and you don’t have to mention Isas on [...]
Rio summit is a game changer for accountants’ role in businesses June 12, 2012 FOR some time now, the accountancy profession has been actively engaged in the debates on sustainable development and climate change, at least in respect of those areas that impact on accounting and business. Despite best efforts, two commonly asked questions about environmental and sustainability issues continue to be asked. The first, asked by accountants, is: [...]