Shares for rights could lure talent to smaller firms September 1, 2013 AS NEW rules came into force yesterday allowing employees to waive certain workers’ rights in exchange for shares in their employer, lawyers have said the legislation could drive top talent towards the UK’s smaller companies. Under the new scheme, first proposed by chancellor George Osborne last year, employees can exchange certain rights – including statutory [...]
City Matters: How British companies can help Latin America unlock its huge potential May 18, 2014 THE EYES of the world are turning to Brazil as “the beautiful game” returns to its spiritual home next month. This is an exciting time for all the teams involved ahead of the World Cup, but also one filled with major challenges and opportunities – a situation not dissimilar to that facing Latin America as [...]
What today’s Court of Appeal ruling means for FCA prosecutions May 21, 2014 Today’s ruling in the UK’s Court of Appeal has overturned the decision of a lower court to effectively halt a fraud prosecution pursued by the Financial Conduct Authority (FCA). The regulator has applauded the ruling, stating that it “is committed to pursuing criminal action in appropriate cases” and is “pleased that this case can now [...]
What today’s Court of Appeal ruling means for FCA prosecutions May 21, 2014 Today's ruling in the UK's Court of Appeal has overturned the decision of a lower court to effectively halt a fraud prosecution pursued by the Financial Conduct Authority (FCA). The regulator has applauded the ruling, stating that it "is committed to pursuing criminal action in appropriate cases" and is "pleased that this case can now [...]
Former Kazakh banker set to be extradited January 9, 2014 A FORMER banker accused of embezzling up to $6bn (£3.6bn) from his employer should be extradited to Ukraine or Russia to face fraud charges, a French court ruled yesterday. Mukhtar Ablyazov, who was chairman of Kazakh bank BTA, had been in hiding since being sentenced to prison for contempt of court by an English judge [...]
Inside Track: Cenkos is driving an AA float, but the handbrake is still on March 26, 2014 YOU KNOW things are getting toppy when Cenkos is hawking accelerated IPOs around the City,” a fund manager told me over lunch last week. While he said it half in jest, he had a point. The investment bank whose rainmakers pioneered the technique during their time at Collins Stewart are back in their old routine. [...]
Why an independent Venice should adopt Dogecoin March 18, 2014 On Friday, polls will close as Venetians vote on the issue of independence. Opinion polls suggest that locals are in favour of a future Republic of Veneto, but a successful yes result will not be legally binding. Crucially, if Venice does ever become fully independent, it will have to make a decision on the matter [...]
Why an independent Venice should adopt Dogecoin March 18, 2014 On Friday, polls will close as Venetians vote on the issue of independence. Opinion polls suggest that locals are in favour of a future Republic of Veneto, but a successful yes result will not be legally binding. Crucially, if Venice does ever become fully independent, it will have to make a decision on the matter [...]
Hays sees signs of broad uptick in British hiring January 9, 2014 HAYS has become the latest recruitment company to declare a thaw in the UK jobs market, with net fees in the last quarter of 2013 up 10 per cent. Hiring has surged in UK construction and there are pockets of jobs growth in financial services, finance boss Paul Venables said. “In the City of London [...]
We’re slashing rules that hold business back while Labour imperils recovery January 27, 2014 THE GDP figures released today, expected to show further evidence of economic growth, will tell us how far the recovery has progressed. They follow last week’s employment stats which showed that our long-term plan is beginning to work. We are creating more jobs by backing small business and enterprise with better infrastructure and lower jobs [...]