Why Am I So Single? review: Six the Musical creators return with the most fun new show in the West End
The report’s path to economic growth October 30, 2012 ■ Establish a Prime Minister-led National Growth Council, ensuring all parts of government support growth. ■ Launch an independent body to ensure the Council’s conclusions are fully and swiftly implemented. ■ Introduce a substantial devolution of funding from central government to Local Economic Partnerships (LEPs), based on major regional centres such as Manchester and Birmingham. [...]
The report’s path to economic growth October 30, 2012 ■ Establish a Prime Minister-led National Growth Council, ensuring all parts of government support growth. ■ Launch an independent body to ensure the Council’s conclusions are fully and swiftly implemented. ■ Introduce a substantial devolution of funding from central government to Local Economic Partnerships (LEPs), based on major regional centres such as Manchester and Birmingham. [...]
Bank of England prepares for capital level powers September 18, 2012 THE BANK of England will soon have major powers to adjust banks’ capital levels as it sees fit, adjusting regulatory requirements to try to match economic conditions, according to new government proposals unveiled yesterday. The new Financial Policy Committee (FPC) is being established to maintain stability in the sector – for example by bursting asset [...]
Brave start-up entrepreneurs may be set for a positive 2013 January 7, 2013 LAST year’s employment market was characterised by insecurity, scarcity of supply, and job losses in once buoyant sectors. Previously good reasons for staying in a City job could now be gone. While an uncertain jobs market may not be incentive enough alone for you to take the equally difficult path into entrepreneurship, according to Stuart [...]
Bank of England official questions impact of QE October 31, 2012 A SENIOR Bank of England rate-setter last night cast doubt over the effectiveness of its ongoing quantitative easing programme, known as QE3. Speaking in Hull, Charlie Bean said QE could still hold down yields, but questioned “the degree of traction these lower yields have on demand at the present juncture.” It is “plausible” that the [...]
Lobby calls for more state aid to businesses November 13, 2012 A PROMINENT business group this morning called for a radical Autumn Statement from chancellor George Osborne, asking for more money and support from the government. The government should re-allocate £3.8bn spending from welfare measures towards supporting house-builders, growing firms, and business investment the British Chambers of Commerce (BCC) said yesterday. “The chancellor’s Autumn Statement must [...]
Christmas is the ideal time to revive the City’s tradition of charitable giving December 9, 2012 FEAR that the UK could slip into a triple-dip recession heightened last week, as the services sector posted an unexpected slowdown. Yet remarkably, over half of us are still giving to good causes, despite the challenging economic outlook. This encouragingly high proportion of the population, includes many in the Square Mile. Contrary to myth, City [...]
Banks to miss start date for Basel III rules October 8, 2012 AN international banking supervisor has warned that some countries will miss a January deadline to implement tough new capital and liquidity rules for their banking sector. “It is clear that not all jurisdictions will be ready in time,” said Stefan Ingves, chairman of the Basel Committee for Banking Supervision yesterday, as the group released its latest [...]
Building society boss attacks BofE October 16, 2012 THE BANK of England should face more direct democratic oversight and take action to become more accountable and transparent, the Building Societies Association (BSA) said yesterday, voicing concern over powers the Bank is being given. Its Financial Policy Committee (FPC) is set to gain wide ranging macroprudential tools, allowing it to determine the levels of [...]
Planned FPC powers September 18, 2012 ■ Counter-cyclical capital buffers to try to keep lending steady ■ The FPC will be able to make banks build up capital buffers in good years and run them down in bad years ■ That means banks will not collapse when the economy slows, but instead have a cushion they can use up to keep [...]