RAPID RESPONSES April 3, 2012 Boomers bite back [Re: Pensioners are winning out in Britain’s battle of the generations, yesterday] Baby-boomers are not stealing their kids inheritance. People starting work then earned far less than their modern equivalents. Property may be comparatively more expensive nowadays, but cars and consumer goods in general are far cheaper. Ian Mair My wife and [...]
RAPID RESPONSES April 3, 2012 Boomers bite back [Re: Pensioners are winning out in Britain’s battle of the generations, yesterday] Baby-boomers are not stealing their kids inheritance. People starting work then earned far less than their modern equivalents. Property may be comparatively more expensive nowadays, but cars and consumer goods in general are far cheaper. Ian Mair My wife and [...]
Misys sinks as ValueAct and CVC walk away April 2, 2012 SHARES in Misys dropped three per cent yesterday when ValueAct and CVC admitted they do not intend to bid for the banking software firm. The private equity partnership, which had until yesterday to “put up or shut up”, confirmed it would not rival Vista’s £1.27bn offer for Misys. ValueAct, which holds a 21.5 per cent [...]
The law firm boss who’s not moving anywhere but up April 1, 2012 LAST weekend, Bryan Hughes found himself hanging 50ft above the ground, attached to nothing but a rope. In an effort to face his son’s fear of heights he’d taken him on the high wires at Center Parcs, but when they reached the highest point Hughes found himself feeling a growing sense of panic. “I made [...]
The law firm boss who’s not moving anywhere but up April 1, 2012 LAST weekend, Bryan Hughes found himself hanging 50ft above the ground, attached to nothing but a rope. In an effort to face his son’s fear of heights he’d taken him on the high wires at Center Parcs, but when they reached the highest point Hughes found himself feeling a growing sense of panic. “I made [...]
London retains its ranking as the world’s best place to do business March 18, 2012 LONDON has retained its standing as the world’s top financial centre, despite economic uncertainty, the threat of regulatory upheaval and the Eurozone debt crisis. In the Global Financial Centres Index, the UK capital scored a rating of 781, compared to 772 for New York, 754 for Hong Kong, 729 for Singapore and 693 for Tokyo. [...]
London retains its ranking as the world’s best place to do business March 18, 2012 LONDON has retained its standing as the world’s top financial centre, despite economic uncertainty, the threat of regulatory upheaval and the Eurozone debt crisis. In the Global Financial Centres Index, the UK capital scored a rating of 781, compared to 772 for New York, 754 for Hong Kong, 729 for Singapore and 693 for Tokyo. [...]
ACKERMANN UP FOR ZURICH CHAIR March 14, 2012 ZURICH Financial said yesterday it would propose outgoing Deutsche Bank chief executive Josef Ackermann as its chairman after a shareholder meeting on 29 March. The 63-year-old Swiss-born Ackermann will hand the reins of Deutsche to Anshu Jain and Juergen Fitschen during the annual shareholders meeting at the end of May. Picture: GETTY
CITY MOVES | WHO’S SWITCHING JOBS March 11, 2012 O2 The mobile telecoms giant has appointed Martin Harriman as the new head of its business development division. Harriman is joining from LightSquared, where he has been executive vice president since 2009. He has held senior positions at Ericsson in Sweden, and was chief commercial director and a founding member of Augere. Harrison will replace [...]
WHAT THE OTHER PAPERS SAY THIS MORNING March 8, 2012 FINANCIAL TIMES DEUTSCHE BANK TAPPED ECB FOR UP TO €10BN Deutsche Bank took as much as €10bn of European Central Bank emergency funding last week, despite deep reservations over the programme voiced by outgoing chief Josef Ackermann. Investors briefed by Deutsche Bank’s finance director and investor relations executives say the bank was persuaded by the [...]