Chancellor Rachel Reeves delivered Labour’s first Budget in 14 years, announcing £40bn of tax rises, Central London Alliance comments
FTSE closes down as doubts remain about Greek bailout February 21, 2012 The FTSE 100 closed down today after investors remained unconvinced by the Greek bailout deal. London’s blue chip index closed down 17.05 points, or 0.3 per cent at 5,928.20, retreating from a seven-month closing high it reached on Monday following high expectations for the Greek deal. Having risen 6.5 per cent since the start of [...]
Mandelson surprised by political shift to the right but says coalition will last January 25, 2012 THE COALITION will last out its intended term to 2015, according to Labour peer Peter Mandelson, although he added that it was “surprising” that the right, and not the left, has benefitted from the financial crisis. Mandelson was speaking at a breakfast hosted by WPP chief executive Sir Martin Sorrell to discuss the shift in [...]
DAVOS DIARY January 25, 2012 IS Lord Mandelson missing the limelight? The dark prince was all over the forum like a rash yesterday, hot-footing it from one engagement to another. Before any sign of sun was showing through the thick snowclouds covering Davos yesterday, Mandy suited and booted for a breakfast hosted by WPP chief executive Sir Martin Sorrell. Demonstrating [...]
WHAT’S ON IN DAVOS TODAY January 24, 2012 The World Economic Forum Annual Meeting 2011 opened yesterday and runs until Sunday 30 January. Mayor of London Boris Johnson is due to deliver a keynote speech today on the economic benefits of the 2012 Olympic Games. And Boris will join chancellor George Osborne at a lunch with UK chief executives and public figures Early [...]
WHAT’S ON IN DAVOS TODAY January 24, 2012 The World Economic Forum Annual Meeting 2011 opened yesterday and runs until Sunday 30 January. Mayor of London Boris Johnson is due to deliver a keynote speech today on the economic benefits of the 2012 Olympic Games. And Boris will join chancellor George Osborne at a lunch with UK chief executives and public figures Early [...]
PM: Investors to have say on pay January 8, 2012 DAVID Cameron is set to give shareholders new powers to veto boardroom pay at Britain’s top public companies. Yesterday the prime minister hit out at “excessive” pay which made “people’s blood boil” and said investors should be given a legally binding vote, beyond their current advisory role, on the pay packages and pay-offs of FTSE [...]
TAXPAYERS PETITION FOR PRIVATISATION OF THATCHER’S FUNERAL December 22, 2011 WHICH investment bank will underwrite the ticket sales at Margaret Thatcher’s privatised funeral? The Capitalist only asks because, as of last night, more than 14,000 people had signed up to the e-petition posted by Scott Morgan declaring that the Iron Lady’s state funeral should be funded and managed by the private sector. After all, Baroness [...]
WPP expands in Singapore December 15, 2011 ADVERTISING giant WPP has acquired a majority stake in Qais Consulting, the Singapore-based digital marketing agency, for an undisclosed amount. VML, the digital marketing arm of WPP, will be joined with Qais, which boasts Standard Chartered, the Singapore Ministry of Defence and Sony among its clients. Qais’ revenues for 2010 were S$4m (£2m) with gross [...]
WPP expands in Singapore December 15, 2011 ADVERTISING giant WPP has acquired a majority stake in Qais Consulting, the Singapore-based digital marketing agency, for an undisclosed amount. VML, the digital marketing arm of WPP, will be joined with Qais, which boasts Standard Chartered, the Singapore Ministry of Defence and Sony among its clients. Qais’ revenues for 2010 were S$4m (£2m) with gross [...]
Sorrell: Britain must do more to get WPP back December 6, 2011 BRITAIN has not yet gone far enough to lure WPP back to London, Sir Martin Sorrell told City A.M. yesterday. Chancellor George Osborne has staked a large part of his business-friendly credentials on Sir Martin’s signal that his marketing firm WPP will come home in light of reforms to UK taxes on profits made abroad. [...]