Poverty of debate is holding us back September 18, 2011 IT is obvious that companies need to work harder to make sure that all their employees deliver the goods. This must apply to everybody, including CEOs, who are hired by shareholders to maximise their value. They should be paid a lot if they do well and fired without massive payoffs if they fail. It should [...]
Former CEO of the Rock mulls a bid August 3, 2011 NBNK Investments is eyeing a bid for Northern Rock, City A.M. has learned. The investment vehicle headed by Lord Levene had been ruled out of the running because it was forbidden from making a bid for the Rock for a period of 12 months after poaching its former chief executive Gary Hoffman last year. However, [...]
Former CEO of the Rock mulls a bid August 3, 2011 NBNK Investments is eyeing a bid for Northern Rock, City A.M. has learned. The investment vehicle headed by Lord Levene had been ruled out of the running because it was forbidden from making a bid for the Rock for a period of 12 months after poaching its former chief executive Gary Hoffman last year. However, [...]
WHAT THE OTHER PAPERS SAY THIS MORNING September 4, 2011 FINANCIAL TIMES BERLIN PREPARES TO TAKE EADS STAKE The German government is preparing to take a stake in European aerospace company EADS after no buyers for part of Daimler’s holding came forward. Berlin has been seeking buyers for the 7.5 per cent stake – a third of the holding controlled by the carmaker – since [...]
All three parties are failing UK business: Digby Jones lays out his policy challenge October 9, 2011 NOW that all the nonsense of party conference season is over, as Westminster heads back to work and the rest of us continue to try and earn an honest living, what did we hear from the mouths of our political masters? Did any of the three main parties show the UK business community that they [...]
All three parties are failing UK business: Digby Jones lays out his policy challenge October 9, 2011 NOW that all the nonsense of party conference season is over, as Westminster heads back to work and the rest of us continue to try and earn an honest living, what did we hear from the mouths of our political masters? Did any of the three main parties show the UK business community that they [...]
Tax benefits on equity would help SMEs thrive August 7, 2011 MARKET sentiment turned dramatically for the worse last week as political worries and disquieting economic data on both sides of the Atlantic outweighed relief at the threat of a US debt default being narrowly averted. Amid concerns deficit reduction plans will hit global growth prospects, UK politicians have focused on how the financial services sector [...]
King: we were right to hold rates June 15, 2011 THE Bank of England could have stopped inflation rising above target but chose to prioritise economic output by keeping rates at their historic low, governor Sir Mervyn King told the City last night. Raising interest rates “would have meant a weaker recovery, or even further falls in output, despite our having experienced the worst downturn [...]
Margaret Beckett named as president of No 2 AV campaign November 25, 2010 MARGARET Beckett, the former Labour foreign secretary, will today be named as the president of the “No to AV” campaign, which aims to secure a “No” vote in next May’s referendum on the alternative vote. The decision to appoint a Labour stalwart – Beckett was party leader for a short spell in 1994– will be [...]
RADIO SILENCE BY SKY BOSS ON MURDOCH BID May 11, 2011 INNOVATION was the theme for BSkyB chief executive Jeremy Darroch at the Institute of Directors’ convention yesterday, where fellow speakers included McDonald’s chief executive Jill McDonald, chancellor George Osborne and shadow chancellor Ed Balls. “The most successful businesses are those that constantly seek to adapt and renew themselves,” said Darroch, as he charted the broadcaster’s [...]