Win talk from South Pole team December 12, 2013 PRINCE Harry and his team are due to arrive at the South Pole this afternoon having braved the Antarctic extremes to raise money for Walking With The Wounded. But the push to support ex-servicemen and women doesn’t end there. The charity is calling for City workers to do their bit by signing up to Walking [...]
City Matters: It’s time for financial results to reflect the new face of post-crisis business December 8, 2013 ONE OF the charges that has often been laid against the City in recent years is that it has been too focused on short-term value. Many things have changed as a result of the crash, and one of them has been an increased awareness that the way companies currently report results is not fit for [...]
City Matters: International markets need regulation that transcends national boundaries December 1, 2013 THIS IS an important time for those working in finance on either side of the Atlantic. As the world’s two largest financial centres, it is up to both London and New York to take a leading role in ensuring that the reputation of the financial services industry is rebuilt, as the United Kingdom and the [...]
City Matters: The City and capitalism must adapt to the challenges of a fast-changing world November 24, 2013 IN RECENT years, London’s business community has been forced to face up to a number of challenges to the status quo. The changes the industry has gone through since have been substantial and not always pleasant. But one positive that has come out of this is an increased focus on a more sustainable form of [...]
Any other business – 21/11 November 20, 2013 Airplane meals are not particularly tasty, but it seems a bit excessive to pack a lunch for your flight. When the cleaners of a Jet Airways plane stumbled across two lunch boxes stashed in the toilets they assumed they were bombs. However, on closer inspection the boxes turned out to contain 12 gold bars each. [...]
Cameron will delay the Autumn Statement to lead visit to China November 12, 2013 PRIME Minister David Cameron has announced a major trade visit to China, pushing back the timing of the chancellor’s Autumn Statement. Speaking at the annual Lord Mayor’s banquet last night, Cameron said that he would be leading an official visit to China, accompanied by UK business chiefs early next month. Though he did not confirm [...]
New Lord Mayor a Woolf in women’s clothing November 12, 2013 NEW LORD Mayor of London Fiona Woolf last night made her case for more diversity and inclusion in business as she became only the second woman to take up the post. “There has always been a moral case for diversity and inclusion. But there is also a business case – and now it is a [...]
Government to launch project for investment November 11, 2013 THE government is to launch a new investment project aimed at raising billions of pounds from overseas for British urban regeneration projects. The Regeneration Investment Organisation (RIO) would be a “one stop shop” for foreign investors looking to put their money into UK assets, Sky News reported. RIO, developed by UK Trade and Investment (UKTI), [...]
No rest for City’s new Lord Mayor November 11, 2013 THOUSANDS of supporters braved the rain on Saturday to come out and celebrate the inauguration of the new Lord Mayor of the City of London, Fiona Woolf. As part of the 800-year-old tradition more than 7,000 participants took part in the three-and-a-half-mile procession from Bank to Aldwych and back, accompanied by everything from vintage cars [...]
City Matters: We need to unlock London’s full diversity to tackle its future challenges November 10, 2013 I TOOK my seat in the golden state coach on Saturday, to join the world’s oldest street pageant and be shown to the world as the 686th lord mayor of London. It’s a role that’s over 800 years old, and comes imbued with a huge amount of history. Every lord mayor brings something different to [...]