Why London must retain its lead as the world’s number one retail destination July 16, 2015 One thing underpins Britain’s economic recovery more than anything else: the resilience and potential of London’s economy. While the capital’s financial sector was first to feel the pain nearly a decade ago, London has also led the UK’s economic fightback – attracting global investment, growing employment and pushing up living standards. We are the world’s [...]
Bankers in big drive for charity July 14, 2015 Financiers from JP Morgan, Standard Chartered, CME Group and BBVA go head-to-head today in what must be the cushiest charity event of the year; a round of golf in Buckinghamshire. The Financial Markets Association is holding an all-day tournament for children’s charity Variety Club’s bus and coach appeal. Let’s hope they putt in lots of [...]
BBC charter review panel: Meet the eight people deciding the broadcaster’s future July 12, 2015 The government has selected a panel of independent advisors to lead a review of the BBC's royal charter, which will shape the future of the public broadcaster. An eight-person team of media professionals and experts, with backgrounds in broadcasting, production, technology and media regulation, have been chosen by the culture secretary John Whittingdale to conduct [...]
HSBC cleans up at Standard Chartered Great City Race despite Tube strike grumbles July 9, 2015 Bankers braved the heat in Old Street yesterday competing in the annual Standard Chartered Great City Race, raising funds for sight charity Seeing is Believing. Just under 5,000 runners from 350 City firms took part in the 5km run around the Square Mile. Not content with winning at Wednesday’s Corporate Challenge with JP Morgan, HSBC’s [...]
July Budget 2015: George Osborne pledges lowest corporation tax in G20 but new bank tax hits UK small lenders July 8, 2015 Chancellor pledges lowest corporation tax in the G20 – but casts punitive net over the UK’s small lenders Chancellor George Osborne ushered in a new tax regime for British banks yesterday, dialling down the controversial bank levy while introducing a new corporation tax surcharge for the entire lending industry. In a summer Budget that the [...]
July Budget 2015: George Osborne embraced political cunning at the expense of economic prudence July 8, 2015 On the one hand, this was the first fully Conservative Budget in nearly two decades. On the other hand, it is effectively George Osborne’s third Budget in just eight months. He has become a master magician at the politics of presentation. Almost every sentence was crafted to confound and confuse the Labour opposition or to [...]
Summer Budget 2015: Barclays, HSBC, RBS share prices rise as Osborne reveals levy will be ditched July 8, 2015 Banks share prices lifted this afternoon as George Obsorne confirmed the levy would be phased out over the next six years. In a move widely seen as looking to sway HSBC, Standard Chartered et al from leaving the UK, Osborne's first all-Tory Budget confirmed that the levy would be cut gradually until 2022. Instead [...]
City offices put off jobseekers July 6, 2015 Businesses may be losing out on picky employees as a new survey reveals that almost half of Londoners hate the office they work in. The survey, conducted by the Royal Institution of Chartered Surveyors (RICS), reveals that 48 per cent of London workers have issues with their desk space, while major office bug-bears include faulty [...]
Are you coming to the stan chart run? July 6, 2015 NEED some inspiration to get fit? Why not come along and support your fellow City workers at the Standard Chartered Great City Run on Thursday? The 5k slog will see financiers start off on City Road, racing in aid of blindness charity Seeing is Believing.
Apprentice star courted success with date club July 2, 2015 THE ELITE and discreet London Dinner Club is launching an exclusive matchmaking service for its long guest list of chief executives, managers and bankers – and former Apprentice contestant Sarah Dales has already found herself successful. Dales, who Apprentice lovers will remember left the show when Sir Alan Sugar fired three contestants at once to speed [...]