India’s long journey towards reform holds lessons for the City’s future October 7, 2012 LOOKING back at Europe from New Delhi – and the City delegation’s business visit to India – it is clear that reform tops the agenda in both places. Whether it is Vickers, Liikanen or Singh, the detailed reasons behind reform may be different. But the desired overall outcome is the same: to create stable jobs [...]
Gifford named as the new lord of the Mansion October 1, 2012 IT was all change in the City yesterday as Alderman Roger Gifford was elected as the 685th Lord Mayor of the City of London. Gifford got his shout out, quite literally, as tradition dictates eligible Sheriffs are paraded in front of the liverymen at the Guildhall before being voted in by the archaic tradition of [...]
The City should put its financial expertise at the service of infrastructure September 23, 2012 INFRASTRUCTURE hit the headlines once again last week, as the Confederation of British Industry urged quicker progress on delivering major transport and energy projects. This is a contentious subject, and calls to fast-track spending in this area are nothing new. In fact, the government has already taken steps to underwrite up to £40bn of investment, [...]
The City should put its financial expertise at the service of infrastructure September 23, 2012 INFRASTRUCTURE hit the headlines once again last week, as the Confederation of British Industry urged quicker progress on delivering major transport and energy projects. This is a contentious subject, and calls to fast-track spending in this area are nothing new. In fact, the government has already taken steps to underwrite up to £40bn of investment, [...]
Ladies’ investment club plans an evening of advice and inspiration September 17, 2012 ASPIRING female entrepreneurs take note. Tomorrow night the No.1 Ladies’ Investment Club will hold its fifth annual networking event, focusing on the “Power of the Purse” – womens’ relationship with money and how to maximise investment success. Gina Miller established the Investment Club in 2009 to offer access to financial education for aspiring female investors, [...]
City beacons of charity sought by JP Morgan September 12, 2012 DO YOU know someone in the City whose charitable work deserves recognition? JP Morgan Private Bank has announced its sponsorship of the eighth biennial Beacon Awards for Philanthropy. The Capitalist’s eye was particularly caught by the category sponsored by the City of London Corporation especially to honour the City’s unsung philanthropes. Nominees for this award [...]
The City is poised to take advantage of Chinese currency liberalisation September 9, 2012 OFFSHORE renminbi (RMB) – or dim sum bonds, as they have affectionately come to be known in the West – have more in common with their culinary counterparts than meets the eye. Traditionally enjoyed at yum cha – the Chinese equivalent of afternoon tea – by farmers after a hard day’s work, dim sum have [...]
Coalition 2.0 September 4, 2012 PM reshuffles cabinet but no shift in key policies Change at Transport, NHS, Culture and Justice Boris attacks Cameron over Heathrow expansion DAVID Cameron last night put the finishing touches to his first ministerial reshuffle, with sweeping changes to the lower ranks but with most top cabinet members remaining in place. Despite changing dozens of positions [...]
How UK business can match Team GB’s performance August 19, 2012 A WEEK since the Olympics closed, some commentators are already talking post-Games blues. But this is our honeymoon period, our chance to capitalise on a successful fortnight of the UK at its best. We’ve witnessed an amazing journey. An east London wasteland has been transformed – 1.5m cubic metres of contaminated soil was painstakingly cleaned, [...]
The financial sector is vital to unlocking Britain’s potential for growth August 19, 2012 AFTER an incredible couple of weeks for the UK, the first leg of London 2012 has drawn to a close. It has shown the very best of Britain, with athletes from over 200 countries coming to demonstrate their excellence. Team GB excelled, just as Britain excels in business. There’s an old joke that the British [...]