It’s time for radical solutions to address London’s housing crisis December 17, 2015 As MP since 2001 for the most central London constituency, I cannot recall a time when housing issues have not dominated my postbag. No surprise, perhaps, when UK buyers compete for a limited supply of homes with a global citizenry seeking its own slice of prime London. But I have also witnessed how the polarisation [...]
How to dramatically reduce the flow of refugees to Europe – at a minimal cost December 17, 2015 It's now very clear there is no way that Europe is able to accommodate the huge numbers of refugees attempting to enter. Let’s be realistic: most people are fleeing not because they want freedom and democracy, but to ensure the safety and future of themselves and their families. The only way to deal with the [...]
Forward guidance was not the appropriate policy for the Fed – but Janet Yellen pulled it off December 17, 2015 Over the last few months, Fed chair Janet Yellen has led a train of Federal System governors in guiding financial market expectations towards an interest rate “lift-off” at the central bank’s December meeting. This week, more than six years into an economic recovery, it finally happened – but how successful has forward guidance been? [...]
Q: As Jean-Claude Juncker says the EU wants a fair deal for Britain, does it have more to lose from Brexit than the UK does? December 17, 2015 Daniel Hannan is a Conservative MEP for South East England. He blogs at www.hannan.co.uk, says Yes David Cameron began by promising to opt out of social policy and employment law, disapply the EU’s Charter of Fundamental Rights, repatriate control of criminal justice, and curb the power of the European Court. All such talk has been [...]
The great liquidity squeeze: How to get SMEs to market December 17, 2015 Asset Match’s Stuart Lucas explains why investors must put pressure on firms when it comes to exit plans. Investors in private businesses – whether they are angels, high net worth individuals, institutions or even sophisticated retail investors – are always, ultimately, looking towards the potential payout that an exit (traditionally an IPO or trade [...]
FTSE rallies on expectations of a US rate rise – London Report December 17, 2015 RISES in Dixons Carphone and Pearson pulled the markets up for a second session in a row, ahead of a 25 basis point rise in US interest rates. The blue-chip FTSE 100 index was up 43.40 points, or 0.7 per cent at 6,061.19 points by the close, outperforming the broader European market. The gains were [...]
Best of the Brokers for 17 December 2015 December 17, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com BWIN.PARTY Citi analysts have upgraded Bwin.party to “buy” from “sell”, arguing that GVC Holdings’ reverse take-over of the betting company should drive multiple upsides, including €125m (£91m) in cost savings and a broader spread of geographic, regulatory and product risk. It has also [...]
Why everything you think you know about diversity is wrong December 17, 2015 Since TED launched 25 years ago, over 1bn people have listened to their talks and behavioural science has become mainstream. Blink, Influence, Slow, Nudge, Quiet, Switch, Drive, and even some books with more than one syllable titles have become international bestsellers. We’re all psychologists now. Except in the boardroom. What corporate bosses might have gleaned [...]
Bosses can benefit from the element of surprise December 17, 2015 The element of surprise is considered an asset in negotiations. In a scenario where both parties are trying to discern what the other is willing to accept, the unexpected can destabilise the other side and rush them into accepting a suboptimal offer. But what about other areas of business? As Heat Advertising’s Scott Redick [...]
City Moves for 17 December 2015 | Who’s switching jobs December 16, 2015 L&G Legal & General Investment Management (LGIM) Real Assets has announced the appointment of Tony Doherty as head of product development in its business development team. Tony takes over from Dan Batterton who has moved into the new role of build-to-rent fund manager . Prior to joining LGIM Real Assets, Tony spent 15 years at [...]