The US economic recovery is gathering momentum. January’s impressive labour market report showed that the US is in the midst of a long, sustainable upswing that could surpass any other business cycle in the post-1945 era.
It is perhaps the starkest example of the unintended consequences of regulatory reform that it is now so difficult to open a bank account at any UK financial institution, particularly for foreign investors.
The Chancellor and mayor of London set out a long-term economic plan for the capital last week, challenging London’s transport authority and business community to make the case for much-needed infrastructure investment ahead of the next spending r
HSBC’s Swiss tax row is a sideshow. It might not feel like that to bosses – chairman Douglas Flint is facing MPs in parliament tomorrow, and chief exec Stuart Gulliver agreed he feels “shame” over the affair.
There is nothing so dangerous in foreign affairs as being half right. All along, this has been the primary reason I have been far more sceptical about a happy ending to the present euro crisis than conventional wisdom allows for.
Angel investor and entrepreneur Sherry Coutu CBE recently said that “competitive advantage doesn’t go to the nations that focus on creating companies, it goes to nations that focus on scaling companies.”
WHO owns the future? With the Eurozone apparently powerless before the once unthinkable prospect of a Greek exit, and with Ed Miliband’s Labour trying to drag British politics back to the 1970s, optimism seems to be as weak as winter sunshine.
Never before has tax avoidance – legally arranging your affairs to lower your tax liability, as distinct from the illegal practice of tax evasion – been used as a political weapon in such a high profile way.
AN OBSERVER coming to study “Europe” with fresh eyes and an open mind might well conclude that there is only one game in town: the ongoing negotiations between Athens, Brussels and Berlin over the Greek bailout.
The London Stock Exchange (LSE) is celebrating the fifth anniversary of its Order Book for Retail Bonds (ORB) today. The trading platform enables retail investors to buy and sell corporate bond issues.