It’s the season to be jolly, and the capital’s workers are flocking to celebrity-packed carol services, helping to swell the coffers of deserving charities.
Yesterday, the Bank of England’s Monetary Policy Committee (MPC) announced a wide-ranging package of reforms to its meetings, processes and communications. The objective is sound – to enhance accountability and transparency.
Chris Leslie, shadow chief secretary to the Treasury, says Yes.
John Griffith-Jones, the chair­man of the FCA, said last night that the regulator’s botched briefing to one media organ­isation, which went disastrously wrong and resulted in causing mayhem on the stock market last March, was well-intended.
The Financial Conduct Authority (FCA) has had a tough week.
The mayor of London and potential future Conservative leader and Prime Minister, Boris Johnson, has joined the army of voices against America’s controversial global tax law, the Foreign Account Tax Compliance Act (FATCA).
The Japanese proverb “nanakorobi yaoki” roughly translates as: fall over seven times and stand up eight. It urges perseverance, and may be some comfort for Japanese Prime Minister Shinzo Abe ahead of this Sunday’s election.
Adam Memon, head of economic research at the Centre for Policy Studies, says Yes.
By the time the last of the chocolates have been foraged from the Advent Calendar, or thereabouts, WPP, the giant advertising group run by Sir Martin Sorrell, will very likely have chosen a new chair for the company’s board.
Budget supermarkets, and specifically Aldi and Lidl, have taken the British high street by storm, with consumers warmly embracing the German retailers’ “low price but high quality” message.
The AIM market, the London Stock Exchange’s junior market, has been subjected to an unprecedented level of criticism over recent weeks.
ISLINGTON Council has just declared war on overseas investors. It has even coined a catchy little phrase, “buy-to-leave” investors, citing them as the cause of new homes standing empty.
VERY strange things have been happening in government bond markets. The yield on 10-year US government bonds is currently around 2.25 per cent.
Lord Wood of Anfield, a shadow cabinet minister and adviser to Ed Miliband, says Yes. The OECD report confirms that inequality is not just a social problem, but a serious economic problem.
IT’LL be a busy week for the Financial Conduct Authority (FCA). Yesterday, the regulator announced a new strategic approach for the organisation, with key personnel changes and a “sharper focus” on the challenges ahead.
BRITAIN has just celebrated “Small Business Saturday”. Perhaps yesterday should have been declared “Multinational Monday”.
ALEX Salmond just won’t go away.
Rob Wood, chief UK economist at Berenberg Bank, says Yes. Some households will be poorly prepared for a rise in rates, but this is a question of magnitude.
Let's call it the drunken gambler’s theorem. It’s the reason casinos in Las Vegas stay in business, no matter what the economy does.
As Labour, we believe that the prospect of Britain leaving the EU poses the biggest risk to British national prosperity in a generation. That is why Labour will continue to make the case for reform in Europe, not exit from Europe.
It may not be as exciting as an iPad or as romantic as jewellery, but George Osborne’s Autumn Statement last week was in many ways business’s equivalent of Christmas, with rewards for some – and coal for others.
Toby Perkins is shadow business minister, says Yes.
The nights may be drawing in, but this time of year is still about hope shining in darkness. The latest Autumn Statement seemed the other way around: thick with uncomfortable truths beneath Osborne’s despatch-box bravado.
LARGELY missing from the debate surrounding the Autumn Statement was a discussion of exports and the UK’s trade picture more generally.
MIDNIGHT, 3 December 2014 is a date to celebrate for UK home buyers. Anyone purchasing a property worth less than £937,500 is now paying less tax.
COINCIDING with a celebrity-laden advertising campaign to boost awareness, the Financial Services Compensation Scheme (FSCS) marked its thirteenth birthday this week.
Azad Zangana, European economist at Schroders, says Yes. The 2015 outlook for the Eurozone is precarious. Governments are continuing with austerity, while business surveys suggest a downturn is on the horizon.
George Osborne is the consummate tactician. With 153 days to go to the election, there’s only one thing on his mind, and that’s how to breeze past opposition parties on the journey back to Downing Street. And who can blame him?
I said that I would eliminate the budget deficit in this Parliament. I have failed to do so. It’s actually going to take me about 10 years rather than five.
The chancellor issued his election manifesto yesterday, in the form of the Autumn Statement. And the good news for him is that the economic narrative is strong.
DESPITE higher short-term borrowing, the chancellor presented an Autumn Statement in which the deficit is back on track over the medium term and a surplus is achieved by the end of the next Parliament.
Rory Meakin, research fellow at the TaxPayers’ Alliance, says Yes. Finally! Yesterday, the chancellor at last ditched the awful “slab” rate structure for stamp duty on homes.
THE LATEST YouGov / Cebr Consumer Confidence Index figures have rallied slightly, but there are warning signs ahead for the economy in the next few months.
George Osborne has made his name with a commitment to fiscal prudence, backed up by tough cuts to public services.
THE RIOTS in Ferguson, Missouri continue to dominate headlines around the world. Even the brutal dictatorship of North Korea has got in on the act, accusing the United States of being a “human rights tundra”.
I FIRST joined Gordon Brown, who has just announced he is standing down as an MP at the next election, back in 1989.
Ben Cohen, an insurance analyst at Canaccord Genuity, says Yes.
I CAN imagine ministers’ horror when they read front-page stories earlier this autumn that the UK could suffer blackouts this winter.
ONE HUNDRED and fifty five. That’s the really significant number for those following tomorrow’s Autumn Statement. It’s nothing to do with how much the UK government is borrowing. In fact, it’s the number of days until the general election.
THIS has been a momentous year for UK-China relations and the development of London as a key centre for trading in the Chinese currency, the renminbi (RMB), outside China.
Vince Cable, secretary of state for business, innovation, and skills, says Yes.
“Paranoia is knowing all the facts.” – Woody Allen
In my first official engagement as lord mayor outside the M25, visits to Liverpool and Manchester were ideal places to kick-start my programme for the year.
Today is Cyber Monday, the busiest online shopping day in the retail calendar, as consumers continue to cash in on Black Friday discounts and get their Christmas orders in.
Alisdair McIntosh is director of Business for New Europe, says Yes.
This week, one American seas­onal tradition is on everyone’s lips: Black Friday. Today is the day when US retailers kick off the pre-Christmas rush with a slew of discounts, and their finances are said to move back into the black as a result.
THE AGREED conclusion of the Smith Commission into further devolution for Scotland is excellent news – real power to tax and spend, including responsibility over income tax rates and bands, is now set to be wielded by the Scottish Parliament.
HOW CAN HMRC be expected to administer Britain’s chaotic tax system if politicians keep passing so much legislation?
BRITAIN has long regarded itself as having a certain entrepreneurial flair that sets it apart from its continental cousins. And now it’s official.
Philip Booth, professor of insurance and risk management at Cass, and editorial and programme director at the Institute of Economic Affairs, says Yes.