Greek voters will support the creditors – and Syriza will fall July 1, 2015 Monaco – Being away from the din of daily life has its advantages. Presently, I’m at the wonderful Fund Forum International Conference in Monaco, having designed several war games to play with the attendees, which illuminate how geopolitics can impact investment decisions. Beyond enjoying new and insightful company, a startling clarity – achieved only by [...]
Is delivering a third runway at Heathrow even feasible? July 1, 2015 John Longworth is director general of the British Chambers of Commerce, says Yes The Commission has provided a clear conclusion that Heathrow is best-placed to provide the type of capacity crucial for the UK’s long-term prosperity. It has laid out evidence on all the potential impacts for a new runway, including a clear cost plan [...]
Why it’s public sector productivity George Osborne should worry about June 30, 2015 Improving the UK’s lagging productivity record is a hot topic among economists and politicians at the moment. Next week, the chancellor is likely to produce a productivity plan alongside his Summer Budget, which is set to find additional savings and enshrine budget surpluses into law, all without raising the rates of income tax, national insurance [...]
Child poverty is thankfully not rising – but the archaic definition needs to go June 30, 2015 David Cameron is feeling the heat. This is not just a consequence of the sudden dramatic rise in London temperatures. The need to extract something meaningful from our EU partners and the increased threat of terrorist attacks are sleep-depriving problems. But the Prime Minister did have one good result during the past week. Despite widespread [...]
Is the business secretary right to criticise the CBI for backing EU membership even without reform? June 30, 2015 Mark Wallace is executive editor of ConservativeHome, says Yes I doubt that any of the CBI’s members would ever go into a contract negotiation in the way that the organisation has approached the EU renegotiation. If your opening message is that you will sign on the dotted line regardless of the quality of the offer, [...]
Tsipras’s costly referendum gamble may harm more than just the Greeks June 29, 2015 Given the stunning events of the weekend, it’s easy to forget that, just ten days ago, the creditors and Greece were both making positive statements about progress towards a solution to the Greek bailout crisis. Who could have forecast that we would suddenly find ourselves with a breakdown in the talks and a referendum called [...]
Think 45p taxpayers have it hard? The tax system crushes incentives at all levels June 29, 2015 Ahead of next week’s Budget, two former chancellors and 160 Tory MPs are calling for the 45 per cent income tax rate to be reduced to 40 per cent. But for all the political capital devoted to explaining the disincentive effects of a 45 per cent rate, the reality is that many people across the [...]
Forget chauvinism: It’s good to be a woman in business June 29, 2015 Almost every week, another story portrays the City as a bastion of chauvinism, where women are underpaid and undervalued, dominated by macho males and discriminated against. In almost 20 years, I have never seen this happen. I have never been overlooked for a job, promotion or pay rise because I was a woman. My salary [...]
As it teeters on the brink of financial collapse, would Greek default spell disaster for markets? June 29, 2015 Kathleen Brooks, research director at Gain Capital, says Yes Greece might not be the be-all and end-all for markets in the short term, but in the long term, the events of the last few days could sow the seeds for the next major financial crisis. Our concern is that if another, larger Eurozone member gets [...]
Streaming is believing: The race for streaming supremacy is on June 29, 2015 Don’t we just love a media-fuelled battle for supremacy, the winner in the ‘big race’, Goliaths all lining up for the 100 metre Dad’s dash? The truth is, in the mega-subscriber streaming market the gun went off years ago. The battle for streaming kingship is, as they say, a marathon not a sprint and [...]