As Ed Miliband hits back at the boss of Boots, should business leaders stay out of politics? February 2, 2015 Alex Singleton, associate director of The Whitehouse Consultancy, says Yes Throwing stones at political parties and their leaders is a dangerous strategy for business. We all have views on which politicians are better for business, and executives might think they are doing the right thing by speaking out. But expressing these views publicly just damages [...]
Putin’s latest aggression is just smoke and mirrors: We must now call his bluff February 1, 2015 When we last left Vladimir Putin at the end of 2014, he was a cornered animal at bay, turning with teeth bared as the forces of the market relentlessly drew closer to him. But ever the creative tactician, the Russian President is seeking to – not for the first time – dramatically change the facts [...]
Untested fringe parties are emerging across Europe – putting business at risk February 1, 2015 The meteoric rise of Greece’s Syriza would have sounded impossible when the party was founded a decade ago. Last week, however, it became Greece’s largest party. All over Europe, voters have responded to continued economic uncertainty by turning away from established parties to new, untested leaders. The desire for hope and a new direction in [...]
Failure to save is socially irresponsible: Only bold policies will fix this crisis February 1, 2015 PEOPLE are not saving enough. We hear that all the time and yet we ignore this uncomfortable truth and carry on with our daily lives. Only half of us have a pension scheme and, even allowing for other savings and investments, most of us have probably not put away enough, especially given the spiralling cost [...]
With P2P lending passing £1bn in 2014, is it a real alternative to traditional financial services? February 1, 2015 Christine Farnish is chair of the Peer-to-Peer Finance Association, says Yes. Alternative finance is growing and the current regulatory and consumer environment in the UK means it is set to grow even further. Last week, the Peer-to-Peer (P2P) Finance Association put out figures showing that, in 2014, our members had lent more than £1.2bn in [...]
Syriza could push the UK out of the EU if Europe embraces its anti-market agenda January 29, 2015 Unsurprisingly, there has already been a rush to judgement on the implications of Syriza’s electoral triumph in Greece. Its victory is fast becoming all things to all people, from those anticipating a clash with Germany and a subsequent Greek euro exit, to the many expecting the party to blink first in negotiations with the EU/IMF/ECB [...]
Why we must end damaging stereotypes and get women back into trading January 29, 2015 When I started work at BP as an oil trader in the 1980s, I joined a team of five female and four male oil traders. This was in the days before Diversity and Inclusion was even invented, let alone taken seriously by many organisations. It was a successful and high performing team doing its job [...]
As Eton and Harrow are judged to be failing by school league tables, are the rankings useless? January 29, 2015 Philip Booth, a professor at Cass Business School, and editorial and programme director at the Institute of Economic Affairs, says Yes League tables were an important innovation when introduced. The information that goes into them should also be freely available, so that parents can make judgements about schools. However, the tables themselves have served their [...]
Analysis: Why has Tesco chosen to shut these 43 stores? January 29, 2015 Tesco has now announced the 43 stores that it plans to close. 18 Express stores, 12 metro stores, seven superstores and six Home Plus stores. The closures will start taking effect from March. What does it tell us about their location strategy when one looks at the stores set to close? It is a [...]
Advertising has an image problem: Apprenticeships will help us boost diversity January 29, 2015 With 98 days to go until the general election, David Cameron has pledged to reduce the annual benefits cap to fund 3m new apprenticeships. Is this what business wants? It is clearly a good thing, economically and socially, to spend less on welfare and to encourage more people into work. To date, however, the creative [...]