KICK-STARTING STARTUPS AND THE ECONOMY February 26, 2012 RISING youth unemployment and the threat this poses to the economy is obviously looming large in the minds of politicians and business leaders. Hot on the heels of initiatives for paid internships, the government is now offering cash rewards for companies which take on an unemployed young person under the age of twenty-four. The reasons [...]
Possibilities for new companies abound even in troubled times February 26, 2012 TIMES are undeniably tough for many people in the UK, with living standards daily eroded as we pay the price for the malinvestments of our credit-fuelled boom. However, as bad as things are, hope springs eternal in the minds of British entrepreneurs – as it must. Although Investec’s recent Entrepreneur Confidence Index reveals that only [...]
FTSE inches upwards as US figures propel commodities February 23, 2012 BRITAIN’S top shares rose yesterday as investors welcomed robust corporate earnings newsflow, with Royal Bank of Scotland spearheading an advance in banking stocks after the lender unveiled in-line full-year results. The UK benchmark closed up 21.34 points, or 0.4 per cent, at 5,937.89. RBS, up 5.1 per cent, was the second-top blue-chip riser, recovering after [...]
Wall Street nears pre-Lehman highs February 23, 2012 WALL Street stocks rose yesterday after data showed the US labour market remained on the mend, but the market stalled as it approached highs not seen since before the 2008 collapse of Lehman Brothers. In an upbeat note for the economy, new US claims for unemployment benefits held steady last week and were at the [...]
US stocks slide on doubts over credit February 22, 2012 BANKS led US stocks lower yesterday as the S&P 500 stalled near a 10-month high after signs of weak European business activity rekindled concerns about a recession overseas. US banks were the S&P 500’s worst performing sector. Investors feared that weak Eurozone growth would hamper countries dealing with heavy debt loads and the banks exposed [...]
FTSE down as investors look again at weak Eurozone data February 22, 2012 BRITAIN’S leading share index edged lower yesterday as investors refocused on fundamentals, specifically weaker-than-expected Eurozone data, with the Greek debt restructuring theatricals out of the way for now. Recession concerns increased after data showed the Eurozone’s service sector unexpectedly shrank in February, with Europe being Britain’s main market for its goods. “The FTSE ends the [...]
The skills you need for the hottest sectors in the City February 22, 2012 ACCOUNTING & FINANCE COLIN WEBSTER, BRUIN MARKET conditions mean that current opportunities are much more heavily weighted towards asset management firms than investment banks. There is continued demand in financial planning and analysis and in the minority interest arenas for candidates at a range of levels. In general we’re seeing a shift to business partner [...]
JOBS of the WEEK February 22, 2012 C++ developer/architect, Linux, market making organization £100k-£200k pa + c.£300k total compensation for the right person This world beating market maker is looking for a strong and enthusiastic C++ on Unix based technologist. http://www.cityamcareers.com/job/5354 Product development manager in FX and equities £150k-£250k + attractive A job for an experienced and high calibre individual to manage [...]
EMBAs provide real value for employers February 22, 2012 But fewer companies now sponsor their employees’ degree FOR MANY executives, one of the greatest attractions in pursuing an executive MBA (EMBA) degree is the return on investment (ROI) they can guarantee themselves upon graduation. EMBA alumni speak of salary increases, career advancement and promotion even before they have completed the prestigious business school course. [...]
How to get your firm to pay for your EMBA February 22, 2012 ALTHOUGH executive MBAs can offer tangible benefits to both employees and employers, they also impose large upfront costs. A course at Kellogg/Hong Kong UST Business School, the world’s leading programme, is highly-priced at $143,300 (£91,300). The London Business School (LBS) charges a more conservative £58,900. Many students ask their employers to meet this burden. But [...]
