Country Living: Architect Gareth Hoskins brings modernism to the Lomond Hills February 25, 2016 The Duncan House was designed by the architect Gareth Hoskins OBE in 2002, located within the historic walls of a former fruit garden at the foot of the picturesque Lomond Hills, sixteen miles from St Andrews, in Fife. Full-height windows across much of the house give wonderful views across the surrounding landscaped gardens and make [...]
Electoral Commission data: Where did political parties including the Conservatives, Labour, the Liberal Democrats, the SNP and Ukip get their money at the end of 2015? February 25, 2016 Political parties had many expenses in 2015, from the General Election to the Labour leadership race and the campaigns for Mayor of London kicking off. Across the year, some £67.1m was donated to political parties, with £9.2m of that donated in the last quarter alone. Read more: Here's how much money donors have given to political parties [...]
EU referendum: Scotland’s only Ukip MEP David Coburn wants to leave the EU because his toaster is “powered by some kind of EU windmill” February 25, 2016 As debates rumble on over the EU referendum, strong arguments are being made for why we should leave or remain – but one Ukip MEP has come up with arguably the most persuasive so far. David Coburn, Ukip Scotland's only elected MEP said he wants the UK to leave the EU because his toaster is rubbish. [...]
Canaccord Genuity puts entire London fixed income team on redundancy notice as part of a wide job cuts programme February 25, 2016 NULL
Former Conservative councillor faces a trial over “offensive” tweet about Sadiq Khan February 25, 2016 A former Conservative councillor will be standing trial next month, accused of posting an "offensive" tweet about Labour's London mayoral candidate Sadiq Khan. Jim Buckley, 60, will face trial after sending the tweet about Khan, which said: "Your next London Mayor? You think his corner shop would be open on a Saturday?" Buckley's local Conservative party [...]
City firms commence training for this year’s Diamond Relay race at the Olympic Park stadium February 25, 2016 The first 100 corporate teams have already signed up for this year's Diamond relay race this summer. The gruelling 5x5km dash, taking place at the Olympic Park stadium, will pit accountants, analysts, bankers, insurers, lawyers and pretty much everyone else in the Square Mile against each other this July. Last year 230 corporate running teams took part in [...]
As regulation and legal red tape increases, are professionals in the city and financial services becoming the scapegoats? February 25, 2016 Since the 2008 financial crisis, banks and other City organisations have faced a more intense glare from the spotlight of regulators. Record penalties have been handed out, such as the $5.6bn in fines imposed on some of the most well-known global banks in relation to foreign exchange manipulation early last year. Some banks have reacted to this increased [...]
Centralbankism encounters strong resistance. Why in the light of lacklustre results the faith in central banks is fading away February 25, 2016 The great monetary experiment, as Brendan Brown calls the Fed’s quantitative easing (QE) programme, is under only minimal intellectual pressure in the US, despite modest results. The upswing in the US economy seems robust, in stark contrast with the poor performance of its European disciple the ECB. The Public Sector Purchase Programme (PSPP) as its first [...]
Treasury Select Committee doubles down on concerns over Treasury sale of Northern Rock mortgages to US private equity firm Cerberus Capital February 25, 2016 An influential group of MPs have raised red flags over the sale of £13bn of former Northern Rock mortgages to a US private equity firm, saying the deal may not have delivered good value for taxpayers. In a letter today to Sir Amyas Morse, comptroller and auditor general at the National Audit Office (NAO), Andrew Tyrie, the [...]
S&P: Russian economy is heading for a second year of recession in 2016 February 25, 2016 Credit ratings agency Standard & Poor's has warned that the Russian economy is on course for a second year of recession, as commodity prices continue to career lower. S&P predicts that the Russian economy will shrink by 1.3 per cent in 2016, as opposed to the 0.3 per cent growth it had previously forecast. It also [...]