London Report: Healthy economic data due as the UK’s growth continues June 16, 2014 ONGOING growth is expected to be reflected in healthy economic data out this week, showing strength in public finances, consumer price inflation, retail sales and manufacturing. Howard Archer of IHS Global Insight said: “Consumer price inflation is expected to have edged back down to 1.7 per cent in May as some transport prices ease back [...]
Wall St The Week Ahead: Defence stocks gain attention June 16, 2014 WITH the possibility of escalating violence in Iraq, stocks in the defence sector could garner more attention this week. The stock market and oil prices were rattled late last week after violence in the nation escalated as a Sunni insurgency against the government heats up. A continued escalation of the conflict could result in a [...]
Three rules the West must remember when responding to the crisis in Iraq June 16, 2014 Like everyone in Washington who worked on Iraq for the past decade and hoped the nightmare had ended, my immediate reaction to the stunning recent reports was simple: “Oh my God, no.” For the news is as bad as it could be. A small, but hardened fighting force of 800 members of the Islamic State [...]
City Matters: How London is leading the way as a European centre for renminbi trade June 16, 2014 LONDON’S goal of becoming the leading Western offshore renminbi centre is expected to take a significant step forward this week, when a Chinese clearing bank is appointed in London. As the chancellor noted in his recent Mansion House speech, the capital has held a strong and growing position in renminbi trading since the City of [...]
Talent is increasingly mobile – let’s not kill it with tighter controls June 16, 2014 THE NUMBER of professionals currently working abroad or interested in relocating overseas now stands at an estimated 235m – almost 8 per cent of the number of people in work globally. Over the past five years, companies have diversified outside of their home markets for survival, and many now derive more revenue from overseas operations [...]
Letters to the Editor – 16/06 – Stuck in the past, Best of Twitter June 16, 2014 Stuck in the past [Re: As Obama says all options are open in Iraq, is Western intervention now necessary? Friday] Britain seems reluctant to advocate intervention because of its recent history. But it’s potentially dangerous to see this current crisis through the lens of the 2003 war. Many are using outdated reference points. For example, [...]
Raw ambition: Meet Yo! Sushi founder and ex-Dragon Simon Woodroffe June 16, 2014 Harriet Green talks Yo! Sushi and embracing disaster with ex-Dragon Simon Woodroffe For one of Britain’s most ebullient entrepreneurs, Simon Woodroffe is modest about his first steps into business. “The initial motivation was desperation”, he says. The founder of Yo! Sushi, Yo! and former BBC Dragon says that he “started a restaurant in a world [...]
It’s easier than ever to start out as an angel investor – and there’s more to it than money June 16, 2014 IN THE bad old days – when Britain was clearly divided between haves and have-nots – it was easy for the average Marxist to distinguish between the capitalists and the rest of us. However, with shareholdings, private pensions and crowdfunding, things have got a little complicated for those who want to bring down the “owners”. [...]
Gimme 5 June 16, 2014 …STARTUPS CROWDFUNDING THIS MONTH Chilango Target: £1,000,000 for 8 per cent equity A London chain of seven fast-service Mexican restaurants serving award-winning food. Offers the “Burrito Bond”, a mini-bond paying investors 8 per cent. Raised: £430,500 via CrowdCube 57 days left Odyssey Target: £1,000,000 for 5 per cent equity A new business class airline venture [...]
Full service: The & Partnership boss Johnny Hornby on changes in marketing June 16, 2014 Liam Ward-Proud talks to Johnny Hornby, chief executive of The & Partnership It's easy to forget that media buyers and creative agencies haven’t long existed as separate entities. As late as the 1980s, the archetypal agency was “full service”, overseeing all aspects of a campaign. Johnny Hornby, chief executive and founding partner of new agency [...]
