New York Report: Firms proving homegrown revenues rule May 11, 2014 US STOCK investors are finding the value of staying close to home. Even as the US economy barely grew in early 2014, companies with a domestic orientation have on balance delivered better first-quarter sales and profit growth than their globally oriented peers. RBC Capital Markets found that sales growth among companies with a high percentage [...]
The Asian powderkeg could blow the world back into a 1914-style disaster May 11, 2014 IT IS well that we contemplate the abyss, if only to avoid it. This year we particularly remember the ghastly disaster of 100 years ago, when an almost unfathomable complacency shared by the European elite threw a generation into the fire of the First World War, almost as an afterthought. A century on from the [...]
City Matters: The EU financial transaction tax will hurt the prudent – not the reckless May 11, 2014 THE IMPORTANT debate between the City and 11 EU governments on whether or not to introduce a tax on derivatives and shares continued last week. Both sides have scored victories, but now a more conciliatory tone is emerging, and this should be welcomed. With the European Court of Justice rejecting a pre-emptive challenge to this [...]
Radically decentralising power to town halls may pay UK growth dividend May 11, 2014 NO MAJOR UK political party is interested in a radical decentralisation of power. The Conservatives, in particular, are scarred by their experiences of “loony-left” councils in the 1980s, and we certainly don’t want to go back to those days. The big flaw in the local government system then, however, was the disconnect between the franchise [...]
Letters to the Editor – 12/05 – Astrazeneca board, City jobs, Best of Twitter May 11, 2014 Astrazeneca board [Re: Why the government doesn’t need to protect Astrazeneca, Friday] A sound and balanced piece by Roger Barker. I am somewhat impressed by the integrity shown by the Astrazeneca board so far in this bid. I sense that they have real belief in their strategy now that they are seeing evidence of recovery [...]
Driving change May 11, 2014 Annabel Palmer talks to Engine Group’s UK CEO Debbie Klein UNDER Debbie Klein’s leadership in the mid-2000s, WCRS became a Top 10 Advertising Agency for the first time in its 30-year history. Later, as UK-joint chief executive, Klein doubled revenue at the Engine Group (the UK’s largest independent communications company). Today, she is steering that [...]
Context is crucial: Why marketers may be about to crack mobile May 11, 2014 @LiamWardProud IT’S WELL-KNOWN that advertisers have struggled to keep up with consumers in the switch to mobile. Recent figures from eMarketer showed that, while UK mobile ad spend is expected to rise by 90 per cent this year, it will still only account for 30 per cent of total digital budgets. Bear in mind that [...]
The week in brief May 11, 2014 Publicis Group and Omnicom merger falls apart Publicis and Omicom, two of the world’s biggest advertising firms, have called off ther proposed merger. The $35bn (£22.8bn) deal would have formed the world’s largest ad agency. It was claimed last July that the merger would enable the two giants to compete more effectively in the digital [...]
Pedal to the metal May 11, 2014 Annabel Palmer meets POD Point founder Erik Fairbairn, who’s helping drive the electric car revolution IT’S RARE to find an entrepreneur who, just midway through growing a business, is entirely candid about their exit plan. But Erik Fairbairn – founder of POD Point – plans to create 10 companies “this lifetime”. At 37, and already [...]
Gimme 5 May 11, 2014 …UPCOMING EVENTS FOR ENTREPRENEURS TechPitch 4.5 14 May, 6.30-10pm Eight tech startups will present their business ideas and revenue models during a three-minute pitch, followed by a five-minute Q&A by a panel of judges. 4pt5.co.uk Programming for Non-Programmers 17-18 May, 9.30am-5.30pm The Programming for Non-Programmers Bootcamp is a workshop series at General Assembly designed to [...]
