Confident small firms to invest in year ahead November 3, 2013 CLYDESDALE and Yorkshire Banks have found that almost all of the UK’s small and medium-sized enterprises (SMEs) plan to invest in growing their business during the year ahead. According to a poll released today, an increase in confidence means that 97 per cent of businesses intend to invest in growth, in a poll of 818 [...]
Firms say world tax system hits small business November 3, 2013 THE INTERNATIONAL tax system is weighted against small and medium-sized enterprises (SMEs), according to a new report released by the Cornwall Chamber of Commerce out today. Seven times as many business leaders believe that the system is biased against small and medium-sized companies than believe the system treats them equally, according to the research. Despite [...]
Risk aversion threatens to dampen economic recovery November 3, 2013 AS THE great and the good of UK business congregate for the CBI’s Annual Conference today, the atmosphere is likely to be much more upbeat amongst business leaders compared to last year. This is understandable. Business confidence in the UK has soared over the last 12 months and executives are now more confident about the [...]
Best of the Brokers for 04 November 2013 November 3, 2013 To appear in Best of the Brokers, email your research to notes@cityam.com G4S Numis has an “add” rating on the outsourcing giant and a target price of 300p ahead of an investor day tomorrow. The broker expects the firm to set out a rejuvenated set of best practices alongside a two to three per cent [...]
London Report: Recovery looks on track in busy reporting week November 3, 2013 SERVICES figures due out this week, plus the latest updates on industrial and manufacturing production, look set to show continued recovery for the British economy. “September’s industrial production figures are likely to show that overall output partially recovered from its surprise 1.1 per cent monthly fall in August,” said Martin Beck, of Capital Economics. “Manufacturing [...]
Wall St The Week Ahead: Wall Street all a-Twitter over public offering November 3, 2013 TWITTER will be the talk of Wall Street this week when the social media company goes public in the stock market’s most anticipated initial public offering since last year’s Facebook. Twitter is expected to price its IPO on Wednesday evening and begin trading on Thursday on the New York Stock Exchange. Twitter has said it [...]
Big business must support startups and help create the jobs of the future November 3, 2013 ONE of the clearest signs of a strong economy is a healthy and thriving startup and small business sector; these are the real engines of job creation and growth for any country. The US has always prided itself on a vibrant startup culture, with people from flocking from around the world to California’s Silicon Valley [...]
City Matters: St Jude’s storm was a stark reminder why we need more transport investment November 3, 2013 ONE week on from the biggest storm London has seen in nearly thirty years, and the capital’s railways are back on track. The travel chaos was an uncomfortable reminder of how crucial the smooth running of London’s transport is to Londoners’ ability to go about their business. The two largest transport projects currently on the [...]
Financial services are vital to the UK economy November 3, 2013 AT THE CBI conference today, my message will be that Britain can only succeed in the future as an open, internationalist and outward-facing trading nation, with enterprise, risk and innovation valued and rewarded. But when, after years of stagnation, most people are still seeing their living standards falling, we cannot take public support for this [...]
Letters to the Editor – 04/11 – Scientific progress, Best of Twitter November 3, 2013 Scientific progress [Re: Antibiotics are in critical condition: An open culture will help us find alternatives, Friday] The article highlights some very real concerns regarding antibiotic resistance, and rightly calls for more openness to ensure technological advances. But simplifying regulation is only one part of the solution to winning the fight against bacteria. Medical researchers, [...]
