Jamaica reparations and chief executive pay: Two sides of the same rent seeking coin October 6, 2015 David Cameron’s visit to Jamaica last week led to vociferous demands for the UK to pay the Caribbean island billions of pounds in reparations for slavery. Most people here reacted with predictable eye-rolls and sighs. Slavery was abolished throughout the British Empire in 1833, nearly two centuries ago. Jamaica has been independent for over 50 [...]
UK skills gap: Britain already has a crisis and rejecting skilled migration will only hit future growth harder October 6, 2015 It may sound like just another overused sound bite, but the skills gap is one of the most important issues affecting UK businesses today. With party conference season well underway, speeches about reducing the deficit and accelerating the UK’s economic recovery have been in plentiful supply. Yet while all eyes have been on Jeremy Corbyn’s [...]
Is Theresa May’s claim that mass immigration has “close to zero” economic benefits a dangerous one? October 6, 2015 Philippe Legrain, senior visiting fellow at the LSE’s European Institute, author of “Immigrants: Your Country Needs Them” and founder of OPEN, an international think tank on openness issues, says Yes Theresa May is wrong. Foreign students subsidise Brits. Foreign doctors fill skills shortages. Young, hard-working immigrants do jobs that most Brits spurn, like care for [...]
Chelsea slump down to Mourinho ruining his players, says Capello October 6, 2015 CHELSEA manager Jose Mourinho is paying the price for habitually “ruining” his players in the first 18 months of his tenure, according to former England coach Fabio Capello. Blues chiefs this week took the unusual step of issuing a public vote of confidence in Mourinho, who has led the team to just eight points from [...]
Kyle Walker and Andros Townsend called up for England as Wayne Rooney and Danny Ings doubts grow October 6, 2015 England manager Roy Hodgson fears he could be without captain Wayne Rooney for the Euro 2016 qualifying double-header against Estonia and Lithuania. Rooney’s fellow striker Danny Ings and midfielder Jonjo Shelvey also sat out training yesterday and are doubts for the fixtures, while defender John Stones has been ruled out altogether. Tottenham right-back Kyle Walker [...]
Hooper suspension cold comfort for Brown October 6, 2015 ENGLAND full-back Mike Brown insists that Australia flanker Michael Hooper’s suspension for a foul on him in last week’s pivotal World Cup defeat at Twickenham has come too late. Hooper escaped with only conceding a penalty during the Wallabies’ 33-13 win, which condemned England to a group stage exit, but he was cited for the [...]
Roberts: I have sympathy for England flops October 6, 2015 WALES centre Jamie Roberts admits he feels sympathy for Pool A rivals and tournament hosts England after their World Cup dreams were shattered just three matches into the competition. Warren Gatland’s Welsh side face a group decider against Australia at Twickenham on Saturday, with the winners likely to face either Scotland or Japan in the [...]
Ashes-winning approach will not work against Pakistan, says Wood October 6, 2015 SEAMER Mark Wood believes England will need to adopt different tactics from the rip-roaring approach which brought Ashes joy this summer if they are to enjoy success against Pakistan in the United Arab Emirates The tourists drew the first warm-up match of their tour after Pakistan A chalked up 216-5 at Sharjah yesterday in response [...]
FTSE 100 climbs as Glencore digs itself out of hole – London Report October 6, 2015 Britain’s top share index rose nearly three per cent yesterday, with a surge in Glencore after a volatile week leading mining companies higher. The blue-chip FTSE 100 index jumped 168.94 points, or 2.8 per cent, to 6,298.92 points, with every stock in positive territory. The FTSE 100 is still down over 11 per cent from [...]
Brooks Macdonald, Capita, Tesco: Best of the Brokers for 6 October 2015 October 6, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com BROOKS MACDONALD I want to grow old with you, was Shore Capital’s message for Aim-listed wealth manager Brooks Macdonald. The broker maintained its “buy” rating and upgraded its fair price to 2,075p from 1,875p on the strength of its full-year results, citing [...]
