The whole City must work to rebuild the trust destroyed by a rotten few July 15, 2012 AFTER weeks of problems in the banking sector making front pages, it’s time we start taking steps to move business back to where it belongs: the business sections of our papers (though that would, of course, be hard in the case of this newspaper). Reputation matters and it’s the driving force behind any good business. [...]
After China’s growth slowed to 7.6 per cent last quarter, should we remain optimistic? July 15, 2012 YES Duncan Innes-Ker China’s economy slowed in the last six months but, in contrast to the downturn of 2008, the local jobs market has held up well. It’s hard to be that worried about a country in which the average city-dweller saw their income rise 13.3 per cent between the first half of this year [...]
RAPID responses July 15, 2012 Health solutions [Re: Demographic timebomb will force government to downsize, Friday] There are plenty of other healthcare models to explore to avoid the incipient funding crisis. One is the Singapore model of health savings accounts, which provides direct subsidies to the less well-off and catastrophe insurance to pay for huge one-off costs. Another is the [...]
Decades of hard work and entrepreneurship July 15, 2012 NOT MANY outside the insurance industry know the name Stephen Catlin. But he is one of the most successful UK businessmen. Over the last 30 years, he has turned a two person reinsurance company into a £3.5bn international firm – Catlin Group. The eponymous CEO was crowned UK winner at the Ernst & Young World [...]
Lost in translation: The often tortuous trials of selling-up July 15, 2012 IT WAS depressing: the business was making continual losses. We’d tried everything we could think of, but nothing seemed to work. We’d made many mistakes and had an unfair share of bad luck. We reached a decision: find a buyer and sell it. The business was fundamentally sound, so in the right hands it had [...]
Anti-finance hate has gone too far July 15, 2012 WHEN a teacher commits a crime, people don’t question the legitimacy of education. And when a doctor breaks the law – and the Hippocratic oath – people don’t suggest that there is something inherently corrupting about giving people the power to save lives. Yet different standards are applied to finance. Far too many commentators take [...]
Roughing it in style in Peru July 15, 2012 OF ALL the things one might expect to find at the bottom of a steep dell in the Peruvian rainforest, the rusted iron hulk of an ancient steamboat would not be high on the list. And yet I’m looking at just that scene: decades after the boat somehow came to rest here, its old funnel [...]
Boxing faces shake up as Warren considers licensing breakaway July 15, 2012 BRITAIN’S top boxing promoter Frank Warren has threatened to overhaul the sport in this country after revealing he will consider prolonging his partnership with the controversial Luxembourg Boxing Federation (FLB). David Haye’s clinical fifth-round stoppage of the durable Dereck Chisora on Saturday night concluded an acrimonious six-month period in which a press conference brawl between [...]
Bopara named in England’s Test squad ahead of South Africa tie July 15, 2012 ESSEX’S Ravi Bopara was yesterday rewarded for his sparkling one-day form for England with a call- up to the squad for the opening Test against South Africa, starting on Thursday at the Oval. Bopara excelled with both bat and ball during the one-day international series against Australia that ended last week, averaging over 45 runs [...]
Wiggins holds back with Tour sabotaged by nails on the road July 15, 2012 BRITISH hopeful Bradley Wiggins led a magnanimous stance among cyclists at the Tour de France yesterday, slowing down the leading pack after the race was sabotaged by nails spread on the track. Wiggins’s close rival Cadel Evans was one of around 30 riders to suffer punctures, becoming stranded near the summit of the Mur de [...]
