Shareholders are accountable for executives’ pay January 15, 2012 BONUS season is always a potentially politically explosive time and this year is unlikely to prove any different. Total bonus payouts across the City are expected to fall steeply this year from £6.7bn in 2010/11 to £4.2bn (roughly a third of the £11.6bn peak before the crisis) but – understandably – this will not prevent [...]
RAPID RESPONSES January 15, 2012 Disagree with Nick I very much agree with Allister Heath’s comments on Friday [Clegg’s latest nonsense] about Nick Clegg’s initiative regarding job applications. As you say, the key is improving education, and not coming up with idiotic proposals such as this. I come from a pretty humble background, and had a solid, redbrick grammar school [...]
Educating your kids requires a plan January 15, 2012 TONY Blair said “education, education, education”, while Abba said “Money, money money”. It’s still hard to get the best of the former without a pile of the latter. Many parents are faced with massive dilemmas due to the spiralling costs of giving their children what they believe to be the best start in life. For [...]
A scheme to help cut the cost of schooling January 15, 2012 WE HAVE devised a model that can significantly reduce, and potentially eliminate, the tax burden that comes with privately educating children, which is aimed primarily at higher rate taxpayers who own their own businesses. Since it was introduced a year ago, we have saved our clients tens of thousands of pounds. For families interested in [...]
10 key points for your investment diary in 2012 January 15, 2012 WHILE we remain cautious about the coming months and are positioned accordingly, we see the market environment slowly improving. Improving economic data, better than expected corporate earnings, fair equity valuations and low interest rates are all supporting equity markets and the longer-term global recovery. We still maintain that a global recession will be avoided and [...]
NEWS IN BRIEF January 15, 2012 CREDIT CARD SPENDING DOWN According to analysis of customer spending data carried out by Santander Credit Cards, the average credit card spend has fallen four per cent over the past 12 months. The data reveals that while the total number of transactions has increased by one per cent over that time period, the value of [...]
Sleeping tight in NYC January 15, 2012 NOBODY needs an excuse to go to New York; the Big Apple is one of the few cities in the world to match London for sheer breadth of sights to see, entertainment to sample and scenes to explore. But the opening of a sprinkling of new high-class hotels that demand to be visited is as [...]
Take a walk on the wild side of the Maldives January 15, 2012 The Maldives: a honeymoon paradise where people take sunset strolls and spell out proposals of marriage in shells on powdery white beaches; where time slows down and life swims at the pace of the giant green turtles trawling the reefs. But there is another side to paradise – a side where the world’s top surfers [...]
TRAVEL NOTES January 15, 2012 Sundance Film Festival gears up The Sundance Film Festival starts on Thursday lin Park City, Utah. Sundance Film Festival started out in 1978 as an event designed to attract more filmmakers to Utah while staying away from the overpowering Hollywood scene. www.sundance.org/festival TAM invites passengers to get tipsy Brazil’s biggest carrier TAM Airlines is offering [...]
The Gresham, an art deco palace on the Danube, is Budapest’s finest hotel January 15, 2012 Budapest is sometimes compared to Paris. While very pleasant indeed – especially if you go in the summer and lounge by the vast 19th century public baths in the scorching sun – the city doesn’t really compete with Paris in terms of beauty, architecture or cultural riches. With its history of hardship and decimation, how [...]