Don’t let the rise of the Brics mask burgeoning opportunities in the Gulf February 10, 2013 ONE of the most striking phrases in David Cameron’s recent speech on Europe was his recognition “that a new global race of nations is underway today”. Adapting to a fast-changing global economic order is critical to the continued prosperity of the UK. Over the past decade, a huge amount of focus has – quite rightly [...]
Cynical Labour has no claim to being a party of business February 10, 2013 CHUKA Umunna, the shadow business secretary, suggested in last week’s City A.M. that Labour is the natural party of entrepreneurship. This is little more than a cynical attempt at gesture politics. Like Umunna’s father, my parents came to Britain with very little and set up their own businesses. The small shops they owned created jobs [...]
The Debate: Could escalating tensions between Japan and China bring about serious economic damage? February 10, 2013 YES Nicholas Consonery In the near term, China and Japan are unlikely to negotiate a return to stability. A continued push by Beijing to weaken Japan’s administrative control over the disputed islands sustains the risk of an accident; but military confrontation is unlikely given Japan’s alliance with the US. However, risks surrounding the Japan/China relationship [...]
Letters to the editor February 10, 2013 Consensual leader [RE: Mark Carney will be more of a reformer than a revolutionary, Friday] This article is thoughtful, but I disagree with its second point. The Monetary Policy Committee’s current inflation target is already quite flexible; it is unclear what would be achieved by formalising flexibility. Mark Carney’s testimony was more candid than the [...]
Why sometimes it pays to return to square one February 10, 2013 JASON Goldberg and Bradford Shellhammer, founders of the overnight internet sensation Fab.com, were almost too busy for our conversation to take place. That may be an occupational hazard if you’ve made it your mission to “change the world”. Fab.com is the hugely successful flash-sale site, that sells design items as diverse as furniture and jewellery [...]
Chess players may be nerds but they sometimes pack a punch February 10, 2013 I THINK I closed my eyes as the other boy pounded my face, punch after punch. It seemed I had no defence. Trying to hit him back or to block him was just useless. The minister eventually broke us up, and it was only then that I burst out crying. “I didn’t come to church [...]
Buying an existing firm has its pluses February 10, 2013 ENTREPRENEURS found start-ups. Being entrepreneurial means starting a new company, with an original idea, or a more efficient process. Or so the old story goes. But does it need to be this way? Not according to professor Miguel Meulemann of Vlerick Business School in Belgium. Meuleman has launched a new initiative at the school – [...]
School’s Out February 10, 2013 WHETHER YOU crave sea air and sunshine, meadows and mountains or lush forests, now’s the perfect time to plan a spring break to blow away the winter cobwebs. Jump in the car and make tracks to a beautiful UK bolthole, lace up your walking boots and tackle some of Italy’s most scenic hill climbs, strap [...]
Olympic lawyer takes a gold at legal awards February 10, 2013 THE great and the good of the legal profession gathered at Mayfair’s Grosvenor House for the 2013 Legal Business Awards. Almost 1,000 lawyers donned black tie for the 16th annual incarnation of the ceremony, which saw American firm Cleary Gottlieb take home the prized gong for Law Firm of the Year. However the biggest cheer [...]
Trainee solicitor gets romantic as love and economics collide February 10, 2013 IT is probably not a book to give on the 14 February, unless the object of your affection finds economics particularly sexy. But with Saint Valentine’s day fast approaching, the timing for the publication of Will Nicholson’s memoir could not be more appropriate. A Story of Love and Market Forces was written by the Freshfields [...]