Philosophers and the fine art of business March 16, 2011 DO BUSINESSES that are trusted make more money? Is it ever morally acceptable to lie? Is a corporation a moral agent? If so, who does that mean is responsible if it does bad things? Not the most obvious questions that you might expect to face on an MBA course, perhaps, but these sorts of quandaries [...]
BUSINESS SCHOOL NEWS IN BRIEF March 16, 2011 FS STILL NUMBER ONE It might not be the politicians’ favourite sector, but MBA graduates are still pretty keen on the financial services. In its 2011 Alumni Perspectives Survey GMAC (the Graduate Management Admission Council) says that 22 per cent of MBA graduates went to work in the financial services, up on 15 per cent [...]
Nuclear power falls as Vix gauge jumps March 16, 2011 US stocks sank for a third day yesterday as worries about Japan’s nuclear crisis escalated, and analysts saw more volatility ahead for the market. The S&P 500 fell more than one pe cent and was within a few points of turning negative for the year after the UN nuclear watchdog chief said the situation at [...]
Investors drop equities on continued Japan worries March 16, 2011 HEIGHTENED fears about the nuclear crisis in Japan saw investors shun equities yesterday, with falls by heavyweight commodity issues dragging Britain’s top share index lower. Banks were the biggest fallers, however, also under pressure as a downgrade of Portugal’s credit rating by Moody’s further unnerved investors. At the close, the FTSE 100 was down 97.05 [...]
Savers should utilise ISAs to beat inflation March 16, 2011 5 APRIL will be the last day this tax year to shelter your savings under an ISA. With stagnant wages and inflation biting into savings, holding savings in cash is not a good idea. Mervyn King will likely be sending letters to George Osborne apologising for high inflation for a while to come. The 2 [...]
More is demanded from sustainable investment funds than a fluffy image March 16, 2011 SUSTAINABLE investment, or socially responsible investment (SRI), has been on a rapid ascent for the last decade, but outside of providing dinner party credibility for the chattering classes wanting to appear to be doing the right thing, are SRI funds worth a look for investors who are concerned with returns and growth? For all the [...]
Taking a Sipp for greater control March 16, 2011 WHETHER it’s fine wine or a pension, you need to be a connoisseur to get the most from taking a sip. But while almost everyone will get some benefit from a sip of wine, the same cannot be said about self-invested personal pensions (Sipps). Much like an investment ISA, a Sipp offers a tax-free wrap [...]
Rats, feral pigs and tragedy March 16, 2011 WHEN THE KILLING’S DONE BY T.C. BOYLE Bloomsbury, £18.99 What a pleasure to have a thriller from such a master of letters as the award-winning American writer TC Boyle. Quite unlike his last novel, The Women, an acclaimed biography of architect Frank Lloyd Wright, this is an eco-thriller that takes us into the dark heart [...]
Canary Wharf leads the new wave of swanky members’ clubs March 16, 2011 RARELY has a new club been so aptly named as the recently launched Sky Bar at the Millbank Tower. With wall to wall windows, the views from its 29th floor, directly down towards the Houses of Parliament, are arguably the best in London. While previously just for events, the space has been transformed into an [...]
Quartz to land Plate March 16, 2011 THE Byrne Group Plate (4.00pm) is a fiendishly difficult handicap to unravel, but it’s always worth keeping an eye out for Venetia Williams’ runners in races like this. She saddles the progressive chaser QUARTZ DE THAIX this afternoon and he must have a big chance at 15/2 with Sportingbet. He has some excellent hurdles form [...]