Is the FSA’s move to relax capital rules for British banks good for the UK economy? October 10, 2012 YES Simon Hills This is a logical and welcome step. An adjustment of the regulator’s capital and liquidity buffer requirements, that takes into account the Funding for Lending Scheme and the Expanded Collateral Term Repo facility introduced in June, will help banks lend to their customers. Put simply, capital and liquidity buffers would be ineffective [...]
Rapid responses October 10, 2012 Counterfeit analogy [Re: Robust copyright is invaluable for a thriving economy, Wednesday] In defending copyright, Dominic Young compares copyright to money, arguing that although it is technically quite simple to do, money only works because copying it is illegal. Whatever the merits of copyright, Young’s analogy is deeply flawed. In its origins at least, money is [...]
Headhunting a headhunter can help boost your career October 10, 2012 THE recruitment profession has acquired a bad name over the past few years – a consequence of the commoditisation of the process, a decline in the quality of customer service and a shrinking of the jobs market. Committing to give a portion of your salary to a recruitment agency may be a hard pill to [...]
Jobs of the Week October 10, 2012 FX TRADING SUPPORT ADMINISTRATOR, CALIFORNIA $200k pa An FX trading support administrator is needed to work with global clients in the retail and institutional FX trading and brokerage markets. You will be keen to progress into management. http://jobs.cityam.com/job/31465 SENIOR OPERATIONAL TAX MANAGER, LONDON £80k-£100k pa A leading bank seeks a tax manager to lead advisory projects. The [...]
New offices were a safe bet for Coral October 10, 2012 THE ONE Stratford Place development is a 130,000 square feet grade A office complex, at the Westfield shopping centre in east London. The site is a stone’s throw away from the Olympic Village. Coral, the bookmaker, was the first occupier to move into the development. The company made the move from its former headquarters, about [...]
Facts about Coral: October 10, 2012 Coral founder Joe Coral, born Joseph Kagarlitsky, set up his first pitches at Haringay and White City greyhound tracks in 1927. It is now part of Gala Coral group, one of Europe’s largest betting and gaming businesses. Coral is the third largest retail bookmaking business in the UK with a market share of approximately 20 [...]
Don’t forget the batteries this Xmas October 10, 2012 Angry Birds Mega Smash £24.99 The latest creation from the makers of the all conquering smartphone game sees you destroying real-life pigs. Smashing fun. www.toysrus.com Leap Frog LeapPad 2 £89.99 Over 200 cartridge and downloadable games make learning fun for ages 3-9 – and ensure your kids are kings of the tablet generation. www.leappad2.co.uk Web [...]
Owen reignites diving debate with World Cup confessions October 10, 2012 ENGLAND striker Michael Owen has defended the right of players to dive if they have been touched and admitted deliberately going to ground to win penalties in two separate World Cup matches. Owen insists falling is elective in three quarters of all penalty decisions and that enticing contact from defenders is “a skill”. He confessed [...]
Doping dossier points finger at Armstrong October 10, 2012 SEVEN-TIME Tour de France champion Lance Armstrong’s team ran “the most sophisticated, professionalised and successful doping programme the sport has ever seen”, the US Anti-Doping Agency (USADA) said last night. USADA detailed its decision to strip Armstrong, 41, of his titles and impose a lifetime ban in a report running to more than 1,000 pages [...]
Torrance supports canny Clarke’s Ryder Cup captaincy claims October 10, 2012 FORMER Ryder Cup winning captain Sam Torrance has backed Darren Clarke’s claims to lead Europe in 2014, even though he feels the Northern Irishman would be a more suitable captain if the tournament were scheduled to be played in America. In addition to Thomas Bjorn, Torrance believes both Clarke and Paul McGinley are strong candidates [...]
