Compliance has emerged as a growth industry in the UK November 19, 2012 RECENT scandals in the banking sector have led to some discernible changes. Firms have come under the regulatory microscope, resulting in large fines and reputational damage. More regulation and increased investor pressure to ensure adherence to these new rules has led to enhanced emphasis on the role and responsibilities of the compliance team. And now [...]
JOBS of the WEEK November 19, 2012 COMPLIANCE HEAD OF TRAINING LONDON £120k-£160k pa A global investment bank is looking for a new head of training within its compliance department. Financial industry background and managerial experience desirable. http://www.cityamcareers.com/job/32135 INDIRECT TAX SENIOR MANAGER LONDON £80k-£100k pa, plus benefits and bonus A leading international financial services institution seeks a new principal indirect tax adviser. [...]
White collar boxing dens November 19, 2012 Boxing, in some form, or other has been around for at least 5,000 years. It has been practiced by everyone from Roman slaves to Victorian gentlemen; from army majors to backstreet brawlers. Today it is still most strongly associated with working class fighters slugging it out in East End gyms. But there is a growing [...]
Relax with a herbal facial at the Chuan Spa November 19, 2012 There are treatments that change your day, and there are treatments that change your outlook. “You are dehydrated, congested and have burnt your face in the last year, haven’t you?” says head therapist Zoe as I walk into the “Heaven” treatment room at the Chuan Spa. How did she know I had a cold and, [...]
Turbot charged Hawksmoor turns attention to the fruits of the seas November 19, 2012 RESTAURANT HAWKSMOOR AIR STREET 5a Air Street, London, W1J 0AD Tel: 020 7406 3980 FOOD **** VALUE *** ATMOSPHERE **** Cost for two people: £140 PROPPING UP a cocktail bar amidst the art deco surroundings of Hawksmoor’s Air Street branch, my mind mused over the agonising misfortune of having been born into the wrong era. [...]
Why forgoing veal is now the real unethical choice November 19, 2012 The widespread view that eating veal is unethical is well-founded and well-meaning but out of date. You can, though, see where it comes from. Even as a chef and lifelong meat eater who generally tries not to feel too sentimental about using animals for food (as long as they have had good lives, been well-treated [...]
FTSE 100 up on optimism over fiscal cliff deal November 19, 2012 The leading share index was trading up this morning, buoyed by optimism that the US will avoid the fiscal cliff. Miners and banking shares led the FTSE 100 higher this morning, with Eurasian Natural Resources the biggest blue chip riser, adding 3.27 per cent. On the FTSE All-Share, internet grocer Ocado rose almost 21 per [...]
Lamprell projects bigger loss for 2012 November 19, 2012 Rig maker Lamprell this morning warned that its losses for the full year would increase significantly, with a gradual return to profit expected next year. The company, which has issued four profit warnings this year, anticipates a total loss of $105m (£66m) for this year as a result of delays to projects, up from a [...]
We must ditch unfair loopholes – and then cut tax overall November 19, 2012 BRITAIN’S corporation tax system is broken. It is arbitrary, opaque, incomprehensible and unfair. At best, it is uncompetitive compared with other countries, such as Ireland; at worst it is a complete nightmare of complications and distorted incentives. Britain’s tax system is one of the worst things about the UK: It needs to be smashed up [...]
Revenue ramps up at Mitie November 19, 2012 Outsourcing firm Mitie said today that it expected total revenue growth to be higher in the second half, as it was buoyed by several new contracts. Over the six months to September the company – which runs services from maintenance and cleaning to baggage screening – reported revenue growth of 5.6 per cent to £1.03bn. [...]
