City stages four Paralympic marathons September 9, 2012 The City’s roads closed yesterday as the Square Mile staged four Paralympic marathon events. Here, a group of runners pass St Paul’s on their way to the Mall during the races, which were among the final competitions of the Games.
The Capitalist September 9, 2012 THE LAST medals of the Games may have been awarded but the celebrations are far from over, with today’s official Our Greatest Team Parade giving Londoners the chance to catch a glimpse of Britain’s Olympic and Paralympic stars. At least 700 athletes from Team GB and Paralympics GB will travel on 21 floats from the [...]
City Moves Who’s switching jobs September 9, 2012 RSA Caroline Ramsay has been appointed group chief auditor at the insurance company. She replaces Anne Jaeger, who has become chief risk and compliance officer for RSA Scandinavia. Ramsay joined the firm in 2007 as group financial planning and analysis director, and was most recently UK and Western Europe finance director. Signia Wealth The wealth [...]
Best of the Brokers September 9, 2012 DIXONS Kate Calvert at Seymour Pierce has upgraded Dixons, owner of the Currys and PC World electronics chains, from “Hold” to “Buy” with a target price of 24p. The move is to reflect strong momentum in its core UK and Scandinavian businesses driven by “market consolidation and a strong innovation pipeline”. She says the firm [...]
Retailers report but all eyes on world economy September 9, 2012 THE GLOBAL economy will once again set the tone for the markets this week, with a crucial German ruling on the new bailout fund due on Wednesday and a potential move on QE3 by the US Federal Reserve on Thursday. Greek leaders will today meet with their creditors to outline further austerity measures. And UBS’s [...]
A nice rally while it lasted: Wall St analysts call the top of the market September 9, 2012 AT the start of the historically weakest month for equities there are plenty of reasons to believe stocks may be just about reaching a top – at least in the short term. The S&P 500 has surged 14 per cent this year and is at its highest level in more than four years. Not counting [...]
A new approach to the traditional legal model September 9, 2012 THINK of a sector ripe for an entrepreneur, and law is probably not top of your list. It’s highly competitive – there were 10,202 private practice firms operating in 2011, according to the Law Society – and a complex set of regulations makes applying new business models highly technical. How also to combine the character [...]
Don’t let your money go walkabout – weigh up risks and rewards September 9, 2012 LET me pose you a question. Is it possible that a business investment that returns ten times the money invested could have been a mistake? Before you think the obvious, “No, of course not!”, please read on. Crocodile Dundee is a fantastic movie. It somehow managed to capture the best of the Aussie spirit and [...]
Liberate Isa cash to aim it at SMEs September 9, 2012 SIGNING an e-petition is about as close as the British get to the direct democracy of ancient Athens. And although it’s easy to doubt the efficacy of adding your digital weight behind something that politicians can ultimately ignore, 100,000 signatures will at least mean the issue is considered for debate in the House of Commons. [...]
These politicians are wrong – a tax on wealth would be bad for Britain September 9, 2012 A NUMBER of leading political figures – including Nick Clegg, Vince Cable and Ed Balls – have recently voiced their support for a new wealth tax. It is easy to see why this idea is attractive to politicians. In the UK, personal wealth totals around £7 trillion – around 5 times GDP – even after [...]
