New banking regulation mustn’t be the medicine that killed the patient June 17, 2012 IN THE four years since the start of the financial crisis, we have walked a tightrope between enough and too much regulation; between the commendable aim of protecting consumers, markets and financial stability on the one hand, and the tendency of politicians, looking to voter concerns and media headlines, to be seen “to do something”. [...]
Will the City ever be representative of the diversity of London’s broader workforce? June 17, 2012 YES Ric Berke Globalisation has changed the working landscape, and the City is no different. London is one of the world’s leading financial centres, staffed by top talent from across the globe, creating a truly diverse workforce. As a City recruiter, I can confirm that roles are filled by the strongest applicants and hiring decisions [...]
RAPID responses June 17, 2012 Broken spring [Re: Are shareholder revolts over executive pay a coherent response to poor performance?, Friday] The shareholder spring is another example of a public spurred on by a militant minority, and fuelled by a mixture of jealousy and ignorance. Anyone earning more than double the average wage has been branded a fat cat and [...]
World Entrepreneur of the Year June 17, 2012 DESPITE the gloomy economic outlook in Europe, Monte Carlo was buzzing, as Ernst and Young hosted its twelfth annual World Entrepreneur of the Year award last week. No fewer than 59 entrepreneurs from 51 countries gathered to compete for the top prize in an atmosphere of unfettered optimism. This year’s country winners included Reid Hoffman, [...]
The ace of clubs: Building an innovative legacy at Home House June 17, 2012 WHEN the offer went up by yet another £1m I had to say yes. My heart was heavy though because I was proud of what we had created from scratch, against the odds. I’d also had a lot of fun. The business was the now famous London club, Home House. Eight years earlier, Brian Clivaz [...]
Four competitions for speedy growth June 17, 2012 GOOD things don’t always come to those who wait. Here are some great prizes for talented entrepreneurs looking to kick-start their start-up. Innovating for Growth (British Library) Key date: Ongoing Details: You can win a package of business advice and support worth £10,000 through th British Library. It is available free to SMEs who want [...]
The Brics start to look wobbly as emerging market growth slows June 17, 2012 AS INDIA looks set to lose its investment grade rating, are the Bric nations starting to tumble? The last ten years have seen investors flocking to the vaunted opportunities available in the markets of the Bric grouping of Brazil, Russia, India and China. Over that time, Bric indices have almost quadrupled their gains and their [...]
Is it time for investors to return their focus to the West? June 17, 2012 YES KULLY SAMRA In the aftermath of the financial crisis there is no doubt that Bric countries became a popular choice to diversify investment portfolios. However, the shockwaves from the deepening Eurozone crisis has led some emerging markets stock indices to experience sharp falls since the beginning of March, whereas US markets have remained more [...]
Hideaway in the Highlands June 17, 2012 For non-members, visiting Skibo Castle, home of the ultra-exclusive Carnegie Club, is bittersweet. Allowed just one stay pre-membership, those who are invited to sample the castle’s delights and the lifestyle offered by the Club, named after Skibo’s former owner Andrew Carnegie, are exposed to such a confluence of pleasures that the predominant feeling on departure [...]
TRAVEL NOTES June 17, 2012 Summer nights at Soho House Berlin This summer, SHB is unveiling 20 slick new apartments and, in August, non-members can get in on the coolest venue in town. Original Travel offers stays at Soho House Berlin during August including 20 per cent off any room or apartment. Discounted rates from £84. Visit www.originaltravel.co.uk or call [...]