Swap rights for company shares October 8, 2012 BUSINESS leaders last night raised doubts about the government’s plan to let employers opt out of large chunks of employment law in return for handing workers shares in their firm. Chancellor George Osborne yesterday told the Conservative party conference in Birmingham that the government is targeting an April 2013 launch date for the “employee-ownership” scheme, [...]
Osborne’s employment incentives idea is no game changer October 8, 2012 FOR once, the government managed to unveil a policy yesterday that had not been pre-leaked. George Osborne’s latest plan combines two ideas: it seeks to better align staff and employer incentives; and to make the labour market more flexible. Employers will be able to make new job offers conditional on – and offer to existing [...]
The Tipster | Chequered outlook for Burberry October 8, 2012 CONCERNS over a slowing global economy have affected Burberry’s performance in Asia, a key growth market for the luxury retailer. The stock, down 36 per cent from its all-time highs in April, has come under further pressure after the World Bank reduced growth forecasts in Asia. Capital Spreads quotes a price of 1,011.4p-1,013.6p for Burberry. [...]
What the other papers say this morning October 2, 2012 FINANCIAL TIMES Blow for British nuclear revival A Franco-Chinese consortium has walked away from the race to build Britain’s new generation of reactors in a setback to the government’s hopes of ushering in a revival of nuclear power. The expected bid by French engineering company Areva and China’s Guangdong group for the Horizon nuclear joint [...]
Who’s switching jobs October 2, 2012 Taylor Wessing Amanda Nelson has been appointed as a partner in the law firm’s private client practice. She joins from Manches, where she was a partner in its private client and international wealth practice. Nelson specialises in tax planning, with a particular emphasis on inheritance and capital gains tax. RBC Capital Markets Frank Garibaldi has [...]
Ed Miliband needs to stop distorting statistics October 1, 2012 IF you want to know why I find it hard to be optimistic about Britain’s economic future, look no further than the political parties’ annual conferences – this weekend it was the turn of the Labour party to pander to prejudice and envy and advocate policies that will end up retarding growth, reducing job creation [...]
Ed Miliband needs to stop distorting statistics September 30, 2012 IF you want to know why I find it hard to be optimistic about Britain’s economic future, look no further than the political parties’ annual conferences – this weekend it was the turn of the Labour party to pander to prejudice and envy and advocate policies that will end up retarding growth, reducing job creation [...]
Fiscal crisis continues to threaten our struggling economy September 25, 2012 IT is hard to disagree with Standard & Poor’s that the Eurozone is likely to see zero growth until 2014. The situation is worsening again, especially in Spain, where the budget crisis is intensifying amid separationist tensions, and in Greece, which could soon be demoted to being an emerging market again by the FTSE. None [...]
Britain needs more venture capitalism – not a state bank September 25, 2012 HERE is a simple question. What do you think would do more to help the provision of finance for small firms? Vince Cable’s new state bank, which will begin its operations in 18 months’ time, or a radically improved tax system to improve the provision of equity financing and venture capital? In other words, is [...]
Shore Capital’s shares soar as revenues rise September 24, 2012 INVESTMENT bank Shore Capital reported steady profits in the first half of 2012 yesterday, with strong growth expected to continue in part thanks to its German telecoms investments. Group revenues came in at £17.8m, up 28.3 per cent on the second half of 2011, and down 12.7 per cent on the first half of last [...]