The only way is up for Leap 100 companies April 20, 2016 THE Leap 100 is a list of 100 of the most exciting, fast-growing companies in the UK. But it’s more than a list: it is a cohort of founders whose fortunes we will follow and whose ambitions we will support over the next 12 months; founders with the talent to help secure Britain’s place as the best place [...]
Successive governments accused of being “wildly reckless” as report finds public sector pensions and unpaid student loans add up to create £1.85 trillion liabilities “timebomb” April 18, 2016 Successive governments have been accused of being "wildly reckless" as new research today warned state liabilities add up to a £1.85 trillion "timebomb". The UK national liability figure, compiling "debts waiting to happen", brings the nation's total debt to £3.45 trillion, according to the Adam Smith Institute. The report warned the liability, which includes £1.3 trillion in public [...]
Steel crisis: Protectionism is a disastrous policy – but don’t thank the EU for banning Parliament from even considering it April 8, 2016 Protectionism is bad for you. It stifles the free exchange of goods and services, it pushes up prices, and it kills jobs – not just in the competitor nation whose trade is blocked, but in the nation which believes it is protecting itself by raising trade barriers. Take steel, the latest fashionable focus for those [...]
Panama Papers scandal: Law firm admits it thinks it was the target of hackers as experts warn companies are misguided in their cyber security efforts April 6, 2016 Businesses are failing to identify weak spots in their cyber security systems, as the law firm embroiled in the Panama Papers breach admits that it believes it was targeted by hackers. A report seen exclusively by City A.M. by FTI Consulting has discovered that just less than half (43 per cent) of global institutional investors [...]
Panama Papers: HMRC gears up for Mossack Fonseca data leak fallout April 4, 2016 Global tax authorities are gearing up to deal with the fallout from a leak of more than 11m files from Panama-headquartered law firm Mossack Fonseca – as legal experts warn that any entity with business dealings in the Central American country could potentially find itself receiving a knock on the door from HM Revenue & Customs (HMRC). [...]
Panama papers: Reaction to the massive data leak from law firm Mossack Fonseca detailing how global elite protect their riches April 4, 2016 News that a number of world leaders, as well as other global public figures, have been linked to tax evasion and money laundering has been met with calls for a crackdown on secretive international financial systems. A leak of 11m documents from Panamian law firm Mossack Fonseca has revealed that the company has helped clients launder money, [...]
Fever Pitch: ROLI founder Roland Lamb talks pianos, philosophy and Hans Zimmer April 4, 2016 Since 1975, Moore’s Law has held that the processing power of a microchip doubles every couple of years. For musical instruments, however, the pace of innovation has been somewhat slower. “For the last 400 years, you have been able to control soft and loud by how hard you hit a piano key, but that has been [...]
UK house prices: St Ives in Cornwall is having a referendum on banning second homes March 28, 2016 There's an important referendum happening this summer. No, not that one. For the residents of the sunny seaside town of St Ives, as well as voting in the EU referendum, they will vote on something a little closer to home – whether to ban people who are not local to the area from owning property as a second home, many of [...]
Deutsche Borse’s takeover of LSE like “Germany selling BMW to Britain”, says former BCC boss John Longworth March 18, 2016 John Longworth, recently-ousted director general of the British Chamber of Commerce, has slammed the so-called "merger of equals" between Deutsche Borse and LSE, calling on MPs to intervene before the deal goes through. Longworth, who was forced to resign just over a week ago after publicly supporting a Brexit, has warned the move could damage the [...]
Mipim 2016: Bleary-eyed business leaders at Mipim plunder the freebie stalls in search of a hangover cure March 15, 2016 The annual Mipim festivities in Cannes aren't just about boozing and schmoozing with the UK's property industry figures – there are also loads of freebies. The Capitalist's mole in the south of France tells us suited revellers are snapping up anything that isn't nailed down to the stands at the real-estate show; from free holidays to hangover cures. [...]