Hints and tips:
...L&G chief executive Sir Nigel Wilson welcomed what he called a “collaborative solution” after months of talks between the government, regulator and industry....
...The authorities for this proposition are some of the greatest names in English legal history - Fortescue, Cooke, Blackstone, Stephen....
...(ii) For the average citizen, I expect them to feel the same as today....
...If Debt/GDP is about 1 now (UK-US levels) you can run a primary deficit of (g-r) — where g is growth rate and r is real cost of borrowing — and keep Debt/GDP constant....
...service of Warren Buffett, chief executive, and the 38-year tenure of Charlie Munger, his deputy, the board also includes long-time business collaborators of Mr Buffett’s, including Walter Scott and Ronald Olson...
...At Prudential’s M&G unit, profits dropped 10 per cent. At Legal & General Investment Management, profits were 3 per cent down....
...Brexit represents a Mancur Olson moment where the UK will have the opportunity to re-examine its institutions and practices....
...His work resonates with the writings of W.G. Sebald, who sprinkled stories with murky snapshots of questionable relevance....
...The bestselling new launch of the fourth quarter was the UBS Multi Manager Access II Emerging Markets Debt fund....
...They argue measures such as Solvency II deter insurers from buying any securitised products because of punitive charges....
...Irish independence and the loss of its West coast ‘treaty ports’ nearly cost Britain the Battle of the Atlantic in World War II....
...Stephen King, HSBC: Macropru policies are the most obvious, although they will create distortions....
...JAR Paris Vol II , by Pierre Genet and Joel Arthur Rosenthal, JAR Vol II, RRP$800 In 2003, Rosenthal published the limited edition 10lb-plus JAR Paris....
...Stephen King, HSBC: If leaving the EU increased the UK’s focus on opportunities in the emerging world, then departure might have some benefit....
...ii) Larger companies tend to be cash rich and are now generally able to raise funds from non-bank sources....
...But it remains a fact that any job tends to be better than no job and recent business surveys (e.g....
...Lena Komileva, G+ Economics: In a balance sheet crisis, conventional considerations of the economic cycle have proven misleading....
...Stephen King, HSBC: (i) Infrastructure investment together with policies to improve SME linkages with the emerging world. (ii) Pray for a recovery in the eurozone....
...rage (Part II): Dark and light side – FT Alphaville...
...Fault Lines: How Hidden Fractures Still Threaten the World Economy, by Raghuram G Rajan, Princeton University Press RRP£18.95 A high-powered yet accessible analysis of the financial crisis and its aftermath...
...(ii) The UK’s manufacturing sector has once again been hammered during a global downturn....
...In many other countries where inequality had not risen in the 1980s (e.g. Scandinavia and Germany) inequality has also been rising....
...Stephen King, HSBC I’m increasingly of the view that the sooner, the better, even allowing for my response to question 2....
...Stephen King, HSBC: House prices have come down quickly but, relative to income, they still seem high....
...Stephen King, HSBC The recession in the UK is going to be both deep and long....
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