Why jargon and corporate speak hurt your message March 9, 2015 We all use jargon and shorthand every day in conversations with friends and co-workers. It’s a kind of code that helps us get from A to B quicker. It’s useful and saves time. I am writing this article from Washington and last week I heard staffers on Capitol Hill talk about going on a CODEL. [...]
Netanyahu wants to kill the US-Iran nuclear deal: Obama must not let him March 9, 2015 For all the clouds of controversy that perpetually swirl around him, Israeli Prime Minister Binyamin Netanyahu possesses two great qualities that wholly elude the timid and colourless European leaders I am fated to spend so much of my time writing about: he has a gambler’s heart and he is eloquent. Both these admirable traits were [...]
Be open and thrive: Why Mexico shows Britain has massive export potential March 9, 2015 After hosting the first “Mexico Day” business summit at the Mansion House, followed by the State Reception for President Nieto of Mexico in the Guildhall when he visited the UK last week, now seems an opportune moment to reflect on our trading relationship with the rest of the globe. Looking at Mexico’s economy, things are [...]
As Eurozone QE kicks off today, is it a necessary ingredient for a sustainable European recovery? March 9, 2015 Jennifer McKeown is senior European economist at Capital Economics, says Yes. Mario Draghi sounded smug last week as he announced the start of his QE programme, pointing to recent improvements in business confidence and credit conditions as signs that it’s already working. Meanwhile, the continued depreciation of the single currency has raised hopes of a [...]
How Britain can end the curse of infrastructure white elephants forever March 5, 2015 No question, Britain has an infrastructure problem. A fast-growing population, hitting 70m by 2030, no fiscal surplus for another five years, and no recovery to the national debt levels of 2007 until 2030 will put even further strain on it over the coming years. But financing infrastructure in an era of prolonged austerity requires some [...]
Would the failure to hold TV debates ahead of the election be a national embarrassment? March 5, 2015 Katie Ghose, chief executive of the Electoral Reform Society, says Yes Compared with other democracies, Britain has been extremely late to the party when it comes to TV debates. Voters around the world are used to hearing directly from party leaders in the run up to an election, and it gives them a chance to [...]
Standard Chartered bonus bungle shows investors need to speak up March 4, 2015 Falling profits, boardroom turmoil and a declining return on equity: by any measure, Standard Chartered’s 2014 was a year to forget. So the decision of Peter Sands (whose resignation last week was met with a surge in the bank’s share price) to forgo a variable pay award for the year was necessary to avoid a [...]
How to ensure twenty-first century companies invest for the long term March 4, 2015 In the twentieth century, firms were predominantly capital-intensive and competed on cost efficiency. Companies with the most efficient factories could outcompete their rivals and become market leaders. The twenty-first century firm is different. Competitive success now depends increasingly on product quality and innovation. These in turn hinge on a company’s intangible assets, such as its [...]
Living standards are finally recovering – but we ignore poor productivity at our peril March 4, 2015 The metamorphosis of Labour’s attack lines on the economy has been a sight to behold. In the early years of this Parliament, the party argued that spending cuts were being implemented “too far and too fast”. After that came the infamous “flat-lining growth” hand gesture, and finally the “cost of living crisis”. This latter criticism [...]
We can protect the City’s interests in Europe – and we now have the proof March 4, 2015 Wednesday 4 March 2015 could come to be seen as a defining moment in Britain’s relationship with the rest of the EU, and for Canada in particular. This is because of a ruling by the European Court of Justice (ECJ) yesterday, which upheld a vital British claim protecting the City from Eurozone [...]