The Edge

Richard Northedge takes on corporate finance

Archive for the ‘Business’ category

Bankrupts are a tourist the UK doesn’t need

The UK has become the magnate for libel tourism and the venue where foreigners settle their divorces, oligarchs argue commercial disputes and overseas visitors come for medical care. Britain really must not become the location of choice for international bankruptcy too.
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Small can be more beautiful than medium

SMEs are the backbone of the British economy – but why are the medium-size enterprises bracketed with the country’s small firms rather than the big corporations? Some small firms are sick of being grouped with the mediums – and the mediums want to move in with the large.
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Italy’s gain has to be Germany’s loss

EU president Manuel Barroso can now see the price of proposing a pan-eurozone bond to bail out the bankrupt nations. It has pushed up German bond yields.
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Minimum wage is the job barrier government should tackle

If the government was really reforming Britain’s employment laws it would abolish the minimum wage. When the supply of labour is greater than the demand, it is the price that ought to adjust, not the length of the dole queue.
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An offer Boots’ pensioners can refuse

Not many companies try to solve their pension problems by cutting workers’ retirement incomes. Well not blatantly, anyway. But step forward Boots the chemist.
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Business schools are expensive – but profitable

You wouldn’t think the country was hovering close to recession by the record number of businessmen queuing to pay fortunes to take an MBA. But when a first degree at an ordinary university costs £27,000, perhaps paying twice that to double your salary makes sense.
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The bus beats the internet for company reports

Reading through this short blog online is one thing: imagine ploughing through the 272 pages of BP’s annual report on a computer screen. In a victory for common sense and against technological overload, the corporate regulator has abandoned its plan to allow companies to rip up paper communication and rely on the web.
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Why don’t girls take business A-levels?

Nevermind whether more girls should take A-level physics, why aren’t they sitting business subjects? If girls don’t do economics or commerce at A-level they’re unlikely to read it at university, less likely to go into business, and are hardly going to be invited into the boardroom.
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The state shouldn’t rescue Southern Cross

If government can step in to rescue a bank, shouldn’t it intervene to ensure a care-homes business such as Southern Cross remains afloat? It’s not as simple as that.
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Let’s get flu deaths in context

Flu killed 602 people in Britain last winter. That’s 602 personal tragedies, but to put that in context, it is an extra couple of deaths a day during the season in a country where 2,000 die every day of other causes.
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