Lord Adonis has called for the chief executive of Tesco to resign. He argues that Tesco is using £585m of state aid in business rates relief to pay its shareholders a dividend of £635m. This is exactly the sort of false linkage that damages the case for ethical business. (...)
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There are beacons of light in this otherwise barren landscape that the West is going through. Yet they’re coming from places you might have not initially expected. Business has mobilised on an unprecedented scale to alleviate the fallout from the COVID-19 crisis – and it has done so voluntarily. (...)
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Steve Morris FRSA grew up in a family business. He argues that the model could provide some answers as we look at the future of capitalism. The experience of growing up in a family business shaped my life, although I didn’t realise it at the time. I learned so much (...)
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What constitutes a good business and what is the purpose of business are longer-term questions of interest that generate a great deal of debate and observation and upon which CEME will be publishing a fuller reflection later in the year. The COVID-19 crisis has brought to the fore multiple (...)
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This article was first published by Christian Today on 18 September 2019. It is a good question and thankfully it is one that Edward Carter has been wrestling with. I’m just back from a talk he gave to launch his book God and Competition and I’m buzzing with ideas and questions. For (...)
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A great title from Grant Thornton. Several hundred people came together to celebrate the vibrancy of London and its economy and to look to the future. The CEO of Grant Thornton, Sacha Romanovitch, introduced the occasion reminding us of the central place the London occupies in the world economy, yet (...)
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By most accounts the biggest business story of the week was Facebook’s Senate Enquiry on the issue of privacy and internal practices. I will keep things brief, but I do believe that there are some highlights and concluding thoughts that can be made from the ten-hour, two-day affair. For (...)
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I write in defence of Her Majesty’s Customs and Revenue! Intellectually I believe in tax incentives, a low tax economy, flexibility and so on. These, however, are matters of debate and policy upon which individuals may legitimately differ. Once a policy is set it is surely both reasonable and (...)
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It looks like this winter has not only brought us some harsh weather, but also a harsh reality check for the consumer industry. On Wednesday 28th February 2018 ‘Toys R Us’ UK collapsed into insolvency, leaving over 100-based UK stores facing foreclosure and over 3,000 staff with a big (...)
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Case Study 1 A friend of mine recently asked me about a possible investment in a bond returning 9%. He wanted to know if it was too good to be true. Almost certainly. I asked what other alternative rates he had researched – by and large these seemed to (...)
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First, welcome to the new weekly blog of the Centre for Enterprise, Markets and Ethics. We have published occasional blog posts in the past but from February 2018 we intend to publish a weekly blog, although exact timings may vary: – Reflecting on any relevant news stories – Establishing (...)
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