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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In 1987 ICI, one of the leading chemical conglomerates at the time, described its purpose as follows: ICI aims to be the world’s leading chemical company serving customers internationally through the innovative and responsible application of chemistry and related science. Through the achievement of our aim we will enhance (...)
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This is a talk given by Lord Griffiths of Fforestfach at an event organised jointly by the Centre for Character and Values at the Legatum Institute and Clifford Chance LLP. and Chaired by Christina Odone, Chair of the Centre. (May 9th 2016). I am a great admirer of Alasdair (...)
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This was a speech given at a reception for the New City Initiative hosted by the Lord Mayor of London, the Rt Honourable Lord Mountevans – July 7th 2016, Mansion House. To request a full copy of the Report please contact office@theceme.org May I, first of all, add my own thanks (...)
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It is often argued that taxation to promote the position of the poor is somehow a moral act on behalf of those that are better off and paying taxes to finance the transfers to those who are worse off. It is not. It is not an intrinsically moral act for (...)
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Sports Direct’s founder and Chief Executive, Mike Ashley has admitted to paying staff below the minimum wage. The consultancy firm Mckinsey & Co. has been found to have a ‘secretive’ £5bn proprietary investment fund for its partners and BHS, the high street retailer has filed for bankruptcy in a (...)
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This is an excerpt of a speech given at the GSM Annual Conference on the 12th May 2016. I would like begin by saying it is an absolute pleasure to be with you today. I was originally born in Timisoara but I have lived for most of my life in (...)
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