Lloyds’ Antonio Horta-Osorio has a dig at economists at Institute of Chartered Accountants event

first_img Tags: Company Lloyds Banking Group Antonio Horta-Osorio knows how to play an audience. At last night’s Institute of Chartered Accountants event at KPMG, the Lloyds boss charmed the accountants in the room… by throwing economists to the lions. “Sadly I’m not an accountant myself,” he started “But I’ve never let that hold me back!“To be fair though, it’s probably better than being an economist, a profession that has, or so I’m led to believe, been defined as ‘someone who didn’t have enough personality to become an accountant’.”It was a line bound to have the accountants in the room giggling at their own humorous superiority. But it got The Capitalist thinking, what would the economists working for Horta-Osorio make of his gag? We rang chief economist at Lloyds Trevor Williams, to get his thoughts. Having regaled him with Horta-Osorio’s line about the definition of an economist we were greeted to a long and hearty laugh down the phone from Williams. Looks like the pair will still be good pals this morning after all. Show Comments ▼ Tuesday 21 October 2014 8:40 pm Lloyds’ Antonio Horta-Osorio has a dig at economists at Institute of Chartered Accountants event Gabriella Griffith whatsapp Share Read This Next’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapRick Leventhal to Exit Fox News Just as His Wife Kelly Leaves ‘RealThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap’In the Heights’ Underwhelms at Box Office With $11.4 Million DebutThe Wrap’Greenland’ Sequel Set With Gerard Butler, Morena Baccarin to ReturnThe WrapKayleigh McEnany Says She ‘Never Lied’ as White House Press SecretaryThe WrapJason Whitlock, Former ESPN and Fox Sports Reporter, Resurfaces at BlazeThe Wrap4 ideal Zion Williamson trade scenarios from the New Orleans PelicansSportsnaut whatsapplast_img read more

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Islamic banking UK: Islamic Bank of Britain re-branded to Al Rayan Bank as number of non-Muslim investors grows

first_img Share The Islamic Bank of Britain has unveiled plans to change its name to Al Rayan Bank, as it aims to increase its presence in London and acquire a wider range of customers. It will also update its logo and all other aspects of its brand identity across its website and UK branches. As long as shareholders approve, the new identity will be introduced in December this year.  The IBB, which was set up in 2004, remains the UK’s only sharia-compliant retail bank and has developed the largest range of related retail financial products in the UK. Earlier this year, it was acquired by Masraf Al Rayan (MAR) – the fifth largest Islamic bank in the world and the second largest in Qatar.  As it enters its second decade of existence, the bank hopes to see through ambitious expansion plans, particularly in London where its commercial and GCC operations will be based. It has £100m of capital investment from its new parent company. It will focus on corporate and real estate finance, and hopes to continue attracting a wide range of customers. The bank estimates that nearly 83 per cent of customers who opened a deposit account the bank between January 2013 and August 2014 were non-Muslim.  Sultan Choudhury, CEO of IBB said, “IBB has pioneered British retail Islamic banking over the last 10 years, achieving global recognition for its outstanding successes.  The change to Al Rayan Bank represents the latest chapter in the Bank’s history, in which it will expand its retail and commercial product offering to a wider audience, with the backing of a strong and successful parent.” The Bank will continue to operate as a UK regulated bank, and customers’ deposits will remain protected by the Financial Services Compensation Scheme.  The new logo will be introduced at the end of the year (Source: Islamic Bank of Britain) Sarah Spickernell by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure Solution whatsapp Islamic banking UK: Islamic Bank of Britain re-branded to Al Rayan Bank as number of non-Muslim investors grows center_img whatsapp Thursday 23 October 2014 10:49 am Tags: Terrorism More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comConnecticut man dies after crashing Harley into live bearnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com Show Comments ▼last_img read more

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Topshop comes over all destiny‘s styled

first_img whatsapp Monday 27 October 2014 9:18 pm Show Comments ▼ Share Express KCS Sir Philip Green and popstar Beyonce are to embark on a joint venture producing a global athletic streetwear collection under a company called Parkwood Topshop Athletic. The brand, which will include clothing and footwear, will be launching in the later half of 2015. whatsapp Topshop comes over all destiny‘s styled More From Our Partners Fans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comFort Bragg soldier accused of killing another servicewoman over exthegrio.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comKansas coach fired for using N-word toward Black playerthegrio.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com Tags: NULLlast_img read more

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Conservatives hit back in debate over promise of EU referendum

first_img Kate McCannKate McCann is a reporter at City A.M. She covers politics and insurance and can be contacted at [email protected] whatsapp Monday 10 November 2014 8:39 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTele Health DaveRemember Pierce Brosnan’s Wife? Take A Deep Breath Before You See What She Looks Like NowTele Health DaveThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailPost FunGreat Songs That Artists Are Now Embarrassed OfPost FunMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekWarped SpeedCan You Name More State Capitals Than A 5th Grader? Find Out Now!Warped SpeedEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity Mirror Senior Tories yesterday hit back at critics of the party’s promise of an EU referendum. Prime Minister David Cameron denied the move would create business uncertainty, as suggested by Labour leader Ed Miliband, telling the Confederation of British Industry’s annual conference that the idea is unfounded.  And striking back at the Labour leader in an article for City A.M. this morning, Conservative party chairman Grant Shapps wrote that Miliband “is so frightened of the voters, he won’t even use the word “referendum” in his own article on this very subject”. Praising the coalition’s record on the economy and exports, Cameron said there is no uncertainty around the vote in 2017, but warned that staying in Europe at all costs was a bad idea.  “Simply standing here and saying, ‘I will stay in Europe, I will stick with whatever we have, come what may’ is not a plan. It is not a strategy, it will not work,” he said. Sir Mike Rake, president of the CBI, appeared to criticise Cameron’s decision to call a referendum, and warned: “Do not be fooled: by withdrawing from Europe we do not somehow become more open to trade elsewhere; instead we turn inwards, going against the grain of an increasingly connected world.” Charles Rolls, co-founder of Fever Tree drinks appeared to echo this view, telling the conference: “I think it is a no-brainer. We have easy access to the most fantastic market. I hate this idea that we would be better off without it [Europe].”  Share Show Comments ▼ whatsapp Conservatives hit back in debate over promise of EU referendum Tags: Brexitlast_img read more

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Best of the Brokers for 14 November 2014

first_img Read This Next’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe WrapRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Crazy Rich Asians’ Director Wishes He Made South Asian Roles ‘More Human’The Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap whatsapp To appear in Best of the Brokers, email your research to [email protected] OILWesthouse Securities upgraded its rating from “add” to “buy”. The broker said that although the market had “punished” Tullow for a disappointing run in exploration, Tullow has assets that could “potentially deliver top tier production and cash flow growth in coming years”.VODAFONEBesi reiterated its “sell” rating despite a positive second quarter update. The broker said it remained concerned about the threat of disruptive competition in a number of Vodafone’s markets, including the UK, and noted that the recent results “did little to assuage these fears”. Tags: NULL Best of the Brokers for 14 November 2014 Thursday 13 November 2014 8:31 pm whatsapp Show Comments ▼ Express KCS Sharelast_img read more

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Amazon and Hachette give up their pricing war – just in time for Christmas

first_img Emma Haslett Amazon and Hachette give up their pricing war – just in time for Christmas More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com whatsapp Share It’s a brave brand that takes on the might of Amazon – but US publisher Hachette gave it a good go, arguing that it should have control over the price of its ebooks.The battle was keenly observed by fellow publishers, not least because underneath, they were grumbling about the same thing. But it looks like the pair have buried the Hachette (sorry), ammouncing a “multi-year agreement” for Hachette’s ebook and print sales.Amazon had wanted all ebooks to be priced below $9.99 because, according to its research, that price point drove sales up by 74 per cent. Hachette, on the other hand, had argued that it was up to it how much ebooks sold for.It looks like both sides got their way: while Hachette will set prices, the new agreement includes “financial incentives for [the publisher] to deliver lower prices”, said David Naggar, Amazon’s Kindle vice president.Michael Pietsch, Hachette’s chief executive, was also happy: “The new agreement will benefit Hachette authors for years to come”.Conveniently, this outpouring of adoration has come just in time for the festive season – in particular, Black Friday and Cyber Monday, the two biggest shopping days of the year. Last year, the online retailer’s UK division reported 4.1m sales during Cyber Monday, which usually falls around the first week of November or the first week of December.  Show Comments ▼ Thursday 13 November 2014 12:16 pm Tags: Amazon whatsapplast_img read more

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Atkins restates confidence for future despite drop in revenue

first_img Share ENGINEERING firm Atkins yes­ter­day reported a 9.2 per cent drop in revenue for the six months to Sept­ember 2014, down to £831m from £915m in the same period of 2013.Profit before tax also took a hit, dropping 28.8 per cent from £54.8m to £39m. However, Uwe Krueger, chief executive at Atkins, pointed to the underlying results, which showed a two per cent increase in revenue excluding the effects of currency, acquisitions and disposals. Krueger highlighted the company’s disposal of construction business Peter Brown last year as having an effect on this year’s numbers. “With like-for-like comparisons, the numbers are very good,” he said.The firm upped its dividend by 4.8 per cent, a move Krueger said “signals the confidence that we have in our future”.He added: “We would say we are in line with market expectations, and those are pretty good.” Show Comments ▼ whatsapp Atkins restates confidence for future despite drop in revenue Tags: Atkins (WS) Company whatsapp Caitlin Morrison Thursday 13 November 2014 8:43 pm More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org last_img read more

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EU symbolically casts a vote for Google to split

first_imgThursday 27 November 2014 9:16 pm THE EUROPEAN parliament yesterday overwhelmingly supported a motion yesterday to have anti-trust regulators break up the popular internet search engine Google by a margin of 384 to 174. The body has no power to break up the net giant, but the vote will send out a clear message about whether politicians want regulators to take a tough line.The vote was proposed by European Parliament members Andreas Schwab, a German conservative, and Ramon Tremosa, a Spanish liberal.“In case the proceedings against Google carry on without any satisfying decisions and the current anti-competitive behaviour contin­ues to exist, a regulation of the dom­inant online web search should be envisaged,” Schwab and Tremosa said in a statement.The vote raises pressure on Margrethe Vestager, the bloc’s recently installed competition commissioner, to speed up a decision on whether to bring formal antitrust charges against Google. That inquiry, begun in 2010, in­volves Google’s dominant position in Europe’s internet search business, and asks whether the company’s search results favour other Google-related services and whether it impedes its competitors’ search-advertising platforms.Vestager, a Danish free-market liberal, replaced Joaquín Almunia, who started the antitrust probe. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryHero WarsThis game will keep you up all night!Hero WarsMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailThe Chef PickElisabeth Shue, 57, Sends Fans Wild As She Flaunts Age-Defying FigureThe Chef PickFungus EliminatorIf You Have Toenail Fungus Try This TonightFungus EliminatorUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive SupplementElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald Show Comments ▼ More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgConnecticut man dies after crashing Harley into live bearnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com Sharecenter_img whatsapp EU symbolically casts a vote for Google to split Tom Beck whatsapp Tags: NULLlast_img read more

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Xiaomi could be worth more than Uber, Twitter, LinkedIn and Netflix after $1bn investment round

first_imgMonday 22 December 2014 5:24 am Xiaomi could be worth more than Uber, Twitter, LinkedIn and Netflix after $1bn investment round whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeHero WarsThis game will keep you up all night!Hero WarsMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive SupplementElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramFungus EliminatorIf You Have Toenail Fungus Try This TonightFungus EliminatorEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity Mirror Share whatsapp A Beijing-based company which has become the world’s third-largest smartphone maker in the space of four years is now said to be worth more than the likes of Uber, Twitter, LinkedIn and Netflix after its latest funding round.Xiaomi has raised $1bn (£640m) from a host of investors, valuing the firm at more than $45bn, according to the Wall Street Journal, making it one of the highest valued startups in the world. It surpasses the Uber’s recent $40bn valuation, as well as a host of well-known publicly listed tech companies such as Twitter, with a market cap of $23.5bn, LinkedIn at $29bn and Netflix at $20.5bn. It’s also hot on the heels of giants such as Yahoo, with a market cap of $48bn.The company is said to have received capital from All-Stars Investment, a fund run by former Morgan Stanley analyst Richard Ji, Russian firm DST Global, the Singapore sovereign wealth fund GIC, and Yunfeng Capital, a private equity firm affiliated with Jack Ma of Alibaba, the report said.Xiaomi became the world’s third largest smartphone maker behind Samsung and Apple the latest smartphone shipment data from IDC revealed in October, and earlier this year overtook Samsung to become China’s largest smartphone maker.The firm has come to dominate its home market and other emerging markets with its high-quality low-priced handsets where others, such as Apple with the 5C model, have failed to make an impression on China’s huge population. Show Comments ▼ Lynsey Barber Tags: LinkedIn Twitter Uberlast_img read more

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City warns of triple threat to its future as European immigration tensions mount

first_imgBoris Johnson and businesses across London are on a collision course with the government over European immigration, as a new report warns that turning away talented workers will hurt Britain.Increasingly harsh anti-immigrant and anti-EU rhetoric is putting talented European and global workers and entrepreneurs off coming to the UK, according to the report from London First and the London Enterprise Panel (LEP), which also said that unaffordable housing is taking its toll on the city’s growth. Mayor of London Boris Johnson commissioned the report to help plan for London’s future economic needs. Johnson also chairs the LEP, which welcomed the conclusions.By contrast, home secretary Theresa May plans to crack down on foreign students staying in the UK after graduating, and the Tories and Labour have made cutting immigration a key part of their election campaigns.“London has already established a unique position as the global hub for talent, business, finance and global visitors, however this could be put at risk by national policy on both immigration and Europe,” the report said.“London has an opportunity to establish itself as a global capital for technology, creativity and entrepreneurship, but to gain maximum economic benefit it needs to address the gaps in skills and funding that make it challenging for businesses to grow.”The report called for easier access to post-study visas for potential entrepreneurs; a fast-tracked system for high-growth firms to hire foreign workers with the skills they need; more co-ordination with the Schengen zone to make it easier for Chinese workers to come to the UK; and a more welcoming outlook and easier system for student visas.Instead of fearing migrants and blocking their routes into the UK, London First’s John Dickie said the rise of migration reflects the UK’s strengths. “If we are to remain Europe’s business capital, we need to be open to the people of Europe to come to the capital,” he said.“It is a consequence of the success of London that the people of Europe want to come here.”He called for the number of homes built in London each year to double from below 30,000 to more than 50,000. Without action to boost the supply of housing, UK and foreign workers alike risk being priced out of the capital, holding back economic growth even further, he added.Other business groups backed the report.“London needs access to the most highly skilled individuals from across the world to maintain its position as one of the leading global centres for business and finance,” said Edwin Morgan from the Institute of Directors.“The development of new industries will be held back, or simply happen elsewhere, if we don’t have a sensible visa system for internationally-mobile talent.”And the London Chambers of Commerce and Industry backed the call for easier visa rules.“Although only a small proportion of businesses employ non-UK staff, those that do are seeking skills and experience that are in short supply in the domestic labour market,” said the LCCI’s chief Colin Stanbridge.“We must up-skill our workforce to ensure that firms have access to the skills they need to compete. It is also imperative that visa restrictions are relaxed to make it easier, and cheaper, for firms to recruit staff from overseas to fill the skills gap that exists.” Tags: UK immigration whatsapp More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com Show Comments ▼ City warns of triple threat to its future as European immigration tensions mount Share Sunday 4 January 2015 11:34 pm whatsapp Express KCS last_img read more

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