We quite simply cant get enough of our fantastic city of London. There are so many great perks about having London as your business’s mailing address – but we felt that we would give you five reasons as to why we feel London is quite simply the place to be Continue reading
Speaking recently at a seminar in New York, Mayor Michael Bloomberg said that he believes London, not Silicon Valley, to be NYC’s closest rival when it comes to hi-tech start-ups:
“Our competition is only going to be in other cities that have similar kinds of characteristics and the city that comes to mind is London”
Old Street roundabout (also known as Silicon roundabout), situated just a few minutes walk from our office, is now considered the tech start-up hub of the UK with companies such as Moo, Moshi Monsters and Last.fm all being based around the area.
An ideal time to have a London Presence then!
Brought to you by Mathew Aitken at …
For the start-up onwards. We provide services that make business simple: Company Formations, Virtual Offices, Company Credit Reports & more.
— MadeSimpleGroup (@MadeSimpleGroup) August 14, 2013
Good morning and welcome back. Today we’ll avoid the news from the Stock Exchange and from the present economic forecast, and instead draw attention the main events of this week in London.
28th October – the banks will appeal a ruling that the Office of Fair Trading had the power to challenge their fees for unauthorised overdrafts.
1st November – the Competition Commission gives its provisional view on Kangaroo, the proposed multi-broadcaster video-on-demand service that will join BBC, ITV and Channel 4, allowing Google and Apple to become dominant Media Businesses.
25th October-22nd March – The Royal Academy hosts the Exhibition Byzantium 330 – 1453, 1,000 years of history, 300 objects.
30th October – Danny Boyle’s Slumdog Millionaire will close The Times BFI 52nd London Film Festival.
31st October – Daniel Craig returns for the second time as James Bond in Quantum of Solace.
The sun appears to be breaking through after the storm that hit the financial market last week. The London Stock Exchange has continued to increase its value after the G8 Meeting of Sunday. France, Spain, Italy, Germany, Austria, Finland, Sweden, Australia, New Zealand, Indonesia, India, South Korea, Japan and Qatar all took measures to guarantee deposits and improve bank liquidity, showing an encouraging recovery for markets across the world.
The governments committed trillions of dollars to stop the collapse of the financial system, a measure that appears to have been successful so far. The decision of the American Treasury will provide a wide variety of banks with $250bn (£143bn). However, whilst a renewed confidence this week underlines how the collapse of the markets last week was the result of a common fear, we’re far from clear of danger.
Here some news about the Markets from:
- the Timesonline.co.uk,
- the BBC.co.uk,
- the Guardian.co.uk.
From this market volatility we must learn how the collaboration and the union can help business – every business, including your own.
The panic is spreading worldwide: the slump of every stock market can take the global economy into a deep recession. After Wall Street fell to a five-year low last night with the Dow Jones closing at 7.3% down, the day started very badly in Asia, where Singapore slid into recession, and quickly spread to Europe. In London, the FTSE 100 plunged more than 10% in the first 30 mins of trading.
What will happen in Wall Street today? And in Europe?
What does ‘recession’ mean? And what does it mean for your business and for your livelihood?
Here is a quick press review for you:
BBC News : Fear grips global stock markets
Reuters : Global rout, bank woes roil Wall Street
Guardian : Markets crash: How panic spread around the globe
Timesonline.co.uk : Wall St shares plummet, following London and Asia, as G7 gathers
Bloomberg : Most U.S. Stocks Decline on Credit Crisis; Regional Banks Gain
UK interest rates cut by 0.5% as US Federal Reserve leads co-ordinated effort across the world to restore economic confidence. In this catastrophic period for financial markets and particularly after the disastrous events of Monday, people are questioning the safety of their savings, pensions and nest-eggs.
So let’s have a look at which is the best bank for you and your business, taking in to account the recent turn of events. On this page you can find a form with the main UK bank accounts that compares and applies 40 UK bank accounts, savings, current accounts and ISAs.
Made Simple Group provides you with 5 banking and special services for start-up businesses: check here tomorrow for all the details!
After a terrible day for worldwide economic stability, banks and governments are taking steps to try and save their country’s businesses from feeling the effects of the ‘credit crunch’. National banks mint more money and Finance Ministers work on new rules to control and protect the savers and the investors.
Many are calling for an official statement on the crisis today, feeling that this latest fall in bank shares is juts the latest chapter in a seemingly endless economic downturn.
Here is our selection of some of today’s essential Business headlines.
- Panic swept through the world’s financial markets yesterday, wiping $2.5 trillion from share values, amid concern that regulators and politicians were struggling to get a grip on the worsening crisis of confidence. [Timesonline.co.uk]
- The really urgent issue is the breakdown of wholesale markets, and the increasing difficulty that almost all banks are having in funding themselves on a day-to-day basis. [BBCNews]
- After the worst day’s trading in over 20 years, analysts had hoped for a relief rally, with speculation growing of concerted central bank action on global interest rates. … Yesterday £93bn was wiped off the FTSE 100 as the leading index plunged by 391.1 points – its third worst daily decline in percentage terms ever. [Guardian.co.uk]
- Iceland sought a 4 billion-euro ($5.43 billion) loan from Russia, pegged the slumping Kroner to a basket of currencies and took control of its second biggest bank to stem a collapse of the financial system. [Bloomberg.com]
A significant element in growing a business is to attend events, conferences and exhibitions; Ideal for networking, it also gives you a chance to assess your competition and find new ideas and solutions. Meeting colleagues and people who deal in your field is very important for the success of your business: it makes for good public relations. Every week London and all of England offer new events aimed at different aspects of business.
In Yorkshire for today and tomorrow there is the Business North West; an event designed for company directors and entrepreneurs who run small and medium-sized businesses in England. It’s an important event to provide thousands of small businesses with information, advice and inspiration whilst offering several seminar programmes to provide training within a networking environment.
In London, on Wednesday 15th of October, the International M&A conference will be held in the prestigious Sofitel London St James: it will examine the benefits and practice of running a business abroad. Experienced speakers will look at all aspects of cross-border deal-making, from finding initial targets to post-acquisition integration.
To find out more about the next business events have a look at the main venues for these events in tomorrow’s post!