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London After Brexit
GLOBAL CITIES London After Brexit BY RICHARD BARKHAM, Ph.D., CRE, DENNIS SCHOENMAKER, Ph.D., AND SIENA CARVER As a former imperial capital, London has had About the Authors global significance for about 300 years, but over the last 30, it has seen particular success. Although Richard Barkham, Ph.D., CRE, is a specialist in macro and real estate its global roles as a financial center and business economics. He joined CBRE in 2014 management hub are generally held up as the key as Executive Director and Global Chief reasons behind its success, there are many more Economist. Prior to taking up his position qualities that make London a pre-eminent global city. with CBRE, Richard was a Director of Research for the Grosvenor Group — an international business For some, the recent Brexit vote was a signal from the with circa $10 billion of capital under management in real estate. He rest of the country that London’s dominance needs to was also a non-Executive Director of Grosvenor Fund Management be kept in check, that the financial industry should where he was involved in fund strategy, risk analysis and capital not be given preferential treatment or incentives, raising. Richard is the author of two books and numerous academic and other industries and regional centers need to get and industry papers. In 2012 he published Real Estate and Globalisation (Wiley Blackwell, Oxford), which explains the a larger slice of the investment ‘pie.’ Seven months impact on real estate markets of the rise of emerging markets such as on, we are starting to see whether these effects will China and Brazil. -
COVID-19 Proxy Governance Update
COVID-19 Proxy Governance Update 2020 AGM mid-season review FROM EQUINITI 01 Looking back and planning ahead It is incredible to note that it has been over 12 weeks since the official announcement on 23 March of the UK Government’s Stay at Home Measures, and nearly seven months since the severity of the pandemic became apparent in China. Over the said period, PLC boards, company secretaries and investor relations officers have kept their corporate calendars going thanks to rapid adoption of modified regulatory guidelines and inventive modes of engagement with investors. With annual general meetings being an obvious highlight in the corporate calendar, we take stock of the progress made so far over the 2020 AGM season, as well as using what we learned to plan ahead. Now that we are over the first ‘hump’ with the busy period of May AGMs out of the way, we are readying for the second ‘peak’ of June and July AGMs, and then an ‘easing’ until the second ‘mini’ season in the early autumn. As such, in this update, we look at: • 2020 AGM season statistics…so far • Proxy adviser engagement and ISS recommendations review • High-level assumptions for Q3 and Q4 • Relevant updates from the regulators, industry bodies and proxy advisers • Communications in the COVID-19 world – special commentary by leading financial PR firm,Camarco • How has COVID-19 impacted activism – special commentary by international law firm,White & Case 02 2020 AGM Season Statistics…so far Scope of data To assess progress and forecast what is to come, we look at the key statistics for the UK AGM season 2020 thus far. -
Assigning Responsibilities in the Libor Scandal
1233 The Differential Management of Financial Illegalisms: Assigning Responsibilities in the Libor Scandal Thomas Angeletti How, in a context of growing critiques of financialization, can law contribute to protecting the legitimacy of finance? This paper argues that the assign- ment of responsibilities between individuals and organizations plays a deci- sive role, using the recent Libor scandal as an empirical illustration. To do so, the paper offers a Foucauldian framework, the differential management of financial illegalisms, dedicated to the study of illegalities in financial capi- talism. The comparison of the legal treatment of two manipulations of Libor, this key benchmark in financial markets, reveals how mid-level traders have been the object of criminal prosecution, while law undervalued the role of top managers and organizations. To capture how differential management is performed in practice, I analyze precisely how the conflict-resolution devices (criminal trial vs. settlement) and the social categorizations prevailing in the two manipulations of Libor favor different forms of responsibility, individual or organizational. I conclude by exploring the implications of law’s relation- ship to financial legitimacy. For more than a decade now, the financialization of capitalism (Krippner 2011; Van der Zwan 2014) has been the locus of many critiques. Financialization has been studied sufficiently to under- stand how much finance has invaded our daily lives (Martin 2002), without measuring necessarily fully its ramifications. The clear causality between the rise of wages in the financial sector and the rise in income inequality in the United Kingdom (Bell and Van Reenen 2013), the United States (Volscho and Kelly 2012), and France (Godechot 2012) has put the financial sector on the spot. -
Fidelity® Low-Priced Stock K6 Fund
Quarterly Holdings Report for Fidelity® Low-Priced Stock K6 Fund April 30, 2021 LPSK6-QTLY-0621 1.9883997.103 Schedule of Investments April 30, 2021 (Unaudited) Showing Percentage of Net Assets Common Stocks – 91.1% Shares Value COMMUNICATION SERVICES – 1.6% Diversified Telecommunication Services – 0.0% Verizon Communications, Inc. 2,636 $ 152,334 Interactive Media & Services – 0.1% Dip Corp. 24,518 677,504 QuinStreet, Inc. (a) 25,997 526,959 XLMedia PLC (a) 268,040 190,641 ZIGExN Co. Ltd. 54,118 197,576 1,592,680 Media – 1.5% AMC Networks, Inc. Class A (a) (b) 33,496 1,684,179 Comcast Corp. Class A 130,298 7,316,233 Corus Entertainment, Inc. Class B (non‑vtg.) 49,446 236,539 Discovery Communications, Inc.: Class A (a) (b) 145,589 5,482,882 Class C (non‑vtg.) (a) 310,153 10,021,043 Gray Television, Inc. 28,620 581,558 Hyundai HCN 211,755 859,684 Intage Holdings, Inc. 244,992 2,992,628 Legs Co. Ltd. 1,400 29,325 MSG Network, Inc. Class A (a) 45,058 715,070 Nexstar Broadcasting Group, Inc. Class A 2,261 333,294 Nordic Entertainment Group AB (B Shares) 56 2,600 Pico Far East Holdings Ltd. 1,820,216 321,032 Proto Corp. 14,723 156,539 Reach PLC 503 1,528 RKB Mainichi Broadcasting Corp. 2,889 161,513 Saga Communications, Inc. Class A 35,206 793,191 Sky Network Television Ltd. (a) 1,984,879 241,465 TechTarget, Inc. (a) 12,227 937,811 Tegna, Inc. 85,733 1,719,804 The New York Times Co. -
HVN Contract Leads
PLANS APPROVED TENDERS CONTRACTS Projects where Approved projects Approved projects detailed plans have that are at tender at main contract Opportunities been approved stage. awarded stage. but are still at Contract leads pre-tender stage. Midlands/East Anglia Client: Lightsource Renewable Energy STAFFORD £5.7M Common Road, Dunnington, York, Ltd Developer: Lightsource Renewable n Land adjacent to Jubilee YO19 5RZ Tel: 01904 481480 PLANS APPROVED Energy Ltd, 7 33 Holborn, London, Playing Fields, Main Road, ALFRETON £0.55M EC1N 2HT Tel: 0333 200 0755 Great Haywood RICHMOND £0.5M n 17 King Street Planning authority: Stafford Job: n The Old Cinema, Planning authority: Amber Valley Job: CONTRACTS Reserved Matters Granted for 76 houses 2 Queens Road Detail Plans Granted for 11 flats (con- BIRMINGHAM £5.95M Client: Miller Homes (East Midlands) Planning authority: Richmondshire version) Client: Hardwick Nominees n Land at corner of Holliday Agent: Miller Homes (East Midlands), 2 Job: Detail Plans Granted for 10 flats & 1 Ltd Developer: Dennis Rye Ltd, Mans- Street Granville Street Centro Place, Pride Park, Derby, DE24 shop (conversion) Client: Mr. D Garner field Road, Tibshelf, Derby, DE55 5NF Planning authority: Birmingham Job: 8RF Contractor: Miller Homes (East Developer: Malcolm Tempest Ltd, High Tel: 01773 872664 Detail Plans Granted for 119 flats Client: Midlands), 2 Centro Place, Pride Park, Parks, Newton-le-Willows, Bedale, DL8 Seven Capital Plc Agent: K4 Architects, Derby, DE24 8RF Tel: 08703 364400 1TP Tel: 01677 450777 CAMBRIDGE £1M -
The Unbelievable Story of an Awkward Maths Genius, A
<HELP> for explanation, <MENU> for similar functions LieBOR THE UNBELIEVABLE STORY OF AN AWKWARD MATHS 1) Tom Hayes (Trader) -10.12 GENIUS, A GANG OF BACKSTABBING 2) Tom's Brokers (Cabal) -66.69 BANKERS, AND THE 3) David Enrich (Author) 21.03 JOURNALIST WHO UNCOVERED ONE OF THE GREATEST SCAMS EVER TRIED IN 4) The Libor rigging scandal (Global Crisis) -176.12 FINANCIAL HISTORY Words by Joseph Bullmore The trader at the centre of the scandal: Asperger's sufferer Tom Hayes, currently serving an 11-year term in jail GENTLEMAN’S JOURNAL FEATURES 77 he Libor is the most important number in the world. It’s also probably the they didn’t raise suspicions harems of escorts – and often all five in com- THE How they did it... THE most boring. A single figure that underpins modern capitalism, the Libor (or SCAM among their managers, while EXCESS bination. Some stories were too salacious to T London Interbank Offered Rate) is the theoretical rate at which banks will their managers would invariably Trader 1: make the final edit. ‘This one broker – he lend to each other – the price, essentially, of borrowed money. The magazine you turn a blind eye in the face of ‘What's the call called himself Danny the Animal – was brag- hold in your hands at this very moment is drenched in Libor – it soaks through the ‘The thing about Tom is he’s very literal – no healthy profit spikes. (‘Where on the Libor?’ ‘At a certain point during my in- ging about how he’d stocked a boat in the credit card you used to pay for it, the price of printing ink, the mortgage overheads sense of sarcasm or subtlety,’ Enrich tells me. -
Spring Retail Report 2014
Spring Retail Report 2014 Continued Confidence Crucial Introduction by Graham Chase Who Turned The Switch? In-Town Agency Evolution not Revolution Out-of-Town Agency Prime & Dominant Secondary Assets On The Up Retail Investment PACT - Better The Devil You Know... or Why The Devil Not? Professional Convenience is King Superstores and Supermarkets Localism or Free For All? Planning Who’s who at C&P Key Contacts 01 Contents “The biggest scandal 03 Continued Confidence Crucial affecting retail Introduction by Graham Chase property has been 07 Who Turned The Switch? the Government’s In-Town Agency decision to delay 13 Evolution not Revolution the rating valuation, Out-of-Town Agency creating significant 19 Prime & Dominant Secondary Assets On The Up inequalities and Retail Investment unfairness on 25 PACT - Better The Devil You retail businesses. Know... or Why The Devil Not? The recession and Professional downturn in trade 29 Convenience is King has ravaged various Superstores and Supermarkets parts of the 35 Localism or Free For All? country, particularly Planning those outside of the 39 Who’s who at C&P South East.” Key Contacts Continued Confidence Crucial Introduction by Graham Chase Spring Retail Report 2014 Introduction by Graham Chase Continued Confidence Crucial Introduction 03 Return to Contents Confidence in any market is a crucial ingredient for a positive approach. The retail property sector craves confidence more than most, for it is the consumers and their expenditure that drives this significant and important component of the UK’s economy forward. Confidence Returns in their share price above the FTSE 100 average. Further, the number of published For the first time since the middle of 2007, requirements by retailers reflects expansion some seven years ago, there are clear signs across the board. -
Building Excellence
Barratt Developments PLC Building excellence Annual Report and Accounts 2017 Annual Report and Accounts 2017 Inside this report 1 45 113 175 Strategic Report Governance Financial Statements Other Information 1 Key highlights 46 The Board 114 Independent Auditor’s Report 175 KPI definitions and why we measure 2 A snapshot of our business 48 Corporate governance report 119 Consolidated Income Statement 176 Glossary 4 Our performance and financial highlights 60 Nomination Committee report 119 Statement of Comprehensive Income 177 Other Information 6 How we create and preserve value 65 Audit Committee report 120 Statement of Changes in 8 Chairman’s statement 74 Safety, Health and Environment Shareholders’ Equity – Group 10 Key aspects of our market Committee report 121 Statement of Changes in 76 Remuneration report Shareholders’ Equity – Company 12 Chief Executive’s statement Notice regarding limitations on Directors’ liability under 106 Other statutory disclosures 122 Balance Sheets English law 17 Our Strategic priorities Under the Companies Act 2006, a safe harbour limits the 112 Statement of Directors’ 123 Cash Flow Statements liability of Directors in respect of statements in, and omissions from, the Strategic Report contained on pages 1 to 44 and the Our principles Responsibilities 124 Notes to the Financial Statements Directors’ Report contained on pages 45 to 112. Under English Law the Directors would be liable to the Company (but not to 34 Keeping people safe any third party) if the Strategic Report and/or the Directors’ Report contains errors as a result of recklessness or knowing 35 Being a trusted partner misstatement or dishonest concealment of a material fact, 36 Building strong but would not otherwise be liable. -
PRCA Public Affairs Register: Consultancies – September to November 2013
PRCA Public Affairs Register: Consultancies – September to November 2013 Aardvark Communications Office(s) address: 843 Finchley Road London NW11 8NA Tel: 07779 102 758 Email: [email protected] List of employees that have conducted lobbying services: Richard Ellis List of clients for whom lobbying services have been provided: Advantage42 Aiken PR Office(s) address: 418 Lisburn Road, Belfast, BT9 6GN Tel: 028 9066 3000 Fax: 028 9068 3030 Email: [email protected] (office manager) List of employees that have conducted lobbying services: Claire Aiken Lyn Sheridan Shane Finnegan Patrick Finlay List of clients for whom lobbying services have been provided: McDonald’s Diageo APCO WORLDWIDE Office(s) address: 90 Long Acre, London, WC2E 9RA Tel: 020 7526 3620 Fax: 020 7526 3699 Email: [email protected] Website: http://www.apcoworldwide.com/uk List of employees that have conducted lobbying services: Adrian Edwards Alex Clackson Anjali Jingree Alexandra Bigland Alfred von Stauffenberg Ben Steele Bridget Taylor Charlotte Higgo Chris Genasi Christopher Steel Claire Laurence Daniella Lebor Danielle McGuigan David Clark Edward Bird Edward Walsh Elise Martin-Davies Emma Putt Fiona Funke Francis Mote Graham Ackerman James Acheson-Gray Jessica Sullivan Joanne Milroy John Roberts Jolyon Kimble Jenny Runnacles Keir Ferguson Laure Stein Lidia Borisova Lionel Zetter Magdalen Bush Maria Lavrova Martin Sawer Matthew Bostrom Megan Wanee Melis Ogutcu Michael Burrell Phoebe Judd Roger Hayes Rupert Davis Sara Cruz Stephanie Lvovich Thomas Eymond-Laritaz Tom Quayle William Browne William Wallace List of clients for whom lobbying services have been provided: A.I.S.E asbl Arison Investments Ltd Bangko Sentral ng Pilipinas British Association Pharmaceutical Wholesalers (BAPW) BlackBerry Butler Snow PLLC Church of Jesus Christ of the Latter-day Saints Constellium Credit Suisse Cruise Line International Association Danaher UK Industries DEK International DePuy International Dow Corning Dynex S.A. -
1000 Companies to Inspire Britain 2016
1000 1000 COMPANIES TO INSPIRE 1000 COMPANIES TO INSPIRE 2016 BRITAIN BRITAIN 2016 Our sponsors www.1000companies.com 1000 COMPANIES TO INSPIRE 2016 BRITAIN London Stock Exchange Group Editorial Board Tom Gilbert (Senior Press Officer); Ed Clark (Press Officer); Alexandra Ritterman (Junior Press Officer) Contents Wardour Led by Claire Oldfield (Managing Director) and Ben Barrett (Creative Director) 72 Marcus Stuttard The team included: Lynn Jones (Art Director); Joanna Lewin (Editor) and Wardour editorial; Forewords 5 Xavier Rolet Head of UK Primary Markets and Head Charlotte Tapp (Project Director); CEO, London Stock Exchange Group of AIM, London Stock Exchange Group John Faulkner and Jack Morgan (Production) 10 Ian Stuart 73 Sherry Coutu CBE Co-Founder, Scale-Up Institute Wardour, Drury House, 34–43 Russell Street, UK and European Head of Commercial Banking, HSBC 81 Terry Scuoler London WC2B 5HA, United Kingdom CEO, EEF The Manufacturers’ Organisation +44 (0)20 7010 0999 12 Stephen Welton CEO, Business Growth Fund 90 Tim Hames www.wardour.co.uk 14 Jim Durkin Director General, British Private CEO, Cenkos Equity & Venture Capital Association 16 Allister Heath 102 Jenny Tooth OBE Deputy Editor and Deputy Director of Chief Executive, UK Business Angels Association Pictures: Getty Images, iStock, Gallerystock Content, The Telegraph 17 Justin Fitzpatrick 113 Carolyn Fairbairn All other pictures used by permission Co-founder and COO/CFO at DueDil Director-General of the CBI Cover illustration: Adam Simpson 121 Mike Cherry Research findings -
Annex F –List of Consultees
ANNEX F –LIST OF CONSULTEES Local highway authorities Leicester City Council Barnsley Metropolitan Borough Council Leicestershire County Council Bath & NE Somerset Council Lincolnshire County Council Bedfordshire County Council Liverpool City Council Birmingham City Council Local Government Association Blackburn & Darwen London Borough of Barking & Dagenham Blackpool Borough Council London Borough of Barnet Bolton Metropolitan Borough Council London Borough of Bexley Borough of Poole London Borough of Brent Bournemouth Borough Council London Borough of Bromley Bracknell Forest Borough Council London Borough of Camden Bradford Metropolitan Borough Council London Borough of Croydon Brighton and Hove City Council London Borough of Ealing Bristol City Council London Borough of Enfield Buckinghamshire County Council London Borough of Greenwich Bury Metropolitan Borough Council London Borough of Hackney Calderdale Metropolitan Borough Council London Borough of Hammersmith and Cambridgeshire County Council Fulham Cheshire County Council London Borough of Haringey City of York Council London Borough of Harrow Cornwall County Council London Borough of Havering Corporation of London London Borough of Hillingdon County of Herefordshire District Council London Borough of Hounslow Coventry City Council London Borough of Islington Cumbria County Council London Borough of Lambeth Cumbria Highways London Borough of Lewisham Darlington Borough Council London Borough of Merton Derby City Council London Borough of Newham Derbyshire County Council London -
Becoming Collaborative: Enhancing the Understanding of Intra-Organisational Relational Dynamics
BECOMING COLLABORATIVE: ENHANCING THE UNDERSTANDING OF INTRA-ORGANISATIONAL RELATIONAL DYNAMICS by Eloise Grove A Doctoral Thesis submitted in partial fulfilment of the requirements for the award of the Engineering Doctorate (EngD) degree, of Loughborough University July 2018 © by Eloise Grove (2018) Centre for Innovative and Collaborative Engineering (CICE) Department of Architecture, Civil & Building Engineering Loughborough University Loughborough Leics, LE11 3TU Acknowledgements ACKNOWLEDGMENTS I would first like to thank all the people at my Sponsoring organisation who have participated directly and indirectly in this research over the years. Not only have you provided me with the valuable material necessary but you have offered friendship that has made your place of work such an enjoyable place for me to be. Your candid contributions never cease to amaze me and for your trust I am truly grateful. Thanks to my supervisors at Loughborough University for their words of wisdom and encouragement. I’ve been connected to the School of Architecture, Building and Civil Engineering on and off since 2008. Whilst I’ve never been permanently based there I have always felt like I belong. I therefore extend this thanks to the wider team at ACBE – you make it a special place to learn. Thank you to all my industrial supervisors (there have been many) for their guidance, with special thanks to Lisa for, in her words, being the best industrial supervisor in the history of industrial supervisors. She’s kind of a big deal. For the hours upon hours of proof reading, not only throughout the years of this study but for all the homework, assignments, applications and papers that have got me to this stage in my life.