AFP: China restricts luxury advertising
BEIJING (AFP) – China’s capital has banned outdoor advertising that promotes hedonistic or high-end lifestyles as the government seeks to…
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Wealth
IFS: Wealthy households suffered during recession
A briefing note from the Institute for Fiscal Studies on living standards during the recession finds that the wealthiest 10…
ByWBrief: UK £5m+ population grows 19%
The number of people with £5 million (around $8.1 million) in the UK has grown by 19 per cent over…
ByLondon retains top spot as financial centre
In the biannual Global Financial Centres Index, London has retained the top spot, which it has held since the survey…
ByCiti head says banker-bashing making London untenable
David Poole, head of Citi Private Bank UK, told a wealth management conference today that ‘the popular habit of banker-bashing’…
BySpeechlys: Immigration changes benefit HNWs
Tracy Evlogidis, Partner at Speechly Bircham comments on the government’s announcement of changes to Tier 1 of the immigration cap…
ByWithers: What the Budget might hold
As businesses and individuals across the country wait to see what is in store for their financial affairs and the…
ByTchenguiz in Trouble
Somewhere along the line Robert had racked up losses of over ’1 billion when the stock market fell out of…
ByThe Master Builder
With the Arab Spring in full flower, a billionaire builder of several towns in the Middle East might be worried…
ByiCorrect, but iOughtn't
It is rare for a website to be both a hilarious tool of unintentional self-mockery and a legally useful aid,…
ByTEFAF: Art market 50% up in 2010
The global market for art and antiques recovered significantly in 2010 driven by a strong performance in the United States…
ByBob Psychology
A refutation of time and morality, a theatre of self-reinvention or just a place to get squiffy, gurn like a…
ByMalta to entice wealth managers with 15% tax rate
As part of a drive to attract new business talent to the island, the Maltese government is shortly to announce…
ByFriends, Romans, Shropshiremen…
When is a house a home? When you have Elizabethan actors declaiming on the lawn, obviously. I’VE DECIDED TO put…
ByEurope has too few billionaires, Russia too many
This year’s Forbes Billionaires list has revealed that the BRIC countries are producing an increasing number of billionaires. But if…
ByInvestors’ Fair Ups to 3 Times a Year
With banks shutting off the funding from innovative start-ups, despite promises to lend, private investors are stepping in more eagerly…
ByForbes Billionaires More Numerous, Richer
Despite the global downturn, HNWs are getting richer and more numerous. The Forbes Billionaires list for 2011 had a record-breaking…
ByScrewer and Screwee
The bankers are the screwer and the taxpayer is the screwee in these strange transactions. You might as well get…
BySaffery Champness: PETs to be put down
The inheritance tax review is likely to mean taxpayers lose the valuable exemption for potentially exempt transfers (PETs) that allowed…
ByWBrief: Schroders PB profits down
Schroders Private Banking reported a fall in pre-tax profits last year, to £10.1 million ($16.3 million) from £20.1 million the…
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