Alex Brummer on Business

A toast to the bosses who deserve high pay

By Alex Brummer, August 30, 2013

Critics of high pay in the boardroom have rounded on the former chief executive of Diageo, Paul Walsh.

Walsh, who led the spirits and beer giant for more than a decade, parted this year with a package of £14.8 m — the larger part of which was represented by bonuses in shares.

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Ocado bid for online supermarket sweep

By Alex Brummer, August 16, 2013

Britain has been a laggard in the the global battle to establish a leading internet company.

Shopping group Ocado, launched by three former executives at Goldman Sachs, is our only player.

But the company’s share prices have been on a roller coaster ride.

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Co-op overhaul could change political view

By Alex Brummer, August 4, 2013

Months after the Co-operative Bank’s financial difficulties were brought to our attention, the actual scale of the damage has been revealed to the public. As well as affecting the Bank, issues are likely to impact the whole Co-operative Group.

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A central element in the road to recovery

By Alex Brummer, July 21, 2013

Before the recession, central bankers were seldom seen and rarely heard.

But now they are taken on by governments to sort out the economic mess.

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Top job roles should be filled internally

By Alex Brummer, July 8, 2013

The appointment of Ian Livingston as the new trade minister at the House of Lords was a surprise.

Livingston, the former chief executive of the BT Group, has been credited with increasing the telecom giant’s fortune by cleaning-up services to global corporations and entering the pay TV market as a potential rival to BSkyB.

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Spread the wealth around the eurozone

By Alex Brummer, June 25, 2013

The German-led austerity programme for the peripheral eurozone states is patently failing.

The European Central Bank (ECB) may have stabilised markets by keeping the single currency afloat, but the credibility of the policy steps are seriously damaged by increasing debt and hardship faced by many countries.

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Spread the wealth around the eurozone

By Alex Brummer, June 23, 2013

The German-led austerity programme for the peripheral eurozone states is patently failing.

The European Central Bank (ECB) may have stabilised markets by keeping the single currency afloat, but the credibility of the policy steps are seriously damaged by increasing debt and hardship faced by many countries.

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Peace dividends of economic relations between Israelis and Palestinians

By Alex Brummer, June 12, 2013

Vstrained business affairs between Israel and the Palestinian territories have been highlighted by boycotts of Israeli companies — like West Bank-based drinks group, SodaStream.

Yet peace negotiators still believe that closer economic ties promote the goal of a two-state solution.

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Co-op crises shows regulator weakness

By Alex Brummer, May 27, 2013

Six million customers are likely to worry as the Co-operative Bank is struggling for independent survival.

The estimated £1.8 billion hole in the Co-op Bank’s balance sheet will test the City’s new, post-crisis regulatory regime.

But earlier this year the Co-op planned to expand by absorbing 631 branches discarded by the Lloyds Banking Group.

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Israeli technology a safe bet for gaming

By Alex Brummer, May 20, 2013

A childhood memory is ever present.

Watching a breed of burly “bookies” in loud plaid suits arrive at our Brighton synagogue on High Holy Days.

The involvement of Jewish figures in horse racing — otherwise known as the “sport of kings” — is a given.

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