Economics

Berlin state finally hands over cash to community

By Toby Axelrod, July 10, 2013

Berlin’s Jewish community coffers are to be refilled for now, thanks to a court order delivered late last month.

An administrative court decided that the Berlin State Senate had no right to withhold payment of its regular subsidy to the community; accordingly, around 1 million euros (£8m) has now been released.

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Should Israel export its natural gas?

By Sandy Rashty, July 8, 2013

Israel has made headlines with its uncovered wealth of natural gas. The fields, which hold 900bcm of natural gas, will impact citizens’ lives and boost the political and economic bargaining power of the Jewish state, according to a leading energy expert.

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Social media could affect your firm

By Jonathan Abrams , July 1, 2013

A survey by YouGov showed that only one in eight small businesses turn to a solicitor to solve a legal problem. As a lawyer, I find this shocking, so here are my top 10 tips on managing your business, media and the law.

1. TWITTER DON’TS

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The tech-smart millennial group

By Anna Sheinman, June 17, 2013

The Millennials, or 18-to-30-year-olds, are taking up ever more important roles in the workplace — but for many businesses they remain a mystery.

Demonstrating just how important they are, last week business leaders filled London’s Royal Opera House for a conference on millennials co-hosted by the Financial Times and Spanish telecoms group Telefonica.

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Honoured at British Israeli Business dinner

By Sandy Rashty, June 13, 2013

A leading industrialist and a British investment firm were recognised for their work in promoting trade between Britain and Israel this week.

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Record surge in Israel-UK trade

By Sandy Rashty, June 13, 2013

Trade between Britain and Israel rose by 21.9 per cent year-on-year between the first quarter of 2012 and 2013.

And despite the vociferous boycott campaign, imports from Israel rose by 55.6 per cent in the same period.

The figures released by the Central Bureau of Statistics in Israel show a £170 million overall increase in bilateral trade.

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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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The Israeli formula for banking success

By Sandy Rashty, June 12, 2013

The British public is disenchanted with the banking system. Many have accused bankers of being overpaid, inefficient and under-regulated. They accuse banks of relying on government rescue.

But Dr Yossi Bachar, chairman of the Israel Discount Bank (IDB), the third-largest bank in Israel, says the grumbles echoing throughout the UK and Europe, are rarely heard in Israel.

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British tax benefits attract foreign wealth

By Alex Brummer, April 26, 2013

Britain is once again a magnet for big businesses and the super rich because of its favourable tax scheme.

Chancellor of the Exchequer George Osborne’s attempt to lower the corporation tax rate to 20 per cent has encouraged offshore enterprises to return to Britain — including Sir Martin Sorrell’s leading advertising group WPP.

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Employers must act now over pensions

By Ros Altmann, April 25, 2013

A seismic shift in pensions is underway, affecting all UK employers and employees. The government is revolutionising workplace pensions, forcing all employers, whether large companies with thousands of workers, or working mothers employing one nanny, to provide pensions for their staff.

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