Economics

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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British government's £15 million project to support Palestinian businesses

By Zoe Winograd, April 10, 2013

The British government is launching a £15-million plan to aid Palestinian businesses.

UK International Development Minister Alan Duncan met Palestinian businessmen and women at the Hebron Chamber of Commerce this week to unveil the Palestinian Market Development Programme.

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Seeing for myself what has made Israel the genuine Start-Up Nation

By Lord Green, March 15, 2013

This government has made a priority of building economic relations between Britain and Israel. We believe that both countries can benefit from a stronger partnership, finding those areas where both countries are world leaders, and where together we can do amazing things.

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Bilateral trade benefits from a taste of Israeli medicine

By Jennifer Lipman, March 15, 2013

Demand for Israeli medicines in the UK helped take bilateral trade between the two countries to a record high in the last calendar year.

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Extremist threat is not just about the economy, stupid

By Matthew Goodwin and Anthony Painter, September 7, 2012

To what extent is the rise of right-wing extremism in Europe, including Golden Dawn in Greece, the Austrian Freedom Party (FPO) and the Party for Freedom in the Netherlands (PVV), due to the financial crisis? Many believe it to be so.

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Billionaire Carl Icahn gives son $3bn to spend

By Sandy Rashty, August 16, 2012

Jewish billionaire businessman Carl Icahn is encouraging his eldest son to hone his money-making skills — with the help of a $3bn grant.

The American hedge fund manager, 76, allocated the cash to his son, Brett, to invest in listed companies worth up to $10bn.

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EU upgrades trade and diplomatic ties with Israel

By Nuno Wahnon Martins, July 26, 2012

Earlier this month, President of the European Commission, José Manuel Barroso, visited Israel.

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Azerbaijan does great business with Israel

By Faina Kirshenbaum MK, July 19, 2012

In May, while part of a Knesset delegation to Azerbaijan, I attended a children’s recital at the Or Avner school in Baku. The children performed Hebrew songs that I remembered my own Israeli-born children singing.

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