Alex Brummer

Iran sanctions are stepped up

By Alex Brummer, January 17, 2013

There is no better time to bury news than when newspapers are not published or when the attention of those who report the news is elsewhere. Traditionally, the most dodgy companies hold their annual general meeting on Christmas Eve or New Year’s Day.

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It's not all over for high streets

By Alex Brummer, December 22, 2012

The shape of retailing on Britain's high streets, in the shopping malls and in local neighbourhoods, is changing rapidly. The advance of the internet has been catastrophic for some retailers.

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SodaStream to fizz up the market

By Alex Brummer, December 10, 2012

In recent weeks, Brighton has become the focus of Palestinian boycott activity, with demonstrators noisily picketing the clinical Ecostream store on the city’s main thoroughfare, Western Road.

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The UK pay gap is getting greater

By Alex Brummer, November 22, 2012

At a time of national austerity one might have expected pay in Britain’s boardrooms to have subsided. After all it is the year of the “shareholder spring” when investors across Britain reportedly rose up against greed among directors.

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Who are the giants that will save the economy?

By Alex Brummer, November 8, 2012

Match-making websites and speed dating have become essentials in the great courting ritual. But how many people realise that the modern substitute for the shadkhan is partly the result of research carried out by economist Alvin Roth?

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Jobs at core of MENA problems

By Alex Brummer, October 25, 2012

The Arab Spring and the turmoil left in its wake, has concentrated the minds of policymakers on dealing with the economic causes of the uprising across the Middle East and North Africa (MENA).

A new study, presented at the International Monetary Fund (IMF)/World Bank meetings earlier this month, seeks to address the weaknesses, particularly in the labour market, in the region.

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Digital giants are destroying our high-streets

By Alex Brummer, August 30, 2012

Hang out the bunting, let’s celebrate. Apple has miraculously become the most valuable quoted company in history. How did it reach this exalted status?

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How Britain’s banks doomed Iran approach to failure

By Alex Brummer, August 24, 2012

Britain's banks have had a dreadful summer. Money laundering charges against our two biggest international banks HSBC and Standard Chartered (SCB), coming hard on the heels of the Libor interest rate rigging scandal at Barclays, delivered enormous reputational damage.

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Donor dollars are everything in the US

By Alex Brummer, August 16, 2012

The emergence of Sandy Weill, the American financier who drove a coach and horses through the Glass-Steagall banking restrictions Act, as an advocate of breaking up the super-banks into separate investment banking and utility banking units, was something of a Damascene moment.

Glass-Steagall is the law that limited the investing risks banks could take.

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It's time to be bold with the banks

By Alex Brummer, August 2, 2012

The 2008 financial crisis tested our faith in the stability of Britain's banks and the reckless lending decisions made during the financial boom with Royal Bank of Scotland and HBOS (merged into Lloyds) attracting the most opprobrium.

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Women are key in boardroom battles

By Alex Brummer, July 19, 2012

The Jewish community has recently been going through one of its regular bouts of angst concerning the lack of women in leadership roles. But it should not think it is alone. The general business sectors face the same problem.

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We have to stop those playing tax games

By Alex Brummer, July 6, 2012

One of the potentially positive consequences of the economic slump and long period of turmoil in financial markets is that it has led to a broad public debate about the morality of free market capitalism.

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Should we listen to Paul Krugman to get us out the crisis?

By Alex Brummer, June 21, 2012

No economist has been more outspoken about the causes and consequences of the “Great Panic” and “Great Recession” than Nobel prize winner Paul Krugman. He is one of a golden generation of economic thinkers, spawned by the Massachusetts Institute of Technology (MIT), that have emerged to dominate the debate about the causes and consequences of slump.

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The Flaws of the Facebook Float

By Alex Brummer, June 8, 2012

The idea that Facebook customers and the public would benefit from the social networking site’s initial public offering was always a fallacy. Facebook founder Mark Zuckerberg may now be the richest newly-wed in the world but the 16 billion-dollar-man did not achieve the impossible without being ruthless.

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Israel weathers financial crisis

By Alex Brummer, May 24, 2012

Israel receives little credit for its economic achievements. So it was a nice surprise to find Stanley Fischer, governor of the Bank of Israel, as the star turn at a luncheon for global economic policymakers at last month’s International Monetary Fund (IMF) meeting in Washington.

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Lloyds bid turns to Middle East

By Alex Brummer, May 10, 2012

Lloyds Banking Group, the product of the disastrous forced marriage between Lloyds and HBOS, has a serious problem.

The 43 per cent government-owned bank has been told by the European Commission that it must disgorge 632 of its branches and the back-up systems so as to satisfy rules governing state subsidy.

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Britain, we need to get building

By Alex Brummer, April 26, 2012

You don't need to be an economist to understand that investment in the nation's infrastructure is grossly inadequate.

Willie Walsh, chief executive of IAG, the holding company for British Airways, frequently takes to the media to express his concerns about the lack of runway capacity in the south-east of Britain.

Drought orders across great swathes of the country provide a sharp remainder of

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British businesses must stop selling out

By Alex Brummer, April 11, 2012

The overseas takeovers of British-based enterprises roll on. Among the latest UK companies to find a new home is Staines-based NDS, originally an Israeli start-up, bought last month by California's Cisco Systems for $5 billion in what was claimed to be Israel's biggest high-tech deal yet.

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Tesco's troubles can turn around

By Alex Brummer, March 29, 2012

Tesco may have run out of Jewish chief executives but as a supermarket group it has remained true to its roots.

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Osborne, be bold in the Budget

By Alex Brummer, March 15, 2012

In many ways George Osborne has been a disappointing Chancellor. The toxic inheritance of Labour's debt mountain, together with the rigours of coalition politics and the crisis in the Euroland, have left him with little room to manoeuvre.

But none of this really explains his failure to seize the high ground in rebalancing the UK economy away from finance and underpinning growth.

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