Word: britain
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...bankers, corporate lawyers and fund managers that make the City their home. The reason he's bullish? Demand for office space is tied to the health of London's financial-services sector and, by many measures, the City has never been fitter. The U.K. financial sector contributed 3.5% of Britain's gdp in 2005, a leap from 2.4% in 2000. "You can sense growth taking place," Burgess says. The project, he says, represents, in glass and steel, "confidence in London's financial services...
...faith seems well placed. Like its skyline, London's profile as a financial hub is rising. While the U.S.'s mammoth $13 trillion economy provides a bigger market in domestic shares listed on Wall Street's two major exchanges - nasdaq and the New York Stock Exchange (n.y.s.e.) - Britain's more modest economy (it's the fifth largest in the world) has forced London to transform itself into a more internationally minded financial center to stay competitive. That transformation has become so successful lately that it has led to widespread speculation over whether London or New York City will become...
London owes much of its recent success to its lighter regulatory touch. In 1997, Britain's government brought an overdue end to a complicated and largely self-regulatory system with the creation of the Financial Services Authority (fsa). As lines between financial markets and firms blurred - telling a bank from a stockbroker was becoming more and more difficult - a one-stop regulatory authority, parliament concluded, appeared best suited to serving the industry. (For companies operating in the U.S. and much of Europe, no such single body exists.) The fsa's remit: working with firms to pinpoint potential risks long before...
...fuss? British political parties nominate candidates for life peerages, which give recipients the title of lord or lady and allow them to sit in Britain's 748-member upper chamber of Parliament. Under a 1925 law, the sale of honors is illegal. Police are now attempting to find out if some peerages recommended since 2001 by all major parties were given in return for donations and secret loans. They are also investigating whether another law, which says that all donations of more than $10,000 must be declared, has been broken...
...weeks before Winter Break, I covered the Harvard Men’s Basketball Team as they traveled into the depths of anonymity—New Britain, Connecticut—for a formidable non-conference tilt against the Central Connecticut State Blue Devils.Never heard of the school? Neither had I. Never heard of New Britain? Join the club.To enlighten those unfamiliar with this great city and worthy university, Central Connecticut State, or CCSU for short, is the oldest public university in Connecticut, was founded in 1849, enrolls almost 13,000 students, has a freakishly good running back in Justise Hairtson (participated...