Shocks & Stares » Robert Peston http://blogs.hillandknowlton.com/shocksandstares H&K\'s Financial & Professional Services Team Blog Tue, 19 Mar 2013 08:00:56 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 FPS’ Friday Fiver http://blogs.hillandknowlton.com/shocksandstares/2012/03/fps-friday-fiver-34/ http://blogs.hillandknowlton.com/shocksandstares/2012/03/fps-friday-fiver-34/#comments Fri, 09 Mar 2012 17:38:53 +0000 David Chambers http://blogs.hillandknowlton.com/shocksandstares/?p=588 Here’s your five for the weekend everyone – short, sharp and to the point:

1. We’re 12 days away from this year’s Budget and the noise has started already. This week’s focus has been all about the question of taxation – in particular, the proposed mansion tax, child benefit levels and how much relief on tax people paying into pensions should qualify for. Next week kicks off with the British Chambers of Commerce submitting their Budget wishlist – expect the hard economic debate from Mr Balls etc to follow.

2. Meanwhile, the Institute for Fiscal Studies provided plenty of ammunition for Labour with its latest figures on household spending which claimed to show that households are set to lose £370 from tax and benefits changes already in place.

3. Over in media land, Robert Peston drew the wrath of the Financial Times by latching onto an exclusive from George Parker last month and repackaging it into one of the stories of the week – Vince Cable’s now very public critique of Coalition policy.

4. Wrapping up the week, today finally saw the disclosure of pay figures for Barclays’ senior figures, including Bob Diamond. Suffice to say, the reaction has been predictable, decrying the vast sums while others have questioned the payout based on the company’s declining performance. Perhaps not such a bad day for Lloyds and RBS to reveal their figures at the same time then…

5. Finally, tonight sees the inaugural Financial & Professional Services ‘Cheese & Wine night’ – expect plenty of sore heads and full stomachs tomorrow!

Happy weekend all!

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Friday Fiver http://blogs.hillandknowlton.com/shocksandstares/2012/02/friday-fiver-6/ http://blogs.hillandknowlton.com/shocksandstares/2012/02/friday-fiver-6/#comments Fri, 24 Feb 2012 15:29:44 +0000 Edward Jones http://blogs.hillandknowlton.com/shocksandstares/?p=554 1. Peston & Hester on the One show: On the eve of RBS’ eagerly anticipated results this week, Stephen Hester, the undersiege Chief Executive, took to the airwaves to defend RBS. The interview on the One Show was as expected, up until the point Robert Peston, commenting that bankers usually hate the limelight, asked ‘Are you enjoying yourself?

Hester’s response was telling:

‘The limelight I hate. I don’t know if I’d have done it if I had my time again, but I’m here and what I care a lot about is can RBS succeed? I think it can, I want to be part of the team that made it succeed, and I’m gritting my teeth about the rest and pushing on with that.’

I was impressed with two things: first, his honesty, and secondly his determination. Both came through during the interview and set the tone for how the results were received the following day.  

2. Another week, another Greek bailout: A second bailout in as many years, amid constant rangling begs the simple question will it last? I’m not convinced.   

3. A less marked U-turn, but a U-turn nonetheless: Cameron ‘attacked’ anti-business rhetoric this week decrying those who criticise big business as ‘dangerous’. Quite. I’m pleased to say it wasn’t just us that noticed the irony of this statement. 

4. Only girls allowed: An advert with face recognition technology is highlighting discrimination against women for children’s charity, Plan UK. The ad on Oxford Street ignores men and will only play to women aiming to send a message about equality. Perhaps the Government could place one in the boardrooms of Britian’s biggest companies in its drive to improve equality.

5. The Sun on Sunday: Finally, we’re eagerly anticipating our little trip to the newsagents this Sunday morning to get our hands on the first edition of the Sun on Sunday, to complement our last edition of the News of the World. Don’t forget yours.

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