After months of speculation a death sentence has been served on the Financial Services Authority (FSA) as Chancellor George Osborne puts in place a new financial regulatory regime designed to fend off any repeat of the crises of recent times.
Enterprises are changing the nature of how they plan. An enterprise-wide planning and analysis solution will help companies anticipate and shape business outcomes more effectively, says IBM's Martin Richmond-Coggan.
"If Mr Cable had his way, all the big banks would be broken up and bonuses would be virtually eliminated - a sure-fire way in my view of guaranteeing an end to the UK’s ability to compete as an international financial centre. Let’s not forget that this is a man who is on record as saying that everyone who works in a bank has an ‘aristocratic lifestyle’ clearly demonstrating his lack of understanding of the sector." A tough line on bankers’ bonuses could make a brain drain of financial talent a distinct possibility, warns Paul Marsden. Read more