The Institute of Directors has released polling data from its members showing that the temporary capital investment tax ‘super-deduction’ has had a positive and measurable impact. The super-deduction was introduced in Budget 2021 for two years to increase levels of business investment as the economy recovered from the pandemic. Of those firms whose business depends…
The June 2022 Directors’ Economic Confidence Index, which measures business leader optimism in prospects for the UK economy, fell to -60 in June, its lowest level since the early months of the pandemic, down from -45 in April. Of those that said they were pessimistic about the prospects for the UK economy, the overwhelmingly most…
Commenting on data from the Office of National Statistics that showed CPI inflation rose from 9% to 9.1% in May, Kitty Ussher, Chief Economist at the Institute of Directors, commented: “This is a story that has little changed since April, with the recent rise in household energy and transport prices explaining most of the high rate of…
David Stringer-Lamarre, MD of FortisCL said “During the very engaging Reflections of The Lord Mayor event (first since Covid), held within the Guildhall in the City of London, it was a great pleasure to speak with the three ‘most recent’ Lord Mayors of London: Sir Charles Bowman 2017/18, Sir Peter Estlin 2018/19 and Sir William Russell 2019/21. “It was also excellent to catch…
House of Lords – Artificial Intelligence Update – London Tech Week – IoD London ERP/Digital group. David Stringer-Lamarre, MD of FortisCL, was very pleased to be the MC for an informative and engaging event on Artificial Intelligence led by Lord Tim Clement-Jones. A sell out audience heard the views of the speakers on a range of topics. Joel Singh, Chair of IoD…
Commenting on the decision of the Monetary Policy Committee of the Bank of England to raise interest rates from 1% to 1.25%, Kitty Ussher, Chief Economist of the Institute of Directors, commented: “Our data shows that the high rate of inflation is of deep concern to our members, and is the main driver of pessimism…
David Stringer-Lamarre, MD of FortisCL was very pleased to attend The British Malaysian Society Islamic Finance seminar on Fintech and Sustainability at the PNB office in London. David said that the knowledgeable panel was skilfully moderated by Fara Mohammad. Panel members: Dato’ Faiz Azmi, Alastair King DL, Sabila Din, Sharjeel Ahmad A. Ahmed, Abdul Hasib Ishak, Shaykh Haytham Tamim, Prof Bill Russell and Dr Alija Avdukic. Image taken by Rie…
The May 2022 Directors’ Economic Confidence Index, which measures business leader optimism in prospects for the UK economy, slid to its lowest level since October 2020 of -45, down from -36 in April. Of those that said they were pessimistic about the prospects for the UK economy, the overwhelmingly most frequent reason given for this…
University of East Anglia at The Royal Institute in London – The Lasdun Lecture: What is the intersection of medicine and the humanities? Professor Sally Hardy, Professor (and author of medical memoir The Language of Kindness: A Nurse’s Story) Christie Watson and Dr Harriet Cooper. David Stringer-Lamarre, MD of FortsiCL said: “As a UEA alumnus, with…
IoD London Region. David Stringer-Lamarre, MD of FortisCL was pleased to attend a discussion with a delegation from Costa Rica alongside other members of The Institute of Directors (IoD) and partner organisations. An innovation district is being developed in association with the local government of San Jose (Costa Rica’s capital). The Costa Rican delegation, as part of its European…
Responding to today’s announcement by the Chancellor of the Exchequer on a package of support to address rising energy bills, the IoD’s Chief Economist Kitty Ussher said: “Whilst we would of course like to have seen direct help for business energy costs in today’s announcement, we completely understand that the priority should be to address…
The Worshipful Company of Glaziers and Painters of Glass 50th Stevens Competition. David Stringer-Lamarre, MD of FortisCL said that this was a marvellous occasion at Glaziers Hall on the banks of the River Thames. COMMISSION WINNER ANNOUNCED: for the Wilfred Owen window in Dunsden Church, Oxfordshire: Natasha Redian (subject to DAC faculty approval). Congratulations to…
The Worshipful Company Of Wheelwrights Mansion House Dinner 2022. David Stringer-Lamarre, MD of FortisCL, was very pleased to have been invited to attend. Master Elliott Porte spoke of the Wheelwrights newer and important affiliation with the National Tyre Distributors’ Association. In his response the Representative Lord Mayor Alderman Sir William Russell KBE noted the Wheelwright’s commitment to the wheelwright craft,…
Commenting on the news that CPI inflation rose from 7% to 9% in April, Kitty Ussher, Chief Economist at the Institute of Directors, said: “While this high rate was to be expected given the rise in the retail energy price cap, it is nevertheless shockingly high. “Business leaders tell us that the UK macroeconomy is now their…
IoD London International Trade Group hosted the first Trade Dinner at the Oriental Club with Lord JD Waverley and Amanda Brooks CBE. David Stringer-Lamarre, MD of Fortis CL was pleased to attend. The member-only evening was attended by international trade specialists, including Emma Rowland of The Institute of Directors (IoD) and business people active in international…
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